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[OUT] Kerala Lottery Result Today 23-06-2025 LIVE: Bhagyathara BT-8 Bumper Monday Lucky Draw DECLARED – 1 Crore First Prize, Check Full Winners List – Zee News

KERALA LOTTERY RESULT MONDAY 23-06-2025 LIVE: The Kerala Lottery result for the “Bhagyathara BT” draw on Monday, June 23, 2025, is scheduled to be announced live at 2 PM. This lottery draw is part of the seven weekly draws held in Kerala. The alphanumeric code assigned to this specific lottery is “BT,” incorporating both the draw number and the code. The first prize for the fortunate winner of this draw is a bumper 1 Crore rupees. Below, you can find the comprehensive list of winners for the Kerala ‘Bhagyathara BT-8’ lottery draw.
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​Kerala Lottery Results Monday 23-06-2025 LIVE: The much-anticipated Kerala Bhagyathara BT-8 Bumper Lottery result has been declared today by the Kerala State Lottery Department. The lucky draw for the Bhagyathara BT-8 lottery was held at 2 PM today, Monday, June 23, at Gorky Bhavan, near Bakery Junction, Thiruvananthapuram. The first prize winner will take home a whopping ₹1 Crore. The Bhagyathara lottery is one of the seven weekly lotteries conducted by the Government of Kerala and is held every Monday. Each ticket costs ₹50, and the draw is represented by the code “BT”, followed by the draw number.​

The live results and full list of winning numbers for Bhagyathara BT-8 Bumper Draw are now available. Check if you’re among the lucky winners below:​

Kerala Lottery Result 23-06-2025 June: FULL LIST OF WINNING NUMBERS FOR BHAGYATHARA BT-8 BUMPER Draw

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LUCKY NUMBER FOR 1ST PRIZE OF ₹1 CRORE IS: BZ 709241
LUCKY NUMBER FOR 2ND PRIZE OF ₹30 LAKHS IS: BZ 315412
LUCKY NUMBERS FOR 3RD PRIZE OF ₹5 LAKH ARE: BU 222095
LUCKY NUMBERS FOR CONSOLATION PRIZE OF ₹5,000 ARE: BN 709241 BO 709241 BP 709241 BR 709241 BS 709241 BT 709241 BU 709241 BV 709241 BW 709241 BX 709241 BY 709241
(For The Tickets Ending with The Following Numbers below)
LUCKY NUMBERS FOR 4TH PRIZE OF ₹5,000 ARE: 0082  0437  0466  0482  0763  2547  2954  2970  3137  4895  6077  6849  7063  7638  7764  8282  8436  8519  8661  9767
LUCKY NUMBERS FOR 5TH PRIZE OF ₹2,000 ARE: 2619  3339  4901  6639  8370  8416
LUCKY NUMBERS FOR 6TH PRIZE OF ₹500 ARE: To Be Announced
LUCKY NUMBERS FOR 7TH PRIZE OF ₹100 ARE: To Be Announced
LUCKY NUMBERS FOR 8TH PRIZE OF ₹50 ARE: To Be Announced

KERALA LOTTERY RESULT 23-06-2025 JUNE TODAY: BHAGYATHARA BT-8 BUMPER LOTTERY PRIZE DETAILS

1st Prize: ₹1,00,00,000 (1 Crore)
2nd Prize: ₹75,00,000 (75 Lakhs)
3rd Prize: ₹1,00,000 (1 Lakh)
4th Prize: ₹5,000
5th Prize: ₹1,000
6th Prize: ₹500
7th Prize: ₹100
8th Prize: ₹50
Consolation Prize: ₹5,000
(NOTE: Lottery can be addictive and should be played responsibly. The data provided on this page is for informational purposes only and should not be construed as advice or encouragement. Zee News does not promote lottery in any way.)​

