Recent Articles from BreakingCrypto

October 16, 2025 – The cryptocurrency market is witnessing a significant shift in investor sentiment this week, as Ethereum (ETH) investment products have attracted substantial inflows, totaling over $170 million, while Bitcoin (BTC) Exchange-Traded Funds (ETFs) grapple with notable outflows exceeding $100 million. This divergence comes in the immediate aftermath of a tumultuous period for [...]

The cryptocurrency market reeled in early to mid-October 2025 as Bitcoin (BTC-USD) experienced a dramatic correction, plummeting from its recent all-time high of approximately $126,000 to below the critical $110,000 mark. This swift downturn, largely attributed to a confluence of macroeconomic factors including a U.S.-China trade tariff shock and a major fraud network bust, triggered [...]

October 16, 2025 – The cryptocurrency market has achieved a monumental milestone, with its total market capitalization reaching its highest levels since the bull run of 2021. This resurgence, primarily driven by significant institutional adoption and a more favorable regulatory environment, signals a maturing and increasingly integrated financial landscape for digital assets. The global crypto [...]

San Francisco, CA – October 16, 2025 – Coinbase (NASDAQ: COIN), a leading cryptocurrency exchange, has made a monumental leap into the global payments landscape, launching a comprehensive stablecoin payments platform in June 2025 and significantly expanding its business offerings in October 2025. These strategic moves, leveraging its Ethereum Layer-2 network Base, aim to simplify [...]

October 16, 2025 – In a chilling escalation of cyber warfare, North Korean state-sponsored hacking groups are increasingly leveraging the very technology they seek to exploit – blockchain – to hide sophisticated crypto-stealing malware. This innovative and highly resilient method, dubbed "EtherHiding," involves embedding malicious code directly within smart contracts on public decentralized networks, rendering [...]

As global inflation surged from late 2020 and intensified through 2021 and 2022, a significant shift in investor sentiment began to take hold. Faced with the erosion of purchasing power in traditional fiat currencies and the devaluation of conventional investments, a growing number of individuals and institutions turned their gaze towards the nascent, yet increasingly [...]

October 16, 2025 – The cryptocurrency landscape is undergoing a profound transformation, moving beyond niche financial circles into the mainstream political arena. This shift is starkly exemplified by former U.S. President Donald Trump's self-proclaimed title of "Bitcoin President" and Reform UK leader Nigel Farage's emergence as a "Crypto Champion" in the United Kingdom. Both figures, [...]

October 16, 2025 – In a significant development for the cryptocurrency ecosystem, Best Wallet, a pioneering "next-gen" self-custody solution, has successfully raised over $16.5 million through its native token (BEST) presale. This substantial fundraising milestone, achieved by October 3, 2025, underscores a robust and sustained investor appetite for innovative crypto infrastructure, particularly in the critical [...]

Maryland has officially cemented its position as a leading hub for digital assets, with two recent reports in October 2025 placing it firmly within the top 10 most crypto-friendly states in the U.S. On October 9, 2025, the trading platform Atmos ranked Maryland an impressive fifth on its Crypto-Friendliness Index. Following closely, a study by [...]

The cryptocurrency market has once again demonstrated its characteristic volatility, experiencing a "whipsaw" effect this week as positive sentiment following dovish hints from Federal Reserve Chair Jerome Powell proved fleeting. On Tuesday, October 14, 2025, just two days prior to the current date, Powell's remarks on the central bank's balance sheet signaled a potential easing [...]

October 16, 2025 – In a landmark achievement set to redefine the landscape of crypto staking, Everstake, a leading global non-custodial staking provider, today announced it has become the first company in the industry to successfully obtain all five pivotal institutional-grade certifications. This unprecedented accomplishment, revealed on October 16, 2025, marks a critical turning point [...]

San Francisco, CA – October 16, 2025 – A groundbreaking revelation from CoinGecko's "2025 Q3 Crypto Industry Report" has sent ripples through the financial world, confirming a complete decoupling of Bitcoin (BTC) from the traditional stock market. For the third quarter of 2025, encompassing July, August, and September, Bitcoin demonstrated a zero-correlation coefficient with the [...]

