Crypto Markets Plunge as $1.7B Liquidated in 24 Hours
The cryptocurrency market kicked off the week with heavy losses after over $1 billion was wiped out in liquidations overnight, causing a sharp dip across major digital assets.
**Massive Liquidations Shake Crypto Markets**
According to data from Coinglass, around 406,000 traders were liquidated in the past 24 hours, resulting in a total loss of $1.71 billion. Most of these were long positions, meaning many investors were betting on prices going up — and lost big when the market dropped. Long liquidations alone made up $1.61 billion of the total.
**Bitcoin and Ethereum ETFs Still See Inflows**
Despite the market slump, interest in spot crypto ETFs remains strong. Data from SoSoValue shows that on Friday, spot Bitcoin ETFs received net inflows of $222.6 million. Spot Ethereum ETFs also saw inflows of $47.8 million, indicating that some investors are still confident in the long-term potential of these cryptocurrencies.
**Top Crypto Losers**
In the last 24 hours, some of the biggest losers included:
– Pi (PI/USD)
– World Liberty Financial (WLFI/USD)
– Conflux (CFUX/USD)
These coins saw significant drops as the broader market turned red.
**Key Developments in Crypto**
Several important updates are making headlines:
– Strategy and Metaplanet announced new Bitcoin purchases even as BTC dropped to around $113,000.
– XRP fell by 4%, but there’s hope as a new project launch could bring back bullish momentum.
– Grayscale launched a new ETF covering five different crypto coins, signaling broader investment strategies in the sector.
– DeFi developer ZeroStack partnered with Solana to push decentralized AI projects forward.
– In Bolivia, high inflation has led some Toyota, BYD, and Yamaha dealerships to accept crypto payments.
**Traders Weigh In on Market Direction**
Crypto analysts are offering mixed opinions on where things are headed next:
– *Altcoin Sherpa* noted that although Bitcoin’s short-term outlook looks weak, its longer-term charts don’t show a full bearish trend. A single strong move upward could shift momentum quickly.
– *Michael van de Poppe* expects Bitcoin might hit a temporary bottom soon, followed by a one to two-week correction before bouncing back.
– *Crypto Tony* predicts a small short-term rally (a “pump”) before another dip, eventually leading to a larger upward move.
– *Ted Pillows* said Bitcoin started the week on a downtrend and isn’t showing signs of recovery yet. He also pointed out that stock markets are influencing crypto sentiment — if equities stay weak, Bitcoin might keep falling.
**Current Crypto Prices (Major Coins):**
– **Bitcoin (BTC):** $112,288.54 (-2.61%)
– **Ethereum (ETH):** $4,150.00 (-6.68%)
– **Dogecoin (DOGE):** $0.2375 (-8.97%)
– **Shiba Inu (SHIB):** $0.000012 (-5.73%)
– **Solana (SOL):** $218.04 (-7.73%)
– **Ripple (XRP):** $2.83 (-4.63%)
With markets this volatile, investors should stay cautious and keep an eye on both crypto and traditional financial trends for signs of stability or further trouble ahead.
Smarter Crypto Trading with a Coinbase Bot: A Simple Guide
**Using a Coinbase Trading Bot: Simple Guide for Smarter Crypto Trading**
The cryptocurrency world has changed a lot over the last ten years. It’s more mature now, but still fast-moving and very unpredictable. Prices can swing in minutes, and the market never sleeps — it runs 24/7. This makes it tough for both everyday investors and big institutions to keep up. That’s why many traders are turning to automation, using tools like a Coinbase trading bot to help manage trades more efficiently.
If you’re curious about what these bots do and how they work, this guide breaks it all down in plain English.
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**What Is a Coinbase Trading Bot?**
A Coinbase trading bot is software that automatically buys and sells cryptocurrencies for you. Instead of watching charts all day and clicking buttons yourself, you tell the bot what to do — like “buy Bitcoin if it drops by 5%” or “sell Ethereum when it hits a certain price.” The bot follows your instructions based on rules or strategies you set.
These bots work with Coinbase and Coinbase Pro through something called an API (Application Programming Interface), which allows them to connect securely with your account and place trades on your behalf. You stay in control of your money — the bot doesn’t hold your funds.
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**How These Bots Work**
Here’s how most people use a Coinbase trading bot:
– Connect your Coinbase Pro account using secure API keys.
– Set up your trading rules or strategies.
– Let the bot run 24/7 while you monitor its performance.
Most bots follow common strategies, such as:
– Trend following: Buy when prices are going up, sell when they’re going down.
