Crypto News Today
It’s been a tough three days for the cryptocurrency market… to put it mildly. But bitcoin holders are better off, as the price of bitcoin sharply returned to around $116,000 today after a volatile weekend that saw the cryptocurrency market’s broadest slump. The price of bitcoin fell to a low of $100,000 on Friday as … Read more
Binance has confirmed that it has refunded $283 million to users affected by a recent wave of liquidations triggered by asset depegging during severe market volatility. The compensation was issued after USDe, BNSOL and wBETH briefly lost their pegs, leading to a cascade of liquidations across several trading products. According to Binance, the refund procedure … Read more
Ethereum is showing early signs of recovery after Friday’s dramatic sell-off that sent prices tumbling to $3,450. The drop came in what analysts describe as the largest liquidation event in the history of the cryptocurrency market, wiping out billions of leveraged positions on major exchanges. While bulls briefly lost control during the panic, ETH has … Read more
Citi is reportedly preparing to launch a cryptocurrency custody service by 2026, joining a growing list of Wall Street institutions that are expanding into bitcoin and other assets amid a friendlier U.S. regulatory climate. Biswarup Chatterjee, Citi’s global head of partnerships and innovation for its services division, told CNBC that the bank has been developing … Read more
While most altcoins are still limping from the sharp October sell-off, Zcash (ZEC) has done the opposite. Yet it can actually reach the $2,000 or the fabulous $50,000 that the Zcash community has predicted the privacy coin could reach in the next decade. Despite the hype, critics say no: ZEC has been in existence for … Read more
According to reports, the BNB showed unusual strength during the recent market crash that wiped out nearly $20 billion in liquidations at the peak. The token barely moved at first, losing around 2-3% during the initial shock, and subsequently traded above $1,130, gaining over 10% in 24 hours as buyers returned. CZ dismisses skeptics Changpeng … Read more
The price of bitcoin fell to around $118,000 today after President Trump announced plans to raise tariffs on Chinese goods in response to controls on Chinese exports of rare earth metals. The price of Bitcoin has fallen about 2.3% in the past 24 hours and about 6% since reaching a record high above $126,000 just … Read more
Binance said it will compensate a group of users affected by Friday’s extreme market swings that caused three major tokens to lose their peg and triggered forced liquidations. The exchange confirmed On Saturday, October 11, users who held Ethena’s USDe, BNSOL, or WBETH as collateral on its platform between 9:36 PM and 10:16 PM UTC … Read more
THE recent collapse of the cryptocurrency market stunned investors around the world, but one analyst predicted it long before it happened. Bitcoin plummeted from over $125,000 to briefly below $102,000, while Ethereum fell below $3,800, exactly as popular market commentator Ash Crypto predicted earlier this month. His October 1st post on X warned of a … Read more
Venezuelan opposition leader María Corina Machado has been awarded the 2025 Nobel Peace Prize, recognized for what the Norwegian Nobel Committee called her “tireless work in promoting the democratic rights of the Venezuelan people.” But for many in the Bitcoin community, the victory has another meaning, because Machado is not just a democracy activist. He … Read more