BingX Crypto & Financial News
The European Union has agreed to suspend its β¬93 billion retaliatory trade measures against the United States for six months. EU lawmakers are also expected to vote on ratifying the blocβs trade agreement with the U.S., as the legislative process has resumedβ¦
The European Parliament has postponed its decision on continuing negotiations for a U.S.-EU trade deal until February 4.
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BingX Crypto & Financial News
Glassnode indicates Bitcoin remains in a consolidation phase. While overall conditions are improving, caution persists. Increased buying activity and renewed institutional interest point to a gradual transition toward a more favorable market environment.
Market conditions have shifted toward increased caution across spot instruments, derivatives, and on-chain indicators, according to a Glassnode report. While leverage levels are beginning to decline, persistent selling pressure and heightened hedging activity indicate ongoing volatility. A return to stability will depend on a recovery in demand and a decrease in selling momentum.
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BingX Crypto & Financial News
Glassnode indicates Bitcoin remains in a consolidation phase. While overall conditions are improving, caution persists. Increased buying activity and renewed institutional interest point to a gradual transition toward a more favorable market environment.
Glassnode reports that market conditions remain cautious across spot instruments, derivatives, and on-chain indicators. Leverage levels are beginning to decline, but continued selling pressure and increased hedging activity indicate persistent volatility. Market stabilization will depend on a rebound in demand and a slowdown in selling.
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#ADA Sentiment: Over the past two months, whales have accumulated 454.7 million ADA, whereas small holders have Liquidated 22,000 ADA.
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#ADA sentiment has shifted over the past two months, with whales purchasing 454.7 million ADA, contrasted by small holders selling 22,000 ADA.
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Bitwise announces blockchain storage partnership with Morpho.
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Today's summary and tomorrow's events - https://t.me/bingx1/2147483647
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BingX Crypto & Financial News
South Korea to Pay $350 Billion to U.S. to Reduce Tariffs
Trump indicated that the U.S. may raise tariffs on South Korean goods from 15% to 25% after South Korea's legislature did not ratify a trade deal reached last year.
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Hyperliquid has achieved a significant milestone, establishing itself as the world's most liquid cryptocurrency price discovery platform, according to its founder. The platform has also become a leading venue for liquidity in TradFi perpetual assets, supported by the HIP-3 team.
Open interest on HIP-3 has surged to $790 million, driven by increased activity in commodity trading. Weekly open interest continues to reach new records, up from $260 million a month prior.
Open interest on HIP-3 has surged to $790 million, driven by increased activity in commodity trading. Weekly open interest continues to reach new records, up from $260 million a month prior.
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Bitmine has acquired an additional 20,000 ETH, valued at $58.22 million, and has staked 209,504 ETH, worth approximately $610 million. Including current stakes, the company has staked a total of 2,218,771 ETH, equivalent to roughly $6.52 billion, constituting over 52% of its total capital.
The expansion of Bitmine's Ethereum staking operations could potentially generate more than $160 million annually in revenue.
The expansion of Bitmine's Ethereum staking operations could potentially generate more than $160 million annually in revenue.
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Cryptocurrency traders have traditionally shifted between sectors such as memecoins, AI tokens, and blue chips based on prevailing trends, according to Santiment. Currently, retail investors appear to be exhibiting a broader sector rotation, with social media analytics indicating heightened interest in assets including gold, silver, and equities amid emerging price surges. Historically, retail-driven FOMO has often signaled market peaks; a recent example is silver, which surged above $117.70 before falling below $102.70 within two hours of retail investor enthusiasm hitting a peak.
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Cryptocurrency traders traditionally rotate through sectors such as memecoins, AI tokens, and blue chips based on prevailing trends. However, retail investors are now showing a greater willingness to shift sectors entirely, according to social media analytics. Increasing attention is being directed toward commodities like gold and silver, as well as equities, amid new price surges. Market analysts note that retail investorsβ enthusiasm often signals impending peaks, exemplified by silver's price movement β reaching over $117.70 before declining below $102.70 within two hours of peak FOMO.
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BingX Crypto & Financial News
In the context of a market correction, investors are advised to go long on BTC OG (1011short) at $779 million, as Bitcoin, Ethereum, and Solana face significant downward pressure. Additionally, an extra $20 million USDC was contributed to Hyperliquid. Overβ¦
BTC OG (1011short) maintained a long position on Hyperliquid for approximately 50 days, resulting in losses exceeding $100 million and paying over $8.2 million in funding fees. He has now closed his long positions and shifted to Aave. In the past two days, he withdrew 148,000 ETH, worth approximately $426.6 million, from Binance to Aave and borrowed $240 million in stablecoins. His health rate stands at 1.49, with a liquidation price of $1,954.
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BingX Crypto & Financial News
In the context of a market correction, investors are advised to go long on BTC OG (1011short) at $779 million, as Bitcoin, Ethereum, and Solana face significant downward pressure. Additionally, an extra $20 million USDC was contributed to Hyperliquid. Overβ¦
BTC OG (1011short) maintained a long position on Hyperliquid for approximately 50 days, resulting in losses exceeding $100 million and incurring over $8.2 million in funding fees. He has now closed his long positions and shifted to Aave. Over the past two days, he withdrew 148,000 ETH (worth $426.6 million) from Binance to Aave and borrowed $240 million in stablecoins. His health rate stands at 1.49, with a liquidation price of $1,954.
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The total trading volume across Binance Smart Chain prediction markets has exceeded $10 billion, with daily transaction volumes stabilizing in the $200 million to $300 million range. Opinion maintains a leading position, capturing over 50% of the BSC market share, primarily driven by its rewards points program. For additional details, visit dune.
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The total trading volume across Binance Smart Chain prediction markets has exceeded $10 billion, with daily activity stabilizing between $200 million and $300 million. Opinion maintains an early-mover advantage, capturing over 50% of the BSC market share, supported by its rewards points program. More details are available at Dune.
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Bitwise to Launch Blockchain Storage via Morpho
Bitwise is set to introduce blockchain storage through Morpho. cointelegraph
Bitwise is set to introduce blockchain storage through Morpho. cointelegraph
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BTC CEO CQ states that gold functions as a risk-reducing asset, while silver serves as a risk-mitigating asset. He notes that Bitcoin similarly acts as a risk-mitigating asset. If market perception continues to classify BTC as risky, it may indicate that the digital asset is undervalued.
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Bitcoin CEO CQ states that gold functions as a risk-reducing asset, while silver serves as a risk-mitigating asset. He notes that BTC similarly acts as a risk-mitigating asset, and if market perception continues to categorize it as a risky asset, it may indicate that Bitcoin is undervalued.
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BingX Crypto & Financial News
From January 19 to 23, last week, approximately $1.33 billion in net outflows were observed from spot Bitcoin ETFs, while spot Ethereum ETFs experienced net outflows of around $611.17 million.
Yesterday, spot Bitcoin ETFs experienced a net inflow of approximately $100.2 million, while spot Ethereum ETFs saw total net inflows of around $164.4 million.
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