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Crypto.com CEO Urges Probe After $20B Liquidations

Kris Marszalek, CEO of Crypto.com, has called for regulators to investigate cryptocurrency exchanges following a record $20 billion in liquidations over a 24-hour period, surpassing previous market crashes including that of FTX. In a post on X, Marszalek questioned the fairness of trading practices during the crash and highlighted

Gold-Backed Tokens Hold Firm in $19B Crypto Rout, But Rally May Be Near Exhaustion

In a recent crypto market downturn where major coins like bitcoin and ether saw significant declines, gold-backed digital assets like Paxos’ PAXG and Tether’s XAUT remained relatively stable. These tokens, tied to physical gold, provided a refuge for investors, posting over 50% gains year-to-date, reflective of gold's

Galaxy Digital Raises $460M to Build Texas AI Data Center

Galaxy Digital, led by Mike Novogratz, has raised $460 million through a private investment to transform its former Bitcoin mining operation in Texas into a large-scale AI data center. The investment, made by one of the world's largest asset managers, will fund the expansion of the Helios campus,

Bitcoin wobbles at $110K as trader says $20B liquidation rout not 'bottom'

Bitcoin remained near three-week lows following a record $20 billion liquidation event, spurring cautions that the market bottom is still not reached. Pressure on the $110,000 support level persisted, with Bitcoin (BTC) and altcoins impacted significantly by this unprecedented liquidation event. Traders indicated an ongoing cleanse of market exuberance

Bitcoin ETFs Add $2.7B in ‘Uptober’ Despite Tariff Fears

US spot Bitcoin ETFs demonstrated impressive performance in October, securing $2.71 billion in weekly inflows amid market fluctuations caused by President Trump's tariff announcement on Chinese imports. Despite a brief outflow in response to the tariff news, institutional interest remains high, with total assets under management for

XRP Price News: Ripple Plunges 40% Before Recovering to $2.20

XRP experienced a sharp decline of up to 42%, marking its largest one-day drop in recent years. The cryptocurrency fell from $2.82 to a low of $1.64 before recovering slightly to around $2.36. This selloff was attributed to significant liquidations and a $150 million decrease in institutional

How to Use AI to Spot Whale Wallet Moves Before the Crowd

Artificial intelligence (AI) can transform how traders identify big transactions in cryptocurrency, particularly those made by whales. AI can analyze large on-chain data sets quickly, flagging high-value transactions and enabling real-time monitoring through blockchain APIs. This allows traders to set parameters for alerts on significant movements, creating a personalized feed