Bitcoin Craters to $100K as $837M in Crypto Positions Vanish
On Thursday, bitcoin dipped to $100,426, shedding nearly 4% of its value in a single day.
Bitcoin (BTC) spent the day under pressure, sliding from just above $104,000 to about $100,500 per coin. While it hasn’t slipped beneath the six-figure line, the cryptocurrency has now held above $100K for 29 consecutive days—a record-setting stretch for the world’s most prominent digital asset. The decline sent altcoins tumbling as well, with many logging steep double-digit losses. According to coinglass.com, more than $100 million in BTC long positions were liquidated during the hour bitcoin hit the intraday low of $100,426. Altogether, roughly $837.15 million in leveraged bets—both long and short—were wiped out across the crypto market, with longs accounting for $770 million of the damage.
By 5:15 p.m. Eastern time, BTC is holding around the $100,739 range, for now.
Trump to Sell His Tesla, White House Says, as Feud With Musk Carries Risks for Both Men
Their blowup leaves President Trump with an ex-ally who could undermine him politically and Elon Musk facing the possible loss of billions in government contracts.
President Trump is getting rid of his Tesla and has no plans to call Elon Musk, two Trump administration officials said on Friday, as the acrimonious blowup of their partnership left both men — who lobbed online insults and threats at each other on Thursday — with a lot at risk.
A White House official who spoke on condition of anonymity because the person wasn’t authorized to speak publicly said Friday that the president planned to sell the red Tesla he said he bought in March.
Mr. Trump originally purchased the car to demonstrate his support for Mr. Musk amid a backlash over his role in the administration. Administration officials said Mr. Trump showed little interest in engaging with Mr. Musk, even after the billionaire signaled he would be open to de-escalating the fight.
Late Thursday, Mr. Musk backed off a threat to “immediately” decommission SpaceX’s Dragon spacecraft, which transports NASA astronauts and supplies to and from the International Space Station. A short time later, when Bill Ackman, the hedge-fund billionaire, posted on social media that the two men “should make peace for the benefit of our great country,” Mr. Musk responded, “You’re not wrong.”
For Mr. Musk, a prolonged feud with Mr. Trump could be hugely expensive. His companies, including SpaceX, have benefited from billions of dollars in government contracts and were positioned to receive billions more. Mr. Trump threatened on Thursday to end those contracts.
The feud is risky for Mr. Trump as well. Mr. Musk, the world’s richest person, who spent about $275 million to help elect Mr. Trump in 2024, had promised to give $100 million to groups controlled by the president’s team before the 2026 midterms. Those funds have yet to be delivered and are now very much in doubt.
Cryptocurrency Trading 101: What Tools Do Crypto Traders Need? A Full Review
Cryptocurrencies represent the birth of a financial revolution. For the first time ever, data and computational energy became valuable. Bitcoin is not only the world’s biggest computer, it’s also the most profitable asset of this age. Bitcoin is the mother of “the internet of money”, as Andreas Antronopoulos describes.
Following the birth of Bitcoin in 2008, cryptocurrency trading emerged. Only a few years later, one alternative currency after the other would enter the market. Now, speculators can trade tens of thousands of market pairs, against BTC, ETH, or simply USD.
How can you navigate yourself in this fast-paced environment? How do you find the newest and fastest-growing markets? How can you create an overview of all your exchange accounts?
This article outlines the most important tools you need to get started with trading cryptocurrencies. Tools that help you with creating an organized analytics, as well as a profitable decision making and strategy execution environment.
This trading 101 article is dedicated to making you feel less overwhelmed in the hectic crypto world and highlight the best way to trade cryptocurrency.
Security 101: The Impact of Cryptocurrency-Mining Malware
The Australian government has just recognized digital currency as a legal payment method. Since July 1, purchases done using digital currencies such as bitcoin are exempt from the country's Goods and Services Tax to avoid double taxation. As such, traders and investors will not be levied taxes for buying and selling them through legal exchange platforms.
