Bitmain Buys 138,452 ETH in $460 Million Investment Amid Price Recovery Signs
Chairman Tom Lee states Ethereum has likely hit its bottom after falling below $3,000, with the latest purchase marking Bitmain’s largest addition since October.
ETH
Summary
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Terms & Concepts
ETH: The native cryptocurrency of the Ethereum blockchain, used for transactions, staking, and running decentralized applications.
Ethereum: A blockchain platform supporting smart contracts (self-executing blockchain code) and decentralized applications.
Smart Contract: Self-executing blockchain code that automatically enforces agreements without intermediaries.