Day: October 23, 2025

Crypto market sees $371M in long positions liquidated in 24 hours

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Key Takeaways $371 million in long positions were liquidated in the crypto market in just 24 hours. Liquidations mainly affected traders using high leverage as prices corrected. Share this article The crypto market witnessed $371 million in long positions liquidated within a 24-hour period today, marking another significant shakeout of leveraged traders amid ongoing market volatility. Long positions, bullish bets that profit when prices rise, faced forced closure as automated liquidations triggered during price corrections. The substantial liquidation volume reflects the continued risks facing overleveraged traders in the volatile crypto…

Young Aussies Say Not Buying Crypto Was Missed Opportunity

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Over 40% of Australian Gen Z and Millennials say they regret not investing in cryptocurrency a decade ago, with a new survey from Australian crypto broker Swyftx suggesting they see it as one of the biggest missed opportunities of the last 10 years.  The study, conducted by YouGov and released on Thursday, surveyed 3,009 people, finding that almost half of the under-35s surveyed regret missing the crypto boat. This was followed by regret not buying property, and not buying shares in Big Tech companies such as Apple and Amazon. Part…

XRP Bounce In Sight? Bulls Hold $2.38 Support As Breakout Pressure Builds

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XRP is holding firm above the $2.38 support level after a recent pullback, suggesting that bulls may still have control. As buying pressure builds, traders are watching closely for a potential breakout that could reignite bullish momentum in the coming sessions. Early Strength Fades After Hitting $2.52 Umair Crypto, in his latest market update, noted that XRP displayed initial strength after rebounding cleanly from the 50-day Simple Moving Average (SMA). The price managed to climb to around $2.52 with a solid close on the 4-hour chart, signaling renewed buyer interest…

110-Year-Old Retail Giant Bealls to Accept Meme Coins and Stablecoins in Stores

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Bealls will now accept more than 99 digital currencies from 300 wallets via its new Flexa Payments integration. Bealls, a 110-year-old US retail chain with over 660 stores nationwide, has announced a new partnership with digital payments firm Flexa to enable in-store cryptocurrency payments. With this integration, Bealls becomes the first national retailer to accept digital currencies from any crypto wallet across more than a dozen blockchains at once. The announcement marks Bealls’ 110th anniversary and highlights the company’s ongoing focus on innovation and improving customer experience. Over the…

DraftKings’ New Predictions Markets to Use Polymarket’s Clearinghouse

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American sports betting platform DraftKings is tapping Polymarket as the clearinghouse for its new prediction market, an industry that clocks over $4 billion in monthly trading volume. “Congrats to DraftKings on their acquisition of Railbird. We’re proud for Polymarket Clearing to be their designated clearinghouse as they enter the prediction market space,” Polymarket CEO Shayne Coplan said in an X post on Wednesday. Railbird is a Commodity Futures Trading Commission-regulated predictions market platform, which DraftKings acquired for an undisclosed amount on Tuesday. Polymarket’s clearinghouse is needed to verify trades, hold…