Today’s action in BNB price has been nothing short of electrifying. In the last 24 hours, BNB soared 15.22% to hit $1,355.67, outshining Bitcoin’s modest +3.27% and handily outperforming Ethereum’s steep -21% drop. This sharp rally is driven by a combination of bullish ecosystem news, technical rebound signals, and Binance’s $283 million user compensation after …
The Bittensor TAO price is trading one of its most critical phases, hinting at a big bullish move ahead that could determine the cryptocurrency’s long-term outlook. After weeks of consolidation and volatility, TAO has recently teased a breakout from the descending triangle pattern showing on the weekly Bullish Bittensor price chart. The current week’s price …
Dubai is now the world’s biggest licensed virtual assets (VA) market. On the third anniversary of the Dubai Virtual Assets Regulatory Authority (VARA), Sheikh Mohammed bin Rashid Al Maktoum announced that year-to-date VA transactions have already crossed AED 2.5 trillion. “A completely new economic sector has been added to our national economy,” he said, highlighting …
The Prime Minister of the UAE has officially declared Bitcoin and cryptocurrency a “new sector” for the nation’s economy. This landmark move signals the UAE’s bold embrace of digital assets, recognizing their growing impact on finance, investment, and innovation. By integrating crypto into the country’s official economic sectors, the UAE aims to attract global investment, …
WazirX, the Indian crypto exchange that faced a $234.9 million hack last year, has achieved a key milestone, marking a major step forward in its ongoing recovery. The Singapore High Court has approved its debt restructuring plan, bringing the platform closer to stability and possibly regaining user trust. WazirX Secures Court Approval CEO Nischal Shetty …
In 2025, XRP delivered its strongest performance since 2017, trading near $2.63. While it has yet to reach a new all-time high, the year has marked a solid recovery. Its growing role in cross-border payments has also encouraged several companies to hold XRP as part of their treasury assets. Companies with XRP Treasuries SBI Holdings …
Discover seven simple, proven habits — strong 2FA, safe signing, hot/cold wallet separation and recovery plans — to block phishing, toxic approvals, fake support and more.
Ethereum layer-2 tokens outperformed the market, with Mantle surging 31%, driven by Bybit integration and increasing adoption across scaling solutions.
The crypto market is bouncing back after one of its most turbulent weekends ever, with major digital assets recovering ground lost during the sudden liquidation wave that erased roughly $20 billion from open positions. According to CryptoSlate’s data, Bitcoin climbed more than 3% in 24 hours, trading around $115,342 after sinking toward $105,000 on Oct. […]
The post Crypto market rebounds as Bitcoin and Ethereum recover but volatility signals persist appeared first on CryptoSlate.
Bitcoin’s price rose back above the short-term holder’s realized price, leading analysts to say that the BTC bull run may continue.
The crypto market enters a packed week as Ethereum prepares for network upgrades, token events draw attention, and global economic developments continue to impact digital assets. Bitcoin currently trades around $115,261, while Ethereum holds near $4,173, showing some recovery after recent market volatility. Ethereum Fusaka Upgrade on Testnet Ethereum developers are rolling out the Fusaka …
The Singapore High Court’s approval clears the way for WazirX to restart operations and begin compensating more than 150,000 users.
Bitcoin has come a long way from being dismissed as a tool for money launderers and thieves. Even Larry Fink, CEO of BlackRock, the world’s largest asset manager with $12 trillion under management, has changed his view. Despite the recent crypto market crash, Larry Fink called cryptocurrency (Bitcoin) a legitimate alternative asset, similar to gold, …
Despite the crypto price plunge following Trump's China tariff threats, Friday saw a "paltry" $159 million in outflows, CoinShares said.
The upgrade marks a major step toward decentralizing Hyperliquid’s derivatives infrastructure, giving builders the ability to launch perpetual futures markets directly onchain.
