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.

4250 Articles
Created: 2026/02/02 18:52
Updated: 2026/02/02 18:52
Three new wallets have withdrawn a total of $5.33 million worth of FF tokens from the CEX in the past three days.

Three new wallets have withdrawn a total of $5.33 million worth of FF tokens from the CEX in the past three days.

PANews reported on December 8 that, according to Lookonchain monitoring, in the past three days, three newly created wallets have withdrawn a total of 48.43 million FF (worth $5.33 million) from Binance, Bitget, and Gate.

Author: PANews
Earn Free Crypto With A Trading Bonus

Earn Free Crypto With A Trading Bonus

The post Earn Free Crypto With A Trading Bonus appeared on BitcoinEthereumNews.com. One of the most notable advantages of joining hyper-active Discord communities like Jacob’s Crypto Clan is the opportunity to access frequent trading perks, free giveaways, and gamified rewards from across the crypto space. Managed by none other than the influential Jacob Crypto Bury himself, this community has successfully attracted tens of thousands of crypto-enthused individuals by regularly supplementing its premium market signals with exclusive member perks and bonuses. The latest of these perks is the $500 free crypto promo on KCEX, running from December 8 to December 14, 2025, exclusively for active members.  To be eligible, they must register on KCEX using the “QYX092” referral code, make a minimum net deposit of $100, and trade at least 10,000 USDT in futures volume within the timeframe.  But here’s the thing – the earlier you register and trade, the better your chances of taking a bigger share of the $500 prize pool.  And with the trading promo starting tomorrow, there’s no better time than now to join the Jacob’s Crypto Clan server and be among those earning free crypto rewards.   Members of Jacob Bury’s Discord Group to Unlock $500 In Free Crypto Rewards on KCEX This Week The KCEX’s $500 bonus is the latest in the long list of trading perks that members of Jacob Crypto Bury’s Discord channel have exclusive access to this year.  As mentioned earlier, the promo runs from December 8 to December 14, 2025, at 17:00 UTC. The timeline motivates eligible individuals to act quickly for a shot at a $500 prize pool.  The campaign is divided into two segments. The first, known as “Early-Bird Trade Bonus” is designed to encourage early participation, rewarding the first 10 new users with 20 USDT in futures trading credit.  The second part, called “Pro-Rated Bonus” is structured to incentivize participants based…

Author: BitcoinEthereumNews
Earn Free Crypto With A Trading Bonus – Jacob Bury’s $500 KCEX Offer

Earn Free Crypto With A Trading Bonus – Jacob Bury’s $500 KCEX Offer

One of the most notable advantages of joining hyper-active Discord communities like Jacob’s Crypto Clan is the opportunity to access frequent trading perks, free giveaways, and gamified rewards from across the crypto space. Managed by none other than the influential Jacob Crypto Bury himself, this community has successfully attracted tens of thousands of crypto-enthused individuals […]

Author: The Cryptonomist
Elon Musk Refutes SpaceX $80B Valuation Fundraising Reports

