How This $100M Bitcoin-Backed Loan Could Rewrite the Corporate Treasury Playbook
Metaplanet, a Tokyo‑based public firm, tapped a $100 million Bitcoin‑collateralized credit facility on Oct. 31 to fund additional BTC purchases, its options‑premium business and a share‑repurchase program, after its market‑adjusted net‑asset‑value (mNAV) fell below parity. The move follows a broader slowdown in corporate Bitcoin inflows, with public companies adding 159,107 BTC in Q2 but then seeing premium‑to‑book compress, forcing treasuries to consider debt instead of dilutive equity issuances. Metaplanet’s $500 million BTC‑backed facility, its goal of holding 210,000 BTC by 2027, and similar actions by firms like Strategy and Bitplanet illustrate a nascent playbook where Bitcoin‑backed loans substitute for equity financing when stock valuations are discounted. The article warns that while such leverage can sustain accumulation, it also introduces collateral‑value and floating‑rate risks that could trigger deleveraging if Bitcoin prices fall sharply.
Trump Says He Wants U.S. To Be ‘The Bitcoin Superpower,’ Cites Competition From China
President Donald Trump used the America Business Forum in Miami to declare that the United States will become a "Bitcoin superpower," announcing historic executive orders that end the federal "war on crypto" and emphasizing crypto’s role in easing pressure on...
How Deep Are Bitcoin Traders Hedging After Recent Price Dip Below $100K?
Bitcoin slipped below $100,000, marking an 18% decline from its recent $126,000 peak, as macro‑driven weakness curbed spot ETF inflows. On Deribit, the world’s largest crypto options venue, open interest in $80,000 puts topped $1 billion and $90,000 puts neared $1.9 billion,...
Controversial Hyperliquid HIP-5 Proposal Leaves Community Split
The Hyperliquid community is debating HIP‑5, a proposal to create a second assistance fund (AF2) that would allocate up to 5 % of protocol fees to purchase tokens of approved ecosystem projects such as PURR, Kinetiq and Felix. Currently 99 % of...
Robinhood’s Crypto Trading Revenue Soared 339% in Q3 as Company Tops Street Earnings Estimates
Robinhood reported third‑quarter crypto trading revenue of $268 million, a 339% year‑over‑year jump, driven by $80 billion in crypto volume and the addition of prediction‑market and Bitstamp businesses that together generate roughly $100 million in annualized revenue. Adjusted earnings per share came in...
Citi and DTCC Say Tokenized Collateral Works and Now Regulators Must Keep Pace
Citi’s Token Services platform is already live in the United States, United Kingdom, Hong Kong and Singapore, moving billions of dollars in real‑client cash transactions, while DTCC’s recent “Great Collateral Experiment” proved tokenized treasuries, equities and money‑market funds can serve as...
Seven Ethereum Protocol Teams Form Alliance to Engage on Crypto Policy
Seven leading Ethereum protocol teams—Aave Labs, Aragon, Curve, Lido Labs Foundation, Spark Foundation, The Graph Foundation and Uniswap Foundation—have formed the Ethereum Protocol Advocacy Alliance (EPAA). The alliance will pool technical expertise to influence emerging crypto regulations, representing protocols that...
The Protocol: ZKSync Aims to Revamp Its Tokenomics Model
ZKSync’s creator has lodged a community proposal to convert the ZK token from a pure governance instrument into a utility token that captures direct economic value from network activity. The plan would channel two new revenue streams—on‑chain interoperability fees for...
Monad Foundation Sets Nov. 24 Airdrop Date for Users
The Monad Foundation announced on X that its MON token airdrop will occur on November 24, after opening a claim portal on October 14 for users to verify eligibility. The portal accepted registrations across five tracks, targeting roughly 5,500 core...
Chainlink, Apex Group Test Onchain Stablecoin Compliance With Bermuda Regulator
Chainlink and Apex Group completed a pilot with the Bermuda Monetary Authority to test an on‑chain compliance system for stablecoins, leveraging Chainlink’s Proof of Reserve, Secure Mint, and Automated Compliance Engine. The solution gives regulators real‑time visibility into a stablecoin’s...
DWF Labs ‘Likely’ Exploited for $44M in 2022 Hack Linked to North Korea: Report
Crypto investment firm DWF Labs is alleged to have been breached in September 2022, resulting in the theft of more than $44 million in USDC and USDT, according to blockchain researcher Tanuki42. The attack is attributed to the North Korea‑linked hacking...
