Crypto Treasury Firms Aiding Market Downturn, Professor Says

Conversations about Bitcoin’s price drop should include the impact of crypto treasury companies, which have contributed to the decline, argues Omid Malekan, a blockchain author and adjunct professor at Columbia Business School. “Any analysis of why crypto prices continue to fall needs to include DATs [digital asset treasuries],” Malekan said in an X post on…

White House Defends Trump’s Pardon of Binance founder CZ

The White House carefully considered Binance founder Changpeng Zhao’s pardon and went through the standard processes before sending it to President Donald Trump for his approval, says White House press secretary Karoline Leavitt. Trump defended the pardon in an interview with CBS News’ 60 Minutes on Sunday, saying he had “no idea” who Zhao is…

Bitcoin Loses $100K As Selling, Liquidations Hit New Highs

Key points:  Bitcoin falls to four-month lows below $100,000 as sellers capitulate and spot BTC ETF outflows increase.  Traders pinpoint the $88,000 to $95,000 range as a potential bottom. Bitcoin (BTC) selling intensified on Tuesday as BTC abruptly fell to four-month lows of $100,800. While analysts across the space appear to be scratching their heads…

ZKsync Creator Pitches Governance Token Redesign

The co-creator of the Ethereum-scaling solution ZKsync has proposed a major overhaul of its governance token, arguing it should prioritize “economic utility.” In a post on Tuesday to the ZKsync forum, Alex Gluchowski argued that while its ZKsync (ZK) governance token was effective in the project’s early stages as the “architecture and adoption path were…

Saylor’s Strategy Won’t Face Liquidation In Next Bear Market

Michael Saylor’s Strategy (MSTR) won’t have to sell off part of its Bitcoin stash to cover its debt in the next significant crypto market downturn, according to Bitcoin analyst Willy Woo. “MSTR liquidation in the next bear market? I doubt it,” Willy Woo said in an X post on Wednesday. Strategy’s debt consists mainly of…

India Recognizes XRP as Property — A Turning Point for Crypto Investors

WazirX hack fallout: User challenges $9,400 XRP account freeze The case began when Rhutikumari, an XRP (XRP) holder, filed a petition against WazirX after the exchange froze her account containing 3,532.30 XRP worth approximately $9,400. The dispute stemmed from WazirX’s response to a July 2024 hack that led to the theft of about $235 million…

ChatGPT Last In Crypto Trading Race, Qwen3 Wins With 20x Bitcoin Long

Two Chinese artificial intelligence chatbots outperformed some of the world’s most advanced models, including OpenAI’s ChatGPT, in an autonomous cryptocurrency trading competition that ended Tuesday. Budget AI models QWEN3 MAX and DeepSeek finished first and second in the trading challenge, outpacing higher-profile and more expensive competitors. QWEN3 was the only AI chatbot to generate positive…

Coinbase Exec Criticizes Banks’ Pushback to Crypto Charter Application

The Independent Community Bankers of America (ICBA) is coming out against cryptocurrency exchange Coinbase’s application for a National Trust Company Charter in the US — a move that could threaten banks’ interests as the company moves closer to traditional finance. In a Monday letter to the US Office of the Comptroller of the Currency (OCC)…

Solana ETFs Soar As SOL Slips Below Key Price Level

Key takeaways: The spot Solana ETFs start strong by drawing over $400 million in weekly inflows. SOL broke its 211-day uptrend, slipping below key moving averages. Failure to hold $155 could send SOL price into the $120–$100 range. Spot Solana (SOL) exchange-traded funds (ETFs) start their trading journey with strength, posting record positive inflows that…

20% Freefall in Two Days Amid $1B Liquidation Cascade

Ethereum’s ether ETH$3,268.65 just tumbled more than 20% by Tuesday in a two-day rout that almost look like the October 10 crash. Trading just below $4,000 early Monday, the second-largest cryptocurrency by market cap tumbled to nearly $3,000 by Tuesday afternoon U.S. hours, touching its weakest level since mid-July. That’s the second severe correction in…