Washington D.C., October 16, 2025 – In a stunning display of political branding meeting digital finance, companies associated with former U.S. President Donald Trump have reportedly generated over US$1 billion in pre-tax profits from a diverse portfolio of cryptocurrency ventures over the past year. This unprecedented financial success, spanning memecoins, stablecoins, Non-Fungible Tokens (NFTs), and [...]

Washington D.C., October 16, 2025 – In a pivotal moment for the cryptocurrency industry, Peter Thiel-backed startup Erebor Bank has received preliminary conditional approval for a national bank charter from the U.S. Office of the Comptroller of the Currency (OCC). This landmark decision, announced on Wednesday, October 15, 2025, positions Erebor Bank at the forefront [...]

October 16, 2025 – A groundbreaking report from Bitwise Asset Management has sent ripples through the financial world, revealing an unprecedented 40% surge in corporate Bitcoin adoption during the third quarter of 2025. This dramatic increase saw 48 new public companies add Bitcoin to their balance sheets, bringing the total to 172 firms now collectively [...]

Zug, Switzerland – October 16, 2025 – In a landmark move poised to reshape the landscape of digital finance, leading cryptocurrency exchange Kraken, in collaboration with Wallet in Telegram and tokenization firm Backed, officially commenced the rollout of tokenized stocks (xStocks) to over 100 million users within the Telegram messaging application. Announced on October 2, [...]

Washington D.C., October 16, 2025 – Federal Reserve Vice Chair Michael Barr today reiterated his firm stance on the urgent need for a robust federal regulatory framework for stablecoins, emphasizing their critical role in the payments system and the inherent risks they pose without adequate oversight. Speaking at the prominent D.C. Fintech Week, Barr's remarks [...]

New York, NY – October 16, 2025 – In a landmark move poised to reshape the digital asset landscape, Sony Bank, a prominent financial institution largely owned by Sony Group (TYO:6758), has formally applied for a U.S. national banking license. The application, submitted through its New York-based subsidiary Connectia Trust, was made public by the [...]

Washington D.C., October 16, 2025 – In a landmark victory against organized cybercrime and human trafficking, U.S. federal authorities, in a coordinated effort with UK counterparts, announced on Tuesday, October 14, 2025, the seizure of approximately $15 billion in Bitcoin. This colossal forfeiture, totaling 127,271 BTC, represents the largest in the history of the Department [...]

October 15, 2025 – The cryptocurrency and blockchain ecosystem stands at the precipice of a profound transformation, driven by a wave of innovative technologies poised to redefine scalability, privacy, user experience, and real-world integration. From modular blockchain architectures to the cryptographic marvels of Zero-Knowledge Proofs (ZKPs) and the tangible impact of Decentralized Physical Infrastructure Networks [...]

The Non-Fungible Token (NFT) market finds itself in a period of significant transformation as October 2025 unfolds, demonstrating a remarkable resilience in the face of recent volatility. After experiencing a sudden crash in early October, which saw approximately $1.2 billion wiped from its market capitalization due to geopolitical tensions and broader crypto liquidations, the sector [...]

The decentralized finance (DeFi) landscape is undergoing a profound transformation, marked by a surge of innovations and evolving market dynamics from late 2024 through mid-2025. This period has seen DeFi protocols not only enhance their core functionalities but also aggressively bridge the chasm with traditional finance (TradFi), drawing unprecedented institutional interest. The tokenization of real-world [...]

The global cryptocurrency regulatory landscape has undergone an unprecedented transformation in the lead-up to October 2025, as major jurisdictions and international bodies accelerate efforts to bring digital assets under a defined legal framework. This period has been marked by the European Union's (EU) landmark Markets in Crypto-Assets (MiCA) regulation nearing full implementation by December 2024 [...]

The cryptocurrency landscape has undergone a profound transformation throughout 2024 and 2025, largely driven by the unprecedented growth and widespread adoption of Cryptocurrency Exchange-Traded Funds (ETFs) and Exchange-Traded Products (ETPs). These regulated financial instruments have not only legitimized digital assets within traditional finance but have also created accessible new avenues for a diverse range of [...]

October 15, 2025 – In a significant development for the burgeoning digital asset ecosystem, Shumaker, a prominent legal firm, announced on September 24, 2025, the expansion of its private investment funds capabilities with the strategic addition of Nicholas E. Federici to its Corporate, Tax & Transactions Service Line. This move, while seemingly a traditional legal [...]

