Taiwanese celebrity trader Huang Lizheng, widely recognized in crypto circles as ‘Machi Big Brother,’ has accumulated over $3.6 million in unrealized profits from his Ethereum investments. This significant financial turnaround stems from his adoption of a high-stakes 25x leveraged trading… Read More »Huang Lizheng Scores $3.6M Ethereum Profit Through High-Risk Leveraged Strategy
The recently enacted GENIUS Act has created a comprehensive federal regulatory framework for stablecoins in the United States. The legislation mandates that stablecoin issuers maintain one-to-one reserves, obtain federal licenses, and implement anti-money laundering (AML) compliance measures. Circle, issuer of… Read More »GENIUS Act Establishes Federal Stablecoin Framework Amid Ethereum Market Volatility
Ethereum witnessed dramatic market volatility as its price fell below the $3,800 threshold on July 22, resulting in approximately $1.79 billion in long position liquidations. The abrupt decline primarily impacted leveraged traders amid intensified price fluctuations across cryptocurrency markets. Analysts… Read More »Ethereum Price Plunge Below $3,800 Triggers $1.79 Billion Liquidation Event Amid Market Turbulence
The U.S. Securities and Exchange Commission has delayed its decision on Franklin Templeton’s proposed spot Ethereum exchange-traded fund. Regulators cited the need for additional time to thoroughly review the application, extending the evaluation period to examine market structure implications and… Read More »SEC Postpones Franklin Templeton Ethereum ETF Decision, Fueling Crypto Market Uncertainty