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Bitcoin is showing signs of recovery after Friday’s sharp decline, triggered by comments from US President Donald Trump regarding new tariffs on China. The remarks sent shockwaves through global markets, with risk assets—including cryptocurrencies—experiencing heightened volatility. BTC plunged to as low as $103K before rebounding, leaving traders and analysts assessing whether this correction marks the beginning of a deeper retracement or just another shakeout.

Adding intrigue to the situation, a mysterious whale, known by many as a “BitcoinOG,” profited more than $160 million in just 30 hours during the crash. The trader reportedly executed large short positions on both Bitcoin and Ethereum, perfectly timing the market’s downturn. Now, in a surprising twist, this same entity is doubling down. Lookonchain data shows that the trader has opened additional short positions totaling 1,423 BTC—worth approximately $161 million at current prices.

The move has sparked widespread speculation across the crypto community. While some see it as a calculated hedge anticipating further downside, others interpret it as a potential market manipulation attempt. Regardless, Bitcoin’s ability to recover amid such heavy short positioning will be a key test of market resilience in the days ahead.

Bitcoin OG Moves Another 100 BTC: A Signal or a Setup?

According to data from Lookonchain, the mysterious trader known as “Bitcoin OG” has just deposited another 100 BTC—worth approximately $11.48 million—into Kraken within the past hour.

Depositing BTC to exchanges like Kraken often signals a potential intent to sell or to use the coins as collateral for derivatives trading. Given that this trader has already built a massive short position—currently estimated at 1,423 BTC ($161 million)—this additional transfer may suggest that the individual is either increasing leverage or preparing for further downside. It’s a classic playbook move: send BTC to an exchange ahead of shorting or market-making activity.

However, such transactions can also act as psychological catalysts, amplifying fear across the market. When large wallets move funds after volatile events, it often triggers panic among retail traders, who interpret it as a prelude to another sell-off.

The coming days will therefore be crucial. If Bitcoin holds above $113K–$115K despite these bearish signals, it could indicate that selling pressure is being absorbed by strong hands. Conversely, failure to maintain this support could trigger another cascade of liquidations toward the $108K–$110K zone. In short, the market is entering a decisive phase—where Bitcoin’s resilience will either confirm recovery or pave the way for another sharp leg down.

Price Faces Resistance as Recovery Slows

Bitcoin’s daily chart shows the market struggling to regain momentum after last week’s dramatic sell-off. Following the drop to $103K, BTC rebounded sharply but now faces resistance near the $117,500 level — a critical zone that previously acted as both support and resistance throughout August and September.

The price is currently trading around $114,300, sitting just below the 50-day moving average (blue line), while the 100-day (green) and 200-day (red) moving averages remain slightly below, supporting the current structure around $112K and $107K, respectively. This alignment suggests that BTC remains in a medium-term uptrend, but the current consolidation could define the next major move.

If Bitcoin manages to close above $117,500, it could confirm a bullish continuation toward $122K and eventually retest the $125K level. Conversely, failure to break through resistance may trigger renewed selling pressure, potentially dragging the price back toward $110K or even $107K.

Momentum indicators show that buyers are cautious, with limited follow-through after each rally attempt. For now, Bitcoin’s outlook remains neutral to slightly bullish—but traders should watch for confirmation of direction around the $117.5K mark, which will likely determine whether the next leg is a recovery or another corrective wave.

Featured image from ChatGPT, chart from TradingView.com

The recent crash in the broader crypto market, which saw Bitcoin (BTC) plummet to as low as $102,000 on Friday, has ignited renewed criticism, leading to a cautionary statement from Hargreaves Lansdown (HL), the largest retail investment platform in the UK, which manages approximately $225 billion in assets. 

Bitcoin As Non-Asset Class?

The firm issued a stark warning to its clients, advising them to steer clear of Bitcoin. HL emphasized that the cryptocurrency holds “no intrinsic value” and should not be included in their life savings or retirement strategies.

In a statement, HL acknowledged that while Bitcoin has delivered positive long-term returns, it has also undergone extreme volatility, making it a riskier investment compared to traditional assets like stocks and bonds.

The firm asserted that Bitcoin does not qualify as an asset class and lacks the characteristics necessary for inclusion in growth or income portfolios. Furthermore, HL noted that performance assumptions for cryptocurrency are challenging to analyze, reinforcing the view that it lacks intrinsic value.

Hargreaves Lansdown is the third major financial institution to issue such a warning recently, joining Deutsche Bank and Elliott Management in expressing skepticism about the value proposition of cryptocurrencies. 

Just days prior, Deutsche Bank informed its clients that Bitcoin is “backed by nothing,” although it anticipates that the cryptocurrency may eventually be adopted as a reserve asset by central banks. 

In January, activist investor Elliott Management cautioned its clients about an “inevitable collapse” of Bitcoin, citing its lack of substance as an asset.

Crypto Market Rebounds

While Hargreaves Lansdown’s assessment of Bitcoin’s volatility and risk is valid, it is important to note that Bitcoin has also proven to be a profitable investment. 

Following the recent collapse in prices, Bitcoin has shown signs of recovery, priced at around $114,200, reflecting a 83% increase year-to-date (YTD), significantly outpacing the S&P 500.

Ethereum (ETH), the second-largest cryptocurrency by market capitalization, also climbed on Monday nearly 9% to hover around $4,130. After dipping below the $4 trillion threshold on Friday, the total market capitalization rebounded to reach approximately $3.9 trillion.

The price fluctuations followed a disastrous Friday that saw over $19 billion evaporate from traders’ positions, marking the largest one-day liquidation event.

Within a span of 24 hours, Bitcoin lost more than $200 billion in market capitalization and dropped nearly 10% in value, while Ethereum suffered an even steeper decline of almost 14%.

The market turmoil even extended to stablecoins. USDe, one of the largest stablecoins by market capitalization, briefly depegged to 65 cents on Binance before swiftly recovering back to its $1 value. 

Featured image from DALL-E, chart from TradingView.com 

Bitcoin has faced one of its most volatile weeks in recent history, plunging to $103,000 on Friday in a dramatic 15% drop that erased billions in market value within hours. The sudden sell-off triggered widespread liquidations across the crypto market, wiping out leveraged positions and sparking panic among traders. However, price action is now showing early signs of recovery, with some analysts suggesting that this sharp correction could pave the way for a stronger, more sustainable uptrend.

According to a recent report from CryptoQuant, this event marks one of the most severe market resets ever recorded, with potential ripple effects expected to shape price behavior for months to come. Following Bitcoin’s peak last week, open interest — a measure of futures market activity — dropped sharply by $12 billion, from $47 billion to $35 billion. This represents one of the largest contractions in derivatives positioning seen in recent years.

Such massive deleveraging historically precedes a healthier market structure, as excessive speculation is flushed out. While volatility remains elevated, the combination of reduced leverage and renewed inflows from stablecoin reserves could position Bitcoin for a gradual recovery — if demand holds steady and buyers regain confidence in the coming sessions.

Market Reset Clears the Path For Bitcoin

The CryptoQuant report highlights a notable shift in Bitcoin’s market structure following Friday’s massive correction. Funding rates, which had been declining steadily for months, briefly turned negative during the capitulation event — a clear sign that traders flipped bearish in panic. However, these rates have since normalized to modestly positive levels, indicating that sentiment is stabilizing and short-term speculation is being replaced by more balanced positioning.

Another key metric, the Bitcoin Estimated Leverage Ratio (ELR), also dropped significantly after reaching levels not seen since 2022. This sharp reduction points to a widespread deleveraging across derivatives markets, as overexposed traders were forced to unwind positions. Such events often act as a “reset” for market health, flushing out excessive leverage and setting the stage for more sustainable growth.

Meanwhile, the Bitcoin Stablecoin Supply Ratio (SSR) fell to its lowest point since April. This decline implies that stablecoin liquidity — or the potential buying power sitting on the sidelines — has risen substantially relative to Bitcoin’s market capitalization. Historically, when stablecoin liquidity increases after major sell-offs, it often signals an accumulation phase that precedes recovery.

BTC Attempts Recovery After Sharp Correction

Bitcoin is showing signs of stabilization after its steep decline to the $103,000 level on Friday. The daily chart reveals that BTC has rebounded sharply, currently hovering around $115,000. This recovery suggests that buyers are stepping in around key demand zones, defending the 200-day moving average — a historically critical level for maintaining long-term bullish momentum.

