ETH DATs have a problem: Ether’s crash below $3K vaporized a year’s worth of gains

Ether treasury companies are holding millions of dollars in unrealized losses, and the falling mNAV valuations and ETH’s potential to fall below $2,500 may further complicate matters. Read More at https://cointelegraph.com/news/eth-dats-have-a-problem-ether-s-crash-below-dollar3k-vaporized-a-year-s-worth-of-gains?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Bitcoin, stocks crumble after Nvidia earnings and Fed uncertainty over next rate cut

Bitcoin weakness persists as the BTC price drops to $86,000, alongside a US stock market sell-off and diminishing odds of a 50-basis-point Fed interest rate cut at the next FOMC. Read More at https://cointelegraph.com/news/bitcoin-stocks-crumble-after-nvidia-earnings-and-fed-uncertainty-over-next-rate-cut?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Bitcoin slump to $86K brings BTC closer to ‘max pain’ but great ‘discount’ zone

Analysts say Bitcoin is nearly in its “max pain” zone as the cost basis of BlackRock’s IBIT and Strategy’s massive BTC treasury draws near. Read More at https://cointelegraph.com/news/bitcoin-slump-to-dollar86k-brings-btc-closer-to-max-pain-but-great-discount-zone?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound