[MARA-linked addresses send 1,000 BTC to exchanges over 5 days]
Addresses linked to Bitcoin miner MARA Holdings (Nasdaq: MARA) deposited 1,000 BTC, worth about $82.8 million, to centralized exchanges including Binance and Gate over the past five days, according to an analysis by Lookonchain. Such exchange deposits are typically interpreted as intended for selling. MARA Holdings has continued selling mined and held BTC for cash this year.
https://coinness.com/en/news/1172171
Addresses linked to Bitcoin miner MARA Holdings (Nasdaq: MARA) deposited 1,000 BTC, worth about $82.8 million, to centralized exchanges including Binance and Gate over the past five days, according to an analysis by Lookonchain. Such exchange deposits are typically interpreted as intended for selling. MARA Holdings has continued selling mined and held BTC for cash this year.
https://coinness.com/en/news/1172171
CoinNess
MARA-linked addresses send 1,000 BTC to exchanges over 5 days - CoinNess
Addresses linked to Bitcoin miner MARA Holdings (Nasdaq: MARA) deposited 1,000 BTC, worth about $82.8 million, to centralized exchanges including Binance and Ga...
[XRPL lending bug fix set for Oct. 23 pending continued validator support]
A bug-fix patch for the XRP Ledger, fixCleanup3_4_0, is expected to take effect around 9:34 a.m. UTC on Oct. 23 after securing support from 29 validators, CoinDesk reported. Because that backing only meets the minimum threshold, the countdown would restart if even one validator withdraws support.
The patch includes a fix tied to XRPL’s lending feature, which Ripple has been pursuing for banks and payments firms. Even if the patch is implemented as scheduled, that would not amount to final approval for the launch of the lending system. Under XRPL’s governance process, changes must win support from 29 of the network’s 35 default trusted validators, or more than 80%, and maintain that level of backing for two straight weeks to be approved.
https://coinness.com/en/news/1172172
A bug-fix patch for the XRP Ledger, fixCleanup3_4_0, is expected to take effect around 9:34 a.m. UTC on Oct. 23 after securing support from 29 validators, CoinDesk reported. Because that backing only meets the minimum threshold, the countdown would restart if even one validator withdraws support.
The patch includes a fix tied to XRPL’s lending feature, which Ripple has been pursuing for banks and payments firms. Even if the patch is implemented as scheduled, that would not amount to final approval for the launch of the lending system. Under XRPL’s governance process, changes must win support from 29 of the network’s 35 default trusted validators, or more than 80%, and maintain that level of backing for two straight weeks to be approved.
https://coinness.com/en/news/1172172
CoinNess
XRPL lending bug fix set for Oct. 23 pending continued validator support - CoinNess
A bug-fix patch for the XRP Ledger, fixCleanup3_4_0, is expected to take effect around 9:34 a.m. UTC on Oct. 23 after securing support from 29 validators, CoinD...
[South Korea watchdog chief says crypto scam pace outstrips current oversight]
Lee Chan-jin, governor of South Korea’s Financial Supervisory Service, said current supervisory capabilities are struggling to keep up with the speed of on-chain fraud involving virtual assets, or digital assets, Digital Asset reported.
The remarks came after criticism over about 2.8 billion won ($2.0 million) in losses from a fake chain impersonating GIWA, a blockchain mainnet under development by Dunamu. During a National Policy Committee audit of the Financial Supervisory Service at the National Assembly in Seoul on Oct. 19, Democratic Party lawmaker Min Byoung-dug said Lee was unaware of the incident. Min added the regulator also did not know the scale of the losses and said its oversight capacity for the digital-asset market needs to be strengthened.
Min argued the regulator should secure dedicated blockchain forensics personnel and establish supervisory standards for large exchanges and blockchain networks.
https://coinness.com/en/news/1172173
See more: https://www.digitalasset.works/news/articleView.html?idxno=43675
Lee Chan-jin, governor of South Korea’s Financial Supervisory Service, said current supervisory capabilities are struggling to keep up with the speed of on-chain fraud involving virtual assets, or digital assets, Digital Asset reported.
