BitMEX Begins Staged Shutdown as Traders Lose Position Control
Derivatives exchange BitMEX has initiated its staged wind-down, halting new positions and outlining key dates for forced closures and withdrawal changes.
Read articleDerivatives exchange BitMEX has initiated its staged wind-down, halting new positions and outlining key dates for forced closures and withdrawal changes.
World Liberty Financial has deployed its USD1 stablecoin natively on the Canton Network to enable institutional settlements for tokenized real-world assets.
Fairlead Strategies managing partner Katie Stockton notes Bitcoin is no longer oversold and highlights market factors driving the recent rally.
Crypto-margined Bitcoin futures have dropped to about 12% of open interest, while recent liquidations highlight ongoing volatility in the derivatives market.
Bitcoin treasury firm Metaplanet transferred 1,000 BTC valued at $79.77 million to Coinbase Prime following its recent milestone of reaching 43,000 BTC in total holdings.
Traders are rotating into altcoins following a recent rise in Bitcoin, with Kaspa, Solana, and Hyperliquid drawing renewed focus from market observers.
Copper futures reached an all-time high closing price on Comex, driven by a broader debasement trade that is pushing precious metals and Bitcoin upward.
POSCO International America completed a pilot tokenizing real trade receivables on the Avalanche blockchain in a project backed by Olea and Intain.
Dallas asset manager Strive added $17.1 million to its cash reserves during the same week it spent roughly $81.5 million to purchase 1,110 bitcoin.
Dogecoin has entered a significant accumulation phase as large holders acquire millions of tokens, according to market data shared by an analyst.