ZEC has fully recovered the value it lost during Friday's market downturn. The asset reached a recent high of $291. Subsequently, ZEC's price decreased to the $270 level.
Telbet, a rapidly growing crypto sports betting and casino platform, has completed its full platform integration with Bitcoin.com. Bitcoin.com is recognized as a global leader in crypto solutions. This integration provides Bitcoin.com’s substantial user base with direct access to Telbet’s sports and casino offerings. The partnership establishes a streamlined connection between digital assets and next-generation platforms.
Ethena's USDe depegging incident did not significantly impact the price of ENA. A recent event involved USDe experiencing a depegging from its intended value. Despite this occurrence, the price of ENA demonstrated resilience and remained relatively stable.
Zcash (ZEC) has regained losses experienced during Friday’s market downturn. The cryptocurrency rallied to a recent high near $291. The price has since stabilized around the $273 level. This recovery indicates strong demand for Zcash, a layer-1 blockchain focused on privacy.
Ripple aims to revolutionize cross-border payments and believes increased demand for XRP will drive its price. The company’s On-Demand Liquidity (ODL) product uses XRP as a bridge currency for faster, low-cost international transactions. ODL bypasses traditional pre-funded accounts, creating seamless money movement and boosting XRP demand. Ripple anticipates greater adoption of ODL will organically increase XRP’s transactional volume and, consequently, its price. Ripple’s economic model also relies on managing XRP’s supply. The company holds a significant portion of XRP's total supply, released incrementally to prevent market flooding. Ripple’s sales and distribution rate directly impacts how effectively increased demand translates into price growth. Monitoring Ripple's reports reveals the balance between institutional liquidity usage and open market XRP sales. A recent resolution in Ripple's legal battle with the SEC, confirming XRP’s non-security status, has spurred institutional interest. This clarity has encouraged banks and remittance firms previously hesitant due to legal uncertainties. With this acceptance, Ripple can expand its ODL partnerships and network across regions like the Middle East, Latin America, and Southeast Asia.
The crypto market experienced a record-breaking liquidation event, wiping out over $19 billion in leveraged positions within 24 hours. This event, approximately 9 times larger than previous records like the COVID crash and FTX collapse, impacted 1.6 million traders across major exchanges. The event resulted in a substantial drop in the global crypto market capitalization, with Bitcoin experiencing a significant price swing. The crash was triggered by a combination of factors, primarily a sudden announcement of increased tariffs on Chinese imports. This announcement, coupled with existing thin liquidity, prompted a wave of panic selling and automatic liquidation bots. The imbalance was stark, with long positions suffering significantly more losses than short positions, highlighting the dangers of over-leveraged trading. Analysts view this event as a technical correction rather than a fundamental crisis, driven by excessive leverage and an overheated market. While volatility is expected to remain high, indicators suggest this could be a market reset. This event serves as a crucial reminder of the risks associated with leverage and the importance of managing risk within volatile markets.
The crypto market experienced a chaotic morning with multiple altcoins on Binance suffering flash crashes, some exceeding 90%. This event, potentially triggered by automated liquidations of cross-margin collateral by major centralized exchanges (CEXs), sent shockwaves across the industry. Market data indicated unusually high volumes of automated liquidations, suggesting systemic margin clearing events were involved. Binance deployed $188 million from its shared insurance fund to cover losses and stabilize trading during the volatility. Co-founder He Yi confirmed a compensation plan for users who experienced losses directly attributable to Binance's actions, not market movements. Binance leadership emphasized accountability and a commitment to addressing user concerns fairly. The crash served as a significant stress test for blockchain infrastructure, with Solana enduring its largest throughput ever at 100,000 TPS. Hyperliquid reported zero disruptions despite record trading volume, demonstrating the stability of its onchain risk and margining model. Multiple exchanges, including OKX and Hyperliquid, maintained stable operations and reported no downtime. Despite the resilience of some systems, liquidity remains thin, and volatility persists across the market. The event highlighted the fragility of cross-margin mechanisms and the potential for cascading effects from automated liquidations. Traders are advised to proceed with caution and remain aware of ongoing market risks.
Several of the world's largest and most influential banks are collaborating on a joint initiative. The purpose of this collaboration is to investigate the potential for launching a stablecoin product. This exploration signifies a growing interest from traditional financial institutions in the digital asset space.
Securitize, a blockchain firm, is in advanced talks to go public via a merger with Cantor Equity Partners II Inc., a special purpose acquisition company. The potential transaction could value Securitize at over $1 billion. While discussions are ongoing, the company could still remain private. Tokenization allows for fractional exposure to traditional assets like equities and real estate through blockchain-based tokens. This approach combines blockchain's efficiency with regulated investment products, facilitating mainstream blockchain adoption. Securitize’s platform allows investors access to tokenized assets, including S&P indices. Securitize has attracted significant investment from major financial players, including BlackRock and Morgan Stanley. The company is registered with the U.S. SEC as a transfer agent and holds licenses to operate internationally. Notable backers also include ARK Venture Fund, Tradeweb Markets Inc., and Nomura Holdings Inc.