– Portfolio rebalancing: Keep your investments evenly split across different coins.
– Arbitrage: Take advantage of small price differences between exchanges.
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**Why Use a Trading Bot on Coinbase?**
There are several reasons why traders use bots instead of doing everything manually:
1. **24/7 Trading**
Crypto markets never close. Bots help you trade even when you’re asleep or busy.
2. **No Emotions**
Bots don’t panic or get greedy. They follow rules, not feelings.
3. **Speed**
Bots can act in milliseconds — much faster than a human can click.
4. **Custom Strategies**
You can set bots to match your goals, whether you’re holding long-term or doing quick trades.
5. **Data Analysis**
Some bots offer charts, backtesting, and reports so you can improve your strategy over time.
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**Risks You Should Know**
Trading bots are powerful, but they’re not perfect. Here are some things to watch out for:
– **Volatility**
Sudden news or market crashes can mess up even the best bot strategy.
– **Backtest Trap**
A strategy that worked well in the past might not work today.
– **Tech Issues**
Bots need internet and stable software. A glitch or API error can cause missed trades or losses.
– **Security**
Be very careful with API keys. Only use trusted bots and never give them permission to withdraw funds.
– **No Guaranteed Profits**
Bots help with execution, but they don’t guarantee success. You still need a smart strategy.
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**Bots vs Manual Trading**
Manual trading gives you full control. You can react to news or use your gut instincts. But it’s slow, emotional, and easy to mess up — especially in fast markets.
Bots are great at repeating tasks without getting tired or distracted. Many traders use both: bots for routine tasks like rebalancing or stop-loss orders, and manual trading for bigger decisions.
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**Tips for Using Coinbase Trading Bots Wisely**
To get the most out of a trading bot, keep these tips in mind:
– **Start Small**: Test with a small amount before putting in more money.
– **Backtest First**: Try out your strategy on past data before going live.
– **Monitor Regularly**: Even bots need supervision now and then.
– **Stay Informed**: Keep up with crypto news so you can adjust if needed.
– **Focus on Security**: Use strong passwords, two-factor authentication, and trusted bots only.
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**What’s Next for Crypto Bots?**
Crypto automation is growing fast. As Coinbase continues to develop new tools, trading bots are becoming smarter with features like machine learning and predictive analytics. These upgrades may help traders make better decisions based on data instead of just guessing.
For average users, this means more tools to manage risk, diversify investments, and maybe even boost profits — if used wisely.
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**Final Thoughts**
A Coinbase trading bot won’t make you rich overnight, but it’s a useful tool for smarter crypto trading. It helps you stay active in the market around the clock, follow strategies without emotions, and handle repetitive tasks automatically.
If you treat a bot as a helper — not a replacement — and combine it with good judgment and market awareness, you’ll be in a stronger position to succeed in the fast-moving world of cryptocurrency.
MAGAX Rises as Hong Kong Boosts Crypto Confidence
**Hong Kong’s Crypto-Friendly Move Brings Back Confidence**
Hong Kong is making it easier for banks to work with stablecoins. These digital currencies, which are tied to real-world assets like the US dollar, will now have lower capital requirements compared to more volatile coins like Bitcoin or Ethereum. This change signals that stablecoins are being seen as safer and more reliable for global finance.
Markets reacted fast. Bitcoin jumped back above $112,500 as both big investors and regular traders took this news as a positive sign. As a major financial center, Hong Kong’s move could help push worldwide crypto adoption forward and increase institutional trust in digital currencies.
**Bitcoin Proves Its Strength Again**
After the Hong Kong news, Bitcoin showed strength by holding steady above $107,500 and gaining over 4%. Analysts noticed that large holders, often called “whales,” are moving their Bitcoin into cold storage – a secure way to store crypto offline. This is usually a signal that investors believe in Bitcoin’s long-term value.
There’s also been a wave of new money flowing into Bitcoin ETFs in the U.S., with billions invested in recent weeks. Combined with strong interest from Asian markets, this confirms that Bitcoin is still seen as the digital version of gold – a safe place to store value and protect against inflation.
But while Bitcoin stays strong, many everyday investors are wondering: where’s the next big opportunity for massive gains?
**MAGAX: A New Meme-to-Earn Project Gaining Attention**
In every crypto cycle, some projects come from nowhere and deliver huge returns. Right now, one early-stage project is starting to catch fire – MAGAX. It’s a Meme-to-Earn token that blends AI tech with viral content and community power.
