Categories: Bitcoin

‘No One Wants ETH in the Long Run’—Samson Mow Warns of BTC-Driven Pump and Dump



A prominent bitcoin advocate and JAN3’s CEO, Samson Mow, alleged a cyclical trading pattern fueling recent ETH- BTC price shifts. He claimed that early ethereum investors—many holding substantial bitcoin reserves—are rotating BTC into ETH to boost its value with hype-driven narratives, such as “Ethereum Treasury” campaigns. According to Mow, the strategy ends when these actors […]



Source link

Joseph Rees

Leave a Comment
Share
Published by
Joseph Rees
23 hours ago

Recent Posts

Circle to Launch Arc Blockchain | Live Crypto Updates | Aug. 15, 2025

Disclaimer: This article is for informational purposes only and does not constitute financial advice. BitPinas…

17 seconds ago

Norway’s sovereign wealth fund boosts Bitcoin exposure by 192% in Q2

Key Takeaways Norway's sovereign wealth fund increased its indirect Bitcoin holdings by 192% in Q2.…

8 minutes ago

Sam Altman, OpenAI will reportedly back a startup that takes on Musk’s Neuralink

Sam Altman is in the process of co-founding a new brain-to-computer interface startup called Merge…

1 hour ago

Mesh Adds RLUSD Support, Setting Stage for Merchant Adoption Surge

Ripple USD’s arrival on Mesh’s expansive crypto payments network signals a powerful step toward mainstream…

1 hour ago

Will UNI Crypto Break $13? Uniswap Making Big Moves

Uniswap is undoubtedly one of the most valuable DeFi projects. With this mega valuation comes…

1 hour ago

Non-Developers Can Build Apps Faster Than Ever, Thanks to Vercel

Vercel’s v0.app empowers non-developers to build full apps fast, with major brands using it to…

2 hours ago