Tag: Exchange

Bitcoin Exchange Inflows Shrink Amid $125,000 Rally

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As Bitcoin (BTC) hit a new all-time high (ATH) of $125,708 on Binance yesterday, BTC exchange inflows are starting to show signs of slowing down. As a result, crypto analysts are confident that the top cryptocurrency by market cap may be on the cusp of a healthy rally. Bitcoin Exchange Inflows Slump Amid New ATH According to a CryptoQuant Quicktake post by contributor ChainSpan, fresh on-chain data shows that the average amount of BTC inflows into exchanges such as Binance has decreased significantly. Related Reading To recall, BTC sent to…

Bitcoin exchange supply drops to 6-year low after ATH

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The Bitcoin supply on crypto exchanges has plummeted to around 2.8 million BTC, levels previously only seen in July 2019. This drop in supply follows the token’s recent ATH at $125,506. Summary Bitcoin exchange balances hit a six-year low at just 2.8 million BTC, reflecting growing self-custody trends and rising institutional accumulation. BTC price momentum remains strong after reaching a new all-time high of $125,506, with technical signs suggesting consolidation above $122,000. The amount of Bitcoin stored on trading platforms like Binance, Bitget, Coinbase and others has dropped significantly after…

Beeks Financial Cloud Posts 26% Revenue Growth as Exchange Contracts Drive Expansion

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More Volume, More Revenue, Better Traders: Crypto Derivatives with Shift Markets More Volume, More Revenue, Better Traders: Crypto Derivatives with Shift Markets More Volume, More Revenue, Better Traders: Crypto Derivatives with Shift Markets More Volume, More Revenue, Better Traders: Crypto Derivatives with Shift Markets More Volume, More Revenue, Better Traders: Crypto Derivatives with Shift Markets More Volume, More Revenue, Better Traders: Crypto Derivatives with Shift Markets Derivatives trading has rapidly overtaken spot trading as the driving force in crypto markets. In this exclusive webinar with Shift Markets, we explore the…

Analyst: Cash-to-Crypto Exchange Market Reaches Billions in Russia

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The gray cash‑to‑crypto exchange market in Russia moves billions, with Moscow serving as the main hub. Alexey Korolenko, executive director of Cifra Markets, says that while the government has cracked down on some activity, it is difficult to close all trading offices. Russia Moves Billions in Cash-to-Crypto Operations, Analyst Estimates While Russian authorities have recently […] Source

Bitcoin Exchange Balance Drops To Six-Year Low Amid Shortage

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The amount of Bitcoin held on centralized exchanges has plunged to a six-year low as the asset climbed to a new all-time high. The total Bitcoin balance on centralized exchanges fell to a six-year low of 2.83 million BTC on Saturday, according to Glassnode. The last time that there were fewer coins stored on exchanges was early June 2019, when the asset was trading around $8,000 in the depths of a bear market. Blockchain analytics platform CryptoQuant has a slightly lower total exchange reserve figure of 2.45 million BTC, which…

Top Global Crypto Exchange Binance Airdrops and Lists Native Asset of DeFi Lending Network

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The largest crypto exchange platform in the world by trading volume has rolled out support for the native asset of an enterprise-focused, on-chain lending network. Binance listed the decentralized finance (DeFi) project Morpho (MORPHO) via its HODLer Airdrops program, which rewards BNB holders with select tokens based on historical snapshots of their balances. Morpho bills itself as “the most trusted on-chain lending network,” noting it has more than $10 billion in deposits. “Businesses can connect to Morpho’s open infrastructure to power any lending or borrowing use case at scale, including…

Coinbase Exchange in Pursuit of US OCC Federal Charter

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…

Bitcoin STH Exchange Inflows Hit $5.7B: Profit-Taking Already Underway?

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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

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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

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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…