Tag: Binance

Ethereum bears keep selling but ETH price stays near $2,700 as US spot ETFs record $206M in outflows

Ethereum spot ETFs recorded significant outflows while derivatives traders executed aggressive sales. Despite bearish pressures and shifting dormant tokens, the ETH price held steady near $2,700.

Ten tokens held 62% of altcoin futures exposure, but shared collateral can put other positions at risk

A Talos report reveals ten tokens held 62% of altcoin futures exposure, with record-high open interest relative to market capitalization and volatile funding rates across platforms like Binance and Hyperliquid.

Bitcoin hits $85,000 after $648M wipeout forces mass buying

Bitcoin surged past $85,000 as mass short liquidations forced a rapid rally. The digital asset cleared key technical indicators, though underlying network activity remained subdued compared to derivatives trading.

Offshore Bitcoin futures crash 97% as traders abandon traditional risk

Offshore Bitcoin dated futures volume has crashed 97% since 2021 as traders split their activity between perpetual futures and options, according to Glassnode and CryptoSlate data.

Anthropic’s potential $2 trillion IPO is fueling an $80 million crypto trade

Anticipation surrounding Anthropic's potential $2 trillion IPO has driven nearly $80 million in crypto derivatives trading, highlighting a growing trend of crypto exchanges pricing private artificial intelligence firms before their public market debuts.