Genius Trading is building a privacy-focused DeFi trading platform and aims to become an onchain alternative to Binance.
Binance Coin climbed again over the weekend, pushing past the $900 mark and touching about $907 on Sunday after a sharp 24-hour uptick. Markets were calmer overall, with the broader crypto complex up 0.55% for the day while Bitcoin hovered above $92,000 and Ethereum traded beyond $3,100. Related Reading: Bitcoin’s Next Peak Might Ignite ADA’s Rally, Says Cardano Creator Market Reaction To Regulatory Shift According to social posts from Changpeng Zhao, founder and former CEO of Binance who is also known as ‘CZ’, optimism around a possible new crypto cycle helped fuel demand. CZ linked the mood to a regulatory change, saying the Securities and Exchange Commission had removed crypto from its list of priority risks for 2026. Based on reports, that move is being read by some investors as a sign of easing scrutiny, and it appears to have lifted sentiment across tokens. I could be wrong, but Super Cycle incoming. https://t.co/6TLldEMmGA — CZ ???? BNB (@cz_binance) January 10, 2026 Institutional Buying Adds Fuel Reports note sizable institutional flows into Bitcoin products. According to a filing, Wells Fargo bought 383 million of Bitcoin ETF shares, a figure that market watchers flagged as a large institutional stake. Morgan Stanley also filed for its own spot Bitcoin ETF last week, which many see as more proof that big financial players are stepping in. Those actions are being cited by traders as one reason risk assets like Binance Coin could see more interest. Macroeconomic Calendar Could Swing Prices A packed US data week is ahead and traders say it could affect crypto angles. On Monday, the market will watch a speech by the FOMC president. On Tuesday and Wednesday, the US Consumer Price Index and the Producer Price Index are due. Jobless claims come on Thursday, and a Fed balance sheet update lands on Friday. Any big surprise in those numbers can push liquidity flows and quickly change appetite for tokens. Binance Coin: Technical Levels To Watch BNB briefly reclaimed the $900 zone and was reported at $909 in some feeds as the four-hour chart showed a steady climb. Short-term resistance sits near $950, with a psychological barrier at $1,000. Related Reading: XRP Ledger May Get A Tokenized Gold Upgrade, Web3 Founder Reveals Technical indicators offered cautious support for bulls: the MACD showed a bullish crossover with the blue line above the signal line, and the histogram printed positive bars, which suggests buying pressure building. The RSI sat around 56.10, under overbought levels, implying room for more gains. Traders still point to a key support range near $850. A break below that could invite heavier selling and take prices down toward $820. The scenario of a quick pullback is real; prices that move fast up can move fast down. Market participants will be watching both the macro calendar and any fresh regulatory updates for clues. Featured image from Unsplash, chart from TradingView
Binance has rolled out its first regulated TradFi perpetual futures, starting with USDT-settled gold and silver contracts.
Several catalysts have emerged that point to a sustained upward momentum for the Dogecoin price. This comes amid DOGE’s 26% gain to begin the year, with the meme coin now looking to break above the $0.15 resistance. Factors That Could Contribute To A Sustained Dogecoin Price Rally One factor pointing to a sustained Dogecoin price rally is the recent inflows into DOGE ETFs. SoSoValue data show that Bitwise and Grayscale’s funds have recorded net inflows on two of the three trading days this year. Notably, the Dogecoin ETFs recorded inflows of $2.30 million and $1.60 million on January 2 and 5, respectively. This marked the first consecutive daily net inflows since December 3 last year. Related Reading: Analyst Says the Worst Is Over For Dogecoin, Predicts Rally To $0.8 The daily net inflows into the DOGE ETFs indicate a renewed interest among institutional investors in the meme coin, which is a positive for the Dogecoin price. DOGE could see a sustained rally if the inflows into these funds continue. Notably, Bloomberg analyst Eric Balchunas noted that a 2x Dogecoin ETF has had the best start to the year among all ETFs, up almost 40%. Furthermore, activity in the derivatives market also supports a sustained rally for the Dogecoin price. CoinGlass data shows that traders on top exchanges such as Binance and OKX are currently long. The long/short ratio on Binance is 2.06, well above 1. The long/short ratio for top traders on Binance is at 2.5, which is also a huge positive. Further data from CoinGlass also shows that the derivatives trading volume has surged over 2% to $5.60 billion. However, open interest has dropped by almost 7% to $1.78 billion, likely due to the market volatility as long positions were wiped out. DOGE Eyes Break Above $0.15 Crypto analyst ZiP stated in an X post that on the daily chart, the Dogecoin price is currently reacting to a local resistance at around $0.15. He further remarked that if the $0.15 resistance breaks, the next zone that the DOGE price may aim for is around $0.24. The analyst noted that this is where the first significant Fibonacci level, measured from the entire bearish move, is located. Meanwhile, ZiP mentioned that an additional reference point is the daily pivot at $0.1288, which he noted in the short term defines the market’s equilibrium level. Crypto analyst Trader Tarigrade revealed that the Dogecoin price has broken out of a falling wedge, showing strong upward momentum. Based on this, he predicted that DOGE is ready for a major surge, although he warned that the meme coin might retrace briefly. Related Reading: Dogecoin Price Could Rally To All-Time Highs If It Breaks This Resistance Level At the time of writing, the Dogecoin price is trading at around $0.148, down over 2% in the last 24 hours, according to data from CoinMarketCap. Featured image from Getty Images, chart from Tradingview.com
Binance Futures will launch silver perpetual contracts on Wednesday, offering up to 50x leverage on silver priced in U.S. dollars per troy ounce.
