Abracadabra’s MIM crisis deepens as dollar peg breaks again
Abracadabra has started emergency measures after Magic Internet Money, its dollar-pegged MIM stablecoin, slid sharply below its $1 target. Summary MIM’s 50% slide pushed Abracadabra...
Tag : Breaks
Bitcoin price breaks below $60K support, can bulls prevent a deeper crash?
Bitcoin price has fallen to a make-or-break support zone near $59,000 after losing a key Fibonacci level that traders viewed as the last major defense...
Canaan breaks efficiency record while one-third of capacity sits idle
Canaan has achieved a record fleet efficiency of 17.9 J/TH in North America even as roughly 36% of its installed mining capacity remained inactive at...
ETH crash to $1K looms if key support breaks: Will futures traders step in?
The Ether (ETH) futures market saw its open interest (OI) on Gate.io fall by 45% to levels last seen in April 2025. At the same...
Strategy breaks four-year Bitcoin buying streak with surprise sale
Strategy has ended a nearly four-year stretch of uninterrupted Bitcoin accumulation after selling 32 BTC for $2.5 million during the final week of May. Summary...
Michael Saylor breaks silence after Strategy’s $2.5M Bitcoin sale
Strategy has put STRC at the center of its latest capital story after selling 32 Bitcoin to help fund preferred stock distributions. Summary Strategy sold...
Ethereum price breaks below $2,000 support, could $1,800 be next?
Ethereum price has fallen below the key $2,000 support level as institutional outflows, geopolitical tensions, and a bearish technical breakdown weigh on market sentiment. Summary...
Silvergate’s Fraher breaks silence on settlement with Gensler’s SEC
The former chief risk officer of Silvergate revealed she made the decision to settle with the US securities regulator in 2024 to avoid a “multi-year...
Solana News: Amundi Breaks Into Solana – Europe’s Largest Asset Manager Launches SOL UCITS Fund
Solana News: Europe’s largest asset manager just put Solana in the same conversation as Ethereum and Bitcoin for institutional allocation. Amundi, €2.4 trillion AUM, a...
Ethereum traders warn of a ‘nasty’ ETH price drop if $2K support breaks
Market analysts say Ether’s (ETH) price may drop to $1,000 if a breakdown from a bearish chart pattern is confirmed. Key takeaways: Ether’s bear flag...