Crypto majors continued their decline, dropping another 3–8% as the selloff persisted. Bitcoin (BTC) fell 3% to $104,500, Ethereum (ETH) dropped 5% to $3,520, Binance Coin (BNB) slid 6% to $955, and Solana (SOL) plunged 8% to $162. Meanwhile, Decred (DCR) surged 111%, Dash (DASH) climbed 50%, and Internet Computer (ICP) gained 30%, leading the day’s top movers. Liquidations totaled over $1.2 billion on Monday, with long positions accounting for 90% of the losses, and the Crypto Fear & Greed Index slipped into “Extreme Fear.” Balancer suffered a $128 million exploit following a so-called “vibe-coded” hack, prompting Berachain to halt its chain amid cascading pool drains across Ethereum and linked networks. In industry developments, Hollywood.com announced plans for an entertainment-focused prediction market in partnership with Crypto.com, while Ripple launched prime brokerage services for digital assets in the U.S. Strategy revealed plans to issue 3.5 million shares of its 10% Series A Perpetual Stream Preferred Stock ($STRE), with proceeds earmarked for Bitcoin purchases. Elsewhere, U.S. prosecutors are pursuing the maximum five-year sentence against the founders of Samurai Wallet, and the FTSE Russell announced it will publish its global equity, FX, and digital asset market index data directly on the blockchain via Chainlink. 🔗 Read Full Article 💡 DMK Insight Crypto majors are in a downward spiral, and here’s why that matters for your trades: The recent selloff, with Bitcoin down to $104,500 and Ethereum at $3,520, signals a broader market correction that could shake out weak hands. Traders should be cautious, as this decline isn’t just a blip; it reflects growing skepticism around regulatory clarity and macroeconomic pressures. The 3-8% drop across major coins indicates a potential shift in sentiment, with many investors possibly looking to cash out or hedge against further losses. Keep an eye on support levels—if BTC breaks below $100,000, we could see a cascade effect that drags ETH and others down further. On the flip side, altcoins like Decred and Dash are defying the trend, suggesting a rotation into smaller caps. This divergence could present opportunities for nimble traders willing to take calculated risks. Watch for volume spikes in these altcoins as they might indicate a shift in market dynamics. Overall, the immediate focus should be on how BTC and ETH react in the coming days, especially around key psychological levels. 📮 Takeaway Monitor Bitcoin’s support at $100,000 and Ethereum’s at $3,500; a break below these levels could trigger further selling pressure.

Crypto majors slipped another 2–5% before showing signs of recovery after Bitcoin briefly dipped below $100,000. At the time of writing, BTC is down 2% at $102,100, ETH has fallen 5% to $3,320, BNB is down 1% at $945, and SOL is off 2% at $157. Among top movers, ZK (+24%), DASH (+12%), ASTER (+12%), and HYPE (+9%) led the gains. Liquidations totaled over $1.7 billion on Tuesday as Bitcoin slid below $100,000 and Ethereum neared $3,000. The Fear and Greed Index edged up two points to 23 but remains in the “Extreme Fear” zone. In ecosystem developments, Berachain restarted its chain after a roughly day-long shutdown following the Balancer exploit, with funds returned. Chainlink unveiled the Chainlink Runtime Environment (CRE), enabling institutions to deploy smart contracts across multiple blockchains with built-in compliance and legacy finance integration. Meanwhile, Gemini announced plans to launch a prediction market, following its DCM license application to the CFTC in May. On the corporate front, Marathon Digital (MARA) reported record Q3 revenue of approximately $252 million as it continues expanding into AI compute services. 🔗 Read Full Article 💡 DMK Insight Bitcoin’s dip below $100,000 is a critical moment for traders to assess market sentiment. The recent 2-5% drop across major cryptocurrencies signals increased volatility, particularly as BTC struggles to maintain support around the $100,000 mark. This level is crucial; a sustained breach could trigger further sell-offs, while a bounce back might indicate strong buying interest. Ethereum’s decline to $3,320 also reflects broader market weakness, but it’s worth noting that ETH has historically shown resilience after sharp corrections. Traders should keep an eye on the 24-hour trading volume and RSI levels for both BTC and ETH, as these metrics could provide insights into potential reversals or continued downtrends. On the flip side, this pullback could present a buying opportunity for those looking to accumulate at lower prices. If BTC can reclaim the $102,000 level, it might signal a short-term bullish reversal. Watch for any news or developments that could impact market sentiment, especially around regulatory changes or macroeconomic indicators that could influence crypto adoption. 📮 Takeaway Monitor Bitcoin’s ability to hold above $100,000; a failure to do so could lead to further declines, while a recovery above $102,000 may signal a buying opportunity.

