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bitcoinist.com Over $1 Billion Liquidated in 24 Hours as Bitcoin and Altcoins Plunge Amid Market Meltdown

More than $1 billion in crypto positions were liquidated in the past 24 hours as a broad sell-off sent Bitcoin from above $109,000 toward $105,000, with intraday prints near $104,700 on some venues. Related Reading: Bitcoin Mining Crackdown: Laos To End Crypto Mining By Early 2026 CoinGlass figures show roughly $717.7 million in perpetual futures […]

bitcoinist.com Ripple-Backed Evernorth Targets $1 Billion Raise In US IPO For XRP Reserve

A new XRP treasury could be on the horizon, driven by Ripple-backed Evernorth’s plans for an initial public offering (IPO) in the US. Evernorth announced on Monday that it intends to go public on the Nasdaq through a merger with the blank-check company Armada Acquisition Corp II, projected to raise over $1 billion in capital. Evernorth’s […]

blockonomi.com Here’s Why the Crypto Market Is Down Today

TLDR: Bitcoin whales shifted 2,000 BTC in 24 hours, sparking concern over potential selling pressure in the market. ETFs and funds saw over $500M in weekly outflows, with $950M withdrawn from Bitcoin alone, showing liquidity weakness. Arkham reported a $10B whale shorting $122M in BTC after moving $540M to new wallets and exchanges. U.S.-China trade [...] The post Here’s Why the Crypto Market Is Down Today appeared first on Blockonomi.

news.bitcoin.com Kraken Wallet Analysis: Australians Favor Ethereum and Niche Tokens

Kraken has released an anonymized, aggregate analysis of millions of wallets on its platform showing Australian clients’ holdings and trading activity from August 2024–2025, comparing local trends with global averages. The report finds bitcoin held by 36.70% of Australian users (average AU BTC balance $17,409 vs $29,830 globally) and ethereum comprising 33.17% of the average […]