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.
Binance Coin (BNB) is maintaining a strong upward trend, trading around $713 after surpassing key moving averages, but faces resistance near $730 with potential short-term correction. Uniswap (UNI) has doubled in value recently, reaching over $6, but...
Kalshi, a CFTC-regulated platform, introduced perpetual futures contracts for BNB on September 4, allowing eligible US investors to trade BNB as a regulated derivative. This addition is part of a broader expansion including altcoins like Cardano and ...
XRP's spot trading volume surged to $7.26 billion on Binance alone in August, marking its highest monthly volume since February. This increase reflects a strong rebound in trading activity and liquidity, driven by a significant price rally last month...
Kalshi has introduced perpetual futures contracts for cryptocurrencies including BNB, Cardano (ADA), Aave (AAVE), Worldcoin (WLD), and Venice Token (VVV), broadening its regulated crypto derivatives offerings in the U.S. These contracts, which have n...
Bitcoin surged above $81,000 following comments from Federal Reserve governor Christopher Waller suggesting rates may stay unchanged if inflation data improves. This eased fears of another rate hike, causing US Treasury yields and the dollar to weake...
