🧨 $1.1 B liquidated — Bitcoin at risk of a 30 % drop
Welcome to the Daily for Thursday, October 30, 2025 ☕️
Hello Cointribe! 🚀
Today is Thursday, October 30, 2025, and as every day from Tuesday to Saturday, we bring you a summary of the past 24 hours’ top news you shouldn’t miss!
But first…
✍️ Cartoon of the day:
A quick look at the market…
🌡 Weather:
⛈️ Stormy
24h crypto recap! ⏱
💰 World Liberty Financial launches an airdrop campaign
World Liberty Financial has launched an airdrop campaign to distribute 100 million USDPT tokens to promote adoption of its stablecoin. The initiative aims to encourage users to embrace this new decentralized payment solution as part of its global expansion strategy.
📈 ConsenSys chooses JPMorgan and Goldman Sachs for its IPO
ConsenSys, one of the leading blockchain infrastructure firms on Ethereum, has selected JPMorgan and Goldman Sachs to manage its upcoming initial public offering. The IPO is expected within six months, with an estimated valuation of nearly $10 billion. 👉 Read the full article
🇩🇪 AfD proposes making Bitcoin a strategic asset in Germany
The political party AfD has proposed classifying Bitcoin as a strategic asset in Germany. The plan includes incentive mechanisms to encourage BTC adoption and integrate blockchain technology into the national economic system, as a response to inflation and fiat currency risks. 👉 Read the full article
📉 The Fed cuts interest rates by 0.25 %
Yesterday, the Federal Reserve announced a 0.25 % rate cut — a move to support the economy amid growing concerns about global economic prospects.
Crypto of the Day: Centrifuge (CFG)
Innovation and Added Value 🧠
Centrifuge is a decentralized protocol connecting traditional finance to real-world asset (RWA) tokenization through DeFi. It allows businesses to convert assets such as invoices, loans, receivables, or real estate into secure NFTs on the blockchain, which can then be used as collateral to access liquidity on DeFi platforms like Maple Finance or Goldfinch.
This model revolutionizes SME financing by offering instant liquidity, lower costs, and greater transparency — paving the way for large-scale tokenization of real-world assets. Centrifuge is compatible with networks like Ethereum, Avalanche, Base, and Polkadot, and integrates with platforms such as Tinlake for collateral pool management.
The Token 💰
CFG is the native token of Centrifuge. It is used to:
Stake and secure the network,
Govern the protocol through the DAO,
Pay transaction and NFT creation fees.
The governance model is fully decentralized, aligning incentives for validators, asset originators, and users.
Real-Time Performance 📊
💵 Current price: 0.1926 USD
📉 24 h change: − 0.43 %
💰 Market cap: 110 000 000 USD
🏅 CoinMarketCap rank: #463
🪙 Circulating supply: 570 000 000 CFG
📊 24 h volume: 4 013 730 USD
🧨 The Fed shocks the markets: Over $1 billion liquidated in crypto in 24 hours
The crypto markets are in turmoil: in just 24 hours, more than $1.1 billion vanished due to cascading liquidations. As Bitcoin wavers near a critical support level, analysts warn of a potential 20–30 % collapse. This wave of panic, fueled by the Fed’s uncertain monetary stance, is shaking the entire market and reviving fears of a prolonged crypto winter.
Mass liquidations expose market fragility
Within 24 hours, over $1.1 billion worth of positions were liquidated. This occurs when leveraged investors can no longer cover their losses, forcing automatic asset sales. Of this total, $961 million came from long positions — bets on price increases — while short positions were liquidated for only $162 million.
Bitcoin was hit the hardest, with $445 million erased, followed by Ethereum at around $230 million. Other major cryptos such as Solana, XRP, and Avalanche also fell sharply in a broad risk-off move. One isolated liquidation order reached $21.42 million on the Hyperliquid platform.
Bitcoin dropped as low as $106 000, a key level closely monitored by analysts. A sustained breakdown could trigger further declines toward $103 000 or lower.
Between monetary policy and institutional flows, confidence is eroding
The speed of this sell-off is partly linked to U.S. monetary policy. Fed Chair Jerome Powell recently stated that no additional rate cut is guaranteed for December — a comment that unsettled already fragile markets. Normally, lower rates are seen as bullish for risk assets, but the Fed’s mixed messaging has caused confusion rather than a rebound.
Another sign of fading confidence lies in spot Bitcoin ETFs, which saw outflows of roughly 4 238 BTC — about $471 million. These vehicles, designed to facilitate institutional access to crypto, now reflect growing caution or even short-term retreat among large investors.
Worryingly, October 2025 marks the first time since 2018 that this historically bullish month for Bitcoin ends in negative territory. Some analysts now foresee a 20–30 % correction if U.S. equity markets continue to slide — a move that would send BTC back to levels last seen before its previous major rally.
👉 Read the full article
