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Crypto Market Wipes Out $410 B in 24 Hours as Altcoins Crash Hard 🧹
The global cryptocurrency market lost over $410 billion in value within 24 hours as a sharp sell-off hit particularly hard across altcoins.
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🗞 October 11 2025 cryptocurrency news highlights
【Cryptocurrency】
Bitcoin drops as government shutdown continues for tenth straight day: CNBC Crypto World💰😲
【Indicators】
Crypto sentiment flips to ‘Fear’ as Bitcoin plunges after Trump’s tariffs
【Others】
Galaxy Digital raises $460M to transform Texas Bitcoin mine into AI data center
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🇦🇪 Abu Dhabi Airports to start accepting Bitcoin and crypto as payment
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Crypto sentiment flips to ‘Fear’ as Bitcoin plunges after Trump’s tariffs
The last time the Crypto Fear & Greed Index dropped to this level of fear, Bitcoin’s price was trading around $80,000.
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A certain whale trader liquidated their BTC and ETH short positions at the overnight bottom, realizing a profit of $21.82 million.☄️
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Bitcoin fell below $117,000, with a 24-hour decrease of 1.64%.💰
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Aster: The second stage airdrop has a threshold of 10,000 Rh points, and the airdrop amount is allocated based on multiple factors
Aster announced that the minimum point threshold required for Stage 2 airdrop is 10,000 Rh points. Users who reach or exceed this minimum value during Stage 2 are eligible to receive the airdrop.
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Hyperliquid is launching a DEX-based streaming platform called "Based Streams," which will go live today at 8:30 PM.
Hyperliquid has now launched Based Streams, a live streaming platform that combines creator content with real-time transaction interaction. The new tool allows users to schedule broadcasts, engage in live chat, and overlay their on-chain transactions while expanding their community. The platform will officially launch today at 20:30 Beijing time.
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High-Profile Ethereum Whale Adds to Bitcoin Short Position, Now Sitting on $3.66M Unrealized Loss.🔥
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Ethereum Price Forecast - ETH-USD Rebounds from $4,330 After $4B Whale Buying Wave🔹
ETH price dips below $4,500 as $109.6M in longs are wiped out, but on-chain data shows whales and short-term traders betting on a breakout toward $4,870 amid slowing ETF inflows and firm staking growth
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Binance Wallet Launches “Meme Rush” for Early Access to Meme Tokens
Binance Wallet introduced a new feature called Meme Rush, which allows users in select regions to gain early access to trending meme tokens. The move aims to engage retail users and ride the hype around speculative crypto assets.
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BREAKING: 🇱🇺 Luxembourg Sovereign Wealth Fund allocates 1% of its portfolio to spot Bitcoin ETFs❗️
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GIGGLE experiences a brief spike of over 50%, with its market cap surpassing $175 million momentarily
According to GMGN data, the "CZ's Giggle Academy Donation" concept Meme token GIGGLE experienced a short-term rally of over 50% due to the news of "to be listed on Binance Contract." Its market cap briefly exceeded $175 million and is currently reported at $135 million, with a 24-hour decrease of 4%.
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Institutions across the board are predicting that the U.S. government shutdown will last at least 10 days, with the 15th day being a key milestone.🔥
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Dogecoin Price Prediction: DOGE Targets $0.35, DeepSnitch AI Presale Explodes Past $330K🐶
Dogecoin recovered from September lows, testing support at $0.26. Analysts see a breakout above $0.28 potentially pushing it to $0.35, but failure to hold $0.25 could drop it toward $0.22. While DOGE offers modest upside (around 37%), traders seeking higher returns are eyeing presales like DeepSnitch AI ($0.01805, $331K raised), which uses AI to give retail traders insights to compete with whales. Early demand for DeepSnitch AI is growing, fueled by optimism from Bitcoin’s momentum.
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Liquidation Mayhem — Volatility Isn’t Always Villainy in Crypto Markets 🕯
Significant crypto liquidations recently attributed to sharp price drops and leverage unwind are being reframed: while messy, the volatility and forced sell-offs may actually signal deeper structural cleansing in the market — clearing weak hands and setting the stage for stronger foundations.
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Crypto. com CEO calls for probe into exchanges after $20B liquidations
Crypto. com CEO Kris Marszalek has urged regulators to probe exchanges after $20 billion in liquidations, far outpacing any previous market crash, including FTX.
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Galaxy Digital raises $460M to transform Texas Bitcoin mine into AI data center
Mike Novogratz’s Galaxy Digital has secured a $460 million investment to convert its former Bitcoin mining site in Texas into a large-scale AI data center.
