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1Bitget Daily Digest(October 11)|Trump Announces 100% Tariffs on China, Triggering Market Turmoil; Crypto Industry Liquidations Exceed $19.1 Billion in 24 Hours, Setting New Record.2Bitcoin slump may rebound up to 21% in 7 days if history repeats: Economist3US–China Tariff Fears Hit Bitcoin Treasury Stocks

Solana Holds Firm After Market Washout as Analysts Target $600 Rebound
Cryptonewsland·2025/10/11 19:45

Bitcoin and Ethereum ETFs Attract Massive Inflows
Bitcoin and Ethereum ETFs saw net inflows of $2.7B and $488M this week, signaling strong investor confidence.Bitcoin ETFs Lead the Pack with $2.7 Billion InflowEthereum ETFs Hold Strong with $488 Million
Coinomedia·2025/10/11 19:42

$19B in Bitcoin Shorts Surge After Record Liquidation
After a $19B liquidation, traders double down with another $19B in new Bitcoin shorts.What This Means for Bitcoin’s PriceWhy Traders Are Still Betting Against BTC
Coinomedia·2025/10/11 19:42
Reserve Bank of India to start tokenized certificates of deposit pilot
CryptoNewsNet·2025/10/11 19:36

Zcash recovers to pre-crash highs following crypto market meltdown
CryptoNewsNet·2025/10/11 19:36
Russian bank registers demand for Bitcoin-backed loans
CryptoNewsNet·2025/10/11 19:36
Russia’s Sberbank plans to expand crypto offerings after selling $16M in crypto derivatives
CryptoNewsNet·2025/10/11 19:36

US Senate passes GAIN Act, prioritizing domestic AI and HPC chip sales
CryptoNewsNet·2025/10/11 19:36

MetaMask Integrates Perpetuals: The End of Centralized Exchanges?
Cointribune·2025/10/11 19:33

Crypto: Zcash Makes a Historic 220% Comeback
Cointribune·2025/10/11 19:33
Flash
- 12:43Analysis: The Impact of the Crypto Market "10.11 Flash Crash" May Take Several Days or Even Weeks to Fully EmergeChainCatcher news, according to Wallstreetcn, after the "10.11 flash crash," the crypto market has begun to recover some of its losses, but the full impact of the event may take days or even weeks to fully manifest. Several industry insiders shared their views: Edward Chin, CEO of crypto hedge fund Parataxis, said he suspects that in the coming days or weeks, there will be news of some funds being liquidated or market makers suffering heavy losses. Caroline Mauron, co-founder of Orbit Markets, pointed out that the next major support level for bitcoin is at $100,000. A drop below this level would mark the end of the bull market cycle of the past three years. Vincent Liu, CIO of Kronos Research, believes that this plunge was triggered by tariff concerns but was exacerbated by excessive institutional leverage, highlighting the close connection between cryptocurrencies and the macroeconomy.
- 11:47Venus: Users affected by the WBETH depegging on October 11 will be compensated through the Protocol Risk FundChainCatcher News, Venus Protocol stated on its social platform that some Venus users were affected by the WBETH price depegging during the market liquidation period. Venus Labs will use the protocol risk fund to compensate verified users who suffered losses due to the WBETH depegging issue that occurred between 5:36 and 6:16 on October 11, 2025 (UTC+8).
- 11:29ZachXBT: Currently, it is only known that Garrett Jin appears to have started collaborating with whales whose assets reach several billions.Jinse Finance reported that on-chain detective ZachXBT posted, "There are still too many unknown factors regarding the high-profile BTC whale who swapped to ETH, and I cannot draw a conclusion that I am willing to publish. All the currently discussed posts are actually exaggerated versions of immature theories. What is known is: Garrett Jin / Exe appears to have started collaborating with a Chinese whale, whose ten-figure funds had remained dormant on-chain until recently."