Bitcoin’s recent crash marks the third failure to maintain gains above a critical trendline from 2017 and 2021 highs. 🔗 Read Full Article
XRP Rebounds 8% as $30B Flows Back In After Trade-War Rout
The rebound printed one of the year’s heaviest sessions, confirming aggressive dip-buying as traders reposition ahead of fresh macro headlines. 🔗 Read Full Article
Dogecoin Zooms 11% as DOGE Buying Volumes Quadruples
The pattern shows an ascending trendline with constructive momentum; MACD and RSI signals remain bullish. 🔗 Read Full Article
“Regulatory Probe Urged as $20 Billion in Crypto Liquidations Spike: DMK AI Report”
📰 DMK AI Summary Crypto.com CEO Kris Marszalek has called for a regulatory probe into exchanges following a record $20 billion in crypto liquidations. Marszalek urged regulators to review fairness practices, questioning if trading platforms manipulated prices or failed to maintain compliance controls. Data from CoinGlass revealed that Hyperliquid, Bybit, and Binance were the top three exchanges in liquidations. In response to the liquidation incident, Binance confirmed a price depeg issue that led to forced liquidations for some users. Binance co-founder Yi He issued a public apology, acknowledging user complaints and promising compensation for verified cases of platform errors. The recent market crash, with over $19 billion in liquidations, surpassed previous downturns including the COVID-19 crash and the FTX collapse. 💬 DMK Insight The call for a regulatory investigation by Crypto.com’s CEO highlights concerns about the fairness and stability of cryptocurrency exchanges during market crashes. This event underscores the need for stronger oversight and transparency within the crypto industry to protect investors and ensure market integrity. Traders and investors should remain cautious and vigilant in dealing with volatile crypto assets and exchange platforms. 🧾 Editorial Note This article was automatically summarized and analyzed by DMK News Bot’s AI System, using publicly available data and verified financial updates.
Cardano and Dogecoin Lead Crypto Rebound Following an 'Emotional' $19B Reset
“ETF inflows remain strong, exchange balances near cycle lows, and the broader narrative is arguably stronger after the washout,” one analyst said. 🔗 Read Full Article
BTC Mining Firm Marathon (MARA) Scoops Up 400 BTC After Price Crash, On-Chain Data Show
Arkham data shows bitcoin miner Marathon bought 400 BTC through its custodian Anchorage Digital as prices plunged, with fresh FalconX inflows hinting at continued institutional accumulation. 🔗 Read Full Article
Ethereum's Fusaka Testing and Continued U.S. Government Shutdown: Crypto Week Ahead
Your look at what’s coming in the week starting Oct. 13. 🔗 Read Full Article
No, Ethena's USDe Didn't De-peg
The supposed de-pegging was only limited to Binance while deviations were much more restrained on other major liquid avenues like Curve. 🔗 Read Full Article
Synthetix Soars 120% as Derivatives Hype Reignites DeFi’s 'Dino Coin'
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. 🔗 Read Full Article
Hyperliquid’s HIP-3 Upgrade to Unlock Permissionless Perp Market Creation
The upgrade marks a major step toward decentralizing Hyperliquid’s derivatives infrastructure, giving builders the ability to launch perpetual futures markets directly onchain. 🔗 Read Full Article