Author: admin

In brief Bitcoin-backed loans let holders pledge BTC as collateral to borrow dollars or stablecoins, keeping exposure to Bitcoin’s price and often avoiding a taxable sale. Loan-to-value ratios typically run from about 30% to 70%, and borrowers face margin calls or liquidation if Bitcoin’s price falls sharply. The market has matured since the 2022 lender collapses, with an investment-grade securitization and big banks joining in, though published rates still run from about 5.8% to 14%. Most long-term Bitcoin holders know this problem. You need cash for a house deposit, a business or a tax bill, but selling BTC means giving…

Morning Minute is a daily newsletter written by Tyler Warner. The analysis and opinions expressed are his own and do not necessarily reflect those of Decrypt. And check out our daily news show ‘FOMO HOUR’ covering all of the top stories and market action.GM!Today’s top news: Crypto majors are green up led by ZEC +13%; BTC at $83.5k Staked ETH hits ATH at 35.9% after 6 straight quarters of growth Seven more major companies object to tokenized stock trading Collector Crypt smashes records in packs, revenue & daily users after Pump integration Pump signs Kimchi and introduces new ad campaign; Kimchi coin runs to…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure TL;DR: DefiLlama’s chain-revenue figures put Tron at roughly $23.4 million over 30 days, ahead of Ethereum and Solana combined on that specific measure. A look at blockchain fee revenue offers a different picture of the market from token prices and headline transaction counts. In DefiLlama’s latest 30-day chain figures, Tron recorded approximately $23.4 million, compared with around $6.3 million for Ethereum and $3.4 million for Solana in the same category. That is a substantial gap, but the category needs explaining. The dashboard’s figures reflect its defined chain-revenue…

In brief Bitcoin trades just below $83,000, above both the short-term and long-term moving price averages. Momentum is neutral, with room to run in either direction. Here’s how the next price move could break, and why. Crypto markets rebounded on Tuesday with a near 2% jump across the board, rising to $2.8 trillion total market capitalization, and Bitcoin once again testing key levels.For traders and investors plotting their next moves, here’s what to watch:Myriad: How high will Bitcoin go? Click to make your prediction.The Crypto Fear & Greed Index, a 0-to-100 gauge of market mood, reads 51, a neutral reading…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure TL;DR: On-chain trading records indicate that a large Hyperliquid trader rebuilt an Ethereum short worth roughly $16 million after suffering around $469,000 in losses. Losing nearly half a million dollars on a leveraged Ethereum trade would be enough to make most investors reassess their position. One account tracked on Hyperliquid appears to have done the opposite. A review of public trading activity reported on October 19 describes a series of forced closures after an overnight ETH rebound. The trader reportedly realised approximately $469,000 in losses before fees,…

In brief U.S. spot Bitcoin ETFs drew $526.7 million on Oct. 19, the largest single-day inflow since the $714.7 million of Sept. 22. BlackRock’s IBIT took in $665.2 million while Fidelity’s FBTC lost $83.6 million and Grayscale’s GBTC lost $54.9 million, trimming October’s net outflows to roughly $88 million from about $615 million. Ethereum ETFs lost $103 million and Solana ETFs $6.7 million the same day, per SoSoValue, as the 10-year Treasury yield held above 5%. U.S. spot Bitcoin ETFs took in $526.7 million on Monday, their biggest single day since Sept. 22, according to Decrypt’s ETF tracker. The last…

In brief Wallets tied to the April 1 Drift exploit deposited 25,700 Ethereum, worth about $61.56 million, into Tornado Cash over two hours on Tuesday. Arkham data shows the exploiter’s 71 tracked addresses still hold 81,454 ETH, worth roughly $198 million, after a first 23,095 ETH round in July. Drift’s DFX recovery pool held about 3.1 million USDT when claims opened Oct. 1, paying early redeemers roughly a penny per dollar lost. Wallets tied to April’s $295 million Drift Protocol exploit pushed 25,700 Ethereum, worth about $61.56 million, into the crypto mixer Tornado Cash over roughly two hours on Tuesday.…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure TL;DR: Sophon has warned users to withdraw remaining assets by November 25 ahead of the planned shutdown of its standalone chain at the end of the month. The end of a blockchain isn’t always announced with a hack or a dramatic market collapse. Sometimes it arrives as a deadline: move your tokens, claim your rewards and make sure nothing important is still sitting on infrastructure that is about to disappear. Sophon has set November 25 as the withdrawal deadline for assets on its network, ahead of a…