Ansh Shivhare

The world of cryptocurrency offers a range of opportunities to generate continuous income, whether through active or passive methods. As digital assets continue to gain popularity, more people are seeking ways to tap into the potential of this emerging financial ecosystem. Here are several strategies you can explore to create a steady stream of income in crypto.
1. Staking
Staking is one of the most popular passive income strategies in the cryptocurrency space. It involves locking up your assets in a proof-of-stake (PoS) blockchain to help validate transactions. In return, you earn rewards, usually in the form of the native cryptocurrency.
Key Benefits:Relatively low risk (depending on the crypto)Continuous rewards based on network participationPopular Staking Platforms: Ethereum 2.0, Binance Smart Chain, Polkadot
2. Yield Farming and Liquidity Providing
Yield farming involves lending your cryptocurrency through decentralized finance (DeFi) platforms in return for interest and other rewards. You typically provide liquidity to decentralized exchanges (DEXs) or lending platforms, which then use your funds to facilitate trading or lending activities.
Key Benefits:High yields, sometimes exceeding traditional finance returnsFlexible terms and easy access through DeFi platformsPopular Platforms: Uniswap, PancakeSwap, Aave, Compound
3. Crypto Lending
Crypto lending allows you to earn interest by lending your assets to other users or platforms. Centralized and decentralized lending platforms offer attractive interest rates, paid out periodically.
Key Benefits:Interest rates often higher than traditional savings accountsYou retain ownership of your crypto while earning interestPopular Platforms: BlockFi, Celsius, Aave, MakerDAO
4. Trading Bots and Automated Trading
Automated trading bots execute trades based on algorithms without human intervention. These bots can analyze the market 24/7 and make trades based on predefined strategies, allowing you to generate income continuously.
Key Benefits:Requires minimal monitoring once set upCan take advantage of market fluctuations at all timesPopular Tools: 3Commas, Pionex, Cryptohopper
5. Crypto Dividends
Certain cryptocurrencies pay dividends to their holders, either through transaction fees or network rewards. These crypto assets work similarly to dividend-paying stocks.
Key Benefits:Earn passive income just by holding the assetPotential for capital appreciation along with dividendsPopular Cryptos: NEO (GAS), VeChain (VTHO)
6. Mining
Mining is the process of verifying and adding transactions to the blockchain for proof-of-work (PoW) cryptocurrencies. Miners are rewarded with newly minted coins. While mining has become more competitive, it remains a viable way to generate continuous income.
Key Benefits:Steady stream of rewards for participating in the networkOpportunities to mine various cryptos beyond BitcoinPopular Mining Cryptos: Bitcoin, Litecoin, Monero
7. Airdrops and Forks
Airdrops involve the distribution of free tokens to existing holders of a particular cryptocurrency. Forks, on the other hand, occur when a blockchain splits into two, resulting in holders receiving coins on the new chain.
Key Benefits:Free tokens with potential future valueOften requires minimal effort to participateNotable Examples: Uniswap (UNI) Airdrop, Bitcoin Cash (BCH) Fork
8. Affiliate and Referral Programs
Many cryptocurrency platforms, exchanges, and services offer affiliate and referral programs. By promoting these services to others, you can earn commissions or bonuses in cryptocurrency when someone signs up or completes transactions through your referral link.
Key Benefits:No upfront capital requiredUnlimited earning potential based on referralsPopular Programs: Binance Affiliate Program, Coinbase Referral Program
9. NFT Royalties
Non-fungible tokens (NFTs) are unique digital assets representing ownership of items like art, music, and virtual real estate. Many platforms allow creators to receive royalties each time their NFTs are resold, providing a continuous income stream.
Key Benefits:Earn recurring income as NFTs change handsGrowing demand for digital assets in various industriesPopular NFT Marketplaces: OpenSea, Rarible, Foundation
10. Participating in Play-to-Earn (P2E) Games
The Play-to-Earn model allows gamers to earn cryptocurrency or NFTs by playing blockchain-based games. These assets can then be traded or sold for real-world value.
Key Benefits:Income while engaging in entertainmentSome games have in-game economies with real earning potentialPopular P2E Games: Axie Infinity, Decentraland, The Sandbox

ARK Invest, led by Cathie Wood, added another $18 million worth of crypto-related equities to its portfolio on Thursday, reinforcing its continued exposure to the digital asset sector.
The move signals sustained institutional confidence in crypto infrastructure and trading businesses despite ongoing market volatility.
Breakdown of the Purchases
According to disclosure filings:
Around $2 million was invested in a publicly listed digital asset exchange operator, marking the firm’s 10th consecutive day of buying shares in the company.Approximately $12 million was allocated to a U.S.-based retail trading platform known for crypto access.Nearly $4 million went into an ether-focused treasury and digital asset infrastructure firm.
Market Context
The purchases come during a mixed period for crypto markets:
Bitcoin and Ethereum have faced recent volatility amid macro uncertainty.Technology stocks in the U.S. have also experienced pressure.Crypto-linked equities have shown sharp swings in response to both market sentiment and broader risk appetite.
Despite these conditions, ARK continued accumulating exposure.
What This Signals
ARK’s ongoing buying streak suggests:
Long-term confidence in crypto adoptionContinued institutional participation in digital asset infrastructureStrategic accumulation during periods of weakness

Rather than reducing exposure, the firm appears to be positioning for potential long-term upside in crypto-related businesses.
Bigger Picture
Crypto-linked stocks provide indirect exposure to the digital asset ecosystem through:
Trading platformsInfrastructure providersTreasury-focused firmsBlockchain-based financial services
The continued inflows highlight that institutional players remain active participants in the evolving crypto economy.

Crypto markets remained under pressure on February 13 as investors awaited a key U.S. inflation report. Both Ethereum (ETH) and XRP extended their broader downtrends, even as fresh reports suggested Donald Trump may reduce steel and aluminum tariffs in a bid to ease cost-of-living pressures.
Market Snapshot
XRP was trading around $1.36, sharply below its all-time high of $3.65.Ethereum (ETH) hovered near $1,960, slightly above its year-to-date low of $1,750.
The broader crypto market has remained cautious ahead of upcoming U.S. consumer inflation data, which could shape Federal Reserve policy expectations.
Why Tariffs Matter for Crypto
Reports indicate that Trump is considering lowering steel and aluminum tariffs, currently near 50%.
If implemented, this move could:
Reduce production costs for American firmsEase inflation pressuresImprove consumer confidencePotentially encourage the Federal Reserve to cut interest rates
Lower interest rates are generally bullish for risk assets, including cryptocurrencies like XRP and Ethereum.

