Binance Traders Poured $133 Million Into Memory Stocks — Into a Selloff

The post Binance CEO: 70% Of EU User Withdrawals Moved To Self-Custodied Wallets After MiCA Exit appeared on BitcoinEthereumNews.com. When a titan of centralized exchanges fully exits a major market, regulators expect an orderly flow into supervised platforms. The European Unionu2019s Markets in Crypto-Assets framework was designed precisely for this u2014 to channel crypto activity into licensed, compliant venues. The actual data from Binanceu2019s EU shutdown suggests reality runs hard in the opposite direction. According to a report citing Binance CEO Richard Teng, approximately 70% of the funds that EU users withdrew after the exchange suspended services moved into self-custodied wallets. Only 30% ended up on MiCA-compliant platforms. For a regulatory regime built on the premise that licensing leads to consumer protection, that number is a quiet indictment of how detached the official playbook is from user behavior. The 70% That Went Outside the Tent Teng did not mince words. He ar

Start-ups are paying white-collar professionals to teach their jobs to artificial intelligence models. It’s a bonanza. It’s bleak. Where will it end?

The post Strategy or Binance: Who’s Sitting on More Unrealized Bitcoin Losses? CryptoQuant Weighs In appeared on BitcoinEthereumNews.com. Strategy has more BTC holdings than Binance, so the firm has a significantly larger unrealized loss margin than the exchange. As the business intelligence and Bitcoin treasury company Strategy just carried out its largest BTC sale this week, analysts are comparing just how deeply the firm is underwater. CryptoQuant analyst Darkfost reviewed Strategy’s Bitcoin unrealized losses compared to those of the world’s largest crypto exchange, Binance, in their latest report. This is because both entities are major BTC holders, with hundreds of thousands of digital assets sitting in their reserves. Underwater Comparisons Between Strategy and Binance According to Darkfost’s report, crypto exchanges collectively hold about 8 million BTC, with roughly 30% concentrated on Binance alone. Bitfinex, Gemini, Kraken, and OKX follow suit with more than 5% of the holdi

The post The Rise of Utility-Driven Crypto: How Africa Is Redefining What Digital Assets Are For appeared on BitcoinEthereumNews.com. JOHANNESBURG, South Africa, July 10, 2026/ –&nbspAcross Africa, cryptocurrency is shedding its reputation as a speculative asset and becoming an everyday tool for moving money, running businesses and bridging gaps left by traditional finance. Binance (www.Binance.com), the world’s leading blockchain ecosystem and cryptocurrency infrastructure provider, says this shift toward utility-driven adoption is positioning the continent as a global blueprint for how digital assets create real economic value. Unlike markets driven largely by investment appetite, African adoption is anchored in practical need. With roughly 1.3 billion adults globally still unbanked (https://apo-opa.co/4aKV78i) and a young, mobile-first population coming online at speed, digital assets are solving tangible problems. Stablecoins help freelancers receive cross-border payments, allow sm

Strategy has more BTC holdings than Binance, so the firm has a significantly larger unrealized loss margin than the exchange.

The post SHIB Price Prediction: Mid-Range Stall and Dying Volume Signal a Make-or-Break Week Ahead appeared on BitcoinEthereumNews.com. Felix Pinkston Jul 10, 2026 09:33 SHIB’s momentum is flattening at a dangerous inflection point — RSI below 45, Binance spot volume barely scraping $1.87M, and the MACD leaning bearish. The $0.0000099 structural floor is the line i… SHIB’s Technical Reality Check Buyers are hesitating, and the chart is telling you exactly why. With RSI at 40.43 — soft but not yet in oversold territory — SHIB is sitting in the most dangerous part of the momentum range: too weak to attract fresh longs, not washed out enough to trigger bottom-fishers. The MACD histogram is flat to negative, meaning the engine hasn’t turned over. This isn’t a coiled spring setup; it’s a slow bleed. What makes it worse is the Bollinger Band picture. Price parked dead center at a %B of 0.50 — precisely on the 20-day mean — with bands showing no meaningful expansion. That ki

Backpack's 24/7 trading could revolutionize global equity access, but regulatory and liquidity challenges may impact its widespread adoption. The post Backpack expands 24/7 trading for select US equities, including SpaceX, Micron, and SanDisk appeared first on Crypto Briefing.

The post TeraWulf Targets $3.5B Debt For Kentucky AI Campus appeared on BitcoinEthereumNews.com. US-listed Bitcoin mining company TeraWulf is reportedly seeking to raise $3.5 billion in debt to expand its Justified Data campus in Kentucky, a facility leased by artificial intelligence company Anthropic under a long-term agreement. The deal is expected to launch this year, with investment bank Morgan Stanley leading the financing effort, TeraWulf chief financial officer Patrick Fleury said, according to a Thursday Bloomberg report. The deal could include leveraged loans and high-yield bonds, marking TeraWulf’s first entry into the leveraged loan market, the report stated. The news comes days after TeraWulf signed a 20-year lease agreement with Anthropic for the Kentucky facility, showing how demand for AI computing capacity is creating new funding opportunities for data center operators. TeraWulf’s previous financing activity includes multibillion-dollar offerings The Justified Data camp