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The crypto market staged a recovery on Monday following the weekend’s $500 billion bloodbath that resulted in a $10 billion drop in open interest.Bitcoin BTC$115,237.06 rose by 1.4% while ether ETH$4,224.23 outperformed with a 2.5% gain. SNX$2.4270, meanwhile, stole the show with a 120% rally as traders anticipate “perpetual wars” between the decentralized trading venue and HyperLiquid.Plasma XPL$0.4395 and aster ASTER$1.4526 both failed to benefit from Monday’s recovery, losing 4.2% and 2.5% respectively. Derivatives PositioningThe BTC futures market has stabilized after a volatile period. Open interest, which had dropped from $33 billion to $23 billion over the weekend, has now…
HBAR (Hedera Hashgraph) experienced pronounced volatility in the final hour of trading on Oct. 13, soaring from $0.187 to a peak of $0.191—a 2.14% intraday gain—before consolidating around $0.190. The move was driven by a dramatic surge in trading activity, with a standout 15.65 million tokens exchanged at 13:31, signaling strong institutional participation. This decisive volume breakout propelled the asset beyond its prior resistance range of $0.190–$0.191, establishing a new technical footing amid bullish momentum.The surge capped a broader 23-hour rally from Oct. 12 to 13, during which HBAR advanced roughly 9% within a $0.17–$0.19 bandwidth. This sustained upward trajectory…
Strategy (MSTR), the world’s largest corporate owner of bitcoin BTC$114,431.52, appeared to miss out on capitalizing on last week’s market rout to purchase the dip in prices.According to Monday’s press release, the firm bought 220 BTC at an average price of $123,561. The company used the proceeds of selling its various preferred stocks (STRF, STRK, STRD), raising $27.3 million. That purchase price was well above the prices the largest crypto changed hands in the second half of the week. Bitcoin nosedived from above $123,000 on Thursday to as low as $103,000 on late Friday during one, if not the worst…
Market Recovery: XLM Leads with 6% Daily GainStellar’s XLM surged 6% over the past 24 hours, closing at $0.35 after weathering bouts of volatility. The asset traded within a $0.02 range between $0.33 and $0.35, briefly dipping to $0.34 before buyers regained control. The recovery underscores growing bullish sentiment across major crypto assets following October’s selloff.Institutional Buying SignalsThe final hour of trading showcased strong institutional accumulation. XLM opened at $0.35 before slipping to $0.34 by 13:29. In a sharp three-minute rally from 13:31 to 13:33, bulls propelled prices back to $0.35 on a surge of 15 million tokens traded —…
PENGU rebounds 13% after a flash crash, reclaiming key support. Analysts eye a breakout toward $0.03–$0.13 if momentum holds. After falling sharply last week, PENGU is now on the rise again and has recorded a 13% increase in the last 24 hours. Moreover, it has gained 80% since the $0.014 low (on CoinGecko) marked during the market-wide crash. Channel Support Remains Intact According to a weekly chart shared by Ali Martinez, PENGU is still holding within a descending channel that has been in place since July. The recent drop caused a long wick below the structure, but the candle…
With Binance (BNB) hitting all-time highs above $1,300, some whales are starting to look for the next crypto to invest in. Coins that have hit their all-time high (ATH) generally find it difficult to replicate the explosive returns of newer projects. All the gains have already been priced in, with limited upside. This is one reason why some investors seem to be moving to promising presales like Kart Rumble (RBT), which combines multiple USPs in one ecosystem. Kart Rumble mixes racing, memes, and AI in one ecosystem. Meme focused projects are known for explosive growth and mass followings, and whales…
Sci-fi survival game Eve Frontier is transitioning from the Ethereum-based Redstone gaming network to the layer-1 blockchain Sui. Game developer CCP Games told Decrypt the move wasn’t motivated by a financial grant, but because the network is aligned around a “deep philosophical direction for the game” and the “future of virtual worlds.”Over the coming months, a CCP Games spokesperson said, Eve Frontier will be ported over to Sui. Since the game is currently running on testnet, players will not need to migrate any assets. CCP Games told Decrypt that the move doesn’t change the game’s roadmap; rather, it enables the…
BNB’s recent surge to a new all-time high above $1,300 is not an “unexpected upshot or rare peak,” rather it shows the network’s credibility, according to David Namdar, CEO of Nasdaq-listed CEA Industries, which has also become the world’s largest BNB Treasury.In a recent interview with Cointelegraph, Namdar called BNB (BNB) “the most overlooked blue-chip in the market,” arguing that the rally reflects years of underappreciated fundamentals finally breaking through.“The market is waking up to the credibility, scale, and utility of the BNB ecosystem,” he said, pointing out the chain’s rising throughput, active users and steady DeFi and gaming traction.…
Opinion by: Hedy Wang, co-founder and CEO at Block StreetEquity markets are still running on outdated rails — batch files, email reconciliations and sluggish collateral transfers that crawl between custodians through workflows that no one fully controls. If the industry wants to maintain credibility, it can no longer tolerate this. The answer is not another incremental patch or painful niche option. It’s a step up to onchain equity lending. Real-time settlement, programmable collateral and transparent rule enforcement will become the benchmark others must meet.Equities are dependent on elements like certainty and speed. The systems that hold them up, however, still cause…
Key takeawaysSome altcoins, including Cosmos’s ATOM token, briefly fell near zero on Binance during Friday’s crypto market crash.The same altcoins held real market value on other centralized crypto exchanges.On Oct. 10, the cryptocurrency suffered its most severe downturn since the FTX collapse, with the total market capitalization dropping by approximately $850 billion within hours.Bitcoin (BTC) fell around 10–15%, from highs near $124,000 to lows of $105,000. However, altcoins fared far worse, especially those traded on Binance, with many plunging 99.99-100% in minutes.That includes tokens like Cosmos (ATOM), IoTeX (IOTX), and Enjin (ENJ), whose prices on Binance briefly hit zero. ATOM/USDT,…

