Three wallets, one denial, and $5.7 billion in market cap gone in 48 hours. RaveDAO’s RAVE crashed 90% over 24 hours as crypto exchanges Binance and Bitget opened investigations into the trading activity that catapulted the token to a $6 billion market cap last week.… Read More
Morgan Stanley’s spot bitcoin exchange-traded fund (ETF) began trading Wednesday with solid early activity, logging more than 1.6 million shares traded and roughly $34 million in inflows, the bank said. The fund, listed under the ticker MSBT, tracks the CoinDesk Bitcoin Benchmark 4 PM New… Read More
Binance blamed the October 10 flash crash on a macro shock colliding with heavy leverage and evaporating liquidity, rather than any breakdown in its trading systems following speculative chatter on social media. In a report released Saturday, the exchange said global markets were already under… Read More
Brutal selloff breaks psychological $2.30 floor, erasing recent gains as distribution overwhelms historic XRPC debut. News Background XRP’s worst intraday decline in weeks coincided with a major industry milestone: the launch of the first U.S. spot XRP ETF, Canary Capital’s XRPC, now officially effective on… Read More