Binance will compensate users impacted by the recent price instability of USDE, BNSOL, and WBETH tokens. The compensation plan covers Futures, Margin, and Borrower users who experienced liquidation between specific times on October 10, 2025. Calculations will be based on the difference between market and liquidation prices as of October 11, 2025. Users not covered by the plan can request individual evaluations via customer support. The price drift was triggered by recent market volatility and platform-related issues. Binance sincerely apologized for the inconvenience caused to affected users. The exchange acknowledged the impact on collateral holdings of USDE, BNSOL, and WBETH. An analyst has updated an AI Bitcoin price forecast following the recent drop. Binance has implemented technical improvements to prevent future incidents. Redemption price will be added to the index weights for the affected tokens. A minimum price threshold will be introduced for the USDE index rule. The frequency of risk control parameter reviews will increase. This change allows for a more responsive approach to evolving market conditions. Binance aims to ensure greater price stability in the future.
Aave experienced a considerable challenge amidst Friday’s crypto market decline. The AAVE token demonstrated substantial volatility, rapidly decreasing in value before recovering. The original article appeared on COINTURK NEWS. Further details can be found by following the “Continue Reading” link associated with the title "Crypto Lending Giant Aave Faces Extreme Market Stress."
SUI, along with other cryptocurrencies, has experienced a significant price drop recently due to rising economic tensions between the US and China. This downturn mirrors a broader market reaction to planned tariffs on Chinese goods and potential export controls. The current trading price of SUI reflects a substantial decline over the past 24 hours and a broader downward trend over the past week. Daily trading volume has increased significantly, indicating heightened market activity. Despite the recent decline, analyst Ali Martinez maintains a bullish outlook for SUI. Martinez projects SUI to potentially reach a new all-time high before the end of 2025. Current analysis indicates the possibility of a major breakout if SUI surpasses the $3.59 Fibonacci retracement level. SUI is currently forming a symmetrical triangle pattern, suggesting a period of declining volatility before a decisive price move. A successful breakout could trigger a sharp bullish wave, potentially reaching resistance points around $4.25, $5.28, and ultimately $6.97 – $7.00. However, a failed breakout could lead to further weakness. Investors should be aware of potential risks, including rejection near the upper boundary. A dip below the $3.18 Fibonacci level could invalidate the bullish setup. Potential support levels to watch include $2.82 or $2.44 if a bearish trend resumes.
The XRP Ledger (XRPL) ecosystem saw substantial progress in September 2025, with updates across various sectors. Key areas of advancement included simplified user onboarding, enhanced transparency in validator operations, and expansions in decentralized features. These developments highlighted ongoing innovation and community engagement within the XRPL network. Several wallet applications received significant improvements, streamlining user experience and expanding functionality. Joey Wallet simplified onboarding, Xaman Wallet removed trustline requirements, and First Ledger reduced trading volume thresholds. These changes facilitated easier token transfers and broader adoption of the XRPL. September witnessed advancements in compliance features and institutional adoption efforts. The Credentials amendment introduced decentralized identity verification, and Chainalysis expanded token support. RippleX also released an updated DeFi Roadmap, focusing on lending protocols and private transactions, attracting institutional interest. The month concluded with the XRP Seoul 2025 conference, uniting a large international community. Initiatives such as Gamechain, the Aquarium Residency, and GLOW underscored the growing DeFi and gaming ecosystems. Ripple’s donation and community discussions further fueled progress and innovation within the XRPL ecosystem.
Cryptocurrency analyst Timothy Peterson has updated his Bitcoin price forecasts following a recent price decline. An AI-powered model now projects Bitcoin to reach $130,000 by month-end, a 12% increase from its current value of $113,500. Peterson’s model also suggests a December price of $162,000 based on annual seasonality. These predictions follow a broader market downturn impacting both Bitcoin and alternative cryptocurrencies. The probability of a negative October, termed "Uptober," has increased to 18%. Peterson's model assesses Bitcoin’s price relative to historical data. He believes significant uptrends typically commence during the third week of the month. This analysis comes after substantial price drops within the cryptocurrency market. Peterson's forecasts utilize an AI-powered model and incorporate historical data and market conditions. His previous analyses have employed “Metcalfe’s law” to evaluate Bitcoin’s long-term worth. The analyst maintains a positive outlook for Bitcoin’s year-end performance.
