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Ethereum ($ETH) Supply on Exchanges Drops to Record Low

Ethereum, the world’s second-largest cryptocurrency by market capitalization, has seen a significant shift in its dynamics. Ethereum’s supply on exchanges is at an all-time low of 9.9%, a trend indicative of the increasing interest and trust in self-custody within the crypto community. That’s according to data from popular...

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Exchange Netflow Registers Negative Spike –

On-chain data shows the Bitcoin exchange netflow has registered a negative spike recently, a sign that may be bullish for the price.

Bitcoin Exchange Netflow Has Plunged In Recent Days

As pointed out by an analyst in a CryptoQuant post, a large negative spike in the netflow took place just yesterday. The “exchange netflow” is an indicator that measures the net amount of Bitcoin that’s entering into or exiting the wallets of all centralized exchanges. Its value is naturally calculated as...

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Binance Refutes Reuters’ Claims of Commingling: “Story is so weak”

Key Takeaways

Reuters published an article on May 23, alleging that Binance commingled customer money based on an insider scoop. Binance denies the allegations, stating that Binance keeps customer and personal funds on two separate ledgers.

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Binance, the world’s largest cryptocurrency exchange by trading volume, is staunchly denying allegations made by Reuters that it commingled customer funds with its own revenue in 2020 and 2021. Patrick Hillmann, Binance’s chief strategy officer, dismissed the report on Twitter...

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As Uniswap’s exchange flow turns positive, is a UNI dump in sight?

More UNI flowed into exchanges than out. The current token value could decrease further. The exchange netflow position change of the governance token of the Uniswap [UNI] protocol surged to a yearly high, according to data from Glassnode. The position change is an indicator that refers to the difference between the number of tokens flowing into and out of exchanges. Is your portfolio green? Check the Uniswap Profit Calculator

The times of wary spikes

As for UNI, the metric has been on the positive...

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FUNToken listed on a top tier exchange, MEXC –

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up FUNToken is excited to announce that it has been listed on MEXC, a top-tier cryptocurrency exchange. This is a significant milestone for FUNToken, giving users more options to trade and buy FUN on different exchanges. The FUN/USDT trading pair is available on MEXC as of May 9th, providing users with a fast, secure, and reliable platform to trade FUN. The listing on MEXC is...

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Crypto Whale Loses $500K+ Speculating on Pepe Memecoin

Key Takeaways

PEPE memecoin was listed on Binance on Friday and went from $0.00000420 to $0.00000211, resulting in huge losses for investors One whale is seeing huge losses — up to $500,000 after investing $2.46 million into PEPE

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Following its Friday launch on Binance, the PEPE memecoin dropped 38% after three days, resulting in steep losses for speculators.Pepe Coin (PEPE), the memecoin launched on April 15, has experienced a significant price drop recently, losing 38% of its value in just...

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