The USDC policy reversal on firearm purchases suggests that “stablecoins are at the whims of politicians,” an industry expert told Decrypt. 🔗 Read Full Article 💡 DMK Insight The USDC’s policy shift on firearm purchases highlights a critical vulnerability in stablecoins: their dependence on regulatory decisions. This move could shake trader confidence, especially for those relying on USDC for stability during volatile market conditions. If stablecoins can be swayed by political agendas, it raises questions about their reliability as a safe haven. Traders should be cautious, as this could lead to increased volatility in USDC and potentially impact other stablecoins like USDT or DAI. Watch for potential regulatory changes that could ripple through the crypto market, affecting liquidity and trading strategies. If USDC faces a significant sell-off, it could create a cascading effect on the broader market, especially for assets heavily paired with it. Keep an eye on USDC’s trading volume and any announcements from regulators that could signal further policy changes. The next few weeks could be pivotal for stablecoin dynamics, so staying informed is key. 📮 Takeaway Monitor USDC’s trading volume and regulatory news closely; a sell-off could impact broader crypto market stability significantly.

Robinhood executives said prediction markets are gaining traction and crypto trading remains strong, as the company looks to expand overseas. 🔗 Read Full Article 💡 DMK Insight Robinhood’s focus on prediction markets and strong crypto trading signals a shift in retail trading dynamics. As they eye international expansion, traders should consider how this could impact liquidity and volatility in crypto markets. With prediction markets gaining traction, we might see a new wave of speculative trading behavior that could influence price movements across various assets. If Robinhood successfully taps into overseas markets, it could lead to increased participation from retail investors, potentially driving up demand for cryptocurrencies. Keep an eye on how this expansion affects trading volumes and market sentiment, especially in the wake of any regulatory changes. Watch for key levels in major cryptocurrencies as retail interest fluctuates—this could create both opportunities and risks for day traders and swing traders alike. 📮 Takeaway Monitor Robinhood’s international expansion closely; increased retail participation could drive crypto volatility and impact key price levels significantly.

Fundstrat’s Tom Lee says Bitcoin’s slump was due to macro headwinds, but sees a potential reversal as pressures ease. 🔗 Read Full Article 💡 DMK Insight Bitcoin’s recent dip isn’t just noise; it’s a reflection of broader macroeconomic pressures. Tom Lee from Fundstrat points to easing conditions ahead, suggesting a potential reversal for BTC. Traders should keep a close eye on key economic indicators like inflation rates and interest rate decisions, as these will heavily influence market sentiment. If macro pressures start to ease, we could see Bitcoin reclaim critical support levels. Watch for a break above recent resistance to confirm any bullish momentum. However, it’s worth noting that while Lee’s optimism is refreshing, the market remains volatile. A sudden shift in macro conditions could lead to further downside, especially if institutional investors pull back. So, monitor the upcoming economic data releases closely—these could be pivotal in shaping Bitcoin’s trajectory in the near term. 📮 Takeaway Watch for Bitcoin to break above recent resistance levels if macro pressures ease; key economic indicators will be crucial in the coming weeks.

The Australian regulator warned the country could become a “land of missed opportunity” as other markets race ahead on tokenization. 🔗 Read Full Article 💡 DMK Insight Australia’s warning about missed opportunities in tokenization is a wake-up call for traders: don’t underestimate the global race. As other markets advance in tokenization, Australia risks falling behind, which could impact local asset valuations and investment flows. Traders should keep an eye on how this regulatory stance influences market sentiment, particularly in sectors like fintech and real estate that are ripe for tokenization. If Australia doesn’t adapt quickly, we might see capital shift to more progressive markets, affecting liquidity and trading volumes here. Watch for any upcoming regulatory changes or announcements that could signal a shift in this narrative. On the flip side, this could create hidden opportunities for traders who position themselves ahead of any potential regulatory easing or innovation in Australia. Keep an eye on related assets that could benefit from tokenization, like blockchain technology stocks or ETFs focused on digital assets. The real story is whether Australia can pivot fast enough to capitalize on this trend. 📮 Takeaway Monitor Australia’s regulatory developments closely; any signs of easing could create significant trading opportunities in tokenized assets.

