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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
Trump Backs Crypto & Real Estate in 401(k) Retirement Plans
Trump’s new order may add crypto and real estate to 401(k) retirement plans.ERISA Guidelines Under ReviewSEC and Treasury to Weigh Regulatory Changes
Coinomedia·2025/08/07 15:50
Tron Leads USDT Circulation After GENIUS Act Passes
Tron now holds 51% of all USDT after the GENIUS Act passed, triggering a $1B USDT mint on the network.What is the GENIUS Act and Why Does It Matter?Tron’s Expanding Role in Crypto Finance
Coinomedia·2025/08/07 15:50
ProShares Debuts 'Ultra CRCL' ETF, Letting Traders Double Down on Circle Stock
CryptoNewsNet·2025/08/07 15:45
AI Payments Breakthrough: Lava Payments Secures $5.8M for Next-Gen Digital Wallets
CryptoNewsNet·2025/08/07 15:45
PEPE Jumps 5% as Rate-Cut Bets and Whale Accumulation Drive Risk Asset Rally
CryptoNewsNet·2025/08/07 15:45
DOT Gains as Much as 4% in Strong Bullish Breakout
CryptoNewsNet·2025/08/07 15:45
Grok Ads: Elon Musk’s Strategic Move to Boost X Revenue with AI Integration
BitcoinWorld·2025/08/07 15:40
Truth Social AI: Perplexity-Powered Search Raises Alarming Questions on Bias
BitcoinWorld·2025/08/07 15:40
Crypto Whale’s Shocking $3 Million Loss After $29 Million Ethereum Trading Gains Vanish
BitcoinWorld·2025/08/07 15:40
SharpLink Ethereum Expansion: Massive $200M Boost for ETH Treasury
BitcoinWorld·2025/08/07 15:40
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."