Elon Musk Refutes SpaceX $80B Valuation Fundraising Reports

The post Elon Musk Refutes SpaceX $80B Valuation Fundraising Reports appeared on BitcoinEthereumNews.com. Key Points: Elon Musk denies $80 billion valuation fundraising for SpaceX; explains liquidity events. Musk clarifies valuation change driven by secondary market, not fundraising. SpaceX operates on positive cash flow with bi-annual stock buybacks. Elon Musk refuted media claims regarding an $80 billion fundraising for SpaceX, emphasizing accurate valuation influenced by regular stock buybacks and positive cash flow, tweeted on December 7th. This correction highlights SpaceX’s financial stability, demonstrating no new fundraises. Crypto markets remain unaffected as Musk’s statement does not involve Bitcoin or Dogecoin. Musk Denies $80 Billion Fundraising Rumors Elon Musk addressed rumors surrounding SpaceX’s financial movements, stating that reports of an $80 billion fundraising round were incorrect. Musk elaborated that SpaceX has maintained positive cash flow and engages in regular stock buybacks, guiding valuation changes. The implications of this clarification emphasize that SpaceX is not entering new fundraising stages, but its valuation fluctuations reflect secondary market transactions. Stakeholders can view these statements as indicators of financial health, reaffirming investor confidence through structured liquidity events. Did you know? Musk’s statements about SpaceX’s valuation process highlight his consistent use of Twitter for public clarifications. This approach mirrors past methods used to address corporate rumors. Financial Context and Market Impact Analysis Did you know? Musk’s statements about SpaceX’s valuation process highlight his consistent use of Twitter for public clarifications. This approach mirrors past methods used to address corporate rumors. Bitcoin (BTC) trades at $91,440.17 with a market cap of $1.83 trillion and a 24-hour trading volume hitting $43.60 billion, representing a 2.21% rise in the past day, according to CoinMarketCap data. The recent shifts mark a 7-day change of -0.03% and a 30-day decline of -11.45%. BTC holds a market dominance of 58.74%. Bitcoin(BTC), daily chart, screenshot on CoinMarketCap at 20:01 UTC on December 7, 2025. Source: CoinMarketCap Insights from…

Author: BitcoinEthereumNews
Bitcoin wallets interacting with this specific protocol are now flagged for “high-risk” seizures by compliance algorithms

Bitcoin wallets interacting with this specific protocol are now flagged for “high-risk” seizures by compliance algorithms

The post Bitcoin wallets interacting with this specific protocol are now flagged for “high-risk” seizures by compliance algorithms appeared on BitcoinEthereumNews.com. When European police staged another coordinated sweep against crypto mixers this autumn, most people saw a familiar headline and scrolled on. But every seizure, every frozen server rack, every compressed hard drive pushed into an evidence van has the potential to change how Bitcoin actually moves. Mixers (tools that allow users to break the traceable chain of custody on public ledgers) have always lived in the grey zone where privacy expectations collide with financial crime rules. The EU’s new legal architecture turns that grey into a deep red patrolled by Europol, Eurojust, and various national cybercrime units, each empowered to go after services they classify as money-laundering infrastructure. The result is a slow but steady reconfiguration of Bitcoin’s liquidity in Europe. The EU’s mixer enforcement blueprint Mixers themselves are straightforward in design and controversial in purpose. At their simplest, they’re pools that commingle inputs from many users and return fresh outputs that no longer map cleanly back to the sender; in practice, the good ones run timed delays, randomized output paths, and multi-pool routing to add entropy. Centralized mixers do this on a server they control. Decentralized variants, like coinjoin protocols like JoinMarket or Whirlpool, use collaborative transaction construction without custody. In enforcement, EU regulators treat centralized mixers as unlicensed money-laundering tools and decentralized ones as risky vectors subject to monitoring rather than takedowns. The regulatory structure is pretty formal and coordinated. Under the EU’s AML legislative package, including the Anti-Money Laundering Regulation (AMLR) and the Anti-Money Laundering Authority (AMLA), mixers fall squarely under the remit of Europol and national financial intelligence units when they’re suspected of handling illicit proceeds. Europol’s 2023 and 2024 enforcement bulletins described mixers as “criminal facilitation services” when tied to ransomware or darknet commerce. Eurojust steps in when operators sit across borders: the agency coordinated…

Author: BitcoinEthereumNews
Bitcoin Key Levels Trigger Massive CEX Liquidation: $491M Longs If Price Dips Under $87k and $866M Shorts If It Breaks Above $91k

Bitcoin Key Levels Trigger Massive CEX Liquidation: $491M Longs If Price Dips Under $87k and $866M Shorts If It Breaks Above $91k

