After last week’s news that leftover funds from The DAO would go to Ethereum security, a further 50 ETH has been rescued. Source link
Carl Nash
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Despite Donald Trump’s embrace of BTC and cryptocurrency, it’s given up all of its gains since his election. Source link
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In the midst of the latest crypto crash, Binance is denying rumors that it’s sending legal letters to silence critics. Source link
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Coinbase
David Sacks promised ‘market structure bill in 100 days’ a year ago
by Carl Nashby Carl NashOne year ago, David Sacks, along with Republican congressmen, said that a market structure bill would pass in 100 days; it has yet to pass. Source link
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BitMine’s ETH holdings surpassed an unrealized loss of over $8B today despite spending $16B on the cryptocurrency. Source link
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Altcoins
$704,000,000 in Bitcoin and Crypto Liquidated As BTC Price Plunges To $74,600
by Carl Nashby Carl NashTraders using leverage to bet on a Bitcoin and crypto price rebound are getting wrecked. In the last 24 hours, $704 million in leveraged crypto bets have been …
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In 2000, Strategy co-founder Michael Saylor lost $6B in one day. He lost even more yesterday, for shareholders of that same company. Source link
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Altcoins
Institutional Investors Sell $1,700,000,000 in Bitcoin and Crypto Assets in One Week: CoinShares
by Carl Nashby Carl NashInstitutional investors just sold an overall total of $1.7 billion in Bitcoin and crypto assets in only one week, according to a new update from Coinshares. The outflows …
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Binance continues to suffer scrutiny and a deteriorating social media profile after a massive crypto liquidation on October 10. Source link
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Altcoins
Decentralized Exchange Hyperliquid (HYPE) Defies Crypto Downturn, Skyrockets 40% in One Week
by Carl Nashby Carl NashWhile the vast majority of the crypto sector plunged in value over the weekend, one top-20 altcoin resisted the bleeding and witnessed massive gains. HYPE, the native asset …
