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Crypto Market Faces Turmoil as Bitcoin Dives Below $104,000
Crypto Market Faces Turmoil as Bitcoin Dives Below $104,000

In Brief Bitcoin and major altcoins saw significant drops, marking a "Bloody Friday." Key global events such as US-China relations heavily impacted the crypto market. Investors' confidence fell as the market lost approximately $500 billion last week.

Cointurk·2025/10/18 13:39
Flash
05:33
Lighter founder hints at introducing Turing-complete ZK circuits
BlockBeats News, on December 29, Lighter founder vnovakovski posted on social media, hinting at the possible introduction of Turing-complete zero-knowledge circuits in the future to support more complex custom logic. The community believes that if this direction is realized, it could open up new design space for Perp DEX in terms of privacy, efficiency, and functional flexibility, further raising expectations for Lighter's technical roadmap.
05:26
Solana releases 2025 year-end report: annual DEX trading volume surpasses $1.7 trillion, ETF total size exceeds $766 million
ChainCatcher News, Solana officially released the final weekly report of 2025, providing a systematic review of the ecosystem's progress throughout the year. According to the review, Solana accelerated its expansion in 2025, launching thousands of new products and collaborative projects over the year, and achieved breakthrough progress in prediction markets (Phantom, Solflare), flexible fee payments (Kora), as well as various tokenized asset tools.
05:21
A Whale Flips Long to Short, Opening a Short Position of Over $91 Million in Major Coins
BlockBeats News, December 29, according to monitoring, a whale closed its long positions for BTC, SOL, and ZEC today, then began opening short positions. Current positions are as follows: Short $47.8 million worth of BTC at 20x leverage, average entry price $88,959.5, with a floating loss of $632,000; Short $32.56 million worth of ETH at 18x leverage, average entry price $3000.61, with a floating loss of $365,000; Short $10.68 million worth of SOL at 20x leverage, average entry price $128.52, with a floating profit of $11,000.
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