Crypto absorbed its largest liquidation shock of 2025, with the heaviest single-day wipeouts since summer 2023 for ETH and SOL and the biggest since June for BTC, triggering a sharp, sentiment-driven downdraft across majors and large-cap altcoins. In a video analysis published today, analyst CryptoInsightUK urged restraint and argued that the move looks like a leverage flush rather than a structural break, pointing to liquidity maps, momentum gauges, and market-cap composites that, in his view, still skew constructive once the dust settles. Do not rush and panic this morning,” he…
Day: September 23, 2025
Tether Denies Claims it Abandoned Uruguay Crypto Project
Stablecoin issuer Tether has denied widespread local media reports that it is exiting Uruguay over a $4.8 million debt dispute with one of the country’s state-owned electricity entities. According to local news source Telemundo, Tether abandoned its crypto mining operations and future plans after the National Administration of Power Plants and Electric Transmissions (UTE) unplugged power at its facilities for failing to pay a $2 million electricity bill for May. It also reported that Tether also owed around $2.8 million for other local projects, bringing its total liabilities to roughly…
Polkadot’s Largest DeFi Protocol Hydration Launches Decentralized Stablecoin
Key Notes The new stablecoin uses the HOLLAR Stability Module for automated price support and partial liquidations. Polkadot founder Gavin Wood endorsed the launch, preferring it over centralized alternatives like USDC. Four specialized liquidity pools will be created outside Hydration’s Omnipool for enhanced trading venues. Hydration, a primary protocol in the Polkadot ecosystem, has launched HOLLAR, a decentralized stablecoin designed to address existing market weaknesses. The release, announced on September 22, completes Hydration’s vision to combine trading, lending, and stable value storage on its dedicated app chain. HOLLAR operates as…
What 1 Ethereum Coin Will Be Worth by 2035… How Many ETH to be a MILLIONAIRE?
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Bitcoin Falls Below $113,000, But This Indicator Says It’s Time To Buy
Keshav is currently a senior writer at NewsBTC and has been attached to the website since June 14, 2021. Keshav has been writing for many years, first as a hobbyist and later as a freelancer. He has experience working in a variety of niches, even fiction at one point, but the cryptocurrency industry has been the longest he has been attached to. In terms of official educational qualifications, Keshav holds a bachelor’s degree in Physics from one of the premier institutes of India, the University of Delhi (DU). He started…