Everything web3, crypto, defi, degen
In brief Bitcoin dropped from $121,000 to $106,000 on Friday after Trump announced 100% tariffs on China, triggering $19 billion in liquidations within 24 hours. The crash hit leveraged traders on centralized exchanges hardest, with 1.6 million positions liquidated as the timing—after market close—left crypto as the only outlet for investor reaction. Leverage amplifies both…
In brief Nigel Farage called Monday for the British financial watchdog to better regulate crypto. Farage in May said that he would establish a Bitcoin reserve—like Trump did in the U.S.—if elected prime minister. The Brexit mastermind has long spoken about the benefits of using digital assets. Reform UK leader Nigel Farage said Monday that…
In brief Larry Fink said he had to “relook at [his] assumptions” about Bitcoin. BlackRock now manages several crypto-linked ETFs amid growing investor interest. Some firms, including Hargreaves Lansdown, remain wary despite offering crypto products. BlackRock CEO Larry Fink has once again reiterated cautious approval of crypto investments and walked back previous comments he made…
In brief Crypto ETPs drew $3.17 billion in inflows last week, pushing 2025’s total to a record $48.7 billion. Friday’s market crash saw minimal ETF outflows of just $159 million, suggesting retail investors held positions while institutional traders remained largely unaffected. Bitcoin briefly dropped below $110,000 over the weekend but is recovering, with Ethereum showing…
In brief BitMine Immersion Technologies added more than 200,000 Ethereum during the recent crypto market dip. The firm now holds more than 3 million ETH valued at greater than $12.5 billion. Shares of BMNR jumped 4.5% early Monday as the market rebounds. Top publicly traded Ethereum treasury firm BitMine Immersion Technologies bought the crypto dip.The…
In brief House of Doge, the business arm of the Dogecoin Foundation, is now trading on the Nasdaq after merging with Brag House Holdings (TBH). Backed by Elon Musk’s lawyer Alex Spiro, the company aims to use new capital to expand Dogecoin’s role in global payments and expand its reach into sports and other sectors.…
In brief MARA Holdings purchased 400 BTC worth $46.29 million from institutional liquidity provider FalconX. The purchase comes as Bitcoin rebounded to $114,763 after the largest liquidation event in crypto history wiped out over $19 billion in positions last Friday. Analysts say the acquisition points to the firm’s confidence that Bitcoin has “more room to…
In brief Options traders buy more downside protection after the crypto’s largest liquidation event, Decrypt was told. Bitcoin’s $115,000, $95,000, and Ethereum’s $4,000, $3,600 strikes are seeing a high demand, according to options data. Experts remain cautious of the weekend rally, citing it as a “recalibration” move amid persisting structural risks. The crypto market is…
If you looked away from crypto markets on Friday, then you missed a record-breaking bloodbath.Following a Friday morning threat from U.S. President Donald Trump to unleash “massive” new trade tariffs on China, crypto prices began to plunge alongside stocks, representing widespread concern from investors. And then crypto declines rapidly accelerated late in the afternoon when…
October got off to a hot start, but the historically strong month for Bitcoin and crypto prices—called “Uptober” by many investors—hit a roadblock Friday thanks to President Trump’s trade war. And now prices are falling fast as liquidations pile up.More than $1 billion worth of crypto positions have been liquidated over the last 24 hours,…
