A Fireblocks custody wallet moved $30 million worth of USD1 stablecoins on the Solana network to Binance over 15 hours, following previous transfers totaling about $66 million in the prior week. USD1 is a dollar-pegged stablecoin issued by World Liberty Financial, linked to U.S. President Donald Trump’s crypto business. The transfers' purpose remains unclear, as neither Fireblocks, Binance, nor World Liberty have explained whether these deposits support trading, liquidity, or other activities. The large stablecoin movements highlight significant institutional activity but do not necessarily indicate selling pressure on Binance.
BNB's price recently surged past the $800 mark but then pulled back slightly to trade around $788. This movement reflects a broader rally in the cryptocurrency market. The brief breakout above $800 indicates strong buying interest, though the slight ...
Bitcoin surged past $85,000, triggering over $1 billion in short position liquidations, while the Nasdaq Composite reached new all-time highs driven by strong AI momentum. Meta's stock jumped over 20% after launching its Muse AI assistant, adding sig...
A recent analysis of XRP ownership reveals that Ripple Labs-linked accounts control nearly 40% of the total supply, with major exchanges like Upbit (6.41%), Coinbase (5.81%), and Binance (2.75%) holding significant portions. This concentration unders...
XRP has surged past the $1.50 mark, driven by a 663% increase in XRP inflows on Binance, the world's largest crypto exchange. Despite this spike in deposits, the total XRP reserves on Binance remain stable, indicating strong buying activity absorbing...
On September 11, large XRP holders moved over $165 million worth of tokens off major exchanges like Binance, Bybit, and OKX, marking the largest daily withdrawal since February. Binance led withdrawals with 85.4 million XRP (~$115 million), but also ...
