Binance Data Reveals Bitcoin Profit Trends: Is the Bull Run Far From Over?

Before its recent price correction, Bitcoin came close to hitting the six-digit milestone, achieving an all-time high of $99,645—a near 170% year-to-date increase. This notable price performance, followed by the recent price dip, has sparked discussions about the state of the market, particularly the profit-taking behaviour observed among investors. An analysis by a CryptoQuant analyst… Continue reading Binance Data Reveals Bitcoin Profit Trends: Is the Bull Run Far From Over?

XRP Binance Inflows Spike: What It Means For Price

On-chain data shows the XRP Binance Netflow has spiked to positive levels recently. Here’s what this could mean for the asset’s price. XRP Investors Have Been Depositing To Binance Recently As explained by an analyst in a CryptoQuant Quicktake Exchange Netflow,” which keeps track of the net transfers going in or out of a given… Continue reading XRP Binance Inflows Spike: What It Means For Price

Binance Dominates As Bitcoin Futures Volume Hits New Peaks Amid Historic Price Rally

Bitcoin has continued its bullish momentum streak, reaching a new all-time high on November 13 and triggering a wave of activity across the crypto market. In particular, the futures market has been significantly impacted, with a surge in trading volume for the BTC/USDT pair. This increase has highlighted an intense period of market engagement, with… Continue reading Binance Dominates As Bitcoin Futures Volume Hits New Peaks Amid Historic Price Rally

Short-Term Bitcoin Holders Move Millions To Binance—Is A Market Correction Imminent?

Bitcoin has been on a major upward trajectory, recently hitting an all-time high (ATH) of above $89,000. As this milestone was crossed, a notable trend emerged with short-term holders transferring their holdings to major exchanges, particularly Binance. According to CryptoQuant analyst Joao Wedson, this behavior suggests that investors with shorter time horizons may be positioning… Continue reading Short-Term Bitcoin Holders Move Millions To Binance—Is A Market Correction Imminent?

Binance Hits $8.3B Open Interest High—Here’s What It Signals For the Crypto Market

Binance, one of the world’s largest crypto exchanges, has achieved a new milestone as its open interest (OI) surged to an all-time high (ATH) of $8.3 billion, according to a report by CryptoQuant analyst Burak Kesmeci. This increase, representing a 10.24% growth over the past 24 hours, emphasizes Binance’s substantial share of global crypto futures… Continue reading Binance Hits $8.3B Open Interest High—Here’s What It Signals For the Crypto Market

Bitcoin Price Correction Triggers $296 Million In Liquidations – Can BTC Still Hit ATH?

Bitcoin (BTC) has had a volatile 24 hours, hitting as low as $68,830 on the Binance crypto exchange before recovering some losses. Liquidation Data At A Glance Although BTC is trading close to its all-time high (ATH) value of $73,737, yesterday’s quick drop in price cast doubts on whether the top digital asset will be… Continue reading Bitcoin Price Correction Triggers $296 Million In Liquidations – Can BTC Still Hit ATH?

Survey Finds Almost 70% Of Ethereum Institutional Investors Engaged In ETH Staking

Almost 70% of institutional investors in Ethereum (ETH) are participating in ETH staking, with 60.6% of them using third-party staking platforms. Ethereum Staking Landscape At A Glance According to a report by Blockworks Research, 69.2% of institutional investors holding Ethereum are engaged in staking the platform’s native ETH token. Of these, 78.8% are investment firms… Continue reading Survey Finds Almost 70% Of Ethereum Institutional Investors Engaged In ETH Staking

72% Of ETHUSDT Traders On Binance Go Long – Is This The Buy Signal You Need?

In a recent trading activity on the crypto exchange Binance, 72% of ETHUSDT traders have taken long positions. This interesting sentiment is revealed through the trading analytics platform CoinGlass. This surge in long position is more notable as it comes after a week of Ethereum trending downwards. The strong tilt toward long positions suggests that… Continue reading 72% Of ETHUSDT Traders On Binance Go Long – Is This The Buy Signal You Need?