Author: WebDesk

A sharp reversal has swept across the digital asset sector, turning recent record highs into a wave of rapid sell-offs. A forceful unwind in the derivatives arena sent futures contracts tumbling and triggered forced liquidations, erasing billions of dollars in market value. Within hours, every one of the top 50 coins slid into double-digit losses, erasing weeks of steady gains and abruptly ending the latest rally.Trading desks are now facing heavy order backlogs as automated systems struggle to keep pace with the surge in stop-loss executions. Major exchanges reported brief outages, while liquidity thinned and bid-ask spreads widened across the…

The cryptocurrency market is facing one of its most significant corrections in recent times. Bitcoin (BTC) falling to the $111,000 price level has led to a substantial dip in investor sentiment. Pi Coin (Pi Network/PI) also follows the current market downtrend. CoinGecko data highlights that PI has fallen 5.3% in the last 24 hours, 24.5% in the last week, 21.3% in the 14-day charts, and 20.2% over the previous month. PI’s price seems to be holding steady at the $0.27 price point and has some support at this level. Let’s discuss if Pi Coin will experience a reversal over the…

Join Our Telegram channel to stay up to date on breaking news coverage Hyperliquid is under siege, facing what trader James Wynn calls a “slow and painful death” as rival perpetuals DEX Aster gains ground, backed by Binance founder Changpeng Zhao, aka CZ. Wynn, a crypto trader with almost 414k followers on X, says Aster is a “better product” and adds that CZ “will not stop until $ASTER is #1.” “He loves competition, he loves building, and he is obsessed with winning,” Wynn said. “Hype will exist, but it will have a slow and painful death in my opinion.”. Furthermore,…

Join Our Telegram channel to stay up to date on breaking news coverage Naver Financial, the fintech arm of South Korean tech giant Naver, is preparing to acquire Dunamu, the operator of the country’s largest crypto exchange, Upbit. The deal will be carried out via a share exchange, with board approvals expected soon. Naver, often called the “Google of South Korea,” is already a leader in search, payments, and digital services, and the acquisition would mark a significant step into crypto and digital finance. BREAKING🚨 S. KOREA’S GOOGLE EYES CRYPTO Naver, South Korea’s top search engine, plans to acquire Upbit, the…

Join Our Telegram channel to stay up to date on breaking news coverage Pudgy Penguins, the digital asset incubation studio behind the globally acknowledged Pudgy Penguins non-fungible token collection, has partnered with Kindred, an artificial intelligence project, to bring its Intellectual Property (IP) to life as intelligent digital companions. In this article, we shall discuss more about what non-fungible token users should expect from the integration. Pudgy Penguins x Kindred NFT Integration In a September 23 blog post, Kindred Labs has partnered with Pudgy Penguins to bring to create iconic intellectual property characters. Kindred Labs is a company that uses…

Caroline Bishop Sep 25, 2025 11:36 EIGEN price drops to $1.69 amid bearish momentum, but technical indicators suggest potential reversal as EigenLayer tests key pivot point support levels. Quick Take • EIGEN currently trading at $1.69 (-7.96% in 24h) • EigenLayer’s RSI remains neutral at 54.53, suggesting consolidation phase • No significant catalyst driving today’s decline, likely profit-taking after recent gains What’s Driving EigenLayer Price Today? The EIGEN price decline appears to be driven primarily by broader market dynamics rather than specific fundamental catalysts. With no significant news events reported in the past…

Zach Anderson Sep 25, 2025 11:30 ETHFI trades at $1.56 with bullish technical indicators emerging. Strong momentum signals suggest potential recovery from recent pullback in the liquid staking token. Quick Take • ETHFI currently trading at $1.56 (-3.35% in 24h) • Ether.Fi’s RSI at 59.37 indicates neutral momentum with room for upside • Strong bullish trend remains intact despite short-term consolidation • ETHFI trading volume reaches $60.17M on Binance spot market What’s Driving Ether.Fi Price Today? With no significant news events in the past week, the ETHFI price movement appears driven primarily by…

Join Our Telegram channel to stay up to date on breaking news coverage The XRP price tumbled 2% in the past 24 hours to trade at $2.831 as of 4:53 a.m. EST even as trading volume surged 25% to $6.49 billion. This comes even as the US SEC approved the Hashdex Nasdaq crypto US exchange-traded fund (ETF), which will hold XRP alongside Bitcoin, Ethereum and others leading cryptos. Here we go… Hashdex Nasdaq Crypto Index US ETF *approved* under SEC’s new generic listing standards. Will now be able to own crypto assets beyond btc & eth. Looks like xrp, sol,…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Data shows Bitcoin spot exchange-traded funds (ETFs) have seen netflows flip red, implying a slowdown in demand among institutions. Bitcoin Spot ETFs Have Switched To Net Outflows Recently In a new post on X, on-chain analytics firm Glassnode has discussed about the latest trend in the netflow of the US Bitcoin spot ETFs. The spot ETFs refer to investment vehicles that allow investors to gain exposure to an underlying asset without having to own it. In the context of cryptocurrencies, the spot ETFs allow for an off-chain…

Join Our Telegram channel to stay up to date on breaking news coverage Nine European banks, including ING and UniCredit, plan to launch a euro stablecoin in a move that may challenge the dominance of Tether and Circle. The new stablecoin will comply with the EU’s Markets in Crypto-Assets Regulation (MiCAR), which came into effect in June last year and has encouraged traditional banks to enter a space dominated by crypto companies. The banks behind the venture also include Banca Sella, KBC, Danske Bank, DekaBank, SEB, CaixaBank, and Raiffeisen Bank International. BREAKING: 🇪🇺 NINE MAJOR EUROPEAN BANKS TO LAUNCH A…