Bitcoin Price Drop Leads to $250M Bullish Liquidations; Crypto Sentiment Indicator Signals Top
A tracker for market sentiment reached “extreme greed” levels on Thursday, which has historically preceded market corrections.Source
SEC Goes After Another Crypto Firm, Slaps Immutable With Wells Notice
Web3 gaming firm Immutable has been issued a Wells notice by the U.S. Securities and Exchange Commission, the company said in a statement on Friday.Source
Florida CFO Jimmy Patronis ‘Would Not Be Shocked’ to See State’s $800M Crypto Portfolio Grow Under a Trump Presidency: CNBC
Patronis hit out at crypto skeptics during a CNBC interview on Thursday, saying that those not paying attention to crypto were making a “mistake” and suggesting that Miami could become the “crypto capital of the world”.Source
Justin Sun Wants More TradFi on Tron, Dogs Over Cats for Memecoins
CoinDesk had 20 minutes in person with the Tron founder on the sidelines of Chainlink’s Smartcon at Hong Kong Fintech Week. We covered a lot.Source
Tether Reports $2.5B Profit in Q3, Holds Over $100B of U.S. Treasuries
The company’s flagship stablecoin USDT is the third-largest cryptocurrency with a $120 billion market capitalization.Source
Crypto Slumps Alongside Trump’s Victory Odds on Polymarket as Uncertainty and Profit-Taking Rise
The final stretch of the U.S. presidential election is keeping traders on their toes, with BTC and Trump Polymarket odds taking a small hit.Source
Michael Saylor Conjures Stock Market Magic With Giant Plan to Buy More Bitcoin
Michael Saylor’s MicroStrategy tops Coinbase as the biggest crypto stock after revealing huge plan to buy more bitcoin (BTC).Source
Trump’s Crypto Business Slashes Fundraise Goal by 90% After Lackluster Sales
Donald Trump may not see a quick payday from his crypto business World Liberty Financial after initial WLFI token sales flopped.Source
Ether Tumbles 5.8%, Leading Large Crypto Losses, With Bitcoin Sliding Below $71K
Crypto-linked stocks such as MicroStrategy, Coinbase, Robinhood and bitcoin miners MARA, RIOT also suffered sizable declines.Source