Tag Archives: Binance

Ethereum Supply On Exchanges Shrinks: Multi-Year Lows Signal Bullish Setup

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As Ethereum (ETH) fell below $4,000 for the first time since August 8, amid a market-wide pullback, the exchange reserves of the cryptocurrency also recorded a sharp decline. Notably, leading crypto exchanges like Binance and Coinbase Advanced witnessed a sharp increase in ETH outflows. Ethereum Reserves On Binance, Coinbase Advanced Dwindle According to a CryptoQuant… Continue reading Ethereum Supply On Exchanges Shrinks: Multi-Year Lows Signal Bullish Setup→

Bitcoin Funding Dynamics Shift As Binance Premium Signals Aggressive Longs

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As Bitcoin (BTC) continues to remain range-bound between $110,000 – $115,000, data from crypto exchanges seems divided toward the leading cryptocurrency. While Binance traders are exhibiting a bullish stance, traders from other exchanges are still showing a degree of hesitation. Binance Traders Expecting Bitcoin Price Surge According to a CryptoQuant Quicktake post by contributor Crazzyblockk,… Continue reading Bitcoin Funding Dynamics Shift As Binance Premium Signals Aggressive Longs→

Ex-Binance CEO CZ Criticizes FT Report On YZi Labs, Calls It A ‘Negative Narrative’

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Former Binance CEO Changpeng Zhao, commonly known as CZ, has found himself at the epicenter of a new controversy following a recent report by the Financial Times regarding his Web3 and artificial intelligence (AI) venture, YZi Labs.  CZ Denies Financial Times Report  The report suggested that Zhao was planning to open a substantial $10 billion… Continue reading Ex-Binance CEO CZ Criticizes FT Report On YZi Labs, Calls It A ‘Negative Narrative’→

Solana Faces Deadly Selling Pressure After 312,233 SOL Deposit Into Coinbase – Here’s The Value

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Solana (SOL) investors are witnessing rising volatility as a surge in whale activity signals deadly selling pressure in the market. Despite a strong rally above $250 earlier in September, market sentiment appears to be shifting, with whale deposits into centralized exchanges hinting at potential headwinds ahead. Most recently, a staggering 312,233 SOL tokens were deposited… Continue reading Solana Faces Deadly Selling Pressure After 312,233 SOL Deposit Into Coinbase – Here’s The Value→

Bitcoin Exchange Supply Ratio Declines After Fed Cut, Setting Stage For $120,000 Test

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Earlier this week, the US Federal Reserve (Fed) cut interest rates by 25 basis points, providing the much-required impetus to the economy after a cycle of raising interest rates to keep inflation under check. A cut in interest rates is likely to benefit risk-on assets, including Bitcoin (BTC). Fed Cuts Interest Rate, Bitcoin Supply Ratio… Continue reading Bitcoin Exchange Supply Ratio Declines After Fed Cut, Setting Stage For $120,000 Test→

Backed By CZ, Aster Token Ignites With 1,650% First-Day Rally

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Aster’s native token, ASTER, surged 1,650% in its first 24 hours of trading and reached $0.528, according to platform reports. Trading volume for the token in that window was listed at $345 million, and the launch reportedly drew 330,000 new wallets. Rapid User Growth And Liquidity According to on-chain data and platform disclosures, Aster’s total… Continue reading Backed By CZ, Aster Token Ignites With 1,650% First-Day Rally→

BNB Chain (BNB) Smashes $1,000 Milestone for the First Time Ever

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BNB Chain (BNB) has reached a historic milestone after its native token, BNB, broke past the $1,000 mark for the first time. The achievement comes on the heels of the Federal Reserve’s decision to cut interest rates by 25bps, a move widely seen as supportive for risk assets. The broader crypto market quickly responded, entering… Continue reading BNB Chain (BNB) Smashes $1,000 Milestone for the First Time Ever→

Bitcoin Touches $117,000 As Binance Records 9 Days Of Outflows

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Bitcoin has observed a recovery surge toward $117,000 as on-chain data shows Binance users have been making consistent withdrawals recently. Binance Bitcoin Netflow Has Been Negative Recently As pointed out by CryptoQuant community analyst Maartunn in a Quicktake Binance recently. The on-chain indicator of relevance here is the “Exchange Netflow,” which keeps track of the… Continue reading Bitcoin Touches $117,000 As Binance Records 9 Days Of Outflows→

BNB Reaches New All-Time High Of $956 As Binance Nears Deal With US DOJ

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Binance Coin (BNB), the native token of the world’s largest crypto exchange by trading volume, Binance, surged to a new all-time high on Tuesday, driven by speculation surrounding a potential agreement between Binance and the US Department of Justice (DOJ).  This development comes in the wake of ongoing discussions regarding compliance monitoring requirements tied to… Continue reading BNB Reaches New All-Time High Of $956 As Binance Nears Deal With US DOJ→

XRP Exchange Reserves Balloon 1.2 Billion In One Day, Why This Is Bearish For Price

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XRP Exchange reserves have surged by 1.2 billion in just a day, presenting a bearish outlook for the XRP price. This development comes as the token looks to hold above the psychological $3 level.  XRP Exchange Reserves Increase By 1.2 Billion In Just A Day A CryptoQuant analysis by CryptoOnchain revealed that XRP Exchange reserves… Continue reading XRP Exchange Reserves Balloon 1.2 Billion In One Day, Why This Is Bearish For Price→