The Business & Technology Network
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Sequans Communications, a fabless semiconductor company that adopted Bitcoin (BTC) as a reserve asset, has sold 30% of its holdings to reduce convertible debt. This marks the first instance of a BTC digital asset treasury (DAT) firm selling its holdings. The move has sparked greater scrutiny of digial asset treasury strategies. Sequans Communications Sells Bitcoin Holdings to Cut Debt...
Ethereum came dangerously close to breaching the $3,000 mark, briefly dipping to $3,053 before bouncing back. The fall rattled the market, triggering liquidations and panic selling. But after weeks of steady decline, early signs of a rebound are finally starting to appear. Despite being down 27% in the past month and 8.4% in the last 24 hours, both technical and on-chain data now hint that...
Coinbase and Paradigm leaders have accused powerful US banking groups of trying to block innovation in crypto and stablecoins through “protectionist” policies. The clash reflects deep divisions between traditional finance (TradFi) and digital asset firms, which seek regulatory clarity. Coinbase Accuses Bank Lobby of “Protectionism” The Coinbase exchange’s Chief Legal Officer, Paul Grewal...
The cryptocurrency market has lost more than $1 trillion in value since October 6, effectively erasing all the gains accumulated throughout 2025. Amid this sharp correction, investors face a pivotal decision: whether to hold their positions and wait for a potential recovery or exit the potential crypto bear market to preserve capital. Crypto Market Wipes Out 2025 Gains The past month...
The cryptocurrency market is facing a sharp downturn as major assets continue to tumble. However, Jelly-My-Jelly (JELLYJELLY), a Solana-based meme coin, has bucked the trend, soaring to a new all-time high. The record-breaking rally has drawn suspicion from blockchain analytics platform Bubblemaps, which raised concerns about coordinated trading and possible market manipulation. JELLYJELLY...
Pi Coin has struggled to maintain its late-October recovery momentum, with the altcoin facing renewed selling pressure this week. The ongoing decline has erased a significant portion of recent gains as market uncertainty combines with investor hesitation. Both external market conditions and internal investor sentiment appear to be driving this downward trajectory. Pi Coin Outflows Rise...
Long-term Bitcoin holders have liquidated $41.6 billion in assets amid a sharp decline that pushed the cryptocurrency below $100,000 for the first time since June. Miners are reporting record-low profitability while AI-trade correlation concerns add to market uncertainty. Bitcoin Decline Accelerates as Long-Term Holders Exit Positions Bitcoin’s recent price action has triggered...
Franklin Templeton and Grayscale Investments have submitted amended filings to the US Securities and Exchange Commission for their proposed XRP exchange-traded funds. Franklin Templeton removed regulatory language that could delay approval, signaling readiness for a potential launch this month. Meanwhile, Grayscale filed its second amendment, designating key executives and legal counsel....
Bitcoin briefly slipped below the $100,000 mark a few hours back, shaking market confidence and sparking fresh volatility. As traders assess the next move, attention is turning to the altcoins that could crash if Bitcoin falls further, given their tight price link with BTC. With Bitcoin’s dominance climbing again, several highly correlated tokens are already flashing signs of weakness. These...
Market maker DWF Labs allegedly lost more than $44 million in a 2022 cyberattack attributed to the North Korea-linked AppleJeus group. The revelation comes amid an ongoing wave of state-sponsored attacks targeting the crypto industry, with North Korean hacking groups striking multiple platforms over recent years. This highlights the sector’s ongoing vulnerability to sophisticated...