Crypto News Today (Live) Updates October 13
The post Crypto News Today (Live) Updates October 13 appeared first on Coinpedia Fintech News
October 13, 2025 07:20:46 UTC
Crypto Recovery Is Here, But Losses Are Permanent for SomeThe crypto market is already bouncing back after the recent brutal dump, and prices are expected to recover, as they always do. However, those who lost everything or made irreversible decisions during the crash may never return. This serves as a stark reminder: crypto is powerful and addictive, but it is also one of the riskiest markets. It’s never worth risking more than you can truly afford to lose. Traders are advised to hold spot positions and avoid over-leveraging, especially when using cross margin, to protect themselves from catastrophic losses.
October 13, 2025 07:01:24 UTC
Binance Pays $283M to Cover Losses After Saturday’s Depeg ChaosOn Saturday, the cryptocurrency market experienced a severe crash, causing some Binance Earn tokens, such as USDE, BNSOL, and WBETH, to lose their pegs. Many users who had used these tokens as collateral were liquidated, but Binance acted quickly, covering the losses with a $283 million payout. The exchange explained that the market crash occurred before the depeg and noted that old limit orders from 2019 contributed to heavy sell-offs in coins like ATOM and IOTX. To prevent a repeat, Binance is implementing new safety measures, including price floors and updated index rules.
October 13, 2025 06:43:53 UTC
Singapore court has approved WazirX schemeThe Singapore court has approved the WazirX plan, a major step for the crypto exchange. However, many believe Nischal should ensure that customers do not face any losses, especially since the market has doubled since the issue arose. It’s also important that there are no further delays or excuses and that customers are not required to fill out forms unnecessarily. Quick and fair action is key to protecting investors and restoring trust.
October 13, 2025 06:42:45 UTC
BlackRock’s $IBIT ETF Hits $100B AUMBlackRock’s $IBIT ETF has achieved a major milestone, becoming the fastest ETF to reach $100 billion in assets under management (AUM). This rapid growth reflects the rising institutional interest in crypto and blockchain investments. The success of $IBIT highlights the growing adoption of crypto-linked ETFs, positioning them as an increasingly influential part of the financial landscape and signaling confidence from major investors in the sector.
October 13, 2025 06:36:24 UTC
U.S Economic Calender This Week Amid US Government Shutdown Data BlackoutThis week brings several key market events amid the ongoing US government shutdown, which continues to create a data blackout. On Monday, the OPEC Monthly Report is scheduled, followed by Fed Chair Powell’s speech on Tuesday. Midweek, traders will watch the NY Fed Manufacturing Index on Wednesday and both the Philly Fed Manufacturing Index and NAHB Housing Market Index on Thursday. Additionally, around 10% of S&P 500 companies are expected to report earnings. Investors and traders are likely to approach the week cautiously, as the lack of government-released data could heighten market volatility and uncertainty.
October 13, 2025 06:20:32 UTC
MARA Holdings Buys Additional 400 BTC Worth $46MAccording to on-chain analytics platform Lookonchain, MARA Holdings has expanded its Bitcoin holdings with a fresh purchase of 400 BTC, valued at roughly $46.31 million. The transaction was reportedly executed two hours ago through the institutional trading platform FalconX.The Bitcoin mining giant now holds an impressive 52,850 BTC, estimated at around $6.12 billion. This latest acquisition reinforces MARA’s long-term bullish stance on Bitcoin amid growing institutional accumulation in the market.
October 13, 2025 06:20:32 UTC
Hyperliquid Founder Slams Centralized Exchanges for Massive Liquidation Data UnderreportingHyperliquid founder Jeff has sharply criticized major centralized exchanges (CEXs) for allegedly underreporting liquidation data. According to Jeff, even when thousands of liquidations occur within a single second, exchanges may display only one publicly, leading to actual figures being underreported by up to 100 times. He emphasized that this lack of transparency distorts market perception and hinders accurate risk assessment for traders. The remarks have reignited discussions around the need for greater data integrity and openness in centralized trading platforms.
October 13, 2025 06:20:32 UTC
Binance to List Recall (RECALL) TokenBinance has announced the listing of Recall (RECALL) on its Binance Alpha platform, scheduled for 12:00 UTC on October 15, 2025. The move will be followed by the launch of the RECALLUSDT perpetual contract on Binance Futures at 12:30 UTC, offering traders leverage of up to 50x. Recall is a decentralized AI skill marketplace designed to connect users and developers through blockchain-powered AI solutions. The dual listing on both Alpha and Futures platforms highlights Binance’s growing focus on integrating innovative AI-driven projects into its ecosystem.
October 13, 2025 06:20:32 UTC
Ethereum Price Today , ETH/USDEthereum has made a powerful comeback following the recent crypto market correction, reclaiming its key weekly support level with strong bullish momentum. The world’s second-largest cryptocurrency is now consolidating above this critical zone, keeping its path toward a new all-time high firmly intact. As long as ETH doesn’t close below its current weekly support, the bullish structure remains valid. If momentum continues, Ethereum could soon test the $5,200–$5,300 range, setting the stage for another record-breaking rally.