The post Bitcoin Key Levels Trigger Massive CEX Liquidation: $491M Longs If Price Dips Under $87k and $866M Shorts If It Breaks Above $91k appeared on BitcoinEthereumNews.com. COINOTAG News, citing Coinglass data, reports that a drop below $87,000 for Bitcoin would push the cumulative long liquidations on major CEX to about $491 million. By contrast, a rally above $91,000 could trigger roughly $866 million in short liquidations across mainstream exchanges. The accompanying note clarifies that the liquidation chart is not a precise ledger of open contracts; the vertical bars reflect the relative significance of each cluster to neighboring levels—what analysts describe as liquidity intensity. A higher bar signals a more pronounced reaction once the price is breached, due to potential liquidity cascade effects. For traders and risk managers, these levels serve as risk indicators to calibrate hedges and exposure, while acknowledging chart limitations and avoiding overinterpretation of exact volumes. Source: https://en.coinotag.com/breakingnews/bitcoin-key-levels-trigger-massive-cex-liquidation-491m-longs-if-price-dips-under-87k-and-866m-shorts-if-it-breaks-above-91k

Author: BitcoinEthereumNews
[LIVE]Crypto Today: Bitcoin Consolidates Below $90k, Fed Rate Cut Probability Might Spark Pump

[LIVE]Crypto Today: Bitcoin Consolidates Below $90k, Fed Rate Cut Probability Might Spark Pump

In the last couple of days, the crypto space has been just going through the motions. SpaceX moved 1,083 Bitcoin (BTC), roughly $100 million, to new wallets. At the time, Bitcoin BTC $89,050.73 0.29% Bitcoin BTC Price $89,050.73 0.29% /24h Volume in 24h $18.76B Price 7d had dropped to $88k, from which it has only slightly recovered, trading at today. Market Cap 24h 7d 30d 1y All Time For now, it looks like SpaceX has just shuffled its BTC around for custody reasons and does not plan to sell them. SpaceX(@SpaceX) transferred out another 1,083 #BTC($99.81M) ~30 mins ago, possibly to Coinbase Prime for custody.https://t.co/zW62EKM2RD pic.twitter.com/MxgPpAFz8v — Lookonchain (@lookonchain) December 5, 2025 However, BTC did fall around the time, just before the PCE inflation data and the big options expiry. As of right now, BTC is trading 0.15% on the 24-hour charts and is down by 2% on the weekly chart. Looking at the daily chart, it looks like BTC is finally breaking out of the long red downtrend channel, hinting that the worst of the sell-off might be over. As of right now, BTC is consolidating just below $90,000, the support turned resistance zone. (Source: TradingView) Till the bulls can help its price action convincingly close above the $90,000 level, sellers will still be in the play to apply some short-term pressure. If BTC manages to breach $90,000, the next level to breach sits at $94,600.Clearing that would confirm BTC’s bullish momentum and open the door to higher targets. Bitcoin’s fair value is at $150,000 now. The gap between price and Global Liquidity is massive. pic.twitter.com/RWrAJanvHu — Rekt Fencer (@rektfencer) December 2, 2025 From there on, upside zones around $108,000 and even $116,000, line up with past liquidity pockets. EXPLORE: Next 1000X Crypto – Here’s 10+ Crypto Tokens That Can Hit 1000x This Year Crypto Update: Markets Brace For An Almost Certain Fed Rate Cut The FOMC (Federal Open Market Committee) meeting on December 9-10 is looming in close, and traders are almost fully convinced that the Fed (Federal Reserve) will keep things dovish. On Polymarket, as of now, the odds of a 25 basis point rate cut are sitting at 92%, flipping market sentiments when it comes to BTC. Earlier talks of a breakdown are now replaced by the hopes of the crypto gold staging a comeback. Traders are expecting the Fed Chair, Jerome Powell, to push through another quarter-point cut this week. At the same time, not all Fed officials are happy about their current predicament. The Fed has made back-to-back cuts, with the last one in October after weak summer job data, sparking resistance from hawkish members, with five voting officials openly signalling that they will not be backing any more rate cuts in December. However, the momentum shifted on 21 November when New York Fed President John Williams said conditions justified a reduction in the “near term.” Since then, markets have leaned hard into the idea of another cut. Meanwhile, Bitcoin liveliness, a metric that has coincided with BTC bull phases, is climbing again. Liveliness has been range bound since the 2017 peak, up until now. The 2017 Bull was special in that it was the first epic parabola with widespread participation, but was also when many old coins transacted to capture the BCH dividend. New Liveliness ATHs shows how extreme the… https://t.co/aoVFr2jOsR — _Checkmate (@Checkmatey) December 6, 2025 Analyst Michaël van de Poppe is leaning bullish, though he expects some turbulence first. He’s calling for pre‑FOMC selling pressure today and Monday, with prices possibly dipping to $87,000 to sweep liquidity before setting up for a stronger rally. This would be my bullish scenario. Pre-FOMC and on Monday, correction to sweep the lows. Perhaps hitting $87K. After that, bounce back up, swiftly, in which the uptrend is confirmed for #Bitcoin and it's ready to break $92K and therefore the run towards $100K in the coming 1-2… pic.twitter.com/lQezKkQM5W — Michaël van de Poppe (@CryptoMichNL) December 7, 2025 EXPLORE: The 12+ Hottest Crypto Presales to Buy Right Now There are no live updates available yet. Please check back soon! The post [LIVE]Crypto Today: Bitcoin Consolidates Below $90k, Fed Rate Cut Probability Might Spark Pump appeared first on 99Bitcoins.

