Veteran trader Peter Brandt criticized Binance after a sudden Bitcoin price drop to $72,500 on August 22 caused a flash crash exclusive to Binance, while other exchanges like Coinbase showed stable prices around $79,000. This anomaly wiped out retail traders' stop-loss orders and margin collateral due to insufficient liquidity and Binance's reliance on local last price for protective orders. Brandt highlighted Binance's history of similar incidents and warned that using a market-wide weighted price would better protect traders from such isolated price wicks.
At Bitcoin Asia 2026 in Hong Kong, former Binance CEO Changpeng Zhao predicted Bitcoin will overtake gold's significance during the next bull market cycle. While gold's market cap is about $32.4 trillion, Bitcoin currently holds $1.6 trillion, with Z...
Binance Coin (BNB) surged to around $713 following the activation of the Pasteur hard fork on August 25, which introduced key upgrades to the BNB Chain. These upgrades improved cross-chain security, governance, and network capacity, increasing transa...
Large XRP holders, or whales, have withdrawn over 231 million XRP tokens worth $335 million from Binance, marking the highest outflow in six months. This significant movement suggests whales are moving XRP to private wallets, potentially reducing the...
Cryptocurrency markets display a range of price movements with Bitcoin trading above $80,000, up 3.03%. Ethereum and Binance Coin also show gains, while altcoins like Solana surged nearly 12% and VeChain (VET) jumped over 29%. These fluctuations indi...
Bitcoin surged about 28% in August 2026, recovering from a 21-month low but still 37% below its October 2025 peak. The rally was driven by US Treasury bond buybacks, renewed regulatory clarity, and short position liquidations. While the overall crypt...
