Bitcoin $20K Shock! $19 Billion Lost in One Day!
1⃣ In today’s episode: causes of the crypto market crash, EBA’s warning on “regulatory arbitrage,” massive XRP liquidations, whales buying altcoins, and Coinbase’s new Bitcoin cashback card with American Express.
🌪 Crypto Market Crash Explained: A Temporary Storm Without Long-Term Impact
Analysts believe the sharp drop in crypto prices is a short-term correction, not a fundamental crisis.
🏛 EBA Warns of “Regulatory Arbitrage” During MiCA Transition
The European regulator fears that legal differences between EU countries allow crypto firms to bypass oversight.
💥 Massive XRP Liquidations: Traders Lose Over $600 Million
XRP’s sharp decline triggered some of the largest long liquidations in recent months.
🐋 Whales Accumulate Promising Altcoins in October
Major investors are taking advantage of market dips to accumulate WLFI, PEPE, and SAND.
💳 Coinbase and American Express Launch Premium Card With Bitcoin Cashback
The new card, featuring Bitcoin’s genesis block design, offers up to 4% cashback in BTC for Coinbase One subscribers.
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#bitcoin #xrp #mica #coinbase #americanexpress #altcoins #wlfi #pepe #sand #cryptonews #donaldtrump #EBA
⏱ Timestamps:
00:00 — Intro
00:17 — Episode overview
00:52 — Crypto market crash explained
02:10 — EBA warns of regulatory arbitrage
03:56 — Massive XRP liquidations
05:15 — Ad: MinerLink
06:08 — Whales accumulate altcoins
07:38 — Coinbase and American Express launch Bitcoin cashback card
09:38 — Ad: CashBanx
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