Bitget App
Trade smarter
News
Stay up to date on the latest crypto trends with our expert, in-depth coverage.
1Bitget Daily Digest（October 11）｜Trump Announces 100% Tariffs on China, Triggering Market Turmoil; Crypto Industry Liquidations Exceed $19.1 Billion in 24 Hours, Setting New Record.2Bitcoin slump may rebound up to 21% in 7 days if history repeats: Economist3US–China Tariff Fears Hit Bitcoin Treasury Stocks
JPMorgan Report Shows Grim Truth About RWA Tokenization
RWA tokenization, once viewed as a promising sector in crypto, is underperforming expectations according to a JPMorgan report. With a market cap of $25 billion, the majority of investments come from crypto-native firms, while traditional finance institutions show waning interest. Despite initial hype, the sector's growth remains slow, raising concerns about its future.
BeInCrypto·2025/08/07 15:57
Fed Explores Gold Revaluation Methods as U.S. Considers Strategic Bitcoin Reserve
Cryptonewsland·2025/08/07 15:55
Ripple CTO Responds to Claims Over XRP ICO and Ledger Centralization
Cryptonewsland·2025/08/07 15:55
Trump Authorizes Cryptocurrencies and Private Equity in 401(k) Plans
Portalcripto·2025/08/07 15:55
Greenidge to sell Mississippi mining unit for $3,9 million
Portalcripto·2025/08/07 15:55
Union Jack Oil Plans Bitcoin Mining with Natural Gas in the UK
Portalcripto·2025/08/07 15:55
Trump's Tariffs Raise US Bitcoin Mining Costs by 21%
Portalcripto·2025/08/07 15:55
Parataxis Closes $640 Million SPAC, Expands Bitcoin Treasury
Portalcripto·2025/08/07 15:55
Altcoin Market Trend Breaks 8-Year Resistance
Altcoin market reclaims 8-year trendline, signaling a strong bullish trend on higher timeframes.Higher Timeframes Tell the Bigger StoryWhat Comes Next for Altcoins?
Coinomedia·2025/08/07 15:50
Ripple vs SEC: Will XRP Appeal Withdrawal End the Case?
Ripple may withdraw its SEC appeal today. Could this finally bring the XRP legal saga to a close?What This Means for XRP and the MarketA New Chapter for Ripple?
Coinomedia·2025/08/07 15:50
Flash
- 12:43Analysis: The Impact of the Crypto Market "10.11 Flash Crash" May Take Several Days or Even Weeks to Fully EmergeChainCatcher news, according to Wallstreetcn, after the "10.11 flash crash," the crypto market has begun to recover some of its losses, but the full impact of the event may take days or even weeks to fully manifest. Several industry insiders shared their views: Edward Chin, CEO of crypto hedge fund Parataxis, said he suspects that in the coming days or weeks, there will be news of some funds being liquidated or market makers suffering heavy losses. Caroline Mauron, co-founder of Orbit Markets, pointed out that the next major support level for bitcoin is at $100,000. A drop below this level would mark the end of the bull market cycle of the past three years. Vincent Liu, CIO of Kronos Research, believes that this plunge was triggered by tariff concerns but was exacerbated by excessive institutional leverage, highlighting the close connection between cryptocurrencies and the macroeconomy.
- 11:47Venus: Users affected by the WBETH depegging on October 11 will be compensated through the Protocol Risk FundChainCatcher News, Venus Protocol stated on its social platform that some Venus users were affected by the WBETH price depegging during the market liquidation period. Venus Labs will use the protocol risk fund to compensate verified users who suffered losses due to the WBETH depegging issue that occurred between 5:36 and 6:16 on October 11, 2025 (UTC+8).
- 11:29ZachXBT: Currently, it is only known that Garrett Jin appears to have started collaborating with whales whose assets reach several billions.Jinse Finance reported that on-chain detective ZachXBT posted, "There are still too many unknown factors regarding the high-profile BTC whale who swapped to ETH, and I cannot draw a conclusion that I am willing to publish. All the currently discussed posts are actually exaggerated versions of immature theories. What is known is: Garrett Jin / Exe appears to have started collaborating with a Chinese whale, whose ten-figure funds had remained dormant on-chain until recently."