Binance has expanded access to its Institutional Loan product to all KYB-verified VIP clients while introducing higher leverage limits, fixed-rate borrowing terms, and a new interest rebate program tied to trading activity. According to a May 11 press release, Binance…
The post Cardano Price Prediction: ADA Breaks Out As Grayscale Lifts Exposure To 18.33% appeared on BitcoinEthereumNews.com.
ADA derivatives volume surged 129.80% to $917.34M and open interest climbed 6.94% as price broke above a descending triangle held since February Grayscale raised ADA’s weight to 18.33% in its smart contract fund on May 7, keeping it third behind Solana and Ethereum Retail longs are piling in at a 2.37 ratio on Binance while shorts build positions above price ahead of Thursday’s CLARITY Act vote Cardano trades at $0.2777 on May 11, fading after tagging $0.2829 intraday, one session after breaking a three-month descending triangle that had compressed price since February while Grayscale quietly raised its ADA allocation to 18.33%. ADA Daily Chart: Triangle Breakout Stalls at the 100 EMA Cardano Daily Price Action (Source: TradingView) From February through late April, ADA ground inside a descending triangle with lower highs pushing toward rising support near $0.24.
The post Bitforex Founder Garrett Jin Deposits $1.35B in ETH to Binance in 4 Days appeared on BitcoinEthereumNews.com.
Key Takeaways Garrett Jin deposited all 577,896 ETH ($1.35B) into Binance over 4 days ending May 11, 2026. Jin acquired the ETH by swapping BTC at $4,591 per ETH; the position has since lost about 49%. The Bitforex founder still holds roughly 9,343 BTC worth $757M despite the ETH drawdown. A $1.35 Billion ETH Offload and a Costly Trade A wallet attributed to Garrett Jin completed the transfer of its entire ether ( ETH) holdings to Binance on Sunday. The final batch was 225,627 ETH, worth approximately $528.19 million at current prices, bringing the total deposit over four days to 577,896 ETH, or roughly $1.35 billion. Onchain data showing Garrett Jin’s remaining 225,627 $ ETH being deposited into Binance. The transfer closes the book on what appears to be a costly trade given Jin swapped his bitcoin holdings for ETH approximately eight months ago, when ether was changi
The post Ripple CEO Headlines Major Binance Online Event appeared on BitcoinEthereumNews.com.
Ripple CEO Brad Garlinghouse has been named among exclusive speakers at the upcoming Binance online event scheduled to be held on May 13. Garlinghouse will share the stage with Binance Co-CEO Richard Teng and Lily Liu, Solana Foundation president, in a ‘Binance Online’ session, tagged “the Evolution era” which is expected to delve into the future direction of crypto and blockchain adoption. Binance urged users to “tune in at Binance Online,” though additional details about the session at the event were not made available in the tweet. Garlinghouse’s participation comes at a time when Ripple is expanding further into payments, tokenization and institutional blockchain services. Veteran Trader Peter Brandt Calls ‘Major Bottom’ for SUI 3 Reasons Why Hyperliquid (HYPE) $50 Rally Failed, Bitcoin (BTC) Has No Fuel Left, Toncoin (TON) Critical Market Correction Begins: Crypto Market Review In the p
A wallet linked to Garrett Jin, founder of the now-defunct exchange Bitforex, has deposited all 577,896 ether into Binance over just four days, closing out a position he acquired by swapping bitcoin for ETH when ether was trading at $4,591. A $1.35 Billion ETH Offload and a Costly Trade A wallet attributed to Garrett Jin […]
The post BitForex Founder Garrett Jin Transfers $526.6 Million In ETH To Binance appeared on BitcoinEthereumNews.com.
BitForex Founder Garrett Jin Transfers $526.6 Million In ETH To Binance Skip to content
Home Crypto News BitForex Founder Garrett Jin Transfers $526.6 Million in ETH to Binance
Source: https://bitcoinworld.co.in/bitforex-founder-garrett-jin-eth-transfer-binance/
The post CZ Says Crypto Exchange Rivals Opposed His Pardon Bid appeared on BitcoinEthereumNews.com.
Binance co-founder Changpeng “CZ” Zhao said he was not very confident he would be pardoned by US President Donald Trump after serving a four-month prison sentence in 2024 for violating US anti-money-laundering laws. “You never know because we actually had very strong anti-lobbying from some of our perceived competitors in the US,” Zhao told Ran Neuner on the Crypto Banter podcast published to YouTube on Saturday. US President Donald Trump pardoned Zhao in October 2025, just over a year after the crypto executive completed his four-month prison term in September 2024. “The other crypto exchanges in the US don’t want me to get a pardon,” Zhao said, arguing they were concerned about Binance re-entering the US market after its exit in November 2023. The departure followed a $4.3 billion settlement with Binance and the US government over violations of the Bank Secrecy Act (BSA) and the Intern
The post Whale Alert: $300 Million In USDT Moved From Binance To Unknown Wallet appeared on BitcoinEthereumNews.com.
Whale Alert: $300 Million In USDT Moved From Binance To Unknown Wallet Skip to content
Home Crypto News Whale Alert: $300 Million in USDT Moved from Binance to Unknown Wallet
Source: https://bitcoinworld.co.in/300-million-usdt-binance-unknown-wallet-whale-alert/