BitMine’s portfolio has fallen from $15 billion to $7.7 billion as Ethereum trades near $1,950, well below the firm’s $3,850 average entry. Technical signals and key stock levels point to continued pressure on BMNR.
China's tax authority and financial regulators are pushing banks to integrate blockchain into lending and tax data infrastructure, aiming to make tax data tamper-proof and real-time, speeding up credit assessments, especially for SMEs. It aligns with China's digital finance strategy including digital yuan.
Cardano's DRep system has rejected three treasury proposals from founding entities in 2026, with the latest IO research bid facing 86.72% opposition. Hoskinson publicly warns of layoffs and a loss of the 'science coin' identity.
TD Securities says perpetual futures are expanding beyond crypto, with Hyperliquid emerging as an early venue for price discovery in oil and pre-IPO markets before traditional exchanges reopen.
BitMEX's report reveals that the Oct. 10 crypto crash triggered $20 billion in liquidations, and auto-deleveraging forced market makers' hedge positions to close, leaving them with unhedged spot holdings and causing the worst liquidity since 2022.
Crypto market rally extends: Bitcoin holds $66K, XRP jumps 4.1% to $1.23, Solana gains 4%, Hyperliquid surges 10.4%. Small-cap tokens like Block Street soar 75.6%. TRX and DOGE see slight losses.
SIFMA and SIFMA AMG asked US regulators to clarify AML, sanctions, and Travel Rule obligations for payment stablecoin issuers under the GENIUS Act, with secondary-market control emerging as the main compliance fault line.
MiCA has redrawn Europe’s stablecoin market. Circle’s USDC and EURC meet the new rules, while Tether did not seek the required license, leaving about $185 billion in USDT unavailable on regulated European platforms.
