Author: admin

APIA, Samoa, Oct. 13, 2025 /PRNewswire/ — Phemex, the most efficient crypto exchange, announced its Halloween Futures Trading Festival, offering 200,000 USDT in rewards for traders participating between October 10 and October 31, 2025. The campaign is open to both first-time and experienced futures traders. The festival includes:First Futures Trade Reward — Users completing their first futures trade of 100 USDT or more receive a 200 USDT futures position voucher.Volume-Based Milestone Pool — A 70,000 USDT reward structure distributed across five trading volume tiers. Registration is open through October 31 at 10:00 UTC.…

Hong Kong, Hong Kong, October 13th, 2025, Chainwire ViaBTC, the third largest BTC mining pool, announced a major upgrade to its crypto loan offerings. The revamped Collateral-pledged Loan service now supports multiple cryptocurrencies as collateral and features a streamlined lending process, making it easier for miners to access liquidity. This enhanced service serves as a powerful tool for miners facing liquidity challenges in their operations. It allows users to borrow USDT for everyday expenses—such as electricity and equipment costs—without liquidating their crypto holdings, enabling them to capitalize on potential future price appreciation. Key updates include expanded collateral options (BTC, BCH,…

Singapore, Singapore, October 13th, 2025, Chainwire The world-renowned blockchain event, TOKEN2049 Singapore, successfully concluded at the Marina Bay Sands Expo and Convention Centre. As a leading compliant cryptocurrency exchange, Tapbit made a remarkable impression at the event, capturing the attention of global blockchain companies, investors, and media with its strong brand presence and innovative products. A Crowd-Pulling Booth and Cutting-Edge Innovations During the two-day event, Tapbit’s booth emerged as one of the most visited spots at the venue. Crypto enthusiasts, traders, and partners from around the world gathered to explore Tapbit’s latest advancements in regulatory compliance, security, perpetual contracts, spot…

NEW YORK, Oct. 13, 2025 /PRNewswire/ — Touareg Group, an international leader in finance, digital assets, and technology innovation, has announced the establishment of its U.S.-based subsidiary, Touareg Group Technologies Co. This strategic expansion represents a major step in the Group’s long-term growth strategy and demonstrates its commitment to building world-class infrastructure at the convergence of finance and emerging technologies. The new subsidiary will focus on artificial intelligence (AI), blockchain infrastructure, and digital asset exchange platforms, with a strong emphasis on the development of a next-generation cryptocurrency exchange. This exchange is designed to provide institutional-grade security, regulatory alignment, and advanced…

The Trump administration is reportedly “leaning toward a pardon” for Binance co-founder Changpeng “CZ” Zhao, who pleaded guilty to money laundering charges in 2024 and spent four months in prison. According to New York Post columnist and Fox correspondent Charles Gasparino, sources close to Zhao said that Trump insiders believe the case against CZ was “pretty weak, and certainly not something that merited a felony charge and jail time.”“Trump… is leaning toward a pardon (consider the source), which could set the stage for CZ’s return to the crypto exchange since he remains Binance’s largest shareholder,” he said, citing people close…

Tether CEO Paolo Ardoino said in a post on X on Sunday that “Bitcoin and Gold will outlast any other currency,” a minimalist line that aligns with how the stablecoin issuer has positioned parts of its reserves over the past two years.On May 17, 2023, Tether said it would regularly allocate up to 15% of net realized operating profits to purchase bitcoin for reserves, adding BTC to surplus rather than using it to back circulating USDT one-for-one. The company framed the move as strengthening its balance sheet with a long-term store of value. BTC and gold as parallel pillarsGold sits…

Image source: Shutterstock

xrp-price-prediction XRP (XRP/USD) is stuck near $2.38 and has dropped 3% in the last 24 hours as uncertainty grows. While Bitcoin and Ethereum have held above key levels, XRP is still shaky due to whale selling, ETF delays and overall risk aversion.The current market cap stands at $142.7 billion, ranking XRP fifth among major cryptocurrencies. The coin’s recent price weakness comes amid growing concern that Bitcoin’s consolidation below $112,000 could prolong XRP’s correction phase before any meaningful recovery begins.Whales Exit, ETF Delays Weigh on SentimentOver the past month, XRP’s largest holders offloaded more than 400 million tokens, roughly $1.25 billion…

Key takeaways:Friday’s Bitcoin price crash shows volatility persists in the spot BTC ETF era, with leverage and liquidity stress amplifying losses.Liquidations hit $5 billion as portfolio margin systems failed, highlighting risks of illiquid collateral assets.Bitcoin derivatives suggest market makers remain cautious amid low liquidity, insolvency rumors, and Monday’s US national holiday, leading to a partial market closure.Bitcoin (BTC) plunged by $16,700 on Friday, marking a 13.7% correction in less than eight hours. The sharp drop to $105,000 wiped out 13% of total futures open interest in BTC terms. Despite the steep losses and cascading liquidations, these figures are far from…

Auto-deleveraging is the emergency brake in crypto perpetuals that cuts part of winning positions when bankrupt liquidations overwhelm market depth and a venue’s remaining buffers, as Ambient Finance Founder Doug Colkitt explains in a new X thread.Perpetual futures — “perps” in trading shorthand — are cash-settled contracts with no expiry that mirror spot via funding payments, not delivery. Profits and losses net against a shared margin pool rather than shipped coins, which is why, in stress, venues may need to reallocate exposure quickly to keep books balanced.Colkitt frames ADL as the last step in a risk waterfall. In normal conditions,…