Binance's USDC reserves have fallen 21.6% in 30 days to about $4.6 billion, down from a May 2026 peak of $10.2 billion, with over $1 billion in stablecoin liquidity exiting the platform. This decline also coincides with a $1.27 billion drop in Binance's USDT reserves. The outflows likely reflect user withdrawals, possibly due to shifts toward Bitcoin, other venues, or self-custody wallets, and are influenced by the new MiCA stablecoin regulations in Europe. While Binance remains dominant with $42.3 billion in USDT, the shrinking USDC share raises questions about its favorability compared to Tether. Investors should watch whether outflows slow or continue and how USDT reserves behave in coming months.
Bitcoin rose 1% to just above $86,000 following a weaker-than-expected US jobs report, which showed only 29,000 jobs added in September versus the anticipated 84,000. The report also revealed a rise in unemployment to 4.2% and slower wage growth, sug...
Bitcoin is approaching a crucial resistance level at $87,200, which has repeatedly blocked its advance in recent weeks. This level aligns with previous local highs and is seen as a make-or-break point for a potential breakout or further consolidation...
The cryptocurrency market rebounded from a $50 billion drop driven by macroeconomic factors, finishing the week nearly flat with a market cap close to $3 trillion. Bitcoin gained about 1%, closing at $85,500, while Ether rose slightly by 0.4% to $2,7...
Binance's emergency insurance fund, SAFU, now holds over $1.27 billion in Bitcoin, including about $270 million in unrealized profit. In February 2026, Binance converted roughly $1 billion in stablecoins into 15,000 BTC at around $67,000 each. The fu...
BNB is trading just below $800, a key resistance level, with traders closely watching ahead of the 37th quarterly token burn expected around mid-October. The recent Pasteur hard fork upgrade has reached 98% adoption, boosting network capacity and pot...
