EXOD Exodus Cuts 25% of Workforce to Pivot Into Stablecoins
The layoff is large but the strategic read is bigger: a publicly listed crypto wallet is rewriting itself as a full-stack payments company on the back of Monavate and Baanx.
Sector-wide market analysis: dominance, liquidity, on-chain flows, whale activity, and exchange in/outflows.
The layoff is large but the strategic read is bigger: a publicly listed crypto wallet is rewriting itself as a full-stack payments company on the back of Monavate and Baanx.
A sustained daily close above the 100-day EMA is the gatekeeper; crack it on volume and $2,000 comes back into view, with the 200-day EMA near $2,180 sitting roughly 16% above spot.
The dual action ties a corporate balance sheet to Ethereum at a scale few public companies have matched, with the $4B repurchase authorisation signalling long-term conviction, not token rotation.
The deceleration matters more than the headline number: a 12-week buying streak has now hit its slowest week, even as Bitmine remains 96% of the way to its 5% of ETH supply target.
A no-buy week from Strategy, the loudest single buyer of the cycle, is itself the signal: the company is conserving optionality rather than stepping aside.
Two straight weekly sales with no Bitcoin adds mark a clear pause in Strategy's accumulation cycle, even as USD reserves climb past $3.2B.
The buy is small relative to the treasury, but the 85% staking rate and a $15.62-average buyback show the playbook is now yield plus capital return, not just accumulation.
Excluding stablecoins, the on-chain RWA stack has grown more than tenfold since early 2024, but minimums above $500K keep most of that capital gated to institutions.
The largest Ethereum treasury added just 7,430 ETH in a week, a rounding error next to its May pace, and the shift reads as a signal that the cheapest dollars on its balance sheet now sit in its own…
Five mid-cap Solana names outran a quieter broader market, with MetaDAO up 51% and Pyth posting a 33% gain that suggests rotation into oracle and launchpad exposure.
Hyperliquid's on-chain liquidation feed is turning perps wipeouts into a public, tradeable signal, and one whale's repeated ETH-side losses are now drawing a copy-trading crowd.
The $30 target bump hinges on a $70B-plus opportunity stack across prediction markets, perps, and tokenized equities, with event-contract revenue set to eclipse crypto by Q2 2026.
Two straight weeks without a BTC buy, paired with a rare $216M sale earlier this month, signals the firm's preferred-stock dividend burden is now steering capital allocation more than accumulation…
No bitcoin bought for the second reporting stretch, but the $225M bump in the cash reserve gives the treasury plenty of dry powder for the next allocation window.
No BTC acquired last week marks a pause in Strategy's 12-week buying streak, but the company is still selling MSTR shares to fund future treasury additions.
Spot at $64.9K sits under the STH cost basis, true market mean, and active investor mean, with realized price the only line still anchoring the cycle low.
Active accounts jumped 4.64% in 24 hours, the type of two-engines-running signal that tells you user growth on Tron is no longer just a dormant-wallet story.
Cuomo already advising the exchange since 2023 is the bigger tell than the title itself: OKX is pairing a heavyweight U.S. operator with the brand to push its regulated-institutional build.
The ZIL amount and the venue are both undisclosed, but the network-wide deposit and withdrawal pause is the more telling beat: even cold storage at a partner exchange is now a live attack surface.
Bitcoin's 30-day implied volatility index is parked in a 34%-38% band that has preceded every major BTC slide since October, with the gauge now mean-reverting from below both its 30- and 200-day…