A brutal crash: over $20 billion liquidated overnight
This was one of the biggest crypto crashes of the year.
In just a few hours, more than $20 billion were wiped out from major exchanges.
It all started with a rapid series of Bitcoin price drops, triggering a wave of automatic liquidations.
When traders borrow money to bet on a price increase — known as leverage — they must maintain a certain margin. If the market drops too quickly, their positions are forcibly closed by the platform to limit losses.
But when thousands of traders are overexposed at the same time… the result is chaos.
Liquidations pile up, sell orders multiply, and prices collapse even further — a true domino effect.
That night, Bitcoin fell more than 15% in just a few hours, dipping below $110 000.
Ethereum dropped around 20%, and smaller cryptos lost more than a third of their value before partially recovering.
Events like this remind everyone how fragile the crypto market remains. Leveraged products are powerful tools — they can multiply gains but also wipe out accounts instantly.
After the crash, many retail investors chose to scale back their exposure and return to simpler, safer strategies.
Trading platforms, on their side, announced plans to strengthen their automatic risk controls to prevent such a meltdown from happening again.
This kind of correction shows how young and reactive the crypto ecosystem still is. It can move violently in both directions, often driven more by emotion and automation than fundamentals.
Bitcoin: after hitting $126 000, consolidation begins
Just a few weeks ago, Bitcoin reached an all-time high of $126 000, proving that investor interest remains strong — especially after the latest halving that reduced mining rewards.
But after every rally comes a cooling period.
Since early October, Bitcoin has pulled back and now stabilizes around $110 000.
This drop isn’t alarming — it’s a normal part of the market cycle.
When prices rise too quickly, some investors take profits, which triggers small sell waves and causes the price to adjust before stabilizing again.
What’s striking this time is that long-term holders didn’t panic.
The largest addresses, which typically store coins for years, barely moved their funds during the correction.
That shows that more and more people see Bitcoin not as a speculative asset, but as a long-term digital store of value.
Institutional investors also play a role here.
In 2024, they were major buyers, fueling Bitcoin’s rally.
But in recent months, many have become more cautious — waiting for clearer signals from global interest rates, monetary policy, and geopolitical tensions before increasing their exposure again.
Today, Bitcoin seems to be seeking a new balance.
Between $100 000 and $115 000, analysts see a healthy consolidation zone: the market is digesting profits, stabilizing after excess euphoria.
Despite the volatility, Bitcoin remains the undisputed leader of the crypto market — the asset that sets the tone for everything else.
Coinstancy opens card and bank transfer deposits
And launches automatic DCA by card
Big news this week: users can now deposit funds by credit card or bank transfer directly on Coinstancy.
This update makes investing simpler and faster than ever.
Deposits by card are instant, while SEPA transfers usually clear within 24 hours.
Even better: Coinstancy now allows users to set up automatic DCA (Dollar-Cost Averaging) with their card.
You just pick an amount — 100$, 500$, 1 000$, or more — and a frequency (weekly or monthly). The system automatically invests your funds in the pools you’ve chosen, with no manual action required.
DCA is one of the most popular investment strategies worldwide. It helps smooth out price fluctuations over time and takes the stress out of market timing.
This new feature brings crypto investing one step closer to traditional banking ease, while keeping the benefits of transparency and real on-chain yield.
Massive Paxos bug: 300 trillion stablecoins created by mistake
This is one of the most spectacular technical blunders ever seen in crypto.
During an internal operation, Paxos — the company behind PayPal’s stablecoin PYUSD — accidentally created 300 trillion tokens.
The issue came from an error in the automated minting system.
In a matter of seconds, the total supply of PYUSD skyrocketed to absurd levels — and because the blockchain is public, everyone could see it happen in real time.
Fortunately, Paxos reacted quickly: within about 30 minutes, the excess tokens were burned, and the correct supply was restored.
No user funds were lost, and no security breach was found.
Still, this incident raises serious questions about trust in centralized stablecoin issuers.
Unlike decentralized cryptos such as Bitcoin, stablecoins rely on a single entity that can create or destroy tokens.
Even a small human or software error can have huge consequences, even if fixed promptly.
The bright side? The transparency of blockchain technology made the problem visible instantly — anyone could verify the mistake.
It’s a reminder that even in digital finance, human errors still exist, and transparency is what keeps the system accountable.
This event reignites the debate around governance and responsibility in the stablecoin industry.
Should issuers be audited more frequently?
Should they publish real-time proof of reserves?
Regulators in the US and Europe will likely have to address these questions soon.