Gate News message, Tom Lee's Bitmine purchased an additional 40,000 ETH valued at $82.07 million from centralized exchanges today. The transaction marks another significant ETH accumulation by the firm.

Gate News reports that on April 1, Tom Lee, chairman of the Ethereum treasury company Bitmine, stated on the X platform that, from the perspective of the major regional economic structure in the United States, high oil prices are not an absolute negative for the overall economy. Texas benefits from the energy industry, New York relies on public transportation to reduce sensitivity to oil price fluctuations, and Florida has relatively short commuting distances; these regions can, to some extent, buffer the impact of rising oil prices. Additionally, Tom Lee emphasized that the “crisis” itself contains both “danger and opportunity,” but most investors tend to focus only on risks and overlook potential opportunities.

Tom Lee said in a CNBC interview that the market has already digested most of the selling pressure, or has already found a bottom. He noted that historically, the stock market often shows signs of a bottoming early in wartime, and if the current environment matches that pattern, the market could see a V-shaped rebound. In addition, he believes the U.S. economy can withstand an oil price as high as $120.

Bitmine Chairman Tom Lee said that the current crypto market may have already bottomed out and that the decline could end before 2026. He pointed to the correlation between Ethereum and the S&P 500’s drop, and noted that long-term holders are maintaining their positions, suggesting the market may be entering an accumulation phase. Bitmine has recently increased its holdings by more than 65,000 ETH.

Gate News reports that on March 29, South Korean President Lee Jae-myung nominated Shin Hyun Song, the head of the Monetary and Economic Department of the Bank for International Settlements, as a candidate for the new governor of the Bank of Korea. It is reported that Shin Hyun Song is known as a "pragmatic hawk" and holds a negative attitude towards the Korean won-pegged stablecoin promoted by the Lee administration. Shin Hyun Song believes that in countries with highly volatile exchange rates that are susceptible to capital outflows, stablecoins can easily become a tool for capital flight, and stablecoins pegged to the local currency may accelerate this trend.

Gate News reports that on March 28, South Korean President Lee Jae-myung nominated Shin Hyun Song, head of the Monetary and Economic Department of the Bank for International Settlements, as a candidate for the new governor of the Bank of Korea. Shin Hyun Song is known as a "pragmatic hawk" and has a negative stance towards the Lee government’s push for a won-pegged stablecoin. Shin believes that in countries with severe exchange rate fluctuations and vulnerability to capital outflows, stablecoins can easily become tools for capital flight, and stablecoins pegged to the local currency may accelerate this trend.

Since the war between the U.S. and Iran began at the end of February, Ethereum has performed exceptionally well, outperforming several major assets. Fundstrat's research shows that Ethereum has risen 17% against the S&P 500, and Tom Lee believes it has significant potential as a risk-averse asset. He predicts that Ether could rise to $250,000, and multiple institutions are optimistic about investing in it. Currently, the price of Ethereum is fluctuating around $2,000, with market attention continuously increasing.

This article summarizes cryptocurrency news for March 24, 2026, focusing on the latest Bitcoin updates, Ethereum upgrades, Dogecoin trends, cryptocurrency real-time prices, and price forecasts. Today's major events in the Web3 sector include: 1. BlackRock pushes the $20 trillion tokenization market, Larry Fink optimistic about lowering investment barriers; 2. BitMine Chairman Tom Lee: Ethereum's harsh winter is nearing its end, ETH price faces market test; 3. U.S. plans to ban stablecoin yields, "CLARITY Act" reshapes crypto business model boundaries.

BitMine Chairman Tom Lee believes Ethereum may be at the tail end of the cryptocurrency winter. The company has recently increased its ETH purchases, demonstrating strong safe-haven characteristics. He is optimistic about the passage of the Clarity Act, which he believes will help improve Ethereum's fundamentals. Ethereum is currently trading at $2,138, though geopolitical tensions remain a source of uncertainty.

Bitmine Immersion Technologies Chairman Tom Lee stated that the "mini winter" in the crypto market is ending. The company has been actively purchasing ETH recently, with current holdings exceeding 4.6 million coins, representing 3.86% of total circulation. The company sees positive signals in market stabilization and the advancement of the CLARITY Act, with ETH up 18% since the Iran conflict.