Bitcoin has stormed into 2026 by rising to its highest level in over a month after climbing above $94,000 on Jan. 5, signaling a potential end to the stagnation that plagued the crypto market in late 2025. This rally marks a decisive shift in sentiment, given that the flagship digital asset closed the previous year […]
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Large crypto holders moved about $2.4 billion in Bitcoin and Ether to Binance in the past week, a flow split almost evenly between the two tokens. According to CryptoOnchain, the size of individual deposits has jumped — average transfers onto the exchange rose from around eight to 10 Bitcoin to highs near 22 to 26 Bitcoin. Related Reading: $18 Million Ethereum Loss Sends Whale Running To Gold At the same time, withdrawals have shrunk, with the Exchange Outflow Mean reported between 5.5 and 8.3 Bitcoin. That change in behavior signals a shift away from taking coins into long-term storage and toward holding tradable balances on-platform. Rising Deposit Sizes And Flat Stablecoin Flows Based on reports, the move onto Binance did not arrive with fresh buying power. Stablecoin net flows were essentially flat, showing an inflow of $42 million for the week, a figure that analysts say mostly reflected token transfers between Ethereum and Tron rather than new capital entering crypto. CryptoOnchain said that such large transfers to exchanges can mean preparation for selling or the use of assets as collateral in derivatives markets. In plain terms: more supply is ready to hit the market, while obvious signs of new demand are missing. Market Action Tested By Geopolitics Bitcoin traded around $92,620 after earlier hitting a 24-hour peak of $93,180, and it was reported to have climbed to a three-week high of $93,340 in early Asian trading. The price moves came as political tension rose following the US military’s action on Venezuela that resulted in the capture of its president, Nicolas Maduro. Meanwhile, gold climbed above $4,400 an ounce, and silver jumped as much as 4.8%. According to FalconX, the recent Bitcoin uptick was driven in part by crypto-focused firms and by limited selling from miners and big holders. Selling Pressure Versus Thin Demand Analysts are watching the mismatch. Large deposits and a fall in the average size of withdrawals suggest that major holders are less willing to lock up Bitcoin in cold storage. Reports say accumulation has stalled since October. That combination creates a scenario where price rallies are more likely to be met by selling from holders who have quietly moved assets onto exchanges. Related Reading: A Maduro Bet, A Market Alarm: US Lawmaker Targets Trading Abuses Outlook: Cautious, Not Catastrophic Based on these signals, the risk of downward pressure has risen but a major crash is not guaranteed. Price strength right now appears tied to headlines and cross-market moves as much as to fresh crypto demand. Traders and investors will be watching whether stablecoin inflows pick up or whether whales actually press sell. US President Donald Trump’s previously cited pro-crypto stance was not enough to reverse the accumulation lull by year-end, and until buyers return in force, gains may be limited and short lived. Featured image from Gemini, chart from TradingView
Recent on-chain data revealed a major shift in Ethereum net flow to the Binance exchange during December 2024. This eye-catching event could imply several market developments, especially following the asset’s bearish struggles in Q4 2025. Meanwhile, Ethereum has notably opened 2026 on a positive note, climbing to above $3,100 for the first time since mid-December. Related Reading: Ethereum Finds Its Footing Again, But Here’s Why Bulls Still Have Work To Do Ethereum Sees $960M Inflows As Investor Sentiment Shifts In a QuickTake post on December 3, the analysis page CryptoOnChain reports an important change in Ethereum investors’ activity. Notably, the Ethereum net inflow in December reached $960 million on Binance, the world’s largest exchange by trading volume. The development is particularly important and compelling because it represents an impressive shift from the negative inflow record that had existed since July 2025. For the majority of H2 2025, investors had chosen to continually withdraw more ETH than deposit, likely in favour of long-term accumulation, i.e., bullish, or to divert potential selling pressure elsewhere. However, the figures recorded in December suggest an abrupt change in investors’ behavior, which bears multiple possible implications for the market. Generally, increased exchange inflows are considered a bearish signal interpreted as market participants’ preparation for a potential asset offload. Considering ETH price struggles in Q4 2025, this recent spike in net inflows could be indicative of a potential repositioning for an anticipated long-term bear market. However, CryptoOnChain highlights some possible positive effects of this event. The huge inflows recorded in December could also reflect a revival in buyer interest, suggesting renewed demand for Ethereum as investors prepare to accumulate at lower price levels. In addition, the heavy net inflows could also represent a new capital injection in the Ethereum market that has been moved to exchanges for active trading. In line with this thought, CryptoOnChain also states that traders may be moving capital to