Crypto exchange MEXC has announced a $300 million ecosystem development fund aimed at supporting Web3 projects over the next five years.The initiative, unveiled at Token2049 in Dubai, is designed to support early-stage blockchain technologies, public
Capital poured into US-listed Bitcoin exchange-traded funds this week, with Tuesday alone witnessing nearly $1 billion in fresh cash.The rush propelled weekly inflows to $1.2 billion and total assets under management (AUM) to $103 billion, based on B
US-based Bitcoin exchange-traded funds (ETFs) had their largest day of net inflows since late January, as crypto markets remained buoyant over the Easter weekend.The 11 Bitcoin -tracking funds saw a joint net inflow of $381.3 million on April 21, lar
U.S. spot bitcoin exchange-traded funds recorded $381.4 million in net inflows on Monday — marking their largest daily inflows since Jan. 30 — as bitcoin outperformed traditional financial markets amid sharp declines in major U.S. stock indexes and t
Mantra founder and CEO John Patrick Mullin has started unstaking 150 million of his Mantra (OM) tokens in preparation for sending them to a burn address in an attempt to restore the token’s value by tightening supply. Mantra announced on April 21 tha
It's not the kind of Easter surprise traders were hoping for, as over the past four hours, Bitcoin has seen a massive 13,520% long-to-short liquidation imbalance, with $9.62 million in longs wiped out compared to just $71,000 in shorts. The move cam
Seychelles-based OKX has legally launched a centralised crypto exchange in the United States, less than two months after settling with the Justice Department by paying $504 million for previously operating in the country without authorisation. It has
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.I hope you had a good weekend, folks! As market sentiment remains mixed following the latest Trump tariff turmoil, all eyes are on Fed Chai
A 346% liquidation imbalance is exactly what happened today as Bitcoin flushed out $52 million in longs against just $15 million in shorts, flipping sentiment and price direction without any macro trigger or breaking news — just a correction born pu
Spot bitcoin exchange-traded funds in the U.S. saw their sixth consecutive day of total net outflows on Thursday, as investors moved away from risk assets amid ongoing tariff tensions.According to data from SoSoValue, spot bitcoin ETFs saw $149.6 mil
XRP fell on April 7 as the wider crypto market sold off, and the US-led tariff war dragged on into a third day. Nearly $60 million worth of XRP futures positions were liquidated over the last 24 hours and analysts said that the lack of enthusiasm am
A wallet linked to the $40 million ZKasino scam lost more than $27 million after a leveraged position was liquidated, marking what some in the crypto community are calling a dose of karmic justice.ZKasino launched in April 2024, luring investor capit
Today in crypto, as the market bloodbath continues, one Ethereum whale was forced to make an emergency $14 million Ether deposit to avoid the potential liquidation of a short position worth around $340 million, Bitcoin hashrate trackers show the netw
Decentralized cryptocurrency exchanges (DEXs) continue to challenge the dominance of centralized platforms, even as a recent $6.2 million exploit on Hyperliquid highlights risks in DEX infrastructure.A cryptocurrency whale made at least $6.26 million
Metaplanet, a Japanese investment firm that has adopted a bitcoin accumulation strategy, has bought an additional $13.3 million worth of BTC — just one day after it made its largest bitcoin purchase to date.The Tokyo-listed firm disclosed on Wednesda
Seoul-based Bithumb reportedly booked $110 million in net profits over 2024 as global crypto tailwinds turned bullish and U.S. institutional adoption drove bitcoin prices to historic highs. Profits skyrocketed 560% last year while sales almost triple
Dubai-based crypto market maker and investor DWF Labs launched a $250 million Liquid Fund to accelerate the growth of mid- and large-cap blockchain projects and drive real-world adoption of Web3 technologies.DWF Labs is set to sign two investment dea
The ecosystem of a popular meme coin has attained two major milestones, showing the continued interest in the token that could lead to a bullish scenario. Analysts reported that Shiba Inu recently reached 1.5 million holders while its Shibarium recor
On Tuesday, an infamous trader nicknamed the "Hyperliquid whale" closed a leveraged short bitcoin position of over half a billion dollars on the decentralized perpetual trading platform.Blockchain analytics platform Spot On Chain identified the trade
U.S. spot bitcoin exchange-traded funds saw their third consecutive day of total daily net inflows on Tuesday, while spot ether ETFs reached a record net outflow streak.According to data from SoSoValue, U.S. spot bitcoin ETFs had a total daily net in