MAGAX is currently in Stage 2 of its presale and priced at just $0.000293. That means even a small investment can buy thousands of tokens – something impossible with high-priced coins like Bitcoin or Ethereum. MAGAX uses Loomint AI to reward users for creating viral content, and its smart contract has been audited by CertiK for safety.
**Why MAGAX Is Popular With Everyday Crypto Buyers**
Bitcoin now mostly attracts big institutions. MAGAX, on the other hand, was built with regular people in mind. The entry cost is low, the community is growing fast, and the growth potential is huge. Some analysts believe MAGAX could jump 50x to 166x after it officially launches – gains that just aren’t possible with established coins.
Stage 1 of the presale sold out quickly, showing strong demand. Now in Stage 2, more buyers are joining every day through Telegram and Twitter. The price goes up with each stage, so waiting could mean paying more later.
The message is simple: getting in early can lead to bigger gains and lower prices.
**A Perfect Time for High-Growth Projects Like MAGAX**
Hong Kong’s new rules show that governments are warming up to crypto – especially stable, well-known coins. While that helps bring more trust to the top of the market, it also leaves room for early-stage projects like MAGAX to shine as high-growth alternatives.
Bitcoin might double in value if everything lines up right. But MAGAX offers the chance to multiply your investment many times over. With its Meme-to-Earn model and deflationary supply, it’s built to thrive when the market is excited and growing.
**From Safe Bets to Big Wins: Why Now Might Be MAGAX’s Moment**
Hong Kong’s support for stablecoins shows crypto is becoming more mainstream. Bitcoin continues to act as the foundation of the digital asset world. But for investors looking beyond safety – those searching for the next 100x opportunity – MAGAX is one of the most talked-about presales right now.
It’s affordable, innovative, and already building a strong community. Stage 2 is live, but not for long. Each day brings a higher price point closer.
Now might be your best chance to grab MAGAX before it takes off – potentially becoming one of the biggest breakout tokens of 2025.
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ASX Set to Open Higher as Wall St Hits New Highs
**Good Morning! Here’s What You Need to Know Before the ASX Opens – Tuesday, September 23, 2025**
It’s Tuesday morning, and ASX futures are looking slightly positive. As of 7am AEST, futures were up 0.2%, suggesting a mild lift when the market opens today.
**Wall Street Hits New Highs – Big Tech Powers Ahead**
Overnight, Wall Street had another strong session. The S&P 500 hit a new record, moving closer to the 6700-point mark. The Nasdaq also rose, coming close to 22,800 before ending the day higher.
Big tech led the charge again. Nvidia jumped 4% after announcing plans to invest up to US$100 billion into OpenAI. But this isn’t a cash deal — it’s all about building data centers, GPUs, and infrastructure to support AI growth.
Apple also had a great night, climbing over 4%. Its market cap is nearing an incredible US$4 trillion. With this move, Apple becomes the last of the “Magnificent Seven” tech stocks to recover all its 2025 losses — a big win for bullish investors.
Tesla gained 2%, hitting its highest price in 2025. This came after Elon Musk and Donald Trump made a surprise joint appearance at a memorial service. Their brief handshake made headlines — and gave Tesla stock a boost.
Meanwhile, semiconductor giant ASML got a rating upgrade from Morgan Stanley. The company reminded investors that its EUV machines are essential for building advanced AI systems.
**Gold and Silver Shine Bright**
Gold prices shot up, breaking through US$3,700 an ounce. Gold ETFs saw their largest inflows in three years, signaling strong investor interest. Silver also climbed, reaching levels not seen in 14 years.
The surge in precious metals is likely due to falling interest rates and growing expectations of more rate cuts. This boosts gold’s appeal since lower real yields make non-yielding assets like gold more attractive.
“Technicals are strong and more rate cuts are expected,” said ANZ’s Soni Kumari.
**Crypto Takes a Hit**
While gold soared, crypto stumbled. Bitcoin dropped sharply to around US$112,000 as over US$1.5 billion in leveraged long positions were wiped out.
Ethereum and Solana also fell hard. Some investors call this a “nervous consolidation,” while others think the crypto rally may be running out of steam.
Analyst Rachael Lucas summed it up: “The early-year fireworks are gone. Right now, it’s more about cautious optimism than fear.”
**What’s Coming Up Today**
Today’s calendar is packed with key economic data. PMI readings are due across Europe, the UK, and the US — giving insight into how businesses are performing globally.
Investors will also be watching the PCE inflation data — a favorite indicator for the Federal Reserve. If inflation comes in soft, markets may start pricing in another interest rate cut for October.