exchanges to capitalize on trading opportunities driven by an expected high volatility. In conclusion, the analysts emphasize that the sudden reversal leading to the massive inflows in December is a vital market signal potentially indicating a new phase of accumulation or heightened trading activity. Related Reading: Weekend Trap? Bitcoin Enters Choppy Range As Critical Trend Line Holds Below Ethereum Market Overview At the time of writing, Ethereum trades at $3,121 following a slight decline of 0.11% in the past 24 hours. Meanwhile, daily trading volume is down by 52.68% and valued at $11.79 billion. Despite recent gains, the prominent altcoin remains 37.15% below its all-time high, recorded in August 2021, following the extended market correction of Q4 2022. Featured image from Flickr, chart from Tradingview
Amid the cheers of the new year, Ethereum achieved a decisive breakout above the long-standing price resistance around $3,000. According to market analyst Amr Taha, this price gain has been accompanied by significant changes in the derivatives market, which suggest an aggressive shift in investors’ positioning. Related Reading: 2026 Crypto Market Prediction: Will Prices Soar Or Face Continued Declines? Ethereum Traders Flood Market With Long Positions To Usher In 2026 In a QuickTake post on CryptoQuant, Amr Taha shares an in-depth analysis of the Binance derivatives market following ETH’s recent surge in the first days of 2026. Notably, the market expert reports an impulsive rise in ETH open interest on the world’s largest exchange, in what they described as “one of the strongest single-day increases seen recently. As the spot price climbed above $3,100, data from CryptoQuant shows that ETH open interest rose from approximately $6.2 billion to around $7.1 billion, representing a 12% increase in the last day. Taha highlights the importance of the coincidence, stating a rise in open interest amid price appreciation suggested that traders were opening fresh positions, rather than the move being driven solely by short covering. Interestingly, more data showed the ETH Cumulative Volume Delta – which measures the net difference between buying and selling volume over time – also rose alongside open interest, implying several positive developments. One of which is that long positions comprised the majority of the newly opened positions in the market, citing a heavy bullish sentiment around Ethereum. In addition, ETH buyers demonstrated heightened urgency by favoring market orders over passive limit bids, indicating aggressive taker-side demand, implying a strong market conviction that preferred to engage the market immediately rather than wait for lower prices. Related Reading: Popular Crypto Founder Dumps Millions In Ethereum, Here’s What He’s Buying A Potential Bull Trap? In analyzing the liquidation heatmap for the ETH derivative market, Amr Taha unveiled other critical price developments. Notably, ETH’s recent surge was partly driven by a short-squeeze effect around the $3,100 price level. Notably, when the altcoin touched this level, over-leveraged short traders had to defend their positions, effectively creating a market demand that translated into a sudden price gain. While the recent price increase and open interest boost represent positive moments for the market, Taha warns that forced liquidation often results in temporary resistance zones on the lower timeframe, especially when accompanied by rising funding rates. The analyst also explains that Ethereum’s price move appears leverage-driven and highly sentimental rather than structural, suggesting equal room for both opportunity and risk. At press time, the prominent altcoin trades at $3,087, representing a 2.51% gain in the last day. Featured image from Pexels, chart from Tradingview
A crypto trader, Vida, realized more than $1.5 million in gains after spotting an anomalous wall of buy orders on Binance for the little-known token BROCCOLI714 on New Year's Day. Vida, who shared detailed logs of the trade on social media platform X, said they initially treated the move as a likely hacked account or market-making […]
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BlackRock has transferred a significant amount of BTC to the crypto exchange Coinbase, sparking concerns about a sell-off. This comes as the Bitcoin price continues to struggle to break above $90,000 successfully. Bitcoin Price At Risk as BlackRock Transfers BTC Arkham data shows that Blackrock deposited 2,201 BTC ($192.13 million) into Coinbase, putting the Bitcoin price at risk of further decline amid increasing selling pressure. The move followed the outflow recorded by BlackRock’s BTC ETF on December 26, with Bitcoin funds as a group seeing a net outflow of $275.88 million. Related Reading: Bitcoin News: Here’s How Much Was Liquidated In The Crypto Market In 2025 These Bitcoin ETFs are currently on a seven-day outflow streak, which also prompted BlackRock to deposit 6,174.39 BTC last week, likely to offload these coins and redeem shares of its BTC fund. The Bitcoin price has struggled to break above $90,000 amid these outflows from the BTC funds. Notably, the Bitcoin price had broken above $90,000 on December 28 but quickly lost those gains yesterday as BlackRock moved the coins to Coinbase. Crypto pundit Martini claimed that BlackRock wasn’t the only one putting significant selling pressure on the flagship