- RAREMINTS
- Posts
- ☠️ Bitcoin Dives Under $75,000 (New Kirin)
☠️ Bitcoin Dives Under $75,000 (New Kirin)
ALSO: Is Binance to blame for all this? 😤
Sponsored by
🧠 Today’s DYOR:
• Bitcoin crashes below $75K, Strategy cost basis
• OKX CEO says Binance caused the October 10 crash
• Infamous 'Hyperunit whale' exits entire ETH position for $250M loss
• The bull case for $MOLT
Let’s dive in.
📈 Market Indicator
👀 Trending
🚨 Bitcoin crashes below $75K, Strategy cost basis in $2B market-wide liquidation event
Bitcoin plunged over 7% in thin weekend trading, briefly dropping below $75,000 and triggering roughly $2 billion in market-wide liquidations. The move pushed BTC near its April 2025 low and below its true market mean, weakening short-term outlooks. Strategy’s 700,000 BTC treasury also slipped into the red versus cost basis.
😡 OKX CEO says Binance’s USDe yield campaign caused the October 10 crash
OKX CEO Star Xu blamed Binance’s high-yield USDe campaign for the October 10 crash that wiped $19 billion from crypto markets, calling it a leverage-driven failure. Binance, Ethena, and other experts rejected the claim, arguing BTC bottomed before any USDe depeg. The dispute highlights rising tensions among top exchanges over market fragility.
🪦 Infamous 'Hyperunit whale' exits entire ETH position for $250 million loss, left with $53 in account
The infamous “Hyperunit whale” has exited its entire ETH position on Hyperliquid, locking in a staggering $250 million loss. Once famous for earning $200 million by shorting BTC and ETH before the October 2025 crash, the account is now down to $53. The collapse highlights the extreme risks of leveraged crypto trading.
✉️ A Message From Kirin Wallet:
Trading shouldn’t be this hard.
Kirin Wallet makes it simple — trade crypto, stocks and prediction markets in seconds.
✅ AI-Powered Intelligence: Real-time sentiment analysis and live updates
✅ Zero Complexity: No-KYC, one app for everything
✅ High Commission: Earn up to 75% of trading fees from referrals
✅ Built for Everyone: Buy crypto with Apple Pay or Credit Card
🎁 LIMITED TIME: Early-Bird Reward
Be among the first 500 users to trade $500+ and earn a $15 USDT reward. T&C applies.
Download Kirin Wallet now on the App Store or Google Play.
Your next big win is waiting.
🌍 Industry News
Changpeng Zhao rejects claims Binance worsened crypto market crash [Read more]
Largest ETH DAT BitMine Immersion faces $6B paper loss as Ether sell-off deepens [Read more]
UAE firm bought 49% of Trump-linked crypto startup for $500M [Read more]
Sam Bankman-Fried ramps up Trump support following Ellison’s release [Read more]
Crypto exchanges sanctioned alongside Iranian officials in Trump administration's Iran crackdown [Read more]
Coinbase, crypto and bank organizations set to hash out stablecoin rewards at White House summit on Monday [Read more]
Trump names crypto-friendly Kevin Warsh as pick for Fed chair [Read more]
🚀 Projects
SOL DeFi platform Step Finance treasury wallets breached, $27M in SOL drained as STEP crashes 90% [Read more]
Amboss unveils Lightning-native P2P platform RailsX for bitcoin and stablecoin swaps [Read more]
ETH liquid staking Lido rolls out stVaults on mainnet with Day 1 users including Linea, Nansen and several institutional stakers [Read more]
World Liberty Financial crashes 30% amid Trump’s Canada tariff threats [Read more]
DeFi protocol Infinex token launches at $300M valuation [Read more]
ETH L2 MEGA premarket plummets ahead of mainnet launch [Read more]
Polkadot treasury posts first OpenGov profit as DOT price lags [Read more]
🔥 Trending Tokens
$ZK (+12%): ZKSync pumps on V-shape recovery [Read more]
$ZORA (-15%): Zora fully retraces move as traders cash-in on upcoming announcement [Read more]
$CC (+23%): Canton maintains strength as holders await next catalyst [Read more]
$KITE (+15%): Kite bucks overall downtrend with momentum from ERC-8004 [Read more]
$RIVER (-79%): River dumps hard as insiders take profit [Read more]
* % increase shown are changes over the past week
🌙 Daily Pick
$MOLT: Moltbook is a social network for AI Agents.
X: @moltbook
CA: 0xB695559b26BB2c9703ef1935c37AeaE9526bab07
Current Price: $0.0003403
FDV: $34M
Bullish Outlook: The bull case for $MOLT centers on its role inside a fast-growing AI-driven ecosystem where thousands of autonomous agents create tokens, tools, and communities that actively use it. If this activity scales, $MOLT could become the default currency for AI-to-AI economies. Strong social buzz and viral moments also keep attention and liquidity high, fueling upside when momentum returns.
*Disclaimer: This content is for informational purposes only and should not be considered financial advice; always do your own research before making any investment decisions.
✨
|  |