The remarks came after criticism over about 2.8 billion won ($2.0 million) in losses from a fake chain impersonating GIWA, a blockchain mainnet under development by Dunamu. During a National Policy Committee audit of the Financial Supervisory Service at the National Assembly in Seoul on Oct. 19, Democratic Party lawmaker Min Byoung-dug said Lee was unaware of the incident. Min added the regulator also did not know the scale of the losses and said its oversight capacity for the digital-asset market needs to be strengthened.
Min argued the regulator should secure dedicated blockchain forensics personnel and establish supervisory standards for large exchanges and blockchain networks.
https://coinness.com/en/news/1172173
See more: https://www.digitalasset.works/news/articleView.html?idxno=43675
CoinNess
South Korea watchdog chief says crypto scam pace outstrips current oversight - CoinNess
Lee Chan-jin, governor of South Korea’s Financial Supervisory Service, said current supervisory capabilities are struggling to keep up with the speed of on-ch...
[93% of South Korea crypto industry survey respondents call for tax delay]
More than nine in 10 people surveyed across South Korea’s digital-asset industry and expert community said cryptocurrency taxation set for next year should be delayed, citing difficulty obtaining transaction data from overseas exchanges and personal wallets as well as unclear tax standards for new transaction types such as staking and airdrops, the Seoul Economic Daily reported.
In an emergency survey of 30 people conducted by the Seoul Economic Daily, including officials at major domestic cryptocurrency exchanges, custody firms, blockchain infrastructure companies, and academic and legal experts, 93.3% or 28 respondents said implementation should be postponed until next year. Of those, 70% said they strongly supported a delay and 23.3% said they supported one. Only one respondent opposed a postponement.
Asked whether South Korea’s National Tax Service could accurately identify and tax transactions on overseas exchanges and in personal wallets, 86.7% answered negatively, while just 6.7% gave a positive assessment. Respondents also cited the introduction of loss carryforward deductions as a key area for improvement, according to the report.
https://coinness.com/en/news/1172174
See more: https://n.news.naver.com/mnews/article/011/0004672525?sid=101
More than nine in 10 people surveyed across South Korea’s digital-asset industry and expert community said cryptocurrency taxation set for next year should be delayed, citing difficulty obtaining transaction data from overseas exchanges and personal wallets as well as unclear tax standards for new transaction types such as staking and airdrops, the Seoul Economic Daily reported.
In an emergency survey of 30 people conducted by the Seoul Economic Daily, including officials at major domestic cryptocurrency exchanges, custody firms, blockchain infrastructure companies, and academic and legal experts, 93.3% or 28 respondents said implementation should be postponed until next year. Of those, 70% said they strongly supported a delay and 23.3% said they supported one. Only one respondent opposed a postponement.
Asked whether South Korea’s National Tax Service could accurately identify and tax transactions on overseas exchanges and in personal wallets, 86.7% answered negatively, while just 6.7% gave a positive assessment. Respondents also cited the introduction of loss carryforward deductions as a key area for improvement, according to the report.
https://coinness.com/en/news/1172174
See more: https://n.news.naver.com/mnews/article/011/0004672525?sid=101
CoinNess
93% of South Korea crypto industry survey respondents call for tax delay - CoinNess
More than nine in 10 people surveyed across South Korea’s digital-asset industry and expert community said cryptocurrency taxation set for next year should be...
[BTC spot CVD chart at 5:30 a.m. UTC on Oct. 19]
Spot CVD is an order book analysis chart for the BTC/USDT spot trading pair. The upper panel shows the volume heatmap, while the lower panel shows cumulative volume delta, or CVD.
- The volume heatmap tracks trading volume at each price level. The background becomes brighter when the price stays in a specific range for an extended period or makes a large move. Brighter zones may act as support or resistance.
- The CVD indicator shows buy and sell orders by order size. As buy orders increase, the line for the corresponding color moves higher. The yellow line represents orders between $100 and $1,000, while the brown line reflects large orders between $1 million and $10 million.
https://coinness.com/en/news/1172175
Spot CVD is an order book analysis chart for the BTC/USDT spot trading pair. The upper panel shows the volume heatmap, while the lower panel shows cumulative volume delta, or CVD.
- The volume heatmap tracks trading volume at each price level. The background becomes brighter when the price stays in a specific range for an extended period or makes a large move. Brighter zones may act as support or resistance.