Ethereum Price Prediction
The weekly chart shows Ethereum has declined significantly from its previous high near $4,950 to current levels around $1,950.
🔎 Technical Signals
RSI (Relative Strength Index) has dropped into oversold territory — its lowest since April last year.ADX (Average Directional Index) has fallen from 33 to 21, indicating weakening bearish momentum.An inverted head-and-shoulders pattern has formed , a classic bullish reversal structure.
📈 Outlook
If the pattern plays out, Ethereum could rebound toward the key resistance level around $3,000.
However, failure to hold current support levels may delay the recovery.
XRP Price Prediction
XRP has also been in a sustained downtrend as the broader crypto market cooled.
🔎 Technical Signals
A falling wedge pattern has formed , often a bullish reversal indicator.RSI has dropped to 30, its lowest level since 2022, signaling oversold conditions.Historically, XRP has rebounded after reaching similar RSI levels.
📈 Outlook
If buyers step in, XRP could rally toward the $2.00 resistance level.
On the downside:
A break below the year-to-date low near $1.10 may open the door to further declines toward $1.00.
Bigger Picture
The combination of:
Oversold technical indicatorsPotential tariff reductionsEasing inflation expectationscould create a supportive backdrop for crypto recovery.
Still, markets remain highly sensitive to macroeconomic data and Federal Reserve policy signals.
Conclusion
Both Ethereum and XRP are showing early signs of bottoming, supported by bullish technical patterns.
If inflation cools further and tariff reductions materialize, crypto markets could see renewed upside momentum in the coming weeks.
However, traders should remain cautious as key support levels remain under pressure.

#dyor #NFA✅

This week’s major crypto gathering in Hong Kong highlighted an industry balancing rapid innovation with mounting market pressure. Conversations ranged from AI-powered payments to bitcoin’s uncertain price floor and the evolving global regulatory landscape.
Crypto and the Rise of the Machine Economy
One of the strongest themes was the growing intersection between artificial intelligence and digital assets. Speakers discussed how autonomous AI agents , capable of making decisions and executing transactions independently , could rely on crypto and stablecoins as their default payment rails.
As AI begins handling tasks such as booking travel, purchasing services and settling transactions, programmable and borderless digital money may become essential infrastructure. In this vision, crypto evolves from a speculative asset into the backbone of machine-to-machine commerce.
Bitcoin’s Next Move Remains Unclear
Market volatility also dominated discussions. Bitcoin has dropped nearly $30,000 over the past month, raising questions about whether the current correction has reached its bottom.
Several market participants pointed to $50,000 as a critical level to watch. While some see signs of stabilization, others warned that additional downside remains possible in a fragile macro environment marked by tightening liquidity and cautious investor sentiment.
The overall tone suggested that confidence has yet to fully return, with traders closely tracking global economic signals.
Speculation and Liquidity Concerns
Another area of debate centered on the growth of prediction and betting platforms. Some participants expressed concern that heavy speculative activity could drain liquidity from more productive segments of the crypto economy.
There were warnings about a potential “negative wealth effect,” where capital shifting into high-risk trading could dampen broader economic activity and innovation.
Regulatory Momentum Continues
On the regulatory front, Hong Kong authorities signaled continued progress toward integrating digital asset firms more fully into formal oversight structures.
While several jurisdictions are waiting to see how U.S. crypto legislation develops before advancing their own frameworks, Hong Kong appears committed to moving forward independently. Market participants noted that U.S. policy decisions will still carry global influence, but regional regulatory clarity is steadily advancing.
An Industry in Transition
The event underscored a digital asset market at a pivotal moment. On one side lies accelerating innovation, particularly in AI integration and payment infrastructure. On the other, persistent volatility and regulatory shifts continue to shape investor behavior.
What became clear throughout the week is that crypto is no longer just about price cycles. It is increasingly positioning itself as foundational infrastructure for future digital economies , even as it navigates one of its more uncertain market phases.

Bitcoin slipped below the $66,000 level on Thursday as the broader crypto market moved lower alongside falling U.S. equities, highlighting the increasing correlation between digital assets and traditional risk markets. The decline occurred during late U.S. trading hours as the tech-heavy Nasdaq index dropped sharply, weighing on overall market sentiment.
Bitcoin and Ether Extend Losses
Bitcoin fell to around $65,700, marking a decline of roughly 1.5% over the past 24 hours, while ether dropped more than 2%, trading just above $1,900. The move pushed bitcoin back toward the lower end of its recent trading range, suggesting that bullish momentum remains weak following last week’s sharp sell-off.
Market behavior has shown a familiar pattern , crypto often decouples when equities rally, but quickly correlates when stocks decline. This dynamic has become more evident during the current bearish phase, where macro-driven risk aversion continues to dominate price action.
Extreme Fear Dominates Sentiment
Investor sentiment has deteriorated significantly, with the Crypto Fear & Greed Index falling to 5, indicating a state of “extreme fear.” This level is even lower than those recorded during the 2022 crypto winter and the 2020 pandemic crash, reflecting deep pessimism among market participants.
The lack of a sustained bounce from last week’s panic-driven drop has led to growing concerns that the market may be entering a capitulation phase, where persistent selling pressure overwhelms short-term buying demand.
Crypto-Related Stocks Also Slide
The weakness has extended beyond cryptocurrencies, with crypto-exposed equities also declining sharply as lower asset prices pressure trading volumes and revenue expectations across the industry. This broad-based decline reflects the ongoing risk-off environment impacting both digital assets and related financial firms.
Macro Forces Continue to Drive the Market
The latest drop reinforces the view that crypto markets are now closely tied to macroeconomic developments and equity market trends. As investors reduce exposure to risk assets amid uncertain growth prospects and interest-rate expectations, cryptocurrencies are increasingly moving in tandem with traditional markets.
Additionally, cautious institutional forecasts warning of potential further downside have added to bearish sentiment, increasing volatility and uncertainty in the near term.
Outlook: Volatility Likely to Remain Elevated
With equities under pressure and investor sentiment deeply negative, near-term volatility in crypto markets is likely to persist. While long-term adoption trends and institutional participation remain supportive, the short-term trajectory will depend heavily on macro stability and a return of broader risk appetite.
For now, bitcoin’s drop below $66,000 highlights the fragile state of the market, where movements in U.S. stocks continue to play a crucial role in shaping crypto price action.
#dyor #NFA✅

Binance Co-CEO Richard Teng recently explained what really happened during the infamous “10/10 liquidation event,” a brutal day that wiped out nearly $19 billion in crypto liquidations across the market. Speaking at Consensus Hong Kong, Teng made it clear that the crash was not caused by Binance, but by larger macro and geopolitical shocks that hit the entire industry at once.