Ireland has issued its first crypto enforcement action as Coinbase Europe admits flaws in monitoring 30 million transactions. 🔗 Read Full Article 💡 DMK Insight Ireland’s first crypto enforcement action is a wake-up call for exchanges—here’s why. Coinbase Europe’s admission of flaws in monitoring 30 million transactions highlights a critical gap in compliance that could have serious repercussions. This enforcement action signals regulators are ramping up scrutiny, which could lead to increased operational costs for exchanges and potentially tighter regulations across the EU. Traders should be aware that this could impact liquidity and trading volumes, especially if exchanges face penalties or are forced to overhaul their compliance frameworks. On the flip side, this could create opportunities for smaller, compliant exchanges to capture market share. Keep an eye on how major players respond; if they tighten their compliance measures, we might see a temporary dip in trading activity. For now, watch Coinbase’s stock and trading volumes closely, as any fallout from this enforcement could ripple through the crypto market, affecting related assets like Bitcoin and Ethereum. Monitoring regulatory developments will be key in the coming weeks. 📮 Takeaway Watch Coinbase’s response to Ireland’s enforcement action; it could signal broader regulatory impacts across the EU crypto market.

BoE deputy governor Sarah Breeden rebuffed crypto industry concerns that the UK is falling behind in the global race to regulate stablecoins. 🔗 Read Full Article 💡 DMK Insight The BoE’s stance on stablecoin regulation could shift market dynamics significantly. Breeden’s dismissal of industry concerns suggests a more cautious approach from the UK, which might lead to increased volatility in crypto markets as traders react to regulatory uncertainty. If the UK falls behind in establishing clear guidelines, it could deter institutional investment, impacting liquidity and price stability. This is particularly relevant for stablecoins, which are often used as a hedge against volatility in the broader crypto market. Traders should keep an eye on how this regulatory environment evolves, especially in relation to the performance of major stablecoins like USDT and USDC. On the flip side, if the UK does eventually implement favorable regulations, it could spur a resurgence in crypto investments. Watch for any announcements from the BoE or related agencies in the coming weeks, as they could serve as key indicators for market sentiment and price movements. 📮 Takeaway Monitor UK regulatory developments closely; any positive news could boost stablecoin adoption and market confidence significantly.

Crypto markets were slightly green, with Bitcoin trading just below its 200-week moving average—BTC rose 0.5% to $102,800, while ETH gained 1% to $3,380. BNB and SOL remained flat at $950 and $157, respectively. Among top movers, ICP surged 28%, ZEC climbed 15%, and DASH rose 12%. In corporate developments, Ripple raised $500 million at a $40 billion valuation from major investors including Fortress, Citadel, and Brevan Howard. Asset manager WisdomTree, with $130 billion in AUM, adopted Chainlink to bring NAV data on-chain and power subscriptions for its CRDT tokenized fund on Ethereum. Robinhood beat Q3 estimates as its crypto revenue saw a substantial increase. Meanwhile, YouTube clarified that its gambling policy is not targeting crypto content broadly, focusing instead on gambling and casino-related material. Lastly, Circle updated its terms of service to permit firearms purchases using USDC. 🔗 Read Full Article 💡 DMK Insight Bitcoin’s struggle below the 200-week moving average is a critical signal for traders right now. With BTC hovering around $101,903, just under that key moving average, it’s a pivotal moment. If it can break above this level, we could see a bullish momentum shift, potentially targeting the $110,000 mark. On the flip side, failing to breach this resistance might lead to a consolidation phase or even a pullback, especially with ETH’s modest gain to $3,372.21. The recent surges in ICP, ZEC, and DASH indicate that altcoins are gaining traction, which could divert attention from Bitcoin. Traders should keep an eye on the correlation between BTC and ETH, as a strong move in either could influence the broader market sentiment. Watch for volume spikes around these price levels; they could signal the next big move. Also, keep an eye on the daily RSI for overbought or oversold conditions, which could provide additional context for entry or exit points. 📮 Takeaway Watch Bitcoin’s movement around $101,903; a break above the 200-week MA could trigger bullish momentum, while a failure might lead to consolidation.