Binance stablecoin inflows top $1.6B, signaling traders positioning for rebound
Massive stablecoin deposits highlight shifting capital flows on Binance, even as Bitcoin whipsawed below $110,000 amid whale-driven selling and heavy liquidations.
Massive stablecoin deposits highlight shifting capital flows on Binance, even as Bitcoin whipsawed below $110,000 amid whale-driven selling and heavy liquidations.
Original source
Read on CointelegraphRelated market context
$1.5 Trillion Transacted: Rain Report Reveals the Massive Scale of Latam’s Stablecoin Economy
The crypto card company stressed that these volumes result from a more conscious use of stablecoins, driven by concrete problem-so...
Binance Sees Pre-IPO Boom as $225B IPO Wave Drives Demand for On-Chain Access
Binance expects crypto pre-IPO markets to expand as U.S. IPO fundraising is projected to surpass $225 billion, putting 2026 on tra...
Hester Peirce Farewell Speech Highlights SEC Crypto Rulemaking Divide
TL;DR SEC Commissioner Hester Peirce delivered a farewell speech titled “Peirce Out.” She criticized the agency’s reliance on enfo...
SpaceX-linked products see $9B in trading, $5.6B on Binance in 24 hours
The surge in SpaceX-linked crypto trading highlights the growing role of digital assets as a parallel financial market, influencin...
Bitcoin faces one of its biggest mining difficulty drops as miner margins collapse
The Bitcoin network is poised to execute one of the largest downward adjustments to its mining difficulty in its 17-year history t...
Kraken Enables USDCx Deposits And Withdrawals On Canton Network
TL;DR Kraken has enabled deposits and withdrawals of USDCx on Canton Network. USDCx is backed 1:1 by USDC held in Circle’s xReserv...