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Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. In recent weeks, market watchers have started asking whether the sky-high premiums on some crypto treasury companies are sustainable. Several stocks in the category trade at two to seven times their modified net asset value (mNAV) — a multiple that would be difficult to justify if these firms were simply vaults for Bitcoin (BTC) or Ethereum (ETH). If those premiums unwind, billions in market cap could vanish. Summary Top crypto treasury firms like Strategy, Metaplanet, and DeFi…
Investors withdrew 230,000 ETH from exchanges in just 48 hours Ethereum joined the rest of the market in the past day by plummeting to a multi-month low of $3,500 before recovering slightly to $3,850 as of now. During this harrowing crash, different investors showed various behavior types, from mass selling to buying the dip. The ETH flash crash in the summer of 2017 is the closest event I can think of in comparison to what happened yesterday. Even during the Covid crash I can’t remember so many major alts losing so much so swiftly. Difference with this liquidation cascade…
Key points:Bitcoin and altcoins reel from the biggest liquidation event in crypto history.BTC price action fails to stage a rebound from multi-week lows, with $100,000 getting closer.Crypto is beginning a “cleanse” of bull-market euphoria, a trader says.Bitcoin (BTC) pressured $110,000 support on Saturday as the dust settled on a record $20 billion liquidation event.BTC/USD one-hour chart. Source: Cointelegraph/TradingViewTrader sees start of “crypto cleanse”Data from Cointelegraph Markets Pro and TradingView showed BTC/USD struggling to rebound after falling to three-week lows on Bitstamp.Fresh market nerves over the US-China trade war punished risk assets across the board. The S&P 500 closed down 2.7%…
The Bitcoin, Ethereum, and Dogecoin prices are crashing today, sparking bearish sentiment in the crypto market. This followed the U.S. President Donald Trump’s move, which has ignited fears of a full-blown trade war with China. Why The Bitcoin, Ethereum, and Dogecoin Prices Are Crashing The Bitcoin, Ethereum, and Dogecoin prices are down today, according to CoinMarketCap data. The flagship crypto has dropped to as low as $104,000 over the last 24 hours, wiping out its early October gains that led to a new all-time high (ATH) above $126,000. Ethereum dropped to as low as $3,400, while Dogecoin broke below the…
Prediction markets are not a niche crypto subculture anymore. They are mainstream finance. Kalshi, one of the world’s largest prediction markets that accepts bitcoin deposits, announced it has raised $300 million in new funding at a $5 billion valuation and will soon open access to users in more than 140 countries, according to The New York Times. The round, led by Sequoia Capital and Andreessen Horowitz with participation from CapitalG, Coinbase Ventures, Paradigm, and others, more than doubled Kalshi’s valuation from its previous raise in June. The company’s annualized trading volume has surged from $300 million last year to an…
Mike Novogratz’s Galaxy Digital has secured a $460 million private investment from one of the world’s “largest asset managers” to accelerate the transformation of its former Bitcoin mining site in Texas into an AI data center.The deal involves the purchase of 12.77 million Class A shares at $36 per share, with the proceeds earmarked for general corporate use and the expansion of its Helios campus, expected to deliver 133 megawatts of IT capacity in early 2026, the company announced Friday. “Having one of the world’s largest and most sophisticated institutional investors make such a significant investment in our company will…
XRP has lost its momentum as of late, but will the struggles continue? Ripple’s cross-border token had a spectacular run in the past year, which culminated in the summer of 2025 with a surge to a new all-time high of $3.65. Thus, it managed to break the 2017 peak after more than eight years of sitting below $3.4. However, its rally has hit a massive roadblock that has crippled it from pushing to and beyond those levels. What’s particularly painful for the XRP Army is that Bitcoin managed to tap a new all-time high earlier this week. Moreover, BNB…
Cosmo Jiang has overseen more than 20 deals for Pantera Capital.Running a successful crypto treasury firm typically boils down to one thing, he told DL News.The digital asset treasury trend peaked this summer.Cosmo Jiang knows a thing or two about public companies pivoting to crypto.After more than 20 deals and over $500 million deployed, Pantera Capital’s general partner identified what separates the successes from the pack.And it revolves primarily around knowing your audience.“A lot of people in crypto don’t realise that the whole name of the ball game in equities is you have to appeal to equity investors,” Jiang told…
Solana price maintains near the $220 level amid market volatility, buoyed by ETF hopes. Daily network transactions drop 50% from July’s 125 million peak. The total value locked hovers above $32 billion despite reduced on-chain activity. Solana’s price hovers around $220 even as on-chain data reveals a significant contraction in network activity. While a 50% dip in transactions is a factor to pay attention to, anticipation surrounding potential spot exchange-traded funds approvals and growing corporate interest provide bullish fuel for SOL. Solana sees 50% dip in daily transactions According to a recent report from CryptoQuant, Solana’s daily transaction count has…
XRP collapsed as much as 42% in Friday’s trade, its sharpest one-day drop in recent years, as whales liquidated across major venues and futures open interest fell $150 million. The selloff drove price as low as $1.64 before a partial recovery to $2.36, with volumes surging 164% above the 30-day average — a sign of forced deleveraging across corporate desks.What to Know• XRP fell from $2.82 to $2.36 between Oct 10, 01:00 and Oct 11, 00:00, posting a 16% daily loss.• Intraday volatility peaked at 43%, with prices briefly wicking to $1.64 during high-frequency liquidation sweeps.• Institutional futures open interest…