Strive–Semler Deal Highlights Flaws in Valuation Method NYDIG has called on Bitcoin treasury companies to stop using the “mNAV” metric, arguing that it paints an inaccurate picture of corporate value and could mislead investors. The warning comes in the wake of Strive Asset Management’s all-stock acquisition of Semler Scientific, a historic deal that created the first-ever merger between two Digital Asset Treasuries (DATs). The combined company now controls over 10,900 BTC, instantly making it one of the largest institutional holders of Bitcoin. While the acquisition boosts net asset value (NAV) per share, NYDIG says it also exposes the weaknesses of…
Author: Blockto Team
The cryptocurrency market saw intense volatility between September 20 and September 27, 2025, as traders reacted to heavy liquidations, new regulatory frameworks, and the debut of a major exchange-traded fund. Despite some optimism earlier in the week, macro pressures and profit-taking weighed heavily on market momentum. Market correction after sharp liquidations On September 22, over $1.5 billion in liquidations swept through digital asset markets, forcing out more than 400,000 traders. BITX Analysts said this was one of the most significant single-day flushes of the year. “When you see that kind of wipe-out, it often resets leverage and opens the door for…
ARK Invest CEO says the protocol reminds her of Solana’s early promise while stressing Bitcoin remains core to her thesis Cathie Wood, CEO of ARK Invest, has compared Hyperliquid to Solana in its early days, calling it an emerging protocol worth watching in the competitive decentralized exchange (DEX) space. However, she reiterated that Bitcoin remains the centerpiece of her long-term crypto strategy. Hyperliquid Compared to Solana Speaking on the Master Investor podcast, Wood said: “It’s exciting. It reminds me of Solana in the earlier days, and Solana has proven its worth and is, you know, there with the big boys.”…
Technical Signals Point to Upside in LINK/USDT and LINK/BTC Pairs Chainlink (LINK) is showing signs of a potential reversal rally, with price currently holding above the $20 support zone and eyeing a move toward the $22 level. Technical indicators and strengthening performance against Bitcoin (LINK/BTC) suggest renewed bullish momentum may be on the horizon. LINK recently retested the $20–$21 green support zone, a level that has historically acted as a strong demand area. Traders note that maintaining this range could open the door to higher targets. On the upside, the immediate resistance sits near $22.50, with a stronger barrier at…
Investor Psychology Echoes Early 2000s Market Bust The rise of crypto treasury companies mirrors the overzealous behavior of investors during the late 1990s dotcom boom, raising concerns about sustainability in the current market cycle. Industry experts warn that unchecked speculation could set the stage for the next bear market in digital assets. Investor Sentiment and Historical Parallels According to market analysts, the psychology driving crypto treasuries today is strikingly similar to the dotcom era, when over-investment in internet startups caused the U.S. stock market to collapse by nearly 80%. As one expert explained, “Alongside major companies with serious long-term strategies,…
Analysts see financial instruments as a driver of institutional adoption and market stability Bitcoin’s long-term growth may hinge on the rise of derivatives products like options and futures, according to market analysts. These financial instruments are increasingly seen as tools that could both attract institutional investors and stabilize the notoriously volatile cryptocurrency market. Derivatives Drive Institutional Confidence Market analyst James Van Straten argues that the expansion of Bitcoin options and derivatives could push its market capitalization to at least $10 trillion. He pointed to record levels of open interest in Bitcoin futures and options on the Chicago Mercantile Exchange (CME),…
Former Cleveland Cavaliers star launches Basketball.fun to empower fans through data and blockchain Tristan Thompson, NBA champion and Canadian basketball icon, is taking his competitive spirit off the court and into the blockchain industry. With his playing career winding down, the 34-year-old has launched Basketball.fun, a platform designed to give fans real influence over the game they love. From Court Battles to Building Platforms Reflecting on his transition, Thompson says the mindset hasn’t changed. “I don’t think much changes. It’s still the same journey and grind. The players on the court are different, but now it’s about testing the mind,…
Market focuses on $0.00000090 support as bearish pressure builds The meme-inspired cryptocurrency PEPE (PEPE/USDT) has seen renewed volatility, recording a 5.47% drop to $0.000000916 as of the latest session. The price action highlights the importance of a major support zone near $0.00000090, an area that has previously acted as a springboard for rebounds. The daily chart reveals that PEPE is currently trading inside a green demand zone, suggesting the market is testing a historically strong support. This level has contained multiple pullbacks since May, making it a key threshold for short-term sentiment. If this area holds, BITX analysts expect a…
High-stakes crypto trader shifts focus from Bitcoin to ASTER amid anticipated airdrop James Wynn, the pseudonymous trader known for a billion-dollar Bitcoin long, has re-emerged with a leveraged position on ASTER just days after suffering liquidation. Wynn now believes ASTER’s upcoming airdrop could be among the most significant events in crypto history. Wynn has taken a 3x leveraged long position worth more than $16,000 on ASTER, the native token of the fast-growing Aster perpetuals exchange. Entering at $1.97 with a liquidation point near $1.57, the trade appears smaller than his billion-dollar Bitcoin wagers, but signals his conviction in the project.…
Beijing Seeks to Store Foreign Central Bank Reserves in Shanghai Vaults Gold prices continue to soar near historic highs, and China is stepping up efforts to position itself as a central hub for global bullion storage. Reports indicate that Beijing is courting foreign central banks to store reserves in Shanghai, a move that could expand its influence in the international gold market. Gold Rally Strengthens as Central Banks Buy Heavily Spot gold climbed to $3,784.74 an ounce this week in New York, briefly setting another all-time high before easing slightly. The metal closed at $3,789.80, up 43.59% year-to-date, far outpacing…