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32 minutes ago

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DeFiance Capital Analyst Warns of Cycle-Ending Crypto Crash

Kyle, a researcher at DeFiance Capital, has described the current cryptocurrency market crash as a 'cycle-ending event,' likening it to the collapses of FTX and Celsius. Despite the turmoil, Bitcoin and Ethereum have shown stability, but Kyle cautions that many altcoins are repeating past failures and may not recover from this downturn. He suggests that the market sentiment is reminiscent of previous significant collapses, indicating a potential end to the current cycle.

BTC -7.00% CEL -20.37% ETH -12.18% FTT -26.19%
32 minutes ago

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Mango Labs Founder Attributes Altcoin Plunge to Low Liquidity

Mango Labs founder Dov has highlighted low liquidity as a key factor behind the recent sharp declines in altcoin prices. According to Dov, market makers are primarily using aggressive market orders and seldom placing limit orders, which destabilizes the market. This practice results in market makers selling off their holdings within a week of a token's listing and subsequently withdrawing liquidity, awaiting new projects. Such actions have caused some altcoins to drop by 70%-80% overnight, even with trading volumes of just tens of millions of dollars.

ALT -33.33% MNGO -4.07%
46 minutes ago

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Websea Contract Insurance Surpasses 10,000 Nodes, Covers $1M in Assets

Websea's contract insurance platform has achieved significant milestones, generating over 10,000 insurance nodes and providing coverage for assets exceeding $1 million. This development comes amid heightened market volatility, showcasing the platform's robust risk protection capabilities. Over 3,500 users have benefited from Websea's innovative digital asset risk protection tool, which allows users to activate an insurance node for just 10 USDT, enabling a staged compensation mechanism.

USDT +0.16%
1 hour ago

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Dovey Wan Reveals Crypto Market Makers Often Act as Market Takers

Dovey Wan, founding partner of Primitive Ventures, has highlighted a significant trend in the crypto market, stating that many so-called market makers are actually market takers. According to Wan, these entities prefer using Time-Weighted Average Price (TWAP) strategies for selling rather than placing maker orders. She explained that market makers typically cease providing liquidity about a week after a new coin's listing due to the high cost of capital and the sheer number of projects. Wan further noted that firms like Jump Trading, which collaborates with around 30 projects annually, systematically provide liquidity, leading to more stable performance for these projects. She also pointed out that many altcoins can suffer significant declines of 70%-80% with trading volumes in the tens of millions of dollars.
2 hours ago

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JustLend DAO Proposes JST Buyback and Burn to Boost Token Economics

JustLend DAO has announced a governance proposal to buy back and burn JST tokens, aiming to optimize the token's economic structure and enhance governance efficiency. The initiative will be funded by the DAO's net income, including sTRX earnings and SBM net income, alongside profits from the USDD multi-chain ecosystem exceeding $10 million. The buybacks will be conducted transparently on-chain, with the acquired JST permanently destroyed to reduce market circulation. Scheduled to occur quarterly, these buybacks will utilize new net income, with regular progress reports published. This strategy is designed to strengthen JST's governance attributes and support sustainable growth within the TRON ecosystem.

JST TRX -5.86% USDD +0.13%
2 hours ago

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Ontology (ONT) Drops to $0.1134 Amid Bearish Pressure

Ontology (ONT) has experienced a significant price drop, failing to reclaim the $0.142 resistance level and falling to $0.1134. The cryptocurrency remains below key exponential moving averages (EMAs), with short-term resistance identified between $0.125 and $0.130. ONT's market cap has decreased by over 10% since October 2, indicating a bearish sentiment as bulls struggle to maintain control. Currently trading at $0.1232, ONT has seen a 1.5% decline in the past 24 hours, despite a 3.7% gain over the week. The daily trading volume is reported at $10.6 million. The recent breakdown occurred after ONT lost its ascending trendline support, which had been intact since June 2025. Futures trading volume is at $16.89 million, with open interest reduced to $10.68 million. Traders are closely monitoring the $0.125 resistance and $0.1134 support levels for potential market movements.

ONT -25.36%
2 hours ago

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ASTER Airdrop Delayed to October 20 Due to Data Issues

The ASTER project has announced a delay in its airdrop distribution, now scheduled for October 20, due to inconsistencies in the $ASTER distribution data affecting some users. The project team identified that the distribution data did not align with the expected final snapshot RH%, prompting the postponement. An update on the distribution will be provided in the coming days. Affected users will have 48 hours post-update to opt for a USDT fee refund, which will be processed one day after the airdrop.

