Pseudonymous high-leverage crypto trader James Wynn has gained widespread notoriety for his volatile fortune, repeatedly making and losing hundreds of millions through leveraged bets on crypto perpetual futures markets. Market chaos appears to have struck him again as Wynn’s fresh PEPE bet collapses within hours, extending a brutal streak of crypto liquidations. Risky PEPE Bet […]
Hyperliquid is leading the token buyback in 2025, according to CoinGecko. The platform has allocated over $644.64 million in revenue to repurchase its HYPE tokens through its Assistance Fund, which represents 46% of all token buyback spending this year. In fact, Hyperliquid’s buyback efforts are equivalent to the combined spending of the next nine largest […]
It was another bloody Friday in the cryptocurrency markets, as bitcoin dumped to a multi-month low (on most exchanges) at under $104,000. The altcoins were smashed even harder, with massive price declines from the likes of ETH, BNB, XRP, SOL, DOGE, and many others. BTC Calms at $107K The overall market-wide calamity began last Friday […]
Ripple (XRP) suffered a 6% decline over the past day, and traders are now questioning whether the worst is over or if one more leg down is still on the cards. Data suggest that this pause aligns with the classic Elliott Wave Theory (EWT) pattern, where extreme moves are often followed by a Wave 4 […]
PI’s price continues to sink, but the project behind the token remains in the spotlight with a series of notable developments. Here’s a breakdown of everything new you should know. The Latest Endeavors As CryptoPotato reported, Pi Network’s team unveiled new updates to the Pi App Studio “to make app creation more accessible and customizable, […]
Dogecoin is trading around $0.18 after dropping more than 29% over the past week. The asset is down by 9% in the past day alone. Despite the decline, some analysts point to long-term price patterns that may repeat. If the structure follows past cycles, a sharp move higher could follow. Dogecoin Follows Repeating Market Cycles […]
Binance co-founder Changpeng Zhao (CZ) has pushed back against Peter Schiff’s latest prediction for Bitcoin. This is after the economist’s recent warning of a “brutal” bear market looming over the digital asset. Critic Mocks BTC’s Fall Schiff, a well-known Bitcoin critic, said via X that the cryptocurrency’s 32% decline since August against gold shows that […]
Around 44,000 Bitcoin options contracts will expire on Friday, Oct. 17, and they have a notional value of roughly $4.8 billion. This expiry event is a little larger than last week’s, but there is unlikely to be any impact on spot markets, which have been mostly in decline this week. The US government remains in […]
Bitcoin suffered a fresh decline of 2% over the past 24 hours, falling below $111,000 on Friday. The ongoing market decline is being primarily driven by Binance-led selling pressure, said CryptoQuant. The company’s analysts, however, believe this represents a short-term correction rather than the end of the broader bull cycle. Bears Dominate in Short-Term Three […]
OKX has announced the expansion of its partnership with Standard Chartered Bank into the European Economic Area (EEA), as it extended a collaboration that first began in the United Arab Emirates earlier this year. The move introduces OKX’s collateral mirroring programme to institutional clients across Europe, which allows users to hold their assets securely with […]