CEX

CEXs are platforms managed by centralized organizations that facilitate the trading of cryptocurrencies, offering high liquidity and user-friendly fiat on-ramps. Leaders like Binance, OKX, and Coinbase serve as the primary gateways for institutional and retail entry. In 2026, the industry focus is on Proof of Reserves (PoR), enhanced regulatory compliance, and hybrid models that offer self-custody options. This tag provides updates on exchange security, listings, and global market trends.

4245 Articles
Created: 2026/02/02 18:52
Updated: 2026/02/02 18:52
The stablecoin market is undergoing a transformation following the crash: a massive migration of billions of dollars as funds move away from leverage and embrace real returns.

The stablecoin market is undergoing a transformation following the crash: a massive migration of billions of dollars as funds move away from leverage and embrace real returns.

Author: Frank, PANews The market crash on October 11 not only broke through the price defenses of crypto assets, but also triggered a massive migration of billions of dollars in the stablecoin sector. Data shows that since October, the total market capitalization of stablecoins has shrunk from $308.7 billion to $302.8 billion, with nearly $6 billion leaving the market. In this ebb tide, the leading compliant stablecoin, USDC, was hit hardest, with its supply on the Solana chain experiencing a precipitous drop. Meanwhile, USDe, previously a rising star in stablecoins, also saw a significant decrease in issuance due to the liquidation of revolving loan leverage. However, this is not simply a capital flight, but a brutal competition. When we peel back the layers of the data, we find that this is a shift from "speculation" to "rationality." Capital is flowing from the high-leverage on-chain gaming arena to safe havens with stronger compliance, smoother fiat currency channels, and real RWA returns. The "double whammy" of the Solana ecosystem and USDC In this wave of market capitalization decline, USDC has become the biggest "bleeding point." Data shows that USDC accounted for half of the nearly $6 billion outflow, with its total market capitalization falling from $76.3 billion to $73.5 billion, a decrease of $2.8 billion. The decline in USDC is mainly due to a 18.24% decrease in USDC issuance on the Solana chain over the past month. On October 11, the total amount of USDC issued on the Solana chain was approximately $12.8 billion, but by November 23, it had dropped to $8.7 billion, a reduction of 4.1 billion USDC. During the same period, the total value of funds (TVL) on the Solana chain also decreased from $12.9 billion to $8.79 billion, a drop similar to that of USDC's supply. Top-ranked DeFi protocols on Solana also experienced significant declines in TVL during this phase. From this perspective, after the market crash on October 11th, a large amount of capital on the Solana chain chose to directly redeem stablecoins to mitigate market risk. Taking Pump.fun as an example, according to on-chain analyst Yu Jin, in the past week, the Pump.fun project team transferred 405 million USDC to Kraken. Then, during the same period, 466 million USDC were transferred from Kraken to Circle, which likely represents a withdrawal. This money came from Pump.fun's private sale of PUMPs to institutional investors in June. However, Pump.fun co-founder Sapijiju responded, stating, "This is completely false information; Pump.fun has never cashed out," and that this was simply a fund management operation. Solana wasn't the only one experiencing a liquidity crisis. Hyperliquid, known for its highly leveraged derivatives trading, also saw its stablecoin issuance drop from $6 billion to $4.4 billion, a 25% decrease. This comprehensive contraction directly impacted Circle's performance on the US stock market. Hit by both poor revenue expectations and a sharp decline in USDC supply, Circle's stock price plummeted from a high of $240 to below its IPO price, falling to $71.3. The once-promising "compliant stablecoin unicorn" myth seems to be facing its first crisis since its IPO. USDe Crisis and Sui's Stablecoin Data Gaffe If the decline of USDC is a cyclical deleveraging, then the crisis of USDe exposes the structural vulnerability of algorithmic stablecoins in a bear market. Since October 10th, the supply of USDe has halved from $14.6 billion to $7.38 billion, and its price on Binance briefly de-pegged to $0.65 due to a short-term lack of liquidity. The main reason for this de-pegging was the mass withdrawal of liquidity providers from centralized exchanges during the panic, resulting in extremely thin order books. Meanwhile, although USDe's official redemption mechanism functioned normally, its off-exchange settlement process had a delay of several hours. This delay prevented arbitrageurs from quickly profiting during the brief flash crash, thus failing to pull the discount on the CEX back to the $1 peg, amplifying the de-pegging magnitude. The sharp drop in issuance was actually due to the market crash causing a dramatic fall in funding rates for perpetual contracts, even turning negative. This rendered the "revolving loan" leverage strategy, widely deployed on lending platforms like Aave and