Search results for MEXC
Crypto
XRP plunge to $1.38 triggers long liquidations; 1-hour imbalance tops 10,535 percent
XRP slid to $1.38 as forced liquidations of long positions far exceeded losses on short positions, blockchain outlet U.Today reported. The move began as XRP retreated from an intraday high of $1.4150 during the U.S. Labor Day holiday period, triggering stop-losses and margin liquidations among high-leverage traders. Some exchanges saw outflows, while MEXC and Bybit drew speculative demand, with MEXC volume jumping 118.32 percent.
Crypto
OKB only token to beat bitcoin returns since 2021 peak, analysis shows
Bitcoin has outperformed most altcoins on a long-term investment basis, with OKB, the OKX exchange token, the only one to maintain higher returns than bitcoin since the 2021 bull-market peak, an analysis showed. In the past 24 months, only 22 tokens beat bitcoin’s returns. About 32 percent of those were exchange tokens. Many former outperformers have plunged from record highs, and most altcoins remain weak overall.
Crypto
MEXC supports Bittensor TAO staking for global users
Cryptocurrency exchange MEXC is supporting staking for Bittensor’s native token, TAO. Cointelegraph reported that the integration allows MEXC users to participate in securing the Bittensor network and receive rewards. The service connects Yuma’s validator infrastructure to MEXC, and Yuma said 40 million MEXC users can access TAO staking. The companies said the integration aims to broaden access to the Bittensor ecosystem and increase network participation.