The cryptocurrency market, often characterized by its inherent volatility, faced significant tests in late 2023 and early 2024. These periods saw notable price corrections and increased market uncertainty, primarily triggered by regulatory actions and speculative trading. Yet, amidst the downturns, a compelling narrative emerged: the underlying crypto ecosystem not only survived but demonstrated remarkable resilience, [...]

As October 2025 progresses, the cryptocurrency market is buzzing with speculation around Shiba Inu (SHIB), the dog-themed meme coin, with many analysts predicting an explosive surge that could propel its price towards the significant $0.00002 resistance level. This potential rally, often dubbed the "Uptober" phenomenon, highlights the highly speculative yet undeniably influential nature of meme [...]

Washington D.C. – October 15, 2025 – In a landmark operation marking the largest cryptocurrency forfeiture in the history of the U.S. Department of Justice (DOJ), federal authorities today announced the seizure of approximately $15 billion in Bitcoin (BTC). The monumental bust dismantled an alleged global "pig butchering" crypto scam, exposing a sophisticated network of [...]

Johannesburg, South Africa – October 15, 2025 – In a groundbreaking move set to redefine the landscape of digital asset adoption in Africa, Ripple today announced its first major crypto custody partnership in the region with Absa Bank (JSE: ABS), one of South Africa's leading financial institutions. This pivotal collaboration sees Absa leveraging Ripple's institutional-grade [...]

The cryptocurrency landscape in late 2025 is a complex tapestry woven with threads of innovation, institutional adoption, and inherent volatility. While Bitcoin (BTC) continues to reign as the digital gold, a growing chorus of analysts and investors are championing the indispensable role of altcoins – any cryptocurrency other than Bitcoin – in building a truly [...]

The cryptocurrency market, renowned for its dramatic price swings, has long presented both exhilarating opportunities and formidable risks for investors. In this dynamic landscape, crypto futures trading has emerged as a sophisticated financial instrument, allowing participants to speculate on the future price of digital assets without direct ownership. This pivotal mechanism not only enables investors [...]

October 15, 2025 – The cryptocurrency market is witnessing a profound shift as major financial institutions, including Citigroup (NYSE: C) and Morgan Stanley (NYSE: MS), significantly deepen their engagement with digital assets. These moves, culminating in October 2025, signal an accelerating institutional acceptance that promises to redefine the relationship between traditional finance and the burgeoning [...]

New York, NY – October 15, 2025 – The aroma of gourmet dishes in New York City is increasingly mingling with the digital hum of blockchain transactions as a growing number of the city's top restaurants embrace cryptocurrency payments. This significant shift, gaining considerable momentum throughout 2024 and 2025, signals a pivotal moment for real-world [...]

October 15, 2025 – Traditional financial institutions are at a critical juncture, navigating the complex landscape of cryptocurrency services. While the allure of digital assets offers new revenue streams and technological innovation, banks face formidable challenges ranging from an ambiguous regulatory environment to the intricate demands of technological integration and robust risk management. This cautious [...]

In a landmark development signaling a significant leap in institutional adoption of blockchain technology, the high-performance Sei blockchain, in conjunction with the innovative KAIO protocol, has announced the successful launch of Hamilton Lane's (NASDAQ: HLNE) tokenized feeder for its Senior Credit Opportunities Fund (SCOPE) today, October 15, 2025. This pivotal event follows a series of [...]

October 15, 2025 – In a significant reaffirmation of long-term conviction, prominent crypto analysts, including Fundstrat Global Advisors' (NYSE:CFRA) Tom Lee and BitMEX co-founder Arthur Hayes, have reiterated their ambitious price targets for Bitcoin (BTC) and Ethereum (ETH) for the year 2025. These bullish outlooks come despite a recent market downturn, which saw both leading [...]

The cryptocurrency world is reeling from a massive, coordinated enforcement action by U.S. and UK authorities, which saw the U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) and FinCEN, alongside their British counterparts, sanction the sprawling Prince Group Transnational Criminal Organization on October 14, 2025. This unprecedented move targeted 146 associated individuals [...]

The cryptocurrency market has recently experienced one of its most significant deleveraging events, a profound "cleansing moment" that saw billions of dollars in leveraged positions wiped out. Occurring primarily between October 10-14, 2025, this "historic" unwinding was triggered by a confluence of abrupt shifts in macro policy expectations, excessive market leverage, a sharp drop in [...]