Author: Coinstats
PA Daily | Jupiter and Kamino, lending platforms, are embroiled in internal strife over risk disclosure; Li Feng, co-founder of Moore Threads, touted as the "first domestic GPU stock," is accused of i

PA Daily | Jupiter and Kamino, lending platforms, are embroiled in internal strife over risk disclosure; Li Feng, co-founder of Moore Threads, touted as the "first domestic GPU stock," is accused of i

Today's top news highlights: 1. Macroeconomic Outlook for Next Week: A highly controversial rate cut by the Federal Reserve is imminent, triggering significant volatility in gold prices. 2. South Korea plans to legislate to require virtual asset operators to bear "no-fault liability" for hacker attacks. 3. Li Feng, co-founder of Moore Threads, touted as the "first domestically produced GPU stock," has been exposed for issuing cryptocurrency to raise funds and defaulting on a loan of 1,500 BTC. 4. Analyst: Bitcoin on-chain activity is rising, demand remains positive, and this cycle may not be over yet. 5. Jupiter's Chief Operating Officer admitted that its lending product Jupiter Lend's claim of "zero risk of infection" was false. 6. Binance responded to questions about the timing of its official Twitter post being close to the launch of its token, stating that it has launched an internal review. Macro Macroeconomic Outlook for Next Week: A highly controversial rate cut by the Federal Reserve is imminent, triggering significant volatility in gold prices. With US economic data such as the ADP Nonfarm Payrolls and PCE largely supporting expectations of a Federal Reserve rate cut next week, Wall Street's panic was short-lived, and investors returned to betting on low volatility and high certainty in risk assets. The Fed's interest rate decision will be the focus next week, and following recent weak US employment data, the market widely expects the Fed to lower rates. Here are the key points the market will be watching in the new week: At 0:00 on Tuesday, the US November New York Fed 1-year inflation forecast will be released. At 23:00 on Tuesday, the US October JOLTs job openings will be released. At 3:00 AM on Wednesday, the Federal Reserve FOMC will release its interest rate decision and summary of economic projections; at 3:30 AM, Federal Reserve Chairman Powell will hold a press conference on monetary policy. At 21:30 on Thursday, the US initial jobless claims for the week ending December 6 and the US trade balance for September will be released. At 1:00 AM on Friday, the Federal Reserve will release data on the financial health of U.S. households in its Q3 2025 Flow of Funds report. At 21:00 on Friday, Paulson, a 2026 FOMC voting member and president of the Philadelphia Federal Reserve, will speak on the economic outlook; at 21:30, Hamak, a 2026 FOMC voting member and president of the Cleveland Federal Reserve, will speak. At 11:35 p.m. on Friday, Chicago Federal Reserve President Goolsby participated in a moderator's dialogue before the 39th annual economic outlook symposium of the Chicago Federal Reserve. The Federal Reserve's September dot plot hinted at two rate cuts in 2026. In contrast, the market currently expects 63 basis points of easing in 2026, meaning a greater likelihood of three rate cuts next year. Caixin: Last year, 3,032 people were prosecuted for money laundering related to cryptocurrencies; establishing a firewall against virtual currencies is necessary to protect normal economic and trade activities. Caixin.com published an article titled "Building a Firewall Against Virtual Currency to Protect Public's 'Wallets'," which points out that recent speculation in virtual currencies has resurfaced. Establishing a firewall against virtual currencies requires not only the full cooperation of various departments but also the improvement of relevant regulations, enhanced supervision, strengthened technical monitoring capabilities in key areas, and protection of normal economic and trade activities. Data shows that in 2024, relevant departments prosecuted 3,032 people for money laundering crimes, including using virtual currencies to transfer criminal proceeds. Many were drawn into these crimes due to a lack of legal awareness. A scholar's analysis of 283 judgments in cases of money laundering using virtual currencies revealed that criminal groups heavily exploit marginalized youth as tools for their crimes, exhibiting significant geographical clustering and a predominantly high school or junior high school education. South Korea plans to legislate to require virtual asset operators to bear "no-fault liability" for hacker attacks. South Korea's Financial