ETH

  • Andrew Tate losses over $95,000 in Bitcoin and Hyperliquid trades after 8 liquidations in 24 hours

    Andrew Tate posts latest crypto loss with $727K on Hyperliquid
    News
  • Faris and 2 accomplices sentenced in the UK for $4.3M+ crypto robbery at gunpoint.

    Faris and 2 accomplices sentenced in the UK for $4.3M+ crypto robbery at gunpoint
    News
  • XRP pressures new buyers, as 42% of the supply is in the red.

    XRP pressures new buyers, as 42% of the supply is in the red
    News
  • Strategy’s 649,870 Bitcoin holding just took a brutal hit

    Strategy’s 649,870 Bitcoin holding just took a brutal hit
    News
  • Onfolio Holdings unveils $300M BTC, ETH, SOL multi-crypto reserve

    Onfolio Holdings unveils $300M BTC, ETH, SOL multi-crypto reserve
    News

  • Build on Bob secures a total of $25M in funding after completing a BOB community sale
    News
  • live news & hot discussions

    TUNE INTO

    The loudest crypto insights in real time

  • Investors pull $1.26B from BlackRock Bitcoin ETF as hedging cost rise
    News

  • Bank of Russia to allow investments in derivatives directly linked to crypto
    Regulation
  • Lloyds Banking Group signs $139M deal to acquire digital wallet provider Curve

    Lloyds Banking Group signs $139M deal to acquire digital wallet provider Curve
    News
  • Hackers use fake reCAPTCHA pop-ups to install malware and steal crypto

    Hackers use fake reCAPTCHA pop-ups to install malware and steal crypto
    News
  • SEC omits crypto from 2026 exam priorities

    SEC omits crypto from 2026 exam priorities
    Regulation

  • Bitcoin short-term holders face losses not seen since FTX collapse
    News

  • CBOE Futures Exchange to launch perpetual BTC and ETH contracts in December
    News
  • Cardano's Charles Hoskinson identifies blockchain weak link

    Cardano’s Charles Hoskinson identifies blockchain weak link
    News
  • BEST COINS'26
    TON
    Explore
    ZEC
    Explore
    BTC
    Explore
    DOGE
    Explore
    HYPE
    Explore
  • SGX launches institutional Bitcoin and Ether perpetual futures

    SGX launches institutional Bitcoin and Ether perpetual futures
    News
  • SHIB joins BTC and ETH on Japan’s 'Green List'

    SHIB joins BTC and ETH on Japan’s ‘Green List’
    News
  • Whales drive DeFi yield protocols, making up most of the value locked

    Whales drive DeFi yield protocols, making up most of the value locked
    News
  • Small-cap coins hit lowest levels as Bitcoin tumbles below $94,000

    Small-cap coins hit lowest levels as Bitcoin tumbles below $94,000
    News
  • Bitcoin now trades like a tech stock, Correlation nears decade high

    Bitcoin now trades like a tech stock as correlation nears decade high
    News
  • Arthur Hayes sends 700 ETH to B2C2, on-chain data shows.

    Arthur Hayes sends 700 ETH to B2C2, on-chain data shows
    News
  • Hyperliquid whale goes long on a basket of altcoins, is a recovery coming?

    Hyperliquid whale goes long on a basket of altcoins, is a recovery coming?
    News
  • South Korean exchanges are facing mounting earnings pressure as a sharp market decline has stalled trading volumes. In a statement shared by industry officials on Sunday, the slump marks a stark reversal of fortunes from the third quarter, where soaring crypto prices triggered record profits. According to disclosures filed with the Financial Supervisory Services, Dunamu, operator of Upbit, posted 235.3 billion won ($161.7 million) in operating profits. The figure represents an increase of 180% from a year earlier. The firm’s revenue jumped by 104% to 385.9 billion won, while net income quadrupled to 239 billion won. Bithumb also experienced a surge, seeing its operating profits rise eightfold to 70.1 billion won. Revenue increased by 184% to 196 billion won, while net income hit 105.4 billion won, representing a 34-fold rise. Korean exchanges face earnings pressure According to reports, both Upbit and Bithumb attributed their strong quarter to the rebound in the prices of digital assets and a rise in trading activity. Market sentiment also appeared to improve on signs of United States legislative progress, including the approval of the Guiding and Establishing National Innovation for United States Stablecoins Act, also known as the GENIUS Act. In addition, the sentiment was also lifted by Ethereum’s rally and the growing expectation of a US Federal Reserve interest rate cut. However, momentum has since stalled. Bitcoin slid below $95,000 on Saturday, its lowest level in the past six months and 25% off its October 6 peak of $126,210. The market has now moved to an extreme fear territory, according to market tracker CoinMarketCap. A few of the headwinds escalating things include the persistent trade tensions between the United States and China, fading hopes for the Fed’s rate cut next month, and a $100 million Ethereum hacking incident that is affecting investor confidence. Some traders are presently questioning whether a new crypto winter is beginning, as a result of the drying trading activity. Exchanges remain at the mercy of volatility According to CoinGecko, the combined daily average trading volume on Upbit and Bithumb stood around $1.88 billion from November 1 through Friday, the lowest level so far since the beginning of this year. The figure peaked at $7.8 billion in January, bottomed out at $2.2 billion in June, and has since been hovering between the $3 billion and $4 billion mark. These developments are expected to deliver a significant blow to the operations of domestic cryptocurrency exchanges. Trading fees make up most of their revenue, 98.2% for Dunamu and 98.3% for Bithumb. In response to the shortfall, these exchanges have been rushing to list new digital assets in an effort to keep their investors engaged. In a report from digital analytics platform APYWA, from January 1 to Friday, Korea's top five exchanges, Korbit, Coinone, GOPAX, Upbit, and Bithumb, have all listed about 391 tokens, up 47% from all of 2024. In the report, the platform mentioned that the exchanges accelerated the pace of their listings in the second half of the year. Still, it reports that volumes have remained weak as the market trades sideways. "Without alternative revenue streams, exchanges will remain at the mercy of market volatility," an industry official said. "While the phased approval of corporate participation in the crypto market is seen as a positive signal, long-term sustainability will require regulatory reforms that allow for greater business diversification.” It remains to be seen how these exchanges hope to trigger a shift in trading activities, as they hope that digital assets return to winning ways.

    Korean crypto exchanges face earnings pressure as trading volumes stall
    News