BingX Crypto & Financial News
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BingX Crypto & Financial News
Traders on Binance are increasing their holdings of XRP, while reducing their positions in Bitcoin and Ethereum.
#XRP Glassnode reports a notable shift in profit-taking activity, with the seven-day moving average of profit realization volume increasing significantly since late September. During this period, XRP declined from approximately $3.09 to $2.30, a 25% decrease. The daily profit realization volume has surged roughly 240%, from $65 million to $220 million. This trend indicates underlying weakness in the current distribution phase compared to previous profit-taking cycles characterized by growth.
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BingX Crypto & Financial News
Traders on Binance are increasing their holdings of XRP, while reducing their positions in Bitcoin and Ethereum.
XRP experienced a substantial increase in profit realization volume since late September, as the cryptocurrency declined from approximately $3.09 to $2.30, representing a 25% drop. According to Glassnode, the 7-day simple moving average of profit-taking volume surged approximately 240%, from $65 million to $220 million daily. This pattern indicates weakness in the current distribution phase rather than accumulation.
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BingX Crypto & Financial News
NFT trading volume declined roughly 30% this week to $95.8 million.
NFT trading volume declined by 9.22% this week, totaling $85.31 million.
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BingX Crypto & Financial News
NFT trading volume declined roughly 30% this week to $95.8 million.
NFT trading volume declined by 9.22% this week, totaling $85.31 million.
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Coinglass reports approximately 291,000 ETH withdrawn from centralized exchanges this week.
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Keith, who previously held 11,000 BTC, transferred 3,549 BTC, valued at approximately $361.8 million, to a new address. Of this amount, 600 BTC were subsequently sent to Kraken.
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Binance CEO Changpeng Zhao has burned approximately $490,000 worth of memecoins including #SHORT, #quq, #SIREN, #BNBCARD, and #XXY from the donation wallet. He also announced that future sales of these tokens will be conducted on the open market.
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CZ has burned approximately $490,000 worth of memecoins, including #SHORT, #quq, #SIREN, #BNBCARD, and #XXY, from the donation wallet. He also announced that he plans to sell these tokens on the market in the future.
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Ledger CEO projects 2025 revenue to exceed hundreds of millions of dollars, the company's highest to date. The executive also indicated potential plans to go public in New York or pursue another private funding round. ft
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Robert Kiyosaki forecasts Bitcoin reaching $250,000 by 2026.
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Robert Kiyosaki predicts Bitcoin will reach $250,000 by 2026.
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Projects scheduled for their initial listing next week.
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Core DAO plans to deploy an update for Hermes on its main network on November 25. The upgrade will reduce block completion time to approximately six seconds and introduce support for BLS12-381 cryptography, access to historical block hashes, and enable externally owned accounts to include code. Validators will be able to produce multiple blocks consecutively, increasing throughput and reducing network latency. The update will also add support for staking commissions for CORE and Bitcoin.
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BingX Crypto & Financial News
The SEC and CFTC announced that registered firms are now authorized to engage in spot trading of cryptocurrencies. They encouraged firms with questions to contact their respective agencies. coindesk #regulation
Caroline Pham, Acting Chair of the Commodity Futures Trading Commission, has confirmed the agency is in direct talks with regulated exchanges to launch both cryptocurrency spot trading and derivatives trading, according to a CoinDesk report.
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Axios: On Sunday, Senate Democrats expressed support for a bipartisan agreement to reopen the government. Senate Majority Leader John Thune said the deal is near completion.
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Weekend recap and upcoming events for tomorrow - https://t.me/bingx1/2147483647
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The US Senate has reached a bipartisan agreement to address the government shutdown. Federal operations are expected to resume later this week. politico
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BingX Crypto & Financial News
During the week from October 27 to October 31, net outflows from spot Bitcoin ETFs reached approximately $607.35 million, while spot Ethereum ETFs experienced net inflows of about $114.18 million.
During the week of November 3 to 6, net outflows from spot Bitcoin ETFs totaled approximately $1.22 billion, while Ethereum ETF outflows reached roughly $508 million.
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BingX Crypto & Financial News
During the week from October 27 to October 31, net outflows from spot Bitcoin ETFs reached approximately $607.35 million, while spot Ethereum ETFs experienced net inflows of about $114.18 million.
During the week of November 3 to 6, net outflows from spot Bitcoin ETFs totaled approximately $1.22 billion, while spot Ethereum ETFs saw net outflows of roughly $507.83 million.
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BingX Crypto & Financial News
James Wynn has increased his short position on Bitcoin and has not yet realized any profits, despite holding over $100,000 in unrealized gains.
James Wynne has experienced another liquidation. Over the past two months, he has undergone 45 liquidations. Despite achieving one profitable trade, he opted to increase his position rather than secure his gains, leading to yet another liquidation.
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BingX Crypto & Financial News
James Wynn has increased his short position on Bitcoin and has not yet realized any profits, despite holding over $100,000 in unrealized gains.
James Wynne experienced another liquidation after facing 45 such events over the past two months. Despite making one profitable trade, he chose to expand his position, which ultimately led to another liquidation.
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