The cryptocurrency Market is witnessing a major shift as retail investors take the lead, moving from the sidelines to becoming a dominant force. Once mainly for tech experts and big institutions, trading has opened up to the masses, with retail traders now accounting for over 45% of all trading volume. This growth has been fueled ...
Bitcoin’s Market momentum is back, with prices exceeding the crucial $90,000 mark and peaking at around $94,300 before settling at approximately $93,473, reflecting a 3.1% daily gain. Recent trading behavior on Binance, a major cryptocurrency exchange, suggests strong buyer activity is influencing Bitcoin’s short-term pricing. An increase in the taker buy/sell ratio indicates that traders ...
The Bitcoin Market is showing renewed strength as its price climbs above $90,000, recently peaking at $94,320 before settling at $93,473, reflecting a 3.1% daily increase. Key insights from analyst Crazzyblockk indicate that a rise in aggressive buying on Binance is significantly influencing Bitcoin’s short-term direction. The taker buy/sell ratio on the exchange has risen, ...
Recent data reveals that the Bitcoin Coinbase Premium Gap has turned negative, indicating a shift in buying activities between platforms. This gap measures the price difference between Bitcoin on Coinbase and Binance. A negative value suggests that purchasing pressure is now stronger on Binance, with large investors on that platform possibly driving the recent price ...
Recent data shows that the Bitcoin Coinbase Premium Gap has fallen into negative territory, indicating a shift in Market activity, particularly among Binance whales. This gap measures the price differences between Bitcoin on Coinbase and Binance. Typically, a positive gap suggests American investors are driving demand, but the current negative reading implies that Binance traders ...
As the cryptocurrency sector grows, secure and reliable exchanges become crucial. The Indian government now requires all crypto exchanges to follow Anti-Money Laundering (AML) and Counter Terrorism Financing (CTF) regulations. In response, Binance, a top crypto exchange, has implemented Know Your Customer (KYC) re-verification for its Indian users to enhance security and prevent illegal activities. ...
On April 15, 2023, major cryptocurrency exchanges such as Binance, KuCoin, and MEXC encountered service disruptions due to a significant outage at Amazon Web Services (AWS). This incident affected multiple services, leading to connectivity issues for platforms reliant on AWS infrastructure. Binance promptly informed users about transaction failures and worked with AWS to restore services, ...
In a recent meeting, Binance executives met with U.S. Treasury officials to discuss potential changes to the government’s oversight of the company. They asked for the removal of a monitor that oversees their compliance with anti-money laundering laws. Additionally, Binance is in talks to collaborate with President Donald Trump’s crypto venture, World Liberty Financial, which ...
In a significant move for Pakistan’s cryptocurrency landscape, Changpeng Zhao, founder of Binance, has become an adviser to the newly established Pakistan Crypto Council. This marks a shift in Pakistan’s approach to digital currencies, as the government seeks to create a regulatory framework that protects investors while encouraging innovation. Finance Minister Muhammad Aurangzeb emphasized that ...
In a move that could reshape Pakistan’s approach to cryptocurrency, Changpeng Zhao, the founder of Binance, has been appointed as an adviser to the Pakistan Crypto Council. This follows the country’s recent efforts to establish a regulatory framework for digital currencies, aiming to protect investors while fostering innovation. Finance Minister Muhammad Aurangzeb highlighted this appointment ...
