The recent crypto market crash stunned investors across the globe, but one analyst saw it coming long before it happened. Bitcoin plunged from above $125,000 to briefly below $102,000, and Ethereum dropped to below $3,800, exactly as predicted by popular market commentator Ash Crypto earlier this month.ย His October 1 post on X warned of a sharp correction meant to liquidate all the bulls before a major rebound in Q4. Now that the dip has played out exactly as he forecasted, Ash Cryptoโs outlook for the coming weeks is a…
Day: October 12, 2025
Ethena Founder Says USDe Depeg Due to Binance Oracle Issue
The USDe synthetic dollar depegged on the Binance crypto exchange due to an internal oracle issue and not because of the underlying collateral, the Ethena protocol, or the token itself, according to Guy Young, the founder of Ethena Labs, the creator of USDe. USDe minting and redeeming worked โperfectlyโ during Fridayโs flash crash, he claimed; $2 billion in USDe was redeemed during 24 hours across crypto exchanges, including Curve, Fluid, and Uniswap, with minimal price deviations of 30 basis points (BPS) or less, Young said. The price of USDe fell…
BIGGEST Cryptocurrency Market CRASH!! What Happens Next??
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Solana Price Forecast: SOL Dexs Pull Record $8B Volumes as Bulls Target $200 Recovery
Key Notes Solana price rebounds 5%, reclaiming its $100B market cap amid record DEX trading volumes. Solana-hosted perp DEXs process over $8B in volume during the liquidation event, signaling ecosystem resilience. SOL open interest climbs 6.9% to $10.2B, reflecting rising bullish reentry expectations. Solana (SOL) price rebounded 3% on Sunday, October 8, reaching intraday highs of $190 and reclaiming its $100 billion market cap for the first time since early September. The recovery follows a week of volatility triggered by U.S. President Donald Trumpโs renewed tariffs on China, which sparked…
Bitcoin Big Crash is Coming | Bitcoin Analysis 2025 | #bitcoin #btc #crypto
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Coinbase to unveil Amex card tailored for Bitcoin users
Coinbase is preparing to launch a new American Express credit card in the U.S. this fall, with design and rewards specifically tailored for Bitcoin enthusiasts. Summary Coinbase is teaming up with American Express to launch a Bitcoin-themed credit card in the U.S. this fall โ a move that blends crypto culture with traditional finance. Unlike standard crypto cards that emphasize cashback or token rewards, this one is designed to celebrate Bitcoinโs origins and decentralized ethos, signaling Coinbaseโs intent to cater directly to Bitcoin purists. The timing aligns with a surge…
XRP- $9.3 Trillion Investment Company Jumps Into Crypto – Shane Ellis Theory In Play – XRP $15-$33
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Five Months of Pain: Bitcoin Miners Watch Earnings Crater 27%
Crypto investors might be nursing some serious portfolio bruises this week, but bitcoin miners have their own headache โ earnings per petahash just hit a five-month low, and itโs not exactly the kind of milestone anyoneโs celebrating. Bitcoin Miners Pray for a Break Letโs face it โ since July 11, bitcoin miners have been watching […] Original
Why Did Some Altcoins on Binance Crash to Zero?
Key takeaways Some altcoins, including Cosmosโs ATOM token, briefly fell near zero on Binance during Fridayโs crypto market crash. The same altcoins held real market value on other centralized crypto exchanges. On Oct. 10, the cryptocurrency suffered its most severe downturn since the FTX collapse, with the total market capitalization dropping by approximately $850 billion within hours. Bitcoin (BTC) fell around 10โ15%, from highs near $124,000 to lows of $105,000. However, altcoins fared far worse, especially those traded on Binance, with many plunging 99.99-100% in minutes. That includes tokens like…