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, […]
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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 […]
By coinspy Key Points The exchange defended its actions as necessary to preserve solvency and prevent bad debt, emphasizing full on-chain transparency. Critics, including Crypto.com CEO Kris Marszalek, called for regulatory scrutiny of exchanges with unusually high liquidation volumes. Hyperliquid’s CEO Jeff Yan argued that other platforms underreport liquidations due to limited data sharing, suggesting […]