ASTER USDT +0.16%
2 hours ago

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Arthur Hayes Attributes Altcoin Decline to CEX Auto-Liquidations

BitMEX co-founder Arthur Hayes has attributed the recent sharp decline in altcoin prices to the automatic liquidation of cross-margin positions by major centralized exchanges (CEX). Hayes noted that these liquidations occur smoothly even when limit orders are not being executed efficiently. He also suggested that several high-quality altcoins may struggle to recover to their previous lows in the short term.

ALT -33.33% BMEX -2.85%
2 hours ago

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Bitmine Faces $1.93 Billion Loss as Ethereum Price Drops

Bitmine is experiencing a substantial floating loss of $1.93 billion due to the recent decline in Ethereum's price. The company holds 2,830,151 ETH, which were purchased for a total of $12.83 billion at an average price of $4,535 per ETH. With Ethereum now trading below $3,900, the current value of Bitmine's holdings has decreased to $10.9 billion.

ETH -12.18%
2 hours ago

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Arthur Hayes Blames CEX Liquidations for Altcoin Price Drop

Arthur Hayes, co-founder of BitMEX, attributed the recent sharp decline in altcoin prices to the automated liquidation of collateral linked to cross-margin positions on major centralized exchanges (CEXs). Hayes explained that these liquidation processes are triggered when limit orders are blocked, leading to significant sell-offs. He also noted that it may be challenging for many high-quality altcoins to recover to their previous low levels in the near term.

ALT -33.33% BMEX -2.85%
2 hours ago

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Nivex Copy Trading System Withstands $19.1B Crypto Liquidations

The crypto market faced significant turbulence on October 11, with over $19.13 billion in liquidations impacting more than 1.61 million users. Bitcoin fell to $100,150, Ethereum to $3,373, and Solana to $144 amid the volatility. Despite the market chaos, Nivex's institutional copy trading system demonstrated resilience, utilizing AI-driven risk control and institutional-grade strategies to safeguard user funds. Remarkably, some users managed to secure profits during the downturn, highlighting the system's effectiveness in volatile conditions.

BTC -7.00% ETH -12.18% NXN SOL -16.51%
2 hours ago

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Venus Probes WBETH Depeg Incident, Reviews User Impact

Venus, a lending protocol on Binance Smart Chain, is investigating a recent WBETH price depeg that resulted in unexpected liquidations for some users. The incident saw WBETH's value plummet to $430, with the WBETH/ETH exchange rate dropping to 0.2, while ETH was priced at $3,435. Venus is currently reviewing affected accounts and considering fair resolutions, alongside enhancing risk management and oracle protection to prevent future occurrences. Following the incident, the WBETH/ETH exchange rate has stabilized at 1.06, with WBETH now trading at $4,097 and ETH at $3,840. Venus aims to strengthen its systems to safeguard against similar events.

ETH -12.18% WBETH -13.18% XVS -27.60%
2 hours ago

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Hackers Dump 5,480 ETH Amid Market Crash, Incurring $3.7M Loss

In a surprising move, two wallets suspected to be linked to hackers have offloaded 5,480 ETH, valued at approximately $20.47 million, amid a recent market downturn. The Ethereum was originally purchased just a week ago at an average price of $3,735 per ETH. This rapid sale resulted in a significant loss of $3.7 million for the sellers, highlighting the impact of the current market volatility even on illicit actors.

ETH -12.18%
2 hours ago

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Bitwise CEO Warns of Bitcoin Liquidity Crunch Amid Institutional Demand

Bitwise CEO Hunter Horsley has expressed concerns over a potential Bitcoin liquidity crunch as institutional demand continues to surge. As of October 8, 2025, global Bitcoin ETPs and companies have acquired 944,330 BTC, surpassing the 913,036 BTC purchased in 2024. This accumulation outpaces the new supply, with only 127,622 BTC mined in 2025 compared to 217,771 in 2024. Former BitMEX CEO Arthur Hayes has also weighed in, dismissing the traditional four-year Bitcoin cycle. Hayes attributes recent Bitcoin price movements to macroeconomic factors, including interest rates and global liquidity trends, rather than the cyclical patterns previously observed.