Despite the bounce, Bitcoin remains below the $117,500 resistance, a level that previously acted as strong support. Bulls must reclaim and close above this zone to confirm a continuation toward $120,000 and potentially retest the $125,000 range. Until then, the price remains within a consolidation phase following an extreme liquidation event.

The moving averages (50-day and 100-day) show a near-term bearish crossover risk, reflecting the market’s cautious tone. However, the quick rebound from last week’s capitulation indicates strong underlying demand and the potential for a higher low formation — a constructive technical sign.

If BTC manages to hold above $112,000 and regain $117,500, momentum could shift back in favor of buyers. Conversely, failure to sustain these levels could expose the market to another retest of lower supports around $108,000.

Featured image from ChatGPT, chart from TradingView.com

Crypto snapped back on Monday as a diplomatic cool-down between Washington and Beijing helped erase part of Friday’s historic wipeout. Total crypto market cap jumped roughly 5%, with over $550 billion flowing back into digital assets after a panic sparked by talk of 100% U.S. tariffs on Chinese goods.

Bitcoin (BTC) reclaimed $115,000 (+3%), Ethereum (ETH) climbed to $4,142 (+8.2%), and XRP traded near $2.54. High-beta majors joined the rebound: BNB surged 14% and Solana (SOL) gained 7%.

Trade War Fears Ease as China Clarifies Export Rules and Trump Softens Tone

The bid returned as China’s Ministry of Commerce clarified its rare-earth export controls are legal but not a ban, with compliant civilian applications to be approved. President Donald Trump also struck a more conciliatory tone, posting that the U.S. wants to “help China, not hurt it,” easing fears of a near-term trade war escalation.

The shift follows the largest crypto liquidation on record, over $19–$20 billion in 24 hours, as over-levered longs were flushed in Friday’s cascade. Prediction markets now price sharply lower odds of full tariffs by Nov. 1, aligning with Monday’s broad risk-on bounce.

Institutions Buy The Dip As ETF Momentum Steadies

From a deeper perspective, the flows stayed constructive. Spot Bitcoin ETFs saw only minor daily outflows ($4.5M on Friday) and remain net positive by nearly $6B for October, signaling continuing institutional demand via regulated vehicles.

On-chain watchers also flagged Marathon Digital adding 400 BTC ($46M) through FalconX in early Monday trade, consistent with treasuries opportunistically accumulating into weakness.

Sentiment gauges improved from “extreme fear,” while social data on Stocktwits flipped bullish for BTC, with some traders eyeing a retest of $140K if macro tailwinds persist.

Levels To Watch: Support, Resistance, And Catalysts

Technically, BTC’s swift recovery places $114,000–$117,000 as near-term support, with resistance layered around $121,000–$126,000 (the recent ATH zone). ETH faces supply near $4,200–$4,300, while XRP watchers highlight $2.60–$2.65 as a hurdle to unlock momentum toward $3.00.

Macro remains the key swing factor, as any renewed tariff saber-rattling or U.S. data surprises (especially amid a patchy government-statistics calendar) could reignite volatility.

Conversely, sustained ETF inflows, improving liquidity, and calmer U.S.–China rhetoric continue to support a base-building environment heading into Q4.

Cover image from ChatGPT, BTCUSD chart from Tradingview

Crypto analyst Levi Rietveld released a new video on X, describing it as “the most important XRP video you will ever watch.” His remarks and outlook focus on some important macroeconomic shifts that are going to usher in a new cycle for Bitcoin, XRP, and other cryptocurrencies. This is important, as it coincides with a time when the crypto market is starting to recover from a massive correction over the weekend.

 XRP To Rebound From Major Support

According to Rietveld, XRP’s price is approaching an important support zone around $2.785, which could serve as the foundation for a strong bullish reversal. He noted that XRP is likely near its local bottom and that a rebound from this level would be normal, where cryptocurrencies surged shortly after major corrections.

The analyst noted that traditional equity markets, especially in the United States, are hitting new all-time highs, even as the broader crypto market is consolidating. This divergence has occurred multiple times before, but liquidity eventually rotates from the stock market into digital assets and causes explosive upward movements. Rietveld pointed out that a similar pattern was observed in early March, April, and May, when stocks peaked just before Bitcoin and altcoins went on a major rally.

Institutional And Sovereign Interest Building In Crypto

Rietveld’s analysis also highlighted increasing institutional appetite for cryptocurrencies, which he believes will be a major catalyst for the next market expansion. He cited data showing that over 60% of institutional investors plan to increase their exposure to Bitcoin and other cryptocurrencies beyond what they already have. This trend, he said, is a very good sign.

Rietveld also mentioned that aside from private institutions, several sovereign wealth funds, including those in Luxembourg, Denmark, and the United States, are preparing to allocate portions of their portfolios to Spot Bitcoin ETFs. Particularly, he referenced news about Luxembourg, which recently confirmed that it is assigning 1% of its sovereign wealth fund to Spot Bitcoin ETFs. The analyst described this as the early stage of a broader capital migration worth trillions of dollars from traditional markets into cryptocurrencies.

Rietveld’s comments extended beyond technicals and market inflow trends. The analyst offered a strong critique of the global financial system by accusing central banks, particularly the US Federal Reserve, of mismanagement and corruption through unchecked money printing and debt accumulation. In his view, the fiat currency system is unsustainable, and cryptocurrencies like XRP are the best option for financial independence.

He encouraged investors not to succumb to fear or market uncertainty, noting that the periods of widespread panic, like the current one, are the best buying opportunities. Those who are patient and are accumulating at these low prices are the ones positioning themselves to benefit the most when the next strong crypto rally rolls in.

According to crypto analyst Jake Claver, XRP futures exchange-traded funds (ETFs) don’t actually help the token’s price. He explains that these products do not purchase real XRP tokens. Instead, they trade contracts that settle in cash. Because they don’t buy or lock away tokens, there is no real demand or supply pressure on XRP.

In contrast, spot XRP ETFs could have a much bigger effect. These would require fund managers to buy and hold actual XRP tokens, removing them from circulation. As a result, once these spot ETFs are approved, demand from institutional investors could push prices higher. 

Jake Claver Explains Why XRP Futures ETFs Don’t Drive Real Demand

Jake Claver explains that futures ETFs don’t buy a single XRP token. They are cash-settled contracts, meaning investors are only trading paper agreements, not the tangible asset. Fund managers buy and roll these futures contracts before they expire, and even if delivery ever happens, they immediately sell the tokens right back. This process keeps XRP’s actual supply untouched.

Claver calls this “paper trading dressed up in an ETF wrapper.” It looks like a real investment in XRP, but it is not. Since futures ETFs never hold the actual token, they do not create any pressure on XRP’s supply. There is no actual buying demand, and that means no upward push on price.

He also notes that this setup only checks a regulatory box for the SEC. The SEC usually wants six months of futures trading before approving any spot ETF. For Claver, XRP’s futures ETFs are part of that early stage, not a significant price driver.

Why Spot XRP ETFs Could Trigger A Real Supply Shock

While futures ETFs have little real effect, Claver believes spot ETFs could change the game. Unlike futures, spot ETFs require fund managers to buy actual XRP tokens for every dollar invested. Those tokens are then held in custody by regulated institutions like Coinbase or Anchorage, removing them from the open market. Each share of the ETF is backed by real XRP, often between five and fifty tokens per share, and these tokens stay locked unless investors sell.

Claver compares this to what happened with Bitcoin. Futures ETFs have existed since 2017, but Bitcoin’s real growth only began when spot ETFs launched in January. 

According to Claver, XRP is now in a similar position. The market has already met the SEC’s futures requirement, meaning spot ETFs could soon be approved. When that happens, institutional investors will need to buy large amounts of XRP in a market with very low liquidity. The launch of spot XRP ETFs could trigger intense price discovery and what Claver calls a “mathematical supply shock.”

He believes the real move for XRP will start when institutions compete for actual tokens in a market that’s already running dry. Futures ETFs may have opened the door, but spot ETFs could be what finally pushes XRP into its next significant phase.

According to local police and multiple news reports, crypto trader Konstantin Galish — also known by the name Kostya Kudo — was discovered dead inside his Lamborghini Urus in the Obolon district of Kyiv. He was 32.

Reports have disclosed that the cause of death was a gunshot wound to the head, and a firearm registered in his name was found at the scene. Authorities are treating the case as a possible suicide while examinations continue.