Japan, which legitimized bitcoin as a form of payment last April, already expects more than 20,000 merchants to accept bitcoin payments. Other countries are joining the bandwagon, albeit partially: businesses and some of the public organizations in Switzerland, Norway, and the Netherlands. In a recent study, unique, active users of cryptocurrency wallets are pegged between 2.9 and 5.8 million, most of which are in North America and Europe.
But what does the acceptance and adoption of digital currencies have to do with online threats? A lot, actually. As cryptocurrencies like bitcoin gain real-world traction, so will cybercriminal threats that abuse it. But how, exactly? What does this mean to businesses and everyday users?
Exit Liquidity 101: Why You’re the Whale’s Meal in Every Crypto Rally
Crypto is a wild ride—a gold rush where fortunes flip overnight. But here’s the dirty secret: when the market moons, you might not be the miner striking it rich. You could be the gold itself, mined by the big players.
Welcome to "Exit Liquidity 101," where retail traders like you and me get chewed up by whales - those early investors with deep pockets and deeper tricks. This isn’t a conspiracy theory; it’s a playbook, and it’s running rampant in 2025. From Solana memecoins to overhyped Layer 1s, I’ve watched it unfold too many times to stay quiet. Let’s break it down, expose the traps, and figure out how to stop being the whale’s next meal.
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When trading cryptocurrencies on an exchange, you need to place orders to buy or sell. These orders tell the exchange what you want to do and under what conditions. Here's a breakdown of the most common order types: 1. Market Order What it is: Buy or sell immediately at the current market price. Use when: You want to execute quickly and don’t mind a little price slippage. Pros: Fast execution. Cons: You may get a worse price during volatility. > 🔹 Example: “Buy 1 BTC right now” — it will be filled at the best available price. 2. Limit Order What it is: Buy or sell at a specific price or better. Use when: You want price control and don’t need immediate execution. Pros: More predictable pricing. > 🔹 Example: “Sell 1 BTC at $70,000” — only fills if price hits $70K or higher. 3. Stop Order (aka Stop-Loss) What it is: An order that activates a market or limit order once a specific price is hit. Use when: You want to limit losses or lock in profits. Types: Stop Market: Turns into a market order when triggered. Stop Limit: Turns into a limit order when triggered. > 🔹 Example: “Sell BTC if it drops to $60,000” to prevent bigger losses. 4. Take-Profit Order What it is: Like a stop order, but aimed at locking in profits. Often used with stop-loss to automate both ends of a trade. > 🔹 Example: “Sell BTC at $75,000 to take profits if the price pumps.” 5. OCO Order (One Cancels the Other) What it is: A combo of a limit and a stop order. When one executes, the other is canceled. Use when: You want to set both a take-profit and stop-loss at once. > 🔹 Example: Set a limit sell at $75K and stop at $60K — only one will trigger. 6. Trailing Stop Order What it is: A dynamic stop-loss that follows the price as it moves in your favor. Use when: You want to let profits run but protect against reversals. > 🔹 Example: Sell if BTC falls 5% from its highest price since you entered.
Its Sounds Like V/s 🚨🚨🚨🚨 💻 Let's Have a look 👀 Navigating Centralized vs Decentralized Exchanges 🎥📨💹🫰🏻 CEXs are incredibly user-friendly. They’re great for beginners with easy sign-ups, simple interfaces, and fast fiat on-ramps. You also get higher liquidity, quick trade execution, and access to customer support if something goes wrong. Many offer advanced features like margin trading and stop-loss orders.
But CEXs come with downsides. You don’t actually control your crypto—your keys are held by the exchange. That means you’re trusting a third party. There’s also the risk of hacks, regulatory crackdowns, and potential withdrawal freezes.
DEXs, on the other hand, give you full control. You keep your keys, trade directly from your wallet, and don’t need to complete KYC on many platforms. They offer access to newer tokens and complete on-chain transparency.
