The post USD1 enters Binance Futures as a primary settlement stablecoin: Details appeared on BitcoinEthereumNews.com.
The Trump family-linked stablecoin World Liberty Financial USD [USD1] has scored a major scaling milestone on the Binance exchange. On Thursday, the exchange announced that it will launch the BTC/USD1 pair in its Futures section from the 18th of May. According to Binance, the move would – Expand the list of trading choices and enhance users’ trading experience. Notably, this will be the first time WLFI’s USD1 is used as a direct settlement on the platform. Previously, it was only a secondary collateral option, meaning traders who held USD1 could only use it to borrow USDT. Now, profits, losses, and even Funding Rates will all be realized in USD1, just like typical USDT trade pairs. Commenting on the update, Zach Witkoff, WLFI CEO, said, Major milestone for $USD1 and the future of onchain markets. The launch of the USD1/BTC perpetual pair on Binance is another step t
The post Bitcoin Eyes $90K Breakout as CVD Flashes Fragile Demand appeared on BitcoinEthereumNews.com.
Bitcoin holds above the 21-day moving average, keeping the $90K breakout setup active. CVD data fell from $50M to $6.5M on Binance and from $30M to $5.7M on Coinbase. Weak spot demand and macro uncertainty are making Bitcoin’s rally more fragile. Bitcoin remains positioned near a key breakout zone, but fresh market data shows the rally is becoming more fragile. The latest chart shared by Michaël van de Poppe shows BTC’s price action holding above the 21-day moving average, keeping the $90,000 level in focus. The setup still points to upside potential if momentum improves next week. However, CVD data shared by Darkfost shows weakening buyer strength across major spot venues, adding pressure to the bullish case. Spot Demand Loses Strength Across Major Exchanges Darkfost’s Cumulative Volume Delta analysis showed that spot demand weakened sharply after stronger March readings. According t
ZachXBT warns THORChain may have lost over $10M across Bitcoin, Ethereum, BSC, and Base as the protocol halts trading. Blockchain investigator ZachXBT has warned that THORChain may have suffered a multi-chain exploit, with losses above $10 million. The alert named Bitcoin, Ethereum, BSC, and Base as affected chains. Soon after, THORChain paused trading and carried […]
The post ZachXBT Issues THORChain Alert As Multi Chain Losses May Exceed Ten Million appeared first on Live Bitcoin News.
The post XRP leverage ratio rises to a 2-month high on Binance appeared on BitcoinEthereumNews.com.
The XRP derivatives exposure on Binance has surged to a 2-month high, raising the risk of a liquidation cascade if price momentum reverses. As of May 15, the Estimated Leverage Ratio (ELR) for XRP on Binance, which measures the ratio of derivative exposure to underlying collateral, has climbed to approximately 0.179, its highest level in two months, according to data from CryptoQuant analyzed by Finbold. As such, the risk in the derivatives market has spiked as the token retested a crucial supply level around $1.50. ELR’s for XRP on Binance. Source: CryptoQuant Historically, an elevated ELR has raised the odds of further capitulation, catalyzed by a long squeeze – a scenario when a price drop forces leveraged long positions into liquidation, thus strengthening selling pressure. As such, should XRP price reverse sharply, the elevated leverage could trigger a series of forc
The post Zcash price dips after surge, but bullish momentum remains intact appeared on BitcoinEthereumNews.com.
Zcash price fell to intraday lows of $532 after surging above $570. Over $5.1 million in Zcash futures positions were liquidated in the last 24 hours. Bullish case remains if buyers hold $500, but a breakdown could push ZEC toward $370. Zcash (ZEC) fell back below the $550 level on Friday morning, trading near $530 as profit-taking emerged across the broader cryptocurrency market. The pullback has coincided with elevated activity in derivatives markets, which analysts say suggests traders are still adjusting leverage and positioning following the token’s recent rally. Zcash price drops below $550 Market data shows Zcash (ZEC) has declined over the past 24 hours, falling to intraday lows near $532. The pullback follows a strong rally that pushed the token above $570 on Thursday, May 14. The earlier gains came after The Wall Street Journal published an article comparing Bitcoin
The post Interesting Report from Binance: Concerns $75 Billion Worth of Cryptocurrencies! appeared on BitcoinEthereumNews.com.
Interesting Report from Binance: Concerns $75 Billion Worth of Cryptocurrencies! – Bitcoin Sistemi
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Zcash price fell to intraday lows of $532 after surging above $570. Over $5.1 million in Zcash futures positions were liquidated in the last 24 hours. Bullish case remains if buyers hold $500, but a breakdown could push ZEC toward $370. Zcash (ZEC) fell back below the $550 level on Friday morning, trading near $530 […]
The post Zcash price dips after surge, but bullish momentum remains intact appeared first on CoinJournal.
The lawsuit highlights the critical need for clear communication and investor awareness in DeFi, beyond just the transparency of on-chain code.
The post World Liberty Financial co-founder defends transparency of smart contracts amid Justin Sun lawsuit appeared first on Crypto Briefing.
