Crypto-focused treasury companies are facing renewed strain as the latest market downturn erodes asset values and erases equity cushions that once appeared durable. In a November 7 post on X, crypto analysis platform CryptoQuant reported that falling token prices have narrowed financial buffers across the sector. That contraction has weakened company valuations, pushing several treasuries
Short-seller James Chanos has closed his short position against Strategy after the firm’s premium over its bitcoin holdings shrank, validating his bearish thesis. James Chanos Takes Profit on Strategy Short After Price Compression James Chanos, founder of Kynikos Associates and one of Wall Street’s most recognizable skeptics, has long criticized Strategy for what he calls
The Director of the Financial Services and the Treasury Bureau, Xu Zhengyu, believes that AI, blockchain and tokenization are the future of Hong Kong’s fintech industry, as the Chinese special administrative region (SAR) celebrates a decade of steady growth in its FinTech ecosystem. The Director of the Financial Services and the Treasury Bureau, Xu Zhengyu,
Michael Burry, the investor (of “The Big Short” fame) who correctly predicted the 2008 housing crisis, disclosed a $1.1 billion short position against Nvidia and Palantir Technologies through put options on Monday, triggering an immediate sell-off across tech markets this week. Palantir dropped as much as 16% on Tuesday before closing down approximately 8%. The
While Bitcoin and Ethereum funds shed assets, Bitwise’s fledgling Solana ETF racked up more than $126 million in net inflows in its first full week of trading, an auspicious sign for the SOL-tracking product and potentially for other altcoin funds. The Bitwise Solana Staking ETF (BSOL) has generated more than $545 million in net inflows
Despite a worrying dip on Friday, Bitcoin has survived the $100,000 crash test. Now, attention turns to Washington. The longest US government shutdown in history has drained liquidity from financial markets — and by extension, from crypto. Analysts argue that when the fiscal gridlock ends, the same mechanism that pulled liquidity out will push it
In the last week, Bitcoin’s correction took another drastic turn as prices retested the psychological $100,000 price zone, triggering heavy waves of liquidation. Although the premier cryptocurrency witnessed some rebound after, the current market price remains 19.02% away from the all-time high at $126,198. In the hope of a sustained recovery, a popular analyst with
Binance founder Changpeng Zhao (CZ) has once againsparked discussion on X over the debate between gold and Bitcoin, taking a dig at critic Peter Schiff. Known for his sharp remarks, CZ pointed out one of gold’s key limitations compared to digital assets: its verifiability. CZ Sparks the Fort Knox Discussion This comes amid the growing
Polymarket and similar prediction markets brought gambling to non-sports spaces. The “degen” culture of decentralized finance has made some of the bets look really ridiculous. What are the five most absurd bets on Polymarket in 2025? Summary On Polymarket, people bet on everything: from election winners to the weather in London on a particular date.
Crypto treasury firms holding Bitcoin, Ethereum, and XRP are recording steep unrealized losses following the latest market downturn. The correction has erased billions from balance sheets of companies that invested heavily in digital assets, exposing the volatility risks of holding crypto as a treasury reserve. Throughout October, market valuations fell sharply, triggering renewed caution among