XRP sold off sharply as broader crypto weakness triggered a wave of long liquidations, forcing the price below a key support level before buyers tentatively stepped in near $1.74. News background XRP coincided with a broader crypto selloff, with bitcoin-led weakness squeezing high-beta tokens. The move was driven by positioning rather than token-specific news, as […]
Ripple-linked token falls 7% as bitcoin tumbles Read More »
Bitcoin fell below the $81,000 level on Saturday, extending a long weekend of weakness as traders remained defensive amid geopolitical headlines, political uncertainty in the US and ongoing turmoil across crypto markets. The world’s largest cryptocurrency fell as much as 2.2% over the past 24 hours, according to CoinGecko data. Trading volume fell into the
What next as BTC crashes below $81,000 Read More »
Nearly four months after crypto’s record Oct. 10 flash crash wiped out leveraged positions across the market, the industry is still arguing over what actually broke. That argument turned into a public row on Saturday after OKX founder and CEO Star Xu claimed the crash was neither complicated nor accidental, but the result of irresponsible
Early bitcoin investor Star Xu, founder of OKX, blames Binance for BTC’s October crash Read More »
Tokenized shares are gaining ground fast – and Ian de Bode, president at Ondo Finance ONDO$0.2993believe they are becoming one of the most practical and scalable use cases for crypto. The firm said its tokenized equity platform, called Ondo Global Markets, has raised over $500 million in total value locked and recorded over $7 billion
Ondo exec says NYSE’s 24/7 tokenized stock plan would be a ‘godsend’ Read More »
The US Treasury Department has for the first time sanctioned cryptocurrency exchanges for operating in Iran’s financial sector. The Office of Foreign Assets Control (OFAC) announced sanctions against Zedcex and Zedxion, both registered in the United Kingdom, as part of a wider crackdown on Iranian authorities following their brutal suppression of an internal uprising that
US sanctions crypto exchanges linked to Iran for first time after brutal protests Read More »
Nearly four months after crypto’s record Oct. 10 flash crash wiped out leveraged positions across the market, the industry is still arguing over what actually broke. That argument turned into a public row on Saturday after OKX founder and CEO Star Xu claimed the crash was neither complicated nor accidental, but the result of irresponsible
Binance blamed the Oct. 10 flash crash on a macro shock that collided with heavy leverage and evaporating liquidity, rather than any breakdown in its trading systems, following speculative chatter on social media. In a report released on Saturday, the exchange said global markets were already under pressure following trade war headlines as crypto markets
Binance pegs crypto’s worst-ever liquidation day on macro risks, not exchange failures Read More »
Tokenized silver futures recorded the biggest liquidations across the crypto market over the past 24 hours, overtaking bitcoin and ether in a rare reversal of the usual risk hierarchy as a rebound in precious metals spilled into commodity-based crypto futures. According to CoinGlass data, 129,117 traders were liquidated over the last day, with total losses
Silver’s 35% plunge ends up beating bitcoin in a rare crypto liquidation shock Read More »
Crypto prices remained under pressure on Friday as the US government went into a partial shutdown after lawmakers missed a midnight funding deadline, adding another layer of uncertainty to a market that has already struggled to find bids. Bitcoin was trading around $83,559, up about 1% on the day but down about 6.8% over the
US Government Enters Partial Shutdown, Here’s How It Affects Bitcoin and Ether Read More »
The US government is set to partially shut down at midnight, despite the Senate voting in favor of a funding package to keep the government running – showing the importance of specificity in predictable market contracts. The House of Representatives is out of session this week and will not return until Monday. Because the House
Polymarket, Kalshi contract limits demonstrated in recent US government shutdown battle Read More »
