So far this year, users’ funds inflows to Binance, the world’s largest digital asset exchange by registered users and trading volume, are almost 40% higher than the total of the next 10 crypto exchanges combined, as ranked by DefiLlama. According to the data platform, Binance accounts f...

Reported by The Block: Bitcoin futures open interest has surged since Donald Trump’s election win. Bitfinex analysts observe this as “organic growth,” dismissing fears of a correction despite increased leverage. Since Donald Trump’s U.S. presidential election victory on Nov. 5, bitcoin futur...

Reported by The Block: Coinbase said it will not support Celo’s upcoming migration from Layer 1 to Layer 2 in Optimism’s Superchain ecosystem.The decision sparked criticism from the Celo community, with cLabs CEO Marek Olszewski saying it “feels like a wrench in Ethereum’s Layer 2-centric sc...

Reported by The Block: Binance is set to launch BFUSD, a “reward-bearing margin asset” offering passive rewards. The crypto exchange promises that BFUSD’s APY “will never go below zero,” protecting holders from negative returns. Crypto exchange Binance officially introduced BFUSD on Tuesda...

Reported by The Block: Gary Gensler plans to leave on January 20, 2025, according to a statement released by the agency on Thursday. During his time at the SEC, Gensler led efforts to push for central clearing in Treasury markets, implemented changes on executive pay versus performance and forged on...

Reported by The Block: The price of bitcoin hit the $95,000 level for the first time ever on Wednesday night on Coinbase, marking a new all-time high. The price of the world’s largest cryptocurrency is now up 110% in 2024. The price of bitcoin reached the $95,000 level for the first time ever on W...

Reported by Coindesk: A speculative frenzy seems to have gripped the market, which could lead to a sudden sentiment shift and two-way price turbulence. JPMorgan’s retail sentiment score for BTC and BTC-tied assets hit a record high last week. MSTR’s options market exhibited extreme upsid...