Binance now holds over 693,000 bitcoins, the largest amount in two years, representing about 30% of bitcoins on major platforms. This balance grew by 77,000 BTC since late April, amid Bitcoin struggling to stay above $80,000. While this could indicate potential sales, analysts suggest some BTC may be held for security or future selling opportunities, especially after recent security concerns. Market watchers will focus on Bitcoin’s price movement between $83,000 and $86,000 for clearer signals on selling pressure.
More News (BNB)
XRP volatility drops as US Senate vote and Fed rate decision loom, hinting at a long sideways price drift.
XRP’s price volatility has sharply decreased ahead of the US Senate’s vote on the CLARITY Act and the Federal Reserve’s interest rate decision, causing the price to stabilize around $1.34–$1.37. Historically, such low volatility phases for XRP have l…
Market News
Neutral
10 hours ago
Binance’s Bitcoin holdings hit a 2-year high above 693,000 BTC amid rising market activity and security concerns.
Binance’s Bitcoin reserves have risen to over 693,000 BTC, the highest in nearly two years, driven by investor transfers during price rallies and concerns over scams. This surge reflects Binance’s deep liquidity, making it the preferred platform for …
Market News
Neutral
11 hours ago
Bitcoin briefly dips below $76K after US inflation report, then rebounds above $77K.
Bitcoin briefly fell to about $76,050 following the release of the US inflation report, which showed a 0.4% increase in the Consumer Price Index for August and a core inflation rise of 0.3%, slightly above expectations. Despite this, Bitcoin quickly …
Market News
Neutral
12 hours ago
BNB Chain protocol revenue hits $3.2M, highest since Oct 2025, outpacing Bitcoin price gains.
BNB Chain protocol revenue surged 42% to $3.2 million on September 9, marking its highest daily level since October 2025 and outpacing Bitcoin’s price growth over the same period. This rise reflects increased fee-generating activity across BNB Smart …
Protocol Fundamentals
Bullish
14 hours ago
Zcash leads crypto surge; BNB and Hyperliquid hold bullish, Shiba Inu attempts recovery
Zcash (ZEC) shows a strong rebound, trading near $1,187 after a rapid rise from $500 in mid-August, signaling robust growth potential. Binance Coin (BNB) maintains a bullish trend above $700, aiming to retest $770–$780 resistance after a recent corre…
Technical Signals
Bullish
14 hours ago
