PANews reported on December 7th that, according to CoinAnk data, the total liquidation amount for cryptocurrency futures contracts across the entire network reached $245 million in the past 24 hours, including $208 million in long positions and $36.6997 million in short positions. The total liquidation amount for BTC was $46.006 million, and for ETH it was $83.4168 million.

Robinhood acquired an Indonesian brokerage and digital asset trading firm to access a market with 17 million crypto investors. Crypto and stock trading platform Robinhood is set to tap into Indonesia’s burgeoning cryptocurrency trading market after an agreement to acquire two local fintech companies.In an announcement on Sunday, Robinhood said it has entered into agreements to acquire Buana Capital, an Indonesian brokerage, and PT Pedagang Aset Kripto, a licensed Indonesian digital financial asset trader, “marking our entry into one of Southeast Asia’s fastest-growing markets.”It said that Indonesia has more than 19 million capital market investors and 17 million crypto investors, making it a “compelling market for equities and crypto trading.”Read more

