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Stay up to date on the latest crypto trends with our expert, in-depth coverage.

Perhaps the biggest profit from an attack in recent years?

Led by Sequoia Capital and a16z, Kalshi's valuation has soared to $5 billions.

A $60 million market sell-off resulted in a $1.93 billion market cap evaporation.

Leverage is not a profit multiplier, but simply a tool to improve capital efficiency.

The valuation of the US compliant prediction market platform Kalshi has surged to 5 billion dollars.

From a 14% premium to a 31% discount, see how Kerrisdale exposed the "premium private placement" lie.

In Brief XRP rises 8%, regains 30 billion dollars in market value. Dogecoin surges 11% with increased institutional entries. Observers watch key support and target levels for further price action.
- 11:03Post-00s trader 0xRay518 heavily shorted ETH, incurring a weekly loss of $4.31 millionBlockBeats News, on October 13, according to monitoring data, post-2000s trader Ray (X: 0xRay518) opened a new ETH short position three hours ago at an average price of $4,117, with a position size of approximately $1,365, currently facing an unrealized loss of about $140,000. According to further monitoring, this address closed BTC and HYPE long positions a day ago to cut losses, incurring a loss of $2.45 million, with the account recording a total loss of $4.31 million within a week. Previous trading records show that Ray once made a profit of $6 million with only $240,000 in principal within a month, with his highest single-day profit reaching 5.92 million USDC.
- 11:03Apple M5 chip may debut this week along with the launch of three new productsBlockBeats News, October 13, according to technology journalist Mark Gurman, Apple is likely to announce three new products online this week: the iPad Pro equipped with the M5 chip, Vision Pro, and MacBook Pro. This will mark the debut of the M5 chip.
- 11:03Analysis: The market undergoes overall deleveraging, key market indicators signal a long-term upward trendBlockBeats News, on October 13, CryptoQuant analyst EgyHash stated that the cryptocurrency market has experienced one of the most severe price corrections in its history, examining several key market indicators to assess its potential impact. After reaching a recent peak last week, Bitcoin open interest dropped sharply by $12 billion, from $47 billion down to $35 billion. This is one of the most significant contractions in futures positions in recent times. Funding rates have also gradually declined over the past few months and briefly turned negative during Friday’s market crash. Despite this decline, the rates subsequently rebounded to modestly positive levels, and market sentiment normalized again. It was observed that Bitcoin’s Estimated Leverage Ratio (ELR) dropped significantly, indicating that the derivatives market has undergone an overall deleveraging process. In addition, Bitcoin’s Stablecoin Supply Ratio (SSR) has fallen to its lowest level since April this year, a trend that suggests an increase in stablecoin liquidity relative to Bitcoin, which may signal enhanced potential buying power from over-the-counter markets. Overall, although the flash crash caused short-term pain, the recent collapse has effectively reset overall leveraged positions. Historically, such large-scale deleveraging events often herald significant long-term upward trends.