Stay Tuned To Zee News For Live And Latest Updates On Kerala Lottery Result 2025

A lottery conducted using a lottery machine is a type of lottery where the winning numbers are drawn randomly from a machine containing numbered balls. The most common type of lottery machine is the bingo cage, which is a large rotating drum that contains numbered balls. The balls are mixed up inside the drum and then drawn out one at a time. The winning numbers are the numbers that are drawn.
Prize winners should check their winning numbers against the results published in the Kerala Government Gazette. To claim their prizes, they must submit the winning tickets within 30 days.
A ticket with multiple security features can prevent claims if damaged. So keep the ticket safe. Those who won the prize less than Rs.5000 should approach any lottery shop in Kerala with the ticket to collect the amount. If the prize is more than 5000 then the ticket and identity documents should be brought to any bank or government lottery office.
5th Prize ₹2,000/-
2619  3339  4901  6639  8370  8416
 
4th Prize: ₹5,000/-
0082  0437  0466  0482  0763  2547  2954  2970  3137  4895  6077  6849  7063  7638  7764  8282  8436  8519  8661  9767
 
– 3rd Prize ₹5,00,000/- [5 Lakhs]
– BU 222095 (KOLLAM)

 
– 2nd Prize ₹30,00,000/- [30 Lakhs]
– BZ 315412

– 1st Prize : ₹1,00,00,000/- [1 Crore]
– BZ 709241

 
 
There will be a 30 percent tax deduction from the amount you have won. You have to pay 10 percent amount as the commission of the agent. These are the amount that will be deducted from your prize.
For prize amounts below Rs 5,000, winners can collect their winnings from any lottery shop in Kerala. However, if the prize money exceeds Rs 5,000, winners must submit their tickets along with valid ID proof at a bank or government lottery office. It’s recommended that winners verify their numbers against the results published in the Kerala Government Gazette and surrender their winning tickets within 30 days to claim their prize.
Step 1: Visit the Kerala Lottery website.
Step 2: Choose the ‘Lottery Result’ option.
Step 3: Once you do that, a new page will appear, and you should select ‘View.’
Step 4: Finally, click on the ‘Download’ button located at the top right corner of the page to access the PDF file.
The Kerala Lottery Result for Bhagyathara BT-8 Bumper Monday is set to be drawn today. The public can view the Winning Number post at 2.55 pm during the live broadcast of Kerala Lottery Today. The announcement for the Kerala Lotteries Result today, dated June 23, 2025, is expected to follow shortly.
Stay tuned for live updates on the Kerala Lottery Result for June 23, 2025. It’s crucial to note that online purchasing of Kerala lottery tickets is prohibited, carrying potential legal consequences. Engaging in such practices may lead to penalties imposed by legal authorities, as the state government strictly prohibits online selling and purchasing of lottery tickets.
Stay informed on all the latest news, real-time breaking news updates, and follow all the important headlines in india news andworld News on Zee News.
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Could Ripple (XRP) Be the End of Correspondent Banking? – CoinCentral

 
Ripple, the blockchain-based payment network, is transforming the global financial landscape by replacing traditional correspondent banking relationships. Its adoption of blockchain technology is providing faster and more efficient alternatives to legacy systems. Ripple’s growing recognition in official industry reports signals its rising influence in reshaping cross-border payments.
Ripple is gaining traction as a solution to the inefficiencies of correspondent banking. This traditional system requires banks to maintain reciprocal accounts across borders, leading to high costs and slow transactions. Ripple’s blockchain technology offers a more direct and cost-efficient method, significantly reducing transaction times and fees.
Ripple’s ability to facilitate near-instant cross-border transactions is a major factor in its increasing popularity. Financial institutions are recognizing the advantages of Ripple’s network over traditional banking systems.
“Ripple is offering an infrastructure that directly challenges the legacy correspondent banking model,” said a report from a leading financial institution.
‼️RIPPLE —> REPLACING CORRESPONDENT BANKING RELATIONSHIPS‼️
Documented.📝👇 pic.twitter.com/FW30XRJuK1
— SMQKE (@SMQKEDQG) September 17, 2025

