News
Stay up to date on the latest crypto trends with our expert, in-depth coverage.
The US imposition of tariffs on Chinese goods has triggered a wave of risk aversion in the market, leading to a decline in the stock market and large-scale liquidations in cryptocurrencies. After a synchronized sharp drop, the spot market quickly rebounded, with BTC and ETH showing the strongest resilience. Options market trading volume reached a record high, and demand for short-term put options surged. The perpetual contracts market underwent an extreme test, with a significant increase in on-chain liquidation activities. Summary generated by Mars AI. The accuracy and completeness of this summary are still being improved as the Mars AI model continues to iterate.
Bitcoin dominance falls sharply after tariffs crash, with altcoins now leading the market in performance.Altcoins Take the Lead in Post-Crash RecoveryWhy Bitcoin Dominance Is FallingWhat This Means for Traders and Investors
- 16:06Four "whales" staked a total of 48 million FF tokens worth $6.47 million after the market crash.Jinse Finance reported that on-chain analytics platform Lookonchain detected that after the recent sharp market decline, four major holders ("whales") withdrew and staked a total of 48 million FF tokens from major exchanges, with a total value of approximately $6.47 million. Specifically: Address 0xDda6 withdrew 15 million FF (about $2.3 million) from Bitget in the past 5 hours; Address 0x484F withdrew 15 million FF (about $1.84 million) from an exchange two days ago; Address 0xBbB9 withdrew 10 million FF (about $1.15 million) from an exchange two days ago; Address 0xf68C withdrew 8 million FF (about $1.18 million) from an exchange in the past 7 hours. All withdrawn tokens have been staked.
- 16:06Tether reaches settlement with Celsius bankruptcy consortium, paying nearly $300 millionJinse Finance reported that the Blockchain Recovery Investment Consortium (BRIC) announced that Tether has paid $299.5 million to the Celsius Network bankruptcy consortium to resolve related litigation filed in August 2024. BRIC was jointly established by GXD Labs and VanEck and is responsible for managing Celsius's asset recovery and litigation affairs.
- 16:06Today, US Bitcoin ETFs saw a net outflow of 1,779 BTC, while Ethereum ETFs saw a net outflow of 92,891 ETH.According to Jinse Finance, monitored by Lookonchain, there was a net outflow of 1,779 BTC from the 10 US Bitcoin ETFs today. Among them, Bitwise saw an outflow of 1,000 BTC and currently holds 41,194 BTC. Meanwhile, there was a net outflow of 92,891 ETH from the 9 Ethereum ETFs, with BlackRock accounting for an outflow of 72,893 ETH and currently holding 3,999,704 ETH.