Articles for author: viralnado

October 11, 2025

viralnado

Crypto Markets Brace for Gradual Bottoming After Record $16 Billion Liquidation

The cryptocurrency market faced an unprecedented liquidation event on Friday night (U.S. time), triggering the forced unwinding of leveraged bullish positions valued at approximately $16 billion. This massive sell-off spanned major coins including Bitcoin (BTC), Ether (ETH), XRP, Solana (SOL), and other altcoins, many of which plunged between 20% to 40% as the market sharply declined. Following such a significant downturn, traders and investors are keen to understand the likely recovery trajectory for digital assets. Industry experts suggest that, instead of a rapid rebound, the path to recovery may be gradual and involve several distinct phases. Phase One: Market Bleed

October 11, 2025

viralnado

Crypto Markets Face Deeper Declines Following Historic $20 Billion Liquidation

The cryptocurrency market is grappling with intensified downward pressure after experiencing the largest liquidation event in its history. Bitcoin (BTC) and a broad range of altcoins have failed to recover from recent multi-week lows, signaling a potential further drop in prices. On Saturday, Bitcoin tested the critical $110,000 support level, continuing the aftermath of a staggering $20 billion worth of liquidations. According to data from Cointelegraph Markets Pro and TradingView, BTC/USD has struggled to regain momentum following its decline to three-week lows on the Bitstamp exchange. The recent surge in market nervousness has been influenced in part by escalating tensions

October 11, 2025

viralnado

Safe Labs Takes Direct Control of Safe Wallet to Boost Governance and Ecosystem Growth

Safe Labs, a wholly-owned subsidiary of the Safe Foundation, has announced a significant restructuring of the widely used Safe Wallet platform, with the goal of enhancing its reliability and governance. Safe Wallet, a decentralized multi-signature wallet boasting over 4.5 million monthly active users, will now operate under the direct management of Safe Labs, marking a pivotal change in its operational framework. This transition was shared by Safe co-founder Lukas Schor on October 10 via a post on X, formerly Twitter. Schor highlighted that bringing the Safe Wallet platform directly within the Foundation’s control will allow the project to explore new

October 11, 2025

viralnado

Crypto Market Turmoil Wipes Out $16B in Long Positions Amid Trade Tensions

The cryptocurrency market experienced significant upheaval early Friday as a sharp sell-off erased over $16 billion in long positions. This dramatic downturn was triggered shortly after U.S. President Donald Trump announced the possibility of imposing 100% tariffs on Chinese imports via a post on Truth Social, escalating fears of an intensifying trade conflict. The announcement sparked a global risk-off sentiment that reverberated across multiple asset classes, hitting digital currencies particularly hard during Asia trading hours. The sell-off resulted in Bitcoin briefly falling below $110,000—a 10% decline within 24 hours—before partially rebounding to $113,294. Ether also dropped, touching lows near $3,844.

October 11, 2025

viralnado

Historical Data Suggests Bitcoin Could Rally After Recent Sharp Decline

Bitcoin’s recent price drop might be followed by a significant rebound, according to historical trends observed in previous Octobers. Economist Timothy Peterson highlighted on social media that Bitcoin’s price declines exceeding 5% during October are rare, having only occurred four times in the last decade. Peterson identified these notable drops in October 2017, 2018, 2019, and 2021. In the subsequent week following each decline, Bitcoin demonstrated varied recoveries: a 16% rise in 2017, a 4% uptick in 2018, and a remarkable 21% surge in 2019. The exception was in 2021, when Bitcoin’s value continued to slip by an additional 3%

October 11, 2025

viralnado

Examining Fox News’ Coverage of Inflation Amid Tariff-Induced Economic Pressures

The recent video title, “How Fox News is dealing with super-inflation due to tariffs: talk about it as if it has nothing to do with Trump,” raises provocative questions about media narratives surrounding inflation and trade policy in the United States. In the face of rising consumer prices and economic uncertainty, the role of tariffs—particularly those implemented during the Trump administration—has come under scrutiny by economists, politicians, and journalists alike. Throughout President Donald Trump’s tenure, his administration imposed a series of tariffs on imports from countries such as China, aiming to protect American industries and reduce trade deficits. While these

October 11, 2025

viralnado

Fox News and the Narrative Surrounding Inflation and Tariffs in the Trump Era

The recent discourse on inflation in the United States has sparked intense debate over its causes and the political narratives surrounding it. A striking point of discussion involves how some media outlets, particularly Fox News, address the issue of “super-inflation” in the context of tariffs implemented during the Trump administration. The video title “How Fox News is dealing with super-inflation due to tariffs: talk about it as if it has nothing to do with Trump” suggests a critical examination of how these narratives may be shaped or framed by partisan perspectives. Tariffs, especially those introduced between 2018 and 2019, were

October 10, 2025

viralnado

Crypto Markets Tumble Amid Trump’s New Tariffs, Bitcoin Dips Below $106K

The cryptocurrency market experienced a sharp decline on Friday evening following U.S. President Donald Trump’s announcement of new tariffs targeting Chinese imports. Bitcoin (BTC) led the downturn, briefly falling below $106,000 for the first time in recent weeks. Bitcoin dropped approximately 12% to a low of $105,896, while Ethereum (ETH) slid nearly 17%, dipping beneath the $3,600 mark. This significant sell-off was accompanied by a broad risk-off sentiment across the crypto landscape. Major altcoins echoed the downward trend, which pulled the total cryptocurrency market capitalization down by roughly 15%, descending to $3.59 trillion based on data from CoinGecko. XRP was

October 10, 2025

viralnado

Trump’s New China Tariffs Trigger Sharp Crypto Sell-Off, Bitcoin Drops 12%

The cryptocurrency market experienced a significant downturn on Friday following a late-morning announcement by U.S. President Donald Trump, who declared a 100% tariff increase on Chinese imports starting November 1. This unexpected development drove widespread selling pressure across major digital assets, causing prices to plummet in a rapid decline. Bitcoin (BTC), which had already weakened from approximately $117,000, fell below the $110,000 mark, representing a 12% drop within 24 hours. Ethereum (ETH) declined even more sharply, slipping below $3,700 with a 16% decrease. Other prominent cryptocurrencies endured substantial losses, with XRP, Solana (SOL), and Dogecoin (DOGE) tumbling between 20% and

October 10, 2025

viralnado

Trump Imposes 100% Tariffs on China, Bitcoin Dips Below $110K Amid Market Turmoil

On Friday, former U.S. President Donald Trump declared a sweeping 100% tariff on Chinese goods, a move that significantly impacted global markets and sent Bitcoin (BTC) prices falling beneath the $110,000 mark. According to Trump’s announcement on Truth Social, the tariffs are a direct reaction to China’s plan to enforce broad export restrictions on essential commodities, particularly rare earth minerals. These minerals are critical for manufacturing semiconductors and advanced electronic components. Trump highlighted the severity of the situation, stating, “It has just been learned that China has taken an extraordinarily aggressive position on Trade in sending an extremely hostile letter