CryptoSlate
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20:15 May 01, 2025
Algorithmic trading firm Two Prime formally dropped its exposure to Ethereum (ETH), stating that ETH now trades as a memecoin rather than a predictable asset. According to CEO Alexander Blume, the firm will now exclusively manage and lend against Bitcoin (BTC). He added that the firm believes that Bitcoin is the only digital asset that […] The post Two Prime drops Ethereum, labeling it a memecoin amid waning institutional interest appeared first on CryptoSlate.