CME Group announced it has expanded its crypto derivatives offering to around-the-clock trading, allowing traders to access Bitcoin and Ethereum futures and options whenever they choose.
More than 172,000 traders were liquidated in a single day as Bitcoin’s losses piled up, pushing the cryptocurrency out of the world’s top 10 largest assets by market cap. Bitcoin now sits at 13th place, trailing gold, NVIDIA, Apple, Microsoft, and silver, among others. Related Reading: Unknown Wallet Destroys $8.5 Million In Bitcoin In Shocking Burn Longs Take The Brunt Total crypto liquidations reached $921 million within 24 hours, with Bitcoin alone accounting for $352 million. Ethereum followed at $241 million, while XRP, ZEC, HYPE, SUI, DOGE, and NEAR recorded the remaining losses. Long positions made up more than 90% of all liquidations, a sign that traders had bet on a price recovery that never came — resulting in forced selling rather than new bearish bets. Four-hour liquidations hit $95 million, with longs at $55 million and shorts at $39 million. Across exchanges, Hyperliquid and Bybit saw heavy long liquidations, OKX leaned toward short liquidations, and Binance recorded equa
Bitcoin (BTC) regained the $73,000 level on Friday after earlier dipping to $72,500 earlier in the day for the first time since April. While the rebound may look like a quick recovery on the chart, market analyst J.A. Maartun said the bigger story is what the data shows about selling pressure underneath the surface. In […]
Ethereum price struggles near $2,025 despite high leverage and bullish funding rates. Potential further downside as RSI nears oversold. Ethereum is sending mixed signals to the market. The asset trades at $2,025.53, according to CoinGecko, with a slim 0.41% gain over the past 24 hours. The weekly chart, however, paints a much weaker picture. ETH […]
The post Why Ethereum Isn’t Breaking Higher Despite Strong Funding Rates appeared first on Live Bitcoin News.
Strategy can cover its debt and preferred dividends even if Bitcoin drops to $8,000 — down from current levels around $73,000 — a claim the company makes as gold advocate Peter Schiff steps up his warnings about its business model. Related Reading: Crypto Card Payments Explode As Transaction Volume Nears $8 Billion A Model Built […]
CME's 24/7 trading for crypto futures enhances market efficiency, offering continuous hedging opportunities and aligning with global demand.
The post CME Group launches 24/7 trading for crypto futures, closing the gap on always-on markets appeared first on Crypto Briefing.
Crypto ETF flows remained under pressure on Thursday, May 28, as bitcoin funds posted a ninth straight day of withdrawals and ether products stretched their outflow streak to 13 sessions. Smaller altcoin vehicles, including XRP, HYPE, and Solana ETFs, drew modest inflows, but not enough to shift the market’s defensive tone. Bitcoin ETFs Fall Below […]