Investors Face Heavy Losses

Based on reports, the discovery came amid a severe crypto market rout that saw roughly $19 billion in liquidations over a 24-hour stretch. Some outlets say that Galish, who was also a crypto influencer, may have been connected to losses of about $30 million tied to clients or projects he ran.

Messages sent to relatives, according to those close to the family, spoke of emotional strain and financial trouble. Friends told investigators that he had communicated distressing notes before he died.

BREAKING: A Ukrainian crypto investor Kostya Kudo Konstantin Galish, 32 was found dead from a self-inflicted gunshot wound inside his Lamborghini Urus in Kyiv. The tragedy came as the crypto market suffered a $19 billion wipeout.

Authorities have ruled it a suicide, the crypto… pic.twitter.com/U9XtEcplsu

— Ash Crypto (@Ashcryptoreal) October 11, 2025

The Case Is Still Open

The scene was secured by Kyiv police and statements were posted on official Telegram channels. The investigation is ongoing. No final cause has been announced, and investigators say they have not ruled out other possible explanations.

Community Reacts And Calls For Support

News of the death spread quickly through trading groups and social feeds. Members of the crypto community expressed shock and urged more attention to mental health among traders.

Based on reports, public discussion has centered on the pressure tied to high-risk strategies, public profiles, and the thin line between private losses and funds held for others.

In Ukraine, where health and social services have been strained by broader national challenges, commentators said that more safety nets are needed for people under severe financial pressure.

Market Triggers And Broader Context

Analysts pointed to a string of trade and tariff headlines that shook investor confidence. Reports connected the sudden selloff to news tied to trade policy and to remarks that were linked in media accounts to US President Donald Trump, which together fed a wave of selling across risky assets.

The market move was large enough to trigger liquidations and forced exits for some highly leveraged positions. That ripple, in turn, heightened scrutiny of influencers and small firms handling client funds.

Featured image from Pexels, chart from TradingView

The growing shift in global finance is pointing toward a future where traditional assets, like gold, merge with digital systems—and XRP may play a pivotal role in connecting the two. Financial analyst Versan Aljarrah of Black Swan Capitalist suggested that XRP could serve as the bridge between physical and digital value, aligning with its goal to become a global bridge currency that enables instant, low-cost settlements across different networks and asset classes. 

XRP’s Role In Bridging Physical And Digital Value

On October 10, Aljarrah shared a post on X social media asserting that gold is returning as the world’s reserve asset and that the next phase of global finance involves its digitization. He explained that XRP plays a vital role in this financial transformation. According to him, XRP represents the bridge that will connect tangible Real-World Assets (RWA), such as gold, to the digital systems now being developed worldwide. 

His arguments centre on XRP’s design as a natural settlement technology capable of transferring value instantly between assets and networks without relying on traditional intermediaries such as SWIFT. To support his claim, Aljarrah referenced statements made by renowned gold mining expert and investor Pierre Lassonde, who explained that central banks worldwide have been quietly restructuring their reserves over the past few years. 

Lassonde noted that central banks have purchased large amounts of gold, roughly one-third of the newly mined production, while simultaneously reducing their holdings of US dollars. He said that the dollar’s share in global reserves has fallen from 72% in 2020 to below 58%, while gold reserves holdings have more than doubled. 

He also emphasized that countries like China, India, Turkey, and Poland are buying gold to reduce reliance on a reserve currency tied to another nation’s debt. Gold, by contrast, is an independent currency that is not tied to any country’s debt. Lassonde further highlighted China’s efforts to develop a competing financial messaging network to SWIFT, one that’s gaining traction among emerging economies in Africa and Asia. 

These changes, according to the mining expert, reflect a major reordering of global power and financial independence, accelerated by frustrations with the current US administration’s aggressive stance toward global partners. Aljarrah has connected this sentiment to XRP, envisioning the cryptocurrency’s function as a bridge between diverging systems, linking physical wealth, like gold, with borderless digital liquidity. 

The Token As The Backbone Of The New Financial System

In a more recent post, Aljarrah clarified that XRP was not intended to be traded for short-term gains, but rather to be held as a key to the emerging digital financial structure. He referred to this transformation as “the Ripple effect,” describing XRP as the backbone and rails of a new monetary system where value moves seamlessly between banks, assets, and borders. 

According to him, holding the altcoin symbolizes entry into a future financial system that is free from traditional intermediaries and centralized control. This vision closely aligns with Ripple’s long-term goal of modernizing cross-border payments by integrating blockchain technology into the institutional finance sector.

During the weekend, the entire cryptocurrency market saw a notable downward move, with the price of Solana losing the $200 mark in a swift and sudden pullback. Nonetheless, this sharp bearish move in price did not hinder the network’s on-chain activity, which continues to grow strongly.

While Markets Crashed, Solana Network Stood Strong

The Solana blockchain has displayed notable resilience once again, even as the broader crypto market experienced a huge bearish wave. With the report from SolanaFloor on the social media platform X, the leading network maintained a positive performance in opposition to its price action.

According to the platform, the network did quite well during the biggest cryptocurrency liquidation event in history, with median fees staying low. This high network performance and uptime reinforce its growing reputation as one of the most robust and scalable blockchains in the crypto sector. Meanwhile, Ethereum layer 2s mimicked mainnet fee increases, with Arbitrum gas hitting roughly $100 per transaction. 

Solana’s performance metrics continue to astonish the crypto community, as the blockchain recently witnessed a significant surge in raw transactions. This astounding throughput, which greatly exceeds that of the majority of other major blockchains, highlights SOL’s technological advantage in scalability and efficiency.

Data from the platform shows that SOL’s raw transactions surged to an impressive 6,000 to 10,000 per second. Such a high number of transactions points to increasing developer adoption, NFT engagement, and active Decentralized Finance (DeFi).

In addition to the rise in raw transactions, SolanaFloor highlighted that utilization drew close to 60 CUs per block. During this time, its median transaction fees have stayed low, indicating the rising prominence of SOL as a top platform for blockchain apps with outstanding performance.

SOL’s DEXs Trading Volume On The Rise

Amid the largest crypto liquidation event in history, where billions were wiped out across major crypto exchanges, Solana Decentralized Perpetual Exchanges (perp DEXs) have reached an unprecedented milestone. 

In another post on X, SolanaFloor reported that the blockchain’s perp DEXs recorded their highest-ever trading volume, which is situated at over $4.49 billion. The notable expansion points to a developing DeFi ecosystem on SOL, driven by minimal costs, lightning-fast transactions, and growing institutional involvement.

According to the report from SolanaFloor, the Jupiter Exchange, with a volume of $2.34 billion, was at the forefront of this surge in perp DEXs. This surge comes as traders rushed to reposition themselves during extreme market volatility.

During last night’s massive liquidation event, SOL DEXs also processed a substantial wave of trading volume. SolanaFloor revealed that a total of more than $8 billion in processed trading volume, with Orca leading the charge. With $2.49 billion, Orca has taken the number 1 spot in trading volume. Furthermore, a combination of four SOL DEXs surpassed $1 billion in trading volume over a 24-hour period.

Indian exchange WazirX has received the greenlight from the Singapore High Court, paving way for users to finally get their crypto funds back.

WazirX Restructuring Approved By Singapore High Court

As announced by WazirX founder and CEO Nischal Shetty in an X post, the latest Singapore High Court hearing has ended with the platform’s restructuring scheme receiving approval.

The hearing marked the culmination of WazirX’s recovery efforts following the infamous July 2024 hack. This hack, which was later linked with North Korea’s Lazarus Group, drained the platform of almost $235 million in user crypto. At the time, the exchange held a total of $500 million, meaning hackers made away with about 47% of its reserve.

WazirX had to cease operations once the hack became known, and to this day, users have been unable to withdraw their funds from wallets linked with it. The successful Monday hearing from the Singapore High Court, however, could finally flip the situation. The hearing was regarding WazirX’s restructuring plan that would see it restart operations. The platform had previously attempted to get a similar scheme through back in June, but the Singapore court rejected the proposal.

While WazirX is an Indian exchange, its parent company, Zettai, is based in Singapore. This is why the hearings have been taking place in the Southeast Asian country, rather than the subcontinent. The High Court rejected the earlier scheme due to compliance issues with Singapore’s Financial Services and Markets Act (FSMA) and concerns over the involvement of Panama-based Zensui in the redistribution process.

