Key Notes Coinbase recently disclosed that it has applied for a national trust company charter from the OCC. The charter is expected to bring a fresh set of regulatory oversight. Paxos, Circle, BitGo, and Ripple are also seeking a Federal Charter from the OCC. As part of an expansion of its services, American cryptocurrency exchange Coinbase is pursuing a national trust company charter from the Office of the Comptroller of the Currency (OCC). It has now joined the list of other digital asset service providers seeking the same charter in…
Tag: Exchange
Bitcoin STH Exchange Inflows Hit $5.7B: Profit-Taking Already Underway?
On-chain data shows the Bitcoin short-term holders have just made large deposits to exchanges, a potential sign profit-taking is underway. Bitcoin Short-Term Holder Exchange Inflows Have Shot Up In a new post on X, CryptoQuant community analyst Maartunn has talked about the latest trend in the deposits being made by Bitcoin short-term holders to centralized exchanges. The “short-term holders” (STHs) refer to the BTC investors who purchased their coins within the past 155 days. The STHs make up for one of the two main divisions of the network done on…
World’s Largest Crypto Exchange by Trading Volume Launches Airdrop for New Blockchain Infrastructure Layer
Binance has rolled out support for a new blockchain infrastructure layer project. The top global crypto exchange by trading volume says DoubleZero (2Z) is the next project in its HODLer Airdrops program, which rewards BNB holders with tokens based on historical snapshots of their balances. DoubleZero bills itself as a “high-performance global network purpose-built for distributed systems.” “On the public internet, packets take multiple hops before arriving at their destination. With DoubleZero, they move along the most direct path from point A to point B. Powered by independent contributors supplying available bandwidth,…
Leading US-Based Exchange Coinbase Partners With Smartphone Giant Samsung To Bring Crypto to Android Wallets
The top US-based crypto exchange by trading volume is combining forces with the world’s most popular smartphone producer to make accessing crypto even easier for Android users. In a new press release, Coinbase has announced that Samsung Galaxy users can now access a free trial to Coinbase One in addition to Coinbase integration in Samsung Pay. Says Coinbase Chief Business Officer Shan Aggarwal, “Together with Samsung, we’re pairing their global scale with Coinbase’s trusted platform to deliver the best value for people to access crypto — starting with more than…
London Stock Exchange May Gain Stamp Duty Exemption for New Listings: Report
The UK Treasury is reportedly considering a temporary exemption from stamp duty for shares of newly listed companies on the London Stock Exchange, as Financial Times reported. The measure is part of efforts to support the city’s public markets, which have seen lower listing activity compared with some smaller international exchanges. The proposed exemption would remove the 0.5 per cent tax on share purchases for companies that have recently floated. Sources indicate it could apply for two to three years following a company’s listing. Shares issued at the point of…
BTCC Exchange Announces Triple Global Workforce Expansion at TOKEN2049 Singapore to Power Web3 Evolution
October 1st, 2025 – VILNIUS, Lithuania BTCC, the world’s longest-serving cryptocurrency exchange, announced today at TOKEN2049 Singapore its ambitious plan to triple its global workforce to 3,500 employees over the next six months. This marks a pivotal transformation in the company’s evolution from a traditional crypto exchange to a comprehensive Web3 platform. The announcement comes at TOKEN2049 Singapore, Asia’s premier Web3 event taking place at the Marina Bay Sands Expo & Convention Centre from October 1-2, 2025. With thousands of attendees, exhibitors, and speakers converging at the event, BTCC chose…
Kazakhstan Dismantles Crypto Exchange Linked to $224 Million Money Laundering Operation
A Kazakhstan agency announced on Sept. 29 the dismantling of a major crypto exchange involved in laundering over $224 million from drug trafficking and internet fraud. High-Profile Service and Darknet Links Kazakhstan’s Financial Monitoring Agency (FMA) announced on Sept. 29 that it had completely dismantled a major crypto exchange service that laundered over $224 million […] Source
Shiba Inu Exchange Reserves Fall Below $1 Billion Amid Withdrawal Spree, What This Means For Price
Shiba Inu (SHIB) is witnessing a significant shift on centralized exchanges, as fresh on-chain data reveals that the meme coin’s reserves have plunged below the $1 billion mark following a massive withdrawal spree. While this decline may seem concerning at first glance, historical trends suggest that such large-scale withdrawals often indicate a shift from selling to accumulation in the long term. Shiba Inu Exchange Reserves Plunge To New Lows According to data from CryptoQuant, Shiba Inu’s exchange reserves have experienced a steep drop in recent months. As of September 28,…
Whales Scoop $1.73B In ETH As Exchange Balances Hit Nine-Year Low
Reports have disclosed that 16 wallets picked up 431,018 Ether between September 25 and 27, spending about $1.73 billion to do so. The buys came through names like Kraken, Galaxy Digital, BitGo, FalconX and OKX. Related Reading That scale of accumulation pushed attention back to who is buying the dip, and why larger players seem willing to add exposure while prices wobble. Exchange Balances Fall To 9-Year Low According to Glassnode data, the amount of ETH held on exchanges has plunged from roughly 31 million to about 14.8 million ETH…
Bitcoin And Ethereum Defy Price Slump With Strong Exchange Outflows
The crypto market faced in recent months, as both Bitcoin and Ethereum broke below important support levels. Bitcoin broke below $110,000, while Ethereum also slipped under $4,000. This downturn triggered billions in liquidations and pushed the Fear and Greed Index into fear territory. However, data from on-chain analytics platform Sentora (formerly IntoTheBlock) reveals that accumulation is quietly underway. Despite the price declines, exchange outflows for both assets have remained strongly negative. Related Reading Key Weekly Metrics An extended decline carried over from the previous week saw the Bitcoin price falling…