What is #DEX ?

A #DEX, short for Decentralized Exchange, is a type of cryptocurrency exchange that operates on a #decentralized network, such as a blockchain. Unlike traditional centralized exchanges that rely on a central #authority to facilitate transactions, DEXs enable peer-to-peer trading directly between users. They typically utilize smart contracts and decentralized #protocols to execute trades in a secure and transparent manner.

#DEXs offer several advantages over centralized exchanges, including increased #privacy, reduced reliance on intermediaries, and greater control over one's funds. Since transactions occur directly between #users, there is no need for a centralized party to hold and manage user funds. This enhances security and eliminates the risk of #hacking or theft associated with #centralized exchanges.

DEXs also promote the principles of decentralization and censorship resistance, aligning with the ethos of cryptocurrencies. By leveraging blockchain technology, DEXs enable users to trade digital assets while maintaining ownership and control over their private keys.

Examples of popular DEXs include #Uniswap, #SushiSwap, and #PancakeSwap, each operating on different blockchain networks such as #Ethereum and #Binance Smart Chain.

#Bitcoin reserves on exchanges fall to the lowest level in more than 5 years.

This might be the regulatory pressures against #Binance and #Coinbase, investors may be fleeing third-party custody

What is Isolated Margin ?

#Isolated Margin is a margin trading mode offered by platforms like #Binance that allows you to allocate a specific amount of funds to each individual trading position. Unlike Cross Margin, Isolated Margin isolates the margin and risk of each #position from one another.

With Isolated Margin, you can assign a certain amount of margin to a particular trading #pair or position. This means that the funds you allocate to one position are not shared or used to support other positions in your margin account. It provides a higher #level of risk management by limiting the potential losses to the specific position's #allocated margin.

The #advantage of Isolated Margin is that it allows you to control and manage the risk for each position separately. If a particular position performs poorly and incurs losses, it does not impact the margin or funds allocated to other #positions. This feature helps to prevent the liquidation of your entire account due to a single position's adverse #movement.

However, it's important to note that Isolated #Margin also limits the buying power and leverage available for each individual position. The allocated margin determines the maximum position size and #leverage you can utilize. It requires careful risk assessment and monitoring of individual positions to avoid #liquidation or excessive losses.

Following the news about Binance, there has been a noticeable outflow of coins from the exchange. The chart below illustrates the two-week perspective on #Binance's reserves for major assets, including BTC, #ETH, and #stablecoins like #USDT, #USDC, and #BUSD.

In the past week, #investors have been steadily #withdrawing their assets, resulting in a significant decrease in aggregate #Stablecoin balances by over $1.6 Billion. This represents approximately 20.9% of the total balance held on #Binance. #BTC and #ETH reserves have seen a comparatively smaller decline of 5.7% and 7.1%, respectively.

Funding rates across #Binance, #Bybit, #OKX, and #Deribit all remain roughly flat throughout the month despite a brief spike on #Binance around the #Blackrock #ETF filing.

does that means Strong Hand taking control 👀

#Coinbase saw more buying compared to selling over the past few days while the opposite trend occurred on #Binance.

What's your view 👀

Belgium Regulator Orders #Binance to Cease #Crypto Services in the Country.

These days #Binance getting alot of trouble to deal with, be safe with your funds 📉

Analyzing the average weekly #BTC netflow reveals intriguing patterns in their actions. In the initial phases of the 2020-2021 bull market, the #LUNA incident and #FTX fallout resulted in a period of significant accumulation and preference for self-custody. Many exchanges witnessed daily net outflows of 5,000 -10,000 #BTC.

Interestingly, #Binance exhibited contrasting behavior on multiple occasions. During market sell-offs and downtrends, the exchange experienced substantial #inflows. This could be attributed to #investors shifting their holdings away from perceived riskier exchanges (such as #FTX) towards the world's largest exchange, #Binance.

Here's the Analysis of #APE :

#APE Approaching towards its listing price in #binance and its ATL (All-Time Low) and kinda continue to drop like this till $1.00. Nothing we can do it right here, it better to have an eye on it. A deeper retracement can be good opportunity for shorting.

Here's the Analysis of #WLD :

#WLD is been recently listed in #binance so there's a bit of less data. So far price in rejected from the resistance zone of $1.65 - $1.68 and is been hovering over the support zone of $1.31 - $1.35. Well, we get a shorting opportunity if this support break.