Ripple CEO Slams Saylor's Bitcoin Balance Sheet Plan
Brad Garlinghouse points to STRC trading 25% below par as evidence that leverage-funded accumulation distorts the market he says he still believes in.
Every crypto post from the last 24 hours.
Brad Garlinghouse points to STRC trading 25% below par as evidence that leverage-funded accumulation distorts the market he says he still believes in.
A single fresh address absorbing tens of millions from a prime broker is the kind of OTC flow that precedes either a directional bet or a custody reshuffle, and the HYPE leg is the more interesting…
A private rocket company entering the world's most-tracked tech benchmark closes one loop on Musk's empire and pulls a fresh slug of passive capital into $SPCX.
Management's own rule says MSTR stops being a productive BTC-buying vehicle below ~1.22x mNAV, and the market just pushed the company's enterprise value under its bitcoin stack.
MicroStrategy's common-stock ATM is bleeding into its BTC bid, spot ETF outflows hit a 30-day record, and a year-stalled Clarity Act is turning prior net buyers into net sellers, a triple-stack the…
Seven straight sessions of outflows and seven straight negative weeks reset the cost basis for the average spot BTC ETF holder, with the IBIT cohort now deep underwater from its mid-2025 high.
Eight months after Bitcoin topped, declining volumes, venture pullback and sector-wide cuts point to a late-stage cycle, historically one of the strongest windows to position for the next run.
The platform just hit a new all-time high, but the real question is whether Wall Street's attention, spot Bitcoin ETF inflows, and a CFTC-regulated perpetuals leg can turn HYPE from a momentum trade…
The slide below 1.0 enterprise mNAV means the market now values Strategy's treasury operations at less than the bitcoin they hold, a structural break for the proxy-BTC trade.
Treasury firms are racing to monetize their BTC stacks as income products, but the yield has to originate somewhere, and that origin is the trade-off every investor underwrites.
Garlinghouse called the discount a damning indictment of leverage-heavy accumulation, the sharpest public attack yet from a major crypto CEO on the strategy that defined institutional BTC buying.
The same trader who timed the October 2025 crash has opened a fresh 20x short on Ether, with technicals pointing to a pullback toward $1,375.
If V4 ships what its execs are describing, the RWA onchain lending TAM stops being a slide-deck talking point and starts competing with traditional prime brokers for fee revenue.
Aave surged 19% on a Kraken-parent investment whisper and a buyback tease, while Solana rode tokenized-stock volume past $2.5B for an 80% share of on-chain equity trading.
Waller's framing pulls stablecoins out of the crypto silo and into the Fed's policy perimeter, where Treasury issuance, bank funding, and dollar liquidity all collide.
The senior Democrat on House Financial Services filed an 11-page letter attacking the proposal as incoherent while the SEC is still building its digital-asset framework, and she could chair the…
The MAS action targets marketing language rather than core protocol mechanics, but it lands as the perps DEX courts institutional flow and US regulators sketch perp venue rules.
Beijing-side managers are pulling back from the names that led the AI trade, framing the unwind as a long-overdue re-pricing rather than a single-catalyst event.
Van Epps pegs Ethereum core protocol R&D at roughly $30M annually and warns the Foundation's shrinking treasury means new outside institutions must step in, even as EVM adoption and stablecoin…
The DAT rebalance into Russell indexes is happening against a 9% SOL rally, and Solana-treasury names are doing the heavy lifting while Ethereum holders play catch-up.