Ethena’s synthetic dollar lost its dollar peg on Friday after crashing to $0.65 on Binance, wiping out investor confidence in what was marketed as a stablecoin with yield. The stablecoin, USDe, was built to stick to the value of the US dollar. However, the brutal market selloff hit every corner of the crypto market, making…
The cryptocurrency market has recently experienced a notable correction. While such events often cause volatility for short-term participants, seasoned investors often view them as strategic periods for accumulation. As tokens like XRP, Cardano (ADA), and Binance Coin (BNB) pull back after periods of upward momentum, investor attention is shifting toward passive earning mechanisms like staking. This movement highlights projects…
BNB (Binance Coin) is showing resilience as bulls defend key support levels following a strong rally earlier this month. While… For the full story, head over to TheCurrencyAnalytics.com.
The US Senate has advanced sweeping AI legislation under the National Defense Authorization Act, compelling chipmakers to serve US customers first before exporting advanced processors abroad. On Thursday, senators passed the Guaranteeing Access and Innovation for National Artificial Intelligence Act of 2026, or GAIN Act, as an amendment to National Defense Authorization Act, requiring AI and high-performance…
XRP clawed back losses in Friday’s chaotic trade, rebounding from a 41% collapse to close above $2.47 as institutional bids rebuilt following panic liquidations. The session’s $1.14 range — from $2.77 down to $1.64 — was one of the widest in XRP’s 2025 trading history, driven by macro-led deleveraging and heavy futures liquidations across major…
A scammer has bagged $430,000 from shilling a memecoin to his followers after getting a comment from Binance founder Changpeng Zhao. The scammer shilled a memecoin called Shanghai Composite Index, with the ticker SCI6900, which was created on the BSC chain four days ago. According to on-chain crypto analyst Dethective, the scammer, SmokezXBT, rugged his…
On October 11, 2025, the cryptocurrency market experienced significant price movement following the announcement of new tariffs and export restrictions by U.S. President Donald Trump. This event led to a substantial volume of leveraged positions being liquidated across the global market. While this volatility can be unsettling, market veterans view such corrections as necessary to…
Bitcoin continues to command attention in the crypto space, maintaining upward momentum despite the market’s natural fluctuations. The digital asset… For the full story, head over to TheCurrencyAnalytics.com.
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…
The crypto market experienced its largest liquidation event ever on Friday night U.S. time, forcing out leveraged bullish bets worth $16 billion across bitcoin BTC$112,180.62, ether ETH$3,836.67, XRP$2.4674, solana SOL$184.49, and the broader altcoin market. Several altcoins have crashed between 20% to 40% as the market recoiled. Naturally, bulls may be wondering whether the recovery…
