📉Crypto crash explained

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Top Stories

BTC $55,490(-3.8%) | ETH $2,950 (-6.4%) | SOL $130 (-2.0%)

• Mt. Gox transfers $2.7B worth of Bitcoin out of storage to a new wallet — A repayments notice was briefly posted before being taken down

• There have been $650M in crypto liquidations in the last 24 hours, the most since the FTX collapse

• Tron founder Justin Sun offers to buy Germany’s Bitcoin OTC to prevent further market impact — Germany holds around $2.4B worth of Bitcoin

• Donald Trump pushes for Bitcoin as a US strategic reserve asset

• Bloomberg analysts target next week for Ethereum ETF approval as more S-1 filings are submitted

• Kucoin lists $MOG for spot trading

• FriendTech abandons plans to leave Base and diverts protocol fees back to traders, LPs, and club presidents

• Jupiter launches “Ape” which allows users to visualize and trade newly launched tokens

• A Fidenza sells for 20 ETH, the lowest sale since July 2021

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