Binance rejects claims of ‘less cooperation’ in DOJ crypto investigations

The post Bitcoin Self-Custody Draws 70% of EU Funds Leaving Binance Under MiCA appeared on BitcoinEthereumNews.com. Crypto News Bitcoin and other digital assets are flowing into self-hosted crypto wallets rather than licensed exchanges as the European Union’s Markets in Crypto-Assets (MiCA) regime reshapes the region, according to Binance co-CEO Richard Teng. Speaking at an industry summit in Singapore, Teng said 70% of the funds withdrawn by affected EU users moved into self-custody, while only 30% shifted to platforms licensed under the new rules. His argument is that MiCA, designed to pull users under regulatory oversight, is instead pushing them beyond regulators’ reach. That 70-30 split has become the central data point anchoring his critique of how the framework is playing out. The shift traces back to Binance’s decision to withdraw its MiCA license application in Greece in late June, after which the exchange stopped onboarding new EU customers on July 1. Teng said approval had b

The post PEPE Price Prediction: Oscillators Coiling at Neutral — A Directional Snap Is Coming appeared on BitcoinEthereumNews.com. Rongchai Wang Jul 09, 2026 10:33 PEPE’s momentum indicators are sitting in a dead zone — RSI at 46, MACD histogram pinned flat — but the Stochastic is trying to curl bullish above 60. With only $10.9M in 24-hour Binance spot volum… The Immediate Setup Don’t let the 1.55% green candle fool you. PEPE isn’t trending — it’s grinding. The oscillator picture right now is about as exciting as watching paint dry: RSI at 46 keeps buyers in limbo, not panicking but certainly not pressing. The MACD histogram is essentially reading zero, which means whatever directional impulse drove the prior week’s price action has fully exhausted itself. The tape has gone quiet, and in meme coin markets, quiet is almost always temporary. What’s slightly interesting is that the Stochastic %K is reading 62.50 while %D is at 50.00 — a modest bullish cross developing i

The post FLOKI Price Prediction: 80% July Pop or Fakeout — This Technical Setup Will Decide It appeared on BitcoinEthereumNews.com. James Ding Jul 09, 2026 10:06 FLOKI nudged 2.97% higher on July 9 but with Binance spot volume barely cracking $923K and momentum indicators sitting dead flat, that move is fragile. CoinCodex’s model projects up to 80% upside t… Market Context: Why FLOKI is Moving Now FLOKI crept 2.97% higher into July 9, and let’s be clear — that’s not a breakout. That’s a coin trying to find a reason to exist after what has clearly been a sustained period of price compression. The meme coin complex broadly has been grinding rather than exploding, and FLOKI reflects that malaise precisely. The only hard forecast currently on the table comes from CoinCodex, published July 7, 2026, and it draws a compelling but conditional picture: a July high of $0.00003995 — roughly 80% above recent levels — followed by an August peak at $0.00004106 before a controlled b

The post Binance stablecoin outflows hit $115 million a day as liquidity weakens appeared on BitcoinEthereumNews.com. The collapse of the U.S.-Iran ceasefire on July 8 sent prices back toward $62k, from a brief move into the $64k resistance zone. AMBCrypto reported that shortly after the news broke out, $300 million worth of long positions had been liquidated. The rising leverage and inclination from derivatives traders to catch the market lows, without structural support, was a warning sign of deeper drawdown. There was another factor to keep an eye on. Stablecoin liquidity increases price sensitivity to bearish catalysts Crypto analyst Crypto Onchain drew attention to the liquidity drain seen in the centralized exchange Binance. USD Coin reserves have fallen by 21% over the past month, and Tether saw massive single-day outflows. Source: CryptoQuant Anomalous outflows of $997 million on June 26 and $838 million on July 7 were seen. Together, they have taken Binance stablecoin outflows

The post SHIB Price Prediction: Stochastic Signal Sparks a Dead-Cat Bounce Scare — A Real Recovery Needs Volume appeared on BitcoinEthereumNews.com. Darius Baruo Jul 09, 2026 09:50 SHIB is printing a 3.12% daily gain on suspiciously thin Binance spot volume of just $3.27M, while momentum indicators sit deep in bearish-leaning territory — the 65/35 odds favor this bounce fadin… Market Context: Why SHIB is Moving Now Shiba Inu is doing what meme coins do best: generating heat without much light. A 3.12% session pop sounds constructive until you clock the Binance spot volume sitting at a paltry $3.27 million for the day. That number is not a rounding error — it’s a structural warning. SHIB is a token that lives and dies on crowd momentum, and without retail participation showing up in force, a percentage move like this is noise dressed up as a trend. The broader backdrop matters here. Early 2026 saw genuine momentum — Blockchain.news flagged in January that SHIB was trac

The post Binance CEO Says MiCA Is Backfiring as EU Users Move Beyond Regulators’ Reach appeared on BitcoinEthereumNews.com. Binance co-CEO Richard Teng says the EU’s Markets in Crypto-Assets (MiCA) rules are backfiring, with most departing users moving funds into self-custody rather than to licensed rivals. Speaking at the Reuters NEXT Asia summit in Singapore, Teng said 70% of funds withdrawn by affected EU users went to self-hosted wallets. Only 30% moved to platforms licensed under the new regime. Binance Withdrew its MiCA Bid Before the July Deadline Binance stopped serving new EU customers on July 1 after pulling its MiCA license application in Greece in late June. Teng said the approval was repeatedly delayed without explanation, so the company withdrew to avoid a rushed transition for users. The exit forced existing customers to decide where to move their balances, and it coincided with its heaviest weekly outflows in more than three years. Binance’s own data on those flows now

The post XRP Futures Open Interest on Binance Falls to Three-Month Low at 397M appeared on BitcoinEthereumNews.com. XRP News XRP futures open interest on Binance has fallen to roughly 397 million XRP, its lowest reading in more than three months, as the token changes hands near $1.09. Derivatives open-interest data shows the contraction reflects deleveraging, with traders trimming or closing leveraged positions rather than adding fresh exposure. Falling open interest alongside soft prices typically signals a cooling appetite for leveraged bets on the altcoin. Analysts frame the move as a slowdown in derivatives activity rather than an outright bearish verdict, describing the phase as repositioning while participants wait for a clearer directional signal across the XRP market. While the derivatives picture cools, spot metrics tell a contrasting story. On-chain data shows the XRP Binance scarcity index has climbed to 0.77, its highest level in more than two years. The gauge measures how

The post Binance Ethereum Bets Vanish While OKX Traders Pile Back In appeared on BitcoinEthereumNews.com. Ethereum open interest cooled hard on Binance in July 2026 as OKX spot volume jumped to its strongest level in months. Something in Ethereum’s order books on Binance thinned out hard on July 6, and it took most of the market a full day to notice. The exchange’s derivatives desk had just logged one of its quietest positioning readings in nearly two years. Nobody framed it as a crash, because it wasn’t one in the usual sense. It just showed up buried inside a 30-day rolling gauge, the kind of chart traders glance at and scroll past without much thought. Leverage had been building for months on the exchange. Something eventually had to give. A Number Nobody Rang a Bell For Binance’s Ethereum 30-day open interest change fell to negative 594,000 ETH on July 6, according to a CryptoQuant quicktake credited to on-chain analyst Amr Taha. That reading marked the steepest contraction on the