Services Commission is reviewing a plan to add a clause to the draft "Second Phase of Virtual Asset Legislation," which would hold virtual asset operators liable for damages even if they are not at fault in the event of a hacking attack or computer accident. The plan aims to impose the same "no-fault liability" on operators of virtual asset exchanges as financial companies in response to hacking attacks or computer accidents. From 2023 to September 2025, the five major South Korean won exchanges (Upbit, Bithumb, Coinone, Korbit, and GOPAX) experienced a total of 20 computer system incidents. Furthermore, a plan is currently under discussion to increase penalties for hacking incidents to the level stipulated in the Electronic Financial Transactions Act. The South Korean National Assembly is currently reviewing an amendment to the Electronic Financial Transactions Act, which proposes fines of up to 3% of a financial institution's sales revenue for hacking attacks. If this bill is passed, virtual asset operators could also face similar fines. Currently, the maximum fine for virtual asset operators is 5 billion won. Market news: French bank BPCE has allowed customers to buy and sell cryptocurrencies. According to market sources, French bank BPCE has allowed its customers to buy and sell cryptocurrencies. Opinion Vitalik: A trustless on-chain gas futures market needs to be established. Vitalik Buterin stated in an article on the X platform that the industry urgently needs a "trustless on-chain gas futures market," similar to a "base fee prediction market," to address users' uncertain expectations regarding future fee trends. An on-chain gas futures market can clearly understand people's expectations of future gas fees and can even hedge against future gas prices, effectively prepaying a specific amount of gas for a specific period. Analysis: Bitcoin's profitability indicator has fallen to a two-year low, potentially indicating that a local bottom is forming. CryptoQuant, an on-chain analytics platform, reported that the Bitcoin SOPR ratio (LTH-SOPR / STH-SOPR) has fallen to 1.35, its lowest level since early 2024. This drop coincides with Bitcoin's price correction to around $89,700. A higher ratio typically indicates that long-term holders (LTH) are actively profiting compared to short-term holders (STH). The plunge to 1.35 suggests that the large-scale distribution phase of older cryptocurrencies has significantly subsided. The gap in actual returns between experienced and new entrants is narrowing. This decline indicates that the market is undergoing a large-scale "reset," and the speculative bubble that previously drove the ratio up has been deflated. Historically, when the SOPR ratio falls to these lower limits during an overall bull market cycle, it typically indicates that the selling pressure is nearing its end. If the ratio stabilizes or rebounds from the 1.35 level, it may suggest that a local bottom is forming, laying a more solid foundation for the next round of gains. Bloomberg ETF analyst: Even if Bitcoin performs poorly in 2025, occasional cooling of the asset is normal. Bloomberg ETF analyst Eric Balchunas wrote that, looking back at Bitcoin's performance over the past year, it has actually (at least so far) only retraced last year's extreme gains. It has risen 122%, five times the price of all other assets. Therefore, even if 2025 ends up being a flat or slightly declining year, as long as it still maintains an average annual gain of around 50%, Bitcoin will still be able to retain its value. Assets occasionally cool down, and stocks are no exception. US SEC Chairman: The entire financial system will shift to Bitcoin and cryptocurrencies within a few years. According to market sources, the chairman of the U.S. Securities and Exchange Commission stated in an interview that the entire financial system will shift towards Bitcoin and cryptocurrencies within a few years. "This is the future of the world." Analysts: ETH holdings on CEX platforms have fallen to a record low of 8.8%, and tight supply may drive prices up. Analyst Milk Road wrote that the amount of ETH stored on centralized cryptocurrency exchanges has fallen to unprecedented lows, potentially leading to supply shortages. According to Glassnode data, ETH holdings on exchanges are at a low of 8.8%, essentially the lowest level since the network launched in mid-2015. The amount of ETH on exchanges has decreased by 43% since the beginning of July, which coincided with a period of accelerated growth in Digital Asset Treasury (DAT) purchases. In contrast, Bitcoin holdings on exchanges are higher at 14.7%. Milk Road believes