Bybit and OKX user BTC holdings jump 10%+ as USDT balances fall
The rotation is the story: customers are pulling USDT off two of the world's largest venues and redeploying into native BTC, a flow mix that tracks with the broader move up in price.
Market-moving crypto headlines from the last 24 hours.
The rotation is the story: customers are pulling USDT off two of the world's largest venues and redeploying into native BTC, a flow mix that tracks with the broader move up in price.
The Basel-based institution's Annual Economic Report calls dollar-pegged tokens a threat to monetary sovereignty in emerging markets, and rules out decentralized networks as settlement layer for…
The BIS survey flip is the real signal: for the first time, the world's reserve banks treat dollar stablecoins as plumbing that strengthens the dollar's plumbing rather than a parallel challenge to…
The split between $2.5B in Bitcoin and Ethereum ETF outflows and sub-$75M of inflows into XRP and Hyperliquid products signals de-risking rather than a clean rotation, and that distinction matters…
From roughly 3,000 pre-MiCA registrations to 231 authorized CASPs, the July 1 cut-off is already consolidating Europe's crypto market, with industry sources warning it will deepen once the…
The premium spike is the symptom; the crackdown on crypto remittance desks in Bengaluru and a July 2 parliamentary sit-down with the RBI are the supply shock behind it.
With BTC sitting under the True Mean, 200-day, 128-day and short-term holder cost basis at once, the historical 5-10% undershoot of onchain valuation metrics points to a cycle low near $45,000.
The Bank for International Settlements argues that pegged tokens trade and redeem like fund shares rather than money, and that their FX flows mirror deposit dollarization in vulnerable economies.
Galaxy's Alex Thorn points to a packed Senate calendar and stalled negotiations as reasons to mark down passage from 60% to an even coin flip before year-end.
The PBOC's largest reverse-repo injection in a year lands the same week Bitcoin broke $60K and Fed-funds futures flipped to price in an October hike, putting global liquidity back on the table.
Samsung and SK Hynix are pulling a decade of chip-plant expansion into five years to feed Nvidia and OpenAI, and the same risk pools that funded bitcoin all cycle are now chasing HBM instead.
A short, technical disagreement over how Bukele's stack is reported on the books is the latest test of whether the sovereign-Bitcoin experiment survives outside pressure from its largest creditor.
A top Korean brokerage stepping into the country's No. 2 crypto venue isn't just M&A noise; it lands weeks before FSC rules would cap exchange ownership and force a Bithumb Holdings unwind.
BTC's bleeding, ETH's outflow streak just hit seven weeks, and the only bid came from altcoin ETFs few investors had heard of a year ago.
The local USDT-INR premium has more than doubled from its 3–4% norm in days, and the Enforcement Directorate's INR 250B money-transfer sweep just removed a popular remittance channel NRI users relied…
The 200-week moving average has flipped from support into resistance in every prior bear market, and BTC is now following the same path 2018 and 2022 traced on the way to a cycle bottom.
The $4.06B June outflow tops February 2025's prior record and lifts the two-month redemption pile to roughly $6.5B, with bitcoin down 30% in the first half and MSTR off 45%.
The deal would extend a string of Korean broker-into-exchange tie-ups, signaling that traditional finance now sees domestic crypto venues as core distribution rather than a side bet.
Even at $1T–$3T in market cap, the BIS argues wider stablecoin adoption would strain bank funding and credit while delivering only modest output gains.
The systemic-risk framing from the BIS cohort matters more than the bubble call itself: regulators are now publicly rehearsing the contagion map before the asset class has peaked.