Morning Minute: OKX Raises at $25B From Circle, Ripple, and StanChart

Written and edited by the WorldPing NewsdeskPublished Updated Original reporting: Decrypt
Morning Minute: OKX Raises at $25B From Circle, Ripple, and StanChartWorldPing
Image via Decrypt.

What happened

OKX raises more, $500M+ in crypto longs liquidated after a late evening selloff, and Abstract calls it quits.

Key facts

  • OKX raises more, $500M+ in crypto longs liquidated after a late evening selloff, and Abstract calls it quits.
  • Reported by Decrypt and published Wed, 07 Oct 2026 12:18:43 UTC.

Why it matters

Digital-asset markets react to catalysts within minutes, and liquidity, ETF flows and regulatory signals are usually what decide whether a move sticks.

What to watch next

  • Whether spot volume and open interest confirm the move
  • Liquidation clusters around the current price
  • ETF flow data and any regulatory follow-up

Coverage timeline

When each newsroom published on this story, oldest first — all times UTC.

  1. Bitcoin Price Slips Below $84K as 20-Minute Flush Erases $400M in Longs

  2. Ripple Gets a Korean Brokerage Onboard as XRP Beats Bitcoin on Upbit

  3. Morning Minute: OKX Raises at $25B From Circle, Ripple, and StanChart

Sources

The original report was published by Decrypt. WorldPing does not claim that reporting — this page summarises and contextualises it.

Read the full report at Decrypt

Related WorldPing coverage

Ripple Gets a Korean Brokerage Onboard as XRP Beats Bitcoin on UpbitWorldPing
Bitcoin.com

Ripple Gets a Korean Brokerage Onboard as XRP Beats Bitcoin on Upbit

Ripple’s strategic partnership with Meritz Securities, signed by President Monica Long in Seoul, was announced earlier today. The development landed as XRP overtook bitcoin as the most-traded asset on Upbit.

Brief by WorldPing · Original reporting by Bitcoin.com

Bitcoin Price Slips Below $84K as 20-Minute Flush Erases $400M in LongsWorldPing
Bitcoin.com

Bitcoin Price Slips Below $84K as 20-Minute Flush Erases $400M in Longs

Bitcoin dropped about $1,765 in roughly 20 minutes early Wednesday, sliding under $84,000 and taking more than $400 million in leveraged long bets with it, three days before the anniversary of crypto’s worst liquidation day.

Brief by WorldPing · Original reporting by Bitcoin.com