Federal Reserve Chair Jerome Powell is also scheduled to speak today. Expect careful wording — rates may stay low longer, but don’t expect him to signal a full policy shift just yet.
**Other Market Highlights**
– **Gold M&A Buzz:** TG Metals raised $4 million as interest grows in the Forrestania gold belt.
– **Pharma Deal:** Starpharma surged on news of a potential Big Pharma partnership worth up to $855 million.
– **PGE Exploration:** Major players are backing promising ASX-listed platinum group element explorers.
– **Silver Projects:** Strong silver prices could finally unlock new project development opportunities.
**Trading Halts on ASX**
Several companies have paused trading due to capital raises or announcements:
– Altamin (AZI) – capital raise
– Gateway Mining (GML) – capital raise
– Green Critical Minerals (GCM) – options underwriting
– Indiana Resources (IDA) – exploration results & ASX query
– Kula Gold (KGD) – divestment & capital raise
– Metal Bank (MBK) – capital raise
– RareX (REE) – funding update
– RooLife Group (RLG) – response to ASX queries
– Swift Networks (SW1) – capital raise
– Trigg Minerals (TMG) – acquisition & placement
Stay tuned for updates throughout the day as markets react to economic data and company news.
Tech Stocks Lift Markets as Inflation Data Looms
Asian stock markets are expected to see slight gains on Tuesday after U.S. tech stocks boosted Wall Street. Futures suggest small increases in Japan’s Nikkei 225 and Australia’s S&P/ASX 200 indexes. However, Hong Kong markets remain flat as the city prepares for a major typhoon, which could disrupt flights and trading activity.
In the U.S., the S&P 500 hit a new record high for the 28th time this year. A key driver was Nvidia’s stock, which surged nearly 4% following its announcement to invest up to $100 billion in OpenAI. This investment will fund large-scale data centers powered by Nvidia’s advanced AI chips, designed to support OpenAI’s artificial intelligence models.
With major tech companies leading market gains, experts at Goldman Sachs advise investors to remain cautiously optimistic. While current market trends are strong, analysts warn against betting against large-cap tech stocks, which continue to dominate.
The bond market remained mostly steady, with U.S. Treasury yields rising slightly ahead of important economic updates later this week. These include inflation data and several government bond auctions. The U.S. dollar paused its recent climb, while gold prices reached a new record high. Meanwhile, the cryptocurrency market dipped slightly, with Bitcoin and Ether showing minor changes.
Several Federal Reserve officials are scheduled to speak this week, including Chair Jerome Powell. One new Fed Governor, Stephen Miran, called for faster interest rate cuts in his first major speech. On the other hand, other Fed leaders such as Alberto Musalem and Beth Hammack urged caution due to ongoing inflation concerns.
In Asia, Hong Kong is bracing for Super Typhoon Ragasa. The storm is expected to be one of the strongest in years and has already led to flight cancellations at Hong Kong International Airport. The typhoon may also delay the stock market debut of Zijin Gold International Co., potentially affecting what could be the largest IPO in months.
Over in China, the head of the People’s Bank of China said that any changes in the country’s interest rates will be based on domestic needs—not influenced by what the U.S. Federal Reserve does.
In the U.S., investor focus is shifting toward how long the Fed will tolerate higher inflation, especially going into 2026. Analysts at Morgan Stanley believe that if government policy continues to support economic growth and the Fed lowers interest rates, companies could see stronger revenue and profit growth than expected.
This week’s key inflation report is expected to show a small slowdown in price increases. The core personal consumption expenditures (PCE) index—a favorite inflation measure for the Fed—is predicted to rise 0.2% in August, down from 0.3% in July. Year-over-year, it’s likely to remain at 2.9%, still above the Fed’s long-term target.
Economists also anticipate slower growth in consumer income and spending for August, suggesting that while inflation may cool slightly, economic momentum is also easing.
**Market Snapshot:**
– **Stocks:**
Hang Seng futures are flat; Nikkei 225 futures up 0.4%; ASX 200 futures up 0.2%; S&P 500 futures unchanged
– **Currencies:**
U.S. dollar index down 0.2%; Euro steady at $1.1799; Japanese yen stable at 147.75 per dollar
– **Cryptocurrencies:**
Bitcoin down 0.1% at $112,967; Ether up 0.2% at $4,195
– **Bonds:**
U.S. 10-year Treasury yield rose to 4.15%
– **Commodities:**
Gold flat at $3,744.70 per ounce; Oil (WTI) unchanged
Investors are closely watching inflation data and central bank signals this week while global markets remain influenced by tech trends and weather-related disruptions in Asia.