crypto prices
Coverage of crypto prices in the Nexus archive.
- Intesa Sanpaolo slashed IBIT stake by 94% in 2Q, tripled ether ETF holding as crypto prices slumped
Intesa Sanpaolo slashed its IBIT stake by 94% in Q2 and tripled its ether ETF holdings as crypto prices slumped.
- Franklin Crypto CIO says crypto prices are disconnected from fundamentals
Franklin Crypto's CIO claims that cryptocurrency prices are not aligned with their underlying fundamentals. The statement highlights a perceived disconnect between market valuation and core metrics.
- Hyperliquid treasuries stand alone in profit as legacy crypto DATs bleed billions
Hyperliquid treasuries are the only crypto treasury firms reporting profits as crypto prices decline, while entities like Strategy and Bitmine experience evaporating paper gains. Legacy crypto DATs are losing billions amid the market downturn.
- Hyperliquid Gains Counter $216 Million Q1 Loss at Novogratz's Galaxy Digital
Galaxy Digital reported a $216 million Q1 loss due to declining crypto prices, but Hyperliquid partially offset these losses. CEO Mike Novogratz attributed the balance sheet strain to the broader crypto market downturn.