The Democratic Party’s official social media account ignited a firestorm within the cryptocurrency industry this week after posting a ‘yikes’ message alongside a graphic mocking market losses. The post, which coincided with Bitcoin plunging 8% and over $2.6 billion in positions being liquidated in 24 hours, drew sharp rebukes from executives and policy advocates who accused the party of partisan insensitivity toward widespread investor pain. The backlash underscores the growing political risks for Democrats as they navigate digital asset policy ahead of midterm elections.
about Democrats Mock Crypto Crash, Face Backlash From Industry LeadersAnthony Scaramucci
1 posts last weekScaramucci: Solana Could Hit $2,500 as Tokenization Rail
SkyBridge Capital founder Anthony Scaramucci has laid out a long-term vision where Solana (SOL) could reach $2,500, framing it as a five-to-ten-year bet contingent on the mass tokenization of assets and clearer U.S. regulatory frameworks. In an exclusive interview at the Solana Breakpoint conference, Scaramucci argued that despite near-term volatility and political headwinds, Solana’s technical infrastructure positions it to become a core financial “rail system” for the on-chain future.
about Scaramucci: Solana Could Hit $2,500 as Tokenization RailNovogratz: Crypto Crash Wiped Out 30% of Market Makers
The October cryptocurrency crash represented far more than a typical market correction, systematically eliminating approximately 30% of market makers across key platforms and exposing critical vulnerabilities in crypto’s leverage-dependent ecosystem. Galaxy Digital CEO Mike Novogratz revealed in a recent interview that what began as a technical glitch at Binance cascaded into a systemic event that devastated liquidity providers and retail traders alike. Despite recent Federal Reserve-driven rebounds, the damage to market psychology and structure suggests a painful recovery lies ahead as the industry transitions from speculative narrative to fundamental business reality.
about Novogratz: Crypto Crash Wiped Out 30% of Market MakersScaramucci Family Invests $100M+ in Trump-Backed Bitcoin Miner
The Scaramucci family has committed over $100 million to American Bitcoin, a mining company backed by Donald Trump’s sons, through a major $220 million pre-IPO financing round. This substantial investment represents a strategic bet on Bitcoin infrastructure rather than simple token speculation, with the company already operating a substantial mining fleet while building a strategic Bitcoin reserve through both mining operations and market purchases.
about Scaramucci Family Invests $100M+ in Trump-Backed Bitcoin MinerScaramucci Family Invests $100M+ in Trump-Linked Bitcoin Miner
The Scaramucci family has made a substantial $100 million-plus investment in American Bitcoin, a cryptocurrency mining company with direct ties to former President Donald Trump’s sons. This major capital infusion, led by AJ Scaramucci’s investment firm Solari Capital, represents one of the largest known investments in a Trump-affiliated cryptocurrency venture and signals growing institutional confidence in Bitcoin mining operations despite market volatility.
about Scaramucci Family Invests $100M+ in Trump-Linked Bitcoin MinerAVAX Faces Key Resistance Amid Institutional Momentum
Avalanche’s AVAX token is approaching a critical technical juncture after a 43% monthly surge, with its ability to break through key resistance levels determining whether institutional momentum can translate into sustained price gains. The cryptocurrency, currently trading around $33.75, faces a pivotal test at the $35-$36 zone as major corporate developments and strategic partnerships fuel ecosystem growth. With the first Nasdaq-listed Avalanche-focused entity emerging and significant fundraising efforts underway, AVAX’s technical breakout attempt coincides with fundamental strengthening.
about AVAX Faces Key Resistance Amid Institutional MomentumAVAX Defies Crypto Weakness as Institutional Demand Grows
Avalanche (AVAX) is demonstrating remarkable resilience, trading near $33.63 and rallying approximately 10% in recent days despite broader cryptocurrency market weakness. This outperformance is fueled by significant institutional accumulation efforts, including a major $1 billion capital raise initiative by the Avalanche Foundation, and bullish technical indicators. The Layer-1 token’s ability to defy market trends highlights its growing institutional appeal and positions it for a potential breakout if key resistance levels are conquered.
about AVAX Defies Crypto Weakness as Institutional Demand GrowsAvalanche (AVAX) Surges 17% Amid $550M Institutional Push
Defying broader market weakness, Avalanche (AVAX) has surged 17% to trade near $35.50, powered by a landmark $550 million treasury initiative and growing institutional conviction in its blockchain technology. The rally positions AVAX as a standout performer, with technical indicators and significant on-chain activity suggesting the momentum may have further room to run, potentially targeting the $50 level.
about Avalanche (AVAX) Surges 17% Amid $550M Institutional PushScaramucci: Bitcoin’s September Dip Is Seasonal, Not a Crash
As Bitcoin experiences its characteristic September weakness, SkyBridge CEO Anthony Scaramucci remains steadfastly bullish, dismissing notions of an impending crash. In a recent CNBC appearance, the investment leader characterized the current price dip as part of a predictable seasonal pattern driven by tax-related selling and profit-taking. Despite the short-term volatility, Scaramucci reaffirmed his conviction in Bitcoin’s long-term trajectory, maintaining his $150,000 price target for 2025.
about Scaramucci: Bitcoin's September Dip Is Seasonal, Not a CrashAVAX Soars 15% on Scaramucci Endorsement, $700M Plan
Avalanche (AVAX) has defied the broader cryptocurrency market’s stagnation with a dramatic 15% surge, propelled by high-profile endorsement from Anthony Scaramucci and a massive $700 million token accumulation plan. The rally pushed AVAX above $35, elevating its market capitalization to approximately $15 billion and establishing it as the 13th-largest cryptocurrency. Market analysts are now predicting further substantial gains, with price targets ranging from $50 to over $100 as institutional interest intensifies.
about AVAX Soars 15% on Scaramucci Endorsement, $700M PlanAgriFORCE Rebrands as AVAX One in $550M Avalanche Push
AgriFORCE Growing Systems has undergone a dramatic transformation, rebranding as AVAX One and announcing a $550 million fundraising strategy centered on the Avalanche blockchain. The move positions the company to become the first NASDAQ-listed entity built around AVAX tokens, with backing from major institutions including Hivemind Capital, Galaxy Digital, and Kraken. This strategic pivot signals growing institutional confidence in blockchain infrastructure for financial applications.
about AgriFORCE Rebrands as AVAX One in $550M Avalanche PushAgriFORCE Rebrands as AVAX One, Stock Soars 200%
In a dramatic strategic shift, Nasdaq-listed Bitcoin mining firm AgriFORCE Growing Systems Ltd. has announced a full rebrand to AVAX One, marking the first publicly traded company to commit to building a treasury based on the Avalanche blockchain. The announcement sent the company’s stock price skyrocketing, with shares surging over 200% as the market digested plans for a $550 million capital raise aimed at accumulating over $700 million worth of AVAX tokens. This move, led by HiveMind Capital and backed by a who’s who of crypto finance, signals a significant acceleration in the corporate crypto treasury trend pioneered by Michael Saylor’s MicroStrategy.
about AgriFORCE Rebrands as AVAX One, Stock Soars 200%