Bears Lose $400M to Liquidations, Largest Since May, as BTC, ETH, SOL Spike Higher

While most Bitcoin holders are cashing out, a specific group—those holding between 1,000 to 10,000 BTC—are doubling down and buying more, according to fresh data from Glassnode. It’s a classic case of "smart money" moving against the crowd, suggesting some big players see value in the current market.

Editor’s Note: This isn’t just insider baseball for crypto nerds—it’s a signal worth watching. When smaller investors panic-sell but whales (the big holders) keep scooping up Bitcoin, it often hints at where prices might head next. Whether you’re invested or just curious, it’s a reminder that markets move on who’s buying, not just how many are selling.

RCADE Network's token took a nosedive, dropping 30% in value just a day after getting listed on big-name crypto exchanges like Binance Alpha and Bitget. The listing was supposed to be a win, but instead, investors saw their holdings shrink fast.

Editor’s Note: Crypto listings on major exchanges usually pump a token's price—so this drop is a head-scratcher. It could signal weak investor confidence, a broader market slump, or even a "sell the news" reaction. For gamers and traders in the Arbitrum ecosystem, it’s a reminder that hype doesn’t always equal gains.

Bitcoin Depot, a major crypto ATM operator, exposed the personal data of 27,000 customers in a breach that went undisclosed for more than a year. The company only recently filed a notice with the Maine Attorney General’s office, revealing that the leak was first spotted in June 2024. Bitcoin Depot blamed the delay on federal procedures and ongoing law enforcement involvement—but critics are questioning why affected users weren’t alerted sooner.

Editor’s Note: If you’ve used a Bitcoin Depot ATM in the past couple of years, your info might be floating around in the wrong hands. The company’s sluggish response raises red flags about transparency in crypto—especially when breaches involve financial data. It’s another reminder that even in decentralized finance, trust is fragile, and delays in disclosure can leave customers vulnerable.

Ethereum is having a moment—its price just shot past $2,800, marking a 6.4% jump as it approaches its 10-year milestone. The crypto hit a high of $2,816, showing strong momentum even in a volatile market.

Editor’s Note: This isn’t just another price bump—it’s a sign of Ethereum’s staying power as it nears a decade in the game. For crypto watchers, it’s a reminder that despite the hype cycles, major players like ETH can still rally, which could signal broader confidence in the market. Whether you’re a trader or just crypto-curious, it’s worth keeping an eye on.

Ant Group, the fintech giant backed by Jack Ma, is gearing up to add Circle's USDC stablecoin to its global blockchain platform—but only if U.S. regulators give the green light. This move signals a big step in bridging traditional finance with crypto, especially for cross-border transactions.

Editor’s Note: Stablecoins like USDC are becoming key players in global finance, and Ant Group’s potential adoption shows how major financial players are warming up to crypto—as long as regulators are on board. If this goes through, it could make international payments faster and cheaper, which matters for businesses and everyday users alike.