Binance has expanded its margin trading sector by adding three new altcoins: Game Fantasy Token (GFT), Contentos (COS), and Syscoin (SYS). These new assets are available for margin trading, and Binance has also introduced new trading pairs designed for cross-margin trading. The addition of these assets and pairs demonstrates Binance's commitment to offering a diverse range of trading options and improving the user experience. Additionally, Binance has recently announced plans to list the BLUR cryptocurrency token, which has generated significant interest in the trading community.
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Binance Adds GFT, COS, and SYS to Margin Trading, Introduces New Trading Pairs
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Yesterday, Tether issued $110 million USDT and redeemed $23 million USDT
According to ChainArgos monitoring, on May 14th, Tether issued a total of 110 million USDT and redeemed 23 million USDT. -
US Bitcoin ETF holds nearly $60 billion worth of BTC
As monitored by HODL15Capital, the value of Bitcoin held by US Bitcoin ETFs is currently close to $60 billion. This week, a total of 2,667 Bitcoins were purchased. Grayscale GBTC is the only ETF with net outflows. -
Kaiko data: Bitcoin miners’ income has dropped sharply, and they may sell BTC to maintain operations
The latest data from cryptocurrency research and analysis company Kaiko shows that miners are facing huge selling pressure as Bitcoin mining revenue and transaction fees decline. Bitcoin miners' income mainly comes from two aspects: mining rewards and transaction fees. However, affected by the halving of Bitcoin rewards in April (block rewards dropped from 6.25 BTC to 3.125 BTC), miners have to sell Bitcoin to pay for costs. Kaiko researchers pointed out in the report that the halving event usually prompts miners to sell BTC because the mining process requires a lot of expenses. -
Brazil's trading volume reaches $6 billion in 4 months
According to Kaiko Research, the correlation between Bitcoin (BTC) and stocks is increasing. After reaching a multi-year low of 0.01 in March, the 90-day correlation rose to 0.17 last week. Based on the company's research report on May 13th, the 90-day correlation between Bitcoin and stocks rose to 0.17 in the week of May 5th, higher than the multi-year low of 0.01 in March. The correlation between BTC and risk assets is lower than the high of 0.6 during the bull market. -
Ethereum has about $48.05 million in on-chain loan liquidation quota around $2,778
According to Defi Llama data, there is approximately $48.05 million in on-chain liquidation volume for Ethereum around $2,778. -
Ethereum has about $48.05 million in on-chain loan liquidation quota around $2,778
On May 13th, according to DefiLlama data, there is approximately $48.05 million in on-chain loan liquidation volume for Ethereum around $2778. -
GBTC has seen a cumulative net outflow of over US$17.6 billion since the launch of the Bitcoin spot ETF
On May 12th, according to Farside Investors data, the cumulative net outflow of GBTC since the launch of Bitcoin spot ETF reached 17.6329 billion US dollars. According to Coinglass data, GBTC's asset management scale has decreased to 17.647 billion US dollars. -
The Ethereum network has currently destroyed more than 4.29 million ETH
According to Ultrasound data, as of now, the Ethereum network has destroyed a total of 4,290,622.06 ETH. Note: Since the introduction of EIP-1559 in the Ethereum London upgrade, the Ethereum network will dynamically adjust the BaseFee of each transaction based on transaction demand and block size, and this portion of the fee will be directly burned and destroyed. -
Over $594 million worth of PYTH is staked
According to Dune data, there are currently 1,201,167,362 PYTH tokens in the staked state, with a total staked value exceeding $594 million. The number of PYTH stakers has reached 151,211. -
USDC circulation decreased by $100 million in the past week, with a total circulation of $33 billion
According to official data，as of May 9th, Circle has issued approximately $2 billion USDC and redeemed approximately $2 billion USDC in the past 7 days, with a decrease in circulation of approximately $100 million. The total circulation of USDC is $33 billion, with a reserve of $33.1 billion, including approximately $3.3 billion in cash and Circle Reserve Fund holding approximately $29.8 billion.
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