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Data: If Bitcoin falls below $64,000, the cumulative long position liquidation intensity on mainstream CEX will reach $984 million

According to Coinglass data, if Bitcoin falls below $64,000, the cumulative long liquidation intensity on mainstream CEX will reach $984 million. Conversely, if Bitcoin breaks through $68,000, the cumulative short liquidation intensity on mainstream CEX will reach $991 million.The liquidation chart ...

State Street Bank launches a stablecoin reserve money market fund compliant with the GENIUS Act

According to The Block, State Street Bank has launched the State Street Stablecoin Reserves Money Market Fund (SSCXX), providing reserve asset management tools for stablecoin issuers. This fund is a Rule 2a-7 government money market fund, primarily investing in cash, short-term U.S. Treasury securit...

The U.S. CFTC Chairman reiterated that each perpetual contract asset will be reviewed individually

Mike Selig, Chairman of the U.S. Commodity Futures Trading Commission (CFTC), reiterated that the review of cryptocurrency perpetual contracts will be conducted on a "single asset" basis. CFTC staff had previously clarified this position in the advisory opinion regarding 24/7 continuous trading, and...

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Data: If Bitcoin falls below $64,000, the cumulative long position liquidation intensity on mainstream CEX will reach $984 million

State Street Bank launches a stablecoin reserve money market fund compliant with the GENIUS Act

The U.S. CFTC Chairman reiterated that each perpetual contract asset will be reviewed individually

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