The Binance exchange has registered a surge in derivatives activity triggered by an ongoing pullback in gold’s price. The highly priced commodity and world’s largest asset has experienced a steady price decline since around February amid exacerbating geopolitical tensions and concerns about global inflation levels. Binance Users Show Heavy Interest In Gold Market In an…
Tag: Binance
Binance Just Declared War On Quiet Market Makers —3 Red Flags Every Trader Should Watch
The new Binance guidelines for market makers requires them to disclose information such as their identity and contract terms. Binance Tightens The Grip On Market Makers On Wednesday, the largest centralized crypto exchange in the world released a new set of guidelines aimed to token issuers and liquidity providers, tightening their grip on the mandatory…
Binance Warning? Leverage Explodes As Crypto Tracks A World On Edge
Binance’s futures-to-spot ratio has jumped to a 1.5-year high, its highest level since mid-2023. But why? What The Binance Data Says About The Market New data from CryptoQuant analyst Maartuun shows that Binance’s derivative volume is dwarfing spot trading, as the futures/spot ratio has risen to around 5.1. This means that for every $1 traded…
Bitcoin Historically Surges 54% On Average Post-US Midterm Elections, Binance
Despite trading more than 40% below its all-time high, with $70,000 serving as a short-term support level, Bitcoin (BTC) may be poised for a repeat pattern that could lead to a 54% increase following this year’s US midterm elections. New research from cryptocurrency exchange Binance suggests that, historically, the aftermath of midterm elections has been…
Why A U.S. Court Says Binance Is Not (Yet) Liable for Terrorist Crypto Flows
A lawsuit accusing the crypto exchange Binance of allowing terrorism financing by facilitating it has fallen apart after a US Federal court dismissed it. Not Terrorist Supporters The Troell et al. v. Binance case was dismissed in an opinion and order issued on March 6 by Judge Jeannette A. Vargas of the U.S. District Court…
XRP Whale Outflows Continue On Binance — What’s Happening?
According to recent on-chain data, large investors in the XRP market seem to be adjusting their positions. Further analysis suggests that if XRP finds favorable alignment with the current conditions, it could be at the start of a larger upside rally. 44 Million XRP Leave Binance Late In February In a Quicktake post on CryptoQuant,…
Ethereum’s Funding Rates Signal Sentiment Flip Across Major Exchanges
Ethereum (ETH) has declined noticeably over the past week, with price data from CoinMarketCap reporting a net 14% decline within this period. At the time of the most recent data, ETH is trading around $2,000, significantly lower than the past week’s level near $2,500. ETH Funding Rates Signal A Bullish Turn In a QuickTake post…
Bitcoin Slips Below This Key Zone — Is A Final Flush Coming?
Bitcoin has once again fallen below a critical support zone, raising questions about whether the market is gearing up for a deeper sell-off. With selling pressure still intact, traders are now watching key levels closely to see if a final flush toward lower support is imminent. Price Faces Another Rejection MakroVision Research rejection, resulting in…
Ethereum Open Interest Declines Across Exchanges, Binance Stands Out — Details
For most of the week, the Ethereum price has remained in a range-bound spell, putting in no significant movement outside of the $3,000 and $2,880 price boundaries. Amid rising speculations, an on-chain analysis has recently been put out, which provides an answer to the question. Open Interest Across Exchanges Falls To $17 Billion In their…
Binance Founder CZ Addresses Trump‑Related Controversy In Latest Statement
Binance founder and former CEO Changpeng Zhao (CZ) has pushed back against growing scrutiny surrounding his relationship with President Donald Trump, saying his ties to the president and his family have been widely misunderstood following Trump’s decision to grant him a pardon last year. CZ Rejects Allegations Of Binance’s Political Links Attention on Zhao intensified…