Day: October 13, 2025

Seamless Protocol to introduce leveraged tokens on Ethereum mainnet this week

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Key Takeaways SeamlessFi has introduced Leverage Tokens as ERC-20 tokens on Ethereum mainnet. Leverage Tokens provide automated, one-click access to leveraged DeFi strategies. Share this article Seamless Protocol introduces leverage tokens on the Ethereum mainnet this week, bringing capital-efficient DeFi strategies to users through automated ERC-20 tokens. Leverage Tokens, a Seamless Protocol innovation, enable one-click access to leveraged DeFi positions through tokenized strategies on Ethereum. The tokens encapsulate complex looping strategies within standard ERC-20 infrastructure for simplified user interaction. Seamless Protocol has deployed Leverage Token smart contracts on Ethereum mainnet,…

1.6M Traders Liquidated in Record Cascade, Analyst Calls It a ‘Perfectly Executed’ Trade

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After historic liquidation, bulls and bears now appear to be balanced. All eyes are on Monday’s stock market open. Bitcoin and altcoins experienced the largest-ever liquidation cascade this past week, which has now reshaped positions across retail and institutional traders alike. Over 1.6 million leveraged traders were wrecked during the event, highlighting just how crowded the long side had become. While the extreme bearish sentiment has dissipated as Bitcoin and altcoins staged a recovery, experts caution that this does not automatically signal a return to full bullishness and that…

Centralized Exchanges Underreport Liquidations: Hyperliquid CEO

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Hyperliquid co-founder and CEO Jeff Yan claimed that the way centralized crypto exchanges, and Binance specifically, report liquidation data likely underrepresents the true scale of losses during major market sell-offs. Bitcoin (BTC) fell to $102,000 on Friday after US President Donald Trump announced sweeping tariffs on China. Ether (ETH) also dropped to $3,500, while Solana (SOL) slipped below $140 amid a marketwide sell-off. According to data from CoinGlass, $16.7 billion worth of long positions and $2.46 billion in short positions were liquidated on Friday, marking the largest liquidation event in…

BNB Whales Hooked on New Meme Coin With Major Potential?

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With Binance (BNB) hitting all-time highs above $1,300, some whales are starting to look for the next crypto to invest in. Coins that have hit their all-time high (ATH) generally find it difficult to replicate the explosive returns of newer projects. All the gains have already been priced in, with limited upside. This is one reason why some investors seem to be moving to promising presales like Kart Rumble (RBT), which combines multiple USPs in one ecosystem. Kart Rumble mixes racing, memes, and AI in one ecosystem. Meme focused projects…

Solana DEXs Must Focus On Building Resilient Markets

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Opinion by: Lynn Nguyen, CEO of Saros Decentralized exchanges (DEXs) on Solana have been topping trading volume charts for a while now, outperforming those on peer chains like Ethereum, Base and BSC. Memecoins have been largely responsible for this surge in volume. While they have proven product-market fit in crypto, only a handful have demonstrated the ability to survive across market cycles.  If they are to retain their dominance, Solana DEXs must also show that they can endure constantly evolving market conditions and short-term trends.  This also means building more…

Nobel Peace Prize Bets on Polymarket Under Scrutiny: Report

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Norwegian officials have reportedly launched an investigation into prediction platforms’ bets on 2025 Nobel Peace Prize winner María Corina Machado as potential espionage. According to a Bloomberg report on Monday, the Norwegian Nobel Institute, the entity that assists the Nobel Committee in selecting the peace prize recipient, began investigating reports that bets on the prediction platform Polymarket surged in the hours before the announcement of Machado as the winner. Officials are reportedly still in the process of investigating whether someone “managed to steal information and made a lot of money…

Is $0.13 the Next Target?

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PENGU rebounds 13% after a flash crash, reclaiming key support. Analysts eye a breakout toward $0.03–$0.13 if momentum holds. After falling sharply last week, PENGU is now on the rise again and has recorded a 13% increase in the last 24 hours. Moreover, it has gained 80% since the $0.014 low (on CoinGecko) marked during the market-wide crash. Channel Support Remains Intact According to a weekly chart shared by Ali Martinez, PENGU is still holding within a descending channel that has been in place since July. The recent drop…

JPMorgan’s Head of Markets Digital Assets says bank will engage in crypto trading but custody remains off the table

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Key Takeaways JPMorgan will engage in digital asset trading but has no plans to launch a custody business. The bank is evaluating third-party custodians and its risk appetite before expanding further Share this article JPMorgan’s head of markets digital assets confirmed that the bank plans to engage in crypto trading but has no immediate plans to launch a custody service, saying the firm is instead exploring third-party custodians to support its growing digital asset business. Major banks are increasingly removing restrictions on Bitcoin ownership to enable broader client access. Payment…

SPX, DXY, BTC, ETH, BNB, XRP, SOL, DOGE, ADA, HYPE Price Predictions

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Key points: Bitcoin and several altcoins have bounced off their Friday lows, but higher levels are likely to attract solid resistance from the bears. BTC price and select altcoins could see rangebound action for a few days. The US stock markets, Bitcoin (BTC) and altcoins are trying to claw their way back up from the deep drops seen on Friday following US President Donald Trump’s announcement of a 100% tariff on China.  The fall was brutal, resulting in a 24-hour liquidation of about $20 billion, according to CoinGlass data. Several…

Bitmine Buys 2.5% of ETH supply, Scoops Up $827M Post-Crash

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BitMine, the world’s largest corporate Ether holder, capitalized on this weekend’s crypto market crash to buy the dip, signaling more institutional confidence in Ether’s continued momentum. The company said it acquired Ether (ETH) “more aggressively” during the market turmoil, pushing its total holdings past 3 million ETH, or about 2.5% of the cryptocurrency’s total supply. BitMine’s average purchase price was $4,154 per token. Over the past few days, BitMine acquired 202,037 ETH, worth about $827 million, the company said in a Monday X post. That brought BitMine’s total holdings to…