Binance Reserves Hit 693,000 BTC as Bitcoin's Price Faces $85K Wall

Binances bitcoin reserves have climbed above 693,000 BTC, their highest level in two years and about 30% of reserves held across major exchanges. The buildup arrives as bitcoin struggles below heavy long-term holder supply, making the next price move unusually important.  Key TakeawaysBinance bitcoin reserves topped 693,000 BTC, up about 77,000 since late April.The buildup raises sell-side risk as bitcoin struggles beneath the $83K-$85K supply wall.BTC must hold $75K or break $85K to show demand can absorb Binances added liquidity.  Binance Controls 30% of Bitcoin on Exchanges  Bitcoin is facing a fresh test from the place traders watch most closely for potential selling: exchanges.  Binance now holds more than 693,000 BTC, according to onchain analyst Darkfost, after reserves increased by roughly 77,000 BTC since late April. The exchange accounts for about 30% of bitcoin reserves across major trading platforms.  That does not mean 693,000 coins are about to hit the market. But the direction matters. Rising exchange balances can signal that more bitcoin is becoming readily available for trading or sale, particularly after rallies.  With BTC already struggling beneath resistance, the timing is difficult to ignore.  Source: CryptoquantWhy Binances 77,000 BTC Increase Matters  Several forces may be contributing to the rise.  Some investors appear to have transferred bitcoin to

09-12انڈسٹری

Bitcoin wallets react within 15 minutes as Ethereum stays muted

A Federal Reserve Bank of Philadelphia working paper published this month found that public notifications of large crypto transfers were followed by sharply different trading activity on Bitcoin and Ethereum.  Non-whale Bitcoin wallets became active and traded in the alerted whales direction most strongly during the first 15 minutes. Ethereum participation, by contrast, remained comparatively stable.  The Philadelphia Fed working paper matched public Whale Alert notification times with on-chain Bitcoin, Ethereum and Wrapped Bitcoin transfers through the end of 2025.  Wrapped Bitcoin, or WBTC, was observed on Ethereum. The authors defined a whale wallet as one that had made at least one transfer worth more than $50 million, excluding large wallets associated with exchanges or smart contracts. Keeping only events without another whale transaction within two hours on either side left 6,645 BTC and 5,075 ETH whale transactions.  Discover more  Currencies & Foreign Exchange  Finance  Stocks & Bonds  Related Reading  A mysterious whale just funneled 6,494 BTC into Binance, triggering massive sell-off fears  Bitcoins response peaked within 15 minutes  The raw data showed active non-whale Bitcoin participation rising most among small and medium wallet groups in the first 15 minutes after an alert. In full-sample regressions, buy participation increased by 14.81 percentage points for small wallets, 23.72 points for medium wallets

09-12انڈسٹری

Bitcoin Suisse to shift up to half of Swiss jobs abroad

Bitcoin Suisse plans to shift up to half of its Swiss jobs abroad as the crypto financial services firm expands its international operations.  Founded in Zug in 2013, the company provides crypto trading, custody, staking and lending services. The restructuring could affect up to 60 of the companys 120 Swiss positions, primarily in back-office and administrative roles, according to a Friday report from Swiss financial publication Finews.  The affected functions are expected to move to lower-cost hubs in Bratislava and Vietnam, where Bitcoin Suisse plans to establish a new location in the coming years. CEO Andrej Majcen said cost was a key factor in the move, telling Finews that operating the affected services in the two countries would be significantly less expensive.  Majcen added that the restructuring was not a response to weakness in the crypto market, but part of Bitcoin Suisses strategy to expand internationally and build a broader wealth and asset management business.  In June, the company said it was expanding beyond its Swiss market, targeting institutional clients, family offices, asset managers and high-net-worth individuals as part of its evolution toward a global wealth management platform.  Bitcoin Suisse also secured licenses in Liechtenstein and Bermuda earlier this year, while its Middle East subsidiary

09-12انڈسٹری

Philadelphia Fed finds Bitcoin traders follow whale signals faster than Ethereum users