WazirX went back to the drawing board and came up with another proposal, this time with the Indian component of the platform handling the crypto redistribution instead. The court didn’t issue a decision during the September hearing, leaving creditors tense about whether the plan would be rejected again.

The exchange had warned that an unsuccessful scheme could set back user fund distribution by at least two more years. After the October 13th hearing, however, creditors can finally breathe a sigh of relief, as the court has approved the proposal.

“Thank you to everyone who supported this difficult phase of WazirX,” said Shetty. “Now we set out on the next phase to work hard and create value for everyone.” So far, the platform hasn’t confirmed when user redistribution will start, but earlier, it had said that creditors can expect their crypto back within 10 days of an effective scheme.

On the topic of crypto hacks, North Korean hackers have continued their wave of wallet raids in 2025. According to blockchain analytics firm Elliptic, malicious players linked to Pyongyang have already stolen more than $2 billion in digital assets so far this year.

This marks the largest yearly total of crypto thefts ever attributed to North Korea, as the below chart shows. The majority of this figure is contributed by the massive $1.46 billion theft from Bybit.

Besides the big exchange hacks, North Korean hackers have also been employing more subtle tactics to steal from digital asset wallets. A recent report revealed that attackers from the nation are masquerading as recruiters to lure in applicants with fake job offers and make off with their funds.

Bitcoin Price

Bitcoin has made some recovery from its latest crash as its price is back at $114,900.

• Trumps Ankündigung, Waren aus China mit 100% Zöllen zu belegen, brachte Finanzmärkte weltweit sowie Bitcoin und Co. tief in den roten Bereich
• Innerhalb weniger Stunden verlor der Markt Milliardenbeträge.
• Mittlerweile haben sich BTC, ETH und andere Altcoins zu großen Teilen wieder erholt

Der Freitag begann ruhig – und endete im Chaos. Bitcoin, Ethereum und viele andere Kryptowährungen stürzten plötzlich ab. In nur wenigen Stunden verloren Anleger Milliarden. Grund dafür war eine politische Entscheidung, die auch die Börsen in den USA und China erschütterte. Doch schon am Wochenende deutete sich eine schnelle Erholung an.

Bitcoin fällt in wenigen Stunden stark ab

Am Freitagmorgen lag der Bitcoin-Kurs noch bei rund 121.000 Dollar. Doch im Laufe des Tages setzte ein rasanter Absturz ein. Innerhalb von sieben Stunden sank der Kurs auf 109.000 Dollar. Damit waren alle Gewinne der vorherigen Woche wieder verloren. Ethereum fiel auf 3.686 Dollar, Solana lag nur noch knapp über 173 Dollar. Die Stimmung an den Märkten kippte schlagartig.

Auch die großen Aktienindizes bekamen den Schock zu spüren. Der Nasdaq fiel um 3,6 Prozent, der S&P 500 verlor 2,7 Prozent und der Dow Jones rutschte um 1,9 Prozent ab. Die Verbindung zwischen Kryptomarkt und Aktienmarkt zeigte sich einmal mehr deutlich. Investoren verkauften ihre riskanteren Anlagen aus Angst vor weiteren Verlusten.

Rekord-Liquidationen sorgen für Panik

Als die Kurse plötzlich fielen, begannen viele Handelsplattformen automatisch Positionen zu schließen. In nur einer Stunde wurden fast sieben Milliarden Dollar an Krypto-Positionen aufgelöst. Die meisten Verluste trafen Anleger, die auf steigende Kurse gesetzt hatten. Insgesamt wurden an einem einzigen Tag fast 20 Milliarden Dollar liquidiert – ein neuer Negativrekord. Diese schnelle Abfolge von Zwangsverkäufen löste eine Kettenreaktion aus. Immer mehr Anleger versuchten gleichzeitig, ihre Positionen zu retten. Die Preise stürzten weiter ab, während Handelsroboter den Druck zusätzlich erhöhten. Erst am Abend kam der Markt langsam wieder zur Ruhe.

Trump kündigt neue Zölle an – Märkte reagieren sofort

Der Grund für den Crash lag nicht in der Technik, sondern in der Politik. US-Präsident Trump erklärte, dass er ein geplantes Treffen mit Chinas Präsident Xi Jinping absagt. Gleichzeitig kündigte er deutlich höhere Zölle auf chinesische Waren an. Er warnte, dass diese Entscheidung für amerikanische Verbraucher kurzfristig schmerzhaft sein könne.

Hier kommst du zu unserer detaillierten Prognose für Bitcoin.

Die Reaktion ließ nicht lange auf sich warten. China kündigte an, wichtige Rohstoffe wie seltene Erden künftig stärker zu kontrollieren. Das verschärfte die Sorgen vor einem neuen Handelskrieg. Viele Investoren sahen darin ein Zeichen wachsender Unsicherheit und zogen ihr Geld aus risikoreichen Anlagen wie Kryptowährungen ab.

China sendet beruhigende Signale – Erholung setzt ein

Bereits am Wochenende gab es erste Anzeichen für Entspannung. Vertreter der chinesischen Regierung betonten, man wolle den Dialog mit den USA fortsetzen. Diese Worte wirkten beruhigend auf die Märkte. Bitcoin und andere Kryptowährungen legten daraufhin wieder deutlich zu.

Bitcoin back over $115,000 pic.twitter.com/I5llWSijW5

— Bitcoin Archive (@BTC_Archive) October 13, 2025

Bitcoin stieg um fünf Prozent auf 115.100 Dollar, Ethereum sogar um mehr als zehn Prozent auf 4.138 Dollar. Auch Solana, BNB und Dogecoin konnten sich schnell erholen. Viele Experten sprachen von einer „Erleichterungsrally“, also einer Gegenbewegung nach zu starkem Pessimismus. Die Verkäufe nahmen ab, während Short-Positionen aufgelöst wurden.

Crash war Panik, kein Zusammenbruch

Marktbeobachter sehen den Absturz nicht als Zeichen einer echten Krise. Vielmehr war es eine heftige Reaktion auf politische Schlagzeilen und überhebelte Wetten. Sobald der erste Schock vorbei war, fanden Käufer schnell zurück in den Markt. Das zeigt, wie robust der Kryptomarkt trotz seiner Schwankungen inzwischen geworden ist.

Les hier, wieso einige Experten bei BTC noch dieses Jahr eine Rally bis 250k sehen. Ein Analyst erklärte, dass der Ausverkauf eher ein „emotionaler Reflex“ als ein strukturelles Problem war. Anleger sollten jedoch daraus lernen, nicht zu stark auf kurzfristige Nachrichten zu reagieren. Die Ereignisse des Freitags sind ein Beispiel dafür, wie eng Politik, Wirtschaft und Krypto miteinander verbunden sind. Ob der Markt seine Erholung fortsetzt, hängt nun von weiteren politischen Entwicklungen ab.

Bitcoin Hyper: Wenn die Welt wackelt, bleibt Bitcoin stark

Mit Trumps neuer Zollansage an China spüren viele wieder, wie schnell Unsicherheit an den Märkten um sich greift. Genau in solchen Momenten zeigt sich, warum Bitcoin für viele zum sicheren Hafen geworden ist – unabhängig von Politik oder Zentralbanken. Doch klassische Bitcoin-Transaktionen sind langsam und teuer. Bitcoin Hyper ändert das: Durch die Verbindung mit der schnellen Solana-Technologie wird Bitcoin endlich alltagstauglich. Schnell, günstig und trotzdem sicher – perfekt für eine Zeit, in der man lieber auf Technologie als auf Schlagzeilen vertraut.

Lies hier eine langfristige Prognose für Bitcoin Hyper!

$HYPER: Der Turbo für die Bitcoin-Zukunft

$HYPER ist nicht einfach ein weiterer Coin – er ist der Antrieb von Bitcoin Hyper. Mit ihm laufen Transaktionen blitzschnell, Staking bringt Belohnungen und neue Apps entstehen direkt auf Bitcoin. In einer Welt voller Unsicherheiten bietet Bitcoin Hyper echten Nutzen statt nur Hype. Wer $HYPER hält, setzt auf ein System, das nicht nur sicher ist, sondern auch funktioniert – egal, was Trump, China oder die Märkte gerade treiben.

Top DOGE influencer Top Doge has teased a special event set to take place in the Dogecoin community today. This has led to speculation about what the event could be and how it could impact the top meme coin.  