October 15, 2025 – In a landmark development signaling a profound shift in institutional engagement with digital assets, Hamilton Lane, a leading global private markets investment firm, today announced the launch of a tokenized feeder for its Senior Credit Opportunities Fund (SCOPE) on the Sei Network. This pivotal move, utilizing KAIO's institutional-grade infrastructure, provides on-chain [...]

The cryptocurrency market experienced a profound and sudden downturn around October 10-11, 2025, sending shockwaves through the digital asset ecosystem. This event, now being dubbed by many as the "largest liquidation event in crypto's history," saw an estimated $19 billion to $25 billion in leveraged positions wiped out within a mere 24 hours, affecting approximately [...]

As of mid-October 2025, the cryptocurrency market is abuzz with optimistic predictions for Dogecoin (DOGE), with several analysts forecasting a remarkable surge that could see the original meme coin reach the $2 mark. This ambitious target represents a potential 800% to 900% increase from its current trading levels around $0.25, igniting fervent discussions among investors [...]

October 2025 witnessed a fascinating dichotomy within the cryptocurrency markets. While the broader market grappled with significant headwinds, including escalating US-China trade tensions, extensive liquidations, and net outflows from spot crypto ETFs, a select group of altcoins defied the downturn, posting extraordinary gains. Leading this impressive rally were ChainOpera AI (COAI), Yield Guild Games (YGG), [...]

The landscape of cryptocurrency investment vehicles continues its rapid evolution, with Cathie Wood's ARK Invest (NASDAQ: ARKK) once again at the forefront of innovation. As of October 14, 2025, ARK Invest has filed a new suite of sophisticated Bitcoin Exchange-Traded Funds (ETFs) with the U.S. Securities and Exchange Commission (SEC). These filings, which include the [...]

October 15, 2025 – Chainlink (LINK), a foundational decentralized oracle network crucial for the broader Web3 ecosystem, is currently navigating a period of heightened volatility, facing a credible risk of a 15% price decline. As of October 15, 2025, LINK has seen significant downward pressure, including a 4% drop on October 10 and a 10% [...]

October 15, 2025 – In a landmark development that further blurs the lines between traditional finance (TradFi) and the burgeoning world of decentralized finance (DeFi), KAIO, a leading on-chain infrastructure provider for regulated real-world assets (RWAs), today announced the official launch of a tokenized version of Hamilton Lane’s (Nasdaq: HLNE) Senior Credit Opportunities Fund (SCOPE) [...]

In a landmark move underscoring the escalating focus on regulatory compliance within the digital asset space, leading cryptocurrency exchange OKX announced on October 15, 2025, a significant tightening of its Anti-Money Laundering (AML) controls. This proactive measure comes directly on the heels of the U.S. Department of the Treasury's Financial Crimes Enforcement Network (FinCEN) and [...]

As of October 15, 2025, the cryptocurrency market is buzzing with renewed optimism surrounding Ethereum (ETH), even as it navigates recent turbulence. With ETH trading firmly around the $4,116 to $4,188 mark, attention has once again turned to the bold prediction by Fundstrat Global Advisors' (private company) co-founder, Tom Lee, who, alongside BitMEX (private company) [...]

October 15, 2025 – The cryptocurrency market was rocked in early October 2025 as Bitcoin (BTC) experienced a swift and brutal correction, plummeting over 10% from its recent all-time high of approximately $126,000. The apex cryptocurrency, which had peaked at $125,617.4 on October 6, found itself trading below $110,000 by October 14, at one point [...]

October 15, 2025 – The cryptocurrency and Web3 ecosystem is buzzing with significant developments as key publicly traded crypto-related companies report impressive performance and strategic shifts, particularly towards artificial intelligence (AI) and high-performance computing (HPC). Companies like Bitfarms (NASDAQ: BITF), Galaxy Digital (TSX: GLXY), HIVE Digital Technologies (NASDAQ: HIVE), Soluna Holdings (NASDAQ: SLNH), Digi Power [...]

October 15, 2025 – Artificial Intelligence (AI) is rapidly transforming the landscape of cryptocurrency market analysis, offering unprecedented insights into future price movements. As the end of 2025 approaches, AI tools are widely being utilized to predict Ethereum's (ETH) price, painting a predominantly bullish picture for the leading smart contract platform. These advanced forecasts are [...]

