News
Stay up-to-date on the most trending topics in crypto with our professional and in-depth news.
Volatility in the crypto market has caused over $280 million in short liquidations over the past 24 hours.Ether positions saw almost $98 million in liquidated shorts after ETH surged over 22% in a day.
Analysts dramatically raised the odds of spot Ethereum ETF approvals yesterday amid signs of a 180 from the Securities and Exchange Commission.Last week’s Senate vote to overturn the SEC’s Staff Accounting Bulletin 121 could be behind a potential emerging alliance between Wall Street, crypto and Washington.
Open interest for ether futures on centralized exchanges has reached a new high — hitting $14 billion.The rise in open interest coincides with an 18% increase in the price of ether to $3650 in the last 24 hours.
- 07:09A trader sold AGiXT and missed out on potential profits of over 4.4 million US dollarsAccording to Lookonchain monitoring, a trader bought 46.5 million AGiXT for $1756 and liquidated AGiXT for $6284, making a profit of $4529 but missing out on potential earnings worth over $4.4 million. Currently, the value of 46.5 million AGiXT has exceeded $4.4 million.
- 07:08Grayscale Executive: Cryptocurrency Industry May Welcome "Dozens of Small Victories" by 2025According to Cointelegraph, Grayscale's Research Director Zach Pandl stated that after the two "major victories" of last year's spot crypto ETF approval and Trump's election win, the crypto industry is expected to welcome many more "dozens of small victories" by 2025. He pointed out that institutional investor participation will continue to increase, including pension funds and donation funds. Some funds may officially approve the allocation of crypto assets within 6 to 12 months, with an allocation ratio of up to 5%. In addition, Pandl expects sovereign wealth funds outside the United States will also increase their allocation efforts towards cryptocurrencies. He emphasized that Ethereum could be one of the most important open-source software projects in history. At the same time, decentralized finance (DeFi), real-world assets and artificial intelligence tokens may attract more private fund attention.
- 06:49The incentive pre-deposit vault TVL of Berachain has reached 1.8 billion US dollarsGolden Finance reports, according to data from the Boyco website, Berachain's incentive pre-deposit vault TVL has reached 1.8 billion US dollars.