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.
Binance has invested $100 million in Circle, the issuer of the USDC stablecoin, and signed a new five-year commercial agreement to expand USDC's use, especially in emerging markets. Binance will promote and integrate USDC on its platform, while Circl...
A cryptocurrency wallet transferred a total of $130 million to Binance through three separate transactions within four days. The latest transfer was a $30 million deposit made on September 28 at 5:53 a.m. ET. These large transfers highlight significa...
Binance Wallet has introduced the ability to pay blockchain gas fees using USDT on BNB Smart Chain, Ethereum, Solana, and TRON networks. This removes the previous requirement for users to hold each network's native gas token before making transaction...
Binance Futures announced it will list several USDT-denominated perpetual contracts referencing traditional finance instruments like equities and commodities. These contracts allow traders to gain exposure to non-crypto assets without owning them, us...
Quant (QNT) led gains among top altcoins with a brief 75% rise after being chosen for The Clearing House's On-Chain Money Initiative, pushing its price above $190 before settling near $160. Bitcoin (BTC) held steady above $83,000, moving toward $85,0...
