(Bloomberg) — Cryptocurrencies shed roughly $300 billion in value this week as a wave of leveraged bets unraveled, battering the sector’s biggest tokens and dragging market sentiment to its weakest point since early summer. Ether, the world’s second-largest cryptocurrency, led the rout with its steepest weekly decline since June. The token has dropped about 12%, sliding below the $4,000 mark — a level traders had widely seen as a crucial line of support. Bitcoin, the market bellwether, wasn’t spared eithe ...

Altcoin season is developing through tokens that show both trading depth and current catalysts. Instead of a blanket rally across the sector, liquidity has been rotating into assets tied to infrastructure, derivatives, and gaming platforms. The latest movement puts Aethir, Mantle, and Hyperliquid in focus, each with distinct reasons behind recent price action. This rotation reflects how altseason often unfolds in waves. Traders look for names with active order books, visible narratives, and exchange acces ...

在以暴涨暴跌著称的加密货币市场，被称为"永续合约"的衍生品正迅速占据舞台中央。 华尔街见闻撰文，周一加密货币市场遭遇大规模清算，超过15亿美元的多头头寸被强制平仓，引发了近一个月来最严重的闪崩行情。 尽管昨日比特币价格有所反弹，但以太坊等主流币种仍在低位盘整，凸显出高杠杆交易对市场稳定性的巨大冲击。 （比特币昨日反弹至11.4万美元附近） 为了使合约价格与现货价格保持挂钩，永续合约引入了"资金费率"（Funding Rate）机制。 通常情况下，当合约价格高于现货价格时，持有多头头寸的交易者需要定期向空头支付资金费率。这笔费用会蚕食多头方的利润，而 对于空头方，则可能成为一项额外收入。 永续合约的受欢迎程度在过去一年中呈爆炸式增长。 在剧烈波动的同时，"永续合约"这一原本主要在美国境外流行的投机工具正加速登陆受监管的美国市场。 永续合约是一种特殊的金融衍生品，其核心特点是没有到期日或行权价，交易员可以无限期持有头寸。盈亏完全取决于比特币等基础 资产的价格变动，类似于一种可以自动展期的期权合约。 主流加密货币交易所Coinbase今年夏天已向其美国零售客户推出永续合约产品。与此同时，芝加哥期权交易所全球市场也计 ...

The crypto market has experienced a notable downturn over the past week, and is trading flat on the day. However, a handful of altcoins are defying this move, with some even posting double-digit gains on the day. The biggest winner of the day is Ethereum layer-2 network Mantle, which climbed 12.1% on the day to a $5.9 billion market cap as the 37th largest cryptocurrency. The double-digit jump follows Mantle’s partnership with centralized exchange Bybit, which offers higher leverage rates and better loan ...

Bitcoin back in action ahead of Uptober. | Credit: Manuel Mazzanti/NurPhoto via Getty Images.. Key Takeaways October has been crypto’s best-performing month since 2013, with returns averaging above 20%. Bitcoin has been trading up 0.6% at $113,230 in the past 24 hours, and BTC dominance has been up at 57.7%. Macroeconomic announcements from the U.S. could steer market sentiment this week. After a brutal $1.7 billion wipeout in leveraged positions on Monday, crypto markets are finding their footing ...

The future of finance may not run through Wall Street’s traditional rails but across blockchain networks, according to Usman Naeem, Global Head of Derivative Sales and Agency Trading at Coinbase (Nasdaq: COIN). Speaking with Imran Lakha, founder of Options Insight on Deribit's Crypto Options Unplugged podcast, Naeem pointed to tokenization of real-world assets (RWAs) as blockchain’s most immediate and transformative use case. From real estate to equities, he said, the ability to represent traditional asse ...

Traders were in the red Monday as $1.62 billion in bullish bets evaporated over the past 24 hours, according to data from the crypto analytics company Coinglass. Correspondingly, the crypto markets were down, as Bitcoin dropped 2.3% over the past 24 hours to below $113,000, per Binance. Ethereum, the second largest digital asset by market capitalization, had an even starker drop of almost 7% to just under $4,200. The total market capitalization of all cryptocurrencies was down almost 4% day-over-day to abo ...

Core Viewpoint - Ramil Palafox, CEO of Praetorian Group International (PGI), pled guilty to wire fraud and money laundering, operating a Ponzi scheme that defrauded over 90,000 investors, resulting in significant financial losses [1][4]. Group 1: Company Operations - PGI claimed to conduct Bitcoin trading and promised daily returns of 0.5%-3%, which were unsustainable given the firm's modest operations [2]. - The firm misled investors through a fraudulent website that falsely indicated their investments were growing during 2020-21 [3]. Group 2: Financial Impact - More than $201 million was invested in PGI from December 2019 to October 2021, with investors losing at least $62.6 million due to the scam [4]. - Palafox misappropriated funds for personal luxury expenditures, including approximately $3 million on luxury vehicles and over $6 million on homes [6]. Group 3: Legal Consequences - Palafox faces a potential sentence of up to 40 years in prison and is required to pay restitution of $62.6 million as part of his plea agreement [8].

Core Insights - NBA star Kevin Durant has regained access to his Bitcoin account, which he initially purchased in 2016 for $650, and its current value has surged to $117,000, representing an investment return of approximately 18,600% [1][6]. Group 1 - Durant's agent, Rich Kleiman, revealed that he assisted Durant in purchasing Bitcoin in 2015, but they forgot the account password, leaving the Bitcoin untouched until now [3]. - The Bitcoin price has increased dramatically from $650 in 2016 to $117,000, marking a rise of 180 times [6]. - Kleiman expressed that despite the challenges of recovering the password, the current price surge is beneficial, and they remain optimistic about eventually accessing the funds [3].

Group 1: XRP Market Predictions - The market is currently predicting a potential price movement for XRP, with a 60% chance of reaching $4 and a 40% chance of dipping to $2 [2][4] - Recent favorable headlines, including the launch of the first ETF with exposure to spot XRP, have contributed to a more optimistic outlook for the asset [3] - XRP has seen a modest price gain of 3.6% over the last month, currently trading at $3.12, which supports predictions of a rise to $4 [3] Group 2: Bitcoin Dominance Predictions - Predictors are currently favoring a decrease in Bitcoin's dominance to 53%, rather than an increase to 63%, indicating potential gains in altcoins [5][7] - Bitcoin dominance measures the percentage of the total crypto market cap that belongs to Bitcoin, and a drop in this percentage suggests gains in other cryptocurrencies [6] - A significant shift in predictions occurred recently, with a 6% change in favor of the drop in dominance within the last 24 hours, influenced by new SEC listing requirements for crypto ETFs [7]