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India’s most prominent financial technology summit, the Global Fintech Fest (GFF) 2025, intentionally excluded private crypto and stablecoins from its main agenda. The move signals the government’s strategic pivot from speculative digital assets toward a state-managed digital transformation. It also coincided with a massive crackdown on offshore crypto exchanges, clarifying that India’s FinTech future focuses strictly on technologies under the purview of the government and the Reserve Bank of India (RBI).Government-Led Digital Transformation Dominates the AgendaThe GFF 2025, held in Mumbai from October 7-9, featured major government figures, including the Union Finance Minister and officials from the RBI and the…
A crypto whale has pocketed over $160 million in profits after correctly betting on Bitcoin and Ethereum’s recent price decline.On October 11, blockchain analysis platform Lookonchain reported that a long-term Bitcoin holder had opened more than $1.1 billion in short positions on the top two cryptocurrencies by market capitalization.Sponsored SponsoredHow Bitcoin Crash Made This Trader $160 Million RicherThe trader effectively wagered that both assets would drop in value despite their recent bullish momentum. Within just 30 hours, that prediction proved right—Bitcoin and Ethereum prices fell sharply, earning the trader an estimated $160 million in realized profit.Following the sell-off, the trader…
As markets reeled from President Trump’s tariff escalation, Binance — the world’s largest crypto exchange — is facing widespread outrage after users reported frozen accounts, failed stop-loss orders, and flash crashes that sent multiple coins to near zero.Social media erupted late Friday after traders claimed that Binance’s systems locked up during the heaviest liquidation wave of the year. Sponsored SponsoredMultiple Altcoins Crashed To Zero On BinanceCoins such as Enjin (ENJ) and Cosmos (ATOM) briefly showed prices crashing to $0.0000 and $0.001, respectively, before rebounding. Some traders reported being unable to close or hedge positions as losses spiraled. Binance has proven once again…
Bitcoin’s latest correction rattled traders. BTC price dropped from above $120,800 to nearly $102,000 before bouncing back almost 9% to over $111,000. While altcoins like Ethereum and XRP fell over 13%, Bitcoin’s decline of 7% at press time shows it held up much better — hinting at underlying strength even amid heavy liquidations.Still, the big question remains: Can Bitcoin stay above $100,000, or will the price drop extend lower than this key psychological level soon? Three charts hold the answer.Sponsored Holders Rise and Veterans Stay Calm Amid The CrashThe first sign of support comes from on-chain holder behavior.Despite the crash,…
The spot Bitcoin ETFs (exchange-traded funds) have been in solid form over the past two weeks, laying a foundation for the strong price action experienced by the premier cryptocurrency recently. According to market data, the crypto-linked investment products opened the week with a daily inflow record of over $1.21 billion. As of this writing, with data from Friday’s trading session yet to be included, the US-based Bitcoin ETFs are currently on a nine-day streak of positive inflows. However, a focused look into the inflows trend shows that this data point doesn’t fully tell the story. Do Bitcoin ETFs’ Performance Depend…
XRP’s price experienced a massive crash, leaving over $700 million liquidated. But why? The broader cryptocurrency market saw its worst deleveraging events in history throughout the past 24 hours. Ripple’s XRP didn’t go unscathed. In fact, it was one of the altcoins that painted massive red wicks, dropping to as low as $1.2 on the Binance perpetual contracts charts. That’s a 60% drawdown, which, not surprisingly, had a lot of traders liquidated. So much so that, in fact, almost $1 billion worth of leveraged positions were wiped out in the past 24 hours. Why is the XRP Price Going…
XRP has lost its momentum as of late, but will the struggles continue? Ripple’s cross-border token had a spectacular run in the past year, which culminated in the summer of 2025 with a surge to a new all-time high of $3.65. Thus, it managed to break the 2017 peak after more than eight years of sitting below $3.4. However, its rally has hit a massive roadblock that has crippled it from pushing to and beyond those levels. What’s particularly painful for the XRP Army is that Bitcoin managed to tap a new all-time high earlier this week. Moreover, BNB…
The metric fell to $3.3 trillion on TradingView. Bitcoin’s price went through a sudden and painful crash on Friday evening and Saturday morning, dropping to its lowest position since early July. As this became the single-largest daily liquidation event with more than $19 billion wrecked, the total market cap plunged by $900 billion at one point. BTC’s Crash What a week it has been for the primary cryptocurrency. It all started on the right foot, with a surge past $124,000 last Sunday and up to $126,000 on Monday, which became a new all-time high. The asset lost some traction…
Investors withdrew 230,000 ETH from exchanges in just 48 hours Ethereum joined the rest of the market in the past day by plummeting to a multi-month low of $3,500 before recovering slightly to $3,850 as of now. During this harrowing crash, different investors showed various behavior types, from mass selling to buying the dip. The ETH flash crash in the summer of 2017 is the closest event I can think of in comparison to what happened yesterday. Even during the Covid crash I can’t remember so many major alts losing so much so swiftly. Difference with this liquidation cascade…
XRP price saw one of its sharpest drops of the year. It plunged from $2.83 to as low as $1.77 in a matter of hours before bouncing to around $2.44.Even after that rebound, the token is still down about 14% in 24 hours and nearly 20% weekly. But the data shows this wasn’t a normal sell-off — it was a panic-led, derivatives-driven flush, not real token selling. And now that the XRP price rebound is shaping up, a key group is seen adding to the token stash. Sponsored SponsoredPanic-Led Derivatives Crash, Not Spot SellingOn-chain data confirms that this was not…

