Author: John Smith
The Pi Network price continued its substantial decline over the weekend, reaching its lowest level on record. Summary Pi Network price crashed to a record low last week. A popular anonymous pundit called Pi the biggest scam in crypto. Technical analysis points to more downside in the coming months. Pi Coin (PI) plunged to a record low of $0.1515, crossing the previous all-time low of $0.1866. It has now plummeted by over 90% from its highest point this year, erasing more than $18 billion in value. Pi Network’s decline coincides with the ongoing crypto market crash, which started when President…
A new report from Wu Blockchain suggests that the October 11 crypto market crash may not have been a random sell-off, but a coordinated exploit that took advantage of a vulnerability in Binance’s Unified Account margin system. Summary Wu Blockchain says Oct 11 crash may be premeditated exploit on Binance margin. USDE, wBETH, BnSOL depegged to $0.65, $0.20, $0.13 during extreme volatility. Binance system let yield coins serve as collateral, amplifying liquidations. According to journalist Wu Blockchain, attackers appear to have manipulated certain collateral assets on Binance — causing them to crash in value — which then triggered mass liquidations…
A flash crash triggered by rising U.S.-China trade tensions resulted in $19 billion in liquidated cryptocurrency positions on Friday. This marked the most significant single-day purge of leveraged bets in cryptocurrency history. Summary $19B in crypto positions liquidated after Trump’s hostile US-China remarks. Bitcoin fell 16% to $104K before rebounding; 1.6M traders wiped out in hours. Altcoins hit harder: LTC -51%, TON -41%, DOGE -39% before partial recovery. According to Santiment, President Trump’s posts on Truth Social are to blame. Trump accused Beijing of becoming “very hostile” and threatened massive tariff increases on Chinese goods in retaliation for export controls…
Solana price holds above $200, forming a bullish falling wedge. Key confluences like the 0.618 Fibonacci and POC hint at a possible breakout if support holds. Summary $200 support aligns with Fibonacci and POC confluence. Falling wedge pattern signals bullish breakout potential. Volume confirmation is key for continuation toward $240–$260. Solana (SOL) price has entered a controlled corrective phase, consolidating within a falling wedge pattern. This structure has confined price action for several sessions, but with strong higher time frame support forming around $200, market conditions suggest that a potential reversal could soon materialize. From both a technical and structural…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Mutuum Finance raises $17.1m as its DeFi presale gains momentum ahead of next price increase. Summary Mutuum Finance raises $17.1m as structured presale model drives DeFi momentum. With the money raised, Mutuum’s transparent presale model could position it as one of 2025’s leading DeFi project. Over 16,800 investors have joined Mutuum Finance, backing its $17m DeFi presale success story. While many crypto presales in 2025 have struggled to maintain momentum after their early hype phases, Mutuum Finance (MUTM) is…
Indian tax authorities have launched a nationwide crackdown on hundreds of high-net-worth individuals accused of hiding cryptocurrency trades on Binance, the world’s largest crypto exchange. Summary The Central Board of Direct Taxes (CBDT) has reportedly directed investigation wings across major cities to submit progress reports by Oct. 17, targeting traders who bypassed India’s steep crypto taxes. Traders used offshore platforms, such as Binance, and peer-to-peer transfers, the CBDT alleges. The enforcement drive highlights how the government’s data-driven compliance tools are closing long-standing gaps in crypto disclosure, signaling that the era of anonymity for Indian digital asset holders may be coming…
As Bitcoin ETFs saw their first trickle of outflows in days, investors sought safety elsewhere — driving the Swiss franc higher and pushing gold to the edge of a new record. Summary Bitcoin, gold, and the Swiss franc are emerging as key safe-haven assets amid escalating U.S.–China trade tensions and a sharp downturn in equities. The Swiss franc surged to 1.2500 against the dollar, gold neared a record high at $4,017, and Bitcoin rebounded to $112,800 after briefly dipping to $107,000. Despite Friday’s modest $4.5 million outflow from spot Bitcoin ETFs, the products still posted a $2.7 billion weekly gain,…
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. The phrase fair launch evokes images of grassroots communities with no preferential treatment for any specific group, equal access for all with no development or team incentives, and protocols born without hidden privilege. Yet, in 2025, fair launch has become less a principle and more a marketing slogan. The values that once guided this term, including equality and true alignment between users and builders, have been diluted to fit whatever allocation scheme the latest token distribution demands.…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Digitap raises $650k in presale after Visa card launch lets users spend crypto like cash worldwide. Summary Digitap raises $650k and partners with Visa, aiming to become crypto’s first omni-bank. BTC stalls at $120K as altcoins like Digitap gain traction amid rising Q4 market optimism. Visa-backed Digitap bridges banking and blockchain rails, rewarding users through TAP burns. Bitcoin has stalled just days after making a new all-time high. Data from Coinglass suggests a lack of bids below $120,000, and…
Crypto investors infused fresh capital into innovative blockchain ventures this week, despite market volatility keeping traders on edge. Summary Crypto funding reached $3.19B across 20 projects in the week of Oct. 5-11, 2025. Polymarket led with a $2B raise at a $9B valuation backed by ICE investment. Kalshi secured $300M with backing from Sequoia, AI6Z, and Paradigm investors. Polymarket and Kashi emerged as standout deals from Oct. 5-11, signaling growing institutional interest in decentralized prediction markets. Some 20 companies secured nearly $3.2 billion in crypto funding, including those that specialize in derivatives, asset management, and even Bitcoin-backed life insurance. Here’s…