Macro Events Triggered the Crash
According to Teng, the sell-off was mainly driven by global developments like new U.S. tariffs on China and China’s rare earth metal export controls. These moves created uncertainty across financial markets, and crypto reacted sharply due to its high leverage and sensitivity to sentiment.
He emphasized that every exchange , centralized and decentralized , saw heavy liquidations, which shows the event was market-wide and not linked to a single platform.
Most Liquidations Happened Within Hours
Teng noted that roughly 75% of the liquidations happened around 9:00 p.m. Eastern Time, when market stress peaked. This wave of liquidations also happened alongside two unrelated issues: a temporary stablecoin depegging and some delays in asset transfers on certain networks.
Even with these problems, Teng said Binance’s internal data did not show any massive withdrawals from the exchange, which suggests users largely stayed on the platform during the chaos.
Binance’s Role During the Turmoil
Teng said Binance focused on supporting affected users and maintaining smooth trading conditions. The exchange’s systems remained stable during the volatility, although the broader market was under extreme pressure and fear was clearly high.
He also pointed out that blaming a single exchange for such a large-scale event does not really reflect how interconnected the crypto ecosystem has become today.
Crypto Now Moves With Global Macro Forces
One important takeaway from Teng’s remarks was that crypto markets are now more connected to global macro trends than ever before. Geopolitical tensions, trade policies and interest rate expectations are increasingly shaping price movements, just like in traditional markets.
At the same time, institutional and corporate participation in crypto continues to grow, even though retail demand has cooled a bit during this volatile period.
Long-Term View Still Positive
Despite the scale of the “10/10” liquidation nightmare, Teng suggested that the long-term outlook for crypto remains strong. The industry is still seeing rising institutional adoption and broader use cases, which could support future growth once macro conditions become more stable.
The event served as a harsh reminder that crypto is no longer isolated , it reacts to global shocks too, sometimes even more aggressively than traditional assets.

A new industry study highlights a powerful generational shift in finance: younger investors increasingly trust transparent code over traditional banking institutions.
A Growing Trust Gap
The study on generational attitudes toward crypto reveals a stark divide:
Gen Z and millennials are nearly five times more likely to trust crypto than baby boomers.One in five Gen Z and millennial respondents report low trust in traditional financial institutions.Meanwhile, 74% of baby boomers maintain high trust in legacy banking systems.
This divergence reflects more than market cycles , it signals a structural shift in financial confidence.
Raised on Transparency
For Gen Z, trust is rooted in visibility and control. This generation grew up with open-source systems, real-time dashboards and instant access to information. Naturally, they expect the same transparency from financial platforms.
Blockchain technology aligns with those expectations. On-chain transactions, self-custody, auditable protocols and real-time verification offer openness that traditional finance often lacks.
For many young investors, the digital economy feels native , traditional finance does not.
Shaped by Institutional Failures
The generational divide also stems from lived experience.
Boomers built wealth in an era when institutions were widely viewed as stable and protective. Regulation symbolized safety.
Gen Z, however, came of age during the aftermath of the 2008 financial crisis. They entered adulthood facing high student debt, housing shortages and persistent inflation. Policy reversals and financial uncertainty reinforced skepticism toward centralized institutions.
In that context, crypto represents control , not just speculation.
Security Over Regulation
Younger investors increasingly prioritize platform security over regulatory branding when determining trust.
For boomers, regulation equals protection.
For Gen Z, trust comes from:
Direct ownership of assetsTransparent fee structuresVerifiable systemsThe freedom to move value without intermediaries
This helps explain why younger generations remain significantly more bullish on crypto compared to older cohorts.
A Wake-Up Call for Banks
The message for traditional institutions is clear: trust can no longer be declared , it must be demonstrated.
Legacy banking models were built in a time when limited transparency was tolerated. Today, younger investors expect proof-of-reserves, real-time reporting and clarity on incentives.
As finance increasingly moves on-chain and toward tokenization, the generational trust gap may accelerate the shift from traditional systems to digital-native platforms.
Banks are not simply losing Gen Z to crypto , they are losing them to a new definition of trust.
#crypto

The cryptocurrency market remained under pressure as bearish sentiment dominated trading, pushing Bitcoin below the critical $67,000 level while Ether followed with notable losses.
Bitcoin (BTC), the world’s largest cryptocurrency by market capitalization, slipped beneath $67,000 during the latest session, extending its recent pullback. The decline reflects continued uncertainty among traders amid broader macroeconomic concerns and risk-off behavior across global markets.
Ether (ETH), the second-largest digital asset, also moved lower, tracking Bitcoin’s weakness. The drop in ETH highlights the ongoing fragility in altcoin markets, where price swings tend to amplify Bitcoin’s directional moves.
Market Pressure Intensifies
The downturn comes as investors reassess risk exposure following recent volatility. Funding rates across derivatives markets showed signs of cooling, suggesting reduced bullish positioning. At the same time, liquidation data indicated that leveraged long positions were squeezed as prices slid, adding further downside pressure.
Market analysts noted that key technical support zones are now in focus. For Bitcoin, maintaining levels near the mid-$60,000 range could be crucial in preventing a deeper correction. A sustained break below that region may trigger further selling momentum.
Altcoins Face Amplified Losses
Beyond Bitcoin and Ether, several major altcoins experienced sharper percentage declines, reflecting risk aversion among market participants. Historically, when Bitcoin weakens, altcoins tend to face more aggressive drawdowns due to thinner liquidity and higher speculative activity.
Broader Outlook
Despite the current bearish tone, long-term investors continue to monitor structural catalysts such as institutional adoption, ETF flows, and network fundamentals. Analysts emphasize that short-term volatility remains a defining feature of crypto markets, especially during transitional phases.
For now, sentiment remains cautious. Traders are watching macro developments, liquidity conditions, and on-chain indicators for signs of stabilization before confidence returns to the market.
#dyor #NFA✅

