Binance

Binance Futures Volume Soars Past $1T: Is Leverage Fueling the Crypto Rally?

Binance Futures Volume Soars Past $1T: Is Leverage Fueling the Crypto Rally?

Leave a Comment / Binance, Futures /

The crypto derivatives market is roaring back to life, with Binance Futures leading the charge as its latest monthly trading volume surged past $1.04 trillion, eclipsing February’s $962 billion and March’s $683 billion. This growth in activity has coincided with Bitcoin’s latest rise from the $85,000 level to beyond $94,000, sparking fresh debate over the […]

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Binance Traders Bet Big on XRP and ADA: Should You Be Worried?

Binance Traders Bet Big on XRP and ADA: Should You Be Worried?

Leave a Comment / Binance, Traders /

TL;DR Binance futures traders are highly bullish on the two large-cap altcoins, according to recent data. However, both assets have headed south in the past day or so, which raises the question of whether too much optimism among crypto traders doesn’t lead to actual corrections. 70.33% of Binance traders with open $XRP futures positions are

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Binance Pay Transactions Hit $72.4 Billion as Crypto Adoption Accelerates

Binance Pay Transactions Hit $72.4 Billion as Crypto Adoption Accelerates

Leave a Comment / Binance, Transactions /

The use of cryptocurrency for payments has seen significant growth, as evidenced by Binance Pay’s expanding user base and transaction volume in 2024. According to data provided by Binance and analyzed by CryptoQuant, the number of Binance Pay users tripled from the previous year, reaching 41.7 million. This rapid adoption highlights the increasing role of

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Binance and SEC Agree to 60-Day Pause in Legal Proceedings

Binance and SEC Agree to 60-Day Pause in Legal Proceedings

Leave a Comment / Agree, Binance /

Binance and the US Securities and Exchange Commission (SEC) have jointly filed a motion to pause the latter’s lawsuit against the crypto exchange for 60 days. This action follows the recent appointment of Chairman Mark Uyeda, who assumed leadership of the SEC last month. The motion references the SEC’s newly established crypto task force as

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