BingX Crypto & Financial News
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🌐 Your portal to the crypto and financial world. Breaking news, insights, and analysis from BingX and crypto market.
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The Bitcoin fear and greed index has dropped to 5, signaling extreme fear in the market.
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The Bitcoin fear and greed index currently stands at 5, reflecting extreme fear.
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Erik Voorhees, founder of ShapeShift, invested 20.38 million USDC to acquire 9,911 ETH at a price of $2,057.
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Polymarket now assesses a 75% probability that Bitcoin (BTC) will reach $55,000 by 2026. cointelegraph
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Polymarket now prices the probability of Bitcoin reaching $55,000 by 2026 at 75%. cointelegraph
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The BTC network has recorded six consecutive months of low activity, a trend last observed in 2024 when Bitcoin’s price declined by 30%. Such decreased network activity generally signals waning interest in the asset and potential financial losses.
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The Bitcoin network has experienced six consecutive months of low activity. The last comparable period occurred in 2024, coinciding with a 30% decline in BTC prices. Historically, such declines in on-chain activity suggest waning investor interest and potential downside momentum.
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South Korea’s Hanwha Asset Management has partnered with the Jito Foundation to explore the development of exchange-traded products linked to JitoSOL within the country.
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A finance-focused application, backed by Hyperliquid, has raised $11.5 million in funding from investors including Pantera, Coinbase Ventures, Wintermute Ventures, and others, according to The Block.
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The Bitcoin strategy firm added 592 BTC to its holdings last week.
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Bitmine acquires 51,162 ETH in the past week.
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Bloomberg: CZ remains a significant shareholder in BinanceUS and is considering a deeper partnership with banks.
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Eric Trump deleted a tweet announcing the addition of more USD1 trading pairs on Binance, leading to an 8% decline in WLFI price amid significant sell-offs. By 15:55 Moscow time, WLFI rose to second place in total sales across all centralized exchanges, briefly losing its dollar peg. Additionally, a wallet that received 26.6 million WLFI—equivalent to $3.2 million—from an address linked to World Liberty Financial two days prior transferred 6 million WLFI, valued at $664,000, on Binance.
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Eric Trump deleted a tweet announcing the addition of more USD1 trading pairs on Binance, leading to an 8% decline in WLFI price amid substantial sell-offs. By 15:55 Moscow time, WLFI surged to the second position in overall sales across centralized exchanges, with the token briefly losing its dollar peg. Additionally, a wallet that received 26.6 million WLFI (approximately $3.2 million) from an address linked to World Liberty Financial two days prior transferred 6 million WLFI (valued at $664,000) on Binance.
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Crypto.com has received conditional approval from the OCC for a future federal banking license.
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BingX Crypto & Financial News
IoTeX reports that the network is secure following recent management of a security incident. Estimated losses from the exploit amount to approximately $2 million, including USDC, USDTT, IOTX, and WBTC. Network operations and deposits are expected to resume…
IoTeX confirms the integrity of its Layer 1 network, with user assets on the platform and associated exchanges remaining secure. The attacker created 410 million CIOTX tokens and withdrew approximately $4.4 million worth of tokens from bridge reserves in various amounts. More than 86% of all issued tokens are currently frozen. Additionally, 12.8% (52.4 million IOTX) has been traced to Binance, with ongoing collaborations to enforce a freeze. Only 0.4% ($1.7 million) has been traded on decentralized exchanges and is considered at risk.
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BingX Crypto & Financial News
Eric Trump deleted a tweet announcing the addition of more USD1 trading pairs on Binance, leading to an 8% decline in WLFI price amid substantial sell-offs. By 15:55 Moscow time, WLFI surged to the second position in overall sales across centralized exchanges…
World Liberty Financial reports a coordinated attack on USD1 today, involving the compromise of multiple co-founder accounts, targeted dissemination of FUD through paid influencers, and substantial short positions taken against $WLFI to capitalize on the resulting market instability.
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The Trump Peace Council is exploring the development of a dollar-backed stablecoin to support Gaza’s economic reconstruction.
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