24/7 Blockchain industry dynamics and breaking crypto news
Xunlei has sued former CEO Chen Lei, accusing him of embezzling 200 million yuan for illegal cryptocurrency trading and fleeing abroad in 2020.
Read MoreThe central bank indicates potential for further rate cuts in 2025, citing stable bank margins, favorable exchange rates, and maturing long-term deposits.
Read MoreStandard Chartered reports a shift to fiscal stimulus in 2026, with rising government debt and inflation risks, while market liquidity may reverse after recent highs.
Read MoreThe U.S. plans to approve exports of H200 AI chips to China while imposing a 25% sales tax. China has reiterated its stance on chip exports and tariffs.
Read MoreThe central bank recently released data showing that the broad money supply (M2) reached 340.29 trillion yuan at the end of December, growing by 8.5% year-on-year. Narrow money (M1) stood at 115.51 trillion yuan, up 3.8%, while currency in circulation (M0) rose 10.2% to 14.13 trillion yuan.
Read MoreThe People's Bank of China announced a 0.25% cut in structural monetary policy tool rates, with one-year relending rates dropping to 1.25%, aiming to optimize economic structure and support high-quality development.
Read MoreOn January 15, Onchain Lens reported that a whale's LIT long position was partially liquidated due to falling prices, resulting in a $509K loss. The whale still holds a position with a next liquidation price at $1.49.
Read MoreOn January 15, Dragonfly Capital withdrew over 25,900 HYPE tokens worth approximately $650,000. The significant off-exchange movement has sparked speculation about strategic positioning and potential long-term holding intentions.
Read MoreA major on-chain trader locked in $781K profit by closing leveraged silver positions and is now focusing on gold tokens and a diversified portfolio of tech-heavy synthetic equities, including Apple and AMD.
Read MoreAn address has accumulated a BTC long position worth $3.04 million, with a $1,014 profit on its 10x leveraged BTC longs.
Read MoreManhattan prosecutors urge stronger crypto regulations, including licensing and KYC rules, to fight financial crime. Experts say success depends on legal clarity and enforcement capabilities.
Read MoreA major investor opened a leveraged long position on 93 BTC at $96,391 average price, using 25x leverage. The $8.98M bet has already gained profit, highlighting aggressive trading behavior that’s drawing market attention.
Read MoreA trader bought heavily into a meme coin at its peak, only to see prices collapse and losses exceed 60%. Repeated failed attempts highlight the extreme risks of speculative crypto trends driven by hype.
Read MoreUK Deputy Governor Dave Ramsden suggests stablecoin users may need bank-like protections to maintain trust in digital money, especially if such assets become systemically important.
Read MoreBinance's spot trading share has dropped to 25%, its lowest since 2021, with derivatives falling to 35%. Trading activity is shifting to platforms like Bybit and HTX, signaling a structural market shift.
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