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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…

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…

Tornado Cash developers continue to raise money for their ongoing legal defence.Crypto company Keyring will donate three months of fees generated by a new DeFi product.A team within the Ethereum Foundation is eyeing the program as a proof-of-concept for future fundraising efforts.A new effort to fund the defence of Tornado Cash developers Roman Storm and Alexey Pertsev will serve as a “proof-of-concept” for a team within the Ethereum Foundation focusing on raising money for so-called public goods. If the effort succeeds in raising money for the embattled developers, it could become a model for future, crypto-based efforts to fund worthwhile…

The Bitcoin, Ethereum, and Dogecoin prices are crashing today, sparking bearish sentiment in the crypto market. This followed the U.S. President Donald Trump’s move, which has ignited fears of a full-blown trade war with China.  Why The Bitcoin, Ethereum, and Dogecoin Prices Are Crashing The Bitcoin, Ethereum, and Dogecoin prices are down today, according to CoinMarketCap data. The flagship crypto has dropped to as low as $104,000 over the last 24 hours, wiping out its early October gains that led to a new all-time high (ATH) above $126,000. Ethereum dropped to as low as $3,400, while Dogecoin broke below the…

A sudden flash crash rattled crypto markets on Oct. 10, erasing billions in leveraged positions as Bitcoin, Ethereum, and other major tokens plunged before staging partial recoveries.Bitcoin fell more than 10% at its lowest point, slipping to $101,500 before rebounding to trade near $112,500 as of press time.Ethereum similarly dropped over 10% intraday before stabilizing above $3,800. Major altcoins suffered significantly steeper losses, including Solana and Dogecoin, which fell more than 30% and 50%, respectively.While Solana continues to trade below its key $200 threshold, DOGE experienced a rapid recovery and was trading above the $0.18 support level as of press…

Network Switches Market USA, New Jersey: Verified Market Research reports that the Network Switches Market size was valued at USD 30.31 Billion in 2022 and is projected to reach USD 47.38 Billion by 2030, growing at a CAGR of 5.6% from 2023 to 2030. This steady growth is driven by increasing environmental regulations, rising awareness of pollution control, and expanding applications in industries such as manufacturing, energy, and healthcare.Market Opportunities, Trends, and Pricing Analysis: Network Switches (2025-2033)Opportunities & Market SizingThe network switches sector is positioned for substantial volume and value expansion through 2033, driven by surging data center capacity, edge…

This is an analysis post by CoinDesk analyst and Chartered Market Technician Omkar Godbole.Bitcoin BTC$112,269.54 bounced back to around $121,500 after dipping below $120,000 late Thursday. Further gains may be difficult to achieve or could prove short-lived for two reasons.First, momentum indicators on short-term charts have turned bearish. On the hourly chart, the 50-, 100-, and 200-candle simple moving averages (SMAs) have aligned bearishly, now stacked one below the other – a classic bearish configuration. Additionally, the pattern of consecutive lower highs points to weakening buying pressure.BTC’s hourly candlestick chart. (TradingView) Second, key ETFs are signaling a risk-off sentiment. The…

The findings point to a clear shift: institutional investors are no longer just testing blockchain—they’re building strategies around it. According to the report, based on a global survey of senior executives across asset management and asset ownership, digital assets and tokenization have moved from the “what if” stage to the “what’s next” stage. “Institutional investors are moving beyond experimentation,” said Joerg Ambrosius, president of Investment Services at State Street. “Digital assets are now a strategic lever for growth, efficiency, and innovation.” Tokenization Takes Center Stage One of the biggest takeaways from the report is the rapid rise of tokenization—the process…

The new stablecoin from the STBL protocol fell below its $1 peg shortly after going live, highlighting challenges for liquidity. USST, a new stablecoin launched on Friday, Oct. 10 by stablecoin platform STBL, co-founded by one of Tether’s founders, slipped below its $1 peg to as low as $0.96 within hours of debuting on Curve, sparking concerns over confidence in the project.At the time of writing, USST is trading at around $0.9776, down 1.5% in 24 hours with a market cap of roughly $967,000 and just 52 holders, according to data from GeckoTerminal. USST/USD price. Source: GeckoTerminalThe Curve pool showed…