BitMart, a cryptocurrency exchange operating for nine years, announced it will shut down its trading platform by August 26, 2026, and cease all operations by January 31, 2027. The closure was attributed to challenging operating conditions, market environment, and future strategy, though no specific reasons were detailed. Following the announcement, BitMart's BMX token dropped 58% in 24 hours, continuing a yearlong decline. Users have until August 26 to close trades and six months to withdraw funds, with withdrawals subject to enhanced security checks that may delay processing.
Hydropower has become the largest energy source for Bitcoin mining, overtaking natural gas, with low-carbon energy now accounting for nearly 60% of the total energy mix. Despite a 38% increase in electricity use from June 2024 to December 2025, emiss...
EtherFi's token price fell 9% driven by a bearish market sentiment score of -6 and a slight decrease in holder count, possibly due to delayed payouts this quarter. Despite the price drop, the protocol remains profitable, generating $2.39 million in f...
BitMart announced it will shut down its trading platform in stages, starting July 26, 2026, with full cessation by January 31, 2027. Users must complete KYC and withdraw funds by August 26, 2026, to avoid delays, as withdrawals will undergo manual re...
Bitcoin options data reveals a dominant bullish trend in medium-term positioning, with call options making up 66.29% of open interest, signaling trader confidence in higher prices ahead. However, near-term trading volume is nearly balanced between ca...
WisdomTree, Inc. currently trades at a price-to-earnings ratio of 17x, significantly above the industry average of 10x, without clear justification for this premium. The company's year-over-year assets under management growth has been supported by eq...
