News
Stay up to date on the latest crypto trends with our expert, in-depth coverage.
Was the largest liquidation in history a deliberate attack?
In the cryptocurrency sector, holding positions and waiting is a slow form of financial suicide.
The crypto market is stabilizing after the Black Friday crash, and big money is making its move. Three altcoins crypto whales are buying — DOGE, SNX, and ASTER — are seeing strong accumulation, rising smart money signals, and breakout-ready chart patterns pointing to early recovery momentum.
Quick Take Summary is AI generated, newsroom reviewed. Bitmine purchased $480.7 million worth of Ethereum during the recent market crash. The Ethereum whale purchase boosted sentiment and triggered renewed optimism in a potential crypto market rebound. Analysts believe Bitmine is betting on Ethereum’s long-term value and blockchain utility. The move may signal stronger institutional involvement and the beginning of a fresh accumulation cycle.References BREAKING 🚨BITMINE BOUGHT $480.7 MILLION WORTH OF $ETH
October 10, 2025, proved the point: gold absorbed the panic, while crypto magnified it. The “digital gold” myth just met reality.
The AI competition is shifting from an algorithm-focused battle to a comprehensive struggle involving computing power, capital, and energy.
Despite the market’s recent turmoil, a trio of U.S.-origin tokens—ZEN, BAT, and SUPRA—are showing remarkable strength. Technical indicators across all three suggest growing accumulation and renewed investor confidence heading into mid-October.
- 14:13Spot gold hits a new all-time high againBlockBeats news, on October 16, spot gold continued to hit a record high, reaching $4,250 per ounce, up more than 1% during the day.
- 14:13Federal Reserve Governor Waller: If GDP remains resilient or the job market accelerates, the pace of rate cuts is expected to slow down.BlockBeats News, on October 16, Federal Reserve Governor Waller stated, "If GDP remains resilient or the job market accelerates, the pace of interest rate cuts is expected to slow down." (Golden Ten Data)
- 14:12The whale who opened a $140 million short position yesterday now holds over $100 million in ETH and BTC long positions.BlockBeats News, on October 16, according to on-chain analyst Ai Aunt (@ai_9684xtpa), the whale address that opened a $140 million BTC short position yesterday (which has since closed the short and gone long) now holds long positions in ETH and BTC totaling over $110 million ($114 million), including $71.83 million in ETH longs and $43.03 million in BTC longs, with a total unrealized loss of $400,000.