Bitcoin is at the biggest discount to its record high since the U.S. election. What to know: The bitcoin price is languishing 13% below its record high, the most since the U.S. election. While long-term holders are selling into price…
Bitcoin’s value slid early Monday, dipping beneath the $94,000 mark. In the past 24 hours, a combined $271.22 million in crypto positions—both short and long—have been cleared out. Bitcoin Slides Into the Red—South Korea’s Premium Returns The leading digital asset,…
The crypto industry witnessed losses totaling $1.49 billion in 2024 due to hacks and fraud, marking a 17% decrease from 2023. According to a report by blockchain security platform Immunefi, hacks were overwhelmingly the primary cause, accounting for $1.47 billion…
The exchange-traded funds lost a record $671.9 million as bitcoin extended post-Fed losses below $100,000. What to know: Investors pulled a record $671.9 million from the 11 spot bitcoin ETFs on Thursday, snapping a 15-day winning trend. The annualized premium…
In a surprising twist of debate, Elon Musk has commented on the ongoing speculation surrounding the fate of Sam Bankman-Fried (SBF), the disgraced founder of FTX, on getting a pardon. In response to an X post about Bankman-Fried’s past as…
MEXC, the world’s leading cryptocurrency exchange, achieved outstanding results in November. Its derivatives trading products are experiencing unprecedented growth, propelling the platform into the top five global cryptocurrency derivatives exchanges by trading volume. This milestone underscores MEXC Futures’ dominant position…