Jiang Zhuoer, CEO of China's BTC.TOP mining pool, stated that Strategy can survive a bitcoin price drop to $30,000 without needing to sell its bitcoin holdings. He argued that speculation about Strategy selling 45,000 BTC to meet obligations is overblown, noting the Fidelity wallet involved also holds assets for ETFs. Strategy's debt is low, about 5% of assets, rising to 10% even if BTC falls to $30,000, allowing it to maintain a net buyer position. Strategy funds dividends by selling older bitcoins but continues buying new ones, supporting its long-term bitcoin accumulation strategy despite market fluctuations.
Ethereum's circulating supply increased by 2,955 ETH in 24 hours while only 13.59 ETH were burned, marking a sharp decline in the burn rate to just 0.46% of new issuance. This shift is due to a significant drop in network fees, which fell 54% in one ...
Zcash (ZEC) experienced a sharp price drop of 2.62% within one hour on October 17, falling from $1,159 to $1,128 on Binance. Over the same hour, liquidations across Binance, Bybit, and OKX totaled $940,000, predominantly from long positions. Despite ...
A single long position worth $2.97 million in Ether (ETH) was liquidated on Binance's perpetual futures market at a price of $2,394 on October 17. This event highlights the risks of leveraged trading in volatile cryptocurrency markets. The liquidatio...
Meta recently updated its commercial terms to allow use of content from business accounts for AI training, raising concerns about web scraping. After backlash and legal scrutiny, Meta clarified the terms only apply to ads and business products and do...
In early November 2026, 1.11 billion KITE tokens, representing 11.1% of total supply and about 43-46% of the circulating supply, will unlock in a single tranche after a one-year lockup. This cliff release could significantly increase market supply an...
