Binance's bitcoin reserves have risen to over 693,000 BTC, the highest in two years and about 30% of all major exchange reserves. This increase of roughly 77,000 BTC since April raises potential sell-side pressure as Bitcoin faces a strong resistance zone between $83,000 and $85,000, where long-term holders may sell. Bitcoin must hold above $75,000 or break through $85,000 to show demand can absorb this added liquidity. The situation is critical as rising exchange reserves could signal more coins becoming available for sale, but actual selling depends on market absorption of this supply.
India's top crypto exchange CoinDCX has denied claims linking it to recent transfers of about $16 million in USDT and 5,783 TRX, stating these transactions involved old wallet addresses compromised in July 2025 and not used since. The exchange reassu...
Following a critical security warning about PHP vulnerabilities from NSA Cyber, BNB Chain and Binance founder Changpeng Zhao (CZ) responded to reassure users. Both confirmed that their platforms do not use PHP in their tech stacks, meaning they are n...
Bitcoin surged above $84,000 on October 21, coinciding with $188.14 million in short liquidations across the crypto market within 24 hours. Total liquidations reached $243.04 million, with short positions making up 77.4% of the total. Bitcoin alone a...
Ether (ETH) price rose above $2,500 on October 21, marking its first move above this level since October 14. The rise coincided with significant liquidations in the crypto market, where $272 million worth of positions were forcibly closed, with short...
On October 21, a large transfer of 500 million Tether (USDT), valued at about $499.8 million, moved from the Binance exchange to Tether Treasury, the issuer of USDT. This shift of a significant stablecoin amount from an exchange to its issuer is clos...
