On May 22, Bitcoin long positions worth about $320 million were liquidated following the SEC's unexpected delay of a plan to grant exemptions for US crypto firms to trade tokenized stocks. This regulatory setback caused Bitcoin's price to drop toward $76,000 and ended a week of sustained buying pressure. Traders had built leveraged long positions expecting a regulatory green light, but the delay forced many to exit. The postponement highlights ongoing cautious regulatory moves in the US crypto market, impacting sentiment and market structure as investors await clearer rules on tokenized equities.
Bitcoin's price increased by 1.23% in one hour to reach $79,393 on Binance's BTC/USDT spot market, marking a 2.57% gain over 24 hours. During this period, short liquidations across Binance, Bybit, and OKX totaled $19.56 million, significantly exceedi...
Bitcoin recovered above $78,000 after briefly dropping below $76,000 due to initial election uncertainty following the US midterms where Democrats took control of Congress. The rebound was supported by a weaker US dollar and improved market sentiment...
In the latest 24-hour crypto flow data, Bitcoin (BTC) attracted the largest net inflow of approximately $125 million, signaling strong investor interest. Meanwhile, USD Coin (USDC) experienced the biggest net outflow at nearly $73 million, indicating...
In the latest 24-hour cryptocurrency flow data, Bitcoin (BTC) recorded net inflows of approximately $125 million, driven by $2.75 billion in inflows against $2.63 billion in outflows. Ethereum (ETH), USDC, USDT, and XRP experienced net outflows, with...
Bitcoin (BTC) and Zcash (ZEC) attracted the largest cryptocurrency inflows, with BTC drawing $64.93 million and ZEC $22.92 million. Ethereum (ETH) experienced the highest outflows at $26.06 million, exceeding its inflows of $9.41 million. Stablecoins...
