WLFI’s early plunge and extreme funding rates preceded a $6.9B liquidation cascade across Bitcoin and Ether markets. Crypto markets saw one of their sharpest shocks of 2025 on Oct. 10, when nearly $7 billion in leveraged positions were wiped out within an hour. Bitcoin and Ether plunged, triggering forced sales across exchanges. Analysis from Amberdata […]
$19B in crypto positions were liquidated on Oct 10, with 70% erased in 40 minutes amid heavy leverage. Mike Novogratz said excess leverage on Binance triggered cascading forced liquidations. The Oct 10 selloff was driven by margin calls and derivatives unwinds, not macro news. A $19 billion liquidation event shook the crypto market on October […]
Cathie Wood says Bitcoin could reach $1.5M long term as institutional adoption accelerates and supply remains capped at 21M. Wood signals potential capital rotation from gold to Bitcoin as investors shift toward digital store-of-value assets. ARK Invest maintains Bitcoin exposure as ETF access expands and traditional investors increase crypto allocations. ARK Invest CEO Cathie Wood […]
Strong asset picks failed against a fatal liquidity mismatch at FTX. Sam Bankman-Fried once oversaw assets that could be worth more than $50 billion today. In November 2022, control slipped away in just 72 hours. A rush of withdrawal requests forced FTX to sell holdings at low prices. Recent valuations show how much value may […]
Ethereum co-founder argues long-term growth depends on aligning prediction markets with real financial needs. Prediction markets have expanded rapidly, attracting liquidity and growing public attention. However, Ethereum co-founder Vitalik Buterin believes current growth may be drifting in the wrong direction. In a recent post, he questioned incentive structures that favor short-term speculation over meaningful economic […]
Netherlands applies 36% tax on deemed crypto returns under Box 3, taxing holdings based on annual asset valuation, even without a sale. The Netherlands has implemented a tax structure that applies to crypto holdings even when no sale occurs. Under the country’s wealth tax framework, digital assets are taxed based on deemed annual returns rather […]
Tether invests in Dreamcash to launch USDT0-collateralized equity perpetuals globally. 10 new markets live on Hyperliquid, including TSLA/USDT, NVDA/USDT, and USA500/USDT. Dreamcash introduces $200K weekly incentive to boost USDT trading adoption. Tether has invested in Dreamcash’s operating entity, Supreme Liquid Labs, marking a key step in DeFi adoption. The move comes as the first USDT0-collateralized […]
Senate Banking confirms talks with SEC Chair Atkins on a crypto market structure bill to define federal digital asset rules. The U.S. Senate Banking Committee confirmed that it is coordinating with SEC Chair Paul Atkins on drafting a crypto market structure bill. Lawmakers said discussions are focused on creating clearer regulatory rules for digital assets. […]
Bitcoin tracks macro moves, amplifies downturns, and lacks structural leadership in the current cycle. Crypto markets continue to trade within a broader risk-driven environment. Price swings remain tied to macro conditions rather than internal momentum. Bitcoin still reacts to equity moves instead of setting its own pace. According to recent analysis, structural strength has yet […]
Ripple ex-CTO says Bitcoin may need a hard fork for quantum security, while XRP Ledger can upgrade without new addresses. Ripple Ex-CTO: Bitcoin May Need Hard Fork to Survive Quantum. That was the warning shared by David Schwartz, also known as Joel Katz, during a recent discussion on blockchain security. He said Bitcoin may require […]