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A crypto whale has pocketed over $160 million in profits after correctly betting on Bitcoin and Ethereum’s recent price decline.On October 11, blockchain analysis platform Lookonchain reported that a long-term Bitcoin holder had opened more than $1.1 billion in short positions on the top two cryptocurrencies by market capitalization.Sponsored SponsoredHow Bitcoin Crash Made This Trader $160 Million RicherThe trader effectively wagered that both assets would drop in value despite their recent bullish momentum. Within just 30 hours, that prediction proved right—Bitcoin and Ethereum prices fell sharply, earning the trader an estimated $160 million in realized profit.Following the sell-off, the trader…

XRP, the digital asset that powers the XRP Ledger (Ripple protocol), nosedived on Friday, Oct. 10, reaching its lowest level since December.  Summary Ripple’s XRP token tumbled 63% from its yearly high to $1.37 before bouncing back 75%, triggering $700 million in liquidations and vindicating chartist Peter Brandt’s bearish warning. The drop came amid a $300 billion crypto selloff fueled by escalating U.S.–China trade tensions. While XRP has since stabilized — helped by ETF inflows and hopes for new approvals — analysts warn volatility will persist as technical indicators flash both risk and potential recovery. XRP price crash confirms analyst…

Token2049Token2049 hosted 25,000 enthusiasts and crypto executives in Singapore.The industry revels in the world’s largest economy flipping bullish on crypto.Yet, it’s still navigating some of its more unusual use cases.Token2049 highlighted the state of flux the crypto industry finds itself in.Over the course of a week in October, some 25,000 visitors descended on Singapore for over 300 side events for a World’s Fair for digital finance. Token2049 attendees mingled with Wall Street banks, fintech giants, and sanctioned Russian entities, as well as actors from the Squid Game, influencers, former White House staff members-turned-crypto executives, and members of US President Donald…

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 Trump ratcheted up his threats in a follow-up post on Truth Social.Most crypto assets were suddenly in freefall. Bitcoin had been sitting above the $121,000 mark on Friday morning, but ultimately dipped below $106,000 in the afternoon, according to CoinGecko.Altcoins were hit much harder. Ethereum…

In brief Fox Business’s Charles Gasparino reported internal White House talks about pardoning Changpeng “CZ” Zhao. Binance founder CZ, who resigned as CEO in 2023 and served prison time, remains its largest shareholder. A pardon could reopen U.S. markets to Binance and signal an even friendlier crypto policy under Trump. Is the Trump administration seriously weighing a pardon for Binance’s Changpeng “CZ” Zhao ?Crypto Twitter is all aflutter after Fox Business reporter Charles Gasparino tweeted a “scoop” claiming White House insiders say discussions are heating up and Trump “is leaning toward a pardon.” Gasparino is a veteran financial and political…

Bitcoin took a sharp plunge on Friday, falling more than 12% after President Trump announced a 100% tariff on Chinese imports, sparking fears of a new trade war. The news sent shockwaves through the crypto market, wiping out over $19 billion in liquidations and causing panic selling among millions of traders. Bitcoin briefly dropped below $105,000 before bouncing back slightly. This plunge mirrored broader market fears as investors rushed to safer assets, amidst uncertainty over escalating US-China tensions and economic stability. But, in the face of deep uncertainty, some experts are keeping calm and asked investors to show some faith…

The Binance ecosystem has once again proven to be fertile ground for explosive token growth. This time, the spotlight is on ChainOpera AI (COAI), a decentralized artificial intelligence platform whose token has surged over 1,300% in less than a month, briefly topping a $1.1 billion market capitalization. The rally comes as Binance Coin (BNB) leads a broader October surge, often dubbed “BNB Season,” pulling ecosystem projects upward. But beneath the excitement lies a familiar question: can such breakneck gains hold up in the long run, or is this another speculative frenzy destined for correction? COAI’s Rapid Rise to a Billion-Dollar…

The XRP Ledger (XRPL) ecosystem experienced steady growth and innovation in September 2025. This was marked by major product updates, compliance milestones, and community-driven developments. New Features and Compliance Developments The monthly highlights were shared by Dan Fisher, Community Relations Manager at XRPL, via X. One of the month’s developments was Joey Wallet’s simplified onboarding guide, which streamlined access to XRPL for new users through integrations with MoonPay, First Ledger, and XRPCafe. XRPScan also introduced an amendment voting timeline to improve transparency in validator operations, such as the Token Escrow proposal, which provides details on voting. September also saw Xaman…

After a highly successful launch, the XPL token has fallen almost 50% from its opening week high.Stablecoin-focused Layer 1 blockchain Plasma debuted its XPL token two weeks ago, and following an impressive post-TGE surge to a $17 billion fully diluted valuation (FDV), the token has since been bleeding.XPL launched on Sept. 25 and doubled from its opening price of roughly $0.8 to a high of $1.67 in the following days, rewarding ICO participants with a 3300% return on their investments.However, since that peak, the token has struggled and currently trades at $0.87, or an $8.7 billion valuation, a 47% drop…

ARK Invest says bitcoin’s fundamentals, adoption trends and macro environment are aligning to support continued strength into the final months of 2025, even as cycle dynamics signal the need for caution.On-chain signals point to structural strengthIn its latest “Bitcoin Quarterly “report for the three months ended Sept. 30, Cathie Wood’s ARK Invest argues that bitcoin’s core fundamentals remain firmly intact. The firm notes that network activity, profitability levels and supply distribution all continue to reflect strong underlying demand, with long-term holders showing few signs of capitulation.ARK points to what it calls “bullish” on-chain positioning, with the majority of coins remaining…