October 15, 2025 – The cryptocurrency world is buzzing with transformative developments as Bitcoin (BTC) cloud mining platforms mature into sophisticated, AI-optimized avenues for passive income, while the United States government solidifies its position as a major holder of the digital asset. These twin narratives are converging to reshape Bitcoin's market dynamics, investor sentiment, and [...]

JOHANNESBURG, SOUTH AFRICA – October 15, 2025 – In a move poised to reshape the digital asset landscape in emerging markets, Ripple today announced a groundbreaking strategic partnership with Absa Bank (JSE: ABG), one of Africa's leading financial institutions. This collaboration marks Ripple's inaugural major custody partnership on the African continent, significantly expanding its global [...]

CHICAGO, IL – October 15, 2025 – In a significant validation of its pioneering efforts in the digital asset space, Athena Bitcoin Global has been awarded the prestigious Juniper Research 2025 Fintech & Payments Gold Award for Digital Currency Innovation. The announcement, initially made by Juniper Research on October 8, 2025, and subsequently highlighted by [...]

TBILISI, GEORGIA – October 15, 2025 – In a significant move set to bolster cryptocurrency adoption in the Caucasus region, Bybit Georgia, the newly licensed local arm of the global crypto exchange, announced today a landmark partnership with Setanta Sports, Georgia's premier sports broadcaster. The collaboration kicks off with an ambitious $80,000 USDT (Tether) marketing [...]

October 15, 2025 – In an industry often scrutinized for its opacity, Binance, under the leadership of its former CEO Changpeng Zhao (CZ), has long championed a policy aimed at fostering transparency in cryptocurrency listings. Dating back to October 8, 2018, Binance (BINANCE: BNB) announced a groundbreaking approach to listing fees, re-terming them as "donations" [...]

October 15, 2025 – The cryptocurrency market has decisively entered "fear territory" in recent days, marked by a sharp downturn that has seen major digital assets, including Bitcoin (BTC) and Ethereum (ETH), experience significant price corrections. This latest market rout, which intensified in early October, has sent ripples of panic across the ecosystem, with the [...]

October 15, 2025 – The Pi Network, a blockchain project that has captivated over 47 million users globally with its mobile-first mining approach, stands at a pivotal juncture. As of mid-October 2025, the network remains in its strategic "Enclosed Mainnet" phase, a period designed to cultivate a robust, utility-driven ecosystem before a full public launch. [...]

Buenos Aires, Argentina – October 15, 2025 – RootstockLabs, a leading contributor to the Rootstock ecosystem, has sent ripples through the cryptocurrency world with the announcement of its new institutional initiative, "Rootstock Institutional." Unveiled yesterday, October 14, 2025, during the prestigious Digital Asset Summit (DAS), this groundbreaking program aims to transform Bitcoin from a passive [...]

A bold prediction by Dom Kwok, a former Goldman Sachs analyst and co-founder of EasyA, has sent ripples through the cryptocurrency community: XRP, the digital asset powering Ripple's payment network, could soar to an astonishing $1,000 by 2030. This audacious forecast, rooted in XRP's real-world utility and anticipated institutional adoption, has ignited a fervent debate [...]

October 15, 2025 – In a monumental display of international cooperation, the United States and the United Kingdom have unleashed a coordinated barrage of sanctions against a vast network of cryptocurrency scam centers operating in Southeast Asia. This unprecedented crackdown, announced on October 14, 2025, primarily targets Cambodia's notorious Prince Group, accusing it of orchestrating [...]

New York, NY – October 15, 2025 – In a landmark move poised to redefine the landscape of digital asset accessibility, Morgan Stanley (NYSE: MS), one of the world's leading financial services firms, has announced a significant expansion of its cryptocurrency offerings. Effective today, October 15, 2025, all wealth management clients, including those utilizing Individual [...]

Mumbai, India – October 15, 2025 – In a significant move underscoring its commitment to global expansion, cryptocurrency giant Coinbase (NASDAQ: COIN) today announced a fresh strategic investment in CoinDCX, a leading Indian cryptocurrency exchange. This latest backing, which values CoinDCX at $2.45 billion post-money, is a clear signal of Coinbase's long-term vision for the [...]

