Everything web3, crypto, defi, degen
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 Venezuelan opposition leader María Corina Machado won the Nobel Peace Prize on Friday. Machado last year spoke about how Bitcoin has been used in Venezuela as a tool to fight autocracy. Bitcoiners praised Machado following news of her win. The 2025 Nobel Peace Prize winner, Venezuelan opposition leader María Corina Machado, appears to…
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,…
Crypto prices plunged alongside stock market indices early Friday after President Donald Trump threatened to ratchet up tariffs on China.Bitcoin dove below $119,000 for the first time since October 2, and was recently trading for $119,028—down 1.7% on the day. But other leading cryptocurrencies saw sharper dips, with Ethereum and Solana both down almost 5%…
In brief Bitcoin volatility has risen since the government shutdown began, though it remains below March’s tariff-driven peak. The U.S. deficit has reached $1.973 trillion, $76 billion higher than last year, raising concerns about fiscal sustainability. Bitcoin has lagged behind stocks, gold, and silver recently, but analysts expect crypto markets to remain supported if ETF…
In brief Bitcoin’s “debasement trade” narrative echoes gold’s historical role as a hedge against currency dilution. Some observers say Bitcoin still trades more like a high-risk asset than a haven. Others argue that could change as gold grows more expensive and trust in fiat erodes. Bitcoin’s latest price movements are reviving an old narrative that…
In brief Bitcoin is sliding away from its all-time high above $126,000, but predictors still see $140,000 hitting before $110,000. Myriad users swung the odds of a Polymarket token announcement wildly after a cryptic post from the firm’s founder. The MLB Playoffs have been filled with drama, creating a lot of volatility in the Mariners…
In brief Realized profits have fallen 50% since July, signaling restrained selling pressure. Long-term holders’ profit margins remain well below overheated cycle levels. Derivatives traders are clustering around $120,000 call options, reinforcing bullish sentiment. Bitcoin’s push to new record highs this week isn’t letting up, with on-chain data and derivatives activity revealing a market built…
In brief AI drove 92% of U.S. GDP growth, according to Harvard’s Jason Furman. Bank of England flagged stretched valuations reminiscent of the dot-com era. Elon Musk’s xAI raised $20 billion for a new data-center, with bulls and bears debating whether AI is a bubble or not. What happens when artificial intelligence becomes both the…
