Bitcoin buyers build bids at 5K as crypto market meltdown nears conclusion

Bitcoin buyers build bids at $105K as crypto market meltdown nears conclusion

Deep Bitcoin bids below $105,000 signal a market cleanup phase from last week’s historic liquidation event. After the dip-buying ends, will BTC reclaim $117,500? Key takeaways: Deep liquidity bids now cluster around $105,000-$100,000, signaling market stabilization. Over 90% of BTC supply remains profitable, confirming a leverage-driven, not panic, sell-off. Read more If you liked the…

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Crypto leverage trader James Wynn loses M on Bitcoin bet

Crypto leverage trader James Wynn loses $25M on Bitcoin bet

Hyperliquid leverage trader James Wynn has claimed the market is being manipulated against him after he was liquidated for 240 Bitcoin, worth $25 million. The millionaire leveraged crypto trader James Wynn has been liquidated of nearly $25 million in Bitcoin after betting with leverage that the cryptocurrency’s price would rise. Wynn was liquidated for 240…

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Hyperliquid backs 24/7 crypto trading in CFTC comments submission

Hyperliquid backs 24/7 crypto trading in CFTC comments submission

Decentralized exchange Hyperliquid has submitted formal comments to the US CFTC supporting 24/7 perpetual derivatives trading. Hyperliquid, a decentralized perpetuals exchange operating on its own layer-1 blockchain, has submitted formal comments on 24/7 derivatives trading to the United States Commodity Futures Trading Commission (CFTC). In a May 23 X post, Hyperliquid Labs announced that it…

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Crypto.com secures EU license to launch crypto financial derivatives

Crypto.com secures EU license to launch crypto financial derivatives

Crypto.com has secured a MiFID license to offer regulated crypto derivatives in the European Economic Area, expanding its presence in Europe following earlier MiCA approval. Mobile-first crypto exchange and payment platform Crypto.com secured a license allowing it to offer cryptocurrency financial derivatives in the European Economic Area. According to a May 21 announcement, Crypto.com secured…

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