A Federal Reserve Bank of Philadelphia working paper published this month found that public notifications of large crypto transfers were followed by sharply different trading activity on Bitcoin and Ethereum.  Related Asset Bitcoin #1 BTC · $77,428.18 24-hour change: up 0.17% 24H Up 0.17% 7D Down 3.03% 30D Up 22.18%  Non-whale Bitcoin wallets became active and traded in the alerted whales direction most strongly during the first 15 minutes. Ethereum participation, by contrast, remained comparatively stable.  The Philadelphia Fed working paper matched public Whale Alert notification times with on-chain Bitcoin, Ethereum and Wrapped Bitcoin transfers through the end of 2025.  Related Asset Ethereum ETH · $2,543.64 24-hour change: up 3.12%  Wrapped Bitcoin, or WBTC, was observed on Ethereum. The authors defined a whale wallet as one that had made at least one transfer worth more than $50 million, excluding large wallets associated with exchanges or smart contracts. Keeping only events without another whale transaction within two hours on either side left 6,645 BTC and 5,075 ETH whale transactions.  Bitcoins response peaked within 15 minutes  The raw data showed active non-whale Bitcoin participation rising most among small and medium wallet groups in the first 15 minutes after an alert. In full-sample regressions, buy participation increased by 14.81 percentage

09-12انڈسٹری

ETHFI‘s 3x volume surge fuels breakout – But ether.fi’s 10% rally has THIS hurdle

ether.fi [ETHFI] extended its bullish push with a 10% daily surge after closing above $0.641 during the previous session.  ETHFI reached an intraday high of $0.7232 before facing rejection within the $0.695–$0.735 imbalance zone. However, the correction remained minor, and ether.fi traded above all key EMAs.  Could rising on-chain activity now generate enough momentum for a breakout above $0.735?  Source: TradingView/ETHFI price analysisWhy is ETHFIs rally gaining strength?  Recent on-chain data showed ETHFIs Trading Volume had tripled to $179.69 million. The increase pointed to stronger market participation and gave the breakout attempt more weight during the existing uptrend.  Discover more  Open Trading Account  stock  Track Stocks Bonds  Source: Santiment  At the same time, ETHFIs Social Volume increased over recent days as market discussions followed a week of consistent gains. The rise showed growing attention around ether.fi, though Social Volume alone could not confirm sustained demand.  Source: Santiment Are ETHFI whales backing the breakout?  On top of that, Spot Average Order Size indicated growing whale activity as ether.fi approached the resistance zone.  Larger spot orders strengthened the bullish bias by adding liquidity near a decisive price level. However, their impact may depend on whether buy-side demand continues as ETHFI tests resistance.  Source: ETHFI Spot Average Order Size/CryptoQuant  Meanwhile, the Spot Volume Bubble Map showed that spot-market

09-12انڈسٹری

Bitwise to Liquidate Dogecoin ETF in October

Bitwise will liquidate its Dogecoin ETF in October, ending BWOW trading on October 14 as shareholders prepare for final cash distributions.  Bitwise plans to liquidate its Dogecoin ETF in October, ending the fund roughly 10 months after its launch in 2025. According to the Financial Times, the Bitwise Dogecoin ETF, known as BWOW, is expected to stop trading on NYSE Arca on October 14, 2026. After the final trading session, the fund will cease operations and begin its planned liquidation process.  When Will Bitwise Dogecoin ETF Stop Trading?  On September 10, Bitwise announced that it was liquidating due to product optimization. The decision comes as BWOW has just over $688,000 in net assets, according to the information provided.  Additionally, October 14 is the anticipated last day of trading for BWOW on NYSE Arca. Shareholders may sell their shares on the secondary market until the trading day is over.  After the market closes, Bitwise will begin the final steps to shut down the fund. The Company has also worked with NYSE to facilitate an orderly delisting and liquidation.  Related reading:DOGE Price Analysis: Cup and Handle Toward $0.10  Meanwhile, Bitwise is set to sell off the Dogecoin portion of the fund on October 14. The new BWOW shares will

09-12انڈسٹری

Robinhood crypto trading volume jumps 61% in August

Robinhood has reported a 61% monthly rise in notional crypto trading volume to $17.5 billion in August, led by activity on its Bitstamp exchange.  SummaryCrypto trading volume rose from $10.9 billion in July to $17.5 billion in August.Bitstamp processed $10.1 billion, exceeding the $7.4 billion handled through Robinhoods app.Event contract activity reached 4.7 billion trades, about 15 times its August 2025 level.Total platform assets increased 26% from a year earlier to $384 billion.  Robinhoods August operating data, released Thursday, showed that crypto activity recovered from a quiet July but remained below the level recorded a year earlier.  Robinhood crypto volume rebounds from July slowdown  At $17.5 billion, August crypto trading volume increased by $6.6 billion from the previous months $10.9 billion. Robinhood defines notional volume as the total dollar value of crypto assets bought and sold across its platforms.  Compared with August 2025, however, trading activity fell 38% from $28.1 billion. The figures show that the monthly recovery has not returned crypto turnover to last years level.  Bitstamp accounted for most of the August total, processing $10.1 billion. Activity on the exchange rose 53% from July after Robinhood completed its acquisition of the trading venue in 2025.  You might also like:  Robinhood asset pages send JUGGERNAUT up 500%  Robinhoods

