Bitcoin dipped to $112,000 to start the week, and crypto traders suffered $1 billion of liquidations in a bearish new record for 2025. Read More at https://cointelegraph.com/news/biggest-liquidation-of-2025-5-things-bitcoin-this-week?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Author Archives: pdgweb
Maelstrom warns HYPE token facing pressure with $11.9B unlocks ahead
Hyperliquid’s HYPE token faces a monthly supply overhang of $410 million due to its vesting schedule, warned Arthur Hayes’ Maelstrom Fund. Read More at https://cointelegraph.com/news/maelstrom-warns-hype-token-pressure-11-9b-unlocks?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
OKX built a perps DEX but held off due to regulatory concerns
OKX founder and CEO Star Xu cited the CFTC enforcement action against Deridex in September 2023 as a concern, but didn’t specify if it was why OKX paused its launch. Read More at https://cointelegraph.com/news/okx-delays-onchain-perps-launch-over-regulatory-concerns?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
‘Uptober’ rally questioned as crypto markets turn red 9 days out
Bitcoin dropped to 12-day lows on Monday despite analysts hyping ‘Uptober’ rally potential, though not all are confident that next month will be up only. Read More at https://cointelegraph.com/news/crypto-analysts-question-uptober-as-markets-dip-80b?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Coins for classrooms: CZ raises $1.3M in donations for Giggle Academy
The lion’s share of donations has come from trading fees for a newly launched memecoin called $GIGGLE, launched by an X user known as RUNE. Read More at https://cointelegraph.com/news/cz-s-giggle-academy-raises-over-million-hours-after-opening-donations?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Arthur Hayes says he sold all his HYPE… to buy a Ferrari
BitMEX co-founder Arthur Hayes sold his entire HYPE stash, netting over $800,000 in profit. The move comes just weeks after his wildly bullish 126x prediction. Read More at https://cointelegraph.com/news/arthur-hayes-sold-all-hype-ferrari-testarossa?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Ronin Treasury to start buying back millions of RON starting next week
The Ronin Treasury will begin a $4.6 million RON buyback starting on Sept. 29, which is expected to reduce the circulating supply of RON by 1.3%. Read More at https://cointelegraph.com/news/ronin-buying-back-millions-ron-starting-next-week?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Crypto.com says report of undisclosed user data leak ‘unfounded’
Crypto.com CEO Kris Marszalek says the exchange had disclosed a 2023 security breach to regulators, and accusations suggesting otherwise were “misinformation.” Read More at https://cointelegraph.com/news/crypto-com-report-undisclosed-user-data-leak-unfounded?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Toyota, Yamaha, BYD accept Tether in Bolivia as USD reserves shrink
Tether is now being accepted for payments at Toyota, Yamaha and BYD in Bolivia as businesses increasingly turn to stablecoins to navigate the country’s US dollar shortage. Read More at https://cointelegraph.com/news/toyota-and-yamaha-accept-usdt-bolivia-as-usd-reserves-fall?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Jimmy Song slams Bitcoin Core devs for 'fiat' mentality on OP_Return
Song accused BTC Core developers of defecting and failing to address widespread community concerns about non-monetary data on the ledger. Read More at https://cointelegraph.com/news/jimmy-song-slams-bitcoin-core-fiat-mentality-op-return?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound