๐ง #BTC S&P assigned Strategy a B-minus rating, categorizing the company as a high-risk cryptocurrency-related issuer subject to liquidity shocks and market volatility.
S&P said the company's structure creates an internal currency mismatch: most assets are held in BTC, while debt and dividend obligations are denominated in $.
S&P said the company's structure creates an internal currency mismatch: most assets are held in BTC, while debt and dividend obligations are denominated in $.
๐๐ #EIGEN Sentora: Restaking protocols collectively hold about $26.27B in TVL, up ~3.3% over the past week. Despite numerous newer protocols offering โrestaking-likeโ solutions, the market remains EigenLayer-dominant, with ~66% of all restaking TVL.
๐ฎ๐ณ๐จโโ๏ธ #XRP Indiaโs Madras High Court ruled crypto is โpropertyโ as it ordered WazirX to post an $11.8K guarantee over a userโs XRP lost in the 2024 $235M hack. cointelegraph
๐ #ETH The Ethereum ecosystem (incl. L2s) commands ~90% market share in active loans.
The market share for the Ethereum ecosystem reached its lowest point in June 2022 at ~52%.
The market share for the Ethereum ecosystem reached its lowest point in June 2022 at ~52%.
๐ Swissblock: #BTC has regained the holdersโ cost-basis zone, with spot demand still stable and bullish โ yet momentum hasnโt ignited. Bitcoin is sitting on a launch base, but lift-off isnโt confirmed.
๐บ๐ธ Congressman Ro Khanna, a Democratic representative from California, will introduce a bill to prohibit the President and elected officials from owning or creating cryptocurrencies.
๐ค Lighter: yesterday there was an anomaly on the #HYPE market due to a bot with high volume. No liquidations or other negative effects were observed. Wick was causing problems with chart scaling, so it was removed.
๐ค #BTC F2Pool co-founder: BIP-444 is a bad idea (intended to undo the recent update to the OP_RETURN function). Not going to do a soft fork. Whether it's temporary or not. It's a shame that some developers are moving further and further in the wrong direction.
๐ค #AI Musk launches Grokipedia, an encyclopedia that is positioned to be an AI-powered analog to Wikipedia. cointelegraph
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๐ธ #BTC Over the last 24 hours, ~$326 million worth of contracts have been liquidated, of which longs have liquidated ~$218 million and shorts ~$108 million.
๐ #MEGA Participants in MegaETH ICO exceeded the raise limit by 8.9x, totaling $450 million. cointelegraph