Monday saw major capital withdrawals in United States cryptocurrency exchange-traded funds amounting to more than $755 million in Bitcoin and Ethereum products. The huge exodus came after a weekend that had seen unprecedented liquidations of more than 20 billion across digital asset markets across the globe. The mood of investors
The native token of Synthetix has seen an impressive rise, surging more than 150% in a single day as investors flock back to the old protocols. The dramatic price action caused SNX to be pushed out of the range of around $1.00 to over $2.35 with short-term highs of $2.51
On October 9, SunPerp (derived from the Chinese name for “Sun Wukong“), the world’s first Chinese-branded decentralized perpetual futures trading platform, was officially unveiled during an X Spaces session featuring Justin Sun and several prominent industry leaders. The record-breaking session, which drew over 42,000 live listeners, quickly became a major
Bitcoin mining giant Marathon Digital Holdings took the chance in the market selloff last week to increase its cryptocurrency holdings by a large margin. The publicly traded company bought 400 bitcoin at a value of about $46 million when the price was falling, and this indicates that the company is
Cryptocurrency exchange Ju.com announced today it will distribute 1.9 billion computing power valued at $3.8 billion USD to traders who experienced liquidations due to the market volatility on October 10-11, regardless of which platform they were trading on. The compensation covers liquidations that occurred between October 10-11, 2025, during a
Singapore, Singapore, 13th October 2025, Chainwire
Dubai, United Arab Emirates, 11th October 2025, Chainwire
Galaxy Digital has received a substantial investment from an unnamed large asset manager, which has solidified its stance in the data center market that is currently booming. The investment indicates institutional belief in the strategic change of Galaxy to stop cryptocurrency mining and move to artificial intelligence infrastructure. This financing
The recent financial crisis in the cryptocurrency market revealed that there are major disparities between decentralized and centralized trading platforms. Hyperliquid DEX proved to be highly resilient as the big exchanges had technical problems. The volatility in the digital asset markets this week was caused by the announcement by Trump
Analyst Zach Rector has highlighted liquidity challenges facing XRP as the token trades at $2.83 with a 2.5% spread between buy and sell prices. The spread indicates the gap between what sellers receive and buyers pay for the asset. Current market conditions show sellers could receive approximately $2.74 for XRP