Morpho, economically unsustainable. With yields below borrowing costs, traders were forced to deleverage and liquidate positions on a massive scale, leading to a contraction in USDe supply. Afterwards, OKX CEO Star stated on the X platform: "USDe should not be viewed as a stablecoin pegged 1:1 to the US dollar; it is a tokenized hedge fund." Even though Ethena set a record high of $151 million in fees captured in Q3 of this year, it couldn't withstand the loss of market confidence caused by the sharp decline in yields. While USDe yields have now rebounded to above 5%, overall supply and trading volume are both declining. Amidst extreme market anxiety and a thirst for the next growth driver, a data blunder involving the Sui blockchain became an unexpected incident. On November 24th, Artemis data showed that the stablecoin supply on the Sui chain had increased by $2.4 billion. Social media users speculated that this might indicate certain institutions or "smart money" were actively deploying assets on the Sui chain. Even the official Sui team engaged in the discussion, replying with "stablesmaxxing" (stablecoin maxed out). However, PANews' investigation revealed that this may have been a misunderstanding. After careful comparison of multiple data dashboards, USDC is indeed the most issued stablecoin on Sui, with a current market capitalization of approximately $480 million. Other stablecoins on Sui have issuances in the tens of millions of dollars. According to Defillama data, the current total supply of stablecoins in the Sui ecosystem is approximately $653 million. If $2.5 billion were to flow in or be issued in a single day, it would mean that the stablecoin supply on Sui would increase by about four times. On-chain information also shows that the issuance of USDC on Sui is $482 million, with the largest holding address being the Binance exchange, holding approximately 148 million coins. Subsequently, Artemis updated this data, showing that the stablecoin supply on Sui has increased by $117 million in the past seven days. A new direction for risk aversion: embracing returns. After funds are withdrawn from high-risk areas, they do not disappear completely, but flow to safer and more functional assets. During the market downturn, USDT once again proved its dominance as the top stablecoin, with its total market capitalization not only remaining unaffected but also repeatedly breaking new records, reaching $184.7 billion. In contrast to the decline of USDC, other compliant stablecoins have seen significant growth. Since the market crash on October 11, the issuance of PYUSD has bucked the trend, increasing from $2.5 billion to $3.6 billion, a growth of nearly 50%. Among public blockchains, PYUSD's growth is mainly attributed to the growth of the Ethereum mainnet, which has increased by 57% in the past month. Data released by Token Terminal on November 9th shows that PYUSD has become one of the fastest-growing tokenized assets with a market capitalization exceeding $1 billion. Compared to other stablecoins, PYUSD's core advantages likely lie in its convenient fiat currency exchange channels and relatively stable yield. PYUSD previously maintained an APY of over 10% on the Solana blockchain through subsidized yields. Furthermore, PYUSD's compliance is also a key factor considered by many institutional investors. Furthermore, the issuance of USYC, another yield-generating stablecoin issued by Circle, has also increased by 45% in the past month, with a total issuance increase of approximately $500 million. This indicates that during periods of market turmoil, institutional investors are no longer satisfied with holding zero-interest cash or willing to take on the high risks of DeFi, but instead prefer the stable returns of RWA tokens pegged to US Treasury bonds. Data from RWA.xyz also shows that the recent issuance of RWA assets has not been affected by the market downturn and continues to grow steadily. It increased by 10%, from $33 billion on October 11th to $36 billion. A period of market turmoil has served as a litmus test for the stablecoin market. It has not only allowed the market to distinguish which stablecoins are primarily used for high-leverage trading and which are used as investment targets for large institutions, but it also reflects that the crypto market has officially bid farewell to the "wild west" era of solely relying on on-chain leverage to drive growth. Conversely, the counter-trend breakout of PYUSD and the steady growth of RWA assets prove that funds are starting to vote with their feet. In turbulent times, more convenient fiat currency channels, more transparent compliance backing, and real returns based on US Treasury bonds are the core competitive advantages for retaining funds. The outflow of $6 billion may offer us a glimpse into the next phase of the stablecoin war. It's no longer a race to print money, but a contest of scenarios, trust, and the quality of underlying assets. For issuers, the only ticket to the next bull market will be evolving from "fuel" for on-chain speculation to a "bridge" in financial and trade processes.

Author: PANews
What Is Bitcoin? Is Bitcoin a Good Investment in 2025?

What Is Bitcoin? Is Bitcoin a Good Investment in 2025?

