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Crypto liquidations continued their rout early morning Asia hours after the broader crypto market continued its plunge hours after U.S. President Donald Trump threatened 100% tariffs on Chinese imports via a Truth Social post, which triggered a global risk-off wave and wiped out more than $16 billion in long positions by midday Hong Kong time.(Truth Social) Trader anxiety that a cooling trade war was about to re-ignite sent a macro shock rippling through crypto, triggering one of the largest long declines in prices of BTC, ETH and other digital assets seen all year.Bitcoin recovered to $113,294 and Ether to $3,844…

The crypto market experienced a correction in the past few days, but analysts believe XRP, ETH, and SOL still have chances to chart new ATHs. Despite the sporadic price surges, the past week or so has not been successful for Ripple’s XRP and Ethereum (ETH). In the following lines, we will analyze their recent performances, outline some interesting predictions, and touch upon other interesting topics. XRP Resurgence Incoming? XRP’s valuation has plunged by 7% over the last seven days and currently trades at around $2.82 (per CoinGecko’s data). It is important to note that whales have sold 440 million…

People close to Changpeng Zhao, the former CEO of Binance better known as ‘CZ,’ say discussions are intensifying inside the Trump White House over whether to issue a presidential pardon for the embattled crypto executive, according to reporting from Charles Gasparino, a Senior Correspondent at FOX Business.  Zhao, once among the most influential figures in the digital asset world, served time following a plea deal with the U.S. Department of Justice in 2023 that included a money-laundering conviction and $4.3 billion in fines for Binance.  But according to several sources familiar with the matter, many within Trump’s inner circle now…

Shuffle, a leading crypto betting platform, suffered a data breach after its third-party customer service provider was compromised, exposing the data of most of its users.According to a Friday X post from Shuffle founder Noa Dummett, the company’s customer relationship management (CRM) service provider, Fast Track, suffered a data breach that exposed its users’ data. Shuffle used the service in question for “programmatic email sending and various communications with users,” suggesting that those messages and email addresses were likely among the exposed data.“Unfortunately, it seems that their breach has impacted the majority of our users,” Dummett wrote. He said that…

A group of banks is in the process of exploring the launch of stablecoins focused on some of the world’s biggest fiat currencies, including the US dollar, euro and Japanese yen.According to a Friday statement from BNP Paribas, banks including Bank of America, Goldman Sachs, Deutsche Bank and Citi said that they had launched a project to explore the “issuance of a 1:1 reserve-backed form of digital money that provides a stable payment asset available on public blockchains” linked to currencies from the Group of Seven (G7) countries: the United States, Canada, the United Kingdom, France, Germany, Italy and Japan.…

Bitcoin traded at $117,729.81 as of press time, struggling to extend gains from its $126,000 all-time high as short-term positioning dynamics and risk-off flows dominated the medium-term debasement thesis.The debasement trade thesis gained popularity after JPMorgan published a report on the topic on Oct. 1. The thesis is based on the expectation that fiscal expansion and currency devaluation will drive demand for hard assets.Consequently, assets that hold buying power, such as gold and Bitcoin, would favor under these conditions. Amid this backdrop, gold reached a new all-time high of $4,059.38 on Oct. 10.But if gold is benefiting from the debasement…

Morgan Stanley, one of the world’s largest wealth managers, has reportedly informed its financial advisers that all clients will be able to invest in cryptocurrency funds starting Oct. 15, CNBC reported.Advisers will be able to offer crypto funds to clients with individual retirement accounts (IRAs) and 401(k)s, a significant shift from the previous policy that restricted access to high-net-worth investors with over $1.5 million in assets and an aggressive risk profile.The move could unlock millions of dollars currently tied up in other assets, paving the way for a portion of that capital to flow into cryptocurrencies. As of June 30,…

This Friday, we examine Ethereum, Ripple, Cardano, Binance Coin, and Hyperliquid in greater detail. Ethereum (ETH) Ethereum closed the week with a 3% loss after buyers were unable to keep the price above $4,500. This level also acts as a key resistance. Since sellers have the upper hand, they may be able to take ETH to the key support at $4,000 before buyers decide to return and stop this correction. In the past, the $4,000 level defended the price well. Looking ahead, Ethereum needs to complete its correction before it can hope for new highs. That starts by reversing this…

Litecoin (LTC) ripped as much as 11% to $129–$131, outpacing Bitcoin and Ethereum during a market pullback as fresh spot ETF momentum stoked bids. Trading volume exploded 143% to $1.66B, while futures open interest jumped 25% to $1.21B, signaling new leverage and renewed directional conviction. Related Reading The catalyst is linked to the growing confidence that a U.S.-listed spot Litecoin ETF could be near the finish line. Canary Capital’s updated S-1 now includes ticker LTCC and a 0.95% fee, the kind of last-mile filing detail ETF watchers say typically appears “before go-time.” With Grayscale and CoinShares also in the hunt,…

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