Dogecoin Influencer Hints At Big Things For DOGE

In an X post, Top Doge stated that big things are on the horizon for Dogecoin on October 13. He added that Bit Origin is geared up to take the lead, suggesting that this may relate to institutional adoption. Bit Origin is one of the two DOGE treasury companies that have emerged in the U.S. 

The company currently holds 70.5 million DOGE on its balance sheet, according to CoinGecko data. Meanwhile, although the Dogecoin influencer didn’t provide any further information on what to expect, he declared that the DOGE journey is just getting started. In an earlier X post, the influencer stated that DOGE is no longer just a meme anymore. 

He further thanked companies like Bit Origin for turning internet hype into real-world value. Top Doge added that big money is paying attention to Dogecoin. The influencer’s statement about an October 13 development for the meme coin has also led to speculation about what it might be. 

It is worth noting that Top Doge isn’t the only one that has teased a major event for Dogecoin today. Media personality Mario Nawfal also said that something big is coming today that should shake up the Dogecoin community and the broader crypto community. 

House of Doge, the corporate arm of the Dogecoin Foundation, also reposted this X post from Nawfal, further indicating that the news was related to institutional adoption. House of Doge has notably played a key role in pushing DOGE’s institutional adoption, including helping set up CleanCore’s DOGE treasury. 

The DOGE ETFs

The launch of the Dogecoin ETFs is major institutional news that the DOGE community is eagerly awaiting. However, that is unlikely to be the event that Top Doge and Mario Nawfal have teased about, as the SEC has put the approval of these funds on hold due to the U.S. government shutdown. 

The final deadline for a decision on Grayscale’s Dogecoin ETF application was meant to come up on October 18. However, the commission plans to approve these funds under the new generic listing standards, rendering the timeline irrelevant. Now, the SEC can approve the S-1s at any time, although that is unlikely to happen until the shutdown ends. Polymarket data shows that the shutdown could last up to a month, further delaying the launch of the DOGE funds. 

At the time of writing, the Dogecoin price is trading at around $0.2, up over 11% in the last 24 hours, according to data from CoinMarketCap.

Quick Facts: 1️⃣ Bitcoin, while secure and decentralized, struggles with slow transaction speeds and high fees, limiting its use for everyday transactions. 2️⃣ Bitcoin Hyper ($HYPER) is a new Layer-2 network that aims to solve Bitcoin’s problems by providing a high-speed layer on top of Bitcoin. 3️⃣ By using a Canonical Bridge to wrap Bitcoin on the new network, Bitcoin Hyper enables users to make quick payments and access dApps while still benefiting from Bitcoin’s core security.

It’s stood the test of time. It’s a digital fortress. It’s the king of crypto. We’re talking about Bitcoin, obviously. Everyone knows it for being secure and decentralized. But there’s a flip side to that coin: it’s also incredibly slow and has scalability issues.

Think about it like this: comparable blockchains like Solana can handle thousands of transactions per second, whereas Bitcoin struggles to even do ten. It means that simple, everyday tasks, like buying a sneaky treat, can take ages and cost way too much in fees when the network is busy. But with Bitcoin Hyper ($HYPER), it doesn’t have to be.

Bitcoin is like trying to drive a Ferrari on a dirt road; it’s just not built for speed. Because of this, Bitcoin is a fantastic store of value, but it’s not a great tool for the fast-paced world of DeFi, NFTs, and other new digital apps.

The pressing question has always been how to make it faster without breaking the things that make it so strong. Now the answer is clear: Bitcoin Hyper ($HYPER).

Bitcoin’s Solution: $HYPER a Turbo-Charge for Bitcoin

Let’s be clear, Bitcoin Hyper ($HYPER) isn’t trying to replace Bitcoin; it’s here to give it a major powerup.

Bitcoin Hyper is a Layer-2 network, meaning it’s a separate, high-speed network that sits on top of Bitcoin’s main blockchain. Here’s the cool part: it uses the same tech that makes Solana so fast, the Solana Virtual Machine (SVM).

This allows Bitcoin Hyper to process thousands of transactions per second, leaving Bitcoin’s main chain to handle the large, slow, and highly secure transactions.

The technology behind this is quite impressive. It utilizes a Canonical Bridge to enable you to transfer your Bitcoin to this fast new network. Below is a brief overview; for the full project details, please visit this link.

• Bridging Your $BTC: You send your Bitcoin to a special address, and it gets securely locked up on the main chain.
• Wrapped $BTC: An identical amount of ‘wrapped $BTC’ is created on the Bitcoin Hyper network. This is the version you use for all your fast transactions.
• Go, Go, Go: Now you’re in the fast lane. You can make super-fast payments, use dApps, and do all the cool crypto stuff you couldn’t do before, all with low fees.
• Security: All these fast transactions are grouped together and regularly sent back to the main Bitcoin blockchain, allowing Bitcoin Hyper to leverage all of Bitcoin’s security.
• Withdrawing: When you’re done, you can easily burn your wrapped $BTC and retrieve your original Bitcoin.

This transforms Bitcoin from a long-term investment into something you can use every single day. It could finally give Bitcoin the app ecosystem it’s been missing.

Liking the sound of Bitcoin Hyper ($HYPER) already? Allow us to help you through the buying process.

Investors Are All In

The financial world is clearly paying attention. $HYPER’s presale has been an enormous success, raising over $23.3M already.

This indicates that both big-time investors and everyday people recognize the significant potential. Serious money has also moved in, like a huge $28.2K whale buy on Saturday, further proving smart money is getting on board.

The early success is a massive signal of trust. As it’s still in presale, the recent market crash hasn’t impacted it, so investors can rest easy. The presale is designed to reward early adopters, with the token price increasing as more people join in. And with an incredible 50% staking reward, it’s a win-win for early supporters.

Our experts have reviewed $HYPER and predict it could soar to $0.32 by the end of the year. If that was the case, and you bought at today’s price, you’d be getting an ROI of 2341%.

$HYPER isn’t just another crypto buy. It’s a strategic move that could redefine Bitcoin’s future, unlocking its true potential and making it an active force in the digital economy.

Get your $HYPER now for $0.013105.

Please note that this is not intended as financial advice, and you should always conduct your own research before making any investment decisions.

Authored by Ben Wallis, Bitcoinist – https://bitcoinist.com/bitcoin-hyper-layer-2-raises-23-3m-as-buyers-lost-nothing-in-crash

Bitcoin, the flagship digital asset, took a big hit during the recent massive liquidation that tumbled the broader cryptocurrency market over the weekend. While the price of BTC dropped sharply, losing key support levels, its futures open interest also witnessed a notable bearish activity.

Unprecedented Shakeup In Bitcoin Derivatives Market

The crypto market is gradually recovering from the recent wave of liquidation, considered the largest one yet. During the massive liquidation, Bitcoin’s derivatives market has experienced one of its most dramatic shakeups in history.

In the X post, Glassnode, a financial and on-chain data analytics platform, revealed that its futures open interest saw the largest single-day wipeout on record. Within hours, billions of dollars in leveraged positions were liquidated, causing exchanges to tremble and traders to frantically reassess their positions.

Data from the on-chain platform shows that more than $11 billion in positions were cleared during the largest liquidation event in crypto history. The historic flush in futures open interest could be a turning point for institutional and retail players negotiating this new stage of market volatility.

According to the platform, the magnitude of this deleveraging indicates the speed at which excessive leverage can unravel in times of volatility. This massive wipeout has triggered a resurgence of debate over market leverage, volatility, and the wider effects for the current price trajectory of Bitcoin.

Spot Trading Volume On BTC And Altcoins

Despite the severity of the liquidation within the week, the market still points to bullish potential based on spot trading volumes on Bitcoin and altcoins. Darkfost, a market expert and author, stated that the intensity of the market movement on October 10th might have a positive effect in the medium term.

According to the on-chain expert, a huge number of futures positions, leveraged borrowing, and other margin-based bets were destroyed in this avalanche of liquidation. As a result, many investors lost part of their funds during this event. 

Darkfost highlighted that this is a stark reminder that any leveraged position carries risk, regardless of how small the leverage appears despite the seeming smallness of leverage. However, by bringing investors’ focus back to the spot market, this liquidation event may also have a positive impact on the market.

Presently, spot trading volumes on altcoins experienced a surge as liquidation rocked the market, reaching around $20 billion. Additionally, BTC spot volume doubled, validating the newfound interest in non-leverage trading. 

Looking ahead, Darkfost predicts a possible stronger preference for the spot market. Such development would aid the crypto market in building a more sustainable and resilient trend as opposed to leveraged positions that may be wiped out at any time.

