The cryptocurrency market is currently navigating its most severe liquidity stress test since late 2022, with more than $1 trillion of value lost in the past month.
While the headline volatility centers on Bitcoin, the structural damage is permeating deeply into large-cap assets such as XRP and Ethereum.
These parallel breakdowns are not isolated incidents. They represent a synchronized liquidity...
BlackRock registered the iShares Staked Ethereum Trust in Delaware on Nov. 19, opening a path toward the firm’s first staked Ethereum ETF in the US.
The state-level trust registration does not constitute a formal Securities Act of 1933 application. Still, it positions BlackRock to launch a yield-bearing ETH product once the SEC permits staking inside ETF wrappers.
The filing follows a separate...
The United States could generate up to $14 trillion in cumulative value if 1% of federal taxes are paid in Bitcoin over the next two decades, according to new modeling from Bitcoin Policy Institute presented alongside Rep. Warren Davidson’s Bitcoin for America Act.
The bill, introduced on Nov. 20, would allow taxpayers to settle federal liabilities in Bitcoin and direct every incoming coin into...
Bitcoin’s break below $85,000 triggered more than $2 billion in crypto derivatives liquidations within 24 hours as risk assets came under pressure again.
BTC briefly approached $85,000 earlier in the week before bouncing, but momentum for a recovery was minimal as it broke down as low as $81,600 overnight.
Bitcoin liquidations hit $2 billion overnight
CoinGlass data shows more than $2 billion in...
BitMine, once hailed as a potential digital-asset equivalent of Berkshire Hathaway, envisioned itself locking down 5% of all Ethereum’s circulating supply.
Its core strategy was to turn its corporate balance sheet into a long-term, high-conviction bet on the blockchain network’s infrastructure.
Today, that ambitious vision has collided with a brutal market reality. With Ethereum tumbling by over...
Andrew Tate deposited $727,000 into Hyperliquid over the past year, took no withdrawals, and lost the entire stack through a relentless series of leveraged liquidations that culminated on Nov. 18, when his account hit zero.
Per Arkham’s on-chain ledger, even the roughly $75,000 in referral commissions Tate earned from bringing traders onto the platform was traded back into positions and...
An unnamed national bank has asked the Office of the Comptroller of the Currency for permission to hold crypto on its own balance sheet to support blockchain-based services. On Nov. 18, the OCC finally answered.
In Interpretive Letter 1186, the agency confirmed that national banks may hold the native assets needed to pay blockchain “network fees,” clearing the way for regulated institutions to...
The most significant shift in crypto finance this year isn’t a token launch, a price breakout, or a new blockchain upgrade. Instead, it is the quiet return of the public listing for crypto-focused entities.
Kraken’s Nov. 19 confidential filing for a proposed initial public offering marks the latest step in what is rapidly becoming the industry’s largest capital-markets push since the 2021 bull...
When Bitcoin falls, most people see a shrinking number on a screen. The committed bull sees an opportunity to stack more sats for the next run quietly.
Bear markets feel brutal in real time. Timelines fill with capitulation, “Bitcoin is dead” posts resurface, and the same people who were breathless at the top sound bored again.
Yet historically, this is where disciplined bulls have done their...
Democratic Senators Elizabeth Warren and Jack Reed asked the Justice Department and the Treasury Department to investigate World Liberty Financial after a watchdog alleged that WLFI token sales touched wallets tied to North Korea’s Lazarus Group, a Russia-linked ruble token, an Iranian exchange, and prior Tornado Cash users.
The senators’ referral arrived after Accountable US published wallet-...