MicroStrategy's mNAV Meltdown: The End of the Bitcoin Leverage Narrative
mNAV just broke 1. The equity issuance engine that kept MicroStrategy (now...
Weekly
•
CryptoVault
•
2026-07-04
Market Prices
BTC
Bitcoin
$64,660.2
+3.15%
ETH
Ethereum
$1,877.04
+4.93%
SOL
Solana
$77.37
+3.02%
BNB
BNB Chain
$578
+1.42%
XRP
XRP Ledger
$1.11
+3.57%
DOGE
Dogecoin
$0.0737
+2.22%
ADA
Cardano
$0.1643
+3.59%
AVAX
Avalanche
$6.66
+2.91%
DOT
Polkadot
$0.8510
+0.88%
LINK
Chainlink
$8.35
+5.30%
Event Calendar
202610
05
upgrade
Ethereum Pectra Upgrade
Raises validator limit and account abstraction
22
03
unlock
Optimism Unlock
Circulating supply increases by about 2%
15
04
halving
Bitcoin Halving
Block reward reduced to 3.125 BTC
12
05
halving
BCH Halving
Block reward halving event
28
03
unlock
Arbitrum Token Unlock
92 million ARB released
18
03
unlock
Sui Token Unlock
Team and early investor shares released
08
04
upgrade
Solana Firedancer
Independent validator client goes live on mainnet
30
04
upgrade
Celestia Mainnet Upgrade
Improves data availability sampling efficiency
Tools
All →Popular Categories
Altseason Index
44
Bitcoin Season
BTC Dominance
Altseason
Market Cap
All →| # | Coin | Price |
|---|---|---|
| 1 |
Bitcoin
BTC
|
$64,660.2 |
| 1 |
Ethereum
ETH
|
$1,877.04 |
| 1 |
Solana
SOL
|
$77.37 |
| 1 |
BNB Chain
BNB
|
$578 |
| 1 |
XRP Ledger
XRP
|
$1.11 |
| 1 |
Dogecoin
DOGE
|
$0.0737 |
| 1 |
Cardano
ADA
|
$0.1643 |
| 1 |
Avalanche
AVAX
|
$6.66 |
| 1 |
Polkadot
DOT
|
$0.8510 |
| 1 |
Chainlink
LINK
|
$8.35 |
🐋 Whale Tracker
🔴
0xaab6...d423
1d ago
Out
651,578 USDC
🔴
0xbdd7...a621
1d ago
Out
2,265,228 DOGE
🔵
0x2267...4079
12m ago
Stake
5,743,766 DOGE
#quant analysis
quant analysis related articles
Fear & Greed
25
Extreme Fear
Market Sentiment
Trending
Gas Tracker
Ethereum
28 Gwei
BNB Chain
3 Gwei
Polygon
42 Gwei
Arbitrum
0.5 Gwei
Optimism
0.3 Gwei
💡 Smart Money
0x8381...a61b
Arbitrage Bot
+$1.4M
81%
0x400e...7435
Early Investor
+$4.8M
64%
0x9814...a38c
Experienced On-chain Trader
+$3.8M
93%