At the time of writing, BTC’s price was trading at $115,165, demonstrating a more than 3% increase in the last 24 hours. Its trading volume has followed this gradual increase by rising nearly 5% in the past day.

Quick Facts:

• 1️⃣ Tether CEO Paolo Ardoino reaffirmed that Bitcoin and gold will outlast every fiat currency, echoing Tether’s strategy of holding both as reserve assets.
• 2️⃣ $BTC is up 23% YTD and gold 55.95%, while the U.S. dollar index has fallen nearly 9%.
• 3️⃣ Tether continues allocating up to 15% of profits into Bitcoin and expanding its tokenized gold ($XAUT) reserves.
• 4️⃣ Rising institutional trust in hard assets mirrors the growing demand for projects like $HYPER, $BEST, and $ASTER – built for security, scalability, and long-term value.

When the CEO of the world’s largest stablecoin issuer says ‘Bitcoin and gold will outlive any currency,’ people listen.

Paolo Ardoino’s post on X this weekend reflected a belief that has guided Tether’s balance sheet for over two years – hard assets succeed in the long run.

The company has gradually moved from solely holding cash and Treasurys toward a diversified reserve that now includes both $BTC and tokenized gold, $XAUT. In May 2023, Tether announced that it would allocate up to 15% of its net realized profits to Bitcoin, creating a separate surplus position from the tokens backing $USDT.

The move positioned Bitcoin as a ‘strategic reserve,’ echoing gold’s long-standing reputation as a hedge against inflation and financial instability.

Fast-forward to today, and that thesis is holding up pretty well. $BTC is up 23% year-to-date, gold ($XAUT) has surged 55.95%, and the US dollar index has slipped almost 9%.

Tether’s gold-backed token now represents over 7.66 tons of physical gold, and reports suggest the company might even invest directly in mining and refining operations. This is a clear bet that tokenized commodities are here to stay.

So, when Ardoino says that Bitcoin and gold will outlast every fiat currency, it reflects how Tether is positioning itself for a future where digital and physical scarcity prevail.

If even the largest stablecoin issuer is doubling down on real assets, investors are wondering – which cryptos today could outlast the hype and thrive in that same ‘store-of-value meets utility’ era?

1. Bitcoin Hyper ($HYPER) – The $BTC Amplifier Built for the Next Cycle

Tether’s Paolo Ardoino says $BTC will outlast every currency, and Bitcoin Hyper ($HYPER) is built on that same conviction.

It’s more than just another meme coin leveraging the Bitcoin name. It’s a comprehensive Layer-2 network built to scale the original chain using Solana Virtual Machine (SVM), transforming Bitcoin into a hub for payments, DeFi, and even meme coins.

Bitcoin Hyper follows Bitcoin’s scarcity model with a maximum supply of 21M. However, it incorporates smart DeFi features, such as staking and cross-chain yield. The project connects $BTC to its Layer-2 environments, where users can trade, stake, and deploy dApps swiftly with nearly zero fees.

Every transaction is secured with zero-knowledge proofs and settled back to Bitcoin’s main chain, meaning you get the same security but with 100 times the flexibility.

Discover how to buy Bitcoin Hyper in our step-by-step guide.

With over $23.4M already raised, a token price of $0.013105, and staking rewards of up to 50%, it’s capturing early-stage attention quickly. Our Bitcoin Hyper price prediction forecasts a possible price of $0.20 in 2026.

Join the $HYPER presale and position yourself alongside Bitcoin’s long-term believers.

2. Best Wallet Token ($BEST) – The Web3 Utility Token Redefining Self-Custody

If Tether’s reserve strategy focuses on holding value, Best Wallet’s mission is about controlling it. This next-generation self-custody crypto wallet aims to replace outdated options, such as MetaMask, with a more secure and user-first design experience.

Using Fireblocks’ MPC-CMP technology, Best Wallet safeguards your assets without ever revealing the private keys, establishing a new standard for self-custody.

And the Best Wallet Token ($BEST) is what powers the entire ecosystem.

The presale has already raised over $16.4 million, with tokens priced at $0.025785 and staking APYs reaching 80%. We expect the BEST price to reach $0.072 by the end of the year, according to our Best Wallet Token price projection.

Utility runs deep here. $BEST holders receive reduced transaction fees, early access to new presales, staking rewards, and governance rights. The upcoming Best Card will introduce real-world use, allowing you to spend crypto anywhere Mastercard is accepted while earning cashback in $BEST.

With over 57K followers on X and 50% monthly growth, Best Wallet is quickly emerging as a retail gateway to the Web3 economy.

Secure $BEST at the lowest price before it hits exchanges.

3. Aster ($ASTER) – The Perp DEX Powerhouse for On-Chain Traders

While $BTC and gold hedge against inflation, $ASTER has become the hedge against centralized exchanges.

Aster is a comprehensive trading platform offering both spot and perpetual markets for $ETH, $SOL, $BNB, and Arbitrum, designed for traders who require low latency and full transparency.

MEV-free execution guarantees fair fills, while Pro Mode offers advanced tools such as grid trading and hidden orders.

Sitting at $2.93B market cap with $1.91B in daily volume, Aster is now one of the most active decentralized perpetual platforms on-chain.

Aster allows you to use liquid-staking tokens like $asBNB and yield-bearing stablecoins like $USDF as collateral, unlocking capital that would otherwise sit idle. Backed by YZi Labs and CZ (the founder of Binance), Aster bridges the gap between CEX liquidity and DeFi autonomy.

Aster just completed its first $100M $ASTER token buyback, signaling long-term confidence. The token captures protocol fees and rewards high-volume traders, creating a self-sustaining incentive loop for liquidity.

Buy $ASTER on Binance today.

Tether’s renewed faith in hard assets highlights a clear shift in the cryptocurrency market. Projects such as $HYPER, $BEST, and $ASTER embody that resilience, combining real utility with long-term vision.

As always, this article is not financial advice. Please do your own research (DYOR) and never invest more than you can afford to lose.

Authored by Aidan Weeks, Bitcoinist — https://bitcoinist.com/these-next-1000x-cryptos-smart-bet-tether-ceo-praises-bitcoin

Michael Saylor, the executive chairman behind Strategy’s massive Bitcoin reserves, shared a short but powerful message on X: “Don’t Stop Believin’.” The post featured a dark Bitcoin chart titled “Bitcoin Price With Purchases” and drew millions of views within hours.

The phrase — a clear nod to the iconic 1980’s rock song “Don’t Stop Believin’” by Journey — carried a familiar message of perseverance, one that resonated deeply with Bitcoin supporters weathering market swings.

Bitcoin Holders Receive A Short Message

According to public records, Strategy (formerly MicroStrategy) holds roughly 640,031 BTC, with an average cost basis near $73,981 per coin. That stockpile is now worth tens of billions of dollars on paper, depending on the market price at any moment.

Reports have disclosed that the firm logged nearly $4 billion in fair-value appreciation of its bitcoin holdings in the most recent quarter.

Don’t Stop ₿elievin’ pic.twitter.com/LUMroqLSCl

— Michael Saylor (@saylor) October 12, 2025

Saylor’s note was brief, but the numbers behind it are large. Strategy’s BTC position and the gains tied to it make any public remark from Saylor read not just as commentary but as a signal that a major corporate holder remains committed.

Market Reaction And Sentiment

Markets reacted in small but visible ways after the post. Strategy’s shares moved higher in premarket trading around the same time other headlines noted rising pressure on crypto markets and heavy liquidations.

Some outlets reported that around $19 billion vanished in recent crypto liquidations during a sharp sell-off, a backdrop that likely made Saylor’s message feel like a morale boost to some traders.

A few analysts and commentators took the tweet as a reminder that Strategy still views bitcoin as core to its balance sheet. Others read it as plain encouragement to holders: stay steady during volatility.

Based on reports, the firm did not add to its holdings in the prior week, even as bitcoin’s price rallied, a fact that some investors found noteworthy.

What The Message Could Signal

Short messages from high-profile holders sometimes precede action, and at other times they are purely rhetorical. Reports have noted both possibilities after this post.

Some crypto outlets suggested the tweet might hint at future accumulation; others framed it as a morale nudge amid a volatile session. Public company disclosures remain the reliable record for any fresh purchases.

