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MEXC, a leading global cryptocurrency exchange, has provided over $414 million through its Insurance Fund Account to cover deficits that occur when users’ losses during liquidation exceed their available margin as of January 23, 2025. This impressive figure underscores MEXC’s commitment to asset security and risk mitigation. Combined with Proof of Reserve , MEXC offers traders robust protection against extreme market fluctuations.  How MEXC’s Insurance Fund Account Mitigates Risk for Traders The MEXC Insurance Fund Account, launched in November 2024, is specifically designed to protect traders from extreme market fluctuations, such as those experienced during a bull run, where rapid price swings can lead to a user’s account value to dip below the required margin level, triggering a liquidation. Should the liquidation price be worse than expected, resulting in losses that exceed than the available margin (a scenario known as bankrupt...

The MAGA Hat price has surged more than 65% in week, despite a 2% drop in the last 24 hours, to trade at $0.0002394 as of 6:14 a.m. EST as investors buy into the political meme coin ahead of the US election. The slight correction in the MAGA price in the past day comes after Republican presidential candidate Donald Trump posed in a garbage truck dressed as a sanitation worker before a rally in Green Bay, Wisconsin. The publicity stunt came in response to President Joe Biden seemingly calling Trump’s supporters “garbage.” Biden has said his remarks referred to one individual only. MAGA Hat Price Hanging Onto Support 4-hour chart for MAGA/USD (Source: GeckoTerminal ) The MAGA Hat price is resting on the support level at $0.0002260. Should it break below this technical crutch in the next 12 hours, it could stand the risk of plummeting to the subsequent mark at $0.0001782 in the following 24 hours. However, traders identifying the political meme coin’s curre...

The Popcat price surged 9% in the last 24 hours to trade at $1.31 as of 3.30 a.m. EST on trading volume that skyrocketed 31% to $138.6 million. The popular meme coin has soared 29% in the past week, although its current value is still some way short of its weekly high. Popcat Price Prediction The POPCAT price saw a strong surge in the last 24 hours, but it appears its price encountered a barrier that it was unable to breach at this time. After an attempt to climb beyond the value of $1.30, the token’s price was rejected by a resistance, but technical indicators suggest that the market is still bullish. As a result, the price might retest the resistance over the next few hours. Popcat’s Bollinger bands have seen a sharp narrowing in the last several hours after yesterday’s surge, only to start widening again now, as the new surge pushed the upper band further up. However, after getting slightly beyond the value of $1.30, the rejection sent the price down toward the...

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Colombia’s president , Gustavo Petro, has made headlines by expressing his support for Bitcoin (BTC) adoption, embracing crypto’s potential. This development has also sparked renewed interest in altcoins like Shiba Inu (SHIB) and Meme Moguls (MGLS). Colombian president accepts Bitcoin gift Colombian President Gustavo Petro recently made headlines after receiving a gift of 100,000 satoshis in BTC from Samson Mow.  The President of Colombia is now a #Bitcoin HODLer for sure. 100,000 sats to be exact. ️ pic.twitter.com/dKbnTRtcAI — Samson Mow (@Excellion) December 1, 2023 This symbolic gesture aimed to initiate President Petro into crypto. Acknowledging this digital gift, the president expressed his belief in the technology’s potential for Colombians. Amid this, Bitcoin prices have been rallying, edg...

Coinbase Advanced customers in the U.S. can trade nano-sized futures contracts sized at 1/100th of a Bitcoin and 1/10th of an Ether. Coinbase Advanced allows retail traders in the United States access to regulated crypto future s contracts four months after Coinbase Financial Markets (CFM) secured approval to operate a Futures Commission Merchant (FCM) entity. On Aug. 17, CFM secured regulatory approval from the National Futures Association (NFA), a Commodity Futures Trading Commission-designated self-regulatory organization, to operate an FCM and offer crypto futures services to eligible U.S. traders. In details shared with Cointelegraph, CFM revealed that Coinbase Advanced customers in the U.S. can trade nano-sized futures contracts sized at 1/100th of 1 Bitcoin (BTC) and 1/10th of 1 Ether (ETH). As explained by Andrew Sears, the CEO of CFM: “These contracts offer lower upfront capital requirements and can be an affordable investment option for a broader range of retail customer...

Crypto.com has made euro deposits and withdrawals available for retail traders on its web platform, a press release shared with crypto.news on Aug. 3 shows. Retailers can now access euro trading  Crypto.com exchange allows retail traders to transfer euros to and from their accounts, making trading crypto pairs like Bitcoin, Ethereum, and USDT easier.  This feature will be available first on the Crypto.com web platform, followed by the exchange app. Retail users are advised to wait for more updates in the near future. Institutional clients began accessing euro trading on the Crypto.com platform in May 2023. They were offered low transfer fees, deep liquidity, advanced trading tools, and reward events.  You might also like: Crypto.com gets registration approval in the Netherlands This announcement allows retail traders to transfer, withdraw, and deposit euro without fees. This means they can initiate transactions with as little as €1 and enjoy the benefits of ...

Bitcoin has plenty of resistance levels to deal with as CPI begins a major macro week for risk asset markets. Bitcoin (BTC) returned above $26,000 on June 13 as analysts eyed resistance overhead.  BTC/USD 1-hour candle chart on Bitstamp. Source: TradingView Bitcoin price inches between trend lines Data from Cointelegraph Markets Pro and TradingView showed BTC/USD attempting to reclaim $26,000 support after the daily close. The pair had seen a curiously uneventful start to the week, this despite ongoing fallout from United States legal action and markets preparing for a slew of macroeconomic data releases. Bitcoin thus remained in a narrow range in place since midway through the weekend. “Risky day for any deep trades,” popular trader Crypto Tony wrote in part of the day’s Twitter Analysis , considering upside potential should the support flip occur. $BTC / $USD - Update Risky day for any deep trades, but trying this out if we can flip the current supply zone into support pic.twitter...

On-chain data from Glassnode shows market participants averting risk and seeking shelter in stablecoins and BTC as the crypto market nears a decisive move. On-chain analytics firm Glassnode published a report hinting that investors are rotating capital toward risk-off assets like stablecoins and Bitcoin. Technicals show that altcoins are at a crucial turning point between a positive and a negative breakout. Glassnode’s Analysis of Uniswap and futures trading volumes reveals that the uptrend that began in the first quarter of 2023 began cooling off in April, with regulatory concerns and a lack of liquidity promoting risk-off tendencies among traders . The report stated that while it might appear that memecoins caused a surge in Uniswap’s trading volume, a closer look at Uniswap’s pools reveals that the majority of volume was for top cryptocurrencies in Wrapped BTC, Ether (ETH) and stablecoins . Moreover, sandwich attacks and bot trading accounted for a significant amount of this tradi...