The rapid expansion of domestic instant payments and cross-border payment solutions is a driving force behind Ripple’s growth. Analysts see Ripple as a key player in this transformation, providing an alternative to established banking systems. As the demand for quicker, cheaper payment solutions rises, Ripple’s role in global finance continues to expand.
The emergence of blockchain technology has played a pivotal role in reshaping global payments. Ripple’s integration of blockchain offers significant improvements in transparency and settlement speed. By bypassing traditional banking networks, Ripple allows for real-time transactions with lower costs and enhanced security.
Ripple’s recognition in official reports further highlights its growing role in the industry. The financial sector is increasingly considering blockchain as a viable alternative to older systems. The creation of instant payment schemes like SCT Inst is pushing institutions to adopt new technologies like Ripple.
Ripple’s recognition underscores the broader trend toward digitalization in the financial sector. Institutions are shifting towards more efficient infrastructures as traditional banking models are phased out. As regulators work to establish frameworks for these technologies, Ripple is positioned to play a central role in this transformation.
The recent mention of Ripple in a respected industry report signifies its growing presence in mainstream financial discussions. The report emphasized Ripple’s importance as a potential replacement for traditional correspondent banking relationships. Financial institutions are actively exploring Ripple and other blockchain solutions for faster and more efficient payment systems.
Ripple’s integration into financial markets faces challenges, including regulatory compliance and settlement finality. However, its increasing acceptance demonstrates that blockchain-based infrastructures are becoming integral to future global payments.
Maxwell is a crypto-economic analyst and blockchain enthusiast, passionate about helping people understand the potential of decentralized technology. His goal is to spread knowledge about this revolutionary technology and its implications for economic freedom and social good.
TLDR The Warsaw Stock Exchange has listed its first Bitcoin-focused exchange-traded fund (ETF). The Bitcoin…


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Estonia seeks urgent Nato consultation after Russian jets violate airspace – BBC

