The main impact of the price decline is slowing Strategy's ability to buy more bitcoin without diluting shareholders, as its stock now trades at a discount to its bitcoin holdings.
A severe winter storm has forced US miners to curtail operations, dragging bitcoinβs hashrate, output and miner margins to their weakest levels in months.
Long-term bitcoin holders are selling at the fastest pace since August, while some industry observers suggest the market may be approaching a bear-market bottom.
Tokenized stocks grew nearly 3,000% in 2025 as new SEC rules and a DTCC pilot pushed the asset class toward the $1 billion milestone, led by Ondo and Securitize.
Ether, solana and XRP led losses across crypto as a wave of long liquidations swept futures markets, showing stress spreading beyond bitcoin during weekend trading.
Social chatter around bitcoin has turned sharply negative after the token slid to its lowest level since Nov. 21, a setup Santiment says often appears near capitulation, even if near term trading stays messy.
Bitcoin slid under $78,000 on Saturday as thin weekend liquidity magnified selling pressure, with traders pointing to Middle East tensions, U.S. political risk and lingering crypto-specific uncertainty.
The exchanges were accused of facilitating transactions for the Islamic Revolutionary Guard Corps and are linked to an Iranian businessman convicted of embezzlement.
NYSE and Nasdaq introducing 24/7 trading with tokenized stock would be a "godsend," solving thin weekend liquidity, Ondo Finance President Ian de Bode told CoinDesk in an interview.
Months after Oct. 10βs flash crash and liquidation cascade, a fresh spat has opened between exchange executives and market watchers over whether a leveraged yield loop, thin liquidity, or busted market plumbing did the real damage.
Binance says October 10βs crypto flash crash was driven by a macro risk-off shock, cascading liquidations, and thin liquidity, while acknowledging two platform-specific issues that occurred after most losses had already been incurred.
Tokenized silver futures recorded the largest liquidations across crypto markets over the past 24 hours, overtaking bitcoin and ether as a sharp pullback in metals collided with leverage-heavy trading on crypto venues.
The U.S. government is likely to shut down Saturday morning until the House votes on a funding package, raising the importance of specificity in prediction market bets.
The stablecoin giant saw sharp growth in its USDT token's supply, and was one of the world's largest U.S. government debt holder with $141 billion Treasury exposure.