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Global Asset Rotation: Why Does Liquidity Drive Cryptocurrency Cycles? (Part 1)

The founder of WazirX stated that the ownership dispute with Binance has entered the litigation stage.

Spot gold broke through $4,540/ounce, while spot silver continued to hit new highs.

A trader short a paper profit of $1.77 million by shorting Bitcoin, Ethereum, and SOL.

In the past 24 hours, the total contract liquidation of the entire network was US$238 million, mainly due to the collapse of long orders.

ABN AMRO obtains EU MiCAR authorization and completes its first international smart derivatives contract transaction.

ETH fell below $2,900, down 2.09% on the day.

BTC fell below $87,000, down 1.55% on the day.

GlassNode Co-founder: Bitcoin price trend is positive, and pressure from derivatives trading is dissipating.

BTC fell below $88,000, down 0.44% on the day.

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