- The CVD indicator shows buy and sell orders by order size. As buy orders increase, the line for the corresponding color moves higher. The yellow line represents orders between $100 and $1,000, while the brown line reflects large orders between $1 million and $10 million.
https://coinness.com/en/news/1172175
CoinNess
BTC spot CVD chart at 5:30 a.m. UTC on Oct. 19 - CoinNess
Spot CVD is an order book analysis chart for the BTC/USDT spot trading pair. The upper panel shows the volume heatmap, while the lower panel shows cumulative vo...
[Zcash developers seek stronger ZEC swap privacy against future quantum threats]
The Zakura development team, which builds software based on Zcash, is pursuing a way to strengthen the privacy of ZEC transactions made through the cross-chain swap service NEAR Intents, CoinDesk reported. The team aims to assign a separate viewing key to each swap to reduce the risk that transaction records could be exposed by attacks from future quantum computers.
At present, when users swap privacy-protected ZEC for USDC through NEAR Intents, the user’s Zcash address is disclosed on NEAR’s public blockchain so unused ZEC can be refunded. Even if a transaction is completed normally and no refund is needed, the address remains publicly visible.
While deriving a private key from a public address is difficult with conventional computers, a sufficiently powerful quantum computer running Shor’s algorithm could theoretically attack the related cryptographic system. Under Zakura’s proposal, each swap would use a separate viewing key, while the key with authority to spend funds would remain in the user’s primary account. That would limit any transaction history visible to an attacker, even if the key for a specific refund address were exposed, to information related only to that swap.
https://coinness.com/en/news/1172176
The Zakura development team, which builds software based on Zcash, is pursuing a way to strengthen the privacy of ZEC transactions made through the cross-chain swap service NEAR Intents, CoinDesk reported. The team aims to assign a separate viewing key to each swap to reduce the risk that transaction records could be exposed by attacks from future quantum computers.
At present, when users swap privacy-protected ZEC for USDC through NEAR Intents, the user’s Zcash address is disclosed on NEAR’s public blockchain so unused ZEC can be refunded. Even if a transaction is completed normally and no refund is needed, the address remains publicly visible.
While deriving a private key from a public address is difficult with conventional computers, a sufficiently powerful quantum computer running Shor’s algorithm could theoretically attack the related cryptographic system. Under Zakura’s proposal, each swap would use a separate viewing key, while the key with authority to spend funds would remain in the user’s primary account. That would limit any transaction history visible to an attacker, even if the key for a specific refund address were exposed, to information related only to that swap.
https://coinness.com/en/news/1172176
[Mirae Asset Securities targets Q1 launch for tokenized products next year]
Mirae Asset Securities is pursuing a business plan aimed at launching tokenized products in the first quarter of next year, Digital Asset reported. As its first products, the firm is primarily reviewing an institutional private money market fund and privately placed bonds.
A money market fund mainly invests in short-term financial instruments. Unlike public offerings, private placements raise funds from a limited pool of investors. The outlet added that a specific launch date, product structure, and the issuance and distribution methods have not been confirmed.
https://coinness.com/en/news/1172177
See more: https://www.digitalasset.works/news/articleView.html?idxno=43677
Mirae Asset Securities is pursuing a business plan aimed at launching tokenized products in the first quarter of next year, Digital Asset reported. As its first products, the firm is primarily reviewing an institutional private money market fund and privately placed bonds.
A money market fund mainly invests in short-term financial instruments. Unlike public offerings, private placements raise funds from a limited pool of investors. The outlet added that a specific launch date, product structure, and the issuance and distribution methods have not been confirmed.
https://coinness.com/en/news/1172177
See more: https://www.digitalasset.works/news/articleView.html?idxno=43677
CoinNess
Mirae Asset Securities targets Q1 launch for tokenized products next year - CoinNess
Mirae Asset Securities is pursuing a business plan aimed at launching tokenized products in the first quarter of next year, Digital Asset reported. As its first...
