Bitcoin tumbles to $102,000 on Friday amid ‘macro whiplash,’ crypto betting platform Shuffle announces user data breach: Hodler’s Digest US President Donald Trump announced a 100% tariff on China on Friday, sending the price of Bitcoin reeling below $110,000 at the time of writing. Trump said the tariffs were in response to China attempting to place export restrictions on rare earth minerals, which are crucial for creating computer chips. Trump wrote on Truth Social: It has just been learned that China has taken an extraordinarily aggressive position on Trade in sending an extremely hostile letter to the World, stating that they were going to, effective November 1, 2025, impose large-scale Export Controls on virtually every product they make. Read more
Bitcoin tumbles to $102,000 on Friday amid ‘macro whiplash,’ crypto betting platform Shuffle announces user data breach: Hodler’s Digest US President Donald Trump announced a 100% tariff on China on Friday, sending the price of Bitcoin reeling below $110,000 at the time of writing. Trump said the tariffs were in response to China attempting to place export restrictions on rare earth minerals, which are crucial for creating computer chips. Trump wrote on Truth Social: It has just been learned that China has taken an extraordinarily aggressive position on Trade in sending an extremely hostile letter to the World, stating that they were going to, effective November 1, 2025, impose large-scale Export Controls on virtually every product they make. Read more
Bitcoin tumbles to $102,000 on Friday amid ‘macro whiplash,’ crypto betting platform Shuffle announces user data breach: Hodler’s Digest US President Donald Trump announced a 100% tariff on China on Friday, sending the price of Bitcoin reeling below $110,000 at the time of writing. Trump said the tariffs were in response to China attempting to place export restrictions on rare earth minerals, which are crucial for creating computer chips. Trump wrote on Truth Social: It has just been learned that China has taken an extraordinarily aggressive position on Trade in sending an extremely hostile letter to the World, stating that they were going to, effective November 1, 2025, impose large-scale Export Controls on virtually every product they make. Read more
Bitcoin tumbles to $102,000 on Friday amid ‘macro whiplash,’ crypto betting platform Shuffle announces user data breach: Hodler’s Digest US President Donald Trump announced a 100% tariff on China on Friday, sending the price of Bitcoin reeling below $110,000 at the time of writing. Trump said the tariffs were in response to China attempting to place export restrictions on rare earth minerals, which are crucial for creating computer chips. Trump wrote on Truth Social: It has just been learned that China has taken an extraordinarily aggressive position on Trade in sending an extremely hostile letter to the World, stating that they were going to, effective November 1, 2025, impose large-scale Export Controls on virtually every product they make. Read more
Bitcoin’s $16,700 drop on Friday triggered $5B in futures liquidations, exposing a fragile market structure and renewed volatility despite this year’s spot BTC ETF-driven optimism. Key takeaways: Friday’s Bitcoin price crash shows volatility persists in the spot BTC ETF era, with leverage and liquidity stress amplifying losses. Liquidations hit $5 billion as portfolio margin systems failed, highlighting risks of illiquid collateral assets. Read more
Interior Minister Mohsin Naqvi on Saturday night lauded the security forces after the Pakistan Army responded to unprovoked attacks by Afghan Taliban forces on border posts. Clashes between the two sides were reported in multiple areas along the Pak-Afghan border. “Firing by Afghan forces on civilian population is a blatant violation of international laws. Pakistan’s brave forces have given a prompt and effective response that no provocation will be tolerated,” said the interior minister in a post on X. “Pakistan’s forces are alert and Afghanistan is being answered with stones for bricks. The people of Pakistan stand with the brave armed forces like a lead wall. Afghanistan will also be given a befitting reply like India.” Earlier, security sources confirmed that Pakistani forces deployed at the international border “targeted several Afghan border posts”. There are reports of significant damage inflicted on multiple Afghan posts and militant formations, security officials added. Artillery, tanks, light and he...
The crash was caused by a perfect storm of short-term factors, causing $20 billion in liquidations — the worst 24-hour drain in crypto history. The sudden market crash on Friday, which caused some cryptocurrencies to decline by as much as 95% in under 24 hours, does not signal a long-term bearish outlook or deteriorating fundamentals, according to investment analysts at The Kobeissi Letter. Friday’s market meltdown was triggered by a perfect storm of short-term factors, including “excessive leverage and risk,” and US President Donald Trump’s announcement of 100% tariffs on China, the analysts wrote. The Kobeissi letter cited the market’s heavy long bias, with $16.7 billion in long positions liquidated compared to just $2.5 billion in short positions, a ratio of nearly 7:1. Read more