On the last trading days of the year, the kind of chart that almost nobody outside finance ever looks at started yelling again.
Banks piled into the Fed’s Standing Repo Facility, borrowing a record $74.6 billion on Dec. 31 for 2025. Overnight funding rates popped, the benchmark SOFR briefly hit 3.77%, the general collateral repo rate touched 3.9%.
Overnight REPO Chart (Source: NY Fed...
2025 delivered at least four distinct “crypto is dead” episodes: a January AI-induced flash crash, the October tariff liquidation that erased $19 billion in leveraged positions, months of altcoin carnage, and a fourth quarter slump that wiped out the year's price gains.
Mainstream outlets dusted off “crypto winter” language each time. Bitcoin logged more obituaries by mid-year than in all of 2024...
Glassnode data shows that XRP's exchange balances hit their lowest level since 2018 in late December, sparking the usual wave of accumulation phase speculation and “tight supply = moon” commentary.
While the eight-year low encompasses the entire exchange ecosystem, CryptoQuant data for Binance offers a recent window into whether these troughs actually precede rallies.
Binance's XRP reserves...
If you followed Bitcoin ETFs day to day in 2025, you probably developed the same habit everyone did: you checked the print at night, read one sentence about “risk-on” or “risk-off,” then tried to map a clean story onto a messy market.
The problem is that daily flows are noisy by design. They're the residue of dozens of different motives that just happen to share the same wrapper: financial...
There is a particular kind of Bitcoin holder who only shows up when the noise gets loud.
They are the people who watched 2021 melt into 2022, who kept their keys anyway, who learned to live with the idea that the line on the chart can drop faster than their mood. When the price is ripping higher, they are treated like prophets. When price rolls over, they are treated like villains.
Over the past...
The Ethereum blockchain recorded its strongest operational year in history in 2025, processing record transaction volumes and securing the vast majority of the DeFi market.
However, the crypto asset that powers the network failed to mirror that growth, posting double-digit losses for the year.
According to CryptoSlate's data, ETH is trading down 10% year-to-date at under $3000. Its performance...
This year’s defining security event was not a sophisticated DeFi exploit or a novel protocol failure, but the $1.46 billion theft from Bybit, a top-tier centralized exchange.
That single event, attributed to sophisticated state-sponsored actors, rewrote the narrative of the year. It proved that while the frequency of attacks has dropped, the severity of the damage has escalated to systemic levels...
It started the way these things often do: a screenshot, a red circle, a big number, and a timeline that makes your stomach do a tiny flip.
On Dec. 29, the Federal Reserve’s overnight repo line item jumped to $16 billion after printing close to zero on most days.
It then slid back to $2.0 billion the very next day. You can see it directly on FRED, under the New York Fed’s temporary open market...
2025 was supposed to be crypto's maturation year, with regulatory clarity, institutional adoption, and infrastructure built to last. In fact, the foundation for all these topics was laid down.
Yet, it also delivered a master class in how quickly narratives collapse when opacity meets price discovery.
Tokens that launched with maximum hype, extracted maximum fees, and then revealed the side deals...
In the latest SlateCast episode, XYO co-founder Markus Levin joined CryptoSlate’s hosts to unpack why decentralized physical infrastructure networks (DePIN) are moving beyond niche experiments—and why XYO built a purpose-built Layer-1 to handle the kind of data AI and real-world applications increasingly demand.
Levin’s ambition for the network is blunt: “First, I think XYO is gonna have eight...