[BTC perp long/short ratios on top exchanges by open interest]
The following are the 24-hour long/short ratios for BTC perpetual futures on the world’s three largest crypto futures exchanges by open interest:
Overall: 50.04% long, 49.96% short
- Binance: 50.49% long, 49.51% short
- OKX: 48.85% long, 51.15% short
- Bybit: 49.94% long, 50.06% short
https://coinness.com/en/news/1172178
The following are the 24-hour long/short ratios for BTC perpetual futures on the world’s three largest crypto futures exchanges by open interest:
Overall: 50.04% long, 49.96% short
- Binance: 50.49% long, 49.51% short
- OKX: 48.85% long, 51.15% short
- Bybit: 49.94% long, 50.06% short
https://coinness.com/en/news/1172178
CoinNess
BTC perp long/short ratios on top exchanges by open interest - CoinNess
The following are the 24-hour long/short ratios for BTC perpetual futures on the world’s three largest crypto futures exchanges by open interest: Overall: 50....
[Bybit says it recouped full $1.5B hacking loss by late last year]
Bybit had fully recouped about $1.5 billion in losses from a North Korean hacking attack by late last year through operating revenue such as trading fees, CEO Ben Zhou said in an interview with Colin Wu, the operator of crypto media outlet WuBlockchain, BlockBeats reported.
Zhou said exchanges hit by hacks would continue to emerge and stressed security systems should be designed on the assumption they will be breached. On industry competition, Zhou said the period of rapid expansion by global exchanges has passed, and while consolidation among exchanges is likely ahead, exchanges with local licenses, operational capabilities and a focus on specific regions still have room to grow. Zhou added Bybit's profit this year has fallen from a year earlier, and its traditional asset trading business, including stocks, is still not enough to offset weakness in its crypto business. Zhou also said Bybit is waiting for an opportunity to enter the U.S. market, prefers working with institutions that already have a local retail investor base, and plans to focus over the next year on regional business expansion and localization, according to BlockBeats.
https://coinness.com/en/news/1172179
Bybit had fully recouped about $1.5 billion in losses from a North Korean hacking attack by late last year through operating revenue such as trading fees, CEO Ben Zhou said in an interview with Colin Wu, the operator of crypto media outlet WuBlockchain, BlockBeats reported.
Zhou said exchanges hit by hacks would continue to emerge and stressed security systems should be designed on the assumption they will be breached. On industry competition, Zhou said the period of rapid expansion by global exchanges has passed, and while consolidation among exchanges is likely ahead, exchanges with local licenses, operational capabilities and a focus on specific regions still have room to grow. Zhou added Bybit's profit this year has fallen from a year earlier, and its traditional asset trading business, including stocks, is still not enough to offset weakness in its crypto business. Zhou also said Bybit is waiting for an opportunity to enter the U.S. market, prefers working with institutions that already have a local retail investor base, and plans to focus over the next year on regional business expansion and localization, according to BlockBeats.
https://coinness.com/en/news/1172179
CoinNess
Bybit says it recouped full $1.5B hacking loss by late last year - CoinNess
Bybit had fully recouped about $1.5 billion in losses from a North Korean hacking attack by late last year through operating revenue such as trading fees, CEO B...
[Dunamu, Bithumb shares slide to yearly lows]
Shares of cryptocurrency exchanges have fallen to their lowest levels of the year, as weak trading activity, delays in establishing a legal framework and lingering uncertainty over crypto taxation cool investor interest, Bizwatch reported.
According to Naver Pay Unlisted, shares of Dunamu, the operator of South Korean exchange Upbit, traded at 236,000 won ($171) on Oct. 16. Dunamu’s stock had climbed to 370,000 won when it announced a share swap with Naver Financial in November last year, but has since declined steadily to its lowest level this year.
Bithumb’s share price has fallen about 57% over the past year. After trading near 350,000 won following its relisting after the spin-off of Bithumb Asset in November last year, the stock is now changing hands in the 140,000 won range.
https://coinness.com/en/news/1172180
See more: https://news.bizwatch.co.kr/article/mobile/2026/10/19/0019
Shares of cryptocurrency exchanges have fallen to their lowest levels of the year, as weak trading activity, delays in establishing a legal framework and lingering uncertainty over crypto taxation cool investor interest, Bizwatch reported.