Estonia has requested a consultation with other Nato members after Russian warplanes violated its airspace on Friday.
Estonia's foreign ministry condemned the incursion as "brazen". It said three Russian MiG-31 fighter jets entered the Estonian skies "without permission and remained there for a total of 12 minutes" over the Gulf of Finland.
A Nato spokesperson said the military alliance "responded immediately and intercepted the Russian aircraft", calling it "yet another example of reckless Russian behaviour and Nato's ability to respond".
Italian jets responded to the incursion under Nato's mission to bolster its eastern flank, while Finland and Sweden also scrambled jets. Russia has not commented.
Tensions have escalated between the Nato military alliance and Russia since Moscow launched a full-scale invasion of Ukraine in 2022.
They have risen in the last week, after Poland and Romania – both Nato members – said Russian drones breached their airspace. In response, Nato pledged to move military assets, including fighter jets, eastwards to strengthen defence.
Speaking later on Friday, Estonian Prime Minister Kristen Michal said his government had "decided to request Nato Article 4 consultations" at an urgent meeting.
"Nato's response to any provocation must be united and strong. We consider it essential to consult with our allies to ensure shared situational awareness and to agree on our next joint steps," Michal said.
Article 4 of the Nato treaty formally starts urgent consultations within the 32-member alliance, which ties the US and many European nations together on collective defence.
It is the second time in a week that a Nato member has requested Article 4 consultations. Poland did so after Russian drones entered its airspace.
US President Donald Trump told reporters he was due to be briefed on the incident later on Friday.
He said: "I don't love it. I don't like when that happens. Could be big trouble. But I'll let you know later."
Estonia's foreign ministry earlier said it had summoned the Russian chargé d'affaires "to lodge a protest" over Friday's incursion, while top EU diplomat Kaja Kallas described the incident as "an extremely dangerous provocation".
The minister added Russia had already violated Estonia's airspace four times in 2025. Estonia shares a border with Russia to the east.
Estonia said the aircraft entered its airspace from the north east and were intercepted by Finnish jets over the Gulf of Finland. Once inside Estonian airspace, Italian F-35 jets, based in Estonia, were deployed under Nato's Baltic Air Policing mission to escort the aircraft out.
The government said the Russian jets had no flight plans, had their transponders turned off and also did not have two-way radio communication with Estonian air traffic control.
Estonian Defence Minister Hanno Pevkur told the BBC: "It is unprecedented that for 12 minutes the Russians were in our airspace."
He added that "in this situation, the only right thing to do is to push them out of Estonian airspace".
Michal also said the Russian incursion showed its war of aggression in Ukraine was not proceeding as the Kremlin had planned.
"The aim is to draw attention and assistance away from Ukraine by forcing Nato countries to focus more on the defence of their own territories," he added.
In a post on X, Kallas, who is an Estonian national, said the EU "will continue to support our member states in strengthening their defences with European resources".
She said Russian President Vladimir Putin was "testing the West's resolve. We must not show weakness".
Echoing her words, European Commission President Ursula von der Leyen said on X: "We will respond to every provocation with determination while investing in a stronger Eastern flank."
"As threats escalate, so too will our pressure," she added.
Estonia's ambassador to the UK, Sven Sakkov, told the BBC that "clear, practical steps" to increase the protection of airspace above Nato's eastern flank were needed in light of Friday's incident.
"If we had to face such times as we are living in now alone, we would be extremely concerned," he said, adding that Estonians nonetheless felt "determined" to defend themselves.
Last week, Poland's military said it had shot down at least three Russian drones, with prime minister Donald Tusk saying 19 drones were recorded entering Polish airspace.
Russia insisted the incident was not deliberate, and its defence ministry said there had been "no plans" to target facilities on Polish soil.
Belarus, a close Russian ally, said the drones entered Polish airspace accidentally after their navigation systems were jammed.
Several days later, Romania's defence ministry said it had detected a Russian drone when two F-16 jets were monitoring the country's border with Ukraine, after "Russian air attacks on Ukrainian infrastructure on the Danube [river]".
The ministry said the drone later disappeared from the radar.
Russia has not commented on the issue.
In response to Russia's incursions into Poland and Romania, Nato pledged to move troops and fighter jets eastwards.
Planes from the UK, France, Germany and Denmark are all taking part in air defence missions over Poland in a bid to bolster the alliance's eastern flank.
Pevkur said Nato needed to "put more focus on the eastern flank" and described it as "our joint response line in a way, that here in Estonia we keep the front door closed".
On Monday, a French jet was scrambled in response to another potential incursion by Russian drones. Nato said that alert was quickly over.
In June, member states agreed to boost defence spending and reconfirmed Nato's mutual security guarantee.
Outgoing MI6 chief Sir Richard Moore said potential agents in Russia and around the world will be targeted by the UK spy agency.
Arthur Polishchuk praises the "beautiful people" who welcomed him and his family into their home.
The two men and a woman were all arrested in Grays, Essex, the Metropolitan Police says.
University of Leeds experts are sharing technology to recycle debris from the conflict with Russia.
Copyright 2025 BBC. All rights reserved. The BBC is not responsible for the content of external sites. Read about our approach to external linking.
 

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BBNaija S10: Koyin And Sultana Caught Locking Lips In Corner – gistlover.com


Nigerian social media is buzzing with reactions after a surprising moment between BBNaija housemates Koyin and Sultana caught viewers off guard.
What started as a quiet conversation in a corner of the bedroom quickly escalated into a passionate kiss, leaving fans shocked and sparking heated discussions online.
The unexpected connection has stirred curiosity, especially since Koyin was previously seen spending a lot of time with another housemate, Dede. With this sudden twist, fans believe the dynamics in the house may be shifting dramatically.
Watch the video here:
You are seeing SULTANA and KOYIN everywhere on the tl and you are wondering What? How? When?

