Crypto News
Crypto Daybook Americas: A Bizarre $5.4B Loss Has Left Investors Devastated
By Omkar Godbole (All times ET unless indicated otherwise)The new week is off to a silent start as bitcoin looks to establish a foothold above the trendline, characterizing the downtrend line from record highs, with $86K emerging as resistance over the weekend. FLR, TRX and SOL beat the broader market, while the RWA protocol Mantra's OM token tanked during the Asian hours.Mantra blamed the 90% crash to 70 cents on forced liquidations on crypto exchanges, while blockchain sleuth Spot On Chain pointed to a significant movement of coins to crypto exchange OKX three days before the crash. Meanwhile, OKX's CEO Star Xu called the OM token collapse a major scandal for the entire crypto industry, stressing that all on-chain data is publicly...
Ethereum Drives Highest Daily Liquidations on Aave V3 Since February Amid Market Volatility
This past week, Aave V3 on the Ethereum mainnet experienced its highest daily liquidations since early February, coinciding with significant market volatility. According to Galaxy Research, approximately $98.6 million in collateral was liquidated between April 6 and 7, following a similar trend earlier in the year when around $211.2 million was liquidated during the initialSource link
Harvard-led Study Reveals Bitcoin Mining Spreads Air Pollution Interstate
New research shows that crypto mining operations generate harmful pollutants, affecting communities hundreds of miles away.Source link
JAN3 CEO Samson Mow: Adoption Is Accelerating, US Purchases to Ramp up This Year
JAN3 CEO Samson Mow believes that the adoption process of bitcoin by nation-states is imminent, declaring that it might even start this year. At a recent podcast, Mow stated that the notion that bitcoin adoption could take 20 or 30 years was outdated. “If you look at everything that’s happening in the world today, theSource link
Ray Dalio Sounds the Alarm on Global Systemic Risk, But Bitcoin Remains Resilient
Ray Dalio is sounding the alarm — not just about a potential recession, but about a deeper, systemic breakdown of the global economic and political order in an interview with CNBC on Sunday. His concerns aren’t just about market volatility; they point to a broader structural fragility.Interestingly, bitcoin (BTC) has been showing resilience amidst the chaos. The digital asset has broken a three-month downtrend and is approaching $85,000, signaling it may be stepping into a role as a potential alternative safe haven.Mixed signals continue from the White House on tariffs, adding to the growing uncertainty weighing on global markets. As a result, markets continue to be extremely volatile especially over the past two weeks as Trump’s tariff policies take hold....