64% Flash Crash as DeFi Protocol Endures ‘Largest Stress Test’

The native token of Aave AAVE$240.72, the largest decentralized crypto lending protocol, was caught in the middle of Friday’s crypto flash crash while the protocol proved resilient in a historic liquidation cascade. The token, trading at around $270 earlier in Friday, nosedived as much as 64% later in the session to touch $100, the lowest…

Three Bitcoin Price Charts to Watch After Record $5.39B BTC Liquidation

Key takeaways: Bitcoin’s broader uptrend and on-chain data suggest the market remains in an expansion phase. Strong dip-buying by “sharks,” and key trendline support point to another BTC rebound. Bitcoin (BTC) attempted to recover a day after traders witnessed the biggest single-day wipeout on record, with over $5.39 billion in leveraged positions liquidated in 24…

Crypto.com CEO Urges Probe After $20B Liquidations

Crypto.com CEO Kris Marszalek has called for a regulatory investigation into exchanges that suffered the largest losses following a record $20 billion in crypto liquidations over the past 24 hours. In a Saturday post on X, Marszalek urged regulators to “conduct a thorough review of fairness of practices,” asking whether trading platforms had slowed down,…

Here’s what happened in crypto today

Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation. Source link

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

Mike Novogratz’s Galaxy Digital has secured a $460 million private investment from one of the world’s “largest asset managers” to accelerate the transformation of its former Bitcoin mining site in Texas into an AI data center. The deal involves the purchase of 12.77 million Class A shares at $36 per share, with the proceeds earmarked…

Fundstrat Forecasts Ether Rally To $5,500 After Brief Dip

Financial research and analysis firm Fundstrat says Ether (ETH) could fall to $4,200 within days before heading higher and eventually rallying to $5,500.  “I do not make much of crypto weakness in recent days, and expect ETH likely bottoms out over the next 1-2 days before heading back higher,” said Fundstrat Global Advisors managing director…

Kalshi Raises $300M To Expand Platform Worldwide

Today in crypto, Bitcoin’s price may experience more volatility in the coming days, major banks including Bank of America, Goldman Sachs, Deutsche Bank and Citi are entering the stablecoin race. Meanwhile, prediction platform Kalshi secured $300 million for a global expansion. Bitcoin may get ‘dragged around a bit’ amid Trump tariff fears: Exec Swan Bitcoin…

Bitcoin‘s Classic Pattern Hints at BTC Price Rally Toward $500K

Key takeaways: Strong ETF inflows and accumulation across all BTC investor groups suggest the rally is just getting started. Spot Bitcoin ETFs saw $2.2 billion in net inflows over one week, the second-largest ever. A rare “cylinder” chart pattern suggests $450,000-$500,000 is in play this cycle. Bitcoin (BTC) traded with high volatility on Thursday as…

Bitcoin and Altcoins Will Fall Further, Warns New Crypto Price Prediction

Key points: Bitcoin and altcoins reel from the biggest liquidation event in crypto history. BTC price action fails to stage a rebound from multi-week lows, with $100,000 getting closer. Crypto is beginning a “cleanse” of bull-market euphoria, a trader says. Bitcoin (BTC) pressured $110,000 support on Saturday as the dust settled on a record $20…

Bitcoin and Altcoins Will Fall Further, Warns New Crypto Price Prediction

Key points: Bitcoin and altcoins reel from the biggest liquidation event in crypto history. BTC price action fails to stage a rebound from multi-week lows, with $100,000 getting closer. Crypto is beginning a “cleanse” of bull-market euphoria, a trader says. Bitcoin (BTC) pressured $110,000 support on Saturday as the dust settled on a record $20…