Author: John Smith
Crypto liquidations within the past 24 hours have reached $825 million, with long positions dominating. The market crash comes as major altcoins begin to drop in value. Summary The crypto market saw a massive $825.4 million in total liquidations on Oct. 30, with long positions making up over 79% of the total. Bitcoin led the losses with $310.3 million in long liquidations. The market cap dropped 1.6% to $3.8 trillion as Bitcoin, Ethereum, and major altcoins like Solana and XRP saw sharp declines. The downturn was fueled by post-Fed rate cut uncertainty, excessive leverage, and fading investor momentum despite new…
Pi Network Ventures has made its first-ever investment by backing OpenMind, a company developing a decentralized OS for robots, building on the momentum of OpenMind’s earlier $20M funding round. Summary OpenMind is developing OM1, a hardware-agnostic OS for robots, and FABRIC, a protocol that enables secure identity verification, collaboration, and coordination across machines. A proof-of-concept experiment using Pi Network’s 350,000+ nodes demonstrated that the decentralized network can handle real AI workloads, allowing node operators to earn Pi for contributing compute power. Following the pilot, OpenMind plans to expand OM1 and FABRIC development, refine pilot programs, and onboard additional partners over…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Momentum in crypto is turning toward projects with real users and clear payment utility. Solana, Ripple, and Remittix lead that trend into 2025. Summary Solana and Ripple show steady adoption through new payment rails and institutional products. Remittix raises $27.7m and launches a wallet beta focused on low-cost cross-border transfers. Clear use cases and simple access put these names on traders’ 2025 watchlists. Momentum is shifting toward networks with speed, access, and real users. Solana keeps winning headlines while…
A crypto firm tied to a U.S. president Donald Trump is exploring a deal to acquire U.S. operations a major crowdfunding platform. Summary Fight Fight Fight LLC is in talks to buy Republic’s U.S. business. The deal could integrate the TRUMP token into crowdfunding and startup investing. Talks follow Coinbase’s $375M acquisition of Echo amid pro-crypto policy shifts. Fight Fight Fight LLC, the company behind the Trump-linked memecoin, is in discussions to acquire the U.S. operations of crowdfunding platform Republic. This is according to an Oct. 30 report by Bloomberg, citing people familiar with the matter. The move could give…
Markets got the rate cut they wanted, but along with it, a sobering message from the Fed they didn’t see coming. Jerome Powell’s warning that more easing may not be in the cards this year rattled investors, sending the Dow into a reversal and triggering a bloodbath in the crypto market led by Bitcoin. Summary The Federal Reserve cut interest rates by 0.25%, lowering the benchmark range to 3.75–4%. Chair Jerome Powell signaled no guarantee of further cuts in December, citing inflation and labor risks. Stocks reversed record gains while Bitcoin and major cryptocurrencies tumbled, triggering a broad risk-off retreat.…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. XRP and BNB dip as market cools; investors eye Digitap’s $1m presale for potential 38% near-term gain. Summary Ripple and BNB dip 3% as investors shift focus to DigiTap, the $1m presale fintech disruptor. With XRP and BNB losing steam, Digitap’s $1m presale and 38% upside steal the market spotlight. As major altcoins stumble, Digitap rises fast with its omni-bank app and booming presale. Ripple and Binance Coin have each recorded a 2–3% decline, reflecting broader unease across the…
Summary XRP price trades near $2.63 after the Fed’s 25 bps rate cut, consolidating below key resistance. A breakout above $2.80–$3.00 could extend gains toward $3.20 if risk sentiment improves. Failure to hold $2.50 may trigger downside toward $2.30–$2.40 as markets digest the Fed’s cautious tone. The Federal Reserve’s latest rate cut has set off a mixed reaction across risk assets. XRP is hovering near $2.63, holding steady as traders weigh whether easier policy will reignite crypto inflows — or if cautious Fed guidance will blunt the impact. XRP price following Fed rate cuts XRP 1D price chart | site:…
Overregulation threatens to remove Europe’s edge in digital assets, says Wojciech Kaszycki, CSO of BTCS. Summary Regulatory divergence between the U.S. and the EU is accelerating Tether, the largest stablecoin on the market, is actively banned in the EU Each EU country must pass its own law to interpret MiCA, creating inconsistency A few years ago, Europe looked like the leader in crypto regulation. Today, that leadership is slipping. As global regulatory frameworks for crypto begin to crystallize, stark differences are emerging between the U.S. and the European Union. To discuss crypto asset regulation in the EU, crypto.news spoke to…
The crypto market is crashing today, with Bitcoin price falling to $111,000, down from this week’s high of $116,500, and the valuation of all tokens falling to $3.76 trillion. Summary The crypto market crashed after the Federal Reserve rate cut. Most coins dropped as liquidations jumped by 75% to $557m. The crash also happened as open interest dropped $164 million. Most cryptocurrencies were in the red, with tokens like Aster, Story, Cronos, and Conflux being the top laggards after falling by over 5%. Crypto is crashing after the Fed decision The crypto market crashed as traders sold the Federal Reserve…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. FortMiner launches XRP + DOGE Smart Cloud Mining Program, enabling users to earn crypto passively via cloud contracts. Summary FortMiner launches an AI-powered XRP and DOGE cloud mining program, offering passive income and easy access. The new FortMiner program lets users mine XRP and DOGE without equipment, using smart cloud contracts. AI-driven cloud mining by FortMiner optimizes XRP and DOGE yields, creating a low-risk path to crypto income. The cryptocurrency market has seen another strong rebound, especially with the…