Digital Asset Treasuries losing their shine: valuation premiums are falling!
Investors might be tapping out on demand, while sponsors keep flooding the market with new DATs. Supply ↑, appetite ↓
Is the treasury bubble leaking? 💭

👀 Rumor has it @PanteraCapital ’s 2nd Digital Asset Treasury fund round could raise $250M!
DATs are like rehypothecated investment trusts of the 1920s - leveraged to the hilt & reminiscent of structures that fueled the 1929 crash
Not funny, but a fact: cycles always repeat

Green But Red

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Author: haotian
Many people undoubtedly feel the reluctance to miss out on @PlasmaFDN and are eagerly anticipating Tether's stablecoin chain, @Stable. Of course, many are also confused: Why is @Tether_to pursuing a dual-edged strategy of Plasma and Stable? Will Stable issue a token? What exactly is the purpose of Tether, the king of stablecoins? Let me share my understanding:
Simply put: Tether, through its dual-edged strategy of Plasma and Stable...

How does Plasma+Stable end the era of easy profits for Ethereum and Tron?

Story Highlights
CZ clarified he and Binance do not officially back Aster DEX despite circulating rumors.
Meanwhile, YZiLabs, CZ’s venture firm, holds a minor stake, not a full project backing.
Aster ...

CZ Clarifies Binance Has No Official Role in Aster DEX’s Rapid Growth

As September draws to a close, Bitcoin prices fluctuate around $109,000, and market sentiment quietly shifts toward anticipation of an "Uptober" rally.

This seasonal phenomenon is not unfounded; historical data shows that October is often one of Bitcoin's strongest months of the year. However, this year's market environment presents a complex mix—while September didn't experience its traditional "curse," heightened intra-month volatility, large-scale ETF outflows, and macroeconomic policy uncertainty have cast a shadow over the outlook for the fourth quarter. This article will examine historical patterns, current market dynamics, the interplay of bullish and bearish factors, and...