Looking at the daily chart, Bitcoin has clearly fallen below a significant upward trend that had been holding the price up for most of the year. This drop gained momentum after the price fell below $70,000, and the price then fell around $10,000 in just four days.
Through the prism of a tweet-that ephemeral oracle of our times-Glassnode reveals a sobering truth: the conduits of TradFi, once brimming with the elixir of speculative hope, now run dry. Treasury vehicles and exchange-traded funds (ETFs), those gilded chariots of financial aspiration, have seen their volumes wither like autumn leaves in a frosty wind. The numbers, cold and unforgiving, tell a tale of retreat.
In October 2025, this venerable institution, with its centuries of wisdom (or so they claim), filed for regulatory approval of a multi-asset crypto ETF. Their first foray into the cryptocurrency space, you say? How quaint! As if the crypto world were a wild frontier, and T. Rowe Price, the intrepid explorer, armed with nothing but a ledger and a dream. Oh, the drama of it all!
The company anticipates these contracts will be available for trading within 30 days on Bitnomial, a regulated exchange overseen by the CFTC. Bitnomial is now part of Payward, the company that owns Kraken, which gives Kraken a regulated trading platform within the United States for a product traditionally found on overseas cryptocurrency exchanges.
Ah, DEXE, thou fickle token of the DeXe Protocol, trading at a mere $17.19 on this fine Saturday, having shed a quarter of thy value from thy recent peak. A dramatic fall, you say? Nay, ’tis but a farce played out by the whims of leverage, liquidity, and the ever-shifting sands of crypto fortune.
With the rocket‑builder now officially listed, Saylor proclaims that a quarter of his self‑styled “Mag8” – the Magnificent Seven plus SpaceX – now clutch Bitcoin on their balance sheets.
According to Lookonchain, the attacker has made approximately $30.83 million by selling H tokens – earning 18,510 ETH and $924,000 in BNB. They still possess H tokens valued around $14 million (111.36 million tokens), which they could sell at any time. However, there’s limited liquidity available on the blockchain currently.
In a research note as florid as a Victorian novel, Kendrick frames this low as a 53% retracement from Bitcoin’s all-time high of $126,000, a figure as fantastical as a fairy tale. The date? October 6, 2025. One can only imagine the crypto enthusiasts marking their calendars with the fervor of a debutante awaiting her first ball.
The current cap, a mere $20 million in frxUSD, seems but a drop in the ocean of their ambition. Should this proposal pass, Frax would gain the latitude to deploy its capital more freely into Aave v4, a move they claim will bolster their lending and distribution strategy. Ah, the grandeur of it all-a chess game played with millions, where each move is scrutinized by the invisible hand of governance.