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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.

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DeFi to Have ‘Walled Garden’ Moment as Internet of Money Matures: dYdX’s D’Haussy

The CEO of the dYdX Foundation sees parallels between the internet of the 1990s and where Decentralized Finance (DeFi) is today.

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SEC Goes After Another Crypto Firm, Slaps Immutable With Wells Notice

The firm’s IMX token is down over 13% at $1.16 following the announcement.

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Florida CFO Jimmy Patronis ‘Would Not Be Shocked’ to See State’s $800M Crypto Portfolio Grow Under a Trump Presidency: CNBC

He has recommended that the state retirement system direct a portion of its funds into crypto.

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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.

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Tether Reports $2.5B Profit in Q3, Holds Over $100B of U.S. Treasuries

The company also owns a significant amount of gold and the big move higher in the yellow metal boosted profits.

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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 after recent big runs higher for crypto and traditional markets.

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Michael Saylor Conjures Stock Market Magic With Giant Plan to Buy More Bitcoin

Normally, a $21 billion equity offering by a company only worth just over double that amount would tank the issuer’s stock price. But the economics around corporate America’s biggest bitcoin bull are different.

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Trump’s Crypto Business Slashes Fundraise Goal by 90% After Lackluster Sales

The revised plan to sell only $30 million of WLFI tokens — instead of the originally planned $300 million — suggests Trump may not quickly see a big payday from World Liberty Financial.

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Ellipsis Labs Raises $20M from Haun Ventures to Launch ‘Verifiable Finance Blockchain’ Atlas

Ellipsis is best known as the builder of Phoenix, the popular orderbook-style exchange on Solana.

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