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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…

The US Senate has advanced sweeping AI legislation under the National Defense Authorization Act, compelling chipmakers to serve US customers first before exporting advanced processors abroad.On Thursday, senators passed the Guaranteeing Access and Innovation for National Artificial Intelligence Act of 2026, or GAIN Act, as an amendment to National Defense Authorization Act, requiring AI and high-performance chipmakers to prioritize domestic orders before exporting their products.The GAIN Act also gives Congress the right to deny export licenses for the most high-end AI processors and mandates export licenses for all products containing an “advanced integrated circuit.” “Over the past several years, US firms have faced…

Rebeca Moen Oct 11, 2025 05:12 Institutions worldwide are accelerating plans to double digital asset exposure, with tokenization and regulatory shifts fueling the wave. Wall Street’s Digital Reckoning: Institutional Portfolios Set for 16% Crypto Surge An unstoppable wave of institutional capital is set to transform the digital asset landscape, as leading asset managers accelerate their push into cryptocurrencies and tokenized investments. According to State Street’s latest forecast, institutional investors are on track to allocate 16% of their total portfolios to digital assets by 2028—a dramatic rise from 7% in 2025. This seismic shift…

Semilore Faleti is a cryptocurrency writer specialized in the field of journalism and content creation. While he started out writing on several subjects, Semilore soon found a knack for cracking down on the complexities and intricacies in the intriguing world of blockchains and cryptocurrency. Semilore is drawn to the efficiency of digital assets in terms of storing, and transferring value. He is a staunch advocate for the adoption of cryptocurrency as he believes it can improve the digitalization and transparency of the existing financial systems. In two years of active crypto writing, Semilore has covered multiple aspects of the digital…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The Bitcoin price and the entire crypto market suffered one of the biggest crashes in history again in 2025. The premier cryptocurrency, which had been struggling all day on Friday, October 10, eventually succumbed to bearish pressure after United States President Donald Trump announced 100% tariffs on Chinese imports. The rest of the cryptocurrency market also faced significant downward pressure, with the prices of other large-cap assets nosediving following the US tariff news. According to data from CoinGlass, nearly $10 billion worth of open interest was erased…

Venezuelan opposition leader María Corina Machado has been awarded the 2025 Nobel Peace Prize, recognized for what the Norwegian Nobel Committee called her “tireless work promoting democratic rights for the people of Venezuela.”  But for many in the Bitcoin community, the win carries another layer of meaning — because Machado isn’t just a democracy activist. She’s also one of few (but growing) global political figures who has openly embraced Bitcoin as a tool of resistance against authoritarianism. The Nobel Committee described Machado, 58, as “a woman who keeps the flame of democracy going amidst a growing darkness.”  It’s a description…

APIA, Samoa, Oct. 11, 2025 /PRNewswire/ — Phemex, the most efficient crypto exchange, today announced the launch of its Market Confidence Campaign, a global initiative designed to support traders during the current market downturn. Crypto markets have experienced broad declines across major assets in the past week, driven by macroeconomic uncertainty, deleveraging pressures, and weakening risk appetite. In response, Phemex is introducing practical incentives and cost-saving measures to help users maintain disciplined strategies and long-term confidence amid volatility. Running from October 11 to October 31, 2025, the campaign supports both new and existing users through incentives that promote disciplined participation…