that ETH is being pulled into areas where it's difficult to sell, such as staking, restaking, Layer 2 network activity, DAT, collateralized cycles, and long-term custody, suggesting that tightening supply could drive up prices. "Currently, market sentiment is low, but market sentiment doesn't determine supply. ETH's supply is tightening subtly, and the market is deciding the next move. When this gap disappears, the price will rise." Analysts: Bitcoin on-chain activity is rising, demand remains strong, and this cycle may not be over yet. Analyst @TXMCtrades stated on the X platform that Bitcoin's activity metric is rising, potentially indicating that the current market cycle is not yet over. Activity is the sum of all on-chain lifecycle spending and holding activity. Activity increases when tokens are net traded; it decreases when tokens are held, and adjusts based on the token's issuance date. In a bull market, activity typically increases as supply changes hands at higher prices, indicating new capital inflows. As demand weakens, momentum slows, and the indicator declines. It's a concise indicator, similar to a long-term moving average of on-chain activity. Despite the price decline, activity in this cycle continues to rise, indicating a bottom in spot Bitcoin demand that is not yet reflected in price action. While activity typically lags far behind price movements and is therefore not a market signal, the momentum remains positive from this perspective. Several large entities are active in the market; it's just unknown who they are. Nvidia CEO Jensen Huang: Bitcoin is absorbing excess energy and storing it as a new currency. According to market sources, Jensen Huang, CEO of Nvidia, a company with a market capitalization of $4.5 trillion, said, "Bitcoin is absorbing excess energy and storing it as a new currency that you can carry around and take anywhere you want." The president of the Solana Foundation called for an end to the infighting among lending agreements and a focus on expanding the market. Solana Foundation President Lily Liu posted on the X platform, urging lending protocols Kamino and Jupiter Lend within the ecosystem to stop attacking each other and focus on expanding the market. Liu pointed out that the Solana lending market is currently worth approximately $5 billion, while the Ethereum market is 10 times larger, and the traditional financial collateral market is trillions of times larger. Liu stated, "We can attack each other (one-click lending position switching, taunting and rude remarks, etc.), or we can focus on taking market share from the entire crypto market and the TradFi market." Previously , Jupiter Exchange COO Kash Dhanda responded to community concerns about its lending product, Jupiter Lend, acknowledging that claims in previously deleted social media posts regarding the "zero risk of infection" in Jupiter Lend vaults were inaccurate. Solana lending platform Kamino blocked Jupiter Lend's migration tools due to concerns that Jupiter was misleading users about its risk model. Kamino's co-founder also criticized Jupiter's claims about vault segregation in a post on the X platform. Project Updates Jupiter's Chief Operating Officer admitted that its lending product, Jupiter Lend, falsely claimed to have "zero risk of infection." Jupiter Exchange COO Kash Dhanda recently responded to community concerns about its lending product Jupiter Lend, acknowledging that claims in previously deleted social media posts about the Jupiter Lend vault having "zero contagion risk" were inaccurate. Jupiter had previously promoted Jupiter Lend's vaults as having "isolation risks," with one post claiming that isolated vaults "mean that there is no cross-contamination between trading pairs, thus eliminating any risk of infection." After sparking controversy, the Jupiter team deleted the post containing the latter statement. Dhanda stated in a video posted on the X platform, "These vaults are indeed isolated." However, he also acknowledged that Jupiter Lend used recollateralized assets. Last week, Solana lending platform Kamino blocked Jupiter Lend's migration tool due to concerns that Jupiter was misleading users about its risk model. Kamino's co-founder also criticized Jupiter's claims of vault segregation in a post on the X platform. Aztec's public sale has ended, with a total subscription amount of 19,476 ETH and 16,741 users participating. Aztec announced on the X platform that the public sale of AZTEC tokens has ended. The total subscription amount for this public offering was 19,476 ETH, with 50% of the funds coming from the Aztec community. A total of 16,741 users