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MEXC Lists Memecore (M) for Spot, Futures, and Swap Trading

6 hours ago

July 3rd. According to official channels, MEXC officially listed Memecore (M) on July 3rd at 3:50 PM (EST) and opened the M/USDT trading pair. On the same day, M perpetual contract trading will be accessible, with leverage ranging from 1 to 50x and one-click long/short conversion available. At 4:50 PM (EST), the platform launched its instant swap feature, enabling seamless and instantaneous conversion with other assets.
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Analyst: Bitcoin Nearing All-Time High But Traders Still Showing Bearish Sentiment, Surge in Short Positions Could Trigger Potential "Short Squeeze"

On July 3rd, Coindesk analyst Oliver Knight pointed out that although the trading price of Bitcoin exceeded $110,000 and was approaching its all-time high, traders still demonstrated bearish sentiment. The long/short ratio decreased significantly from 1.223 (favoring longs) to 0.858 (favoring shorts). The data indicates that the open short positions have increased from $32 billion to $35 billion, suggesting an inflow of funds into bearish positions and a lack of confidence in Bitcoin's continuous upward trend. Currently, Bitcoin is still fluctuating between $100,000 and $110,000. Technical indicators such as the RSI show bearish divergence. Traders in this range are using short-term strategies for arbitrage. With the increase in short positions, there is also a potential bullish situation in the market: a short squeeze. If Bitcoin breaks above its all-time high and triggers forced liquidation points and stop-loss orders for shorts, it could quickly increase buying pressure and furthe

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US Stock BMNR Extends Gain to 121.98%, Weekly Gain Exceeds 2944%

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US Stock BMNR Extends Gain to 64.2%

On July 3rd, based on market data, the stock price of Bitmine Immersion (BMNR) has seen a significant surge of 64.2%, currently trading at $96.06. It has achieved a weekly gain of more than 2117%. Bitmine Immersion previously announced the successful completion of a $250 million large-scale private placement. The raised funds will mainly be used to increase their holdings of Ethereum and is intended to designate it as a core reserve asset. Meanwhile, they will continue to maintain their core Bitcoin mining business.

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「Insider Trader」 was liquidated again 50 minutes ago, selling 1111.7 ETH and 37.96 BTC.

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Sentora: 99% of BTC Holders Currently in Profit

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