According to Naver Pay Unlisted, shares of Dunamu, the operator of South Korean exchange Upbit, traded at 236,000 won ($171) on Oct. 16. Dunamu’s stock had climbed to 370,000 won when it announced a share swap with Naver Financial in November last year, but has since declined steadily to its lowest level this year.
Bithumb’s share price has fallen about 57% over the past year. After trading near 350,000 won following its relisting after the spin-off of Bithumb Asset in November last year, the stock is now changing hands in the 140,000 won range.
https://coinness.com/en/news/1172180
See more: https://news.bizwatch.co.kr/article/mobile/2026/10/19/0019
CoinNess
Dunamu, Bithumb shares slide to yearly lows - CoinNess
Shares of cryptocurrency exchanges have fallen to their lowest levels of the year, as weak trading activity, delays in establishing a legal framework and linger...
[FSS chief says stronger crypto oversight framework under discussion with FIU]
Lee Chan-jin, governor of South Korea’s Financial Supervisory Service, said authorities are working with the Financial Intelligence Unit to establish a stronger virtual asset oversight framework after a series of internal control failures at major virtual asset service providers, including Bithumb, according to Newsis.
Speaking at a National Assembly audit on Oct. 19, Lee made the remarks in response to Democratic Party lawmaker Lee Kang-il’s criticism that oversight of virtual assets is split among the Financial Services Commission, the Financial Supervisory Service, the Financial Intelligence Unit and the Bank of Korea. Lee said an enhanced supervisory framework is reflected in the government’s draft of the Framework Act on Digital Assets, the second phase of legislation, although it has not yet been announced. Lee also said coordination with the FIU has already been strengthened and discussions on building a new oversight system are nearly complete.
https://coinness.com/en/news/1172181
See more: https://www.newsis.com/view/NISX20261019_0003831881
Lee Chan-jin, governor of South Korea’s Financial Supervisory Service, said authorities are working with the Financial Intelligence Unit to establish a stronger virtual asset oversight framework after a series of internal control failures at major virtual asset service providers, including Bithumb, according to Newsis.
Speaking at a National Assembly audit on Oct. 19, Lee made the remarks in response to Democratic Party lawmaker Lee Kang-il’s criticism that oversight of virtual assets is split among the Financial Services Commission, the Financial Supervisory Service, the Financial Intelligence Unit and the Bank of Korea. Lee said an enhanced supervisory framework is reflected in the government’s draft of the Framework Act on Digital Assets, the second phase of legislation, although it has not yet been announced. Lee also said coordination with the FIU has already been strengthened and discussions on building a new oversight system are nearly complete.
https://coinness.com/en/news/1172181
See more: https://www.newsis.com/view/NISX20261019_0003831881
CoinNess
FSS chief says stronger crypto oversight framework under discussion with FIU - CoinNess
Lee Chan-jin, governor of South Korea’s Financial Supervisory Service, said authorities are working with the Financial Intelligence Unit to establish a strong...
[400,000 Hyperliquid app users post $280M in cumulative losses]
About 400,000 wallets that traded Hyperliquid perpetual futures through six third-party apps tied to Hyperliquid have posted cumulative losses of $280 million, according to Hypurrdash analysis shared on X by Mike Dudas, founder of crypto media outlet The Block and a venture capitalist. The analysis covered Phantom, MetaMask, Rabby, Trust Wallet, Invo and Pomo.
More than half of the total losses came from app usage fees rather than trading losses themselves. Only one in seven users remained active three months after they began trading.
https://coinness.com/en/news/1172182
About 400,000 wallets that traded Hyperliquid perpetual futures through six third-party apps tied to Hyperliquid have posted cumulative losses of $280 million, according to Hypurrdash analysis shared on X by Mike Dudas, founder of crypto media outlet The Block and a venture capitalist. The analysis covered Phantom, MetaMask, Rabby, Trust Wallet, Invo and Pomo.
More than half of the total losses came from app usage fees rather than trading losses themselves. Only one in seven users remained active three months after they began trading.
https://coinness.com/en/news/1172182
CoinNess
400,000 Hyperliquid app users post $280M in cumulative losses - CoinNess
About 400,000 wallets that traded Hyperliquid perpetual futures through six third-party apps tied to Hyperliquid have posted cumulative losses of $280 million, ...