If you’ve been researching the crypto industry and crypto investments, you must have come across Bitcoin in your search. Bitcoin is the first cryptocurrency and most traded digital currency that powers peer-to-peer transactions without intermediaries (such as traditional banks). Over time, Bitcoin has become increasingly popular, and user adoption has encouraged more investors to consider investing in BTC. If you’re on this boat, it is only right that you understand the ins and outs of the crypto industry before investing. Therefore, this article covers what Bitcoin is and how it works, its history, use cases, and Bitcoin mining. Additionally, we will show you how to buy BTC and the risks and challenges accompanying Bitcoin investments. What is Bitcoin and How Does it Work? Bitcoin is a decentralized digital currency that operates on a peer-to-peer network without a central authority. It works using a public distributed ledger called the blockchain, which records Bitcoin transactions in chronological order. Each transaction is validated by a network of computers (nodes) through cryptographic proof, preventing fraud. The blockchain is composed of blocks, each containing a batch of verified transactions and a cryptographic hash linking it to the previous block, forming a secure chain. To add a block to the blockchain, a process called mining occurs, in which specialized computers solve complex computational puzzles (proof-of-work). Mining not only confirms transactions but also secures the network and rewards miners with new bitcoins. However, over the years, Bitcoin mining has become more expensive. This is due to the significant increase in the network’s computational power (hashrate) and the resulting energy consumption. The hashrate nearly doubled recently, leading to more machines competing to mine fewer new Bitcoins. One of the reasons for this is Bitcoin’s halving events, which reduce the block reward over time. Hence, miners must run more powerful hardware to solve complex cryptographic puzzles, and this requires more electricity.  Currently, mining a single Bitcoin consumes about 854,400 kilowatt-hours of electricity, which is equivalent to the annual power use of over 81 US households. The total electricity used to mine Bitcoin daily is immense, accounting for additional overhead such as cooling and infrastructure inefficiencies. This surge in energy demand drives up operational costs, with electricity accounting for 60-80% of miners’ expenses. As a result, smaller, less efficient miners are pushed out, with mining concentrating among large-scale operations that have access to cheap or renewable energy sources. Who Created Bitcoin? Bitcoin was created by an individual or group using the pseudonym Satoshi Nakamoto. Nakamoto introduced Bitcoin to the world in a 2008 whitepaper titled “Bitcoin: A Peer-to-Peer Electronic Cash System,” which described the concept of a decentralized digital currency operating without central authority. The History and Evolution of Bitcoin Bitcoin’s history began in 2008, when an anonymous person or group, using the pseudonym Satoshi Nakamoto, published a white paper describing the network and its operation. After this, the Bitcoin network was launched on January 3, 2009, when Nakamoto mined the genesis block. This was the first block on the Bitcoin blockchain, and it had an embedded message referencing the financial crisis and symbolizing a new vision for decentralized finance. The first Bitcoin transaction occurred later in 2009, when Nakamoto sent 10 Bitcoins to computer scientist Hal Finney. In 2010, Bitcoin gained real-world value when a user bought two pizzas for 10,000 BTC. This event is now celebrated annually as Bitcoin Pizza Day. The following years saw the rise of exchanges like Mt. Gox, which played a crucial role in Bitcoin’s early adoption. Although the exchange eventually collapsed due to hacks. Bitcoin evolved from a niche digital currency into a widely recognized financial technology. Over the years, it has led to the creation of thousands of alternative cryptocurrencies (altcoins) and hundreds of blockchain-based projects. Bitcoin’s Role in Shaping the Cryptocurrency Industry Bitcoin has played, and continues to play, a foundational role in shaping the entire cryptocurrency industry. It introduced the concept of a decentralized virtual currency based on blockchain technology. Bitcoin set the standard for security, transparency, and decentralization that many other cryptocurrencies now replicate or improve upon. In fact, Bitcoin’s market dominance influences altcoin prices and trading volumes. Many investors use it as a benchmark or gateway into the crypto market. The Technology of Bitcoin’s Blockchain The technology behind Bitcoin’s blockchain is a decentralized, public ledger maintained by a P2P network of computers, called nodes. Here is a breakdown of the technology behind Bitcoin’s blockchain and why encryption is an invaluable part of the ecosystem. Blockchain Bitcoin’s blockchain operates without a central authority. It relies on a proof-of-work (PoW) mechanism to secure the network and prevent double-spending. To add new blocks, miners compete to solve computationally difficult cryptographic puzzles. The first miner to find a valid solution earns the right to add a new block of transactions to the blockchain.  