crypto. He alleged that Binance, Wintermute, Coinbase, and Fidelity also sold a significant amount of BTC, collectively dumping $3.5 billion yesterday. Crypto pundit Bull Theory claimed that there was a weekend manipulation as the Bitcoin price pumped $3,000 and broke $90,000, liquidating $103 million worth of shorts this Sunday. He then noted that on Monday morning, BTC dumped $2,700 and liquidated $40 million worth of longs, erasing its entire pump in the process. With the current price action, BTC is heading for a red yearly close, as it is currently down over 6% year-to-date (YTD). BTC Could Bottom Out Soon Against Other Major Assets In an X post, crypto analyst Kevin Capital stated that most of the data continues to become more favorable for the Bitcoin price, putting in a bottom against the equity markets and gold in the coming weeks. He added that the data also points to the flagship crypto outperforming these assets. The analyst stated that this was based on just factual data and not emotions. Related Reading: Bitcoin Has Entered A Bear Market, And This Data Backs It Up The Bitcoin price had notably outperformed these major assets at the start of the year but has since fallen behind, following the October 10 crypto crash. Gold is up 66% year-to-date while the S&P 500 is up 17% since the start of the year. Crypto analyst Ted Pillows also predicted that BTC could soon rally, noting that the long-term holders have stopped selling for the first time since July 2025. At the time of writing, the Bitcoin price is trading at around $87,300, down over 3% in the last 24 hours, according to data from CoinMarketCap. Featured image from Pixabay, chart from Tradingview.com
The Zcash (ZEC) price has rallied above the psychological $500 level, providing a bullish outlook for the privacy-focused token. This comes amid a notable surge in whale accumulation and derivatives activity among crypto traders. Why Zcash (ZEC) Price Rallied Above $500 Despite Crypto Market Decline CoinMarketCap data show that the Zcash (ZEC) price has rallied above $500 again, up over 20% in the last week. This comes despite the crypto market downtrend, with Bitcoin trading in a tight range just below the psychological $90,000 level. The ZEC surge above $500 comes amid a significant increase in whale accumulation, which has contributed to this price surge. Related Reading: Zcash Explodes 700% Since September – What’s Driving The Rally Amid The Bear Market? Nansen data show a 47% increase in ZEC whale holdings, with the top 100 addresses now holding 66% of the token’s total supply. This has likely created a supply shock, sparking a rise in the Zcash (ZEC) price. Notably, there has been a 55.36% drop in the supply held by exchanges, further highlighting the accumulation trend, with investors likely moving their coins off-exchanges for long-term holding. On-chain analytics platform Lookonchain also highlighted the accumulation trend among these whales. In an X post, Lookchain revealed two newly created wallets that withdrew 26,241 ZEC ($13.5 million) from Binance. In another post, the on-chain analytics platform revealed that another whale withdrew 7,714 ZEC ($4.12 million) from Kraken. Lookonchain had also drawn attention to a whale that withdrew 30,000 ZEC ($13.25 million) from Binance last week. Activity in the derivatives market has also contributed to the Zcash (ZEC) price rally above $500. CoinGlass data show an increase in the altcoin’s open interest, indicating that traders are increasing their positions. Most of these traders are currently long with the long/short ratio above 1. This recovery marks a positive for the privacy token, which had dropped to as low as $310 earlier this month. ZEC is notably the best-performing crypto among the top tokens with a year-to-date (YTD) gain of around 800%. ‘Next Stop Is $1,000’ BitMEX co-founder Arthur Hayes declared in an X post that the next stop for the Zcash (ZEC) price is $1,000 following its recovery above $500. This represents a potential 100% gain from its current price level. The BitMEX co-founder has been bullish on the privacy token for some time now, predicting it could eventually reach $10,000. Related Reading: The Bitcoin Bull And Bear Cases That Crypto Traders Should Know About Meanwhile, Zcash’s co-founder Eli Ben-Sasson suggested that the Zcash (ZEC) price will continue to rally because of its good product, scarcity, and regulatory atmosphere. He noted that privacy is now widely recognized as necessary in crypto. As such, the privacy narrative is expected to keep fueling this price surge. At the time of writing, the Zcash (ZEC) price is trading at around $536, up over 3% in the last 24 hours, according to data from CoinMarketCap. Featured image from Freepik, chart from Tradingview.com
Forced liquidations in the crypto derivatives market reached about $150 billion in 2025, according to CoinGlass data. On its face, the figure looks like a year of persistent crisis. For many retail traders, watching price feeds turn red became shorthand for chaos. In practice, it captured something more mundane and structural: the notional value of […]
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Changpeng Zhao, a co-founder of Binance, which owns the utility, said the losses will be reimbursed.
There's always something going on in the crypto space, and this year was no exception. We take a look back at 2025's highlights.
