Bitcoin Drawdown at 49% Trails Historical 70–90% Cycle Lows
Galaxy Research frames the current 49% drawdown from Bitcoin's cycle high as mild by historical standards, where prior cycles bled 70% to 90% before bottoming.
Major crypto ecosystems — Bitcoin, Ethereum, Solana, BNB, and other emerging networks.
Galaxy Research frames the current 49% drawdown from Bitcoin's cycle high as mild by historical standards, where prior cycles bled 70% to 90% before bottoming.
Roughly 54 roles are going as the Foundation reorganizes around the Mandate and a new Treasury Management Policy, signaling a narrower execution focus at the top of Ethereum's core org.
A 40% spending cut this year is the number, but the real signal is Vitalik framing the EF as a 5%-spend endowment by 2030 while nine senior figures have walked out since January.
Ripple's RLUSD becomes one of the first major US dollar stablecoins cleared for EU distribution under MiCA, just as the bloc forces Tether's $175B USDT off licensed venues and hands share to USDC and…
The layoff lands as EF consolidates from a sprawling org into five clusters tied to its mandate. Departing staff get a severance floor at one month per year, plus transition grants.
The 54-person reduction lands alongside nine senior departures in six months and a separate institutional push led by SharpLink, BitMine, and Joseph Lubin, exposing fault lines inside the ecosystem's…
The Foundation is collapsing its old pods into five protocol-facing clusters plus an ops arm, a structural reset that lands as ETH trades under macro and competitive pressure.
A brand-new address sweeping nine figures of BTC out of an exchange is the kind of flow that turns into a post-mortem chart a week later: either an OTC desk cold-stacking, or a buyer who didn't want…
The BTC reserve is intact and unencumbered, so there is no forced sale. The strain is structural: a $1.7B annual dividend, a 2027–2028 put wall, and an ATM that stopped working.
The 200WMA at $62,400 is the line everyone watches, but every prior cycle bottom formed just under realized price, and whale cohort cost basis sits in the $49K to $54K band.
STRC fell as low as $82.53 against a $100 target and an 11.5% dividend, but the bond-to-UST framing ignores that the instrument is preferred equity, not a stablecoin, and has no peg to break.
The new lab frames itself around the settlement-layer thesis and is taking on protocol R&D that has historically sat with the Ethereum Foundation and a handful of client teams.
The protocol is back online with every Asgard vault and keyshare re-verified, and native Monero swaps now in test as the next feature on the roadmap.
Preliminary MiCA-aligned CASP approval in Luxembourg gives Ripple Payments a regulated on-ramp across the European Economic Area, the most concrete EEA footprint XRP has carried since the framework…
Tron's daily active count now sits 40-60% above its major L1 peers, a usage gap that has held for months as USDT settlement and DeFi flows concentrate on the network.
Positioning on the venue has skewed progressively more bullish while price sits well below highs, a setup Glassnode frames as persistent dip-buying with growing squeeze potential.
BitMine's $258M annualized staking revenue is more than eight times the $30M Ethereum core-dev funding gap a former Foundation contributor warned of, and ETH treasury firms are now the ones writing…
Three prior bear crosses marked cycle lows and the start of three-year rallies. The setup has the lagging-indicator logic traders expect at exhaustion, even if three samples are not a theorem.
Glassnode's index just printed 86, a reading that usually means capital is rotating into alts. It isn't. Bitcoin is doing most of the selling, and that is the whole story.
The listing lands CC on South Korea's second-largest venue and pulls an institutional RWA chain built with Goldman Sachs, DTCC, and Citadel into a retail-accessible pair.