OKX Latest Proof of Reserves Shows Exchange Over-collateralized

2023-10-30 19:00

The latest proof of reserves shows that the exchange is 103% collateralized with bitcoin, ether, and USDT.

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Crypto In Danger? SEC’s 2024 Exam Priorities Signal Tighter Regulation

In a year marked by regulatory scrutiny and enforcement actions against the crypto industry, the US Securities and Exchange Commission (SEC) shows no signs of slowing down.  The SEC’s Division of Examinations recently unveiled its 2024 priorities, signaling a potential tightening of regulations for crypto exchanges, firms, and cryptocurrencies falling under the SEC’s definition of […]

2023-10-18 01:00


Crypto Shorts See Carnage As Bitcoin Surges Towards $28,000

Data shows the crypto futures market has observed large liquidations in the past day as Bitcoin has recorded a sharp surge towards $28,000. Crypto Futures Observed $78 Million In Liquidations In Last 24 Hours A crypto futures contract is said to be “liquidated” when the derivative exchange with which said contract is open forcefully closes it up.

2023-10-16 17:00


FTX Bankruptcy: Documents Show Coinbase Explored A Potential Acquisition

Recent documents have shown the San Francisco-based crypto exchange Coinbase had explored a potential acquisition of the European subsidiary of bankrupt crypto exchange FTX. Coinbase Shows Interest In Acquiring FTX Europe Reports from Fortune show that the crypto exchange Coinbase was interested in acquiring FTX Europe after its parent company FTX went bankrupt in November […]

2023-9-25 19:00


Bitcoin Long-Term Holders Stay Strong, Show Little Reaction To Crash

On-chain data shows that Bitcoin long-term holders have continued to hold strong recently as their exchange inflows have remained low. Bitcoin Long-Term Holder Supply Has Set A New All-Time High The “long-term holders” (LTHs) refer to all those investors who have been holding onto their coins since more than 155 days ago. Generally, the longer […]

2023-8-23 00:00


Coinbase’s Q2 Earnings Report Shows The Crypto Exchange Performed Better Than Expected

Coinbase, the largest cryptocurrency exchange in the United States, in its second quarter earnings report, announced a total revenue of $708 million for the second quarter of the year. The platform’s revenue in Q2 exceeds market estimates by over 12%, although interest income generated from USDC stablecoin amounted to $151 million, down by about 24% […]

2023-8-4 23:00


Litecoin Whale Makes Large Exchange Deposit, Decline To Extend?

Data shows a Litecoin whale has made a large deposit to Binance, something that could extend the cryptocurrency’s current decline further. Litecoin Whale Deposits Big To Binance As LTC Suffers Post-Halving Plunge Yesterday, Litecoin finally completed its much-talked-about third halving event, meaning that the cryptocurrency’s block rewards have once again been halved from 12.5 LTC […]

2023-8-3 19:00


Binance Fights Back CFTC Complaint, Plans To Seek For Dismissal

Binance and its CEO, Changpeng Zhao, are preparing to file for the dismissal of the Commodity Futures Trading Commission’s (CFTC) complaint, a court filing shows. This is in response to the financial regulator accusing the crypto exchange of violating derivatives market regulations in the United States earlier in the year. Binance To Seek Dismissal Of […]

2023-7-25 17:00


78% Of Bitcoin Exchange Inflows Are Coming From Short-Term Holders: Glassnode

On-chain data shows that Bitcoin short-term holders have contributed to 78% of the total exchange inflows in the market recently. Bitcoin Exchange Inflows Are Dominated By The Short-Term Holders According to the latest weekly report from the on-chain analytics firm Glassnode, the short-term holders have been actively making inflows since February of this year. The […]

2023-7-18 20:00


Stablecoin Exchange Deposits Remain Low, What Does It Mean For Bitcoin?

On-chain data shows the stablecoin exchange deposits have remained low recently. Here’s what this may mean for Bitcoin. Stablecoin Exchange Deposits Stay Low, While Withdrawals Jump As pointed out by an analyst in a CryptoQuant post, the fact that the stablecoin exchange withdrawals have spiked while deposits have stayed low may be slightly alarming for BTC.

2023-7-18 17:30