What Investors Should Keep In Mind

The post is a public expression of confidence, not a directive to buy. According to filings and press coverage, Strategy’s bitcoin holdings and recent fair-value gains make Saylor’s voice influential, but actual investment decisions should be based on documented trades, earnings releases, and one’s own research.

Featured image from Pexels, chart from TradingView

Quick Facts: 1️⃣ Big cryptos like $BNB, $DOGE, and $ETH bounced back fast after a major market crash. 2️⃣ The crash and quick recovery were tied to President Trump’s statements on China tariffs. 3️⃣ PepeNode is a new project that lets you virtually mine crypto and earn rewards without the expensive gear.

The crypto market soared to over $4T in value just days after a flash crash wiped out nearly half a trillion dollars.

The dramatic rebound was led by some of the biggest names in the game: $ETH, $BNB, and $DOGE, all of which shot up by around 10%.

The Friday crash was triggered by a surprise announcement from President Donald Trump, who imposed a new 100% tariff on China. This news sent shockwaves through the markets, causing Bitcoin to plummet below $103K.

Things then got even wilder when Binance had a glitch that briefly showed some altcoin prices at $0, and a synthetic dollar briefly lost its value on the exchange.

But the market started to turn around just as quickly as it fell. President Trump later said that the U.S. wants to help, not hurt, China, and that seemed to calm everyone down.

While prices haven’t fully bounced back to their previous highs for everyone, some, including $BNB, even edged higher than before the announcement.

One analyst noted that Bitcoin is retesting a ‘golden cross,’ a technical term that has historically triggered significant rallies.

As prices were falling, some major players saw an opportunity. BitMine Immersion Technologies bought over 128.7K $ETH worth a staggering $480M. Company chairman, Tom Lee, called the dip a ‘good buying opportunity.’

Bitcoin miners MARA Holdings and Strategy’s CEO Michael Saylor also jumped in, hinting that they bought the dip as well.

It just goes to show how unpredictable the crypto world is and how quickly things can change, but that savvy investors are always on the lookout for a chance to pounce and seize the next best opportunity.

While most of us don’t have millions, that doesn’t mean there aren’t still great opportunities that can yield significant returns in crypto. One such opportunity is PepeNode ($PEPENODE), which offers a new approach to mining. PepeNode ($PEPENODE): Hi-Ho-Hi-Ho It’s Mining Time Here We Go!

Welcome to PepeNode ($PEPENODE), the meme coin that’s both hype and substance. It’s a revolutionary ‘mime-to-earn’ project that’s changing the game.

$PEPENODE is a gamified platform built on the Ethereum network that lets you become a virtual crypto miner. You can buy and upgrade digital miner nodes in a simulated server room, earning rewards through a strategic, interactive game. No expensive hardware, no large electricity bills, and no technical expertise needed.

It’s crypto mining made fun and accessible for all. The more you upgrade your virtual mining rig, the more your simulated hash power grows, and the more rewards you accumulate.

What are you waiting for? Get in on the project that’s bringing its A-game and has already raised over $1.8M in its presale. Unlocking Massive Rewards and Scarcity

$PEPENODE isn’t just about fun; it’s designed to deliver real, long-term value. By participating, you can earn not only $PEPENODE tokens but also popular meme coins like $PEPE and $FARTCOIN as bonus rewards.

The project features a powerful deflationary mechanism: 70% of all tokens used for in-game upgrades are permanently burned, reducing the total supply and creating long-term scarcity.

This constant token-burning process is designed to boost the value of your holdings over time, and is what makes $PEPENODE one of the next crypto to explode.

Early adopters gain an advantage with tiered nodes that provide stronger mining capabilities and attractive staking rewards. With its community-first focus and dedication to fair access, including anti-bot measures, $PEPENODE is designed to stand out.

It’s a project that offers a new path to passive income and a vibrant, engaging ecosystem.

In our price prediction, we see it reaching an end-of-2025 high of $0.0023, which would give you a 109% ROI if you invested at today’s price.

Buy your $PEPENODE now for $0.0011005, and don’t forget to nab the 709% staking rewards as well.

Remember, this is not intended as financial advice, and you should always do your own research before making any investments.

Authored by Ben Wallis, Bitcoinist — https://bitcoinist.com/bnb-doge-eth-rebound-as-traders-think-pepenode-is-the-next-crypto-to-explode

A viral thread on X (1.1 million views) has put forward a forensic narrative for Friday’s crypto wipeout, arguing that what looked like a chaotic macro-driven capitulation was, in fact, a targeted exploitation of how Binance priced collateral inside its Unified Account. The author @ElonTrades frames the episode not as a stablecoin failure but as an exchange-side design flaw that was hit precisely when the broader market was already on edge.

Why Did The Crypto Market Really Crash?

According to @ElonTrades, the core of the setup was Binance’s decision to value certain collateral — notably USDe, wBETH and BNSOL — using its own spot-order-book data rather than external or redemption-based oracles. The thread claims Binance had already announced a change “on Oct 6 … to move to oracle-based pricing,” but with rollout until Oct 14, leaving what the author describes as an eight-day vulnerability window.

In that window, the alleged exploiters could move the venue’s internal marks by shifting prints in local order books, instantly shrinking users’ borrowing power and setting off margin calls.

The Oct 11 Crypto Crash — What Really Happened

TL;DR:

Roughly $60–90M of $USDe was dumped on Binance, along with $wBETH and $BNSOL, exploiting a pricing flaw that valued collateral using Binance’s own order-book data instead of external oracles.

That localized depeg triggered…

— ElonTrades (@ElonTrades) October 12, 2025

The thread’s centerpiece allegation is that “roughly $60–90M of $USDe was dumped on Binance, along with wBETH and BNSOL, exploiting a pricing flaw that valued collateral using Binance’s own order-book data instead of external oracles.” This localized pressure supposedly pushed USDe to “$0.65 on Binance only (still ~$1 elsewhere),” while wBETH “drops over 90%” and BNSOL “plunges to $0.13.” Because Unified Accounts marked collateral to these distressed venue prices, “this instantly wiped margin value and triggered $500M–$1B in forced liquidations,” which, by the author’s tally, then “cascaded into $19B+ globally.”

Timing is crucial to the theory. The thread places the inflection at 21:14 UTC, asserting that “assets used as collateral in Unified Accounts — USDe, wBETH, and BNSOL — all begin depegging or collapsing simultaneously.” It argues that if readers “zoom in on the minute chart of $SUI, $ATOM or any other altcoin … the depeg instantly slashed collateral values,” catalyzing a second wave of liquidations “not visible on price charts as a new drop, but visible as forced sells and failed accounts right at or after the bottom.” In the author’s phrasing: “You have to zoom in, this stuff happened in the blink of an eye.”

Overlaying that microstructure shock, the thread situates a macro accelerant: thr Truth Social post by US President Donad Trump “at 16:50 UTC” announcing “100% tariffs on Chinese goods.” The author says the market was already weakening — “~14:00 UTC … BTC starts selling off well before any news” — but that the tariff headline “accelerates the sell-off,” with “BTC … ~$124K → ~$113K, ETH … ~$3,600 → ~$3,050.” The key contention is causality around the evening leg: “The timing shows the collateral depegs and the altcoin collapse were one event, not separate — the depegs caused the cascade.”

Profit motive and preparation are central to the post’s allegation of coordination. The thread asserts that “fresh wallets on Hyperliquid opened $1.1B in BTC/ETH shorts, funded by $110M USDC from Arbitrum-linked sources,” hours before the crucial prints, and that as “BTC and ETH cratered,” those positions “netted $192M in profit before closing out at the bottom.” The phrasing is unequivocal: “Timing, precision, and funding paths all suggest coordination.” In the thread’s own summary: “A ~$90M dump on Binance and a $1.1B leveraged short elsewhere sparked a $19B bloodbath. Not a stablecoin failure, but a masterclass in exploiting flawed collateral valuation during peak macro stress.”

The author also claims post-mortem acknowledgement from the crypto exchange side, writing that “Binance admitted ‘platform-related issues,’ promised compensation for affected margin/futures/loan users, and rolled out minimum price floors + oracle integration,” and that the company later “identifies this as the window of ‘abnormal pricing’ and compensates affected users,” specifying a span of 21:36–22:16 UTC. In this telling, the venue’s own framing — “platform-related issues” and targeted remediation — is consistent with an exchange-localized malfunction that was then transmitted into the wider market via liquidation engines and cross-venue hedging.

