Crypto VCs analyze the biggest liquidation event in history and what comes next.

Crypto VCs analyze the biggest liquidation event in history and what comes next.

The October 10th Crypto Crash The cryptocurrency market experienced a major downturn on October 10th, resulting in more than $20 billion being wiped out from leveraged positions in just a few hours. This dramatic decline marks the largest liquidation event in the history of the industry, catching many traders off guard and highlighting the fragility […]

October 10 Significant Crypto Decline: Galaxy Analyst Discusses Why Bull Market Is Still Ahead

October 10 Significant Crypto Decline: Galaxy Analyst Discusses Why Bull Market Is Still Ahead

Insights from October’s Market Movements Alex Thorne, who leads research at Galaxy Digital, believes that the recent disruptions in October haven’t disrupted the market cycle. According to Thorne, the slide that began on October 10 was triggered by high leverage issues impacting thin order books. This situation worsened as exchanges’ automated deleveraging limited short selling […]

Crypto entrepreneur suggests building a 450-foot Prometheus statue on Alcatraz

Crypto entrepreneur suggests building a 450-foot Prometheus statue on Alcatraz

A cryptocurrency investor based in Denver has revealed intentions to construct a monumental 450-foot bronze statue of the Greek god Prometheus on Alcatraz Island. If realized, this statue would overshadow even the Statue of Liberty in San Francisco Bay. The initiative is being led by Ross Calvin, the founder of the Bitcoin mining firm Perhelion, […]

Crypto Markets Update: BTC and Altcoins Drop as Liquidity Shrinks and Gold Demand Rises

Crypto Markets Update: BTC and Altcoins Drop as Liquidity Shrinks and Gold Demand Rises

Crypto Market Faces Decline Amid Economic Uncertainty The cryptocurrency market is experiencing a significant downturn, primarily influenced by ongoing trade tensions and a tight liquidity environment within the U.S. financial system. As a result, many investors are turning to safe-haven Treasury securities. Currently, Bitcoin (BTC) is trading around $104,500, marking a 6% drop in just […]

Eric Trump Claims Trump’s Family Has Already Earned Over $1 Billion from Crypto

Eric Trump Claims Trump's Family Has Already Earned Over $1 Billion from Crypto

Simply put Eric Trump claims that his family’s cryptocurrency endeavors have yielded over $1 billion in profits so far. The family’s crypto projects include NFT trading cards, meme coins, World Liberty Financial, and more. President Trump’s cryptocurrency business has faced controversy, with some viewing it as a conflict of interest. According to Eric Trump, President […]

FSB Cautions About Potential ‘Cascading Failures’ From Crypto Regulatory Gaps

FSB Cautions About Potential 'Cascading Failures' From Crypto Regulatory Gaps

Global Cryptocurrency Regulations Raise Concerns Cryptocurrency firms are taking advantage of loopholes in inconsistent global regulations, which poses a risk to financial stability, according to a warning from the Financial Stability Board (FSB) issued on Thursday. The $4 trillion digital asset market is being approached in varying ways across different countries. A report released on […]