This process confirms transactions and rewards miners with new Bitcoin, creating an incentive encouraging miners to continue securing the network. The network automatically adjusts the mining difficulty roughly every two weeks to ensure that new blocks are added at a steady pace, regardless of the total mining power. For transactions, Bitcoin uses elliptic curve cryptography (ECC) to generate private–public key pairs. This allows users to prove ownership and securely sign transactions. The transactions follow the UTXO model, where each transaction consumes previous outputs and creates new ones. With this, every coin can be traced back through the chain. Because full nodes store the entire blockchain from the genesis block onward, every transaction in Bitcoin’s history remains publicly verifiable. This preserves the network’s transparency, security, and immutability. Encryption Blockchain technology relies heavily on encryption to ensure the security, integrity, and privacy of data stored and exchanged within it. Encryption transforms data into an unreadable format to protect it from unauthorized access. There are two key ways encryption is applied in blockchain: Hash Functions: Blockchain uses cryptographic hash functions, such as SHA-256 in Bitcoin, to convert data into fixed-length, irreversible hash values. These hash values link blocks together in a chain, ensuring immutability. So any change in a block would alter its hash and break the chain. This protects data integrity and prevents tampering across the blockchain. Public Key Cryptography: Blockchain employs asymmetric encryption, where each user has a public and private key pair. The public key acts as the receiving address, while the private key signs and authorizes asset transfers. Digital signatures verify transaction authenticity and ensure only the rightful owner can spend the assets. These encryption techniques used by blockchain secure transactions and data communication. They also help maintain the trustless and decentralized nature of blockchain, and enable encryption of sensitive on-chain data. What Is Bitcoin Used For? Bitcoin is a major part of the decentralized ecosystem, offering many use cases that other altcoins draw inspiration from. Some of Bitcoin’s use cases include: Peer-to-Peer Payments: Bitcoin enables direct electronic payments between people anywhere in the world without the need for intermediaries like banks, allowing fast, borderless, and currency conversion–free transactions. Investment and Speculation: Many people buy and hold Bitcoin as a long-term investment or trade it for profit on cryptocurrency exchanges, viewing it as a hedge against traditional financial markets. Crowdfunding: Bitcoin enables global crowdfunding without third-party involvement, allowing projects to raise funding from worldwide supporters without currency conversion. Online Gambling: Some gambling platforms, especially crypto gambling sites, accept Bitcoin for deposits and withdrawals, offering faster, cheaper, and more private transactions. Purchasing Goods and Services: Businesses across industries accept Bitcoin payments, enabling customers to buy products and services quickly and cheaply, regardless of location. Remittances: Bitcoin enables sending money across borders more efficiently and cheaply than traditional remittance services. What Is Bitcoin Mining and How Does It Work? Bitcoin mining is the process by which new bitcoins are introduced into circulation and transactions are verified and added to the blockchain. Miners use powerful computers to solve complex cryptographic puzzles, known as proof-of-work, which involve finding a hash that meets specific criteria. When a miner successfully solves these puzzles, they validate a new block of transactions, add it to the blockchain, and are rewarded with newly minted bitcoins and transaction fees. This process supports the network’s security and integrity by preventing fraud and maintaining transparency. However, Bitcoin mining is not generally accessible due to the high costs. Mining BTC requires specialized hardware, such as ASICs (application-specific integrated circuits), which perform the SHA-256 hashing algorithm to rapidly generate and test potential solutions. The process is competitive, with miners worldwide competing to solve the puzzle first. The decentralized nature of mining ensures no central authority controls the Bitcoin network. Meanwhile, the issuance of new bitcoins follows a halving schedule that reduces block rewards approximately every four years to control inflation. How Do You Buy Bitcoin?  For crypto investors who aren’t miners or don’t have access to mining hardware, the way to own BTC is to buy it. Follow these straightforward steps to buy Bitcoin. Choose a Wallet: Decide which type of wallet you will use to store your Bitcoin. You can choose a software or hardware wallet if you prefer to store your BTC offline. Select a Crypto Exchange: Choose a reputable crypto trading platform or exchange that supports Bitcoin transactions based on fees, security, and user experience. You can opt for either centralized (CEXs) or decentralized crypto exchanges (DEXs), depending on your trading goals and requirements. Create an Account: Sign up on the chosen exchange by providing personal information and completing KYC verification (especially for CEXs), including uploading a government-issued ID and possibly proof of address. Deposit Funds: Add fiat currency to your exchange account using supported payment methods such as bank transfer, credit/debit card, or e-wallet. You can also fund your account by transferring Bitcoin from another wallet if you already have one. Place an Order: Go to the trading section, select Bitcoin trading pair (e.g., BTC/USD or BTC/USDT), choose order type (market order for immediate purchase or limit order to specify a price), enter the amount, and confirm the purchase. Aside from this process, many exchanges offer P2P marketplaces, where traders can buy BTC directly from other investors using local payment methods. All you have to do is create your account and navigate to the P2P Trading section, then select an ad and add details of your trade to proceed. How to Store Bitcoin Safely To store and use Bitcoin safely, the key is choosing the right type of wallet and following security best practices. Here’s how to go about it: Hardware Wallets: These are crypto wallets that store BTC offline. These wallets offer the highest security for long-term storage by keeping private keys offline. Examples include Ledger Nano X, Trezor Model T, and Tangem Wallet. They are highly resistant to hacking, malware, and phishing attacks because private keys never leave the device.