Traders dump $4.3 billion BTC on Binance as exchange sells more Bitcoin than other exchanges combined

Binance moved 42.8% of total spot volume over the past week but absorbed 79.7% of net selling pressure across five major exchanges, according to data from Traderview. The imbalance raises the question of whether a venue needs to handle “most of the market” to set prices for the whole market. The answer is no. A […]
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Cryptocurrency

XRP defiant amid Bitcoin collapse as a massive institutional migration quietly shifts billions into Ripple

Bitcoin, Ethereum, and XRP have all retreated to deep cycle lows, dragging the broader crypto market back to valuation levels not seen since late 2024, according to CryptoSlate's data. While price action across the board appears uniformly grim, with BTC heading below $70,000 and XRP recently trading around $1.35, sentiment toward the Ripple-linked token is […]
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Cryptocurrency

Markets plunge as Bitcoin and silver just triggered a global margin call after inflation warnings made a recovery look impossible

Bitcoin is plummeting toward a dangerous $56,100 price floor as massive ETF outflows signal a demand crisis At some point every cycle has the same moment, the one where the story stops being about charts and starts being about cash. You can see it in the way traders talk, the jokes dry up, the group […]
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Cryptocurrency

Bitcoin faces a brutal irony as the Treasury refuses to save BTC from its own political success

Treasury Secretary Scott Bessent told Congress he has no authority to bail out Bitcoin. The exchange came during a Senate Banking Committee hearing, when Senator Brad Sherman asked whether the Treasury could intervene to support cryptocurrency prices. Bessent's answer was direct: he cannot use taxpayer dollars to buy Bitcoin, and the question falls outside his […]
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Cryptocurrency

Bitcoin in critical warning zone threatening a 42% drop before the new bull run can start

Bitcoin is back in that familiar place where the chart looks ugly, the timeline feels loud, and everyone is trying to guess whether the next move is the one that finally breaks the mood. Today, Bitcoin fell below $70,000 for the first time in well over a year. Historically, that price still looks strong, especially […]
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Cryptocurrency

Bitcoin sinks below the $70,000 critical support but XRP is hit hardest

Bitcoin retreated below the closely watched $70,000 threshold, leading a broad selloff in digital assets that has erased over $1 billion in trading positions. According to CryptoSlate's data, the world’s largest cryptocurrency fell to lows not seen since the November 2024 election, dragging the wider market into the red. Ethereum slid 7% to around $2065, […]
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Cryptocurrency

Ethereum hit by billion dollar sell pressure as top crypto fund faces $862M high stakes liquidation risk

A leveraged Ethereum position built by Jack Yi's Trend Research continues to unwind under pressure. The position, assembled through Aave's lending protocol and reported to have reached roughly $958 million in borrowed stablecoins at its peak, has been shrinking through repeated defensive sales as Ethereum's price declines. On Feb. 4, Trend deposited another 10,000 ETH […]
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Cryptocurrency

Bitcoin’s slides to $70,000 triggering structural crisis that could make FTX collapse look like child’s play

Bitcoin’s latest drawdown is forcing a critical stress test on the “treasury company” trade. Over the past months, the model appeared simple, requiring companies to sell stock or low-cost convertible notes, buy Bitcoin, and rely on rising prices and a persistent equity premium to cover the remainder. However, with Bitcoin sliding towards $70,000, which is […]
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Cryptocurrency

Ripple prepares to dominate the $24 billion RWA market by integrating controversial new permissioned layer

On Feb. 4, the XRP Ledger (XRPL) activated the highly anticipated Permissioned Domains with 91% validator approval. At first glance, the approval appears contradictory, as it involves a public blockchain hosting “permissioned” zones. However, a deeper look at the mechanics shows how the upgrade operates. Permissioned Domains introduces an on-ledger access-control object that enables other […]
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Cryptocurrency

Vitalik Buterin takes shot at Coinbase’s corporate control of Base which dominates 60% of layer 2 income

Ethereum co-founder Vitalik Buterin has signaled a fundamental shift in the blockchain’s roadmap that declares the era of the “branded shard” effectively over. On Feb. 3, Buterin argued that the industry’s previous “rollup-centric” vision no longer makes sense, citing faster scaling on the main Ethereum layer and the sluggish pace of decentralization among major rollups. […]
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Cryptocurrency

Trillion Dollar Security Day at Devconnect

During Devconnect Buenos Aires, the Ethereum Foundation and Secureum TrustX brought together Ethereum security practitioners for Trillion Dollar Security Day, a focused event exploring what it would take to securely support a trillion-dollar Ethereum e...
Cryptocurrency