MicroStrategy wannabes and the return of mNAV mania
Crypto traders invented the term ‘mNAV,’ a simplistic ratio to explain how much they overpay for crypto holdings. It can exceed 8X.
Crypto traders invented the term ‘mNAV,’ a simplistic ratio to explain how much they overpay for crypto holdings. It can exceed 8X.
Crypto exchanges report around $55M in RLUSD volume over the last 24 hours — 99.4% less than Circle’s $9.8B for its much larger USDC.
The DOGE aide and Consumer Financial Protection Bureau official is reportedly involved in layoffs that may boost his BTC and Tesla holdings.
Bitcoin developers are arguing furiously about setting standards for the use of OP_Return for non-financial data storage.
Although the Ethereum Foundation emphasizes its board of directors and shared oversight, Vitalik Buterin’s voting power remains a mystery.