By Emir Abyazov Key highlights: $450B erased from markets within minutes after Trump’s post Bitcoin and altcoins plunged as traders rushed for safety Soybean tensions deepen US-China trade and political rift China remains the world’s largest soybean buyer, but in recent years it has sharply reduced imports from the US, turning instead to Brazil and […]
Tag: Beijing
By Marco Piccolo Key highlights: Metaplanet’s market-to-Bitcoin net asset value (mNAV) has fallen below 1.0, signaling its stock trades at a discount to its Bitcoin reserves. The Japanese company holds 30,823 BTC worth approximately $3.5 billion, yet its share price has declined over 74% from its peak. Broader market fears, including escalating U.S.-China trade tensions, […]
By Emir Abyazov Bitcoin crash sparks $900B selloff as gold soars past $4,000 The largest cryptocurrency collapse in history The crypto market has experienced its largest-ever crash, sending shockwaves across global finance. On October 10, forced liquidations reached $19.31 billion — more than ten times the losses seen during the COVID-19 crash and the FTX […]