Massive Liquidations Hit 210K Traders as Bitcoin, Altcoins Slump Again: Market Watch

The total crypto market cap has lost over $100 billion daily. Bitcoin’s impressive price recovery that began over the weekend has come to a halt as the asset slumped by over four grand after it was rejected at $116,000. The altcoins have produced even more painful declines within the same timeframe, which include double-digit corrections by the likes of BNB, MNT, ZEC, and others. BTC Slides to $112K The previous business week ended with one of the worst crashes in recent crypto history after US President Donald Trump threatened…

Scammers Exploit Telegram Ads To Mimic Monad Claim Portal

Malicious actors targeted Monad’s official Telegram channel with advertisements that mimic the project’s forthcoming claim portal.  In a post on X, Monad co-founder Keone Hon warned users not to click ads on their official channel. He said attackers have bought Telegram ads that appeared inside the project’s official announcement channel, a space otherwise reserved exclusively for Monad’s own updates.  “Crazy that Telegram will push content directly into a channel that otherwise only contains content from one party,” Hon said.  The attack came ahead of a much-anticipated Monad airdrop, which is…

Metaplanet Misses Bitcoin Buys As mNAV Dips Below 1

Metaplanet, a Japanese Bitcoin treasury company, saw its enterprise value fall below the value of its Bitcoin holdings and entered uncharted territory as one of the world’s biggest 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,…

Peter Brandt Calls XRP Chart ‘Pure’

Peter Brandt calls XRP’s chart “pure” as analysts point to strong technical patterns and liquidity levels. Peter Brandt, a veteran trader known for his chart analysis, described the XRP chart as “pure” in a recent post. His comment referred to the asset’s long-term price movement, which has followed clear and repeatable technical patterns. Clear Structure in Multi-Year Chart Brandt pointed to a symmetrical triangle formation between 2014 and 2017. XRP broke out of that pattern in late 2017, which led to a price rally that peaked above $2. After…

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…

Bitcoin, Ether ETFs See Outflows After Record Market Liquidations

Spot Bitcoin and Ether exchange-traded funds (ETFs) in the United States saw combined outflows of more than $755 million on Monday following record crypto liquidations over the weekend. Bitcoin (BTC) ETFs recorded a net outflow of $326.52 million, according to SoSoValue data. Fidelity’s Wise Origin Bitcoin Fund (FBTC) saw the largest outflow at $93.28 million, while Grayscale’s Bitcoin Trust (GBTC) recorded a $145.39 million outflow. Other notable funds, including Ark 21Shares Bitcoin ETF (ARKB) and Bitwise Bitcoin ETF (BITB), also posted daily outflows of $21.12 million and $115.64 million, respectively.…

Strategy Buys More Bitcoin, It Now Holds 640,250 BTC

The firm’s BTC stash currently equals more than $73 billion. Strategy, the company founded by devoted Bitcoin supporter Michael Saylor, has a habit of announcing new BTC purchases every Monday. Last week, it broke from its usual style, but today (October 13), there was no surprise. The firm disclosed the acquisition of 220 BTC for roughly $27.2 million, purchased at an average price of $123,561 per unit. Strategy has achieved BTC Yield of 25.9% YTD 2025, and following the latest buy, it has increased its holdings to 640,250 BTC.…

Analysts Predict Altcoin Rally After Weekend Market Crash

Crypto analysts speculate that the massive weekend leverage flushout, which wiped billions of dollars from the crypto markets, may have just paved the path for “altseason 3.0.” “Every major expansion in crypto has included sharp 30% to 60% resets along the way,” observed analyst and researcher “Bull Theory” on Monday. March 2020 saw almost 70% wiped off markets in the pandemic-induced black swan event, and May 2021 saw more than 50% wiped out. There were at least five other 30% to 40% altcoin slumps during the last bull market cycle. …

ETH’s Next Targets Revealed as Recovery Strengthens: Ethereum Price Analysis

Following last week’s macro-driven liquidation cascade, Ethereum has stabilized and is showing early signs of structural recovery. Despite the sharp selloff that swept through the crypto market, ETH has successfully defended a major demand zone and is now attempting to reclaim critical levels that will determine whether this rebound evolves into a full continuation or remains a temporary relief rally. Technical Analysis By Shayan The Daily Chart On the daily timeframe, Ethereum rebounded strongly from the $3.4K demand zone, which aligns with the 200-day moving average and the lower boundary…

HyperLiquid Whale Loads Up Almost $500 Million On New BTC Short

The Hyperliquid whale that banked $192 million shorting the recent market crash has doubled down on their new short position, having now loaded up almost half a billion over the past two days. According to data from Hyperliquid block explorer Hypurrscan, the whale now has a short position worth around $496 million, at 10x leverage and a Bitcoin (BTC) liquidation price of $124,270. Mysterious whale doubling down on their Bitcoin short. Source: Hypurrscan The whale has more than doubled their bet since yesterday, after initially opening the position with $163…