Dogecoin has seen a significant surge in its futures trading volume, indicating renewed interest among investors. However, the DOGE price is still lagging, hovering just above the psychological $0.10 level, amid the broader crypto market downtrend. Dogecoin Sees 53,000% Surge In Futures Trading Volume CoinGlass data shows that Dogecoin’s futures trading volume surged as much as 53,000% on BitMEX, reaching just over $260 million in the process. The top meme coin has also seen its futures trading volume on other major exchanges such as Kraken, Binance, and Bybit surge over the last 24 hours, providing a bullish outlook for DOGE. This has led to a 10% surge in the trading volume across all exchanges, reaching $2.6 billion. Related Reading: Dogecoin Reclaiming $0.128 Support Could Signal The Perfect Chance For Long Positions Notably, the Dogecoin long/short ratio has increased to 0.9 in the last 24 hours, indicating that more traders are betting on a potential DOGE price increase. Meanwhile, the long/short ratio on Binance is at 2, suggesting that most Binance traders remain bullish on the foremost meme coin. This development comes as the crypto market anticipates a potential ‘Santa rally’ to end the year. This could provide some relief for Dogecoin, which has been on a massive downtrend since the October 10 crash. The meme coin is now down over 58% year-to-date (YTD). The DOGE price has also continued to lag despite the surge in futures trading volume. The meme coin continues to mirror Bitcoin’s price action, with the flagship crypto currently struggling to climb above $90,000. The DOGE price has also lagged due to the disappointing launch of the Dogecoin ETFs. SoSo Value data shows that the funds continue to fail to log net inflows, recording zero flows over the last eight trading days. The trading volume for these funds has also been low during this period. What’s Next For The DOGE Price? In an X post, crypto analyst Kevin Capital stated that a reclaim of $0.138 for the DOGE price on the 3-day to 1-week close would put it back above the macro .382 and the 200-week SMA. The analyst noted that this would be a major positive and likely align with the Bitcoin price reclaiming the $88,000 to $91,000 zone, which needs to happen. Kevin Capital further revealed that in the meantime, the DOGE price continues to trade around this “DCA” zone. Analyzing the 2-week chart, crypto analyst Trader Tardigrade stated that Dogecoin looks to be approaching the end of the pre-surge phase. His accompanying chart showed that the meme coin could still rally to $6 when the parabolic surge begins. Related Reading: Dogecoin Open Interest Crashes To April Levels, Here’s What Happened Last Time At the time of writing, the Dogecoin price is trading at around $0.13, down in the last 24 hours, according to data from CoinMarketCap. Featured image from Pngtree, chart from Tradingview.com
Bitcoin’s inability to reclaim $90,000 is looking less like a debate about narratives and more like a test of market plumbing. For the better part of 2025, the surface story was institutional momentum. The US moved toward a workable regulatory perimeter, capped by President Donald Trump signing the GENIUS Act to federalize payment stablecoins. At […]
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On-chain analytics platform CryptoQuant has revealed why the XRP price keeps crashing, recently dropping below the psychological $2 level. The platform noted that the XRP ETF approval has failed to stop the selling pressure but instead looks to have escalated it. Why The XRP Price Is Crashing Despite ETF Success In a CryptoQuant report, analyst PelinayPA revealed that the XRP price is facing significant selling pressure from whales holding between $100,000 and 1m XRP and those holding above 1m. These XRP whales are said to account for the majority of inflows into the crypto exchange Binance. Related Reading: Peter Brandt Highlights Bearish XRP Price Chart, ‘You Need To Deal With It’ These transfers indicate that these whales are typically looking to offload these coins, which is putting selling pressure on the XRP price. PelinayPA noted that after each major inflow spike on the chart, the XRP price forms a lower high and lower low structure, suggesting that supply is overwhelming demand at the moment. The CryptoQuant report noted that this happens because there is no strong new spot buyer in the market. The continuous increase in available supply is also said to keep pushing the XRP lower, even though the whales are not aggressively dumping. Meanwhile, PelinayPA highlighted key price levels to watch out for as the price continues to crash. The analyst stated that, based on the inflow intensity and price reactions, the first major support zone stands between $1.82 and $1.87. She noted that this range marked where the price briefly stabilized and where small buyers appeared. However, XRP still risks crashing to the $1.50 and $1.66 range if the large outflows continue. The chart does not indicate that the altcoin could rally anytime soon with this selling pressure. Whales Took Advantage Of The ETF Narrative The CryptoQuant report stated that, in theory, the XRP ETF process was expected to create institutional demand and push the price higher through spot buying. However, that hasn’t been the case, as there have instead been high-volume XRP inflows to Binance. PelinayPA explained that whales were the first to act as ETF approval expectations increased. Related Reading: XRP Hasn’t Entered A Bear Market Yet; Analyst Shares Why The analyst further revealed that XRP accumulated in advance for the ETF narrative was transferred to exchanges and used as sell-side liquidity. Basically, whales sold the ETF approval story to retail investors. As a result, the XRP price faces significant selling pressure every time it approaches the $1.95 level. PelinayPA reiterated that expecting a bullish move before exchange inflows decline would be an unrealistic assumption. However, it is worth noting that the XRP ETFs have been successful so far, accumulating over $1 billion in net assets in just over a month since their launch. At the time of writing, the XRP price is trading at around $1.90, up almost 4% in the last 24 hours, according to data from CoinMarketCap. Featured image from Getty Images, chart from Tradingview.com