Bitcoin continued to trade in a narrow range below the $70,000 mark on Tuesday as markets positioned cautiously ahead of Wednesday’s closely watched U.S. employment report, which could shape expectations around interest rates and broader risk sentiment.
Crypto prices briefly dipped alongside U.S. equities at the market open but recovered quickly, following a pattern seen repeatedly in recent sessions. By mid-morning, bitcoin was hovering near $69,200, little changed over the past 24 hours.
Altcoins Lag as Volumes Stay Light
Major altcoins underperformed bitcoin during the session. Ether fell around 1.8%, while XRP and Solana also posted modest declines.
Despite the recent pullback being the sharpest since the 2024 bitcoin halving, analysts note that spot trading volumes remain low, suggesting retail investors have largely stepped aside rather than rushed to sell. According to market data provider Kaiko, recent price moves have been driven primarily by leveraged derivatives trading rather than organic spot demand.
Kaiko research analyst Laurens Fraussen said the market is approaching key technical support levels that could determine whether bitcoin’s long-term four-year cycle structure remains intact.
Derivatives, Not Spot Demand, Driving Volatility
Trading firm Wintermute expects bitcoin to remain range-bound in the near term as the market continues to search for price direction. The firm noted that thin spot liquidity has made prices more sensitive to crowded leveraged positions.
Wintermute pointed to last Friday’s rebound as a short squeeze in perpetual futures, adding that the return of volatility surprised traders after a prolonged period of complacency.
U.S. Jobs Report in Focus
Market attention is now firmly on Wednesday’s release of the January U.S. Nonfarm Payrolls report, delayed from last week due to a brief federal government shutdown. Economists expect 70,000 jobs to have been added in January, up from 50,000 in December, with the unemployment rate holding steady at 4.4%.
However, expectations have been clouded by comments from former Trump administration officials. White House trade counselor Peter Navarro said markets should brace for significantly weaker-than-expected data, echoing earlier remarks from economic adviser Kevin Hassett, who urged investors not to overreact if the report disappoints.
Bond markets appear to have taken note, with the 10-year U.S. Treasury yield slipping to 4.14%. While lower yields and easier monetary policy are typically supportive for assets like bitcoin, this cycle has defied expectations, with bitcoin falling sharply even as the Federal Reserve has cut rates by 75 basis points in recent months.
Waiting for a Catalyst
With spot participation muted and derivatives driving short-term price action, bitcoin remains stuck in consolidation mode. Traders are increasingly looking to macro data , starting with Wednesday’s jobs report , as the next potential catalyst to break the current range.
#dyor #NFA✅

Bitcoin’s rebound from last week’s sharp sell-off appears to be losing steam, with prices struggling to break above the $70,000–$71,000 zone amid fragile sentiment, thinning liquidity and fading participation across spot markets.
After plunging into the low-$60,000s in what many traders described as a capitulation-style move, bitcoin bounced sharply over the weekend. That recovery, however, has stalled, prompting analysts to characterize the move as a bear-market relief rally rather than the start of a renewed uptrend.
Overhead Supply Weighs on the Bounce
Market participants say the rebound has run into heavy overhead supply from investors looking to exit positions at improved prices after the sell-off.
“There is still a huge supply in the market from those who want to exit bitcoin on the rebound,” said Alex Kuptsikevich, chief market analyst at FxPro. “In such conditions, traders should be prepared for a renewed test of the 200-week moving average.”
He added that recovery momentum faded quickly after encountering selling pressure near the broader crypto market’s recent valuation highs, suggesting the bounce may represent only a pause in a larger corrective move.
Fear Dominates Market Psychology
Sentiment indicators reinforce the cautious tone. The Crypto Fear and Greed Index fell to 6 over the weekend , levels last seen during the FTX-driven downturn of 2022 , before rebounding modestly to 14 by late Monday.
Even with that slight improvement, analysts warn that sentiment remains deeply pessimistic and inconsistent with sustained risk-taking. According to Kuptsikevich, such readings are “too low for confident buying,” pointing to more than just short-term nervousness.

Liquidity and Volume Continue to Thin
Market structure data suggests the rebound is occurring in a fragile environment. Spot trading volumes across major centralized exchanges are down roughly 30% compared with late-2025 levels, according to data from Kaiko.
Monthly spot volumes have slipped from around $1 trillion to roughly $700 billion, indicating a steady withdrawal of participation , particularly among retail traders , rather than a sudden panic-driven exodus.
Thin liquidity can amplify price swings, allowing modest sell orders to trigger outsized moves. This dynamic often leads to volatile intraday price action without the heavy, panic-volume surge typically associated with a clear market bottom.
Risk-Off Unwind, Not Capitulation
Kaiko described the current backdrop as a broader risk-off unwind, where traders gradually reduce exposure instead of exiting en masse. While last week saw brief spikes in activity, the longer-term trend remains one of declining engagement.
Such conditions can result in repeated failed rallies, as prices bounce on reduced selling pressure only to falter once fresh demand fails to materialize.
Key Levels in Focus
From a cycle perspective, bitcoin’s pullback fits a familiar pattern. After peaking near $126,000 in late 2025 or early 2026, prices have retraced more than 50%, with the $60,000–$70,000 range emerging as a critical battleground.
Historically, bottoms following major cycle peaks often take months to form and are marked by multiple unsuccessful recovery attempts.
For now, traders say the market’s ability to hold the $60,000 area remains the key signal. Sustained defense could lead to choppy consolidation, while a failure , combined with thin liquidity , could quickly reopen the door to renewed downside.
Bottom Line
Bitcoin’s rebound has stalled just below $71,000, with sentiment at its most fearful since 2022 and participation continuing to fade. Until liquidity improves and buyers show stronger conviction, the move higher is likely to be viewed as a temporary relief rally rather than a confirmed trend reversal.
#dyor #NFA✅

