Binance’s pricing glitch and a new chapter in Trump’s trade war turned a market sell-off into the largest crypto liquidation on record. A combination of factors converged into a perfect storm on Friday, triggering the cryptocurrency industry’s largest liquidation event in history and briefly sending Bitcoin (BTC) below $110,000. The $19 billion in liquidations doesn’t mean investors lost that sum of money, but rather that leveraged positions were forcibly closed. The unrealized loss can be better observed through the drop in market capitalization, which shows a $450-billion wipeout. From Friday to Sunday, the total cryptocurrency market capitalization fell from $4.24 trillion to $3.79 trillion. At the time of writing, the market has already rebounded above $4 trillion. Read more
The XRP price recovery came after the most severe market crash, suggesting aggressive buying on the dips in anticipation of further price gains. Key takeaways: XRP rebounded 66% from $2.58 lows, adding $75 billion to its market cap amid a 35% volume surge and strong long positions. Oversold weekly Stoch RSI signals a potential bullish reversal. Read more
Solana DEXs dominate volume through memecoins but lack liquidity depth for sustainable growth. Bitcoin and stablecoins offer resilience beyond speculation. Opinion by: Lynn Nguyen, CEO of Saros Decentralized exchanges (DEXs) on Solana have been topping trading volume charts for a while now, outperforming those on peer chains like Ethereum, Base and BSC. Memecoins have been largely responsible for this surge in volume. While they have proven product-market fit in crypto, only a handful have demonstrated the ability to survive across market cycles. Read more
BNB reached a record high of $1,370, despite Binance facing criticism and market chaos after $19 billion in crypto liquidations wiped out traders over the weekend. Binance’s ecosystem token BNB reached a new all-time high on Monday, outperforming the wider cryptocurrency market, which is still recovering from $19 billion in liquidations over the weekend. The BNB (BNB) token rose to a new all-time high of $1,370 on Monday, according to CoinMarketCap data, rebounding strongly after a weekend crash that triggered the forced liquidations across exchanges. The rally came despite heavy criticism from Binance users who blamed the exchange for contributing to the market chaos after technical glitches left traders unable to exit positions. Read more
The Winklevoss twins’ bold $1-million-Bitcoin forecast has excited crypto investors and global markets, reinforcing Bitcoin’s status as gold 2.0. Bitcoin rose from $1 in 2011 to $1,000 in 2013, cementing itself as a global asset. Cameron and Tyler Winklevoss bought Bitcoin early and founded Gemini in 2014 with a strong, compliance-first approach. The Winklevoss twins call Bitcoin “gold 2.0,” highlighting its fixed supply, portability and resistance to inflation as key advantages over traditional gold. Read more
Industry leaders are convinced that Bitcoin and the cryptocurrency ecosystem are set to take over financial infrastructure and swallow trillions of dollars of assets. Bitcoin all-time highs. Digital asset treasuries. Billions of dollars of institutional inflows. 2025 has been a breakout year for the cryptocurrency space, and this momentum may continue into 2026. The industry’s brightest minds painted an optimistic outlook for the remainder of the year at Cointelegraph’s exclusive LONGITUDE event during Token2049 in Singapore. Maelstrom chief investment officer Arthur Hayes, Ethereum co-founder Joseph Lubin, acclaimed author Neal Stephenson and Aave Labs founder Stani Kulechov headlined a program that delved into the major narratives dominating 2025. Read more
Michael Saylor’s Strategy Inc. announced its first Bitcoin purchase in October after opting not to buy more BTC the previous week. Michael Saylor’s Strategy, the world’s largest public holder of Bitcoin, expanded its BTC holdings last week as the cryptocurrency surged to new all-time highs. Strategy acquired 220 Bitcoin (BTC) for $27.2 million in its latest purchase, Saylor announced in an X post on Monday, as the related filing had yet to appear on the US Securities and Exchange Commission website. The purchase was made at an average price of $123,561 per coin as Bitcoin reached an all-time high above $126,200 on Oct. 6 before dipping to $107,000 in Friday’s flash crash, according to data from Coinbase. Read more
Zcash price technicals hint at a potential 25% breakout toward $336 in October, despite long-term correction fears and an already significant rally for ZEC. Key takeaways: Zcash’s parabolic 520% surge has pushed it to record overbought levels. ZEC price must hold above $245 for the next leg up toward $336. Read more
Hyperliquid CEO Jeff Yan and data platform CoinGlass warned that the liquidation reporting method used by centralized exchanges, such as Binance, may undercount actual liquidations. Hyperliquid co-founder and CEO Jeff Yan claimed that the way centralized crypto exchanges, and Binance specifically, report liquidation data likely underrepresents the true scale of losses during major market sell-offs. Bitcoin (BTC) fell to $102,000 on Friday after US President Donald Trump announced sweeping tariffs on China. Ether (ETH) also dropped to $3,500, while Solana (SOL) slipped below $140 amid a marketwide sell-off. According to data from CoinGlass, $16.7 billion worth of long positions and $2.46 billion in short positions were liquidated on Friday, marking the largest liquidation event in crypto history. Read more