CryptoQuant has released a new report, highlighting a significant shift in Ethereum’s exchange supply dynamics and institutional behavior. According to the data, the amount of ETH held on crypto exchanges has crashed to unexpected lows. The decline coincides with growing institutional accumulation, a trend often viewed as an early signal of a bullish price outlook. Ethereum Exchange Balances Fall To 2016 Lows Arab Chain, a crypto analyst on CryptoQuant, revealed that Ethereum’s exchange supply ratio across all tracked platforms has declined to approximately 0.137. According to the data referenced in the report, this represents one of the lowest readings observed since 2016. Related Reading: Ethereum 2-Year Trend Maps Out This Unique Crash Path To Bottom At $2,187 The analyst emphasized that this metric reflects the proportion of total ETH supply currently held on exchanges relative to the overall circulating supply. Lower levels of this metric reflect a smaller fraction of ETH ready for liquidation on exchanges, which the analyst identifies as an important factor in understanding market liquidity conditions. Arab Chain also noted that the sustained decline in this ratio indicates a continued outflow of ETH from centralized exchanges to external wallets. This movement suggests that a smaller portion of Ethereum’s supply is readily available for trading. It also signals growing confidence among holders who prefer long-term positioning over short-term speculation. From a broader market perspective, a shrinking exchange supply is often seen as bullish for prices due to basic supply-and-demand dynamics. When fewer coins are available to sell, even a slight increase in demand can push prices up, as buyers compete for a smaller pool of liquid ETH. Reduced liquidity can also limit the intensity of declines, as large sell orders become harder to execute without moving the market. In his report, Arab Chain references historical behaviour, illustrated by a chart showing the Ethereum supply ratio for all exchanges. The analyst noted that similar declines in exchange supply have occurred during periods of reaccumulation or in the lead-up to stable price movements following significant market volatility. Ethereum Supply On Binance Crashes Arab Chain has also shared insights on Ethereum’s supply on Binance. The analyst disclosed that ETH balances on the exchange have been steadily declining over the past few months. As one of the largest crypto exchanges in the world, Binance’s reserve changes often reflect broader market sentiment. Related Reading: Why Did The Bitcoin, Ethereum, And XRP Prices Crash, And Will It Continue? The CryptoQuant report highlights that the Exchange Supply Ratio on Binance has crashed to 0.0325, a relatively low level compared to previous months. This indicates a steady withdrawal of ETH from the crypto exchange, reducing the amount of tokens available for immediate spot market selling. Arab Chain suggested that the drop in Ethereum supply on Binance shows that traders are becoming more cautious. Rather than engaging in short-term trades, many appear to be holding ETH off exchanges due to ongoing market volatility and uncertainty. The analyst added that the falling supply, combined with ETH’s price stability, indicates lower selling pressure. It also signals that the market may be entering a new phase of liquidity absorption and repositioning. Featured image from Adobe Stock, chart from Tradingview.com
On-chain analytics platform Glassnode has revealed the number of Bitcoin supply that is currently sitting at a loss. This comes as the BTC price continues to trade below the psychological $90,000 level following its crash, which began last month. Here’s The Amount Of Bitcoin Supply At A Loss In a report, Glassnode revealed that the Bitcoin supply in loss has risen to 6.7 million BTC, marking the highest level of loss-bearing supply observed in this cycle. The analytics platform further noted that this represents 23.7% of the circulating supply, which is currently underwater. 