Ether, XRP, and Dogecoin Lead Crypto Selloff as Tech Stocks Slide
Ether, XRP, and Dogecoin led a broad crypto market decline as weakness in global technology stocks weighed on digital assets.
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Ether, XRP, and Dogecoin led a broad crypto market decline as weakness in global technology stocks weighed on digital assets.
Ethereum fell to around $1,700, leaving a five-year buy-and-hold investment down roughly 36%.
Major corporate crypto holders are facing multibillion-dollar paper losses as Bitcoin and Ether prices decline.
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Trend Research reports a $747 million loss after selling most of its Ethereum holdings at sharply lower prices.
Goldman Sachs reports holding over $2.3 billion in crypto, led by $1.1 billion in Bitcoin and $1 billion in Ethereum.
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BitMine posts $6.6 billion in unrealized Ethereum losses, approaching one of the largest trading drawdowns on record.
BitMine allocates $200 million to Mr Beast Industries, blending creator economy growth with crypto-linked institutional investment.
DZ Bank secures MiCAR approval to launch meinKrypto, offering regulated access to major cryptocurrencies across the EU.
BPCE will introduce in-app crypto trading to 12 million customers, starting with a pilot for 2 million users across four regional banks.
Kevin O’Leary says most altcoins are already “gone,” arguing Bitcoin and Ethereum are the only long-term survivors.