Crypto’s Anti-Surveillance Boom: Zcash, Monero and the Return of Anonymity
Privacy-focused cryptocurrencies have surged in the second half of 2025, with Zcash rallying over 700% since late September to overtake Monero as the largest privacy coin by market cap. About 25% of ZEC’s circulating supply now resides in shielded addresses...
Bitcoin Bulls' Last Stand? $95K, According to This Well-Followed Analyst
Analyst James Check (known as Checkmate) notes that roughly 57% of all capital ever invested in Bitcoin is now underwater at the $100,000 level, translating to about $20 billion in losses—about 3% of Bitcoin’s market cap. He warns that a slide...
Citi Says Crypto’s Weakness Stems From Slowing ETF Flows and Fading Risk Appetite
Citi attributes the recent dip in crypto markets to the October 10 liquidations that dented risk appetite, a sharp slowdown in U.S. spot bitcoin ETF inflows, and weakening on‑chain fundamentals. The bank notes that large‑holder (whale) bitcoin addresses are shrinking while...
Hut 8’s Tuesday Tumble Misguided and a Buying Opportunity: Benchmark
Hut 8’s shares fell nearly 13% after the Q3 earnings call failed to announce a hyperscaler tenant for its River Bend data centre, but Benchmark analyst Mark Palmer called the sell‑off short‑sighted and kept a buy rating with a $78 price target....
Britain’s Digital ID Push Is Premature and Dangerous
On September 26 the UK government unveiled a mandatory digital identity scheme called BritCard, initially targeting all employees and slated to expand to driving licences, welfare, banking and tax services. Critics warn the system could enable mass surveillance and create...
Bitcoin Will Be Hacked in 2 Years… and Other Quantum Resistant Marketing Lies
A handful of sites such as the Quantum Doom Clock project a 2‑3‑year window for quantum computers to break the elliptic‑curve keys used by Bitcoin, but the article argues that these timelines are based on optimistic assumptions and serve as...
Crypto Markets Today: Altcoins Struggle as Bitcoin Tests Key $100K Support
Bitcoin steadied near the $99,000 support line on Wednesday, edging up 1% to $103,281 after a sharp sell‑off that pushed it to its lowest level since June. Ether recovered modestly, rising 2% to $3,372 despite a 20% plunge over 48...
Dinari Taps Chainlink to Tokenize S&P DJI's Upcoming Crypto Market Index
Dinari is partnering with Chainlink to tokenize S&P DJI’s forthcoming Digital Markets 50 Index, creating on‑chain "dShares" that represent a basket of 35 blockchain‑related equities and 15 leading cryptocurrencies. Chainlink’s decentralized oracle network will feed verified, real‑time pricing and performance data to...
Bitcoin, Ether Under Pressure as Altcoins Reel, Futures Flash Caution: Crypto Daybook Americas
Bitcoin briefly fell below $100,000 for the first time since June, slipping more than 20% from its early‑October peak and triggering a broad crypto sell‑off that saw the CoinDesk 20 index drop 2.6% in 24 hours. Over $1.7 billion in long...
Gemini Prepares to Offer Prediction Market Contracts: Bloomberg
Cryptocurrency exchange Gemini (GEMI), which went public on the Nasdaq in September, is preparing to launch prediction‑market contracts, a form of event‑driven derivatives. The move follows a surge in the sector, highlighted by Polymarket and Kalshi handling more than $8 billion...
Hong Kong Charges 16 in Alleged $205M JPEX Crypto Fraud as Interpol Hunts 3 More Suspects
Hong Kong prosecutors have charged 16 individuals, including former lawyer and influencer Joseph Lam, in connection with the JPEX cryptocurrency fraud that allegedly defrauded more than 2,700 investors of HK$1.6 billion ($205.8 million), making it the city’s largest financial fraud on record....
Spot BTC ETFs Fail to Sure up Bitcoin Decline as Outflow Streak Hits $1.9B
Spot Bitcoin exchange‑traded funds recorded a $566.4 million net outflow on Nov. 4, extending a five‑day redemption streak to roughly $1.9 billion – the largest single‑day drain since Aug. 1. Fidelity’s FBTC led the exits with $356.6 million, followed by ARKB’s $128.1 million and Grayscale’s GBTC...
This Bitcoin Price Pattern Has Emerged 3 Times Since Late 2023, Triggering Corrections
Bitcoin slipped below $100,000 on Tuesday, touching $98,951 and testing the 365‑day simple moving average ($102,055) and exponential moving average ($99,924) that have acted as support in the current bull cycle. The dip marks the third notable profit‑taking wave by...
