🚨 Hyperliquid Strategies Inc. files S-1 with SEC to raise up to $1B through a 160M share offering, with part of proceeds to be used for potential $HYPE token purchases.
⚡️ VanEck says October's pullback for Bitcoin is a mid-cycle reset, not a bear market.
🇺🇸 ETF FLOWS: Around $101.4M worth of $BTC and $18.9M worth of $ETH were sold on Oct. 22.
🚨 Polymarket eyes between $12 billion to $15 billion valuation in new funding talks, up from $1 billion just 4 months ago, Bloomberg reports.
🔥 Stablecoins processed $46T in transactions over the past year, nearly 3x Visa's volume and closing in on the ACH network that powers US banking.
⚡️ Standard Chartered predicts Bitcoin dip below $100K this weekend, but could be brief, possibly the last time $BTC trades sub-$100K, signaling a buying opportunity.
🔥 US crypto activity surged 50% in the first 6 months of 2025, per TRM.
⚡️ Bitcoin miner debt jumps 500% to $12.7B as firms invest heavily in new equipment and AI infrastructure.
🔥 Peter Schiff challenges CZ to a debate on Bitcoin vs. tokenized gold and which better fulfills the functions of money.
🚨 Trump has reportedly pardoned Binance founder Changpeng Zhao.
⚡️ Trust Wallet launches Perps, offering access to 100+ markets with up to 100x leverage, powered by Aster DEX.
🇺🇸 US mortgage rates drop to 6.19%, the lowest level of 2025.
🔥 Coinbase CEO Brian Armstrong says the crypto market structure bill is 90% complete, but the final 10% could redefine how DeFi is regulated.
🇺🇸 Coinbase, Ripple, Tether and the Winklevoss twins are among crypto industry donors for President Trump's White House ballroom.
According to PANews and Coingecko, USDT’s market value has surged past $180 billion, up $3B in a week, setting a new all-time high for the world’s largest stablecoin. 🌍💚
🍔 Steak ’n Shake & Crypto Update: • 📰 According to PANews, the fast-food chain dropped plans to accept Ethereum (ETH). • ⚡ Move came after strong backlash from the Bitcoin community. • ⏱️ The company halted voting within hours of launching it. • 🟧 Official statement: “We stand with Bitcoin supporters.” • 💬 Clear message — Steak ’n Shake chooses Bitcoin over Ethereum.
1/10 Friday’s brutal #crypto crash looked scary — some coins dropped 95% in hours. But analysts at The Kobeissi Letter say this was technical, not fundamental. 👇
2/10The crash was triggered by too much leverage + President Trump’s new tariff news on China. A perfect storm that hit markets when liquidity was thin. 🌪️
3/10Data shows $16.7B in longs wiped out vs $2.5B in shorts — a 7:1 ratio! 💣 That’s the biggest leverage flush since the FTX and LUNA collapses.
4/10 Timing made it worse — Trump’s announcement came around 5 p.m. ET Friday, when volume is low. Thin markets turned normal moves into wild swings. ⚡️
5/10 The destruction was historic: 💥 $20B liquidated 📉 1.6M traders wiped out in 24 hrs This topped FTX and Terra/LUNA levels of pain.
6/10 The Total3 Index (excluding $BTC & $ETH) dropped from $1.15T → $766B in one day. The speed of the drop caught even pros off guard. ⚠️
7/10 Swan Bitcoin CEO Cory Klippsten says:
“We’ll see more short-term volatility, but this washout is healthy.” Overleveraged traders got cleared out — setting up the next leg up. 🚀
8/10 The Kobeissi Letter calls the selloff purely technical and expects a trade deal eventually, keeping crypto strong long-term. 💪
9/10 Some analysts warn $20B may be understated — real losses (including unreported ones) could be far higher. 🧮
10/10 Bottom Line: Yes, the crash was brutal. But fundamentals remain solid — this was a leverage reset, not a breakdown. 📈 The market always bounces back stronger.
🔥 BULLISH ALERT: MARA just added 400 $BTC ($46M) to their stash! 💎 🏦 Total holdings = 53,250 $BTC (~$6B) 🚀 Big players loading up before the next leg up!
🔥 TODAY: BlackRock CEO Larry Fink says, “There is a role for crypto in the same way there is a role for gold, it's an alternative,” in a 60 Minutes interview.