MegaETH, a high-performance blockchain designed to make Ethereum applications feel nearly instant, has officially launched its public mainnet stepping into the middle of one of the most important debates in crypto today: how should Ethereum scale?
The project has long positioned itself as a layer-2 “real-time blockchain,” aiming to deliver over 100,000 transactions per second (TPS). If successful, this would move on-chain interactions closer to the responsiveness of traditional web applications, a sharp contrast to today’s blockchain experience.
For context, Ethereum currently processes fewer than 30 TPS, according to Token Terminal. That gap highlights the ambition behind MegaETH’s design.
A Rapid Rise Backed by Big Names
MegaETH’s mainnet debut caps a fast and well-funded rise. Its development arm, MegaLabs, raised a $20 million seed round in 2024, led by Dragonfly.
Momentum accelerated in October, when the project announced a $450 million oversubscribed token sale, one of the largest crypto fundraises of the year. The round attracted heavyweight backers, including Ethereum co-founders Vitalik Buterin and Joe Lubin , signaling strong confidence from within Ethereum’s own leadership circle.
MEGA Token: Gradual Rollout, Usage-Based Unlocks
The network’s native token, MEGA, underpins MegaETH’s economic model but will not be fully unlocked at launch. According to the team, token distribution and utility will roll out gradually, with certain unlocks tied directly to network usage milestones.
This approach is designed to align incentives with real adoption rather than short-term speculation, a growing theme across newer blockchain launches.
Entering Ethereum’s Scaling Crossroads
MegaETH’s timing is no coincidence. Ethereum’s long-standing scaling strategy , which has leaned heavily on layer-2 rollups , is now under renewed scrutiny.
For years, rollups have helped Ethereum handle growth by batching transactions off-chain and settling them back to the main network. Supporters argue they already deliver major performance gains and remain essential to Ethereum’s roadmap.
However, critics say this model has fragmented liquidity, users, and developer activity across dozens of networks, complicating the user experience.
Recently, comments from Buterin himself have reignited the discussion, suggesting Ethereum may need to invest more aggressively in scaling its layer-1 to reduce complexity and fragmentation.
Where MegaETH Fits In
MegaETH lands squarely in the middle of this debate.
Rather than choosing between layer-1 maximalism or traditional rollups, the project is betting there is still strong demand for ultra-high-performance chains that dramatically push speed and latency beyond current norms. Its goal: make on-chain apps feel as smooth and responsive as Web2, without sacrificing Ethereum-level security assumptions.
Whether MegaETH becomes a complement to Ethereum’s existing scaling stack , or a challenge to it , will depend on adoption, developer traction, and real-world performance. But its mainnet launch makes one thing clear: the conversation around how Ethereum scales is far from settled.

Bitcoin mining firm Cango has sold a significant portion of its bitcoin holdings as it prepares for a strategic shift toward artificial intelligence computing infrastructure.
The company disclosed that it sold 4,451 bitcoin over the weekend, raising approximately $305 million in USDT. Based on the proceeds, the sale implies an average price of roughly $68,524 per bitcoin, close to multi-year lows for the cryptocurrency.
Balance Sheet Repair and Strategic Repositioning
Cango said the decision to sell bitcoin followed a “comprehensive assessment of current market conditions,” with the primary goal of reducing leverage and strengthening its balance sheet. A portion of the proceeds was used to pay down a bitcoin-collateralized loan, improving the company’s financial flexibility.
Despite the sale, Cango continues to hold 3,645 BTC, valued at more than $250 million, according to industry data.
Shares of CANG were little changed in Monday trading, though the stock remains down approximately 83% year-over-year, reflecting prolonged pressure across the crypto mining sector.
Shift Toward AI Infrastructure
Cango plans to redeploy capital and infrastructure toward AI computing, marking a growing trend among bitcoin miners seeking alternative revenue streams amid volatile crypto markets and tightening margins.
The company said it will deploy modular GPU units across more than 40 global sites, creating a distributed network capable of providing on-demand AI inference capacity for small and mid-sized businesses. Management believes this positions the firm to benefit from rising demand for compute power amid constraints in existing grid and data center capacity.
“In response to recent market conditions, we have made a treasury adjustment to strengthen our balance sheet and reduce financial leverage,” the company wrote in a letter to shareholders. “This provides increased capacity to fund our strategic expansion into AI compute infrastructure.”
Industry-Wide Trend With Risks
Cango’s move reflects a broader shift within the bitcoin mining industry, where companies are increasingly diversifying away from pure crypto mining and toward AI data centers and high-performance computing.
Peers are taking similar paths. Bitfarms has said it plans to exit crypto mining entirely by around 2027, repositioning itself as a high-performance computing and AI-focused firm. Analysts have also cited transitions underway at Bitdeer and Hive Digital.
However, analysts at KBW have cautioned that while the AI pivot is strategically compelling, execution risks remain high, particularly around customer acquisition, utilization rates, and the capital intensity of AI infrastructure. Those concerns have led to downgrades across several miners attempting similar transitions.
A Calculated Bet Beyond Bitcoin
Cango’s bitcoin sale marks a notable shift from holding digital assets toward actively redeploying capital into AI-driven infrastructure. While the move reduces direct exposure to bitcoin price volatility, its long-term success will depend on the firm’s ability to execute in a highly competitive and capital-intensive AI computing market.
What’s your take?

Is this AI pivot a smart, future-proof move, or a risky shift away from miners’ core expertise?

Share your thoughts below 👇

Despite a short-term rebound that pushed Bitcoin (BTC) back above $71,000, several well-known traders and analysts are warning that the broader bear market may not be finished yet. Some believe the current price action closely resembles the 2022 bear market , and if history repeats, Bitcoin could still fall toward the $50,000 range before forming a true macro bottom.
Bitcoin rebounds, but skepticism remains
Bitcoin gained nearly 3% on Sunday, extending a sharp bounce that has lifted prices roughly 20% from Friday’s 15-month lows. Data from TradingView showed BTC/USD reclaiming the $71,000 level as the weekly close approached.
However, the rebound has failed to convince many traders. Market participants remain cautious, arguing that volatility alone does not signal the end of a bear phase.
Flashes 2022-Style Warning Signals
Independent analyst Filbfilb compared the current market structure with Bitcoin’s 2022 bear market, highlighting uncomfortable similarities. Sharing charts on X, he pointed to Bitcoin’s position relative to the 50-week exponential moving average (EMA), currently near $95,300.
“I’m not going to try to dress it up any way other than how it looks,” Filbfilb said, suggesting that bulls may be underestimating downside risk.
Technical analyst Tony Severino echoed the warning, sharing multiple indicators that imply new macro lows are still likely if the pattern continues to mirror 2022.
Capitulation may still lie ahead

Another trader, BitBull, argued that Bitcoin has not yet experienced true capitulation , the phase where panic selling fully flushes out weak hands.

“$BTC final capitulation hasn’t happened yet,” he said.

“A real bottom will form below the $50,000 level where most of the ETF buyers will be underwater.”
Data from on-chain analytics platform Checkonchain shows that U.S. spot Bitcoin ETFs currently have an average cost basis of around $82,000. A drop toward $50,000 would place the majority of ETF investors deep in unrealized losses , a condition often associated with major market bottoms.
Long-term moving averages in focus
Earlier analysis highlighted another critical technical zone: the 200-week simple moving average (SMA) and 200-week EMA, which together form a long-term support “cloud” between $58,000 and $68,000.
Analyst Caleb Franzen, creator of Cubic Analytics, noted that Bitcoin’s behavior around this zone also resembles 2022.
He explained that in May 2022, Bitcoin briefly bounced after retesting the 200-week moving average cloud, convincing many bulls that the bottom was in. That rally quickly faded, and weeks later price broke decisively below the same support , leading to a deeper crash.
“What are we seeing right now?” Franzen asked.

