The Bitcoin Treasury Bubble Pops as Sequans Puts the “Sell” in “Self-Sabotage”

In what might be the beginning of the end, or merely a bizarre interlude of chaotic unpredictability in the crypto theater, Paris-based Sequans (SQNS) is the first bitcoin treasury darling to dump its shiny, digital gold. The company’s decision, laid bare during their third-quarter earnings report on Tuesday, revealed that 970 bitcoin were parted with to clear half of its July 2025 convertible debt, trimming the total from $189 million to a more “breathable” $94.5 million.

Ripple’s Big Moves, Big Falls, and Big Hopes: A Rollercoaster Ride

On the 3rd of October, Ripple made yet another bold move, acquiring Palisade, a crypto wallet and custody provider. The deal was hailed as a grand expansion of Ripple’s ability to “serve the core needs of fintechs, crypto-native firms, and corporates.” Monica Long, Ripple’s President, had this to say:

Euro-Fueled Rocket Ship to the Moon! 🚀 Bitcoin Billionaires Beware!

By offering STRE in euros, Strategy is building a bridge between traditional finance and Bitcoin’s wild west. Institutions can now “invest” in Bitcoin without actually touching crypto-because nothing says “trust” like a middleman with a stock ticker. 🏛️➡️🚀 Michael Saylor, the man who once said “Bitcoin is the future!” and still says it, declared this a “milestone” for Europe. Let’s hope the next step is a Bitcoin-themed Eurovision entry. 🎤

Crypto’s Swan Song? 🎭 Or Just Another Chekhovian Act? 🤑

Bitcoin, once the prima donna of the crypto opera, now shuffles like a tired bureaucrat. Large holders, particularly from the East, have taken to selling with the fervor of a man dumping his mother-in-law’s china. This relentless offloading has left BTC gasping for breath, its recovery as likely as a Russian summer without mosquitoes. Meanwhile, ETF inflows have slowed to a trickle, as big investors eye the stage with the caution of a cat approaching a cucumber. 🐱🥒

Devastating Hack Strikes DeFi Again! Balancer’s $116M Disaster and Curve’s Wake-Up Call

In the wake of this crypto catastrophe, Curve Finance didn’t just shake its head. No, no! They issued a warning that felt like a great big slap in the face to every DeFi developer out there: Double-check your code, folks! Check your math, especially in the places that seem “simple!” Because, trust me, in DeFi, “simple” can be the most complicated thing of all.

Bitcoin Plunges Again: Will It Drop Below $100K? The Market’s Drama Unfolds

Coinglass’s accounts tell a tale of over one billion dollars-yes, with a B-evaporating in leveraged longs within a mere day, a veritable flood of retreat and surrender. The Fear and Greed Index, that whimsical gauge of market spirit, sank to 21-an abyss of despair-only to stumble back to 26, still lingering in the realm of terror and trembling. These ripples of panic ripple outward, causing the traders’ hearts to race and their confidence to waver. As if market doom was the flavor of the day, and everyone was invited to the pity party. 🎉

Crypto Stocks Plummet: Market Chaos or Just Digital Drama? 😅

As dawn broke, the market’s mood was as gloomy as a Tolstoy winter-sullen and unforgiving. Strategy Inc. (MSTR), proud guardian of Bitcoin’s treasury, tumbled 3.3%. Coinbase (COIN), the grand marketplace of digital dreams, declined by 3.12%, like a grand estate losing its luster in a flood of bad news. Robinhood (HOOD), that oft-cherished tool of the common man, fell 3.35%, perhaps realizing that Robin’s wings are not always so soaring. The smaller firms-SharpLink and BitMine-shrieked and fell by nearly 4.3% and 4.9% respectively, as if they could feel the cold wind of a market that no longer cares for their fragile hopes.