Bitcoin at Make or Break Level as China Suspends 24% Tariff on U.S. Goods
Bitcoin is hovering near its 50‑week simple moving average around $102,900, a historically strong support level that has propelled three prior rallies in its three‑year uptrend. China announced it will suspend the 24% additional tariff on U.S. goods for a...
Biggest Loser of NYC Election Polymarket Contract Is Down Almost $1M Betting Against Mamdani
Polymarket’s New York City mayoral election contract recorded a record $424 million in betting volume as Zohran Mamdani defeated Andrew Cuomo. Trader “fuxfux007,” a newcomer with only two positions, lost $969,169 betting against Mamdani, while “debased” netted $188,487 on the winning side....
Privacy Coin Rally Continues as DASH Surges 150%
The DASH cryptocurrency has surged 156% in the past week and roughly 200% over the last month, lifting its price to $120 – the highest level since 2022 – and pushing its market capitalization to about $1.4 billion. The rally follows...
Ether's 20% Freefall Triggers $1B Liquidation Cascade as Crypto Losses Accelerate
Ether plunged more than 20% over two days, sliding from just under $4,000 to around $3,250 and triggering roughly $970 million in liquidations of leveraged long positions. The sell‑off exhausted the buying capacity of BitMine, the largest ETH treasury, which holds...
Ripple's Stablecoin Hits $1B Milestone; Company President Discusses M&A Strategy to Fuel Growth
Ripple's RLUSD stablecoin surpassed $1 billion in market capitalization within a year of its December 2024 launch, making it the 10th‑largest U.S. dollar‑backed stablecoin. The token, issued by Ripple’s regulated subsidiary Standard Custody & Trust, splits its supply between Ethereum ($819 million)...
XRP Ledger’s Dual Utility Could Make It a Breakout ETF Play, Experts Argue
XRP Ledger’s dual functionality—supporting both value transfer (XRP) and payments via RLUSD on a single ledger—was highlighted by Bitnomial CEO Luke Hoersten as a structural advantage for a spot XRP ETF. Bitwise and Canary Capital have filed no‑delay amendments that...
5 Clear Signals that Will Prove if the Bitcoin Bull Run Is Still Alive
Bitcoin slipped below the $106,400 pivot as spot ETF redemptions surged, with BlackRock’s IBIT alone withdrawing $714.8 million over four days, turning a key source of daily demand into supply. The decline coincided with a cooled CME three‑month futures basis (4‑5%...
Appeals Court Seems Unmoved by Sam Bankman-Fried’s Claims of an Unfair Trial
A three‑judge panel of the U.S. Court of Appeals for the Second Circuit expressed skepticism toward Sam Bankman‑Fried’s bid for a new trial, questioning his claim that FTX was solvent at the time of its 2022 bankruptcy. His lawyer, Alexandra...
Coinbase Faces Flak From Traditional Bankers on Its Push for Trust Bank Charter
Coinbase’s request for a U.S. federal trust charter has been met with a formal objection from the Independent Community Bankers of America, which argues the exchange fails multiple statutory standards, lacks sound risk controls and may not be profitable in...
Chainlink's LINK Tumbles 6% as Technical Breakdown Trumps UBS, FTSE Partnership
Chainlink’s native token LINK fell 6% to $14.59, breaking the key $15.26 support level on a volume surge of 57.8% above its seven‑day average. The decline unfolded despite high‑profile institutional news, including UBS’s world‑first tokenized fund transaction using Chainlink’s Digital...
One Year On: Inside ApeChain’s Brief Rise and Slow Fall
ApeChain, the Yuga Labs‑backed Layer 3 built for the ApeCoin ecosystem, launched in October 2023 with promises of fast transactions, NFT staking and developer incentives, sparking a brief surge that pushed total value locked to a peak of $33.8 million in December...
VCs Pour $5.1B Into Crypto Firms While Bitcoin’s ‘Uptober’ Whiffed
October 2025 saw Bitcoin slip roughly 4% and break the long‑standing “Uptober” rally, yet venture capital poured $5.1 billion into crypto firms – the second‑strongest month since 2022. Three mega‑deals – Intercontinental Exchange’s up‑to‑$2 billion investment in Polymarket, Tempo’s $500 million Series A and...
DOGE Prints Lower-Low Sequence as $0.17 Resistance Locks In
Dogecoin slid 6.7% to $0.1605, breaking the key $0.17 resistance level as large‑holder selling intensified. Trading volume spiked 76% above the weekly average, highlighted by a 59 million DOGE sell‑off that pushed the price to a low of $0.1600. Technical analysis...
