Author: WebDesk
Iris Coleman Jun 24, 2026 18:23 Binance OTC desk reports rapid growth in institutional trading, with 2026 volumes already matching 25% of 2025’s total by February. Binance’s OTC (Over-the-Counter) and Execution Services are experiencing rapid growth this year, with the desk reportedly achieving 25% of its 2025 total trading volume within the first two months of 2026. This surge underscores the increasing role of institutional players in the cryptocurrency market. OTC desks differ from retail trading by facilitating large block trades off public order books, reducing slippage and market impact. Binance’s OTC services…
Strategy Inc. (NASDAQ: MSTR) shares fell more than 10% Tuesday to $92, a two-year low, as bitcoin cratered below $60,000 and an analyst note from CryptoQuant warned the company has overextended itself and should halt bitcoin purchases before its financial situation deteriorates further. Bitcoin fell to roughly $59,000 on the day, a drop of more than $6,700 or about 5%, its worst single-day loss in months. The selloff sparked a liquidation cascade across crypto derivatives markets, with roughly $1.1 billion in leveraged positions forcibly closed within a 24-hour window. The move pushed bitcoin below the average cost basis for all…
The $60,000 level wasn’t supposed to break this easily. Yet within a single minute, more than $470 million worth of sell orders slammed into Binance as BTC slipped below the psychological threshold for the third time since its latest all-time high. By the end of the hour, total selling activity on the exchange had already climbed past $1.2 Billion, and the numbers were still coming in. Markets don’t whisper when liquidity disappears; in fact, they scream.Binance Order Books Face Heavy PressureThe sheer scale of the move revealed just how many investors had stacked sell orders around the $60,000 region. Once…
By the year 2036, Bitcoin mining looks nothing like it did five years ago, much less ten. Long gone is the model of Bitcoin miners that dominated the landscape of the early to mid-2020’s. These large, often publicly traded, mining companies looked for large tranches of cheap power in mostly first-world countries they could monetize at scale. These corporations did not generate their own energy, nor did most design and manufacture their ASICs. They looked for a confluence of attractive power terms from an electric utility, available land near substation infrastructure, and timed the purchase of ASICs for as short…
The Bitcoin (BTC) price has entered one of its most critical price zones after a sharp breakdown pushed the asset back toward the $60,000 support range. The latest selloff wiped out key mid-range demand, raising concerns that the market may be entering a deeper corrective phase. The price has slumped by 3.80%, while the volume has slightly risen by nearly 10%, rising above $33B. However, despite the bearish pressure, liquidation data and price structure suggest a short-term rebound could still be in play. The question now is whether Bitcoin is preparing for a genuine recovery or simply a dead cat bounce…
We are still enjoying all the World Cup vibes.I will attend another match in the stadium on Monday, but the market does not care about my schedule. We are still actively trading. Sometimes from the desk. Sometimes from the phone.Our ETH short from this week is already up a solid 9R.I took 3R profit already. The stop is trailed too, so now I am letting it fall lower.Today, we look at Bitcoin again.After a small relief bounce from the Iran ceasefire news, BTC is now back near $60K. That is an important level.And right now, the main theme is simple.BTC…
Nexchain has released a new roadmap as it continues its $0.06 crypto presale. The update arrives at a time when AI-focused blockchain projects are attracting increased attention across the market.The project says it has raised more than $17 million from 11,254 investors so far. At the same time, the newly published roadmap offers a closer look at what has already been completed and what remains before launch.For anyone following top crypto presales this year, the update provides a useful snapshot of where the project stands today.A Recap of What’s Achieved Till NowMany blockchain projects spend months talking about future plans.…
Playnance, the Web3 iGaming infrastructure company, today announced that GCOIN has been listed on XT.COM, with trading for the GCOIN/USDT pair going live on June 24, 2026. The listing expands the token’s availability to a broader audience through XT.COM’s Innovation Zone, which supports emerging blockchain projects.The launch marks GCOIN’s fourth exchange listing in June, following recent integrations with WEEX, BitMart, and KoinBX. The rapid succession of listings reflects Playnance’s ongoing efforts to expand market access and strengthen the token’s presence across key trading venues.As competition intensifies across the Web3 gaming sector, accessibility remains an important factor in driving adoption. By increasing…
TL;DR Meta is reportedly building a standalone prediction market app internally called Arena. The product is expected to start with points rather than real-money wagering. The move pushes the prediction-market model further into mainstream tech, even as regulators keep watching the sector. Meta Moves Toward Event Trading Meta is reportedly working on a standalone prediction markets app, a move that would pull one of crypto’s most closely watched consumer trading models into the orbit of Big Tech. The app, internally known as Arena, is expected to resemble platforms such as Polymarket and Kalshi, although early versions are reportedly designed around…
Bitcoin-linked preferred stocks STRC and SATA have entered the spotlight after Strive CEO Matt Cole projected a $3 trillion digital credit market tied to Bitcoin income products. Summary Strive CEO Matt Cole said STRC and SATA could help create a $3 trillion digital credit market tied to Bitcoin. Strive recently bought 759 BTC using funds raised through SATA, a preferred stock offering a 13% annualized dividend. CryptoQuant warned Strategy may need $2.8 billion in cash reserves as STRC continues trading below its $100 par value. Speaking during an interview, Cole argued that digital credit products such as Strive’s SATA and…
