"Maji" reduces some ETH long positions, with a liquidation price of $1991.01.

Citibank promotes "Bitcoin Banking": Striving to launch "Institutional-Grade Custody" and "Cross-Asset Collateral" services this year

Citigroup is pushing for the banking of Bitcoin, planning to deeply integrate it into the traditional financial system, with institutional-grade crypto custody services expected to launch in 2026. By simplifying Bitcoin transaction processes and reducing operational friction, Citigroup aims to attract more institutions to adopt digital assets further. Additionally, the bank is exploring the applications of stablecoins and blockchain deposit tokens, hoping to provide traditional financial institutions with more convenient ways to utilize capital.

Bitcoin and Ethereum options with a total notional value of $2.68 billion will expire on March 6.

Greeks.live release data shows that the Bitcoin and Ethereum options expiring on March 6 are 32,000 and 184,000 contracts respectively. The market rebound has pushed Bitcoin back to $70,000. Despite an increase in bullish options trading, the momentum has slowed; implied volatility has risen.

Ethereum Jumps 25% After $1750 Liquidity Sweep As Traders Eye $2500 Zone

_Ethereum surged about 25% from $1,750 to near $2,200 after a liquidity sweep triggered strong buying activity._ _Around 3.4M ETH is waiting in the validator queue, one of the longest lines since Ethereum moved to proof of stake._ _Trader 0xA5e4 lost $1.53M after a $31M ETH short

ETH Breaks Through 2150 USDT

Gate News bot message, Gate market display, ETH has broken through 2150 USDT, now priced at 2150.56 USDT.