“The first retest of the 200W MA cloud with a long wick.”
Not an exact repeat , but risks remain
While comparisons to 2022 are concerning, analysts caution that history does not repeat perfectly. Market structure, ETF participation, and macro conditions are different this cycle.
Franzen summed it up clearly:
“The reality is that no one knows what happens next.”
Bottom line
Bitcoin’s bounce above $71,000 has not convinced all tradersMultiple analysts see strong similarities to the 2022 bear marketSome expect final capitulation below $50,000Long-term moving averages remain a critical battlegroundA deeper correction is possible, but not guaranteed

#dyor #NFA

Ripple’s U.S. dollar backed stablecoin, RLUSD, has received a regulatory tailwind after the U.S. Commodity Futures Trading Commission (CFTC) expanded its framework for approved tokenized collateral on regulated futures markets.
The updated guidance allows stablecoins issued by national trust banks to qualify as eligible collateral , a change that directly benefits Ripple as it moves closer to obtaining national trust bank status in the United States.
CFTC Update Strengthens RLUSD’s Regulatory Standing
In a statement shared on X, CFTC Chair Mike Selig highlighted that the commission is broadening its eligible collateral framework following the passage of the GENIUS Act. Under the revised definition, payment stablecoins issued by national trust banks can now be used as collateral in regulated derivatives markets.
This shift is particularly meaningful for RLUSD. While Ripple’s stablecoin had already qualified as a “payment stablecoin” under earlier guidance , which covered state-regulated money transmitters and trust companies , the new framework explicitly includes national trust banks as issuers.
Ripple has already received conditional approval from the Office of the Comptroller of the Currency (OCC), positioning it to meet both state and federal trust bank standards once the GENIUS Act fully takes effect.
According to the CFTC, the clarification was issued after the commission recognized that its previous guidance unintentionally excluded national trust banks, prompting a reissuance of the relevant letter with an expanded definition.
RLUSD’s Growing Role on the XRP Ledger
Beyond regulatory developments, RLUSD continues to gain traction on-chain , particularly on the XRP Ledger (XRPL).
Data from blockchain analytics firm Messari shows that RLUSD accounted for 58.6% of the total token market capitalization on XRPL by the end of Q4 2025, up sharply from 27.9% in the previous quarter. The stablecoin’s market cap on XRPL grew 187% quarter-over-quarter, while the number of holders rose by 4.3%.
RLUSD closed 2025 with approximately $235 million in market cap on XRPL and has since climbed to around $246 million on the network.
Expanding Adoption Across Chains and Regions
RLUSD’s growth is not limited to the XRP Ledger. According to market data, the stablecoin’s combined supply across XRPL and Ethereum now approaches $1.5 billion, placing it among the top 50 cryptocurrencies by market capitalization.
Adoption received another boost after Binance listed RLUSD on Ethereum, significantly expanding its accessibility and liquidity.
Ripple has also strengthened its international footprint by securing an Electronic Money Institution (EMI) license in the European Union, enabling the company to offer regulated digital payment services across EU member states , a move expected to further accelerate RLUSD’s adoption in global payments and settlement use cases.
What This Means for Ripple and XRP
The convergence of regulatory clarity, institutional-grade compliance, and rising on-chain usage places RLUSD in a strong position within the evolving stablecoin landscape. As Ripple continues to align itself with U.S. and international regulatory frameworks, RLUSD is increasingly positioned as a compliant, enterprise-ready stablecoin , reinforcing the broader utility of the XRP Ledger ecosystem.

Shares of Galaxy Digital surged 18% to $19.90 on Friday after the firm authorized a share repurchase program of up to $200 million, a move that investors read as a strong vote of confidence in the company’s balance sheet and long-term outlook.
The buyback plan allows Galaxy to repurchase its Class A common stock over the next 12 months. Purchases may be made in the open market, through privately negotiated transactions, or via other mechanisms such as Rule 10b5-1 trading plans. The company also noted that it retains flexibility to pause or discontinue the program depending on market conditions and capital needs.
A Signal of Confidence After a Volatile Week
The announcement comes on the heels of a turbulent earnings week. Galaxy reported a fourth-quarter net loss of $482 million, which initially pressured the stock. However, management emphasized that the headline loss masks underlying strength in the business.
For the full year, Galaxy generated $426 million in adjusted gross profit and closed the year with $2.6 billion in cash and stablecoins, highlighting ample liquidity and capital flexibility.
Share repurchase programs are often interpreted as a signal that management believes the stock is undervalued. By reducing the number of shares outstanding, buybacks can also support earnings per share and provide downside support during periods of market volatility.
“We are entering 2026 from a position of strength, with a strong balance sheet and continued investment in Galaxy’s growth,” said Mike Novogratz, founder and CEO of Galaxy. “That foundation gives us the flexibility to return capital to shareholders when we believe our stock doesn’t reflect the value of the business.”
Investors appeared to agree. The sharp rally suggests the market welcomed the buyback as reassurance that Galaxy’s fundamentals remain intact despite short-term earnings noise.
Broader Market Tailwinds
Galaxy’s rally came amid a broader risk-on move across crypto and equity markets. Bitcoin climbed back above $70,000, while ether reclaimed the $2,000 level over the past 24 hours. Crypto-linked equities also participated in the upside, with Coinbase shares rising more than 10% to around $163.
In traditional markets, the Dow Jones Industrial Average crossed the 50,000 mark for the first time, reinforcing a generally positive tone across asset classes.
Bottom Line
After a week dominated by earnings volatility, Galaxy Digital’s $200 million buyback authorization has shifted the narrative. The move underscores management’s confidence in the firm’s valuation and balance-sheet strength and the market’s 18% rally suggests investors are buying into that message.

