Despite the deposit and withdrawal halt, BlockFills customers can still place trades on the platform to open and close positions. Institution-focused crypto lending platform BlockFills announced it halted customer deposits and withdrawals last week as Bitcoin and the broader crypto market continued to tumble. The suspension, which remains in effect, was intended to protect clients…
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Bitcoin dropped to under $109,000 as long-term holders realized 3.4 million Bitcoin profits and ETF inflows slowed, signalling potential cycle exhaustion. Bitcoin could be headed for a deeper correction as cumulative realized long-term holder profit taking has now reached levels seen in previous market cycle tops, according to onchain analysis Long-term holders realized 3.4 million…
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