The post Binance Alpha Token TAC Wipes Out 90% in Sudden Collapse appeared on BitcoinEthereumNews.com.
Binance Alpha-listed TAC suffered one of the sharpest crypto flash crashes of the year after its token plunged more than 90% in roughly 15 minutes on July 7. While no security breach or protocol failure has been confirmed, the crash has renewed concerns about liquidity risks and token concentration among newly listed crypto assets. TAC Price Performance. Source: Binance TAC Suffers Violent Flash Crash TAC dropped from around $0.06 to nearly $0.004 within minutes, with trading volume surging as panic selling accelerated. The token later stabilized near its lows, remaining down more than 90% from prices seen earlier in the day. The move came just one week after TAC reached an all-time high of approximately $0.067, highlighting the extreme volatility that can accompany newly listed digital assets. Strong Backers, But No Official Explanation TAC is developing an Ethereum Virtual Machine (
The post Coinbase Bitcoin Premium Hits 50-Day Record Slump appeared on BitcoinEthereumNews.com.
Coinbase Bitcoin Premium Index stays negative for 50 days as BTC trades near $64K-$65K resistance after rebounding from $58K. The Coinbase Bitcoin Premium Index has stayed negative for 50 days, according to Coinglass data. The streak began on May 19 and is now the longest on record. The latest reading is -0.0742%, showing Bitcoin trades lower on Coinbase than Binance. This gap is often used to track U.S. market demand. The previous record lasted 40 days, from January 16 to February 24. The current streak has also passed the roughly 30-day run seen during the “1011 crash.” Meanwhile, Bitcoin has rebounded from $58,000 to $59,000 toward the $64,000 to $65,000 zone. Still, the weak premium keeps U.S. demand concerns in focus. Coinbase Bitcoin Premium Hits Record Negative Run The Coinbase Bitcoin Premium Index tracks the price gap between Coinbase and Binance. A negative reading means Bitcoin t
The post TAC Token Price Drop Marks Sharp 90% Crash on Binance appeared on BitcoinEthereumNews.com.
A crypto token backed by some of the industry’s most recognizable venture names just suffered one of the sharpest short-term collapses seen on Binance this year. The TAC token price drop — more than 90% in just 15 minutes — has rattled investors and raised pointed questions about volatility on emerging blockchain projects tied to the TON and Telegram ecosystem. Key takeaways TAC dropped over 90% within 15 minutes on Binance Alpha, hitting approximately $0.0063. The token was first listed on Binance Alpha and Binance Futures in July 2025. Backers include TON Ventures, Hack VC, Animoca Ventures, Symbolic Capital, and Spartan Group. TAC is building an EVM-compatible blockchain for the TON and Telegram ecosystems. TAC Token Experiences a Rapid Price Collapse The speed of the move is what makes this stand out. TAC shed more than 90% of its value within a 15-minute window, bottoming out at aro
The post Massive Dogecoin Move Raises Eyebrows in Crypto World appeared on BitcoinEthereumNews.com.
An unprecedented Dogecoin transaction involving 3,999,999,999 DOGE has captured attention after it was transferred from Binance to an untraceable wallet. The transfer, valued at nearly $299.5 million, was executed with a mere fee of 1.5331 DOGE, marking one of the largest single transactions of 2026 on the Dogecoin blockchain. Continue Reading:Massive Dogecoin Move Raises Eyebrows in Crypto World Source: https://en.bitcoinhaber.net/massive-dogecoin-move-raises-eyebrows-in-crypto-world
The rapid TAC token crash highlights the volatility and risks associated with airdrop-driven market entries, impacting investor confidence.
The post TAC token plunges over 90% in 15 minutes after Binance listing appeared first on Crypto Briefing.
The post Binance Rolls Out BTC Yield: Covered Call Strategy Targets Bitcoin Holders’ Income Demand appeared on BitcoinEthereumNews.com.
Bitcoin holders sitting on idle spot balances now have a fresh reason to keep their coins on Binance. On Tuesday, the exchange introduced BTC Yield, a covered call strategy designed exclusively for users who already hold Bitcoin, the original report from CoinDesk confirmed. The product arrives as crypto exchanges intensify competition for yield‑seeking capital, a segment that has reshaped the market since decentralized finance protocols first demonstrated the appetite for passive income on digital assets. BTC Yield employs a covered call options structure. In traditional finance, selling covered calls generates premium income against an existing stock position by capping upside beyond a set strike price. Binance appears to be applying the same logic to Bitcoin, likely using out‑of‑the‑money call options on Bitcoin futures or spot‑backed derivatives. Th
The post Binance Launches BTC Yield to Provide Bitcoin Holders With Weekly Rewards appeared on BitcoinEthereumNews.com.
Key highlights: Binance has launched a product offering Bitcoin holders a weekly yield However, Binance warned that investors can suffer large losses as principal is not protected Bitcoin yield products are surging in popularity with several service providers racing to launch their own versions The Binance crypto exchange has unveiled BTC Yield, a new product that allows long-term Bitcoin holders to generate potential weekly BTC income through an options-based strategy. The launch expands Binance’s growing suite of yield products as exchanges jostle to attract investors seeking passive income without actively trading cryptocurrencies. Covered call strategy powers BTC Yield According to the announcement, users subscribe to BTC Yield by depositing BTC, which is exchanged for BTCY, an asset representing their participation. Binance holds the deposited bitcoins as collate
The post Richard Teng: Crypto has become a leading financial infrastructure, not just an asset appeared on BitcoinEthereumNews.com.
Richard Teng discovered crypto in 2017, while still working as a regulator, and it changed how he viewed the future of financial services. “The more I deep dive into it, I realized that this is going to be the future of financial services,” he said in a recent appearance on the podcast “Figuring Out With Raj Shamani.” Now Co CEO of Binance, Teng argues that crypto is no longer only something people trade. In his view, it is increasingly becoming infrastructure that parts of the financial system can run on, because it can enable continuous markets and faster settlement. Why is speed becoming the new currency of markets? Teng highlighted limited trading hours and slow settlement as two frictions he sees across traditional finance. Stocks and bonds in most markets still trade primarily during set business hours, he said. That leaves investors with fewer optio
The post Dogecoin Whale Moves Nearly 4 Billion DOGE Off Binance in $299M Transfer appeared on BitcoinEthereumNews.com.
Dogecoin News A single wallet pulled nearly 4 billion Dogecoin off Binance in one of 2026’s largest transfers on record. On-chain data shows 3,999,999,999 DOGE — worth roughly $299.5 million at the time of the move — left the exchange for an unknown address, settling with a network fee of just 1.5331 DOGE. The scale of the outflow drew immediate attention because assets leaving a major exchange for private custody typically signal accumulation rather than intent to sell. The transfer landed as Dogecoin, a proof-of-work altcoin originally launched as a meme, hovered near a multi-year support band that analysts have repeatedly flagged as a launchpad for its strongest historical rallies. Network fundamentals reinforced the accumulation narrative. On-chain data indicates active addresses climbed to nearly 50,000 on July 5, a sharp pickup in participation that often precede