In the dynamic and often volatile world of cryptocurrency, one asset consistently stands as the undisputed benchmark: Bitcoin (BTC). Since its inception in 2009, Bitcoin has not only pioneered the digital asset revolution but has also established itself as the primary compass guiding the trends and sentiment of the entire market, particularly influencing the myriad [...]

The cryptocurrency industry has dramatically escalated its political engagement, pouring unprecedented sums into lobbying efforts and electoral campaigns to secure a favorable regulatory landscape. Over the past two years, from 2023 to the current date of October 15, 2025, crypto entities have spent hundreds of millions of dollars, establishing powerful Political Action Committees (PACs) and [...]

As of October 14, 2025, Europe finds itself grappling with escalating national security concerns following explicit allegations that Russia is extensively leveraging cryptocurrencies for covert operations across the continent. These claims, prominently voiced by Polish security officials, paint a troubling picture of digital assets being weaponized to fund espionage, sabotage, and broader destabilization campaigns within [...]

In a landmark development set to significantly propel Dogecoin (DOGE) into the mainstream, House of Doge, a prominent entity dedicated to expanding Dogecoin's utility, announced today, October 14, 2025, a groundbreaking strategic partnership with inKind, a leading hospitality payments and rewards platform. This collaboration is poised to integrate Dogecoin as a direct payment option across [...]

NEW YORK, NY – October 14, 2025 – The digital asset landscape is witnessing an unprecedented convergence as traditional finance behemoths, notably Citigroup (NYSE: C) and JPMorgan Chase & Co. (NYSE: JPM), deepen their engagement with the cryptocurrency ecosystem. With Citi setting its sights on a comprehensive crypto custody service launch by 2026 and JPMorgan [...]

October 14, 2025 – In a landmark development poised to reshape the digital finance landscape, Tria, an emerging leader in the Web3 ecosystem, today announced it has successfully closed a pre-seed and strategic funding round, raising an impressive $12 million. This significant capital injection, secured on the very day of this report, underscores a burgeoning [...]

October 14, 2025 – The cryptocurrency market reeled from a seismic shock last weekend as escalating geopolitical tensions between the United States and China sent digital asset prices plummeting. On Friday, October 10, 2025, former US President Donald Trump announced plans to impose a drastic 100% tariff on Chinese imports, effective November 1, 2025, a [...]

The cryptocurrency market has been gripped by intense speculation and volatility following a series of significant Bitcoin (BTC) short positions, allegedly orchestrated by an entity dubbed the "Trump Insider Whale." This mysterious trader's actions, particularly a massive $340 million short position initiated on October 13-14, 2025, have sent shockwaves through the digital asset ecosystem, raising [...]

October 14, 2025 – The cryptocurrency market is reeling from an unprecedented liquidation event that occurred between October 10 and 11, 2025, wiping out an estimated $19 billion in leveraged positions. This historic downturn, now being dubbed the "largest liquidation event in crypto history," was triggered by a surprise announcement from former U.S. President Donald [...]

The burgeoning world of digital assets, while promising unparalleled financial innovation, has unfortunately become a fertile ground for sophisticated fraudsters. As of October 2025, the crypto ecosystem is witnessing an unprecedented surge in demand for specialized crypto recovery services, a direct consequence of escalating digital asset fraud and the inherent challenges in reclaiming stolen funds. [...]

New York, NY – October 14, 2025 – In a landmark case poised to redefine the legal boundaries of decentralized finance, brothers Anton and James Peraire-Bueno, both graduates of the Massachusetts Institute of Technology (MIT), are currently on trial, accused of orchestrating a sophisticated $25 million cryptocurrency heist from the Ethereum blockchain. Their defense, a [...]

October 14, 2025 – The pursuit of passive income in the volatile cryptocurrency market has always been a holy grail for investors. By October 2025, a significant evolution in this quest has emerged through the rapid proliferation of AI-optimized green cloud mining platforms. These innovative services promise to democratize Bitcoin (BTC) and other cryptocurrency mining, [...]

October 14, 2025 – The cryptocurrency market has experienced a sharp and significant correction, with its total market capitalization dipping below the crucial $4 trillion mark on two separate occasions this week. This downturn, most notably on October 10th and again today, October 14th, 2025, marks a dramatic shift from the bullish sentiment that had [...]