​ Cold/Offline Wallets: Similar to hardware wallets, these are fully offline (e.g., paper wallets or hardware devices) and ideal for storing large amounts of Bitcoin over the long term.​ Even exchanges use these types of wallets to store the majority of user financial assets, safeguarding them from security breaches. Hot Wallets: Hot or software wallets are connected to the internet, making them suitable for frequent financial transactions but more vulnerable to security threats. Examples include non-custodial wallets such as Trust Wallet and Metamask.​ Setting up these wallets is easy; here is a detailed guide to setting up a MetaMask wallet. Custodial Wallets: These wallets are centralized exchanges that enable traders to buy, hold, trade, and sell Bitcoin, with the platform acting as an intermediary. They are convenient, but they require users to trust the provider for security and transparency.​ Is Bitcoin a Good Investment? Bitcoin can be a good investment in 2025. The cryptocurrency has shown consistent price increases over the years, hitting an all-time high of $126,198.07 in October 2025. Seeing the steady growth over the past decade, many analysts and investors remain optimistic about Bitcoin’s potential. Therefore, predicting significant price increases in the next few years. However, Bitcoin is highly volatile, and its price can decline sharply. For instance, the all-time high status from October didn’t last long as the price of BTC dipped to 89,000 the following month. So if you’re considering investing in Bitcoin, prepare for potential volatility and treat it as a long-term investment rather than a quick profit vehicle. Risks and Challenges of Investing in Bitcoin While there are many advantages to investing in BTC, it also carries associated risks and challenges, which we’ve highlighted below. High Volatility: Bitcoin prices are highly volatile, with large price swings that can lead to significant financial losses if investors sell during downturns. This volatility is higher than that of traditional assets like stocks, bonds, or gold, requiring a long-term perspective and a high risk tolerance.​ Security Concerns: Risks from wallet hacks, fraudulent schemes, exchange vulnerabilities, and crypto theft are increasing by the day as scammers find new and advanced ways to access investors’ (both individuals and institutions) accounts, wiping out their balances. Market Manipulation: Bitcoin prices can be influenced by whales (large holders) and coordinated market moves, leading to unpredictable price shifts and potential manipulation.​ Complexity and Fees: Buying, storing, and securing Bitcoin requires some technical knowledge. Fees on exchanges and transaction costs can be higher than those of traditional financial services.​ Uncertain Long-Term Status: Despite growing adoption and strong use cases, it is unclear whether Bitcoin will maintain its current position or be supplanted by other technologies or regulatory changes in the next 10–15 years. Bitcoin and the Future of Cryptocurrency Experts predict Bitcoin has strong growth potential over the next decade, with many forecasts ranging from $150,000 to over $500,000 by 2030, depending on adoption and macroeconomic conditions.​ Mass adoption of Bitcoin and other cryptocurrencies is also expected to skyrocket. Primarily due to increased use cases such as payments, remittances, and decentralized finance (DeFi) services. These newer projects are supported by improvements in scalability, privacy, and user experience.  Additionally, many countries accept crypto as a legal tender and part of a national reserve strategy. For instance, President Donald Trump announced a Strategic Reserve that includes SOL, XRP, ETH, BTC, and more assets earlier in 2025. Trump’s executive order reflects a shift in official policy towards embracing crypto assets at a strategic level. This can influence market sentiment, regulatory clarity, and infrastructure development in the cryptocurrency space. In all these, challenges lie ahead, including regulatory scrutiny, innovation from competing blockchains, and scalability and energy consumption concerns. Conclusion Bitcoin has transformed various industries. It has improved cross-border payment processing and provided individuals and institutions with opportunities to store, buy, sell, and exchange digital assets.If you are considering investing in BTC, first understand the technology behind it. Then learn how to buy and trade easily and determine whether you have sufficient capital to buy a substantial amount. If your trading capital is insufficient, consider investing in other altcoins to boost your profits. FAQs What Makes Bitcoin a New Kind of Money?Bitcoin is considered a new kind of money due to decentralization, fixed supply and scarcity, P2P payments, transparency, and immutability. Unlike traditional money, Bitcoin operates on a decentralized network of thousands of nodes worldwide, removing the need for central authority. How Much is 1 Bitcoin in US Dollars?At the time of writing, 1 Bitcoin (BTC) is trading at approximately $89,800 USD. This reflects the latest market data, but Bitcoin’s price is highly volatile and can change rapidly within short time frames. What Happens if You Invest $100 in Bitcoin Today?Since one Bitcoin is currently trading at $89,800 USD, investing $100 would give you approximately 0.001113 Bitcoin. This means you own roughly 0.1113% of one Bitcoin for your $100 investment at that price. Future gains or losses depend on Bitcoin’s price movement from that point, but your initial allocation is based on that ratio. Can You Convert Bitcoin Into Cash?Yes, you can convert Bitcoin into cash through several channels, including crypto exchanges, Bitcoin ATMs, P2P platforms/marketplaces, and debit/credit cards via third-party payment processors. The post What Is Bitcoin? Is Bitcoin a Good Investment in 2025? appeared first on NFT Plazas.

