Evernorth’s unrealized XRP losses expose mounting pressure on DATs: CryptoQuant
The latest crypto downturn is hammering companies that built their business models around holding digital assets.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
The latest crypto downturn is hammering companies that built their business models around holding digital assets.
Why this matters
This altcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
Arthur Hayes Holds 7,213 ETH as FOMC Jitters Drives Ethereum Price Drop
Arthur Hayes added 3,298 ETH worth $6.39 million on July 28, roughly three hours before Ethereum’s spot price slid from $1,960 to...
Three key demand drivers stall at once, leaving Bitcoin’s $64,000 support to long-term holders
Bitcoin entered today (July 29) with three demand channels losing momentum near $64,000. Four consecutive US spot Bitcoin ETF sess...
Senate Democrats press Meta on AI safeguards as crypto scam losses mount
Stricter AI content rules could reshape crypto marketing, increasing costs and driving demand for advanced fraud detection and ide...
Bitcoin miners pour billions into AI – but the pivot could leave them regretting it within a year
Bitcoin miners are redirecting billions of dollars and scarce power capacity toward artificial intelligence as BTC’s downturn push...
101 crypto projects shut down in 2026, DeFi leads losses
The 2026 crypto project shutdowns highlight the urgent need for sustainable business models and profitability in the evolving mark...
Crypto losses from security incidents in the first half of 2026 exceeded $1 billion across 212 incidents, marking the highest total for any six-month period
The surge in crypto security breaches is undermining market confidence, prompting industry consolidation and raising concerns over...