Well let me take you in a ride on how it all happened…
A thread🧵 on how last night unfolded. Grab your popcorn cause you’re in for a ride🤌🏻
First Koyin and Sultana kissed!!!#BBNaija pic.twitter.com/eX58vkIe8Q
See some comments below:
@nwaka_esther1:”Same koyin, Dede pple claim is smitten by her? 😂😂😂 the boys this season na anywhere belle face, asides from kola, no boy really send that babe.”
@flawlessbyflo:”Ha, see my first born, he don dey kiss? 🥺🥺.”
@naijagraphy:”This relationship no go survive for outside. ODOGWU MEN go ride Koyin . Sultana is too s*xy abeg. Koyin should enjoy it while it lasts.”
@karlar_chris_benjamin said:”Ebuka will ask …koyin how was the kiss w sultana…. from there now his friend ship w dede will scatter..lol.”
@vivoflagos:”I saw it live ooo 😂she was even laughing like it was her first love 😂Sulty baby don loose guard 🙆‍♀️.”
@_mshlehle:”Hope she will leave Dede’s name out of her mouth 🙏 she must free that gal.”
@janemira317:”Mother and son relationship.”
@babirye_sophie:”I didnt see this coming.”
@chinweotito_to_you:”This season, I dey vote based on content for that week… all my votes dey go out on Wednesday and na the housemate wey entertain me most that week I go vote….. this week, na Thelma get am.”
@jbabyprettygirl:”I tot she said her kinda man isn’t in this house. She now fell for a small boy😂. His cute sha😍.”

Copyright © 2025 Gistlover Media. All Rights Reserved

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Price of 1 Pi Network (PI) in Indonesia Today (9/15/25) – Pintu

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Jakarta, Pintu News – The price of 1 Pi Network (PI) in Indonesia today, September 15, 2025, was recorded at around Rp5,811 per coin (equivalent to $0.3548). This price movement comes amid great attention to the latest developments of the Pi network, which has just reached the v23 testnet upgrade.
This upgrade is an important milestone in Pi Network’s journey towards the long-awaited mainnet launch by its community. For crypto users and enthusiasts, this news is not just a technical update, but also a signal that the project is getting closer to becoming a fully functional cryptocurrency ecosystem.
The Pi Network (PI) price chart on September 15, 2025 shows a downward trend in the last 24 hours. At the beginning of the period, the PI price was hovering around $0.37, but considerable selling pressure drove the price down sharply to a low around $0.35. A few green candlesticks appeared in the middle of the session, signaling a rebound attempt from buyers, but the buying impulse was not strong enough to reverse the market direction.
On the left-hand side, the data shows that PI’s market capitalization stands at around $2.87 billion, with daily trading volume reaching $41.87 million, down more than 25% compared to the previous day. The outstanding supply was recorded at around 8.09 billion PI out of a maximum total of 100 billion PI.
Meanwhile, the community sentiment on the right side of the screen is still quite optimistic, with 88% of the votes showing a bullish stance despite the price correction. Community activity and discussions on the platform also remain lively, indicating that many market participants are still following the development of the PI ecosystem despite the short-term price pressure.
Read also: Bitcoin vs Ethereum: Which Crypto Treasury Strategy Excels in 2025?
Pi Network (PI), one of the most anticipated cryptocurrency projects, is making waves again. The network has officially achieved the v23 testnet protocol upgrade, which is being called an important milestone towards the mainnet launch. With the current price of PI around IDR 5,811 (equivalent to $0.3548), the community sees this step as a clear proof of the progress of the infrastructure that the development team is building. The momentum also revived the enthusiasm of users who have been mining PI tokens since the initial phase.
Pi Network began a series of updates since version 19, with the aim of refining its technical foundations before launching the main network. The previous version 22 introduced improvements to the blockchain API and core components of the system, setting the stage for a big step up to v23.
Now, Testnet 1 has been officially updated to v23, signaling the team’s readiness to enter the next phase. Testnet2 is expected to follow in a few days before the full transition to mainnet.
This upgrade also confirms Pi Network’s commitment to building a stable and secure crypto ecosystem. With a maximum supply of 100 billion PIs, the success of this upgrade reinforces confidence that the project is moving from the pilot stage towards wider adoption.
The community’s enthusiasm was evident on various social platforms, with many users mentioning v23 as a signal that Pi Network is ready to bring real utility.
Also read: Who is the Biggest XRP Owner in 2025?
The move to the v23 protocol means that the testnet environment now meets the technical standards required for a secure and reliable mainnet launch. Such updates typically include improvements to consensus algorithms, transaction handling, as well as compatibility between network layers.
With these upgrades, Pi Network ensures that its infrastructure is able to cope with real-world user demand.
For users, the immediate changes may not feel significant. However, for developers and validators, v23 provides an opportunity to test important functions before the main network is released.
This helps identify potential issues early so that the block chain can be maximally strengthened ahead of the full launch. The success of this stage is also an important foundation for expanding the adoption of Pi cryptocurrency globally.
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Best Crypto Presale 2025: Why MAGACOIN FINANCE Joins XRP and TRON on Analyst Watchlists – CoinCentral

