Bitcoin is recovering after one of its sharpest corrections this year, with on-chain data suggesting the recent crypto crash may have set the stage for a healthier rebound. Summary Bitcoin’s open interest plunged by $12 billion during Friday’s crypto crash, marking one of the steepest leverage resets in recent history. Key on-chain metrics, including funding rates and the Stablecoin Supply Ratio, point to stabilizing sentiment and rising liquidity. Digital asset investment products saw US$3.17 billion in inflows last week, with BTC leading at US$2.67 billion, demonstrating continued investor confidence. Bitcoin…
Day: October 13, 2025
Most Coordinated Attack In Crypto History? What Led To $19 Billion In Losses As Bitcoin Price Crashed
The biggest crypto market crash came and went over the weekend, but the effects still linger on. Bitcoin, Ethereum, and nearly every major digital asset suffered price crashes, and what began as a panic over former US President Donald Trump’s surprise 100% tariff announcement on Chinese tech exports soon spiraled into over $19 billion wiped from the crypto market. In the aftermath, some analysts and commentators began piecing together what might have really happened, and many now believe that the crash was not natural but a meticulously coordinated event. The…
Solana, XRP Shine as Crypto Inflows Hit $3.17B
Key Notes According to CoinShares data, digital asset investment inflows totaled $3.17 billion in the past week. Solana and XRP saw their inflows slow down to $93.3 million and $61.6 million, respectively. The broader cryptocurrency market expects a US SEC decision on SOL and XRP ETFs in the upcoming days. With digital asset investments inflows hitting $3.17 billion, Solana SOL $193.1 24h volatility: 6.6% Market cap: $105.39 B Vol. 24h: $12.31 B and Ripple-associated token XRP XRP $2.57 24h volatility: 7.5% Market cap: $154.04 B Vol. 24h: $10.47 B have…
Bitcoin ETFs Draw $2.71B Inflows — What’s Next for BTC?
Key Notes BlackRock’s IBIT led spot Bitcoin ETF inflows, pulling in $2.63 billion last week. October has already seen over $5 billion in net Bitcoin ETF inflows. After a brief crash, BTC has rebounded to trade above $115,000 with surging trading volume. Last week, from Oct. 6 to Oct. 10, spot Bitcoin ETFs recorded $2.71 billion in net inflows, reflecting strong institutional confidence in cryptocurrency’s long-term potential. BlackRock’s iShares Bitcoin Trust (IBIT) took the lead, contributing $2.63 billion alone. According to data from SoSoValue, IBIT’s net assets now stand at…
Can Zcash Rally Sustain as ZEC Price Rises 520% in a Month?
Key takeaways: Zcash (ZEC) has soared over 520% in the past month, even defying the broader crypto sell-off that wiped out $20 billion in leveraged positions over the weekend. The privacy coin’s surge brought it within striking distance of the $300 level, a price not seen since December 2021, positioning ZEC among the market’s standout performers. ZEC/USDT weekly price chart. Source: TradingView Can ZEC’s price rise any further from its current levels, or is a cooldown overdue? ZEC technicals hint at another 25% rally Zcash’s explosive uptrend appears to be…
Centralized Exchanges Underreport Liquidations: Hyperliquid CEO
Hyperliquid co-founder and CEO Jeff Yan claimed that the way centralized crypto exchanges, and Binance specifically, report data is likely to underrepresent liquidations. Bitcoin (BTC) fell to $102,000 on Friday after US President Donald Trump announced sweeping tariffs on China. Similarly, Ether (ETH) fell to $3,500, and Solana (SOL) dropped below $140 in a marketwide sell-off. CoinGlass data indicated that on Friday, $16.7 billion of long liquidations and $2.456 billion of short liquidations occurred, making it the biggest liquidation event in crypto history. In a Monday X post, Yan pointed…
Bitcoin ETFs Lead Blockbuster Week With $2.7 Billion Inflow
Bitcoin ETFs extended their record-breaking run with $2.71 billion in net inflows, while ether ETFs added $488 million, marking a second consecutive week of strong institutional appetite. Blackrock’s ETF products once again dominated both asset classes, drawing the lion’s share of inflows. Blackrock Powers Another Stellar ETF Week: Bitcoin Soars, Ether Adds $488 Million Momentum […] Original
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Synthetix (SNX) Rallies 93% as USD Inflows Hit 4-Month Highs
Key Notes Synthetix reached $1.90 for the first time since January. The exchange’s $1 million trading competition will start on Oct. 20. Analysts expect more substantial returns for SNX. Synthetix SNX $2.37 24h volatility: 142.3% Market cap: $797.13 M Vol. 24h: $1.12 B recorded strong momentum and inflows over the past day as the broader crypto market recovered from a bloodbath. SNX rallied 93% in the past 24 hours and is trading at a nine-month high of $1.87 at the time of writing. The asset even touched a local high…
Hyperliquid Plots Major Upgrade to Boost Perp Market Deployment
Key Notes Hyperliquid plans to enable HIP-3 in its network upgrade on October 13. This will enable the permissionless creation of perpetual futures markets. HYPE price has spiked by 12.33% following the announcement. Decentralized crypto derivatives exchange Hyperliquid is prepared to boost perp market deployment. It plans to do this with the rollout of Hyperliquid Improvement Proposal 3 (HIP-3). The development was announced by a Hyperliquid administrator in the protocol’s Discord channel, noting that the network upgrade will take place on Oct. 13, 2025. Deploying HIP-3 on Hyperliquid According to…