If Bitcoin breaks $104,000, mainstream CEX total short liquidation volume will reach $646 million

On May 9th, Coinbase announced that its subsidiary, Coinbase Derivatives, launched the first CFTC-regulated Bitcoin and Ethereum leveraged futures trading service available 24/7 in the US on May 9th. This service is accessible to both retail and institutional users. This marks a significant milestone as it is the first time the US derivatives market has achieved round-the-clock trading, enabling users to hedge risks and seize market opportunities at any time. Coinbase also has plans to introduce perpetual contracts and will continue to offer more compliant derivatives in the future.

On May 9th, as monitored by Moonshot Listings, Moonshot has listed DUPE.

On May 9th, based on HTX market data, Ethereum has fallen below $2300, showing a 24-hour change of 15.12%.

On May 9th, the Greek.Live analyst Adam posted on social media and said, "The community generally has a bullish attitude towards Bitcoin. Traders expect to create a new all-time high. Most traders are concentrating on the resistance level of $10.6 to $10.8k. There is a consensus that breaking the previous $10.8k all-time high will bring significant additional upward momentum."

On May 9th, as monitored by Moonshot Listings, DOOD has been listed by Moonshot.

On May 9th, as reported by Bloomberg, Battleshares, a brand affiliated with Tidal Financial Group, has submitted an application to the U.S. SEC to launch two ETFs that are hedged against Bitcoin and gold. This product will enable investors to directly place bets on the relative performance of these two assets through tools such as short-selling securities, swap contracts, and options. Dhaval Joshi, the Chief Strategist at Counterpoint, holds the view that Bitcoin will gradually encroach on the market share of gold. In the long term, a combination of going long on BTC and shorting on gold shows more potential. This year, gold has repeatedly reached new highs due to safe-haven demand. Meanwhile, Bitcoin dropped during the April turmoil along with risk assets but has recently surged vigorously following the progress of U.S. digital financial policies. Brent Donnelly, the President of Spectra FX, pointed out that Bitcoin still has a high correlation with the Nasdaq 100 index, while gold m