[Shinhan Bank, Crypto.com complete stablecoin payment PoC for foreign tourists]
Shinhan Bank has completed a proof of concept for a next-generation payment system for foreign tourists with global crypto exchange Crypto.com and payment services provider KSNET, SBS Biz reported.
The trial verified a structure in K-beauty and medical settings in which foreign tourists pay with dollar-denominated stablecoins through Crypto.com Pay while South Korean merchants receive settlements in won. Ahead of a full commercial launch, the project was carried out as a limited pilot with on-site merchants including major South Korean hospitals and clinics.
https://coinness.com/en/news/1172183
See more: https://biz.sbs.co.kr/article/20000340460?division=NAVER
Shinhan Bank has completed a proof of concept for a next-generation payment system for foreign tourists with global crypto exchange Crypto.com and payment services provider KSNET, SBS Biz reported.
The trial verified a structure in K-beauty and medical settings in which foreign tourists pay with dollar-denominated stablecoins through Crypto.com Pay while South Korean merchants receive settlements in won. Ahead of a full commercial launch, the project was carried out as a limited pilot with on-site merchants including major South Korean hospitals and clinics.
https://coinness.com/en/news/1172183
See more: https://biz.sbs.co.kr/article/20000340460?division=NAVER
CoinNess
Shinhan Bank, Crypto.com complete stablecoin payment PoC for foreign tourists - CoinNess
Shinhan Bank has completed a proof of concept for a next-generation payment system for foreign tourists with global crypto exchange Crypto.com and payment servi...
[CZ jabs Peter Schiff over 13 years of BTC-to-zero calls]
Binance founder Zhao Changpeng took aim at Bitcoin bear Peter Schiff on X, saying Schiff’s forecast may eventually prove correct, but only if Schiff changes his stance on BTC. Earlier, crypto influencer The Bitcoin Historian said Schiff has consistently argued for the past 13 years that BTC would fall to $0.
https://coinness.com/en/news/1172184
Binance founder Zhao Changpeng took aim at Bitcoin bear Peter Schiff on X, saying Schiff’s forecast may eventually prove correct, but only if Schiff changes his stance on BTC. Earlier, crypto influencer The Bitcoin Historian said Schiff has consistently argued for the past 13 years that BTC would fall to $0.
https://coinness.com/en/news/1172184
CoinNess
CZ jabs Peter Schiff over 13 years of BTC-to-zero calls - CoinNess
Binance founder Zhao Changpeng took aim at Bitcoin bear Peter Schiff on X, saying Schiff’s forecast may eventually prove correct, but only if Schiff changes h...
[Justin Sun says Hyperliquid growth hinges on U.S. regulatory direction]
Tron founder Justin Sun described Hyperliquid (HYPE) as one of the most notable projects to emerge in the current market cycle, Odaily reported. Sun said Hyperliquid opened new possibilities for the industry through U.S. equity perpetual futures, adding that if U.S. regulators allow the platform a regulatory exemption similar to Uniswap’s, many centralized exchanges could shift to a decentralized exchange model. He added that tighter regulation would put Hyperliquid under significant pressure.
Sun also said Hyperliquid still lags locally compliant firms such as Circle in its regulatory response and operational capabilities in the U.S.
https://coinness.com/en/news/1172185
Tron founder Justin Sun described Hyperliquid (HYPE) as one of the most notable projects to emerge in the current market cycle, Odaily reported. Sun said Hyperliquid opened new possibilities for the industry through U.S. equity perpetual futures, adding that if U.S. regulators allow the platform a regulatory exemption similar to Uniswap’s, many centralized exchanges could shift to a decentralized exchange model. He added that tighter regulation would put Hyperliquid under significant pressure.
Sun also said Hyperliquid still lags locally compliant firms such as Circle in its regulatory response and operational capabilities in the U.S.
https://coinness.com/en/news/1172185
CoinNess
Justin Sun says Hyperliquid growth hinges on U.S. regulatory direction - CoinNess
Tron founder Justin Sun described Hyperliquid (HYPE) as one of the most notable projects to emerge in the current market cycle, Odaily reported. Sun said Hyperl...
[Coinone to delist GALA on Nov. 19]
South Korean exchange Coinone announced the delisting of GALA at 6:00 a.m. UTC on Nov. 19.
