CaptainAltcoin

MicroStrategy’s long-running Bitcoin strategy is under heavy pressure as the crypto market continues to struggle. New figures shared by The Kobeissi Letter show the company is now carrying an unrealized loss of roughly $10.8 billion on its Bitcoin holdings. That’s the largest paper loss MicroStrategy has recorded since it started buying Bitcoin more than six years ago.

A funny thing happens during every crypto cycle. Investors spend months searching for the next rocket, then suddenly realize the launchpad is already empty. While major cryptocurrencies continue navigating market turbulence, many participants are once again scanning the horizon for opportunities that remain early in their development. Dogecoin and Pepe still command attention...

Crypto investors have had little to celebrate this year. The market just keeps sliding, and each little bounce hits a wall of selling right away. Bitcoin lost another 4%, now trading around $63,000 to $64,000. In just one day, over $1.1 billion in leveraged trades got cut loose, mostly from bullish traders, who had about $945 million in long positions cashed out.

It...

Zcash has been one of the most surprising coins in crypto this year. The ZEC price fell 13.6% in one day to $520.63. But the bigger picture is still hard to ignore. Analysts have been watching a key support zone between $500 and $...

The Cardano (ADA) price is down 10.20% to $0.19169 in 24 hours, underperforming a falling broader market. This move is driven by founder warnings and ecosystem distress. The whole crypto market cap fell 3.26%, with Bitcoin down 3.21%.

But ADA’s decline was over three times larger. That tells you it acted as a high-beta asset in a risk-off move, but coin-specific ne...