Crypto’s “wild west” era for companies is ending as digital asset treasuries enter a new phase of normalcy, writes Jolie Kahn of AVAX One.
For a brief moment, the digital asset treasury (DAT) was Wall Street’s newest obsession. Announce a bitcoin purchase, spark headlines, and watch the stock price react.
That moment has passed.
In 2026, the novelty has worn off and that’s a good thing. The market has learned that simply holding crypto on a balance sheet is not a business model. The era of easy wins from “passive accumulation” is fading, replaced by tougher questions about governance, risk, and long-term sustainability.
From hype to hard questions
The early DAT playbook was simple: raise capital, buy crypto, and hope prices go up. During bull markets, it looked brilliant. During volatility or downturns, it exposed a structural flaw , many public companies were effectively behaving like unregulated hedge funds, without the risk controls of a fund or the governance standards expected of a public issuer.
As annual reporting deadlines approach, the cost of that strategy is becoming clear. Accumulation alone is not strategy; it’s speculation.
Having overseen billions of dollars in capital raises , including serving as General Counsel at MARA Holdings during its rise to a multi-billion-dollar valuation—I’ve seen firsthand that disciplined capital allocation matters. Without it, shareholder value is left to chance.
The danger of the “blind buy”
Most DATs have followed a single mandate: raise cash, buy assets, hold. That approach offers upside in strong markets but exposes shareholders to severe downside during corrections.
Investors , both retail and institutional , are now asking sharper questions:
Why this asset and not another?How is liquidity managed?What are the protocol-specific risks?What happens if the strategy stalls?

Too many disclosures still rely on generic risk language, warning about volatility or hacks without addressing the unique risks of the specific assets held. The next generation of DATs will need to go further to earn credibility.
Turning annual reports into strategy narratives
As filing deadlines loom, DATs must rethink how they communicate with investors. An annual report should not recycle boilerplate risk factors pulled from EDGAR. It should tell a coherent story about capital allocation, trade-offs, and resilience.
A mature DAT explains why capital is allocated to AVAX or Bitcoin instead of R&D or marketing , and how the business generates revenue beyond asset appreciation. It also discloses safeguards that prevent the treasury from becoming a single point of failure.
Governance as competitive advantage
The next wave of successful DATs will be defined not by how much crypto they hold, but by how well they govern it.
At AVAX One, we chose a different path. Rather than announcing a DAT pivot unilaterally, we sought explicit shareholder approval for our digital asset strategy. More than 96% of voting shareholders approved the move.
That mandate wasn’t just permission to hold crypto , it was an endorsement of governance. It provided legitimacy that “blind buy” strategies lack and enabled us to support fintech development within the Avalanche ecosystem with clarity and accountability.
Regulation as a shield, not a threat
Public DATs also operate within an unavoidable regulatory reality. While regulation is often seen as an obstacle, for public companies it can be a powerful form of protection.
Disclosure obligations imposed by the U.S. Securities and Exchange Commission force transparency, discourage excess, and help distinguish serious operators from opaque entities. Embracing these standards builds credibility and reassures shareholders that risks are understood and managed.
The next phase of DATs
The speculative chapter of digital asset treasuries is closing. What comes next is normalization , where DATs are judged not on headlines, but on governance, disclosure, and durability.
The market will reward companies building disciplined, well-governed financial fortresses , and penalize those merely collecting coins.

China has moved to further restrict stablecoin activity, tightening controls on yuan-backed digital assets at a time when the United States is pushing for regulatory clarity to strengthen its leadership in the global crypto market.
China Blocks Offshore Yuan-Backed Stablecoins
According to a report by Bloomberg, Chinese regulators have barred both domestic firms and overseas entities under Chinese control from issuing yuan-backed stablecoins without official approval. The new rules also prohibit the offshore issuance of such stablecoins altogether.
The directive was issued jointly by the People’s Bank of China and seven other government agencies. Regulators cited risks to China’s monetary sovereignty as the primary reason, warning that unauthorized stablecoin issuance could undermine capital controls and financial stability.
This move aligns with China’s long-standing hardline stance on crypto, even as it experiments cautiously with digital finance under strict state oversight.
U.S. Pushes for Clarity as China Tightens Control
While China is closing doors, the U.S. is attempting to open them , under regulation. U.S. Treasury Secretary Scott Bessent recently urged Congress to pass the CLARITY Act during a Senate Banking Committee hearing.
Bessent stressed that meaningful progress in the crypto sector is impossible without clear legislation, calling on lawmakers to “get it across the finish line.” His comments come as the bill faces delays amid negotiations and proposed amendments from the crypto industry.
Some crypto firms have suggested allowing community banks to hold stablecoin reserves or issue stablecoins through partnerships to accelerate adoption. Senator Cynthia Lummis has also indicated that the bill remains on track, noting that Senate Majority Leader John Thune plans to allocate floor time later this spring.
Is China Building Alternative Digital Assets?
During the same hearing, Bessent addressed speculation that China may be developing digital assets backed by alternatives to the yuan, including gold. While he said he had no direct confirmation, he acknowledged it would not be surprising, especially given China’s regulatory “sandbox” environment in Hong Kong.
However, Bessent emphasized that the U.S. has no plans to issue a central bank digital currency (CBDC). Instead, the focus remains on empowering the private sector through clear rules under the GENIUS Act and CLARITY Act.
“I think the world is going to choose the U.S. dollar and the private sector , a well-regulated choice that U.S. stablecoins will provide,” he said.
Bitcoin Reserves and the Bigger Picture
At a separate House hearing earlier this week, Bessent reiterated plans to use confiscated bitcoin to build a strategic Bitcoin reserve. He clarified, however, that the Treasury has no authority to compel banks to purchase bitcoin, distancing the policy from any notion of a government-led crypto bailout.
Final Take
China’s tighter stance on stablecoins highlights its focus on protecting monetary control, while the U.S. is working toward regulatory clarity to support private-sector innovation. As both countries take different paths, their policy choices will play a key role in shaping the future of global digital finance.

