
Traders start losing control of open positions as BitMEX begins its staged shutdown
The BitMEX closure limits new positions at 04:00 UTC, with forced closures possible before Sept. 23.
Read crypto trading news, market structure shifts, technical setups, derivatives activity, and strategies used across volatile markets.

Datavault first cure period ends Aug. 24, while another 180 days depends on other listing tests and a written split notice.

A snapshot today will determine who can weigh in on smoother issuance, faster blocks and the scope of NU7.

The exchange has hired White & Case to explore restructuring while customers continue pressing for access to their funds.

Open interest fell 2.65% and funding stayed near baseline, pointing to leverage clearing rather than longs rebuilding.

Investor demand broadened beyond Bitcoin and Ethereum as several newer crypto funds extended consecutive weeks of positive flows.

The US funds pulled in $2.6 billion as Bitcoin surged toward $80,000 and Washington delivered a string of market-moving catalysts.



