Binance CEO Says MiCA Is Backfiring as EU Users Move Beyond Regulators’ Reach

The post FLOKI Price Prediction: 80% July Pop or Fakeout — This Technical Setup Will Decide It appeared on BitcoinEthereumNews.com. James Ding Jul 09, 2026 10:06 FLOKI nudged 2.97% higher on July 9 but with Binance spot volume barely cracking $923K and momentum indicators sitting dead flat, that move is fragile. CoinCodex’s model projects up to 80% upside t… Market Context: Why FLOKI is Moving Now FLOKI crept 2.97% higher into July 9, and let’s be clear — that’s not a breakout. That’s a coin trying to find a reason to exist after what has clearly been a sustained period of price compression. The meme coin complex broadly has been grinding rather than exploding, and FLOKI reflects that malaise precisely. The only hard forecast currently on the table comes from CoinCodex, published July 7, 2026, and it draws a compelling but conditional picture: a July high of $0.00003995 — roughly 80% above recent levels — followed by an August peak at $0.00004106 before a controlled b

The post Binance stablecoin outflows hit $115 million a day as liquidity weakens appeared on BitcoinEthereumNews.com. The collapse of the U.S.-Iran ceasefire on July 8 sent prices back toward $62k, from a brief move into the $64k resistance zone. AMBCrypto reported that shortly after the news broke out, $300 million worth of long positions had been liquidated. The rising leverage and inclination from derivatives traders to catch the market lows, without structural support, was a warning sign of deeper drawdown. There was another factor to keep an eye on. Stablecoin liquidity increases price sensitivity to bearish catalysts Crypto analyst Crypto Onchain drew attention to the liquidity drain seen in the centralized exchange Binance. USD Coin reserves have fallen by 21% over the past month, and Tether saw massive single-day outflows. Source: CryptoQuant Anomalous outflows of $997 million on June 26 and $838 million on July 7 were seen. Together, they have taken Binance stablecoin outflows

The post SHIB Price Prediction: Stochastic Signal Sparks a Dead-Cat Bounce Scare — A Real Recovery Needs Volume appeared on BitcoinEthereumNews.com. Darius Baruo Jul 09, 2026 09:50 SHIB is printing a 3.12% daily gain on suspiciously thin Binance spot volume of just $3.27M, while momentum indicators sit deep in bearish-leaning territory — the 65/35 odds favor this bounce fadin… Market Context: Why SHIB is Moving Now Shiba Inu is doing what meme coins do best: generating heat without much light. A 3.12% session pop sounds constructive until you clock the Binance spot volume sitting at a paltry $3.27 million for the day. That number is not a rounding error — it’s a structural warning. SHIB is a token that lives and dies on crowd momentum, and without retail participation showing up in force, a percentage move like this is noise dressed up as a trend. The broader backdrop matters here. Early 2026 saw genuine momentum — Blockchain.news flagged in January that SHIB was trac

The post XRP Futures Open Interest on Binance Falls to Three-Month Low at 397M appeared on BitcoinEthereumNews.com. XRP News XRP futures open interest on Binance has fallen to roughly 397 million XRP, its lowest reading in more than three months, as the token changes hands near $1.09. Derivatives open-interest data shows the contraction reflects deleveraging, with traders trimming or closing leveraged positions rather than adding fresh exposure. Falling open interest alongside soft prices typically signals a cooling appetite for leveraged bets on the altcoin. Analysts frame the move as a slowdown in derivatives activity rather than an outright bearish verdict, describing the phase as repositioning while participants wait for a clearer directional signal across the XRP market. While the derivatives picture cools, spot metrics tell a contrasting story. On-chain data shows the XRP Binance scarcity index has climbed to 0.77, its highest level in more than two years. The gauge measures how

The post AscendEX Halts Operations July 1 After Failing MiCA License, ETH Wallets Left Near Empty appeared on BitcoinEthereumNews.com. Crypto News The centralized crypto exchange AscendEX ceased all operations effective July 1, 2026, and warned users it cannot guarantee full recovery of their balances. The exchange published its official notice on July 6, five days after halting trading, citing MiCA compliance requirements, a failed strategic transaction, and deteriorating market conditions. In our reading, the sequencing matters: the platform stopped serving customers before it explained why, leaving deposits, swaps and staking frozen. AscendEX said it is assessing options for account holders while cautioning it cannot promise withdrawal timing or amounts. For an altcoin-heavy user base, that uncertainty over locked funds is the immediate and unresolved concern. Regulation sits at the center of the collapse. The European Union’s Markets in Crypto-Assets framework, known as MiCA, took

The post UKey unveils the Seed Ring: Bringing hardware signing into everyday life appeared on BitcoinEthereumNews.com. As a wearable, lifestyle-first hardware signing brand, UKey reimagines crypto backup and recovery with a battery-free NFC ring. Hong Kong, July 10, 2026 – Ukey Limited, a self-custody hardware brand for crypto users, today revealed the Seed Ring, the most distinctive product in its Seed backup line: an NFC recovery ring you can wear every day. Unlike hardware wallets built to be locked away in a drawer, UKey set out to do something different from day one – to make hardware signing and self-custody something you can wear and fold into daily life. The Seed Ring is the first expression of that idea. It will debut alongside UKey’s first product lineup, with availability details to be announced soon. Why a ring In self-custody, what usually decides whether your assets stay safe isn’t how you sign – it’s how you store your seed phrase. Photos, screenshots, and scraps of pape

The post Binance Ethereum Bets Vanish While OKX Traders Pile Back In appeared on BitcoinEthereumNews.com. Ethereum open interest cooled hard on Binance in July 2026 as OKX spot volume jumped to its strongest level in months. Something in Ethereum’s order books on Binance thinned out hard on July 6, and it took most of the market a full day to notice. The exchange’s derivatives desk had just logged one of its quietest positioning readings in nearly two years. Nobody framed it as a crash, because it wasn’t one in the usual sense. It just showed up buried inside a 30-day rolling gauge, the kind of chart traders glance at and scroll past without much thought. Leverage had been building for months on the exchange. Something eventually had to give. A Number Nobody Rang a Bell For Binance’s Ethereum 30-day open interest change fell to negative 594,000 ETH on July 6, according to a CryptoQuant quicktake credited to on-chain analyst Amr Taha. That reading marked the steepest contraction on the

The post CZ Compares Binance KYC With Hyperliquid Model appeared on BitcoinEthereumNews.com. CZ says Binance’s weak KYC led to prison while Hyperliquid runs no-KYC smart contracts under a different trading model. Binance founder Changpeng Zhao, known as CZ, discussed Hyperliquid in a June 29 interview with The Block.  He praised its market design but noted clear differences from centralized exchanges. CZ said Hyperliquid uses smart contracts without standard identity checks for users. He compared that model with Binance’s past compliance problems. He said he went to prison over Binance’s weak KYC controls. Meanwhile, he noted that Hyperliquid operates without KYC. His comments have renewed debate around exchange rules, user freedom, and decentralized trading. The discussion also places Hyperliquid’s control structure under market attention. CZ Compares Binance and Hyperliquid CZ said Hyperliquid has introduced useful ideas for on-chain trading. However, he said its model differs from B