Bain’s Biotech Bet Pays Off: Cidara Shares Skyrocket 116%

Bain’s third-quarter filing with the SEC reads like a reality show script. They bought 520,310 shares of Cidara, turning their position into a $289.29 million stake. For context, that’s roughly the price of a modest island in the Caribbean-or, you know, a small biotech acquisition. The $167.48 million gain? That’s not a typo. That’s Wall Street’s version of a “slay” reaction. 💅

Cryptocurrency’s Descent: A Tale of Shattered Hopes & MNAV Mayhem 🚀💸

Bitcoin-focused treasuries now languish at a 37% discount, Ethereum’s at 39%, and Solana’s a pitiful 59%-all while their underlying tokens merely gasped at 16%, 22%, and 28% declines. One might almost pity the poor souls who mistook this for a temporary blip rather than a full-blown existential crisis. “The market,” intones the report, “is undervaluing these companies,” as if the laws of economics had suddenly forgotten their own rules.

XRP ETF Roars Back? Or Just a Tempting Mirage in Crypto Desert

Meanwhile, the bitcoin ETFs are crying into their digital pillows, hemorrhaging cash faster than a failed vampire hunter: a staggering $523 million vanished in one gloomy Tuesday, marking the worst day on record for BlackRock’s iShares Bitcoin Trust. Now that’s a proper purge-a blood oath to the gods of crypto despair. 🩸

BlackRock’s Bitcoin Exodus: $500M Drama!

Yes, dear reader, the very fund that had gorged itself on capital inflows like a glutton at a feast found itself fasting. CoinGecko, CoinMarketCap, and their ilk whispered the scandalous numbers: a hemorrhage unseen since the fund’s debut. Imagine the gasps! The clattering of keyboards! The existential dread of analysts who’d mistaken volatility for a permanent lover. 💸

Cardano’s Imminent Demise: A Penguin’s Prophecy 🐧💀

In a proclamation worthy of a modern-day Nostradamus, Alex Svanevik, the Penguin Emperor of Nansen (🐦📊), decrees: Cardano shall tumble from the Pantheon of Top 20 cryptos by 2026. Why? “It’s a ghost chain,” he scoffs, “where users go to vanish, not to trade.” 🤪👻