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Crypto
Crypto exchange closures may signal market bottom, Tom Lee says
A series of cryptocurrency exchange shutdowns could be a sign the market is near a bottom, Fundstrat co-founder Tom Lee said. His comments followed BitMart’s decision to end its trading platform and BitMEX’s plan to halt operations this year. Lee maintained a long-term optimistic view on ethereum, comparing its evolution potential to growth inflection points seen at Amazon, Nvidia and JPMorgan, and reiterated a $250,000 long-term target.
Crypto
BitMart to wind down crypto exchange after 9 years, to end operations in January 2027
BitMart will end operations of its global cryptocurrency exchange after 9 years, with full shutdown set for Jan. 31, 2027 at 1559 UTC. Trading is being restricted in phases, including halts to new account openings, deposits and new spot and futures orders. Automated services will also be wound down. Users will still be able to log in for a period after operations stop to review records and request withdrawals, but enhanced checks may apply.
Crypto
Trump-hosted \'Mar-a-Lago luncheon\' nears as TRUMP whales keep accumulating
Ahead of U.S. President Donald Trump’s Mar-a-Lago luncheon event, holders of the meme coin TRUMP are increasing their holdings. Cointelegraph reported whales are competing to qualify for invitations. The event is set for April 25, with the top 297 holders invited and the top 29 offered a separate private reception. On-chain trackers reported multiple large withdrawals from Binance, Bybit and BitMart. Despite accumulation, TRUMP has fallen more than 33 percent since a March spike.