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Gate.io Launches INIT Perpetual Contract Pre-trading

2025.04.16 13:18:01

On April 16th, according to official information, Gate.io has now initiated pre-market trading of INIT perpetual contracts (settled in USDT), with support for leverage ranging from 1 to 10 times.
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Mining Firm Cango Receives $10.5 Million Investment from EWCL to Enhance Mining Operations

Dec. 30 (PR Newswire) — Bitcoin mining firm Cango Inc. (CANG) announced today it has secured a $10.5 million investment from Enduring Wealth Capital Limited (EWCL). EWCL will subscribe to 7 million shares of Cango’s Class B common stock at $1.50 per share, with each share carrying 20 votes. Post-transaction, EWCL’s ownership stake in Cango is expected to rise from approximately 2.81% to around 4.69%, while its voting power will increase from roughly 36.68% to about 49.61%. Cango CEO Paul Yu noted the funding will be used to boost Bitcoin mining operational capabilities, enhance hash rate efficiency, upgrade mining equipment, and selectively acquire strategic mining assets.

18 minutes ago

ElizaOS founder Shaw X's account has been unbanned, ELIZAOS up over 150%

**Update: ElizaOS Founder Shaw’s X Account Unfrozen Amid Token Surge** ElizaOS founder Shaw’s X account (@shawmakesmagic) was unfrozen on December 30. Data from GMGN shows the ElizaOS (ELIZAOS) token has jumped over 150%, with its current market capitalization standing at $45 million. Previously, on June 11, both the official ElizaOS X account (@elizaOS) and Shaw’s personal account were frozen for unknown reasons.

18 minutes ago

Pre-market Crypto Stocks Up Across the Board, BitMine Up 1.23%

Market data as of December 30 shows crypto-related U.S. stocks were mostly higher in pre-market trading: Coinbase (COIN) +0.53%, Circle (CRCL) -0.21%, MicroStrategy (MSTR) +0.75%, MARA Holdings (MARA) +0.32%, Riot Blockchain (RIOT) +0.61%, BitMine Immersion (BMNR) +1.23%, SharpLink Gaming (SBET) +0.56%.

18 minutes ago

Mainstream Perp DEX Overview: Platform Trading Volume Up from Yesterday, Hyperliquid Leads in Trading Activity

On December 30th, DefiLlama data shows a surge in trading activity on perpetual DEXs (Perp DEXs). Overall volume across multiple platforms spiked sharply today, jumping from generally less than $30 billion yesterday. Hyperliquid leads the pack with a nearly $70 billion daily trading volume; by contrast, Lighter’s volume increase has been relatively modest—suggesting waning interest in its token rewards. Key platform metrics (24-hour trading volume, TVL, open interest): - Hyperliquid: ~$68.8B, ~$41.6B, $74.4B - Aster: ~$51.6B, ~$12.4B, $24.1B - Lighter: ~$33.9B, ~$14.5B, $14.9B - EdgeX: ~$28.1B, ~$3.73B, $7.67B - Extended: ~$14.1B, ~$1.2B, $1.6B - ApeX: ~$13.6B, ~$45.84M, $23B - Pacifica: ~$5.16B, ~$41.12M, $59.19M

18 minutes ago

Binance to Launch BREV Perpetual Futures Trading

On December 30, Binance said in an official announcement it will launch BREVUSDT Perpetual Contracts trading at 10:45 UTC that day, with up to 5x leverage.

18 minutes ago

A whale deposited 4.35 million USDC into HyperLiquid, shorting LIT with 1x leverage.

On December 30, data from Onchain Lens shows a crypto whale deposited 4.35 million USDC into HyperLiquid and opened a 1x leveraged short position on LIT, with an average entry price of $2.74. The position currently faces an unrealized loss of $200,000. Notably, the same whale holds leveraged short positions on Lighter: 10x on XMR, 5x on ASTER and MEET, and 3x on HYPE, USELESS, and STBL. These positions are in floating profit of $1.6 million.

18 minutes ago

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