BTC -7.00%
2 hours ago

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USDC Treasury Burns $66.8 Million on Ethereum

The USDC Treasury has burned 66,809,375 USDC, equivalent to approximately $66.76 million, on the Ethereum blockchain. This transaction was reported by Whale Alert at 10:28 Beijing time. The burn is part of routine operations to manage the supply of USDC, a stablecoin pegged to the US dollar, ensuring its value remains stable.

ETH -12.18% USDC +0.03%
2 hours ago

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Machi Faces $12.3M Loss Post-Liquidation, Receives 200 ETH from QCP Capital

Machi (@machibigbrother) has experienced a dramatic financial shift, moving from a $43.6 million gain to a $12.3 million loss following a liquidation event. Despite this setback, Machi received a significant boost with 200 ETH, valued at approximately $761,000, from QCP Capital. In recent transactions, Machi utilized 3 ETH to acquire 1.41 million APESTR and 33,440 PNKSTR on the spot market. These moves highlight Machi's continued activity in the crypto market despite recent financial challenges.

APESTR ETH -12.18% PNKSTR
2 hours ago

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Samson Mow Predicts Bitcoin Bull Run Delay Until 2026

Samson Mow, CEO of Jan3, has predicted that the anticipated Bitcoin bull run may not commence until 2026. Speaking on October 9, Mow noted that while Bitcoin's current performance is subdued, its fundamentals remain robust, with increasing institutional interest and a tightening supply. He pointed out that the current price range only slightly surpasses inflation rates. Mow also mentioned that the U.S. has yet to begin official Bitcoin accumulation, despite an executive order from President Trump to establish a Strategic Bitcoin Reserve. He expressed confidence in Bitcoin's existing design, stating there is no need for additional features or increased programmability.

BTC -7.00%
2 hours ago

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Suspected Justin Sun Address Withdraws $550 Million USDT

Approximately 53 minutes ago, a blockchain address suspected to be linked to Justin Sun withdrew around 550 million USDT from the USDT0 address, according to data monitored by Arkham.

USDT +0.16%
3 hours ago

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7 Siblings Acquire 1,326 ETH Amid Market Dip

In a strategic move during the recent market downturn, a group known as the 7 Siblings has borrowed $40 million USDC from Aave. Within the past hour, they have utilized $5 million USDC to purchase 1,326 ETH at a price of $3,771 per ETH. This acquisition highlights their continued confidence in Ethereum despite the market volatility.

AAVE -15.72% ETH -12.18% USDC +0.03%
3 hours ago

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Address Linked to Venus Theft Faces $3.44M Liquidation

An address previously involved in a $13 million theft on the Venus Protocol has undergone a forced liquidation of $3.44 million in vBNB and vUSDT assets. According to PeckShield monitoring, the address 0x5636…2008, which was part of the earlier theft that was later recovered, faced this liquidation event. The liquidation highlights ongoing volatility and risk management challenges within the DeFi space.

BNB -9.89% VUSDT +0.08% XVS -27.60%

DeFiance Capital Analyst Warns of Cycle-Ending Crypto Crash

Mango Labs Founder Attributes Altcoin Plunge to Low Liquidity

Websea Contract Insurance Surpasses 10,000 Nodes, Covers $1M in Assets

Dovey Wan Reveals Crypto Market Makers Often Act as Market Takers

JustLend DAO Proposes JST Buyback and Burn to Boost Token Economics

Ontology (ONT) Drops to $0.1134 Amid Bearish Pressure

ASTER Airdrop Delayed to October 20 Due to Data Issues

Arthur Hayes Attributes Altcoin Decline to CEX Auto-Liquidations

Bitmine Faces $1.93 Billion Loss as Ethereum Price Drops

Arthur Hayes Blames CEX Liquidations for Altcoin Price Drop

Nivex Copy Trading System Withstands $19.1B Crypto Liquidations

Venus Probes WBETH Depeg Incident, Reviews User Impact

Hackers Dump 5,480 ETH Amid Market Crash, Incurring $3.7M Loss

Bitwise CEO Warns of Bitcoin Liquidity Crunch Amid Institutional Demand

USDC Treasury Burns $66.8 Million on Ethereum

Machi Faces $12.3M Loss Post-Liquidation, Receives 200 ETH from QCP Capital

Samson Mow Predicts Bitcoin Bull Run Delay Until 2026

Suspected Justin Sun Address Withdraws $550 Million USDT

7 Siblings Acquire 1,326 ETH Amid Market Dip

Address Linked to Venus Theft Faces $3.44M Liquidation