The greatest ether ETH$4,109.67 Treasury firm BitMine Technologies (BMNR) bought into the crypto price decline last week, adding 202,037 tokens, or $828 million at current prices, to its holdings, the company reported Monday. “The crypto sell-off over the past few days has led to a decline in the price of ETH, from which BitMine has […]
BitMine (BMNR) Buys ETH Dip, Holds Over 3 Million Tokens Read More »
By Francisco Rodrigues (All times ET unless otherwise noted) A rapid and violent sell-off wiped out more than $500 billion from crypto markets on Friday, triggering forced liquidations, collapsing wrapped tokens, leading to nearly $20 billion in liquidations and straining exchange infrastructure. The flash crash, described by Bitwise portfolio manager Jonathan Man as perhaps the
Recovery from $500B Crash Sets Stage for Q4 Rebound: Crypto Daybook Americas Read More »
Hyperliquid will activate its HIP-3 network upgrade on Monday, allowing anyone meeting the chain’s requirements to launch perpetual futures markets on the platform. An admin announced in Hyperliquid’s Discord that the October 13 upgrade will enable HIP-3, adding that “there is no immediate change for users” but that deployers can create marketplaces “when ready.” The
HIP-3 upgrade to allow creation of permissionless perp markets Read More »
Synthetix’s native SNX token has surged more than 120% in the past 24 hours, according to market data from CoinDesk, returning to levels not seen since before the 2022 stock market crash and sparking a new conversation around the return of DeFi’s first “dinosaur coins.” A dinosaur coin is a colloquial term for a token
Tokens bounce 120% ahead of trading competition Read More »
The coming week in crypto will bring a positive development in the case of Ethereum’s Fusaka upgrade being applied to the Sepolia testnet. However, concerns remain about the crypto market in general as the US government continues its shutdown, which has stopped several crypto ETF applications in their tracks. The crypto market sold off on
: Crypto week ahead Read More »
During Friday’s turbulent market sell-off, Ethena’s synthetic dollar, USDe, which maintains its 1:1 peg to the dollar through cash-and-carry arbitrage, briefly fell, hitting 65 cents on Binance. However, this dramatic dislocation has been limited to Binance, as opposed to the global unpegging of USDe, as social media discussions suggest. Most USDe trading takes place on
No, Ethena’s USDe did not depreciate during Friday’s crash Read More »
XRP reclaimed $30 billion in market value following last week’s tariff collapse, rising from $2.37 to $2.58 on explosive institutional volume. The bounce was one of the heaviest sessions of the year, confirming aggressive buying on the dips as traders reposition ahead of new macro headlines. News context The rally follows a 50% wipeout triggered
Ripple Rebounds 8% as $30 Billion Returns After Trade War Rout Read More »
Bitcoin BTC$115,583.42 traders are catching their breath after one of the wildest weekends in the asset’s history. The flash crash that occurred Friday evening following Trump’s announcement of 100% tariffs on Chinese imports wiped out nearly $19 billion in crypto positions — the largest single-day liquidation on record. But some 48 hours later, the market
Bitcoin Price Today: Rising to $115,000 After Trump Tariffs Trigger $19 Billion Crypto Wipe
Marathon Digital Holdings (NASDAQ: MARA) appears to have taken advantage of Friday’s market turmoil to stock up on Bitcoin. BTC$115,038.12according to data kept by Arkham Intelligence. Marathon Digital Holdings, which holds approximately 52,850 BTC (worth approximately $6.06 billion), purchased an additional 400 BTC worth approximately $45.9 million through FalconX early Monday, according to Arkham Intelligence
BTC Mining Firm Marathon (MARA) Recovers 400 BTC After Price Drop, On-Chain Data Shows Read More »