10.2% of this supply is held by long-term holders and 13.5% by short-term holders. Related Reading: The Bearish Structure That Puts Bitcoin Price At $92,550, And Then $82,000 Glassnode stated that this distribution suggests that, much like in prior cycle transitions into deeper bearish regimes, the loss-bearing Bitcoin supply accumulated by recent buyers is gradually maturing into the long-term cohort. Meanwhile, the analytics platform noted that the 6-7 million range, which has been at a loss since mid-November, mirrors early transitional phases of prior cycles, where mounting investor frustration came before a shift toward more bearish conditions and intensified capitulation at lower Bitcoin prices. Notably, the Bitcoin price has dropped to levels last seen in 2024, erasing its year-to-date (YTD) gains. Glassnode stated that this has left behind a dense supply cluster accumulated by top buyers in the $93,000 to $120,000 range. The resulting supply distribution is said to reflect a top-heavy market structure where recovery attempts are capped by heavy overhead sell pressure, especially in the early stages of a bearish phase. Glassnode declared that as long as the Bitcoin price remains below this range and fails to reclaim key thresholds, most notably the Short-Term Holder Cost Basis at $101,500, the risk of further corrective downside persists. BTC Spot Demand Is Unstable Glassnode revealed that the Bitcoin spot market flows continue to reflect an uneven demand profile across major venues. The Cumulative Volume Delta bias is said to show periodic bursts of buy-side activity, but has failed to develop into sustained accumulation, especially during the recent BTC price pullbacks. Related Reading: Why Is Bitcoin And Ethereum Prices Down Today? BlackRock Deposits Spark Worry The on-chain analytics platform noted that the Coinbase spot CVD remains relatively constructive, indicating steadier participation from US-based investors. On the other hand, Binance and aggregate Bitcoin flows remain choppy and largely directionless. Glassnode stated that these dispersion points point to selective engagement rather than coordinated spot demand. Meanwhile, the platform alluded to recent Bitcoin price declines, which it pointed out have not triggered decisive expansion in positive CVD. Glassnode noted that this suggests dip-buying remains tactical and short-term. In the absence of sustained accumulation across all venues, Bitcoin’s price action continues to rely more on activity in the derivatives market and liquidity conditions rather than organic spot demand. At the time of writing, the Bitcoin price is trading at around $86,800, up in the last 24 hours, according to data from CoinMarketCap. Featured image from Pixabay, chart from Tradingview.com
The Bitcoin and Ethereum prices are down today as the crypto market remains in a phase of extreme fear. This latest crash came amid BlackRock’s move, which sparked fear of a sell-off from the world’s largest asset manager. The Bitcoin and Ethereum prices are down today following BlackRock’s transfer of 2,257 BTC and 74,973 ETH to Coinbase, indicating plans to offload these coins. Notably, the BTC and ETH ETFs recorded outflows on December 16, likely why the asset manager moved these coins to redeem shares for its IBIT and ETHA ETFs, which were sold that day. Bitcoin and Ethereum Prices Decline Amid BlackRock’s Transfer These Bitcoin and Ethereum ETFs have continued to record mixed flows, which have partly contributed to declines in BTC and ETH prices. Notably, the Bitcoin price had surged to around $90,000 yesterday from an intraday low of around $87,000, before retracing below $87,000 about an hour later. This immediately sparked theories of manipulation, with some crypto pundits revealing that BlackRock wasn’t the only one selling. Related Reading: The Bearish Structure That Puts Bitcoin Price At $92,550, And Then $82,000 Crypto pundit Kruse claimed that Binance first bought nonstop for over 30 minutes to pump the price, then started dumping millions of BTC and ETH to liquidate longs. He noted that the Bitcoin price pumped about $3,300 in 30 minutes, with $106 million in shorts wiped out during that period. Following that, BTC printed another volatile hourly candle to the downside, which flushed out $52 million in longs. A similar price action had also played out for the Ethereum price. Kruse declared that this wasn’t random volatility but rather liquidity hunting. The pundit further warned that this is how leverage gets punished in crypto. He then reiterated that the volatile Bitcoin and Ethereum price actions weren’t random, indicating the market is being manipulated. Onchain Sleuth Tracer also accused Binance of being responsible for the Bitcoin and Ethereum price declines. He claimed that the crypto exchange pumped and dumped millions of BTC to liquidate traders, with $194 million in shorts and longs liquidated in one hour. BTC And ETH To Hit New All-Time Highs Next Year? Crypto asset manager Bitwise has predicted that the Bitcoin price will break the four-year cycle and set new all-time highs in 2026. The asset manager alluded to factors such as the Bitcoin halving and interest rate cycles as what will drive this rally for the flagship crypto. The firm also remarked that crypto booms and busts fueled by leverage are weaker than in past cycles. Related Reading: Ethereum 2-Year Trend Maps Out This Unique Crash Path To Bottom At $2,187 Bitwise also stated that institutions are likely to allocate more to Bitcoin ETFs, which is why they expect the Bitcoin price to reach new all-time highs next year. Furthermore, the firm noted that the pro-crypto regulatory shift will continue to allow companies to adopt crypto at a faster rate. The crypto asset manager also predicted that the Ethereum price could reach a new all-time high if the CLARITY Act passes. Featured image from iStock, chart from Tradingview.com
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Binance has threatened legal action against alleged fake “listing agents” and is offering up to $5 million for proof of fraudulent activity.
While fewer people in the UK now own crypto, remaining investors are holding larger balances on average, the FCA said.
