$19B Crypto Market Crash: ‘Controlled Deleveraging’ Not ‘Cascade’

Friday’s record $19 billion crypto market liquidation event has left traders divided, with some accusing market makers of a coordinated sell-off while analysts pointed to a more natural deleveraging cycle. Friday’s flash crash saw open interest for perpetual futures on decentralized exchanges (DEXs) fall from $26 billion to below $14 billion, according to DefiLlama. Crypto lending protocol fees surged past $20 million on Friday, the highest daily total on record, while weekly DEX volumes climbed to more than $177 billion. The total borrowed across lending platforms also dropped below $60…

XRP Could Swing To $1.19 Or $20 After Order-Book Collapse

In the chaotic aftermath of last week’s market-wide wipeout, one granular forensic stands out: order-book depth on major venues thinned to “air,” letting relatively modest market orders rip through price levels with almost no resistance. The phenomenon, captured by independent market analyst Dom (@traderview2) on X, is now central to a stark takeaway for XRP: under the same microstructure conditions, price can mechanically gap as easily to $1.19 as to $20. It is not a forecast; it’s a statement about how quotes, liquidity, and matching engines behave under stress. XRP…

New BTC Whales Underwater — Volatility Ahead?

Key Notes New Bitcoin whales are seeing unrealized losses due to the latest correction. The indicator doesn’t clearly show where the market is going. US-based ETFs bleed further as Bitcoin drops below $112,000 again. The market-wide uncertainty and bearish selloff with high liquidations doesn’t seem to be over yet. And now, new Bitcoin BTC $111 863 24h volatility: 3.0% Market cap: $2.23 T Vol. 24h: $74.36 B whales will likely take the volatility a step further. CryptoQuant CEO Ki Young Ju shared the unrealized profit ratio chart for new Bitcoin…

Binance Eyes Korea Return as Gopax Review Advances

Key Notes The FIU has resumed the review of Binance’s Gopax acquisition after a two-year delay. Approval could allow Binance back into South Korea by the end of 2025. South Korean investors maintain a strong appetite for crypto. Binance, the world’s largest cryptocurrency exchange, is nearing its long-awaited return to the South Korean market. After a delay of more than two years, local authorities have resumed their review of Binance’s acquisition of domestic exchange Gopax. According to a report from Newsis, South Korea’s Financial Intelligence Unit (FIU) is currently assessing…

Robinhood vs. Coinbase: The Trillion Dollar Race to Build the Financial Super App

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io 📣SPOTIFY PREMIUM RSS FEED | USE CODE: SPOTIFY24 — David from Blockworks and Omar from Dragonfly join the show to debate Coinbase vs Robinhood, two companies racing to become the dominant financial super app. We break down their business models, growth strategies, tokenized asset plays, and how each is approaching crypto, equities, and infrastructure. Will Robinhood’s slick UX and expanding product suite win the next generation? Or will Coinbase’s onchain infra and stablecoin moat prove unbeatable? Omar & Dragonfly David & Blockworks…

Bitcoin Mining Hardware Maker Canaan Launches Gas-to-Computing Pilot in Calgary

Canaan Inc. announced the launch of a gas-to-computing pilot in Calgary, Alberta, that converts wellhead natural gas into low-cost power for high-density computing — a neat way to turn waste into watts. Canaan Pilots Containerized Data Modules at Canadian Wellheads Canaan‘s initiative operates through a joint mining agreement with Calgary-based Aurora AZ Energy Ltd., which […] Original

Metaplanet Misses Bitcoin Buys As mNAV Dips Below 1

Metaplanet, a Japanese Bitcoin treasury company, has seen its enterprise value fall below the value of its Bitcoin holdings, entering uncharted territory as one of the world’s largest public holders of the asset. Metaplanet’s market to Bitcoin NAV (mNAV) — a ratio between the company’s value and its Bitcoin (BTC) holdings — dropped below 1 on Tuesday, reaching 0.99 for the first time on record, according to official data. The metric has dropped by more than seven points since mid-June, as the Metaplanet stock (3350) lost 75% of its value…

Solana Price Prediction: Analysts Expect $250 Recovery If Bitcoin Regains $120K

The digital asset market is shifting fast, and both Solana and Bitcoin are again in focus. Analysts expect a rebound across the top altcoins, with MAGACOIN FINANCE also drawing attention as traders seek fresh opportunities after the recent pullback. Solana Price Prediction: Can SOL Hold the $217 Level? Solana price sits near $217, a key level that traders are watching closely. The coin has pulled back after recent gains but remains inside its longer-term rising structure. A clean reaction above $217 could set up a return toward $230–$235, which has…

BNB Shoots Up 6%: Is This Just The Start Of A Run To $2,400?

BNB is back near $1,300 after a sharp rebound, but the asset may not be done yet as one analyst thinks a run all the way to $2,400 is possible. BNB Has Been Rising Since Parallel Channel Breakout Much like the rest of the cryptocurrency sector, BNB suffered a price crash on Friday, but while the rest of the market has been unable to make a full recovery, the altcoin has already retraced to the pre-crash level, and surpassed it. Earlier on Monday, the coin even managed to set a…

Czhang of LBank on Security, Listings, and the Long-Term Crypto Game

In a recent conversation with Coinspeaker, Czhang, Head of LBank Labs and Partner at LBank, opened up about the exchange’s strategy, security principles, and investment logic in the face of a fast-evolving crypto ecosystem. From establishing itself as one of the world’s most secure exchanges to revolutionizing access to tokenized stocks and integrating AI into market infrastructure, Czhang explains how LBank is navigating the intersection of innovation and trust. Why Crypto Isn’t Just Another Asset Class “When I first encountered Bitcoin, I was deeply captivated by its underlying principles—decentralization and…