Happy Wednesday!

Peter Thiel’s Ethereum bet totally bombed: he bought ETHZilla at over $100 and exited at $3. What went wrong?

XRP just cannot catch a break recently and is languishing below $1.50. Maybe a new XRP ledger exchange launch can help break the rut?

Plus, learn how expert trader Chris Capre trades 0–5 day setups designed to capture fast bursts of momentum while managing risk from the start.

TOP STORY

Peter Thiel Backed ETHZilla At $107 And Got Out Now At $3: What Went Wrong?

Peter Thiel and Founders Fund just fully exited ETHZilla after riding shares from $107 to $3 — a 97% collapse that torched one of crypto's highest-profile Ethereum treasury plays.

The company raised $565 million, held 100,000 ETH at peak, then panic-sold during the October crash to fund buybacks and pay down debt — the exact opposite of the Michael Saylor playbook it copied.

SPECIAL OFFER

How To Trade Fast 0–5 Day Moves This Week

When economic data hits in a tight window, price moves can accelerate quickly. Learn how expert trader Chris Capre trades 0–5 day setups designed to capture fast bursts of momentum while managing risk from the start.

QUICK N DIRTY

Bitcoin, Ethereum, XRP are holding below $70,000 as new catalysts for a rally remain scarce: here’s what’s moving markets today.

2027 could be ‘amazing’ for crypto, according to Bitwise’s Matt Hougan. But what about 2026?

Robinhood is launching a new $1 billion fund that will let retail investors buy shares of pre-IPO companies like Space X. Here’s how it works.

FINTECH FOCUS

XRP Ledger Launches 'Members-Only' Exchange For Banks, But XRP Can't Break $1.50

XRP Ledger just activated the XLS-81 "Permissioned DEX" amendment, creating members-only trading venues for regulated institutions that need KYC/AML compliance baked into blockchain settlement.

But XRP isn't celebrating: the token is consolidating just 20% above its $1.15 capitulation low, with the Supertrend still firmly bearish at $1.74 and a break below $1.40 risking another flush to $1.00.

BEFORE YOU GO

Were you forwarded this email? Click here to subscribe.

And be sure to check out our other newsletters:

Ring The Bell: Created for market enthusiasts by market enthusiasts, this daily newsletter delivers top stories, fast movers and hot trade ideas straight to your inbox. Subscribe here.

Advisor: Tailor-made for Financial Advisors, this weekly newsletter has industry-specific insights, analysis and news. Subscribe here.

Tech Trends: Get the inside scoop on AI, the hottest gadgets and mind-blowing tech trends. Subscribe here.