Bitcoin reserves on major exchanges fell by over 2,100 BTC in 24 hours, continuing a month-long decline of nearly 42,000 BTC. Trading volume surged in Asia and Europe, with Europe leading at over $1 billion, while U.S. volume dropped 61%. This shift indicates changing liquidity and market dominance by Asian and European traders, potentially increasing volatility as trading concentrates in fewer hours. The outflows may reflect reduced sell-side supply or internal transfers, highlighting dynamic regional market activity.
Following the $6.3 billion hack of Binance, NEAR Intents' Alex Shevchenko outlined three essential rules for crypto wallets to prevent laundering of stolen assets. These include real-time detection and isolation of flagged hacker funds, strict contro...
Bitcoin is under pressure as it tests key support levels around $78,000, influenced by political uncertainty ahead of the US midterm elections, the recent Binance hack, and expectations of further Federal Reserve rate hikes. Hilbert Group's CIO Russe...
The HYPE token surged about 13% while major cryptocurrencies like Bitcoin and Ether fell, driven by Binance's temporary halt on deposits and withdrawals due to a security incident. This disruption pushed significant trading volume to the decentralize...
Bitcoin has demonstrated notable resilience following a $6.3 billion hack on Binance and a broader selloff in technology stocks. Xapo Bank's CEO Seamus Rocca noted that Bitcoin, traditionally correlated with Nasdaq, is now holding support despite the...
Bitcoin options traders are paying a premium for put options expiring the day after the US midterm elections, reflecting increased demand for downside protection amid recent Binance security issues and bearish sentiment. The implied volatility gap be...
