Ethereum's price plunged 10% on June 5, leading a broad altcoin sell-off that pushed total altcoin market capitalization below $880 billion. Zcash fell over 40% after an AI-discovered security flaw in its Orchard shielded pool was revealed, causing panic and a loss of its top privacy coin status to Monero. The exploit highlighted potential weaknesses in zero-knowledge proof privacy tech, sparking debate about alternatives like fully homomorphic encryption. Despite a patch, the market remains shaken, with Ethereum down nearly 22% over the week and significant leveraged losses wiped out.
Cardano's ADA cryptocurrency has plunged to its lowest price since 2021, trading at $0.18 after losing nearly 73% of its value in 12 months. The decline is driven by failing decentralized finance (DeFi) tools and broad market liquidations affecting a...
A previously inactive wallet sold 10,000 ETH for $17.72 million USDC, highlighting a broader risk-off trend with $3.5 billion exiting stablecoins this week. Ethereum is correcting over 33% from its peak, testing key $1,500 support, while its RSI hits...
Bitcoin fell below $60,000 for the first time since October 2024, experiencing its worst weekly performance since November 2022 amid growing market anxiety. Over $1.56 billion in trader liquidations occurred in 24 hours, while spot Bitcoin and Ethere...
Bitcoin fell below the key $60,000 level after Mt. Gox began repaying creditors by transferring over 47,000 BTC from cold storage, sparking a sharp selloff. This move caused Bitcoin to drop nearly 7% in 24 hours and triggered $664.5 million in crypto...
Bitcoin fell below $60,000 for the first time since 2024, breaking its 200-week moving average and triggering a wave of liquidations worth nearly $1.6 billion in 24 hours. Most losses hit retail investors, especially on Binance, where a $13.31 millio...