Bitcoin Breaches 10/10 Low as It Approaches $100,000
Bitcoin slipped to about $101,000, a 6% drop in 24 hours and 12% weekly, as the broader crypto market fell 6% to $3.44 trillion. Major altcoins such as Ethereum, BNB, Solana and XRP posted double‑digit weekly losses, while spot Bitcoin and...
Nasdaq CEO Adena Friedman Outlines 3 Ways Blockchain Can Fix Finance
Nasdaq chief executive Adena Friedman told a Swell conference that blockchain can reshape finance in three ways – by streamlining fragmented post‑trade settlement, by enabling faster, cross‑border collateral mobility, and by modernizing sluggish payment infrastructure. She warned that large amounts...
Bitcoin Careens Toward $100K as Morning Bounce Fails
Bitcoin slid to $104,608, breaching the $102,000 mark and marking its weakest level since late June, down 4.5% in 24 hours and 11.8% over the past week. Ethereum and other major tokens fell 5‑7% each, while crypto‑related equities such as...
Chainlink Introduces CRE to Fast-Track Institutional Tokenization
Chainlink has launched the Chainlink Runtime Environment (CRE), a software platform that lets institutions write and deploy smart contracts across public and private blockchains with built‑in compliance, privacy and data‑integration tools. The company cites adoption by Swift, Euroclear, UBS and...
LayerEdge Brings Zero-Knowledge Verification to TRON Network with Bitcoin-Anchored Security
LayerEdge announced that its edgenOS platform will generate zero‑knowledge proofs of TRON block headers in real time and anchor the aggregated proofs to Bitcoin’s proof‑of‑work chain, creating an immutable verification layer for TRON’s high‑throughput network. The integration adds a verifiable,...
Olas Launches Pearl V1, the First 'AI Agent App Store'
Olas unveiled Pearl v1, the first decentralized “AI agent app store,” allowing users to own and control autonomous AI agents with on‑chain transparency while using familiar Web2 logins and card funding. The platform blends Web2 ease of access with Web3...
HBAR Drops 4.2% to $0.173 as ETF Buzz Fades on Technical Selling
HBAR slipped 4.2% to $0.173, breaking the $0.1740 support level as volume surged 28.7% above its weekly average. The sell‑off created a classic downtrend pattern with lower highs and lower lows, while resistance held around $0.1783. The price move came...
Toncoin Falls Below $2 as Broader Market Conditions Weigh on Price
Toncoin (TON) slipped below $2, trading at $1.96 after a 5.5% drop in the past 24 hours, driven by an 89% surge in volume and more than $1.4 billion of long‑position liquidations across the crypto market. The sell‑off pushed TON through...
Stellar’s XLM Slides 7.7% as Key Support Break Sparks Heavy Sell-Off
Stellar’s XLM tumbled 7.7% in 24 hours, sliding from $0.2945 to $0.2728 after breaching the critical $0.2800 support level on Nov 3. The breakdown sparked a volume surge of 483%—about 262.9 million tokens—while resistance at $0.2857 held firm and new support around $0.2720‑$0.2740...
U.S. Sanctions North Korean Bankers Over Crypto Laundering Tied to Cyberattacks
The U.S. Treasury’s Office of Foreign Assets Control sanctioned eight North Korean individuals and two entities on Tuesday for laundering cryptocurrency proceeds from ransomware, crypto thefts and fraudulent IT‑worker schemes that fund Pyongyang’s weapons programs. The designations include bankers Jang...
ZKsync Proposes Utility and Revenue Focused Tokenomics Shift
ZKsync announced a revised tokenomics plan that would convert its ZK token from a pure governance role into a utility token whose value is derived from on‑chain interoperability fees and off‑chain enterprise licensing revenue. The proposal, the first phase of...
Why Bitcoin ETFs Started to Bleed Out as Four-Day Outflows Hit $1.34B
Spot Bitcoin ETFs recorded a net outflow of $1.34 billion over four trading days ending Nov. 3, driven primarily by a $186.5 million redemption from iShares Bitcoin Trust (IBIT). Other major funds, such as Grayscale Bitcoin Trust, posted flat or modest inflows, highlighting...
Bitcoin Treasury Firm Bubble Comes Full Circle as Sequans Unloads BTC to Cut Debt
Sequans (SQNS) sold 970 Bitcoin at $104,608.94 each to redeem half of its July 2025 convertible debt, slashing total liabilities from $189 million to $94.5 million and cutting its debt‑to‑net‑asset‑value ratio from 55% to 39%. The sale leaves the Paris‑based firm with 2,264 BTC,...