According to reports, BNB showed unusual strength during a recent market tumble that wiped out nearly $20 billion in liquidations at the peak. The token barely budged at first — slipping roughly 2-3% during the early shock — and later traded above $1,130, gaining over 10% in 24 hours as buyers returned. Related Reading: A 5% Bitcoin Drop In October? History Shows That’s Rare CZ Pushes Back At Doubters Changpeng Zhao, the former Binance chief, answered critics on social media who suggested BNB’s steady price action deserved closer scrutiny. He mocked those raising alarm, using a laugh emoji and urging people to share more examples of BNB’s strength. He also said he was unaware of any affiliated entities buying or selling BNB in recent days and highlighted the community and infrastructure behind the chain as reasons for confidence. According to CoinMarketCap data, BNB’s limited drop put it in the same group as Bitcoin among the top-five coins that recorded minimal daily losses during the liquidation event. That put BNB in a small set of assets that outperformed peers while the market bled. fudders even try to make this sound like a bad thing? ????????♂️ Please post more of this about #BNB. ???? https://t.co/hOUy6ll4BS — CZ ???? BNB (@cz_binance) October 12, 2025 Community And Utility Provide Support Reports have disclosed several practical reasons why BNB held up. The token offers trading fee discounts, which become more valuable when volatility spikes and trading volume rises. Network revenue also climbed with the surge in activity, giving the token real transactional demand beyond speculation. BNB’s deflationary token design was mentioned as another factor that can support price under stress. Interesting how BNB was barely affected at all. pic.twitter.com/xurnb5vr1a — Jason Appleton (Crypto Crow) (@jasonappleton) October 12, 2025 Some observers have pointed out an additional feature: a lack of market maker involvement. CZ reiterated that claim, saying the project does not rely on affiliated trading entities to prop up price, and that the chain’s community and core functions help absorb shocks. Analyst Views And Market Moves Prominent trader Altcoin Sherpa described the token as “insanely strong,” noting that its outperformance was surprising even during a broad market rebound. Market participants took notice when BNB’s intraday loss turned out to be deeper than its modest seven-day decline, suggesting buying interest reappeared at key levels after the worst of the sell-off passed. $BNB is insanely strong, this surprised me a bit seeing the move today. All majors are bouncing a bit but BNB outperformance still confirms that BSC/BNB ecosystem is the place to play for now. pic.twitter.com/cYDbjJerKo — Altcoin Sherpa (@AltcoinSherpa) October 12, 2025 Some figures in the crypto space reported that certain meme-focused tokens plunged as much as 80% during the same period. By contrast, BNB’s deeper dip at one point reached about 17% before it recovered — a pattern that left traders debating whether the move was driven by genuine demand or by the particular structure of the Binance ecosystem. Related Reading: XRP Traders Face Fresh Selling Pressure As Large Holders Move Out Featured image from Getty Images, chart from TradingView
Friday’s massive crypto market crash sent Bitcoin fund trading volumes to record highs, but crypto ETPs held firm amid the turmoil.
Bittensor (TAO) has emerged as one of the fastest-recovering altcoins following the recent crypto market crash, bouncing back sharply from lows around $312 to trade near $420. This rapid rebound has sparked renewed investor interest, raising the question: Can the TAO price sustain this momentum and test $500 this month? Technical indicators suggest potential upside, …
Jeff Yan, co-founder of Hyperliquid, said that some centralized exchanges may have underreported liquidation data by as much as 100 times.
Akash will deprecate its Cosmos-based app chain and evaluate a new base network, potentially outside Cosmos, with Solana as a contender.
The DeFi veteran’s 120% surge comes ahead of a new perpetuals DEX launch and a high-profile trading competition that could reignite interest in legacy protocols.
October 10, 2025, will be remembered as one of the harshest days in crypto history, with over $19 billion liquidated in a single day. Many blamed politics, strict regulations, or market fears, but the truth tells a very different story. As panic spread, attention turned to Binance, the market maker Wintermute, and even U.S. President …
Robert Kiyosaki, author of Rich Dad Poor Dad, is backing President Donald Trump’s latest 401(k) reforms, calling them a “game-changer” for retirement investing. In a tweet, Kiyosaki highlighted the move that could let ordinary Americans put their retirement savings into Bitcoin, Ethereum, gold, silver, real estate, and commodities – assets traditionally reserved for the wealthy. …
Hyperliquid founder Jeff Yan has recently criticized the lack of transparency around centralized exchange (CEX) liquidation reporting, contrasting it with Hyperliquid’s model. These remarks come after one of the largest liquidation events in crypto history, which affected over 1.6 million traders. The incident has sparked a broader conversation about fairness and accountability in crypto trading. …
BNB, the native token of Binance’s ecosystem, climbed to a record high of $1,355 following a turbulent weekend that saw $20 billion wiped from the broader crypto market. Data from CryptoSlate showed that BNB surged 17% in 24 hours, outperforming other top-ten cryptocurrencies by market capitalization. The rally came even amid President Donald Trump’s Oct. […]
The post Binance to pay $283M compensation for market chaos as BNB reaches new $1.3k ATH appeared first on CryptoSlate.
