Cardano Founder Lost $3 Billion But Won’t Sell—’I Don’t Care If I Lose It All’

Cardano (CRYPTO: ADA) founder Charles Hoskinson revealed his personal crypto holdings have depreciated by over $3 billion but refuses to sell, but he refuses to sell—telling viewers during a livestream from Tokyo that he doesn’t care if he loses it all.

The $3B Loss And Why He Won’t Sell

Hoskinson addressed critics who say wealthy founders can easily hold through downturns.

He revealed losing over $3 billion in unrealized losses and admitted cashing out would have been easy, but dismissed the idea entirely.

His reasoning: “Do you think I honestly care if I lose it all? Do you think I’m doing this for money? You’re pretty mistaken if you do.”

Crypto represents the only viable path…

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Crypto-Related Stocks Surge Following Thursday’s Bloodbath – Coinbase Global (NASDAQ:COIN)

Cryptocurrency-exposed stocks mounted a recovery in Friday’s premarket session after suffering double-digit losses Thursday, as Bitcoin (CRYPTO: BTC) rebounded 7.86% to trade at $65,760.87.

Mining Stocks Lead Recovery

MARA Holdings Inc (NASDAQ:MARA) surged 7.88% to $7.26 in premarket trading after plummeting 18.72% on Thursday. Strategy Inc (NASDAQ:MSTR), known for its substantial Bitcoin holdings, jumped 8.36% to $115.93 following Thursday’s brutal 17.12% selloff that came despite beating analyst estimates on fourth-quarter revenue and earnings per share.

Hut 8 Corp (NASDAQ:HUT) led the recovery with an 8.68% premarket gain to $48.34 after Thursday’s devastating 17.89%… Read more on Benzinga

Bitcoin Slides To $65,000 As Liquidations Hit $2 Billion; Ethereum, Dogecoin Sink, XRP Holds Steady – Grayscale Bitcoin Mini Trust (BTC) (ARCA:BTC), Grayscale Ethereum Staking Mini ETF Shares (ARCA:ETH), Bitwise XRP ETF (ARCA:XRP)

Bitcoin slid roughly 8% in a day to $65,000, pushing the crypto sentiment index to Extreme Fear (5); liquidations stand at $2.60 billion over the past 24 hours.        

Bitcoin ETFs saw $434.2 million in net outflows on Thursday, while Ethereum ETFs reported $80.8 million in net outflows.

Slight Rally Can Lead To Large Wick

Crypto trader Jelle said Bitcoin has entered the lowest quarter of its eight-year price channel and is nearing its lower boundary. Major channel support sits in the $50,000–$55,000 range, an area he views as critical.

Michael van de Poppe noted Bitcoin plunged below $60,000 almost instantly, marking a sharp two-week correction. Price is now hovering near the…

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Anthony Scaramucci Points To $193 Million War Chest As Catalyst For Chuck Schumer’s Crypto Push: ‘Money Talks’

SkyBridge Capital founder Anthony Scaramucci is crediting a massive surge in industry campaign funding for a sudden shift in legislative urgency, as Senate Majority Leader Chuck Schumer reportedly intensifies efforts to pass a comprehensive crypto market structure bill called the CLARITY Act.

The $193 Million Catalyst

The sudden acceleration of the crypto market structure bill follows a closed-door meeting on Wednesday where Schumer reportedly urged Senate Democrats to get the legislation “over the finish line.”

The urgency is directly linked to an announcement by the crypto PAC (Political Action Committee) Fairshake, which has amassed a $193 million war chest for the 2026 midterms.

Benzinga

Short-Seller Andrew Left Blasts Michael Saylor’s ‘Bitcoin Reactor’ As Q4 Losses Mount: ‘More Jargon…More Nonsense’ – Strategy (NASDAQ:MSTR)

Jargon Vs. Reality

The dispute centers on Executive Chairman Michael Saylor’s recent descriptions of his firm as a “Bitcoin treasury company” powered by a “Bitcoin reactor.” Left fired back via social media, mocking the terminology used to justify the company’s massive debt-fueled acquisition strategy.

“I admit when I heard it I thought maybe I am ignorant and don’t understand, turns out the more jargon the more nonsense,” Left stated. The “nonsense” Left refers to includes Saylor’s claims that Strategy can “strip the volatility” off fixed-income securities and generate a “BTC spread” of up to 90%.

While Saylor previously bragged, “We’re making 500 million a…

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Bitcoin Price Plunges 50%, Drawdown Nears FTX-Era Crash

Bitcoin price is experiencing one of the most dramatic selloffs in its history Thursday, sliding sharply through key support levels and sparking massive liquidations in the derivatives market. 

According to Bitcoin Magazine Pro data, the world’s largest cryptocurrency crashed through critical floors, dipping towards the $62,000 floor, marking the largest raw dollar drawdown ever recorded for BTC.

The October 2025 all-time high above $126,000 now sits roughly $63,000 above current bitcoin price levels, as panicked selling intensified across exchanges. 

This drawdown is now 50% from all-time highs and places it alongside some of Bitcoin’s most extreme historical…

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