Not everyone accepts the “coordinated exploit” thesis. Macro and crypto analyst Alex Krüger (@krugermacro) called it a “great analysis” but warned that it “assumes manipulation/attack, which may not be true.” His counterhypothesis is more prosaic: “The USDE dumping that triggered the liquidations cascade could have simply been a rational actor looking to derisk given the Trump headline, and unrelated from any prior shorting.” If this view holds, the chain of events would still pass through the same venue-specific pressure points and forced-selling mechanics, but without implying foreknowledge or cross-venue orchestration.

At press time, the total crypto market cap stood at $3.89 trillion.

Bitcoin Core version 30.0 is now available, marking the project’s first major release since v29 and closing the book on legacy branches 27.x and older, which are now designated “End of Life.” The maintainers’ release notes state plainly: “With the release of this new major version, versions 27.x and older are at ‘End of Life’ and will no longer receive updates.” The new binaries and full notes are live on the project site, with the team also posting a brief launch confirmation on X.

Bitcoin Core V30 Is Here

The most disputed change in v30 is a policy update around OP_RETURN—the script path used for provably unspendable outputs that can carry arbitrary data. Bitcoin Core has raised the default -datacarriersize limit to 100,000 bytes and now permits multiple data-carrier (OP_RETURN) outputs in a single transaction for relay and mining. Crucially, node operators can still restore the previous behavior: “It can be overridden with -datacarriersize=83 to revert to the limit enforced in previous versions.” The aggregate size limit applies across all OP_RETURN outputs in a transaction.

That default increase—functionally “uncapping” data carrier size because the transaction-size ceiling will be encountered first—has kicked off a broader argument about what kinds of activity Bitcoin’s policy layer should favor or discourage. Developers and node operators who back the change frame it as neutral plumbing that preserves operator choice; critics warn it invites more non-monetary inscriptions and potential spam, raising storage and validation burdens for the average node.

Beyond OP_RETURN, v30 delivers a long list of network, wallet, and tooling updates. The P2P layer improves package relay so that common topologies like grandparent-parent-child or multi-parent-one-child can propagate more reliably when only one ancestor needs fee bumping. The transaction orphanage introduces stronger DoS limits based on total entries and weight across peers, replacing the now-retired -maxorphantx knob.

Miners gain an experimental IPC mining interface accessible through a new umbrella bitcoin command that also provides convenience aliases—“bitcoin node,” “bitcoin gui,” and “bitcoin rpc”—without deprecating existing binaries. External signing on Windows is re-enabled, and the coinstats index has been reworked to avoid an overflow bug seen on default Signet, requiring a one-time resync of that index.

Fee-policy defaults also shift. The minimum block feerate setting (-blockmintxfee) now defaults to 0.001 sat/vB, while both the minimum relay and incremental relay feerates default to 0.1 sat/vB. The notes stress that unless these lower defaults are broadly adopted, propagation and confirmation are not guaranteed; wallet feerates themselves are unchanged without explicit configuration.

The OP_RETURN policy change has quickly spilled beyond developer channels into Bitcoin’s public discourse, with long-time contributors and publication editors lining up on both sides. While Bitcoin Core 30.0’s larger data-carrier default and allowance for multiple OP_RETURN outputs are viewed by proponents as policy neutral and adjustable at the node level; detractors see a vector for abuse that blurs the network’s monetary focus which could even spark a hard fork.

At press time, BTC traded at $114,455.

Quick Facts:

1⃣ Dogecoin rebounded strongly after Trump’s tariff announcement, holding above its key long-term support line.

2⃣ Grok’s Dogecoin price prediction projects a potential 500% upside, targeting around $1.30.

3⃣ Maxi Doge ($MAXI) is neatly positioned as the top meme coin to ride Dogecoin’s next rally.

Although Dogecoin plummeted nearly 60% on Friday after Donald Trump rocked crypto’s boat by announcing a new 100% tariff on China, the token was quick to snap back and regain much of the losses, closing the day down just 22%.

Most importantly, the daily candle closed above the upward-sloping trend line that has been supporting the token since August of last year. Most recently, this same support line sparked a 100% rally in June-July 2025.

Now that $DOGE has completed its support test this weekend, we decided to call in the big guns of AI to dig deep for this Dogecoin price prediction.

Grok’s Dogecoin Price Prediction Points to a Massive 500% Upside

For our analysis, we turned to Grok, one of the most powerful AI chatbots with real-time access to X, encompassing everything from real-time market updates to analyst remarks and online sentiment.

Grok zoomed out on the charts and pointed to a neat breakout from a descending triangle.

As you can see, $DOGE broke out of this consolidation zone in early September, and it was quick to retest the resistance line it had broken – precisely what we’d want to see after such a critical breakout.

While Friday’s dump shook things up a bit, the token is now once again challenging the upper resistance line of the triangle pattern.

As for a potential target, Grok measured the width of this triangle pattern and mapped it onto the expected breakout level of around $0.22.

This gives us a potential target of around $1.30 – a massive 500% upside from current price levels. That said, the AI cautioned that $DOGE will have to grapple with its all-time high of $0.79 on its way upward to this target.

Although Dogecoin’s 500% potential upside is nothing to sniff at, OG crypto investors know that’s just peanuts compared to what Dogecoin truly can – and has – delivered in the past.

• For instance, in 2017, when the token first rose to fame, it skyrocketed by an eye-popping 10,000% in just over a month.
• Then, in 2021, it backed that performance by delivering another 30,000% rally in a similarly short span of time.

Here’s the kicker now: although Dogecoin’s maturity over the years has slashed the percentage gains on offer, it’s still the meme coin king. This means a Dogecoin rally could very well ignite a broader meme coin boom.

And Maxi Doge ($MAXI) is arguably the best crypto to buy now if you want to fully capitalize on Dogecoin’s momentum. ‎

Maxi Doge Vies for Top Dog Status

What is Maxi Doge, you ask? Well, don’t mistake it for another overly ambitious new cryptocurrency project trying to associate itself with Dogecoin in hopes of outsized returns.

Dogecoin’s distant cousin, Maxi Doge, is a breed apart.

While Dogecoin hogged the limelight at every family gathering, Maxi sulked in a corner and dreamed up his revenge.

He then took to the gym and channeled that envy to become the ultimate Doge nemesis — and now stands as a potential 1000x crypto opportunity for savvy investors.

$MAXI’s Master Plan Is to Go Viral

Of course, Maxi Doge’s mission to overthrow Dogecoin as the best meme coin on the planet is an uphill task.

But Maxi has already taken the first steps toward this ambitious goal by crafting the perfect tokenomics. The developers have reserved a massive 40% of the total token supply for marketing.

This allocation will fund high-ticket influencer collaborations, social media campaigns, and PR initiatives designed to promote $MAXI across the cryptocurrency landscape, enhancing both its visibility and hype.

Additionally, $MAXI aims to create a thriving community. To achieve this, it’s offering exclusive holder-only trading events that will take place weekly, along with leaderboard rewards to engage and reward loyal investors.

What’s more, the token doesn’t want to limit itself to CEX and DEX listings.

It also plans to launch on futures platforms, further increasing its usability, particularly among meme coin traders who will be able to use $MAXI for high-leverage trading.

Why You Shouldn’t Delay Your $MAXI Purchase

Maxi Doge ($MAXI) is currently in presale, having already raised over $3.56M from early investors. Today, 1 $MAXI is available for just $0.0002625.

Most importantly, institutional players are backing Maxi Doge to become the next crypto to explode.

For instance, just this Saturday, two whales scooped up a total of $627K worth of $MAXI ($314K & $313K), so there’s no shortage of investor confidence in the project.

Need help with the purchase process? Here’s our step-by-step guide on how to buy $MAXI.

According to our Maxi Doge price prediction, the token could soar to $0.0024 by the end of 2025, delivering a chunky 814% return.

Furthermore, if you exercise a little patience and hold on to Maxi Doge longer, it could generate over 2,100% ROI by the end of 2026, with the token projected to hit $0.0058.

These life-changing gains could be yours only if you grab your $MAXI tokens now – while it’s still in presale and available at some of its lowest-ever prices.

Back the new ‘Doge’ on the blockchain – buy $MAXI today.

Disclaimer: Kindly do your own research before investing in crypto. The market is highly unpredictable, and the above information is not financial advice.

Authored by Krishi Chowdhary, Bitcoinist – https://bitcoinist.com/grok-dogecoin-price-prediction-after-market-crash-as-maxi-doge-raises-3.5m