Articles for category: Crypto

October 11, 2025

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AI-Driven Wearables Poised to Transform Privacy Norms in 2025

As wearable technology becomes increasingly integrated with artificial intelligence (AI), the way society approaches privacy is set to undergo a fundamental shift. Once limited to direct observation and traditional forms of surveillance, monitoring has evolved alongside technological advances—now expanding into a new era where wearable devices collect vast amounts of personal data continuously. Historically, surveillance was primarily visual, conducted by law enforcement and intelligence agencies relying on physical presence to gather information. In recent decades, this expanded to include digital surveillance methods such as satellite imagery, internet monitoring, and closed-circuit television (CCTV). Initial public resistance to these measures gradually diminished

October 11, 2025

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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

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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

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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

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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

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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 10, 2025

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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

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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

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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

October 10, 2025

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Crypto Markets Plateau Amid Rising Bets on Prolonged U.S. Government Shutdown

Cryptocurrency markets remain largely steady around a total valuation of $4.24 trillion as investors increasingly anticipate the ongoing U.S. government shutdown extending into November. On October 10, major digital assets are showing subdued price movements, with the majority of top cryptocurrencies posting modest weekly declines. Bitcoin (BTC) is trading flat both daily and weekly, holding slightly above $121,000 after retreating from its recent peak above $126,000. Despite this pullback, Bitcoin futures open interest remains elevated, a sign of heightened trader activity on both long and short positions. According to analytics provider Glassnode, the market is currently experiencing a leverage reset