Crypto Order Types 101: Brushing Up On Basics 🚨🚨🚨🚨 Lets Start 🫱🏻👇💻 💎 So you’ve created an account on a crypto exchange. You’re looking at the list of digital assets available for trading and the fluctuating numbers in the order book, and you begin to wonder how you can begin trading. Not to worry! 💎 In this Crypto Order Types 101 blog, we’ll give you a short guide on what you need to know about the basic crypto order types. 💎 Orders are commands that you send to an exchange to buy and sell cryptocurrencies. The different order types are market order, limit order, and stop order. 💎 Understanding different order types enables you to plan your trades effectively. 💎 When you want to start trading crypto, you need to know the different order types. 💎 Sending orders to an exchange to buy or sell cryptocurrencies can occur either instantly or until a condition is reached. 💎 Here are the different types of orders that you need to learn for you to begin trading any type of digital asset.
Market Order 🧬 Limit Order 🧬 Stop Order🧬
Having a solid understanding of the various types of orders is crucial for successful trading. Different order types provide tools for managing risk. By utilizing stop orders, such as stop-loss orders, you can limit potential losses by automatically triggering an order to sell if the price reaches a specified level.
Moreover, understanding different order types enables you to plan your trades effectively. By utilizing stop orders and limit orders, you can predefine your entry and exit points, take-profit levels, and risk thresholds. This allows for more systematic and organized trading, reducing the likelihood of impulsive and emotionally driven decisions.
How to turn $10 into $8000 in 30 days 🔥🤑🔥👇🏻👍🏻 In one day? This may seem unrealistic, but with the right mindset, a smart plan, and daily focus, it can be achieved mathematically. Let's start by explaining this: Challenge to turn $10 into $8000 Initial capital: $10 Target goal: $8349 Time frame: 30 days Required daily growth: 25% No luck. No noise. Just strategy, discipline, and compound growth. --- The three golden rules: 1. Discipline over emotion Don't chase winning candles. Don't sell out of fear. Stick to your strategy.
2. Ruthlessly double your profits Reinvest every profit. Let your gains compound daily. No withdrawals.
3. Make sure to show up daily One missed day breaks momentum. Stay active, stay focused. --- Why you might succeed: Accumulation is powerful. One smart trade a day is worth more than chasing random noise. Small daily wins = massive progress. But here's the truth: It's not easy. It's not guaranteed. Most people won't succeed at this - not because it's impossible, but because it requires extreme perseverance, risk management, and calm under pressure. --- Are you ready yet?
Add "I'm ready" if you accept the challenge. Teach a friend who needs a reminder. Save this - read it every morning.
WTC is the native cryptocurrency on the Waltonchain network. 🎐 WTC is used to create sidechains and provide staking rewards and is the network's primary form of value exchange. 🎐 Waltonchain (WTC) is building an ecosystem that melds blockchain, RFID technology, and IoT (Internet of Things). 🎐 Waltonchain Coin is the native cryptocurrency of the Waltonchain blockchain, a public blockchain designed for enterprise-level applications with an emphasis on the Internet of Things (IoT) and tracking radio-frequency identification (RFID) data for supply chain purposes. Waltonchain Coin is denominated by the ticker $WTC. 🎐 Waltonchain employs a proprietary Waltonchain Proof-of-Contribution (WPoC) consensus mechanism that combines components from Proof-of-Work (PoW), Proof-of-Stake (PoS), and Proof-of-Labor (PoL).
Airdrops can be a great way to receive free crypto, but staying safe is key.
Always verify the source before clicking any links—scammers often pose as legit projects.
Avoid connecting your wallet to unknown sites and never share your private keys or seed phrases.
Use a separate wallet for airdrops to reduce risk.
Crypto Airdrops Explained - A Complete Guide Discover the world of crypto airdrops and how they distribute free tokens.
Learn how to participate and benefit from these exciting opportunities.
