Bitcoin balances on major exchanges showed a daily net inflow of about 3,194 BTC, even as weekly data revealed a net outflow of 5,266 BTC, indicating coins moving to longer-term custody. Total exchange reserves stand at approximately 2.48 million BTC, with a modest monthly increase of 6,784 BTC. Binance experienced a daily inflow but a significant weekly outflow, reflecting episodic trading activity amid broader withdrawals. Trading volume on Binance's BTCUSDT pair surged sharply during Asia hours, nearly doubling day-over-day, while European volume dropped significantly, signaling a shift in regional price discovery and liquidity. This suggests short-term liquidity is rising mainly in Asia, potentially increasing intraday volatility, even as longer-term trends show coins leaving exchanges.
S&P Dow Jones Indices and Pantera Capital have introduced the S&P Pantera Digital Asset Index, an 18-token benchmark designed for institutional investors. Unlike traditional crypto indexes that rely heavily on market capitalization or Bitcoin dominan...
Binance's Bitcoin reserves have fallen to around 650,000 BTC, nearing a multi-month low, even as Bitcoin's price rose to $66,185. This decline indicates investors are moving coins off exchanges into long-term storage rather than keeping them for acti...
On July 20, nearly $686 million in Bitcoin was withdrawn from major exchanges Binance, Coinbase, and Bybit. Binance alone accounted for about $570 million of this outflow, marking its largest net Bitcoin withdrawal in three months. This significant m...
Movement Labs, developer of the Movement blockchain, has filed for Chapter 11 bankruptcy following a turbulent period marked by a controversial market-making deal that led to a sharp drop in its MOVE token price. The project faced investigations afte...
The Midnight Foundation reported an attack on the Wanchain bridge that connects Cardano and BNB Chain, prompting several exchanges to freeze assets linked to the incident as a precaution. The exact details of the exploit, the attacker's identity, and...
