Standard Chartered Bank: Buying Ethereum and Bitmine stocks before the weekend may be a good choice According to Coindesk, Geoff Kendrick, Global Head of Digital Asset Research at Standard Chartered Bank, stated that Ethereum, like other cryptocurrencies, has experienced a significant decline in recent days, but the positive momentum continues. He pointed out that since the Fusaka upgrade in December, the trading volume of the Ethereum network has skyrocketed to record levels. This upgrade has effectively alleviated past capacity bottlenecks and promoted on chain activity growth. In addition, Bitmine, the largest enterprise holder of ETH, continues to buy Ethereum, and the macroeconomic environment has also played a positive role: the easing of tariff risks related to Greenland, the rebound of the Japanese bond market from selling, and the increasing expectation that Rick Rieder, fixed income head of BlackRock, may become the next chairman of the Federal Reserve, all contribute positively to risk assets. He believes that going long on Ethereum and Bitmine (BMNR) before the weekend has a good risk return ratio.