Cryptocurrencies have transformed the way we perceive financial transactions and investments. However, the journey of understanding them involves various twists and turns.
One term that often leaves newcomers puzzled is "Crypto Airdrops". Yet, airdrops are an integral part of the crypto world that can offer unexpected rewards for those in the know.
In this blog post, we'll understand the concept of crypto airdrops, exploring what they are, how they work, and their significance in the crypto community.
The US Securities and Exchange Commission (SEC) has postponed deciding on whether to greenlight two proposed cryptocurrency exchange-traded funds (ETFs) holding Dogecoin and XRP.
SEC delays decision on Franklin Templeton’s spot XRP ETF to June 2025
SEC has extended the review period for Franklin Templeton’s spot XRP ETF filing to June 17, 2025. The Franklin XRP Fund is one of several crypto ETF proposals currently under review, including Ethereum, Dogecoin, and Solana ETFs. A Bloomberg analyst recently hinted a delay is procedural and does not signal rejection, as seen with earlier Bitcoin and Ethereum ETF approvals. XRP price dived below $2.30 within hours of the announcement, posting 3% losses on the day.
100 days: The US stock market's rollercoaster ride since Trump took office
President Donald Trump’s first 100 days have coincided with the stock market’s third-worst start to any presidency in US history, only behind Richard Nixon and Gerald Ford.
The US stock market soared after Trump’s reelection in November on hopes his administration would unleash a pro-business boom. The S&P 500 posted back-to-back gains of more than 20% the past two years, and many Wall Street analysts expected the business-friendly president would unlock the perfect environment to extend the historic bull run.
Yet 100 days into Trump’s presidency, Wall Street has been shaken by historic levels of uncertainty and volatility.
The S&P 500 slumped as Trump rolled out his plan for trade policy, hitting its lowest level of the year on April 8. While the market has regained some ground since, the S&P 500 is still below where it was before Trump unveiled his “reciprocal” tariffs.
Scroll on to see how the market has reacted during Trump’s first 100 days in office.
Bitcoin holds steady above $94k; will it break through $96k resistance?
The flagship cryptocurrency Bitcoin (BTC) continues to remain in a consolidation phase. Though it has been holding above $94,000 levels, Bitcoin faces resistance at the $96,000 level acting as a key resistance point.
At 10:38 AM on Tuesday, April 29, Bitcoin was quoted trading at around $94,362.99 levels, higher by 0.19 per cent. The world’s most popular cryptocurrency, which also has the largest market capitalisation, has a 24-hour trading volume of $31.77 billion. Bitcoin's market capitalisation stood at $1.87 trillion. Bitcoin has traded in the range of $93,498.21 to $95,598.49 in the last 24 hours, according to data from CoinMarketCap.
Most airdrops require little effort to participate. Here are some general steps:
Stay Updated: Follow your favorite crypto companies on social media, subscribe to their newsletters, and join their communities to stay updated about potential airdrops.
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Three Abu Dhabi Giants Plan Stablecoin Backed by UAE’s Currency 🫰🏻 Abu Dhabi's IHC, ADQ and FAB to launch dirham-backed stablecoin
Abu Dhabi entities IHC, ADQ and First Abu Dhabi Bank plan to launch a dirham-backed stablecoin, which will be fully regulated by the UAE Central Bank, aimed at easing payment solutions.
The stablecoin will operate on the ADI blockchain and will be issued by FAB, the UAE’s largest bank, subject to regulatory approval, a joint statement on Monday said.
This digital currency “will revolutionise the ease of making payments and doing business, both locally and globally”, the companies said.
It will be used as a “reliable digital currency” by consumers, businesses and institutions and also support emerging digital use cases such as machine-to-machine and artificial intelligence, they said.
“The launch of the stablecoin marks a pivotal step in our commitment to strengthening the UAE’s digital infrastructure ecosystem,” Mohamed Alsuwaidi, managing director and group chief executive of Abu Dhabi wealth fund ADQ,