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An SEC official has stated that they received death threats over regulatory positions, highlighting the crypto community's opposition to regulators. Meanwhile, Bitcoin ETF inflows have reversed the market downturn, and the Ethereum ecosystem is facing challenges, with the Layer 2 sybil attack exacerbating the mainnet's predicament.
Ethereum’s transaction fee revenue has dramatically decreased, primarily due to a drop in Layer 2 activity and the NFT market slowdown. ETH’s price also follows a sharp downward trend, falling 58.8% from its all-time high.
Share link:In this post: Frank Founder Charlie Javice could receive a 30-year prison sentence for fraud. JPMorgan Chase claims Javice and Amar fabricated data to get them to close the deal. Javice’s legal team believes the bank was more interested in her expertise than Frank’s user data.
- 20:07Data: $188 million in liquidations across the network in the past 24 hours, with $57.05 million in long positions and $131 million in short positions liquidatedAccording to ChainCatcher, citing data from Coinglass, the total liquidations across the network in the past 24 hours reached $188 million, with long positions accounting for $57.0539 million and short positions for $131 million. Specifically, Bitcoin long positions saw $1.449 million in liquidations, while Bitcoin short positions reached $30.1089 million. For Ethereum, long positions were liquidated for $13.8305 million, and short positions for $43.4275 million. In addition, over the past 24 hours, a total of 81,775 traders were liquidated globally, with the largest single liquidation occurring on a certain exchange's BTCUSDT pair, valued at $2.6763 million.
- 19:47Total Cryptocurrency Market Capitalization Surpasses $4 TrillionAccording to Jinse Finance, data shows that the total cryptocurrency market capitalization has now surpassed $4 trillion, currently standing at $4.004 trillion, with a 24-hour decline of 2.8% and a 24-hour trading volume of $121.8122 billion. At present, BTC holds a market share of 59.1%, while ETH accounts for 11.6%.
- 18:48$128 Million in Liquidations Across the Market in the Past 12 Hours, Primarily Short PositionsAccording to Jinse Finance, data shows that in the past 12 hours, total liquidations across the network reached $128 million, with long positions accounting for $38.18 million and short positions for $89.84 million, mainly driven by short liquidations. ETH liquidations amounted to $37.76 million, while BTC liquidations totaled $29.25 million.