According to @DegenerateNews, more than $5 billion in crypto positions were liquidated over the past 24 hours. Per Binance Academy, large liquidation waves typically reflect cascading margin calls in perpetual futures, which can magnify short-term volatility and widen bid-ask spreads, making execution riskier for BTC and ETH. According to CME Group educational materials, traders assess deleveraging by monitoring funding rates and open interest, with declining open interest indicating risk being flushed from the system and a potential setup shift. According to Coinglass documentation, liquidation dashboards help verify whether long or short liquidations dominated, providing directional context for BTC and ETH intraday bias.

According to @DegenerateNews, VanEck has filed an S-1 registration for a JitoSOL ETF, as posted on X on Aug 22, 2025 (source: @DegenerateNews on X). The post shows a screenshot but does not provide an SEC EDGAR link or an official VanEck press release for verification at the time of posting (source: @DegenerateNews on X). Traders should await confirmation on the U.S. SEC’s EDGAR system or VanEck’s official channels before taking positions to manage headline risk in SOL and Solana liquid staking tokens (sources: U.S. Securities and Exchange Commission; VanEck). Key watch items include SOL spot and perpetual funding, JTO governance token liquidity, and JitoSOL-SOL pool depth on Solana DEXs if an official filing is confirmed (sources: @DegenerateNews on X; U.S. Securities and Exchange Commission; VanEck).

According to DegenerateNews, the $TRUMP meme coin has experienced a notable increase in trading activity, driven by heightened community engagement and viral social media posts (source: @DegenerateNews, April 27, 2025). Traders are closely monitoring $TRUMP’s liquidity and price action, as significant buy-ins by influencers such as @bolsaverse have contributed to short-term volatility and increased interest among speculative traders (source: @bolsaverse, April 27, 2025). Short-term trading strategies focused on rapid price movements and meme coin momentum are currently favored by the market.

According to DEGEN NEWS, BASE has announced its commitment to posting on Zora, emphasizing the importance of bringing content onchain using appropriate tools. This move comes amidst the controversial 'ContentCoin' initiative, which aims to transform how digital content like memes, moments, and culture are monetized and shared on the blockchain.

According to @DegenerateNews, former President Donald Trump has signed an executive order to establish a strategic Bitcoin reserve utilizing seized BTC. This move could significantly impact the cryptocurrency market by potentially increasing the scarcity of BTC and influencing its price dynamics.