BitcoinEthereumNews·
The post SKY whale moves 137 mln tokens: Is a sell-off coming as price struggles near $0.060? appeared on BitcoinEthereumNews.com. With the SKY market remaining relatively calm, long-term holders have begun to reposition. According to Arkham data, an address linked to dragonfly_xyz transferred 137 million SKY, worth $9.05 million, to Coinbase. These tokens were purchased from Binance five years ago, valued at approximately $20.45 million. Source: Arkham Since then, SKY has faced extreme downward pressure. Now, these tokens have lost over $11.4 million in value. The token transfer to exchanges could either mean preparation to sell or liquidity exposure. If sold, the sale would result not only in $11 million in losses for the holder but also cause significant market pressure on SKY. SKY remains highly bearish In addition to this major market transfer, most of the SKY market participants remain skeptical. On Binance, for example, sellers have dominated the market over the past month. So
Read full articleThe anticipation of Binance's new product highlights the growing intersection of traditional finance and crypto, potentially reshaping market dynamics. The post BNB, Aster surge double digits ahead of Binance’s Monday product reveal appeared first on Crypto Briefing.
The post BNB Price Prediction: Binance Coin Targets $760 After Explosive Breakout Above Key $700 Resistance appeared on BitcoinEthereumNews.com. Binance Coin (BNB) has regained momentum after breaking above the closely watched $700 resistance level, fueled by renewed market optimism surrounding a forthcoming Binance announcement and improving technical conditions across multiple timeframes. The rally pushed BNB more than 10% higher in a short period, drawing attention from traders who have been monitoring the asset’s prolonged consolidation range. While analysts remain cautious about predicting future price movements, the breakout has shifted focus toward higher resistance zones, with $760 emerging as the next major level on the charts. Binance Announcement Hype Coincides With Technical Breakout The latest move came shortly after Binance teased an undisclosed product reveal scheduled for June 1, 2026. The announcement sparked speculation across the crypto market and coincided with a sh
The post Coinbase Launches Regulated access to Global Crypto Options and Perps appeared on BitcoinEthereumNews.com. Coinbase Financial Markets has begun offering US institutional clients access to global crypto options and perpetual futures markets through a regulated futures commission merchant, including connectivity to Deribit’s crypto options platform. Coinbase said the launch follows guidance from the Commodity Futures Trading Commission (CFTC) that allows a regulated futures commission merchant to connect US clients with global crypto derivatives liquidity. The company said Coinbase Financial Markets is the first CFTC-regulated futures commission merchant to offer such access. Deribit, which Coinbase acquired in August 2025 as part of its expansion into crypto derivatives, is the largest crypto options exchange by open interest. CoinGlass data shows Deribit held roughly $31 billion in Bitcoin options open interest on May 27, compared with $2.7 billion on OKX, $1.8 billion on Bina
The post Binance aims for 3 billion users by 2030 amid a market it says is going through hard times appeared on BitcoinEthereumNews.com. The crypto market is struggling, competitors are either passing through hard times or pivoting to other areas, while Binance is building with eyes on increasing its active user base ten-fold to 3 billion by 2030, Catherine Chen, the head of VIP and Institutional told CoinDesk in an interview. “It is true, the market is going through a hard time,” Chen said. “There is still some regulatory development, we are seeing some of our competitors either struggling or perhaps shifting their focus.” Coinbase, for example, recently reduced its workforce by 14% or nearly 700 staffers, citing negative market conditions as well as AI challenges, part of a wave of crypto employee layoffs this year. As BTC faces resistance to reclaim the psychological six-figure mark over $100,000, a level it has not seen since mid-November, the broader market seeks sustainable growt
The post Coinbase Offers Regulated Crypto Options and Perps to US Institutions appeared on BitcoinEthereumNews.com. Darius Baruo May 29, 2026 17:26 Coinbase launches CFTC-regulated access to crypto options and perpetual futures through Deribit, targeting US institutions. Coinbase Financial Markets has launched access to global crypto options and perpetual futures for U.S. institutional clients, marking a significant step in bringing crypto derivatives into regulated U.S. markets. The offering, enabled through Coinbase’s regulated futures commission merchant (FCM) and Deribit, comes under the oversight of the Commodity Futures Trading Commission (CFTC), according to an announcement on May 29, 2026. Deribit, acquired by Coinbase in August 2025, is the largest crypto options exchange by open interest. It held approximately $31 billion in bitcoin options open interest as of May 27, 2026, dwarfing competitors like OKX ($2.7 billion), Binance ($1.8 billion), and Bybit ($1.2
Cross-chain protocol Gravity Bridge was drained of roughly $5.4 million on May 30, with the attacker reportedly funneling part of the haul through Binance and Changenow, blockchain security firm Peckshield reported. Funds Routed Through Binance and ChangeNow Gravity Bridge, a protocol that moves tokens between Ethereum and the Cosmos ecosystem, lost about $5.4 million in […]
Comet's integration of real-time crypto data could revolutionize market accessibility but raises significant security concerns for financial transactions. The post Perplexity launches AI-powered browser Comet with Coinbase crypto data integration appeared first on Crypto Briefing.
The post Buy Side Explodes: XRP Liquidity 7x Heavier Than Sells On Coinbase appeared on BitcoinEthereumNews.com. They say journalists never truly clock out. But for Christian, that’s not just a metaphor, it’s a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn. Christian’s journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer for his college paper. This early love for storytelling paved the way for a successful stint as an editor at a data engineering firm, where his first-month essay win funded a months-long supply of doggie and kitty treats – a testament to his dedication to his furry companions (more on that later). Christian then roamed the world