participated. Li Feng, co-founder of Moore Threads, touted as the "first domestically produced GPU stock," has been exposed for issuing cryptocurrency to raise funds and defaulting on a loan of 1,500 BTC. Moore Threads, touted as China's Nvidia, debuted on the STAR Market on December 5th as the "first domestically produced GPU stock," opening at 650 yuan per share, a staggering 468.78% increase from its issue price of 114.28 yuan, pushing its total market capitalization above 300 billion yuan. The A-share market was ignited, with a single winning bid (500 shares) yielding a net profit of over 267,000 yuan, E Fund Management's unrealized gains nearing 1.9 billion yuan, and early investors like Tencent and ByteDance achieving returns exceeding 35 times. Peixian Qianyao achieved a staggering 6200-fold return. However, Li Feng, co-founder of Moore Threads and dean of Moore Academy, had previously been embroiled in controversy surrounding cryptocurrency transactions. The project "Malago Coin" (MGD) was embroiled in controversy in 2017. Li Feng, along with other prominent figures in the cryptocurrency world such as Li Xiaolai and Xue Manzi, launched the project, using the gimmick of "the first modern performance art based on blockchain in human history," and raised 5,000 ETH through crowdfunding. The token distribution plan reserved 10% for the year 2100; the team's background was packaged as "composed of a CEO, CTO, CFO, PhD, returnee, and investment banker," but this was largely fabricated. Despite this, MGD completed its fundraising within a week of its launch. However, the project was quickly summoned by relevant departments due to the sensitive nature of its name and was forced to change its name to "Alpaca Coin MGD." The dispute with OKX founder Star over a 1,500 Bitcoin debt : In June 2018, Star publicly accused Li Feng on his WeChat Moments of refusing to repay a loan of 1,500 Bitcoins (worth approximately 80 million yuan at the time) and even "disappearing." He posted the loan agreement and video evidence, and announced that he had filed lawsuits in courts in both China and the United States, applying for asset preservation. In mid-2018, 1,500 BTC were worth approximately $10 million; currently, their value is as high as $135 million. Li Feng responded via group chat, claiming that the loan was actually Star's investment in the MGD project, and because the project failed to launch, Star regretted it and wanted the funds back. Both sides maintain their own versions of events. The agreement posted by Star shows that, with Hu Zhibin's guarantee, Star renewed the Bitcoin lending agreement with Li Feng. The "Bitcoin Lending Agreement" was first signed on December 17, 2014, and expired on December 16, 2016. However, due to the borrower's personal reasons, the loan period needed to be extended, so the agreement was renewed on March 30, 2017, extending the loan period to December 31, 2017. Star responds to debt dispute with Li Feng of Moore Threads: Debt issues should be left to the law; we cannot remain in a negative shadow forever. OKX founder Star responded on the X platform to the debt dispute with Li Feng of Moore Threads, saying, "People cannot stay in the shadow of a negative history forever. Look to the future and contribute more positive energy. Let the law handle the debt issue. Best wishes to every entrepreneur." Previously, it was reported that Li Feng, co-founder of Moore Threads, the "first domestic GPU stock," was exposed for issuing cryptocurrency to raise funds and borrowing 1,500 BTC without repaying. Binance responded to questions about the timing of its official Twitter post being close to its token launch, stating that it has launched an internal review. Regarding the crypto community's point that "Binance's official Twitter account tweeted at 30 minutes past the hour, but the coin was announced at 29 minutes past the hour, and the correct image was used," Binance responded, "We are aware of the feedback and are conducting an internal investigation. We have zero tolerance for any behavior involving coin listings or other forms of corruption. Once the investigation is confirmed, we will inform the community of the progress as soon as possible. Our reporting channels are open and transparent, and we welcome any leads regarding coin listings or other forms of corruption." Important data The average cash cost for public miners mining Bitcoin has reached $74,600, with a total cost of $137,800. According to CryptoRank, the average cash cost for a public miner to mine one Bitcoin has reached $74,600, while the total cost, including depreciation and SBC, has climbed to $137,800.

