Tom Lee Predicts Ethereum’s Big Supercycle!

Tom Lee says Ethereum is beginning a new supercycle similar to Bitcoin’s 100x run since 2017.

Danielle du Toit
November 17, 2025

Here's what we've got for you today:

Tom Lee says Ethereum is beginning a new supercycle similar to Bitcoin’s 100x run since 2017.

Tom Lee says Ethereum is entering the same kind of long-term “supercycle” that helped Bitcoin multiply more than 100x.
He shared that both assets face steep drawdowns, and argued that volatility reflects doubt while markets price in a “massive future.”
Despite recent declines of 25% for Bitcoin and over 35% for Ethereum, Lee still believes long-term holders who endure these “existential moments” stand to benefit most.

Peter Schiff renewed his criticism of Strategy and Michael Saylor, and called the firm’s Bitcoin-centric business model a “fraud.”

Peter Schiff accused Strategy’s Bitcoin-focused business model of being a “fraud,” claiming its high-yield preferred shares will never pay out as advertised.
He warned that abandoned demand for these shares could trigger a “death spiral,” which will prevent the company from raising new debt and undermine its Bitcoin-accumulation strategy.
Schiff’s comments come amid heightened market stress, with Bitcoin falling below $99,000 and crypto-exposed equities sliding after a sharp October flash crash.

Anthony and AJ Scaramucci have invested over $100 million into American Bitcoin.

Anthony Scaramucci and his son AJ invested more than $100 million into American Bitcoin, a mining and treasury firm co-founded by Eric Trump and backed by Donald Trump Jr.
The investment was made through AJ Scaramucci’s firm Solari Capital, which led a $220 million funding round ahead of the company’s public listing through a reverse merger.
The round drew backing from several high-profile people, including Tony Robbins, Charles Hoskinson, Grant Cardone, and Peter Diamandis.

Harvard University expanded its Bitcoin ETF investment by more than 250% in Q3.

Harvard University increased its holdings in BlackRock’s iShares Bitcoin Trust (IBIT) by more than 250% in Q3, raising its position to 6.8 million shares worth $442.8 million.
The university first disclosed an IBIT allocation in August, when it held 1.9 million shares valued at about $116.6 million.
Bloomberg’s Eric Balchunas said it is “super rare” for a university endowment to buy an ETF, and called Harvard’s move a strong validation even though it represents only around 1% of its total endowment.

That’s it for today. Don’t forget to share Coinpaper Digest with your friends!