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In brief Bitcoin dropped below $104K Tuesday morning, down 17.5% from its peak, amid a broad market sell-off. A DeFi crisis with $284 million in bad debt and macro fears is influencing the investors’ risk-off move, according to analysts. The leverage flush could reset the market for a more sustainable recovery, analysts told Decrypt. The cryptocurrency market extended Monday’s losses on Tuesday morning as Bitcoin slipped below $104,000, dropping to levels not seen since late June.At time of publication, the price of Bitcoin is $103,849, down 3.2% on the day, per data from CoinGecko.The sudden drop stems from a combination…

The onchain transactions of the exploiter behind the $116 million Balancer hack point to a sophisticated actor and extensive preparation that may have taken months to orchestrate without leaving a trace, according to new onchain analysis.The decentralized exchange (DEX) and automated market maker (AMM) Balancer was exploited for around $116 million worth of digital assets on Monday.Blockchain data shows the attacker carefully funded their account using small 0.1 Ether (ETH) deposits from cryptocurrency mixer Tornado Cash to avoid detection. Conor Grogan, director at Coinbase, said the exploiter had at least 100 ETH stored in Tornado Cash smart contracts, indicating possible…

Solana (SOL) has dropped by 5.3% in the past 24 hours, extending its 30-day losses to over 27%. It’s one of the biggest large-cap losers this week, showing how bearish pressure has intensified.But while Solana’s structure remains weak, a few on-chain and derivatives signals hint that the downside could now be limited.Sponsored Crossovers Confirm the Bearish SetupSolana’s breakdown from the rising wedge pattern confirmed the bearish turn. But the problem deepens as two bearish crossovers are forming on the daily chart.A bearish crossover happens when a short-term Exponential Moving Average (EMA), a trend indicator that gives more weight to recent…

The cryptocurrency market faced heavy turbulence over the past 24 hours, with total market capitalization falling by 4%. The downturn led to more than $1.3 billion in liquidations, primarily from long positions. While most suffered steep losses, one trader’s short bets have paid off. The whale is now sitting on over $36 million in unrealized gains.Sponsored SponsoredCrypto Liquidations Exceed $1 Billion as Market SlidesThe cryptocurrency market took a significant hit in October, exacerbated by the tariff-driven crash. And even though the “red October” is over, November has begun on an equally grim note, showing little sign of recovery so far.…

Michael Burry and Warren Buffett, two icons of market caution, are flashing red signals for November. Burry is once again betting against Wall Street, while Buffett’s favorite valuation gauge just hit its highest level in history.Together, their moves are sending a powerful warning that financial markets may be entering dangerous territory, with crypto already feeling the pain.Sponsored Michael Burry’s “Wildest” 13F YetThe Short Bear, a pseudonymous trader and analyst, has described Michael Burry’s latest 13F filing as his wildest yet. The filing, submitted more than a week earlier than usual, shows Burry executing aggressive short positions reminiscent of his strategy…

[PRESS RELEASE – Los Angeles, USA, November 4th, 2025] Mevolaxy, a US-based mevstake platform, has released an intuitive mobile app to provide an easy solution for users who prefer managing their assets on the go. Additionally, the company announced that the latest investor payouts have set another record after the one set in June. These two developments highlight Mevolaxy’s commitment to providing maximum user convenience as part of its community-centric approach. Mevolaxy specializes in developing MEV bots and subsequently using them within the Mevstake system. Mevstake is the platform’s proprietary technology that locks in the user’s staking terms for the…

Balancer, the popular Automated Market Maker (AMM) and decentralized liquidity protocol, suffered a major hack early Monday morning around 9:30 a.m. UTC.Attackers drained about $128 million in crypto across several chains, due to a bug in Balancer V2’s vault system. What Happened To Balancer?The Balancer V2 vault acts as a central hub for liquidity, holding tokens for all Balancer pools. A specific function – manageUserBalance – didn’t properly check permissions, allowing attackers to withdraw funds they didn’t own.Security teams from PeckShield, Cyvers, and Decurity spotted the issue and traced it to faulty access controls. The attackers started on Ethereum, then moved on to…

XRP trades at $2.51 after breaking a 7-year pattern. Analysts expect more gains as ETF news and accumulation signal continued strength. Ripple’s XRP is trading at $2.51 at press time, showing a slight increase over the past 24 hours. The price action follows a major breakout from a long-term technical pattern that had kept the asset in a range for seven years. Since that move, XRP has been trading within a defined range, with strong interest holding it above previous resistance levels. Breakout From Long-Term Chart Pattern XRP recently moved above the upper trendline of a symmetrical triangle that…

Zcash price is extending its explosive rally, climbing 14% today and pushing monthly gains past 200%. The privacy token (ZEC) has surged more than 1,130% in the past three months, one of the sharpest recoveries in the market. While indicators still flash bullish momentum, leverage-heavy trading could make the road to higher targets — including $1,567 — far from risk-free.Sponsored SponsoredHidden Bullish Divergence Keeps Zcash Rally Intact?Between October 3 and October 30, ZEC’s price formed a higher low, while the Relative Strength Index (RSI) — a tool that tracks buying and selling strength — created a lower low. This is…

Figure Heloc is once again the top gainer today. Bitcoin’s price instability continued in the past 24 hours as the asset failed at over $111,500 and slipped back down to familiar territory of around $110,000. Most altcoins are with minor gains within the same timeframe, aside from TAO and ZEC, which have exploded by double digits, and Figure Heloc, which has skyrocketed by more than 300%. BTC Unstable at $110K The macro perspective received several positive news in the past ten days or so, starting from the lower-than-expected inflation numbers for September announced last Friday. Then, the US Federal…