Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesBotsEarnCopy

News

Stay up-to-date on the most trending topics in crypto with our professional and in-depth news.

MANTRA (OM) token losses 98% of value, wipes $6 billion from market cap in minutes
MANTRA (OM) token losses 98% of value, wipes $6 billion from market cap in minutes

Share link:In this post: MANTRA (OM) dropped from $6 to $0.57 in under an hour, losing 98% of its value. Over $6 billion in market cap was wiped out in minutes during the crash. Traders on X blamed an alleged “Kabal team” for a massive insider sell-off.

Cryptopolitan·2025/04/14 03:12
Flash
  • 11:08
    Google will implement new cryptocurrency advertising regulations under the MiCA framework in Europe starting April 23rd
    According to Cointelegraph, Google announced that it will begin implementing stricter cryptocurrency advertising policies in Europe on April 23rd. Cryptocurrency exchanges and wallet service providers must obtain permissions under the EU's "Markets in Crypto-Assets Regulation" (MiCA) or the regulatory framework of Crypto Asset Service Providers (CASP). This policy will apply to 26 European countries including Germany, France, Italy etc., and violators will receive a warning at least 7 days before their accounts are suspended.
  • 11:07
    CoinShares: Last week, net outflows from digital asset investment products amounted to $795 million
    According to the latest weekly report from CoinShares, as of the week ending April 12, 2025, net outflows from digital asset investment products reached $795 million, marking three consecutive weeks of capital outflow. This brings the total outflow since early February to $7.2 billion, nearly erasing all net inflows for the year. Bitcoin led the outflows at $751 million but still maintains a net inflow of $545 million year-to-date. Ethereum saw an outflow of $37.6 million. In contrast, XRP recorded an inflow of $3.5 million, while Ondo, Algorand, and Avalanche each experienced slight net inflows. After Trump temporarily withdrew tariffs, prices rebounded and total assets under management rose to $130 billion.
  • 11:04
    Matrixport: Bitcoin implied volatility rises, and mixed tariff signals increase market uncertainty
    PANews, April 14 - According to Matrixport analysis, although the major tariff events have passed, the chaotic messages from Trump regarding tariffs have created market uncertainty, and Bitcoin's implied volatility remains high. The current implied volatility is nearly 20 points higher than recent lows, indicating that the market is pricing in uncertainty. Bitcoin traders need to respond cautiously in an environment of rising risks.
News