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SEC’s ‘future-proofing’ push to shape how much freedom crypto enjoys after Trump
In a conference hosted by the Managed Funds Association in New York on Tuesday, Atkins said the SEC would work quickly to adopt rules that could “future-proof” his agenda. He specifically referred to removing or weakening regulations on public and private markets, both of which could impact the cryptocurrency industry after Trump or Atkins leaves.
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Bitcoin drops as government shutdown continues for tenth straight day: CNBC Crypto World💰😲
Major cryptocurrencies declined at week’s end amid the ongoing U.S. government shutdown. Meanwhile, Morgan Stanley expanded crypto investment access to all its clients. Former SEC attorney Ashley Ebersole compared the agency’s operations under President Trump and President Biden, discussing differences in regulatory approach toward digital assets.
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🗞 October 10 2025 cryptocurrency news highlights
【Cryptocurrency】
U.S. Cryptocurrency Market Structure Negotiations Deadlocked Due to Democratic Party DeFi Proposal Leak
【Indicators】
High-Profile Ethereum Whale Adds to Bitcoin Short Position, Now Sitting on $3.66M Unrealized Loss.🔥
【Others】
🪙 Arthur Hayes says Bitcoin’s four-year cycle may break as new liquidity waves rise from the Fed and China
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U.S. Cryptocurrency Market Structure Negotiations Deadlocked Due to Democratic Party DeFi Proposal Leak
According to Crypto in America, negotiations between US Senate Republicans and Democrats on cryptocurrency market structure legislation have stalled due to a new Democratic proposal to regulate DeFi, which has sparked strong opposition within the industry.
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GMGNFounder Enters Top 2 Holdings and Commits Not to Sell, SCI6900 Experiences a Short-Term Surge of 400%
According to GMGN data monitoring, influenced by GMGN. AI founder Haze's holdings and statements, the new BSC coin "SCI6900" saw a surge in popularity within less than 2 hours of its launch, with a price increase of over 440%. The 6-hour trading volume has exceeded that of the meme coin "Xiuxian," with a market cap of 21 million US dollars and a current price of $0.021.
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Shiba Inu Tests Critical Support: Rally on the Horizon?📶
Shiba Inu is consolidating around the key support level of $0.00001170, showing stability as traders watch for a possible breakout from this base zone.
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🪙 Arthur Hayes says Bitcoin’s four-year cycle may break as new liquidity waves rise from the Fed and China
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🗞 October 9 2025 cryptocurrency news highlights
【Cryptocurrency】
Cryptocurrency Compliance Company CipherOwl Completes $15 Million Seed Round, Led by General Catalyst and Flourish Ventures
【Indicators】
GIGGLE experiences a brief spike of over 50%, with its market cap surpassing $175 million momentarily
【Economy】
BREAKING: 🇱🇺 Luxembourg Sovereign Wealth Fund allocates 1% of its portfolio to spot Bitcoin ETFs❗️
【Others】
Dogecoin Price Prediction: DOGE Targets $0.35, DeepSnitch AI Presale Explodes Past $330K🐶
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Cryptocurrency Compliance Company CipherOwl Completes $15 Million Seed Round, Led by General Catalyst and Flourish Ventures
CipherOwl, a crypto compliance startup founded by former Coinbase and Cruise employees, has completed a $15 million seed round of financing. The round was led by General Catalyst and Flourish Ventures, with participation from Coinbase Ventures, Enlight Capital, and other investment institutions.
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Source: Insider<br> Insider sources: CZ has met with SoftBank's Masayoshi Son in Tokyo, and both parties will continue to strengthen their collaboration
Regarding the news that "Cashless payment service provider PayPay (backed by SoftBank) has reached a cooperation agreement, with the latter acquiring 40% of Binance's Japan shares," crypto KOL AB Kuai.Dong stated, "It was previously revealed through various channels that CZ came to Tokyo to meet with the controlling person of the SoftBank Group, Masayoshi Son. This may be the first step in the collaboration between the two parties, with the latter recently showing intentions to invest in Tether, the parent company of USDT."
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Grayscale's Ethereum Spot ETF holds 857,600 ETH with a value of approximately $3.88 billion☄️
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Ethereum Foundation to launch privacy cluster, including Kohaku wallet and privacy SDK🔹
Ethereum has launched a new Privacy Cluster led by Igor Barinov to expand privacy-focused projects on the network. The initiative builds on the work of the Privacy Stewards of Ethereum (PSE) and aims to develop advanced privacy solutions for businesses and institutions, reflecting rising demand for privacy features across the Ethereum ecosystem.
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