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Coinbase Bitcoin Premium Index hits a 90-day record negative streak, signaling weaker buying pressure.

Market News
16 Aug 2026
UToday
View Source
Bearish
pluang ai news

The Coinbase Bitcoin Premium Index has recorded a 90-day streak of negative readings, the longest since its inception, indicating Bitcoin trades at a discount on Coinbase compared to Binance. This extended negative trend, ongoing since May 19, suggests weaker buying pressure on Coinbase but is not definitive proof of institutional Bitcoin outflows, as other market factors also influence the index. Bitcoin's price remains around $63,000 amid this trend, reflecting ongoing market dynamics rather than a clear directional signal.

More News (BNB)

Binance extends RLUSD rewards with 1M XRP over 4 weeks for eligible traders

Binance extends RLUSD rewards with 1M XRP over 4 weeks for eligible traders

Binance has launched a new four-week campaign offering a total of one million XRP tokens as rewards to holders of Ripple USD (RLUSD) on its platform. To qualify, users must hold at least 0.01 RLUSD and maintain an average daily derivatives trading vo...

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Binance extends RLUSD airdrop with 1 million XRP rewards for four more weeks

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Binance has extended its RLUSD airdrop campaign by four weeks, increasing the reward pool to 1 million XRP tokens. Eligible users must hold RLUSD in various Binance accounts and maintain a minimum balance and trading volume to qualify. The XRP reward...

Protocol Fundamentals
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Bitcoin demand weakens as Coinbase premium index stays negative for 90 days, price nears $63K with key resistance at $63,400.

Bitcoin demand weakens as Coinbase premium index stays negative for 90 days, price nears $63K with key resistance at $63,400.

The Coinbase Bitcoin Premium Index has remained negative for 90 consecutive days, signaling weaker U.S. buying demand or stronger selling pressure on Coinbase compared to Binance. Despite this, Bitcoin's price holds near $63,000, with market sentimen...

Market News
Neutral
9 hours ago
Bitcoin supply nears limit; wealthy may struggle to own full coin as 10-20% are lost, says ex-Binance CEO CZ.

Bitcoin supply nears limit; wealthy may struggle to own full coin as 10-20% are lost, says ex-Binance CEO CZ.

Former Binance CEO Changpeng Zhao (CZ) highlighted that Bitcoin's circulating supply has reached over 20.07 million out of the 21 million maximum, leaving less than 5% available. He estimates that 10-20% of all mined Bitcoin are permanently lost due ...

Market News
Neutral
10 hours ago
Monero hits record $797 despite major exchange delistings amid rising EU privacy rules.

Monero hits record $797 despite major exchange delistings amid rising EU privacy rules.

Monero (XMR) reached an all-time high of $797.73 on January 14, 2026, despite significant delistings from major exchanges like Binance and Kraken throughout 2024 due to regulatory pressures targeting privacy coins. EU regulations effective July 2027 ...

Market News
Bullish
15 hours ago
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