Vietnam's economy is experiencing unprecedented growth, outperforming forecasts and achieving its strongest performance in years despite facing a 46% tariff imposed by the U.S. administration. Foreign direct investment continues to climb, with manufacturing driving much of the growth, and GDP surged 8.23% in the third quarter. The country’s rising trade surplus with the U.S. has also garnered attention. Party General Secretary To Lam is spearheading significant reforms, including dismantling parts of the public sector, merging ministries, and launching an anti-corruption campaign. “Resolution 68” officially recognized the private sector as a key economic driver. These changes, though intended to foster growth, are creating uncertainty for some businesses. Vietnam's upgrade to "emerging market" status by FTSE Russell has fueled a stock market surge and attracted significant international investor interest. Hanoi is further easing investment regulations, including eliminating foreign ownership caps. The upcoming party congress will be crucial in determining the government’s future direction and navigating ongoing trade tensions.
Bitcoin is demonstrating resilience while many alternative cryptocurrencies, or altcoins, are experiencing significant losses. The possibility of $110,000 acting as a support level is being considered by analysts.
London's silver market experienced an unprecedented surge this week, pushing prices above $50 an ounce, a level rarely seen historically. This dramatic rally has disrupted the market, causing liquidity to vanish and significantly increasing borrowing costs for those short on silver. Traders are resorting to extraordinary measures, like flying silver bars from New York to London to capitalize on inflated premiums. Unlike the 1980s Hunt brothers incident, this surge isn't attributed to a single entity attempting to corner the market. A combination of factors, including rising investor demand, dwindling inventories, and concerns about U.S. tariffs, have contributed to the price increase. A surge in Indian demand, coupled with shifting sourcing practices, has significantly drained London's available silver supply. London's silver vaults have steadily depleted, with freely available silver plummeting drastically since 2019. The London Bullion Market Association is actively monitoring the situation as prices soar and bid-ask spreads widen considerably. Concerns linger about potential U.S. import tariffs under Section 232, further complicating the market and causing uncertainty among traders.
The cryptocurrency market experienced a substantial downturn, resulting in a loss of $19.38 billion. This decline reflects a broader trend of volatility within the digital asset space. The Shiba Inu (SHIB) metric saw a notable plunge, indicating a significant decrease in its value during this market correction.
The last 24 hours have been marked by significant activity on Crypto Twitter. Screenshots, wallet trackers, and downward price movements have converged into a discussion centered around alleged manipulation by unidentified major platforms or over-the-counter (OTC) desks. A broader perspective reveals that the recent bitcoin price drop from $122,000 to $109,683 may not be due to deliberate manipulation.
Discussions are underway among individuals close to Donald Trump regarding a potential pardon for Changpeng Zhao. If granted, this clemency could potentially restore political influence for Zhao and diminish regulatory restrictions on his future activities within the cryptocurrency sector. Such a decision would likely have a significant impact on the operations and future direction of Binance.
Reports indicate the Trump administration is considering a pardon for Changpeng “CZ” Zhao, the founder of Binance. Zhao recently completed a prison sentence following his guilty plea to a money laundering offense. The potential pardon is currently under evaluation by the administration.
A significant controversy has arisen within the crypto world, alleging a massive short position in Bitcoin was opened and closed for an $88 million profit just before a major U.S. tariff announcement. This timing, coupled with a lack of transparency, has raised concerns about potential insider information or market manipulation, prompting calls for a thorough investigation. Crypto analyst Vivek Sen initially reported the alleged trade with screenshots purporting to show the activity. Prominent pro-XRP attorney John E. Deaton has publicly urged an investigation into the incident, elevating it from an internet rumor to a matter of public interest. Deaton's involvement highlights concerns about fairness, transparency, and accountability within the crypto market. Independent investigatory groups are examining on-chain data and trading records to seek further clues. If validated, the incident could lead to increased regulatory oversight of crypto derivatives platforms, potentially requiring exchanges to reveal sensitive data. The case serves as a test for accountability within the evolving crypto market. Regulators and exchanges are being watched for responses to the allegations.
A significant decline occurred in the Ethereum derivatives market on October 10, 2025. This event is being described as a record single-day contraction in ETH derivatives. The open interest, representing the total value of outstanding contracts, decreased substantially. It fell from $28 billion to $19 billion during this period. This substantial decrease triggered widespread liquidations, resulting in billions of dollars being wiped out across the derivatives market.
Peter Brandt, a well-known cryptocurrency analyst, has reaffirmed his BTC Banana Chart in response to the current market downturn. This confirmation arrives during a period of significant volatility and losses within the cryptocurrency market, often referred to as a "crypto bloodbath." Brandt’s “Banana Chart” is a technical analysis tool he uses to identify potential support and resistance levels for Bitcoin.
