US deposit rates choke USDC adoption, and a BIS model reveals why
A Bank for International Settlements research paper shows that rising US bank deposit rates slow USDC adoption more than USDT adoption, highlighting…
Binance
Featured stories
XRP rebounded as Binance spot turnover fell nearly 80%
XRP futures exposure began rebuilding by October 11 following heavy long liquidations across major exchanges, even as Binance spot trading turnover fell…
Ethereum open interest rose 2.3% in ETH on Binance as its dollar value fell 6.6%
Ethereum open interest on Binance rose by 2.3% in coin quantity while its total dollar value fell by 6.6%, as analysis separates…
Latest stories
Bitcoin keeps losing ground when Wall Street opens as Coinbase discount deepens
Bitcoin faces intensified downward pressure during US trading hours, highlighted by a deep Coinbase discount and localized drops, though spot ETF flows complicate direct institutional selling claims.
XRP ETFs now hold $1.7 billion but took in just $4M last week
US spot XRP exchange-traded funds hold an estimated $1.7 billion in accumulated exposure, but recorded just $4 million in net inflows over the past week as the cryptocurrency traded near…
Ethereum’s past outflow charts can change when more exchange wallets are identified
Coin Metrics recalculated Ethereum historical exchange flow metrics following the discovery of new exchange wallets. This update creates timing challenges for quantitative backtests that rely on retrospective data instead of…
India’s local crypto exchanges get just 0.7% of inflows, Chainalysis reports
A recent Chainalysis report reveals that Indian crypto users direct significant value to centralized platforms, yet local exchanges capture only 0.7% of total inflows, trailing far behind Brazil's domestic market…
Binance will hold some Brazil crypto deposits until users explain where the money came from
Beginning November 1, Binance will require Brazilian users to provide transfer reasons and counterparty details for cross-border cryptocurrency transactions to comply with Central Bank of Brazil regulations.
ESMA proposes ending EU custody and transfer services for non-compliant stablecoins
ESMA has proposed expanding Europe's MiCA regulations to prohibit custody and transfer services for non-compliant stablecoins, marking a significant shift from previous policies that allowed basic storage after delisting.
Japan’s biggest payment network opens its doors for crypto via Binance Pay
Japanese payment provider PayPay has integrated Binance Pay via HIVEX, allowing international travelers to spend crypto at participating stores in Japan while merchants receive Japanese yen.