The exchange said GALA had been placed on a delisting watchlist after a security incident, including an unexplained or unresolved hack, occurred on Aug. 18 involving a virtual-asset wallet managed by the issuer or operator, or a distributed ledger where the asset is issued, transferred or stored, and after it was confirmed that material information that could significantly affect users’ reasonable investment decisions or the asset’s value had not been disclosed in a timely manner. Coinone added it had not identified sufficient evidence to conclude the reasons for the delisting watchlist designation had been resolved.
https://coinness.com/en/news/1172186
South Korean exchange Coinone announced the delisting of GALA at 6:00 a.m. UTC on Nov. 19.
The exchange said GALA had been placed on a delisting watchlist after a security incident, including an unexplained or unresolved hack, occurred on Aug. 18 involving a virtual-asset wallet managed by the issuer or operator, or a distributed ledger where the asset is issued, transferred or stored, and after it was confirmed that material information that could significantly affect users’ reasonable investment decisions or the asset’s value had not been disclosed in a timely manner. Coinone added it had not identified sufficient evidence to conclude the reasons for the delisting watchlist designation had been resolved.
https://coinness.com/en/news/1172186
CoinNess
Coinone to delist GALA on Nov. 19 - CoinNess
South Korean exchange Coinone announced the delisting of GALA at 6:00 a.m. UTC on Nov. 19. The exchange said GALA had been placed on a delisting watchlist afte...
[XRP held on exchanges rises to 11.81 billion, among top 1% over past year]
XRP holdings on cryptocurrency exchanges rose to about 11.81 billion tokens, placing them in the top 1% of levels seen over the past year, CoinGape reported. According to CryptoQuant data, sellable XRP supply has been building on exchanges, while Binance XRP futures open interest fell about 15.8% from earlier this month. Over the same period, forced liquidations of long positions also surged.
On-chain analyst CryptoOnchain said on X, "선물시장의 레버리지는 해소됐지만 거래소 물량은 그만큼 줄지 않았다" Media outlet explained that while leveraged traders have been pushed out of the market, XRP sent to exchanges still remains there. It added that higher exchange balances do not necessarily signal selling, but price volatility could increase if actual sell orders rise. Over the next five to 10 trading days, the direction of net XRP flows into and out of exchanges will be important, according to the report. If exchange balances keep falling while spot ETF net inflows and on-chain activity are maintained, the assessment of short-term risk could change. Meanwhile, cumulative net inflows into spot XRP ETFs stand at about $1.8 billion, although recent daily net inflows have slowed.
https://coinness.com/en/news/1172187
XRP holdings on cryptocurrency exchanges rose to about 11.81 billion tokens, placing them in the top 1% of levels seen over the past year, CoinGape reported. According to CryptoQuant data, sellable XRP supply has been building on exchanges, while Binance XRP futures open interest fell about 15.8% from earlier this month. Over the same period, forced liquidations of long positions also surged.
On-chain analyst CryptoOnchain said on X, "선물시장의 레버리지는 해소됐지만 거래소 물량은 그만큼 줄지 않았다" Media outlet explained that while leveraged traders have been pushed out of the market, XRP sent to exchanges still remains there. It added that higher exchange balances do not necessarily signal selling, but price volatility could increase if actual sell orders rise. Over the next five to 10 trading days, the direction of net XRP flows into and out of exchanges will be important, according to the report. If exchange balances keep falling while spot ETF net inflows and on-chain activity are maintained, the assessment of short-term risk could change. Meanwhile, cumulative net inflows into spot XRP ETFs stand at about $1.8 billion, although recent daily net inflows have slowed.
https://coinness.com/en/news/1172187
CoinNess
XRP held on exchanges rises to 11.81 billion, among top 1% over past year - CoinNess
XRP holdings on cryptocurrency exchanges rose to about 11.81 billion tokens, placing them in the top 1% of levels seen over the past year, CoinGape reported. Ac...
[Bitcoin futures OI declines, signaling weaker speculative demand]
Open interest in the Bitcoin futures market has been trending lower, suggesting speculative trading demand is easing, according to an AMBCrypto analysis.
