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.
Bitcoin fell 0.85% to $80,967, while the overall cryptocurrency market capitalization declined 4.85% to $2.70 trillion. Ether, XRP, BNB, Solana, and Dogecoin also saw notable losses, with Dogecoin dropping the most among major coins at 4.30%. Bitcoin...
Bitcoin increased by 0.57% to $81,983 while the overall cryptocurrency market capitalization declined by 3.47% to $2.74 trillion. Major cryptocurrencies showed mixed performance: Ether fell 0.40%, Dogecoin dropped 0.31%, XRP slightly gained 0.05%, BN...
The Solana Foundation's community event in Shanghai, planned for October 16, was postponed due to unexpectedly high registration numbers, about four times the expected amount. Binance co-founder Changpeng Zhao expressed strong support for blockchain ...
Binance co-founder Changpeng Zhao expressed support for various cryptocurrencies including XRP, Solana, and Zcash, despite regulatory challenges in China. Solana's recent attempt to expand in Shanghai faced a setback when its community event was post...
XRP accounted for the largest share of domestic crypto trading at 15.99%, with STX showing the highest domestic trading intensity relative to its global presence, at 46.24 times higher. Other tokens like ONDO and WLD also had significantly higher dom...