The search for the best crypto presale of 2025 is gaining momentum, and MAGACOIN FINANCE is quickly gaining attention. Scarcity-driven tokenomics, high community demand, and dual audits make it an increasingly legitimate competitor in the presale market.
Its popularity comes when XRP and TRON are also in the limelight. The two projects are newly placed on analyst watchlists due to quite different reasons. XRP is gaining traction through its first U.S. spot ETF launch, TRON through its growing DeFi ecosystem, and MAGACOIN FINANCE with the growth potential of a new product with limited supply and transparent mechanisms. Together, these coins indicate that investors are balancing early-stage opportunities with proven credibility.
MAGACOIN FINANCE is emerging as one of the most promising crypto presales in 2025. Based on the Ethereum blockchain, its scarcity mechanism is appealing to both traders and long-term holders. The amount of tokens available is restricted to 170 billion. Every transaction burns 12% of the tokens, generating an endless deflationary force and making the long-term scarcity higher. This design is one of the distinctive items in a presale market that is normally overwhelmed with inflationary models.
There is already a strong interest from investors. Over 13,500 members have raised more than $13.5 million and allowed presale phases to scale progressively without affecting scarcity. Analysts point towards this adoption pace as an indicator of robust adoption and retail excitement.
The HashEx and CertiK audits contribute to additional credibility. Not many presales pass both security checks and this has reassured both the retail customers and the whales. To analysts, these characteristics explain why MAGACOIN FINANCE is increasingly appearing on 2025 watchlists.
Unlike other meme coins whose abundance in the market has caused overproduction of supply, MAGACOIN FINANCE is disciplined in design. According to the analysts, whales are starting to have a greater interest in assets that possess high scarcity mechanics. To them, MAGACOIN FINANCE hits the right boxes: capped supply, burn structure and community driven demand.
These are some of the reasons why many analysts keep it in the list of the most successful crypto presales of 2025. In a market that is seeking sustainability, the factor of scarcity is among the strongest indicators of long-term resilience.