Author: PANews
Ethereum: Breaking $3100 Could Trigger $565M Short Liquidations on Major CEXs, Dropping Below $3000 Could Spark $471M Long Liquidations

Ethereum: Breaking $3100 Could Trigger $565M Short Liquidations on Major CEXs, Dropping Below $3000 Could Spark $471M Long Liquidations

The post Ethereum: Breaking $3100 Could Trigger $565M Short Liquidations on Major CEXs, Dropping Below $3000 Could Spark $471M Long Liquidations appeared on BitcoinEthereumNews.com. COINOTAG News, citing Coinglass data, highlights key Ethereum price levels as a near-term risk signal. If Ethereum breaches $3100, the estimated cumulative short liquidation intensity on mainstream CEXs could approach $565 million, underscoring activity concentration around critical liquidity zones. Conversely, a decline below $3000 may trigger substantial long liquidation intensity on major exchanges, potentially near $471 million. Traders should monitor these thresholds as dynamic risk metrics that reflect looming volatility and liquidity cascades, rather than definitive price outcomes. COINOTAG notes that the liquidation chart is not a precise count of contracts; the vertical bars convey relative liquidity impact or intensity between clusters. Higher bars signal stronger price reactions when levels are reached. Source: https://en.coinotag.com/breakingnews/ethereum-breaking-3100-could-trigger-565m-short-liquidations-on-major-cexs-dropping-below-3000-could-spark-471m-long-liquidations

Author: BitcoinEthereumNews
Analysts: ETH holdings on CEX platforms have fallen to a record low of 8.8%, and tight supply may drive prices up.

Analysts: ETH holdings on CEX platforms have fallen to a record low of 8.8%, and tight supply may drive prices up.

PANews reported on December 7th that, according to Cointelegraph, analyst Milk Road stated that the amount of ETH stored on centralized cryptocurrency exchanges has fallen to unprecedented lows, potentially leading to supply shortages. According to Glassnode data, ETH holdings on exchanges are at a low of 8.8%, essentially the lowest level since the network launched in mid-2015. The amount of ETH on exchanges has decreased by 43% since the beginning of July, which coincided with a period of accelerated growth in Digital Asset Treasury (DAT) purchases. In contrast, Bitcoin holdings on exchanges are higher at 14.7%. Milk Road believes that ETH is being pulled into areas where it's difficult to sell, such as staking, restaking, Layer 2 network activity, DAT, collateralized cycles, and long-term custody, suggesting that tightening supply could drive up prices. "Currently, market sentiment is low, but market sentiment doesn't determine supply. ETH's supply is tightening subtly, and the market is deciding the next move. When this gap disappears, the price will rise."

Author: PANews