News
Stay up to date on the latest crypto trends with our expert, in-depth coverage.
Flash
- 12:34Ethereum treasury company ETHZilla to implement 10-for-1 reverse stock split on October 20ChainCatcher news, according to official sources, Ethereum treasury company ETHZilla will officially implement a 10-for-1 reverse stock split at 00:01 EST on October 20, 2025. The adjusted shares will begin trading at market open on the same day. After the reverse split, every 10 shares of ETHZ will be merged into 1 share. The total number of outstanding shares will decrease from approximately 160 millions to 16 millions, but the stock code (ETHZ) and the asset net value fundamentals will remain unchanged. According to the official statement, as an important measure to expand institutional investor participation, this reverse split aims to push the share price above the $10 threshold, thereby meeting institutional investors’ requirements for qualified collateral and margin trading. Many large funds, regardless of market capitalization or company size, have minimum share price entry restrictions.
- 12:33Bessent: The only factor dragging down the US economy is a government shutdownChainCatcher news, according to Golden Ten Data, U.S. Treasury Secretary Bessent stated that the only factor dragging down the U.S. economy is a government shutdown, and some data show that a government shutdown causes an economic loss of $15 billion per day. The U.S. investment boom is sustainable and has just begun; there is pent-up demand, the U.S. is opening its doors to business, and the artificial intelligence boom is just starting.
- 12:14Publicly listed company Parataxis discloses bitcoin holdings exceeding 150 BTCChainCatcher news, according to Decrypt, Korean listed company Parataxis Holdings announced that it increased its bitcoin holdings during the market correction, and the company's current bitcoin holdings have exceeded 150 BTC. In addition, the company plans to acquire 1,150 ASIC miners and will establish a vertically integrated BTC yield platform.