A renewed wave of geopolitical tension is adding fresh uncertainty to already-volatile crypto markets after a U.S. advisory urging American citizens to leave Iran began circulating again online.
While U.S. officials have clarified that the advisory is not new , it was first issued in mid-January , its reappearance comes at a sensitive moment. The warning is resurfacing just as the U.S. and Iran prepare to hold nuclear talks in Oman, reviving concerns across global risk markets.
Timing matters more than novelty
From a market perspective, the key issue is not whether the advisory is recent, but when it is resurfacing. The renewed attention coincides with heightened rhetoric, including public warnings from Donald Trump and strong responses from Tehran, where officials have threatened retaliation in the event of military action against Iran or its leadership, including Supreme Leader Ayatollah Ali Khamenei.
In isolation, the advisory might have had limited impact. But in the current environment , marked by fragile sentiment, heavy leverage and thin liquidity , geopolitical headlines are carrying outsized influence.
Bitcoin behaving like a risk asset
Bitcoin’s recent price action suggests it is behaving less like a traditional safe haven and more like a high-beta risk asset, similar to technology stocks. Rather than attracting inflows during periods of geopolitical stress, bitcoin has tended to sell off alongside other speculative assets.
This shift has become more pronounced following a week of liquidation-driven selling, where forced unwinding of leveraged positions amplified downside moves. With positioning still stretched, even ambiguous or recycled headlines can trigger rapid price swings, particularly in perpetual futures markets.
Historically, assets like gold or government bonds have benefited during geopolitical flare-ups. Crypto, by contrast, has seen investors step back, favoring perceived safety over volatility.
Geopolitics as a volatility trigger, not a signal
Traders are increasingly viewing geopolitical developments as volatility catalysts rather than directional signals for crypto prices. In other words, headlines related to U.S.-Iran tensions are more likely to increase short-term price swings than define a clear bullish or bearish trend.
If the nuclear talks in Oman proceed smoothly, market anxiety around Iran may fade quickly. However, in a market still digesting recent losses and operating with fragile confidence, even temporary uncertainty can fuel sharp reactions.
A fragile market environment
The broader takeaway is that crypto markets remain vulnerable. When liquidity is thin and leverage is high, headlines , even recycled ones , can act as accelerants, pushing prices sharply in either direction.
For now, traders appear cautious, treating geopolitics as another source of noise capable of shaking prices, rather than a fundamental driver of long-term value.

Strategy, the world’s largest publicly traded corporate holder of bitcoin, is facing a sharp rise in unrealized losses on its cryptocurrency holdings as bitcoin prices continue to slide. Despite the drawdown, the company’s shares continue to trade at a premium relative to the value of its underlying assets, highlighting investor confidence in its long-term bitcoin strategy.
The company currently holds 713,502 bitcoin, acquired at an average price of $76,052 per coin. With bitcoin recently trading near $67,000, Strategy is sitting on an unrealized loss of approximately $6.5 billion, equivalent to about 12% below its average purchase price.
Shares tumble ahead of earnings
Strategy’s stock fell roughly 13% in a single session, marking its steepest one-day decline in nearly a year. The shares are now down about 66% year-over-year and close to 80% from their record high reached shortly after the U.S. presidential election in November 2024.
The selloff comes just ahead of the company’s fourth-quarter earnings report, scheduled after market close. While no major surprises are expected in the financial results themselves, investors are closely watching management commentary amid renewed volatility in the bitcoin market.
Trading above the value of its bitcoin
Despite the sharp decline in both bitcoin prices and Strategy’s stock, the company continues to trade at a premium to the value of its bitcoin holdings. This metric, commonly referred to as the multiple of net asset value (mNAV), remains above one , currently around 1.09.
That premium is significant. It suggests the market is valuing Strategy not simply as a passive holder of bitcoin, but as a leveraged vehicle with optionality tied to future bitcoin accumulation. As long as the premium persists, Strategy may be able to issue additional common stock to purchase more bitcoin without meaningfully diluting existing shareholders.
This dynamic has been central to the company’s strategy under Executive Chairman Michael Saylor, who has repeatedly framed bitcoin volatility as a feature rather than a flaw of long-term adoption.
Preferred equity also under pressure
Pressure is also evident in Strategy’s preferred equity offerings. STRC, the company’s perpetual preferred instrument marketed as a high-yield, money-market-style product, is trading near $95, below its $100 par value.
If STRC fails to recover to par by the end of the month, its dividend rate is expected to increase by 25 basis points, bringing the yield to approximately 11.5%. A similar dynamic is playing out in the broader market, with comparable perpetual preferred products also trading below par and facing potential dividend adjustments.
Market sentiment versus long-term conviction
The current environment reflects a broader tension in crypto-linked equities: short-term price pressure versus long-term conviction. Falling bitcoin prices have weighed heavily on Strategy’s valuation, yet the stock’s continued premium suggests investors still believe in management’s thesis and its ability to use capital markets creatively.
As bitcoin volatility persists, the company’s earnings call may offer further insight into whether Strategy plans to continue expanding its bitcoin holdings or whether it will pause amid one of the most challenging drawdowns since adopting its aggressive accumulation strategy.
For now, the numbers show a company deep in unrealized losses, but still trading as a vehicle many investors are willing to value above the raw worth of its assets.

BitMine Immersion Technologies, the world’s largest Ethereum-focused treasury company, is now sitting on close to $8 billion in unrealized losses after ether fell below the $2,000 mark on Thursday.
The firm, chaired by well-known Wall Street strategist Thomas Lee, has accumulated roughly 4.29 million ETH at an estimated cost of $16.4 billion. With ether trading under $2,000, the value of that holding has dropped to around $8.4 billion, according to data from DropStab.
Shares Sink as Investor Concerns Grow
BitMine’s stock, which trades under the ticker BMNR, extended its slide on Thursday, falling about 9% to a fresh low. The shares are now down approximately 88% from their July peak, reflecting growing investor unease around the company’s concentrated exposure to ether and the ongoing decline in crypto prices.
The selloff marks one of the sharpest drawdowns since the firm pivoted to an Ethereum-centric treasury strategy, a move that initially drew significant attention during the market’s more optimistic phase.
No Forced Selling Pressure, Company Says
Despite the scale of the losses on paper, BitMine maintains that it is not under any immediate pressure to sell its ether holdings. Unlike several other crypto treasury firms, BitMine funded its ETH purchases primarily through equity issuance rather than debt, meaning it does not face margin calls or restrictive debt covenants tied to price levels.
According to the company, this structure allows it to hold through periods of volatility without being forced to liquidate assets at unfavorable prices.
Staking Income and Cash Buffer Provide Support
In addition to its ETH holdings, BitMine reported holding approximately $538 million in cash. The firm has also begun generating recurring income by staking more than 2.9 million ETH, providing an additional source of yield even as spot prices remain under pressure.
“There is no pressure to sell any ETH at these levels, because there are no debt covenants or other restrictions,” Lee said in a statement. He added that BitMine is positioned to withstand crypto market volatility while continuing to earn staking rewards on its holdings.
Outlook
BitMine’s situation highlights the risks of large, single-asset treasury strategies during prolonged downturns. While the company’s balance-sheet structure gives it flexibility to wait out market cycles, the steep decline in both ether prices and BMNR shares underscores how sensitive investor sentiment remains to crypto market swings.
For now, BitMine appears committed to holding its Ethereum position, betting that long-term recovery and staking income will eventually offset the current drawdown.