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Ethana’s yield-bearing stablecoin, USDe, briefly lost its 1:1 dollar peg during the recent sharp market sell-off triggered by U.S. President Donald Trump’s announcement of a 100% additional tariff on China.On Binance, USDe dropped to 65 cents before quickly regaining parity with the dollar during what’s seen as crypto’s largest ever liquidation event in U.S. dollar value. More than $19 billion in liquidations occurred over just 24 hours.USDe, which currently offers a 5.5% yield to holders, is backed by a mix of cryptocurrencies and uses a basis trade strategy, a financial setup that aims to profit from price gaps between spot…

Bitcoin began October on a strong bullish note, gaining by over 12% to establish a new all-time-high price around $126,100. However, the recent days have presented a troubling amount of selling pressure, especially in the last few hours due to tariff threats from the United States’ President Donald Trump. Amidst this highly volatile environment, on-chain data has also surfaced, highlighting market whales’ confidence in the market. Related Reading Bitcoin Whales Are Holding Their Ground In a QuickTake post on the CryptoQuant platform, a market analyst with the username PelinayPA revealed that there is very little exchange activity among the Bitcoin…

AI agents, software systems that use AI to pursue goals and complete tasks on behalf of users, are proliferating. Think of them as digital assistants that can make decisions and take actions towards goals you set without needing step-by-step instructions — from GPT-powered calendar managers to trading bots, the number of use cases is expanding rapidly. As their role expands across the economy, we have to build the right infrastructure that will allow these agents to communicate, collaborate and trade with one another in an open marketplace.Big tech players like Google and AWS are building early marketplaces and commerce protocols,…

The native token of Aave AAVE$237.51, the largest decentralized crypto lending protocol, was caught in the middle of Friday’s crypto flash crash while the protocol proved resilient in a historic liquidation cascade.The token, trading at around $270 earlier in Friday, nosedived as much as 64% later in the session to touch $100, the lowest level in 14 months. It then staged a rapid rebound to near $240, still down 10% over the past 24 hours.Stani Kulechov, founder of Aave, described Friday’s event as the “largest stress test” ever for the protocol and its $75 billion lending infrastructure.The platform enables investors…

Zora, which positions itself as a specialized scaling solution built for creators and DeFi primitives, has historically been subject to intense price volatility since its launch earlier this year. However, the last 48 hours have seen the asset establish a powerful momentum after listings on two critical trading platforms. The ZORA token is native to Ethereum Layer-2 blockchain Base.The Dual-Listing Market Shock and Price ActionThe price rally was initially triggered on October 9 when the mainstream retail investment platform Robinhood announced that it had officially added trading support for the ZORA token. Robinhood’s inclusion is often regarded as a major…

Changpeng Zhao (CZ) detailed the accidental rise of Chinese memecoins on BNB Chain and explained why Aster’s hidden orders provide a structural advantage over Hyperliquid.During his Oct. 10 interview with CounterParty TV, the former Binance CEO attributed BNB’s recent meme explosion to an unplanned Mid-Autumn Festival post and outlined his investment thesis, favoring privacy-focused perpetual DEXs over transparent alternatives.BNB Chain’s Chinese ticker surge started when Zhao posted “Happy Mid-Autumn Festival, post your best memes” during the traditional holiday.The community responded with moon-themed content and Chinese-language tickers, including Zhao Chang’e, a wordplay on Zhao’s name that referenced a female deity from…

XRP’s price experienced a massive crash, leaving over $700 million liquidated. But why? The broader cryptocurrency market saw its worst deleveraging events in history throughout the past 24 hours. Ripple’s XRP didn’t go unscathed. In fact, it was one of the altcoins that painted massive red wicks, dropping to as low as $1.2 on the Binance perpetual contracts charts. That’s a 60% drawdown, which, not surprisingly, had a lot of traders liquidated. So much so that, in fact, almost $1 billion worth of leveraged positions were wiped out in the past 24 hours. Why is the XRP Price Going…

The price of Zcash (ZEC), a supply-capped, shielded, layer-1 coin dedicated to user privacy, fully recovered following Friday’s market crash, forming a new recent high of about $291 on Saturday before retracing to about $273 at the time of this writing.Zcash plummeted by 45% on Friday, falling from a high of about $273 to $150, following a social media post from United States President Donald Trump announcing 100% tariffs on China, which sent the crypto markets into a meltdown.ZEC is only down about 5.5% from its recent high, making it a standout in this market crash. Many cryptos are still…

XRP clawed back losses in Friday’s chaotic trade, rebounding from a 41% collapse to close above $2.47 as institutional bids rebuilt following panic liquidations. The session’s $1.14 range — from $2.77 down to $1.64 — was one of the widest in XRP’s 2025 trading history, driven by macro-led deleveraging and heavy futures liquidations across major venues.What to Know• XRP fell from $2.77 to $1.64 between Oct 10 16:00 – Oct 11 15:00, marking a 41% intraday collapse before rebounding to $2.49.• Over $150 million in XRP futures were liquidated as Trump’s 100% tariff announcement triggered cross-asset risk aversion.• Intraday volume…

I’m not your mother, your priest, or Gary Gensler.I’m not going to tell you that you shouldn’t use 50x leverage gambling on lower-liquidity altcoins on a centralized crypto exchange, because you are a human adult in the year 2025, and you can gamble whatever the hell you care to gamble.But I do have one word of advice, and you can take it or leave it.(I hope you take it.)Gamble with your money. Don’t gamble with your future.If you love to speculate on crypto, speculate with what you can afford to lose.Because whether you believe it’s CZ hunting down Wintermute (prolly…