Author: Crypto Editor
Ethena’s artificial greenback, USDe, shed over $2 billion in market capitalization after briefly dropping its greenback peg on Binance. The flash occasion uncovered structural dangers in crypto’s stablecoin plumbing.Based on CryptoSlate information, USDe’s market worth dropped from $14.8 billion on Oct. 10 to $12.6 billion by Oct. 12.The decline coincided with a Binance pricing glitch that additionally affected wrapped belongings like wBETH and BNSOL, briefly breaking their hyperlinks to underlying tokens.At one level, USDe fell to $0.65 earlier than recovering to parity. Binance later stated it had reimbursed customers over $283 million for losses associated to the incident.Ethena USDe Depeg…
James Ding Oct 13, 2025 19:49 In Q3 2025, fallen angels bonds outperformed the broader excessive yield market, supported by robust safety choice and new entrants like Huntsman Worldwide. Within the third quarter of 2025, fallen angels bonds have demonstrated exceptional efficiency, outpacing the broader excessive yield market. The success of those bonds was attributed to their longer period and strong safety choice, based on VanEck. New Entrants Bolster the Index The Fallen Angels Index noticed the addition of 4 new entrants throughout this era, together with notable names reminiscent of Huntsman Worldwide and WarnerMedia. These additions have contributed considerably…
Trusted Editorial content material, reviewed by main business consultants and seasoned editors. Advert Disclosure Bittensor (TAO) ripped as a lot as 33% after Grayscale filed a Type 10 with the U.S. Securities and Alternate Fee for the Grayscale Bittensor Belief. If the submitting turns into efficient, the belief would start reporting like a public firm (10-Ok/10-Q with audited financials), shorten non-public placement lockups from 12 to six months, and pave the best way for OTC citation, the identical playbook Grayscale used to scale entry to BTC and ETH. For TAO, the timing is essential: it sits on the crossroads of…
In short California’s SB 822 explicitly contains digital monetary property underneath the state’s Unclaimed Property Regulation, treating them like financial institution accounts and securities. The invoice preserves unclaimed digital property of their native kind, stopping compelled liquidation that may have created taxable occasions for customers with out their consent. Account holders can reclaim their unique digital property, or web proceeds if already transformed, after submitting a legitimate declare with the State Controller. California Governor Gavin Newsom has signed laws making his the primary state to explicitly defend unclaimed crypto from compelled liquidation, making certain digital property stay of their unique…
Malicious actors focused Monad’s official Telegram channel with ads that mimic the venture’s forthcoming declare portal. In a put up on X, Monad co-founder Keone Hon warned customers to not click on advertisements on their official channel. He mentioned attackers have purchased Telegram advertisements that appeared contained in the venture’s official announcement channel, an area in any other case reserved solely for Monad’s personal updates. “Loopy that Telegram will push content material immediately right into a channel that in any other case solely comprises content material from one get together,” Hon mentioned. The assault got here forward of a much-anticipated Monad airdrop, which…
Bitcoin fell beneath $112,000 throughout buying and selling Tuesday afternoon Hong Kong time as China’s retaliatory commerce measures despatched a recent wave of risk-off sentiment throughout international markets.Bloomberg reported earlier Tuesday that China sanctioned U.S. models of South Korean shipbuilder Hanwha Ocean in a transfer that reignited fears that the commerce battle with Washington might spiral, simply days after either side signaled restraint.Shares in Asia tumbled, fairness futures within the U.S. and Europe adopted, and crypto merchants had been once more compelled to de-risk after a short weekend bounce.Contracts tied to the S&P 500 dropped 0.7%, Nasdaq 100 futures misplaced…
Bitcoin’s rise above $125,500 has had an influence on your entire crypto market. However whereas Bitcoin has been the main focus of consideration, many merchants are actually shifting their gaze in direction of altcoins. As Bitcoin begins to decelerate, these smaller cash are receiving extra consideration (and worth). The shift could be a game-changer for altcoins, paving the best way for brand spanking new beneficial properties and use instances within the crypto area. Altcoins Could Exchange Bitcoin as It Slows Down The Bitcoin rally might fade, giving room for altcoin progress. Ethereum, Solana, and Cardano cash normally improve as merchants…
SNX, the native token of the Ethereum-based decentralized perpetual futures protocol Synthetix, has defied at the moment’s broader market downturn to emerge because the top-performing altcoin. Its worth has surged by 24% over the previous 24 hours amid renewed demand.The surge follows rising anticipation for the launch of Synthetix’s new perpetuals change on Ethereum and a buying and selling competitors scheduled for October 20. Nonetheless, on-chain and technical indicators recommend that the momentum is probably not sustainable within the quick time period.Sponsored SponsoredSNX Momentum Builds Forward of $1 Million Contest, however Bearish Bets Sign WarningForward of launching the primary perpetuals DEX…
Dogecoin plunged from $0.25 to beneath $0.10 earlier than rebounding to round $0.21, displaying a well-recognized sample seen earlier than previous main rallies. Analysts spotlight $0.19–$0.21 as a key help zone, calling it a possible “buy-the-dip” space if momentum continues to construct. Technical indicators like RSI (42) and a bullish MACD crossover counsel a doable reversal, with targets between $0.48 and $1. Dogecoin’s wild weekend had merchants gripping their chairs. After an intense selloff that erased almost $900 billion from the worldwide crypto market cap, the world’s favourite meme coin plunged from $0.25 to beneath $0.10 in minutes — earlier…
High 10 Largest Crypto Developments This WeekThe most recent WuBlockchain Weekly report captures a high-volatility week in crypto. From Bitcoin’s new all-time excessive to controversy round Pump.enjoyable’s presale and Elon Musk’s political Bitcoin endorsement, markets are witnessing sharp shifts in momentum and coverage.High 10 blockchains by transaction quantity in June 2025New knowledge highlights a dramatic lead for Solana in blockchain exercise for June 2025. In response to the figures, Solana processed a staggering 2.98 billion transactions, far outpacing all different chains within the ecosystem.High 10 Institutional ETH HoldersA brand new snapshot of on-chain knowledge reveals the highest 10 entities holding…