Author: Coinstats
New UAE Law Sparks DeFi And Web3 Regulation Shift

New UAE Law Sparks DeFi And Web3 Regulation Shift

The post New UAE Law Sparks DeFi And Web3 Regulation Shift appeared on BitcoinEthereumNews.com. A new financial law in the United Arab Emirates is set to bring decentralized finance (DeFi) and the broader Web3 industry under regulatory parameters, signaling an important shift for the industry. The UAE’s new central bank law, Federal Decree Law No. 6 of 2025, introduces “one of the most consequential regulatory shifts” for the crypto industry in the region, Irina Heaver, a local crypto lawyer and founder of NeosLegal, told Cointelegraph. “It brings protocols, DeFi platforms, middleware, and even infrastructure providers into scope if they enable activities such as payments, exchange, lending, custody, or investment services,” Heaver said. According to the lawyer, industry projects building or operating in the UAE should treat this as a pivotal regulatory milestone and align their systems before the September 2026 transition deadline. “We’re just code” is no longer a defense Issued in the Official Gazette and legally effective since Sept. 16, 2025, the UAE’s Federal Decree Law No. 6 is a central bank law that regulates financial institutions, insurance business as well as digital asset-related activities. Its key provisions, Article 61 and Article 62, provide a list of activities that require a license from the Central Bank of the UAE (CBUAE), including crypto payments and digital stored value. “Article 62 states that any person who carries on, offers, issues, or facilitates a licensed financial activity ‘through any means, medium, or technology’ falls under the regulatory perimeter of the CBUAE,” Heaver said. An excerpt from the UAE’s Federal Decree Law No. 6. Source: CBUAE In practice, this means DeFi projects can no longer avoid regulation by claiming they are “just code,” the lawyer said, adding that the argument of “decentralization” does not exempt a protocol from compliance. Protocols that support stablecoins, real-world assets (RWA), decentralized exchange (DEX) functions, bridges, or liquidity routing “may require a…

Author: BitcoinEthereumNews
Ethereum at Key Levels: Breaking $3,000 Could Trigger $794M in CEX Short Liquidations; Dropping Below $2,850 May Cause $426M in CEX Long Liquidations

Ethereum at Key Levels: Breaking $3,000 Could Trigger $794M in CEX Short Liquidations; Dropping Below $2,850 May Cause $426M in CEX Long Liquidations

The post Ethereum at Key Levels: Breaking $3,000 Could Trigger $794M in CEX Short Liquidations; Dropping Below $2,850 May Cause $426M in CEX Long Liquidations appeared on BitcoinEthereumNews.com. COINOTAG, citing Coinglass data, flags potential liquidity pressure around Ethereum price thresholds. If ETH clears $3,000, the aggregate short liquidation on major CEXs could reach roughly $794 million, signaling a liquidity-driven risk of a sharp move. On the flip side, a breach below $2,850 could unleash about $426 million in long liquidation across mainstream exchanges, highlighting asymmetric risk to the downside. COINOTAG notes that the liquidation chart’s bars reflect relative intensity among clusters, not exact contract counts or liquidated value; higher bars indicate a stronger price reaction when such levels are reached, i.e., a potential liquidity cascade. Traders should monitor these thresholds as part of risk-management strategies given the probability of rapid moves around stated levels, reinforcing the need for disciplined position sizing and stop placement. Source: https://en.coinotag.com/breakingnews/ethereum-at-key-levels-breaking-3000-could-trigger-794m-in-cex-short-liquidations-dropping-below-2850-may-cause-426m-in-cex-long-liquidations

