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Did Binance Break USDe? Ethena Says It Was Never a Depeg

Did Binance Break USDe? Ethena Says It Was Never a Depeg

  • Ethena says USDe never depegged, blaming Binance’s internal oracle error for $1 billion redemptions that rippled through crypto markets.
  • Binance’s unified collateral system amplified forced sales, while DeFi markets held firm by relying on fixed-pegged on-chain liquidity.
  • Ethena unveiled new oracle and proof-of-reserve reforms, pushing transparency as analysts warn of systemic CeFi-DeFi fragility.
1 hour ago
Bitget’s Q3 Transparency Report Highlights How UEX Vision Takes Shape Across Exchange, Wallet, and Onchain Ecosystem

Bitget’s Q3 Transparency Report Highlights How UEX Vision Takes Shape Across Exchange, Wallet, and Onchain Ecosystem

Victoria, Seychelles, Oct. 10, 2025: Bitget, the world’s largest Universal Exchange (UEX), has released its Q3 2025 Transparency Report, highlighting a quarter defined by innovation, user growth, and stronger financial transparency. Marking its seventh anniversary, Bitget introduced UEX, a next-generation trading model that unifies spot, futures, staking, payments, and onchain access into one seamless experience. The

1 day ago
Tether and Circle Inject Billions After Weekend Market Crash – Here’s Why

Tether and Circle Inject Billions After Weekend Market Crash – Here’s Why

  • Tether and Circle minted over $1.75 billion in stablecoins after Trump's tariff announcement on China triggered a market crash.
  • On October 11, Tether minted $1 billion in fresh USDT tokens on Ethereum, while Circle issued $750 million in USDC on Solana.
  • Market analysts view the move as traders reallocating capital into stablecoins to buy the top digital assets at discounted prices.
1 hour ago
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Bitget Launches Early Hunter Airdrop Featuring 币安人生 (BinanceLife) and PALU

Bitget Launches Early Hunter Airdrop Featuring 币安人生 (BinanceLife) and PALU

Victoria, Seychelles, Oct. 10, 2025: Bitget, the world’s largest Universal Exchange (UEX), today announced the launch of Early Hunter Airdrop – Phase 4. It is rewarding users who traded 币安人生 (BinanceLife) and PALU ahead of their wider market debut. Early Hunter is Bitget’s exclusive airdrop program, rewarding early participants of high-quality assets. Initially introduced for

2 days ago
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2 days ago
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Will Zcash Price Continue To Rally Or Fall Flat After Its 4-Year High?

Will Zcash Price Continue To Rally Or Fall Flat After Its 4-Year High?

  • ZEC is up 74% weekly, staying resilient while most altcoins fell during the crypto crash.
  • Both retail and institutional buying continue, with MFI above 95 and CMF near 0.25.
  • The rally could extend to $331 and beyond if support at $251 holds, but overleveraged longs may trigger volatility.
7 hours ago
Whales and Retail Back Cardano (ADA) Price Rebound Despite Bearish Signals

Whales and Retail Back Cardano (ADA) Price Rebound Despite Bearish Signals

  • Wallets holding 10 Million–100 Million ADA increased their supply from 13.06 Billion to 13.20B Billion adding about 140 Million ADA ($89.6 Million) despite the market crash.
  • The Money Flow Index formed a higher low, showing capital inflows even as prices fell — retail traders are buying alongside whales.
  • The Smart Money Index, lack of RSI divergence, and a descending triangle pattern still suggest that Cardano price rebound remains fragile unless buyers sustain higher closes.
1 day ago
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What Crypto Whales Are Buying After Trump’s 100% China Tariffs Crashed The Market

What Crypto Whales Are Buying After Trump’s 100% China Tariffs Crashed The Market

  • Whale wallets boosted holdings by 22.45%, adding roughly 0.76 million LINK ($13.7 million). LINK trades near $17.70, eyeing $21.3–$27.9 if breakout continues.
  • Large wallets added about 0.66 million UNI ($4 million) as the price held an ascending triangle pattern. A breakout above $6.7 could target $8–$9.6 next.
  • Mega whales bought 0.82 billion DOGE ($156 million) during the selloff. With CMF above zero and fading bearish pressure, DOGE could revisit $0.26–$0.30 soon.
1 day ago
BTCC Exchange Achieves Major 10M User Milestone with $1.15T Q3 Trading Volume as Platform Accelerates Global Growth

BTCC Exchange Achieves Major 10M User Milestone with $1.15T Q3 Trading Volume as Platform Accelerates Global Growth

VILNIUS, Lithuania, Oct. 9, 2025: BTCC, the world’s longest-serving cryptocurrency exchange, today announced it has surpassed 10.16 million registered users globally and achieved a record $1.15 trillion in trading volume during Q3 2025. These figures mark significant growth milestones for the platform. The exchange’s Q3 performance represents substantial growth, with trading volume up 20% compared

2 days ago
XRP Rally Started 1 Year Ago – And Traders Lost $700 Million In a Flash

XRP Rally Started 1 Year Ago – And Traders Lost $700 Million In a Flash

  • XRP fell to a six-month low of under $2 after a market-wide sell-off wiped out nearly $20 billion across the crypto market.
  • Over $600 million in XRP long positions were liquidated as leveraged traders were caught off guard by the sudden drop.
  • XRP's staggering price decline followed President Trump’s new China tariffs and ongoing profit-taking by early investors.
1 day ago