Bitcoin’s 8-month low volatility can’t predict BTC’s price prediction but 
derivatives data does suggest that a rally to $82,000 would cause a large 
short squeeze.

Bitcoin’s 8-month low volatility can’t predict BTC’s price prediction but derivatives data does suggest that a rally to $82,000 would cause a large short squeeze.

Bitcoin volatility falls to 8-month low: Is a BTC breakout imminent?

Ongoing US-Iran talks amid military actions highlight persistent geopolitical 
tensions, potentially affecting regional stability and global markets.
The post US-Iran negotiations continue despite US strikes on Bandar Abbas 
appeared first on Crypto Briefing.

Ongoing US-Iran talks amid military actions highlight persistent geopolitical tensions, potentially affecting regional stability and global markets. The post US-Iran negotiations continue despite US strikes on Bandar Abbas appeared first on Crypto Briefing.

US-Iran negotiations continue despite US strikes on Bandar Abbas

On-chain data shows a net amount of Bitcoin has been flowing into Binance for 
10 days now, a potential sign that investors have been looking to sell. 
Bitcoin Exchange Netflow Has Remained Positive For Binance Recently As pointed 
out by CryptoQuant author Darkfrost in an X post, investors have been 
depositing their Bitcoin to Binance recently. The on-chain metric of relevance 
here is the &#8220;Exchange Netflow,&#8221; which tracks the total amount of BTC that&#8217;s 
currently moving into or out of the wallets connected to a centralized 
exchange. When the value of the metric is positive, it means holders are 
transferring a net number of tokens to the platform. As one of the main 
reasons why investors deposit to exchanges is for selling-related purposes, 
this kind of trend can have a bearish implication for the asset&#8217;s price. 
Related Reading: Bitcoin Bull Run ‘Not There Yet,’ Warns CryptoQuant Founder 
On the other hand, the indicator being below the zero mark suggests 
withdrawals are dominating deposits on the exchange. Such a trend can be a 
sign that investors are accumulating, which can naturally be bullish for BTC. 
Now, here is the chart shared by Darkfrost that shows the trend in the Bitcoin 
Exchange Netflow for Binance, the largest platform by trading volume, over the 
past ten days: As displayed in the above graph, the Binance Bitcoin Exchange 
Netflow has remained at a positive level throughout this window, implying net 
inflows have been occurring. The scale of the inflows has varied each day, but 
there has been an overall surge in the amount of BTC being deposited to the 
exchange during the last 10 days. More specifically, May 16th saw a net 378 
BTC enter Binance-associated wallets, while today the same figure has risen to 
1,190 BTC. This means that inflows have more than tripled over the period. 
&#8220;The largest single day recorded over 3,600 BTC on May 18th, a relatively high 
level for a single day that clearly illustrates the intensity of the 
movement,&#8221; noted the analyst. Related Reading: Not Bitcoin: US Government Bets 
$2 Billion On Quantum Instead The sustained deposits have meant that the 
Exchange Reserve of Binance (that is, the total amount of Bitcoin sitting on 
the platform) has followed an uptrend recently. From the chart, it&#8217;s apparent 
that the Bitcoin Exchange Reserve on Binance hit a low of 616,000 BTC on April 
24th. The metric has since surged to 632,000 BTC, suggesting a net inflow of 
16,000 BTC into the exchange. &#8220;When inflows become dominant and consistent on 
a platform like Binance, this is traditionally interpreted as a potential sell 
signal,&#8221; said Darkfrost. BTC Price At the time of writing, Bitcoin is trading 
around $77,400, unchanged from one week ago. Featured image from Dall-E, chart 
from TradingView.com

On-chain data shows a net amount of Bitcoin has been flowing into Binance for 10 days now, a potential sign that investors have been looking to sell. Bitcoin Exchange Netflow Has Remained Positive For Binance Recently As pointed out by CryptoQuant author Darkfrost in an X post, investors have been depositing their Bitcoin to Binance &#8230;

Bitcoin Sell Pressure Rising? Binance Inflows Hit 10-Day Streak

The dual approach of military action and diplomacy could destabilize global 
oil markets, impacting inflation and central bank policies.
The post US strikes Iranian military targets as negotiations near completion, 
Rubio says appeared first on Crypto Briefing.

The dual approach of military action and diplomacy could destabilize global oil markets, impacting inflation and central bank policies. The post US strikes Iranian military targets as negotiations near completion, Rubio says appeared first on Crypto Briefing.

US strikes Iranian military targets as negotiations near completion, Rubio says

Heightened geopolitical tensions could lead to increased regulatory scrutiny 
on crypto markets, impacting global financial stability.
The post Russia warns foreigners to leave Kyiv as it plans strikes on defense 
facilities appeared first on Crypto Briefing.

Heightened geopolitical tensions could lead to increased regulatory scrutiny on crypto markets, impacting global financial stability. The post Russia warns foreigners to leave Kyiv as it plans strikes on defense facilities appeared first on Crypto Briefing.

Russia warns foreigners to leave Kyiv as it plans strikes on defense facilities

OKX&#8217;s Exchange OS could revolutionize trading by enabling diverse market 
deployments, but high staking costs may limit widespread adoption.
The post OKX&#8217;s X Layer introduces Exchange OS for unified market deployment 
appeared first on Crypto Briefing.

OKX&#8217;s Exchange OS could revolutionize trading by enabling diverse market deployments, but high staking costs may limit widespread adoption. The post OKX&#8217;s X Layer introduces Exchange OS for unified market deployment appeared first on Crypto Briefing.

Bitcoin volatility falls to 8-month low: Is a BTC breakout imminent?

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