Galaxy Research, those wise men from the city, say the miners are hurting. Their profits, once as fat as a prize hog, have withered to the bone. Some have already thrown in the towel, unplugging their rigs and walking away from the dream. The rest cling on, their fingers raw from gripping the edge of the cliff, hoping for a miracle.
The rank and file, as Fortune describes, comprises one hundred firms and protocols, ranged across ten divisions of ten each, assembled by the diligence of Inca Digital and the opinions of a survey of crypto sages. The editors profess a “suit-and-tie era” has arrived upon crypto’s stage, and the arrangement of names-BlackRock beside the industry’s own pioneers-lends some degree of propriety to a situation most unusual.
In a notice of security incident shared with the Office of the California Attorney General, Texas Capital Bank says that a data breach exposed the sensitive personal information of its clients.
According to the eggheads at GoPlus Security, this blighter concocted a custom SPL token and jiggled about with the liquidity withdrawal process. Before you could say “Jeeves, fetch my monocle,” he’d drained several inactive pools and scarpered off to other blockchain networks. Jolly clever, if a bit underhanded, eh?
The selling pressure has driven Bitcoin to a 2026 low below $60,000, a fall as dramatic as a protagonist’s downfall in a Turgenev novel. Yet, Fabian Dori, chief investment officer at the Swiss digital asset bank Sygnum, remains unconvinced by this narrative, his skepticism as sharp as a well-crafted epigram.
Yet, amidst the gloom and the doom-mongers, a few clever clogs are whispering that a turnaround might be nigh. Yes, you heard it here first, folks: the crypto equivalent of a phoenix rising from the ashes (or perhaps just a soggy pigeon shaking itself off).
Speaking with the utmost gravity to Natalie Brunell on Coin Stories, Miss Oldenberg tempered her enthusiasm with a cautionary note, suggesting that such a feat would require either the patience of a saint or a cataclysmic upheaval in the traditional markets. She envisions the progression of Bitcoin not as a sudden leap, but as a gradual ascent, much like the slow unfolding of a well-crafted novel. Product access, adviser education, custody infrastructure, and client demand, she assures us, shall be the pillars upon which this edifice is built. Morgan Stanley, ever the prudent steward, continues to expand its footprint in this realm, through its spot ETF, wealth management, and e*Trade presence.
Bitcoin rose Thursday, its dominance rate swelling like a proud rooster in a barnyard. The BTC price climbed 2.4% in 24 hours, settling around $62,800. The CoinDesk 20 Index (CD20) added 2.3% to 1,690, while the CoinDesk Memecoin Index (CDMEME) led the charge with a 2.7% increase. Memes, the true backbone of the economy.
According to the galactic scribes at crypto.news, XRP gained a whopping 0.72% in 24 hours, which is about as impressive as a fish riding a bicycle. Over seven days, it’s down 4.47%, and over the past month, it’s plummeted 23.86%. So, yeah, it’s not exactly having a great time at the intergalactic party.
The TD Sequential, that fickle mistress of market sentiment, has spoken. The same indicator that foretold DOGE’s recent calamity now hints at a rebound. But oh, the irony! Can we trust the very tool that led us astray?