Author: BitcoinEthereumNews
Galaxy Digital Explores Polymarket, Kalshi Partnerships as Liquidity Provider: Report

Galaxy Digital Explores Polymarket, Kalshi Partnerships as Liquidity Provider: Report

The post Galaxy Digital Explores Polymarket, Kalshi Partnerships as Liquidity Provider: Report appeared on BitcoinEthereumNews.com. Galaxy Digital explores market-making partnerships with Polymarket and Kalshi platforms. Novogratz confirms firm testing small-scale liquidity provision on prediction markets. Institutional traders enter prediction space as regulatory barriers decline over time. Galaxy Digital is exploring partnerships with prediction market platforms Polymarket and Kalshi to serve as a liquidity provider, according to a Bloomberg report. The firm’s CEO, Mike Novogratz, confirmed the company is testing market-making operations in the sector. Novogratz told media that Galaxy Digital is currently conducting small-scale experiments with market-making on prediction platforms. He added that the firm plans to eventually provide liquidity across these markets at a larger scale. Galaxy Tests Market-Making Infrastructure The investment management firm would step in to buy and sell prediction contracts, adding market depth similar to its operations on crypto exchanges. This approach could help reduce costs for users by tightening spreads and improving order execution. Prediction markets allow users to trade yes or no contracts, with prices showing the probability of specific outcomes. Polymarket and Kalshi have processed approximately $42.4 billion in combined trading volume across their platforms. Kalshi has surpassed Polymarket in monthly volume since September. The CFTC-regulated platform gained ground after Polymarket was ordered to withdraw from the U.S. market in 2022. However, Polymarket’s acquisition of QCEX earlier this year enabled its return to American users. Institutional Firms Enter Prediction Market Space The lack of arbitrage traders in prediction markets has created price gaps between platforms. Contracts for Kevin Hasset to become Federal Reserve Chair currently trade at $0.35 on Kalshi and $0.14 on Polymarket, according to recent data. Kalshi brought on Susquehanna as its first major institutional market maker in 2024. Bloomberg also reported that Jump Trading began providing liquidity for the platform earlier this month. These firms previously helped establish infrastructure for crypto market liquidity before 2016.…

Author: BitcoinEthereumNews
Lighter CEO on ‘democratizing finance’ with a zero-fee, ZK perp DEX

Lighter CEO on ‘democratizing finance’ with a zero-fee, ZK perp DEX

CEO Vladimir Novakovski explains the infrastructure powering the perp DEX, and why Lighter opted for a zero-fee structure for retail users.

Author: The Block
Bitcoin at Risk of Mega Liquidations: $1.097B Short Liquidations If BTC Surges Beyond $89K and $816M Long Liquidations If It Falls Below $85K

Bitcoin at Risk of Mega Liquidations: $1.097B Short Liquidations If BTC Surges Beyond $89K and $816M Long Liquidations If It Falls Below $85K

The post Bitcoin at Risk of Mega Liquidations: $1.097B Short Liquidations If BTC Surges Beyond $89K and $816M Long Liquidations If It Falls Below $85K appeared on BitcoinEthereumNews.com. As reported by COINOTAG News on November 26, based on Coinglass data, a Bitcoin move above $89,000 could push the cumulative short liquidation intensity on mainstream CEXs toward approximately $1.097 billion, while a dip below $85,000 may elevate the cumulative long liquidation measure to about $816 million. The reporting notes that the liquidation chart conveys cluster intensity rather than exact contract counts, helping readers gauge potential liquidity-driven price reactions at specified levels. Note that the visualization ranks liquidation clusters by relative importance; a higher liquidation bar signals a more pronounced market response as price pressure migrates through liquidity pockets. Readers should treat these figures as data-driven risk indicators, not guarantees, and incorporate them into broader risk management and scenario planning for crypto portfolios. Source: https://en.coinotag.com/breakingnews/bitcoin-at-risk-of-mega-liquidations-1-097b-short-liquidations-if-btc-surges-beyond-89k-and-816m-long-liquidations-if-it-falls-below-85k

