Author: admin

In brief Crypto prices plunged last week. Bitcoin miner BitMine Immersion saw this as a buying opportunity and bought over 200,000 ETH. The NYSE-listed firm now holds over $13 billion in crypto. Ethereum treasury BitMine Immersion bought the dip, snapping up 203,826 ETH last week to bring its current holdings to over 3.2 million digital coins—worth more than $13 billion based on early Monday’s price. The NYSE-listed firm said it now holds 3,236,014 ETH bought at an average price of $4,022 per coin. Bitmine stock rose by nearly 9% Monday morning New York time. BitMine Immersion, which has the largest Ethereum treasury…

The Solana network’s economic activity contracted for the second consecutive quarter. Solana witnessed a notable economic slowdown as its active addresses took a plunge of 30% and operational efficiency collapsed by over 40% in the third quarter of the year. But data suggest that the network’s stablecoin activity came to the rescue. Solana’s Network Health Q3 Economic activity on the Solana network declined for the second consecutive quarter, according to The SOL Report Q3 2025 by The DeFi Report. The study revealed a broad contraction in on-chain fundamentals, with Real Economic Value (REV) dropping 18% quarter-over-quarter to $222.7 million…

In brief Evernorth is a new publicly traded digital asset treasury focused on accumulating the Ripple-linked asset, XRP. The firm’s treasury will be built with more than $1 billion in net proceeds, with contributions from Ripple and notable crypto firms. Ripple executives, including CEO Brad Garlinghouse, will act as strategic advisors to the firm. Ripple is getting behind a new publicly traded XRP treasury firm called Evernorth, which aims to raise more than $1 billion and has recruited key Ripple backers to help with its push.Built with contributions from Ripple itself, Ripple co-founder Chris Larsen, and notable crypto firms like…

Aureo, formerly known as Swapido, has raised $1.1 million in pre-seed funding from Early Riders to develop a specialized Bitcoin platform targeting high-net-worth individuals (HNWIs), family offices, and companies in Mexico and Latin America. The funding, announced on October 20, 2025, will support the creation of a white-glove service focused on secure Bitcoin transactions, custody, and advisory for institutional and long-term holders. Aureo positions itself alongside U.S.-based firms like Onramp and River, adapting similar models to regional needs. Launched as Swapido on October 11, 2024, by CEO Gustavo Flores Echaiz, the company initially operated as a web app facilitating Lightning…

Elon Musk caused FLOKI to rally after posting a new video on social media. Demonstrating Grok’s video generation capabilities, Musk employed Floki as an unofficial mascot. Although FLOKI recently rallied after a European ETP listing, the Black Friday crash erased all these gains. The 30% growth after Elon’s post has done a lot to help the token rebound. Elon Causes FLOKI RallyElon Musk has had an explosive impact on the meme coin sector, with his business decisions and social media posts alike spurring huge token movements. Sponsored SponsoredToday has been no different, as Elon posted a new video starring Floki…

Bitcoin is staging a modest rebound after several days of intense selling pressure and fear across the market. The leading cryptocurrency has struggled to establish stable support, with volatile swings making it difficult for traders to navigate. Despite the uncertainty, some market participants continue to move strategically — and one of the most well-known whales has just made a big return. Related Reading The trader known as BitcoinOG (1011short) — who gained fame for earning over $197 million during last week’s flash crash — is back in action. On-chain data shows that he has deposited $30 million in USDC to…

NYDIG is calling time on what it says is one of crypto’s most persistent myths: that stablecoins are pegged to the U.S. dollar.In a post-mortem on last week’s $500 billion crypto market sell-off, the bitcoin-focused financial services firm’s Global Head of Research Greg Cipolaro pointed to the instability of supposedly stable assets like USDC, USDT and Ethena’s USDe, which dropped as low as $0.65 on Binance.The price swings revealed that these tokens don’t operate on fixed pegs, but rather that they float based on market supply and demand.“Stablecoins are not pegged to $1.00. Period,” NYDIG’s Cipolaro wrote in a research…

Crypto’s year-end setup still skews positive, according to Coinbase Institutional’s fourth-quarter 2025 “Charting Crypto: Navigating Uncertainty” report produced in collaboration with Glassnode.The team characterizes its stance as cautious but biased higher after the Oct. 10 shakeout. Coinbase links the slide to heavy leverage meeting thin order books, then worsening when some exchanges’ auto-deleveraging capped market-maker shorts and drained liquidity. The firm says prices stabilized into the weekend, but the tape stayed tentative as macro jitters resurfaced.Liquidity and macro sit at the center of Coinbase’s outlook. The firm’s Global M2 Money Supply Index — which Coinbase says has historically tracked bitcoin…

The price of Ethereum appears to be recovering nicely over the weekend after a period of investor uncertainty. The “king of altcoins”, following what looked like an aggressive return above the $4,200 level earlier this week, is now lagging under the psychological $4,000 mark. While the Ethereum price has been building some positive momentum over the past day, the shadows of the October 10 downturn still seem to be weighing on investor sentiment. A market phenomenon known as the “Kimchi Premium” suggests a few tedious weeks ahead for the second-largest cryptocurrency. What Happened Last Time Kimchi Premium Saw A Similar…

Ethereum ETH$3,894.35 emerged as the frontrunner in crypto’s third-quarter recovery, leaving bitcoin BTC$106,931.06 behind as capital flowed into altcoins, DeFi protocols, and a new wave of tokenized assets, a report by CoinCecko found.The broader market added over half a trillion dollars in value, its second straight quarter of meaningful growth, but this time, it wasn’t bitcoin leading the charge. Instead, investors looked to ethereum ETH$3,894.35 and other large-cap tokens to carry momentum forward, a report by CoinCecko found.At the start of July, it looked like bitcoin would again set the pace. Its price hit new highs early in the quarter,…