09-12انڈسٹری

Bitcoin Suisse Restructuring Could Affect 60 Swiss Jobs

Bitcoin Suisse plans to shift up to half of its Swiss jobs abroad as the crypto financial services firm expands its international operations.  Founded in Zug in 2013, the company provides crypto trading, custody, staking and lending services. The restructuring could affect up to 60 of the companys 120 Swiss positions, primarily in back-office and administrative roles, according to a Friday report from Swiss financial publication Finews.  Discover more  Finance  Stocks & Bonds  Digital Currencies  The affected functions are expected to move to lower-cost hubs in Bratislava and Vietnam, where Bitcoin Suisse plans to establish a new location in the coming years. CEO Andrej Majcen said cost was a key factor in the move, telling Finews that operating the affected services in the two countries would be significantly less expensive.  Majcen added that the restructuring was not a response to weakness in the crypto market, but part of Bitcoin Suisses strategy to expand internationally and build a broader wealth and asset management business.  In June, the company said it was expanding beyond its Swiss market, targeting institutional clients, family offices, asset managers and high-net-worth individuals as part of its evolution toward a global wealth management platform.  Bitcoin Suisse also secured licenses in Liechtenstein and Bermuda earlier this year, while

09-12انڈسٹری

Bitcoin Suisse announces international expansion with 50% Switzerland job cuts

Bitcoin Suisse, in an effort to reshape itself into an internationally focused financial services group, plans to eliminate as many as 60 of its roughly 120 jobs in Switzerland.  The Swiss financial workforce is taking a hit on multiple fronts, with Bitcoin Suisse cutting up to 60 of its roughly 120 Swiss jobs while UBS, Helvetia Baloise, Raiffeisen Switzerland, and Swiss Life also plan significant layoffs.  Why is Bitcoin Suisse cutting its workforce?  Bitcoin Suisse has announced that it will be eliminating as many as 60 of its roughly 120 roles. The company initially built its reputation on cryptocurrency trading and custody before adding staking and lending.  Discover more  Compare Credit Cards  Open Trading Account  Financial  Now, it intends to serve wealthy private clients, family offices, asset managers, and institutional investors with services that reach beyond crypto, and the shrinking of its workforce is integral to that.  The jobs that will be most affected by this cut are in back-office and administrative work, along with software development.  The eliminated roles are set to be moved to either Bratislava or Vietnam, where Bitcoin Suisse intends to build a new site over the coming years.  Rather than weakness in the crypto market, the company says the cuts are about cost and efficiency. The

09-12انڈسٹری

US regulators propose bank third-party risk guidelines

Four U.S. financial regulators have proposed new third-party risk guidelines that would let banks and credit unions tailor oversight to each outside relationship while replacing existing guidance.  SummaryFour federal regulators have opened the proposed guidelines to public comment.The nonbinding framework would replace third-party risk guidance issued in 2023 and 2024.Community banks with less than $30 billion in assets would receive a separate practical guide.Federal Reserve Governor Michael Barr dissented, warning of supervisory gaps and added financial risk.  Proposed bank guidelines favor risk-based oversight  The Federal Reserve, Federal Deposit Insurance Corporation, National Credit Union Administration, and Office of the Comptroller of the Currency announced the proposal on Sep. 11, saying financial institutions should match their controls to the risks posed by each third-party relationship.  Under the proposal, banks and credit unions would consider both the possible harm from an outside provider and the likelihood of the harm occurring. Institutions could use less detailed checks, standard contracts, or less frequent monitoring when a relationship carries limited risk.  The framework would also let a financial institution accept some residual risk after considering its risk appetite, tolerance, and ability to operate safely. According to the agencies, the principles would not impose enforceable requirements, and a bank would not face

09-12انڈسٹری
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