Hyperliquid is launching the HIP-3 upgrade, allowing developers to launch their own decentralized perpetual markets in a fully permissionless way. To create a new perp DEX on HyperCore, builders stake 500,000 HYPE tokens, which helps protect users and ensure quality. HIP-3 works with HyperEVM, adding smart contracts, on-chain governance, and robust safety checks. With this …
Over the past day, the crypto market has been eyeing on ASTER’s dramatic comeback. After plunging to a low of $1.10, ASTER price staged a powerful rally, surging ~19% in 24 hours. The sentiment shift was noticeable across platforms like CoinGecko and CoinMarketCap. Successively, a delayed airdrop announcement helped ease panic selling. Thereby, ushering in …
The tax departments in India have launched an investigation targeting over 400 wealthy traders. According to the Economic Times, these individuals allegedly hid their digital assets on Binance and failed to pay the mandatory crypto tax. Crypto Tax Evasion in India The investigation targeting more than 400 high-net-worth traders marks one of the most aggressive …
While the crypto market continues to recover from its recent meltdown, Binance Coin (BNB) is proving to be an exception. As major tokens saw steep losses, BNB stayed surprisingly strong, rising over 10% in a single day and reclaiming its spot as the third-largest cryptocurrency by market capitalization. CZ Explains BNB’s Strength Binance founder Changpeng …
The Oct. 10–11 sell-off that erased an estimated ~$19–20 billion across crypto within 24 hours has ignited a fierce post-mortem over whether market structure—or malice—turned a macro shock into cascading liquidations. Crypto Crash Not Random? On X, Uphold’s head of research Dr. Martin Hiesboeck alleged the crash “is suspected to be a targeted attack that exploited a flaw in Binance’s Unified Account margin system,” arguing that collateral posted in assets such as USDe, wBETH and BnSOL “had liquidation prices based on Binance’s own volatile spot market, not reliable external data,” which allowed a cascade once those instruments depegged on Binance order books. He added that the episode “was timed to exploit a window between Binance’s announcement of a fix and its implementation,” calling it “Luna 2.” The crypto market crash on October 11 is suspected to be a targeted attack that exploited a flaw in Binance’s Unified Account margin system. The issue stemmed from using assets like USDE, wBETH, and BnSOL as collateral, whose liquidation prices were based on Binance’s own… — Dr Martin Hiesboeck (@MHiesboeck) October 12, 2025 Binance has publicly acknowledged extraordinary price dislocations in exactly those instruments during the crash window and has committed to compensating affected users. In a series of notices published Oct. 12–13 (UTC), the exchange said that “all Futures, Margin, and Loan users who held USDE, BNSOL, and WBETH as collateral and were impacted by the depeg between 2025-10-10 21:36 and 22:16 (UTC) will be compensated, together with any liquidation fees incurred,” with the payout “calculated as the difference between the market price at 2025-10-11 00:00 (UTC) and their respective liquidation price.” Binance also outlined “risk control enhancements” after the incident. Related Reading: Crypto Crash: $19.5 Billion Wiped Out In Record-Breaking Liquidation Event The depegs were violent on Binance’s books: USDe printed as low as roughly $0.65, while wrapped staking tokens wBETH and BNSOL also plunged, briefly gutting the collateral value in Unified Accounts and triggering forced unwinds. Third-party market coverage and exchange community posts documented those prints and the immediate knock-on to margin balances during the 21:36–22:16 UTC window. Hiesboeck later framed the chain of events as leverage meeting brittle collateral mechanics rather than pure price discovery. In a follow-up explainer, he wrote: “The Trigger: It all started with external shock. A political post (Trump’s new tariff threat) hit the US stock market, and that fear spilled directly into crypto… The Amplifier: …too many people using massive leverage… Domino Effect: …panic selling hit related assets that were supposed to be stable (like USDe and wBETH), causing them to ‘depeg’… The Lesson (and Binance’s Role): Analysts say the true issue was not an attack, but bad design… [the] system dumped [collateral] immediately at any price.” He added that “Binance is now preparing a huge compensation plan.” Related Reading: 2%–4% In Crypto? Morgan Stanley Thinks That’s The Smart Move Now Macro shock is, in fact, a credible first domino. The Oct. 10–11 liquidation wave was triggered by new tariff threats from the US President Donald Trump against China, which sparked cross-asset risk-off and an aggressive deleveraging across crypto perps. Friday’s crash was the “largest ever” liquidation event with roughly $20 billion in liquidations in a single day, with more than $1.2 billion of trader capital erased on Hyperliquid alone. Where the debate turns technical is on the “exploit” claim. One camp points to a design gap in how Binance’s Unified Account treated certain collateral: rather than anchoring to robust external pricing, liquidation thresholds referenced internal spot pairs that became thin and disorderly precisely when they were most system-critical. That design, critics argue, created a reflexive loop in which depegging collateral forced liquidations that sold more of the same collateral back into the same unstable books. Binance, for its part, has said it will adjust pricing logic for wrapped assets and has begun compensating users who were liquidated or suffered verified losses during the specified window. Ethena’s team, whose synthetic dollar USDe was at the center of the move, contends the problem was localized to Binance’s pricing/oracle path rather than a fundamental break in USDe’s mechanism. At press time, the total crypto market cap recovered to $3.87 trillion. Featured image created with DALL.E, chart from TradingView.com