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Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer ...

Recent bullish opinions surrounding Bitcoin (BTC) have faded as the cryptocurrency has seen a significant drop in price following geopolitical tensions in the Middle East.  Investor sentiment is in a state of flux — with many openly questioning theses such as the decentralized currency’s role as a substitute for gold as a hedge. Vocal bulls are still highlighting the fact that recent factors — such as the best September in history, as well as a strong Chinese Yuan could serve to either recover lost ground in terms of price action or even lead to parabolic breakouts to the upside. Picks for you AI predicts XRP price for October 31, 2024 1 hour ago R. Kiyosaki reveals why Bitcoin will be the end of ‘fake money’ ...

Amid Japan’s FX and carry trade crisis last weekend, crypto had one of its worst weekends in history. From US markets’ close on Friday to their opening on Monday, bitcoin lost one-fifth of its value. Other crypto assets fared far worse. Ether, for example, lost one-quarter of its value over the past week. Other large altcoins mirrored ether with Solana (SOL), Avalanche (AVAX), Polkadot (DOT), Optimism (OP), Aptos (APT), Sui (SUI), Uniswap (UNI), and Filecoin (FIL) all losing approximately one-quarter of their market capitalizations. Even MicroStrategy briefly dipped by nearly -30% . Crypto meme coins are this week’s worst performers Moving down the credibility leaderboard, meme coins ranked among the worst performers during the recent downturn. In the past seven days, Pepe has declined 33%, DogWifHat is down 40%, MAGA lost 43%, and Floki lost 30%. Even the largest meme coin, Dogecoin, shed 24%. Overall, the global crypto market capitalization has lost $425 billion since ...

The cryptocurrency market has crash ed, with most cryptocurrencies registering double-digit losses since June 17. In this scenario, crypto bulls lost nearly $400 million in long position liquidations, with over 165,000 traders getting ‘rekt.’ Finbold retrieved data from CoinGlass showing a total liquidation of $440.24 million in the last 24 hours. Notably, $378.52 million was from long positions that reached their liquidation prices, with a dominance of Ethereum (ETH). On the other hand, short-sellers lost less than $62 million. Crypto bulls of the leading Web3 and DeFi blockchain lost $68.44 million, while Ethereum bears lost $16.27 million. Moreover, the largest single liquidation occurred with an ETH pair against the USDC on Binance, a $6.44 million order. Picks for you How rich is Delaware senator Chris Coons; Chris Coons...

A crypto wallet linked to the BNB Smart Chain exploit had three of its positions liquidated after BNB’s price dropped below $220. The sudden market pullback in the crypto space liquidated many traders and, according to data shown on the blockchain, the attackers responsible for the infamous BNB Smart Chain exploit, which led to the theft of almost $600 million worth of BNB (BNB) tokens.  On Oct. 6, the cross-chain bridge by blockchain network BNB Smart Chain was suspended because of an exploit that allowed the hacker s to make off with 2 million BNB tokens, which were worth around $568 million at the time of the theft. On Aug. 18, a crypto wallet linked to the exploit had its collateral, worth more than $53 million, liquidated on the crypto lending platform Venus Protocol, according to blockchain security firm PeckShield. The hacker apparently used the tokens as collateral for a 30-million-Tether (USDT) loan on the protocol. Transaction showing that the BNB exploiter was liquidated...