Bitcoin, XRP Treasuries Bleed as Market Downturn Hits Corporate Holdings
Both Bitcoin, XRP, and altcoin treasury firms, including Evernorth, are recording massive figures in unrealized losses.
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Both Bitcoin, XRP, and altcoin treasury firms, including Evernorth, are recording massive figures in unrealized losses.
Bitcoin clings to the $100K level after six days of ETF outflows end with $240 million in net inflows.
Ark Invest’s Cathie Wood lowered her Bitcoin forecast to $1.2 million per coin by 2030, attributing the adjustment to stablecoins’ rapid expansion in payments and savings.
Bitcoin.com partners with Concordium to offer identity verification and payment services to over 75 million wallet users, using zero-knowledge proofs for privacy.
CryptoQuant has highlighted a 101% increase in Bitcoin accumulation addresses within two months, a sign of rebuilding trust.
Fed rate cuts and a $940B Treasury account fuel bull predictions, while bears cite cycle history pointing to 2026 downturn.
High-leverage trading has cost well-known traders millions of dollars as the crypto market wandered in volatility.
The Tokyo-listed firm executed the loan on Oct. 31 using its 30,823 BTC as collateral, with funds earmarked for acquisitions and buybacks.
A successful Hyperliquid trader opened leveraged positions on ETH, BTC, SOL, and UNI on Nov. 5 while market sentiment hit extreme fear levels.
Analyst Willy Woo stated that Strategy is unlikely to sell its Bitcoin holdings to repay its $1.01 billion debt as MSTR stock faces strong selling pressure.
Another flash crash pushed Bitcoin below $100,000, triggering massive liquidations as investors rushed to sell their assets on Binance.
Peter Schiff claimed that Bitcoin price correction may not be over. Another 10% drop to $90,000 is possible.
Bitcoin tumbled below $100,000 on Tuesday, extending losses to 20% from October highs. Over 339,000 traders were liquidated totaling $1.3 billion across crypto markets.
The Bitcoin miner posted $123.1 million net income and announced a West Texas data campus partnership with MPLX.
A dormant Bitcoin whale reemerged with an $85 million buy as The Smarter Web Company added to its BTC holdings.