Author: BitcoinEthereumNews
Solana ETFs’ Inflow Streak Is Underappreciated: Co-Founder

Solana ETFs’ Inflow Streak Is Underappreciated: Co-Founder

The post Solana ETFs’ Inflow Streak Is Underappreciated: Co-Founder appeared on BitcoinEthereumNews.com. Key Highlights Solana’s co-founder, Raj Gokal, has mentioned the ongoing streak of positive inflows of Solana ETFs, saying that it is “greatly underappreciated” SOL ETFs have witnessed a 20-day streak of positive inflows, which resulted in total net inflows of $568 million Despite impressive inflows, SOL is still facing a downward trend amid the turmoil in the cryptocurrency market Solana’s co-founder, Raj Gokal, has shared a post on X (formerly Twitter), where he stated that “the unbroken streak of daily inflows to the Solana ETF (topped off by a record day of inflows) is greatly under appreciated.” the unbroken streak of daily inflows to the solana etf (topped off by a record day of inflows) is greatly under appreciated. thank you for your attention to this matter https://t.co/8ItbDL85JO — raj 🖤 (@rajgokal) November 25, 2025 Solana ETFs Make Strong Debut Since the launch of the first Solana ETF on October 28, Bitwise’s BSOL, these new ETPs have maintained a positive inflow streak, thanks to their growing institutional demand. Apart from this, the approval of Bitwise’s Solana ETF has sparked a new wave of approval for Solana ETFs. After this, Fidelity, VanEck, and 21Shares have also launched their SOL ETFs after receiving approval from the Securities and Exchange Commission.     From day one, these exchange-traded funds have drawn the attention of investors as they managed to attract new capital for 20 consecutive days through November 25. This constant inflow of money into SOL ETFs resulted in total net inflows of $568 million.  (Source: Farside on X) Among all ETFs, Bitwise’s BSOL ETF has achieved a top spot in the leaderboard after capturing over 89% of all inflows with $483.6 million in assets. Its success largely comes from its industry-low fee of 0.20% and a unique offer of staking rewards that provide investors…

Author: BitcoinEthereumNews
GHOST’s GhostPay gives it an edge over ZEC and XMR

GHOST’s GhostPay gives it an edge over ZEC and XMR

The post GHOST’s GhostPay gives it an edge over ZEC and XMR appeared on BitcoinEthereumNews.com. Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Privacy coins surge to a $19b market as new Solana-based solutions like GhostwareOS shift focus beyond legacy players. Summary GhostwareOS on Solana offers modular privacy tools, including GhostPay, encrypted messaging, and ID obfuscation. It enables anonymous Solana transactions with fees redistributed to GHOST token holders, not a foundation. GHOST competes with Zcash and Monero in 2025 as privacy coins shift to high-performance, modular solutions. In 2025, the privacy niche is no longer a footnote in the market. Reports from CoinGecko and CoinMarketCap put the privacy coin segment at around US$18-19 billion in total market value, with Zcash and Monero still among the biggest names in the category, while newer projects experiment with private payment layers such as GhostPay built on faster base chains. The conversation about the best privacy crypto coins has started to move away from legacy coins and toward solutions built on top of high-performance infrastructure. This is where GhostwareOS (GHOST) on Solana enters the picture with GhostPay, its native anonymous payments layer, sitting alongside modules for encrypted messaging and identity. Instead of being just another standalone privacy coin, the stack is designed as a modular toolkit for messaging, identity, and GhostPay-powered private transactions. GhostwareOS: Privacy stack designed for Solana Instead of launching its own chain, Ghost is a full-stack privacy layer for Solana. This includes GhostOS, Tx ShadowNet, and Darkrelay Messaging, along with ID obfuscation modules that break the link between different wallets and sessions. All of these building blocks are powered by modern cryptography, such as HPKE, zero-knowledge proofs, and MPC, according to technical reviews from partners and aggregators. GhostPay: Anonymous payments GhostPay turns this infrastructure into a very concrete product, a private payments layer…

Author: BitcoinEthereumNews
Surviving the Meme Apocalypse: Key Factors Behind Memecoin Longevity — Spotlight on BAMBITZ

Surviving the Meme Apocalypse: Key Factors Behind Memecoin Longevity — Spotlight on BAMBITZ

Surviving the Meme Apocalypse: Key Factors Behind Memecoin Longevity — Spotlight on BAMBITZSurviving the meme coin apocalypse, being amongst the

Author: Medium