Key Highlights: Bitcoin fell 3.5% since midnight UTC, breaking below $70,000 and reaching $67,770, its lowest level since Aug. 19. Ether dropped to $1,900, its lowest price since Aug. 18, while the CoinDesk 20 Index declined 2%. Markets priced in a higher probability of a Federal Reserve rate increase, while a sell-off in Nvidia shares ...
Key Highlights: Widespread risk-off sentiment pushed the cryptocurrency market into the red, with only five of the top 100 assets—including Arbitrum ($ARB), Render (RNDR), and Pepe (PEPE)—posting gains of 1% or more. Over $1.1 billion in crypto positions were liquidated over the past 24 hours as total futures open interest dropped by 3% to approximately ...
Key Highlights: Attackers drained between $38 million and $49 million from Mercado Bitcoin’s hot wallets and customer deposit addresses across more than 10 blockchains via a signing-based breach. Following the immediate blacklisting of over $11 million by stablecoin issuers Tether and Circle, the perpetrators swapped an estimated $10.55 million to $11.9 million of the stolen ...
Key Highlights: Bitcoin options data indicates that crypto traders are preparing for a brief burst of market volatility tied to the U.S. midterm elections rather than prolonged turbulence. Bitcoin’s implied volatility term structure reveals a distinctive bulge, reaching approximately 43.5% for options expiring November 4 before falling back to around 36% for later expiries. Futures ...
Key Highlights: Bitcoin fell to an overnight low of $76,400—its weakest level since September 18—following a $6.3 billion security breach on Binance linked by analysts to North Korean hackers. Crypto futures liquidations surged fourfold to $1.57 billion as $3 billion of the stolen assets were frozen and Binance paused platform withdrawals. Broader markets added further ...
Key Highlights: The cryptocurrency market faced widespread declines following an unprecedented security incident at Binance affecting roughly $6.3 billion in assets. Bitcoin fell over 3% to approximately $77,400 after briefly touching $76,000, triggering $1.5 billion in market-wide futures liquidations. Binance indicated that a compromised engineer’s laptop may have enabled the unauthorized withdrawals, while former CEO ...
Key Highlights: The ETH/BTC ratio weakened to roughly 0.0291 from 0.0319 over a 30-day window as Ether underperformed Bitcoin. United States spot Ether exchange-traded funds recorded $110.6 million in net outflows on October 22, driven primarily by $75.5 million in redemptions from BlackRock’s iShares Ethereum Trust (ETHA). October marked the heaviest monthly redemption period for ...
Key Highlights: Bitcoin traded around $82,500, up 0.5% on Monday, while altcoins and decentralized finance tokens outpaced the market leader. Total 24-hour crypto futures volume surged 51% to $146 billion, though flat open interest suggests gains are position-led and potentially fragile. Arbitrum (ARB) advanced 6.7% following the rollout of the Arbitrum Foundation’s USDG Stablecoin Growth ...
Key Highlights: Unlike Bitcoin and Ether, XRP’s per-token price remains weighed down primarily by a massive 63% increase in its circulating supply since 2017. Market analysts emphasize that while XRP’s overall market capitalization has largely recovered, the dilution means individual tokens command a significantly lower price point. Institutional adoption has also lagged behind market leaders, ...
Key Highlights: Standard Chartered has rolled out a direct cryptocurrency trading service for affluent clients in the United Arab Emirates. Eligible professional investors can trade spot bitcoin (BTC) and ether (ETH) directly through their existing bank accounts using a closed-loop custody system. The offering operates via SC Ventures-backed Zodia Markets and has obtained regulatory licensing ...
Key Highlights South Korea’s equity benchmark plunged 5.5%, dragged down by steep drops in Samsung Electronics and SK Hynix amid AI market skepticism and memory-chip competition fears. Crypto derivatives endured a massive deleveraging event, with liquidations surging 284% to $813 million as 24-hour futures volume hit $212 billion. Bitcoin oscillated sharply between $81,000 and $84,000 ...
Key Highlights: Bitmine Immersion Technologies acquired an additional 12,532 ETH, bringing its total treasury to 6,028,946 ETH, valued at approximately $15.3 billion. The firm now holds roughly 4.9% of Ethereum’s total 122.1 million token supply, leaving it approximately 76,000 ETH shy of its 5% threshold. Bitmine has committed 5.07 million ETH (about 84% of its ...