The outlet said the seven-day moving average of Bitcoin futures open interest recently fell below the 365-day moving average, marking the second such instance since Aug. 25. It said the shift suggests bullish sentiment that had gained traction in the derivatives market in early September is weakening again. The outlet added that spot Bitcoin ETFs posted net outflows for a second straight week, indicating spot demand has also turned lower. ETF outflows, however, narrowed to $228.4 billion from $678.9 billion a week earlier. AMBCrypto said a sustainable Bitcoin rebound would require ETF inflows, improved spot demand and a continued accumulation trend among investors.
https://coinness.com/en/news/1172188
Open interest in the Bitcoin futures market has been trending lower, suggesting speculative trading demand is easing, according to an AMBCrypto analysis.
The outlet said the seven-day moving average of Bitcoin futures open interest recently fell below the 365-day moving average, marking the second such instance since Aug. 25. It said the shift suggests bullish sentiment that had gained traction in the derivatives market in early September is weakening again. The outlet added that spot Bitcoin ETFs posted net outflows for a second straight week, indicating spot demand has also turned lower. ETF outflows, however, narrowed to $228.4 billion from $678.9 billion a week earlier. AMBCrypto said a sustainable Bitcoin rebound would require ETF inflows, improved spot demand and a continued accumulation trend among investors.
https://coinness.com/en/news/1172188
CoinNess
Bitcoin futures OI declines, signaling weaker speculative demand - CoinNess
Open interest in the Bitcoin futures market has been trending lower, suggesting speculative trading demand is easing, according to an AMBCrypto analysis. The o...
[Anonymous whale deposits $3.6M in ENA to Binance]
Three addresses believed to belong to the same anonymous whale or institution unstaked 18.085 million ENA worth $3.64 million from Ethena over the past hour and deposited the full amount to Binance, on-chain analyst ai_9684xtpa said. Exchange deposits are typically interpreted as intended for selling. The average deposit price was $0.2013.
https://coinness.com/en/news/1172189
Three addresses believed to belong to the same anonymous whale or institution unstaked 18.085 million ENA worth $3.64 million from Ethena over the past hour and deposited the full amount to Binance, on-chain analyst ai_9684xtpa said. Exchange deposits are typically interpreted as intended for selling. The average deposit price was $0.2013.
https://coinness.com/en/news/1172189
[Altcoins fall over 5% on weekend, set for biggest drop since April]
Risk-off sentiment in equities spilled over into crypto, sending altcoins down more than 5% over the weekend, Cointelegraph reported, citing Glassnode data. Glassnode said the slide was on track to mark the biggest weekend decline since April if losses persisted while weekend trading was still underway.
https://coinness.com/en/news/1172190
Risk-off sentiment in equities spilled over into crypto, sending altcoins down more than 5% over the weekend, Cointelegraph reported, citing Glassnode data. Glassnode said the slide was on track to mark the biggest weekend decline since April if losses persisted while weekend trading was still underway.
https://coinness.com/en/news/1172190
CoinNess
Altcoins fall over 5% on weekend, set for biggest drop since April - CoinNess
Risk-off sentiment in equities spilled over into crypto, sending altcoins down more than 5% over the weekend, Cointelegraph reported, citing Glassnode data. Gla...
[JPMorgan expands JPM deposit token to Ethereum]
JPMorgan will issue its dollar deposit token JPM on the Ethereum network, Bloomberg reported. JPM was first launched on the Base network last year and allows institutional clients to transfer U.S. dollar deposits around the clock. JPMorgan plans to use JPM not only for on-chain payments by crypto companies, but also for settling tokenized asset trades and providing collateral for financial institutions.
https://coinness.com/en/news/1172191
JPMorgan will issue its dollar deposit token JPM on the Ethereum network, Bloomberg reported. JPM was first launched on the Base network last year and allows institutional clients to transfer U.S. dollar deposits around the clock. JPMorgan plans to use JPM not only for on-chain payments by crypto companies, but also for settling tokenized asset trades and providing collateral for financial institutions.
https://coinness.com/en/news/1172191
CoinNess
JPMorgan expands JPM deposit token to Ethereum - CoinNess
JPMorgan will issue its dollar deposit token JPM on the Ethereum network, Bloomberg reported. JPM was first launched on the Base network last year and allows in...