In a rapid climb, Bitcoin surged past $46,000, causing over $160 million in losses due to liquidated short positions. The market, marked by extreme greed, faces scrutiny over Bitcoin's surge amid impending ETF expectations. Analysts emphasize assessing both market sentiment and fundamental metrics to understand the surge's true drivers.
Xu LinBitcoin experienced an 8% decline, losing $400 million in a two-hour liquidation amid concerns of SEC rejecting ETF applications. Matrixport remains cautious, anticipating rejections in January. Market volatility impacted by crypto stock weakness, triggering a $2 billion open interest reduction.
SanyaIn the past several years, DCR has observed increased interest by DCOs and DCO applicants.
OthersSouth Korean Authorities have told Binace to prohibit Do Kwon from extracting any cash.
BitcoinistThe move, granted by a British Virgin Islands court in November, allows officials to seek restructuring advice.
CoindeskThe Ethereum co-founder had reportedly received about 5,000 ETH before making the deposit into Uniswap, where he swapped ETH for USDC.
Beincrypto
Anthony Scaramucci and SkyBridge Capital will be the talk of the town in the coming days -- until they make ...
BitcoinistThe stablecoin issuer has once again explained that its investment in Celsius has no impact on its USDT reserves.
Cointelegraph