Author: Digicoinvision
On-chain data shows the Binance Exchange Reserve has diverged between Bitcoin and the stablecoins. Here’s what this could mean for the market. Bitcoin & Stablecoin Exchange Reserves Have Decoupled On Binance In a CryptoQuant Quicktake post, an analyst has talked about the latest trend in the Binance Exchange Reserve for Bitcoin and the stablecoins. The “Exchange Reserve” here refers to an on-chain metric that keeps track of the total amount of a given asset that’s sitting on the wallets attached to a centralized exchange. When the value of this metric rises, it means the holders are making net deposits of…
Key takeaways:SOL’s perpetual futures funding rate turned negative, highlighting a lack of confidence among traders.Despite strong fundamentals, institutional players continue to avoid Solana due to MEV concerns.Solana’s native token, SOL (SOL), has not reached the $180 level since late May, raising doubts among traders about whether a bull run in 2025 is still feasible. The demand for leveraged long positions on SOL has dropped sharply, negatively affecting market sentiment.SOL perpetual futures funding rate, annualized. Source: Laevitas.chOn Monday, the SOL perpetual futures funding rate turned negative, indicating that short (sell) positions are in higher demand. Given that cryptocurrency traders are typically…
Traders are cautious about buying Bitcoin at its current level, as the cryptocurrency is struggling to find the strength to break above its all-time high of $111,970, according to Bitfinex analysts.“Bulls are hesitant or unable to push prices significantly higher without fresh catalysts or clearer macro signals,” Bitfinex analysts said in a markets report on Tuesday, adding that Bitcoin (BTC) is showing weaker strength as it hovers below its current all-time highs to move above the level it reached on May 22.$1.63 billion shorts at risk of liquidation if Bitcoin reclaims ATH“This signals a lack of follow-through strength,” the analysts…
Shares in SharpLink Gaming closed Tuesday trading up over 28% after the sports betting company said it made a series of Ether buys to bring its holdings to 205,634 Ether, worth over $533 million.SharpLink said on Tuesday that in a buying spree from June 28 to July 4, it acquired 7,689 Ether (ETH) for over $19 million at an average price of $2,501, adding to its growing treasury.Shares in SharpLink (SBET) jumped on the announcement and gained nearly 28.6% on Tuesday to close trading at $16.29 and continued to rise 4.36% after-hours to $17.SharpLink stock has spiked over 28% after…
Traders are cautious about buying Bitcoin at its current level, as the cryptocurrency is struggling to find the strength to break above its all-time high of $111,970, according to Bitfinex analysts.“Bulls are hesitant or unable to push prices significantly higher without fresh catalysts or clearer macro signals,” Bitfinex analysts said in a markets report on Tuesday, adding that Bitcoin (BTC) is showing weaker strength as it hovers below its current all-time highs to move above the level it reached on May 22.$1.63 billion shorts at risk of liquidation if Bitcoin reclaims ATH“This signals a lack of follow-through strength,” the analysts…
Ethereum’s weekly All Core Developer calls are a lot to keep up with, so this “Checkpoint” series aims for high-level updates roughly every 4-5 calls, depending on what’s happening in core development. See the previous update here. tl;dr: The past month centered on locking in the scope of the Fusaka upgrade and final Pectra deployment details. The Pectra upgrade ships on mainnet in just about a week, after which focus will shift to Fusaka testing and deciding what goes into the Glamsterdam upgrade (in other words, the ”scope” of the upgrade). A new All Core Developer (”ACD”) call structure will…
A $1M buy emerged as sentiment plunged and long liquidations exceeded $900K. HYPE broke support while short pressure stacked near $40 threatens volatility. A newly created wallet sparked attention after depositing $1M USDC into HyperLiquid [HYPE] and acquiring over 25,500 HYPE, raising eyebrows amid a sudden market drop. At press time, HYPE traded near $38.2 after sliding 6% in 24 hours, signaling a sharp shift in sentiment. Despite the dip, such a large buy-in hints at underlying conviction. The move comes at a time when volatility and liquidations are peaking, forcing traders to reconsider near-term expectations for HYPE’s trajectory in…
A long‑time figure in the world of digital money and a noted XRP advocate stepped out of the shadows this week, sparking fresh chatter among investors and developers alike. Arthur Britto, who co‑founded Ripple Labs in 2012, broke a 14‑year silence with a single emoji on X. That tiny message carried big weight. His name rarely surfaces in headlines, but his work helped build XRP into one of the top assets by market value. Impact Of A Secretive Founder According to reports, Britto kept a low profile while helping craft the XRP Ledger’s code. He holds a 2% stake in…
Join Our Telegram channel to stay up to date on breaking news coverage Metaplanet has overtaken Bitcoin mining company CleanSpark to become the 5th largest corporate BTC holder shortly after announcing a bond refinancing strategy to buy more Bitcoin. In an X post today, Metaplanet said it bought another 1,005 BTC worth $108.1 million. Metaplanet Bitcoin Treasury Nears $1.5 Billion With the latest Bitcoin buy, Metaplanet’s holdings now stand at 13,350 BTC, allowing it to overtake Cleanspark with its 12,502 BTC, data from BiTBO shows. According to an X post by the firm’s CEO, Simon Gerovich, Metaplanet’s Bitcoin holdings were…
The tokenization of equities, while seen as a promising way to democratize access to publicly listed company stocks, has not gained traction as expected. Proponents of tokenization argue that existing regulations block the widespread adoption of equity tokenization. The Slow Burn of Equity Tokenization: Hype Versus Reality Although the tokenization of equities is widely accepted […]