Bloodbath on Crypto Street: Bitcoin Rout Triggers Billion-Dollar Liquidation Cascade
The crypto market was drenched in red on Friday as a violent sell-off liquidated nearly $2 billion from over-leveraged traders.
The crypto market was drenched in red on Friday as a violent sell-off liquidated nearly $2 billion from over-leveraged traders.
Cathie Wood’s Ark Invest purchased a total of $42.2 million in shares of Circle Internet Financial, Bullish, and BitMine Immersion Technologies on Wednesday, according to a trade filing.
BlackRock has taken a definitive step toward launching a staked Ethereum exchange-traded fund (ETF), registering the name “iShares Staked Ethereum Trust” in Delaware on Wednesday.
Kraken, the US-based cryptocurrency exchange, has taken a decisive step toward going public with a confidential IPO filing.
Lisbon, Portugal, 20th November 2025, Chainwire
In response to a massive, multi-year wave of electricity theft, Malaysian authorities are cracking down on illegal cryptocurrency mining operations that have cost utility giant Tenaga Nasional Bhd over $1 billion.
A fundamental schism in global financial regulation is forcing the Basel Committee to recalibrate its approach to cryptocurrency.

"A purely peer-to-peer version of electronic cash would allow online
payments to be sent directly from one party to another without going through a
financial institution." - Satoshi Nakamoto (Bitcoin White Paper)
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