XRP‘s price has fallen under $2 to price levels last seen in April, as selling pressure mounts across both derivatives and spot markets. According to CryptoSlate data, the Ripple-linked token slipped around 6% in the past day to about $1.87, extending a retreat that has tracked broader weakness in Bitcoin and Ethereum. Notably, this negative […]
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Crypto lawyer Irina Heaver said the ruling reinforces limits on exchange liability and rejects claims tied to speculative future gains following BSV’s delisting
Crypto pundit Crypto Wimar has explained why the Bitcoin, Ethereum, and XRP prices crashed, highlighting the continuous selling pressure. The crypto market is also at risk of further downward pressure due to macro factors such as the impending Japan rate hike. Why The Bitcoin, Ethereum, And XRP Prices Crashed In an X post, Crypto Wimar revealed that Wintermute has dumped 40% of its holdings over the last three weeks, which has contributed to the crash in Bitcoin, Ethereum, and XRP prices. The crypto pundit further noted that the market maker is still dumping millions in BTC and ETH on Binance, which puts these coins at risk of further declines. Related Reading: What’s Happening With The Bitcoin, Ethereum, And Dogecoin Prices Recently? The Bitcoin, Ethereum, and XRP prices are also crashing as crypto market investors brace for a Japan interest rate hike by the BOJ at their December 19 meeting. Polymarket data shows that there is currently a 97.4% chance that the BOJ will increase rates by 25 basis points. A Japan rate hike impacts the crypto market as it puts the yen carry trade in focus, with investors moving to sell their assets before the yen strengthens and their debt becomes more expensive. Meanwhile, it is worth mentioning that the Bitcoin, Ethereum, and XRP prices have crashed after every Fed rate cut this year. This similar price action is playing out as the Fed lowered rates by 25 bps last week. These crypto assets had seen a notable rebound prior to the Fed rate decision last week, indicating that the cut was already priced in. Demand for Bitcoin, Ethereum, and XRP also appears to be dwindling, even among institutional investors. Crypto analytics platform CryptoQuant stated that Bitcoin treasury growth is losing momentum, noting that the accumulation pace is slowing despite the fact that 117 new companies added BTC to their treasuries this year. Ethereum treasury company BitMine is also the only company that has continued to accumulate ETH at an impressive pace amid this market downturn. BTC At Risk Of Drop Below $50,000 Crypto analyst Titan of Crypto has indicated that the Bitcoin price could still drop below $50,000, which also puts Ethereum and XRP at risk of crashing. In an X post, the analyst raised the possibility that a BTC bear pennant is forming. Related Reading: Why Is The Bitcoin Price Down Again? Analyst Calls Out Trading Desk For Triggering Crashes He noted that this is not a structure that market investors will typically want to see in a bull market. Titan of Crypto added that the structure is still developing, but it is one that is worth monitoring closely. Meanwhile, the analyst’s accompanying chart showed that the Bitcoin price could drop below $50,000 as soon as February next year. It is worth mentioning that veteran trader Peter Brandt had also earlier predicted that BTC could drop below $50,000 based on his belief that the flagship crypto is already in a bear market. Featured image from Getty Images, chart from Tradingview.com
Pakistan also granted preliminary clearances to Binance and HTX to prepare its license applications for a full launch in the country.
When Binance rolled out its new “Binance Junior” accounts this month, the announcement landed with the kind of split reaction usually reserved for children’s TikTok privacy updates. On paper, the product is tightly controlled, restricted to a savings lane, and anchored to a parent’s KYC identity: there are no trading buttons, no margin sliders, no […]
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As Pakistan continues to deepen its involvement in the digital asset landscape, the country has signed a memorandum of understanding (MoU) with crypto exchange Binance, aiming to explore the tokenization of up to $2 billion in sovereign bonds, treasury bills, and commodity reserves to enhance liquidity and attract foreign investors. $2 Billion Asset Tokenization Initiative According to Reuters, the agreement sets the stage for a potential collaboration focused on allowing the tokenization and blockchain-based distribution of various real-world assets (RWAs) held by the Pakistani government. These assets may include sovereign bonds, treasury bills, and a range of commodity reserves such as oil, gas, metals, and other raw materials. Related Reading: Crypto Market Dips: The Reasons Behind Bitcoin Plunge Below $90,000 Despite FOMC Optimism The country’s finance ministry, Muhammad Aurangzeb, indicated that while the initiative could involve assets valued at up to $2 billion, final approval is still pending. The goal is to improve liquidity, transparency, and access to international markets for these assets. Aurangzeb remarked that the memorandum of understanding signifies Pakistan’s commitment to a reform-oriented economic trajectory and establishes a long-term partnership with Binance. Binance founder Changpeng Zhao expressed optimism about the agreement, calling it “a great signal for the global blockchain industry and for Pakistan.” He suggested that this partnership marks the beginning of a significant shift toward fully implementing the tokenisation initiative. PVARA Provides Initial Clearance For Binance And HTX In addition to this MoU, Pakistan has granted initial clearance for Binance and cryptocurrency exchange HTX, to register with local regulators as part of their efforts to establish domestic subsidiaries. This step allows both companies to prepare applications for full exchange licenses. The Pakistan Virtual Assets Regulatory Authority (PVARA) provided these early approvals after assessing the governance and compliance frameworks of both platforms. Chairman Bilal bin Saqib indicated that these clearances initiate Pakistan’s phased licensing process, emphasizing that the strength of compliance will play a crucial role in determining which exchanges will proceed. This move comes as Pakistan accelerates its digital finance overhaul, which has included the formation of the Pakistan Crypto Council and the establishment of the PVARA, alongside the drafting of a formal licensing regime. Related Reading: Report Reveals 65% Of Bitcoin Treasury Companies Struggling With Major Unrealized Losses As Bitcoinist reported at the time, Pakistan’s growing involvement in digital assets drew the attention of industry leaders such as Michael Saylor, co-founder of the Bitcoin proxy firm Strategy, who praised the country’s efforts and described it as a sign that the country understands how to handle this new market. Notably, Pakistan ranks as the world’s third-largest cryptocurrency market by retail activity, according to Saqib. The government is also planning a pilot program for a central bank digital currency (CBDC) and a comprehensive Virtual Assets Act. At the time of writing, the exchange’s native cryptocurrency, Binance Coin (BNB), is trading at $878, down 35% from all-time highs just above $1,369. Featured image from DALL-E, chart from TradingView.com