In 2025, XRP has reappeared on analyst watchlists, benefiting from a long-awaited ETF in the U.S. spot market. REX Shares and Osprey Funds confirmed that the XRPR ETF had passed its review period under the Investment Company Act of 1940. The product will be released this week without any objections from the SEC.
The ETF is a big milestone for XRP. According to analysts, it will open up institutional flows and make it easier for traditional investors to access it. At the time of writing, XRP was trading above the critical support level between $2.70 and $2.80, at approximately $3.10. The resistance persists around $3.00-$3.10.
According to technical predictions, the future gains may reach $5 at the end of the year, whereas long-term gains may target $9 to $15. Along with increased use in international payments, the resurgent credibility of XRP is why the cryptocurrency is on analyst watchlists.
Moreover, TRON is continuing to expand the reach of its DeFi and stablecoin offerings. Its TRC20-USDT stablecoin pool is worth approximately $60 billion, representing dominance in terms of liquidity.
Its ecosystem is further strengthened by the presence of DeFi systems such as SunSwap and JustStable. TRON has the second-fastest-growing DApp ecosystem, with Tron products like TRONSCAN and Tron Wallet becoming widely adopted. A new gasless stablecoin by founder Justin Sun scheduled to launch in the future is also likely to drive demand in 2025.
TRX price projections are moderately optimistic. Analysts project a consistent increase powered by DeFi adoption and the liquidity of stablecoins. The development of its ecosystem makes TRON a relevant entry on the watchlist of analysts in the coming year.
The balance between old and new coins in the market can be detected by the existence of XRP, TRON, and MAGACOIN FINANCE on analyst watchlists. XRP presents the gains of regulation and the power of its ETF launch. TRON shows the ability to endure due to DeFi, liquidity of stablecoin, and infrastructure development.
However, MAGACOIN FINANCE offers something different. As an Ethereum-based presale with a capped supply, strong burn mechanics, and dual audits, its limited market cap provides room for growth that older projects cannot match.
MAGACOIN FINANCE has emerged as the best crypto presale of 2025 to investors. Its model of scarcity and fast adoption, according to analysts, places it in a position to outshine and it is the underdog to follow throughout the year.
Website: https://magacoinfinance.com
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Twitter/X: https://x.com/magacoinfinance
Telegram: https://t.me/magacoinfinance
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Crypto Crash: Why are Altcoins Like Sui, Dogecoin, MYX Going Down? – BanklessTimes

Since launching 12 years ago, Bankless Times has brought unbiased news and leading comparison in the crypto & financial markets. Our articles and guides are based on high quality, fact checked research with our readers best interests at heart, and we seek to apply our vigorous journalistic standards to all of our efforts.
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A crypto crash is underway even as the US stock market surged to a record high. Bitcoin and most altcoins, such as Dogecoin (DOGE), Sui (SUI), and MYX Finance (MYX), were among the top laggards. 
The market capitalization of all cryptocurrencies plunged to about $4 trillion, down from over $4.1 trillion. This article highlights some of the top reasons why the crypto market is going down.
Why a Crypto Crash is Happening: Options Expiry 
The ongoing crypto crash is happening as investors react to a $4.3 billion options expiry on Deribit.
Data shows that Bitcoin options worth about $3.5 billion and Ethereum valued at over $800 million will expire today.
For Bitcoin, the maximum pain was about $114,000, down from the current $116,00. Ethereum’s maximum pain was about $4,500, slightly higher than the current price.
Historically, cryptocurrencies tend to drop before and after a huge options expiry event as investors sell some of their positions.
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The other major reasons why the crypto crash is happening is that investors are booking profits after most of them went parabolic.
A closer look at the crash shows that the best-performers during the week were among the top laggards.
For example, MYX Finance moved from nowhere to becoming the best-performing coin in which some investors attributed to manipulation. It jumped by over 1,800% between its lowest and highest levels this month. 
Similarly, Dogecoin jumped ahead of the Rex-Osprey Dogecoin ETF (DOJE) and then slipped after its launch as investors booked profits and sold the news. Some of the other tokens that surged during the week and then plunged on Friday were the likes of Worldcoin, Mantle, and Pump.
A few technical factors explain why the crypto crash is happening. The most notable one, which is shown in the chart above, is that the Bitcoin price has formed a rising wedge and a bearish divergence pattern on the daily chart.
A rising wedge pattern happens when an asset forms two ascending and converging trendlines. A breakdown happens when the two lines are about to converge. The coin has also formed a bearish divergence pattern as the MACD and the Relative Strength Index have moved downwards.
MYX Finance also formed a giant double-top pattern as it surged during the week. It also became highly overbought as the RSI and other oscillators soared.
The other reason why the crypto crash is happening is that investors are selling the news after the Federal Reserve delivered its first interest rate cut of the year.
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