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BlockBeats News, May 22: Ethereum's largest treasury, BitMine, Chairman Tom Lee, stated that Ethereum has a strong group of leaders and developers who can ensure its position as the future settlement layer for finance and AI. Much of the current bearish sentiment is just desperation and blame-shifting at the bottom of the crypto winter. Blockchain is the only viable way for agentic AI to conduct business interactions, while significantly improving the profitability of the financial system. Tom Lee remains bullish on ETH.
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