Centralization of Chainlink Funds Raises Concerns

The post Binance Holds 66% of All Exchange LINK as Reserves Hit Multi-Year Lows appeared on BitcoinEthereumNews.com. TLDR: Binance holds 85.1M LINK worth $766M, representing 66.4% of all exchange-held supply across platforms. LINK exchange reserves have declined from a 2022 peak of 145M tokens to roughly 85M, following a descending channel. Spot LINK ETFs recorded $8.29M in May net inflows, their weakest monthly figure since launching in late 2024. Spot LINK ETF products have never recorded a single day of net outflows and hold 1.69% of total supply. Chainlink’s exchange supply is growing more concentrated, with Binance now holding the majority of LINK available across all trading venues. On-chain data shows 85.1 million LINK tokens sitting on Binance alone, valued at roughly $766 million. That figure represents 66.4% of the 128.26 million LINK held across all exchanges combined. Meanwhile, spot LINK ETFs continue attracting capital, though May marked their weakest month since launch.

The post Bitcoin Price At Crossroads: Will BTC Fill the $73K CME Gap or Trigger a $78K Short Squeeze Next? appeared on BitcoinEthereumNews.com. TLDR: BTC trades near $74K, leaving a CME gap at $73.4K–$73.5K. Liquidation heatmap shows dense leverage near $78K–$79K, while downside liquidity thins below $72K Market structure shows higher lows but stretched momentum as BTC holds near the $74K consolidation zone Weekend liquidity shows CME gap attraction below, while Binance heatmap flags upside liquidity imbalance Bitcoin stands at a critical crossroads as traders weigh two powerful liquidity magnets. A lingering CME gap near $73,400 is pulling attention lower, while an enormous liquidation cluster around $78,000 is building pressure above. The two are setting the stage for a potentially volatile week ahead. CME Gap Formation and Spot Price Divergence A CME gap is recorded around the $73.4K to $73.5K range, forming a liquidity pocket that traders monitor closely. Bitcoin CME gap liquidatio

The post After the Web3 Reset, Gaming Tokens Need Players First appeared on BitcoinEthereumNews.com. On May 12, 2026, one of the most watched gaming networks went dark on purpose. Ronin paused for roughly ten hours to migrate from a standalone chain to an Ethereum Layer-2 built on the OP Stack. When it came back, the network promised lower token inflation and a new way to reward the builders who keep players engaged — not just speculators. Three days later, Binance announced the removal of several low-liquidity spot pairs, including AXS/BTC — a sign that legacy gaming tokens without steady demand can fall off major venue menus. Two weeks on, a web3 studio called Moonveil said it would wind down, and its MORE token cratered toward zero. Same market, different outcomes — and a blunt reminder that players, not tokens, are the scarce resource. Call it a reset. The message to game teams after the froth: build a game people want to return to tomorrow before you ask a market to buy your token

The post Binance new product reveal set for June 1 with sparse details appeared on BitcoinEthereumNews.com. Binance has set a date for the Binance new product reveal, telling users to watch for an announcement on June 1 but sharing almost nothing else. The Binance teaser included only an image and the reveal date, and that was enough to turn a simple post into a guessing game for traders and users following the exchange. That lack of detail is the story for now. There is no product name, no feature list, and no launch timeline beyond the June 1 reveal itself. Still, for one of the biggest names in crypto, even a minimal teaser can draw attention quickly. The post also pointed readers to an official tweet by BNB, which carried the same message: “New product reveal on June 1 🫡” and was dated May 29, 2026. Binance sets a June 1 product reveal The core update is straightforward: Binance said it will reveal a new product on June 1. Beyond that, the company has not disclosed what the produc

The post Chainlink News: Institutional Catalysts Pushing LINK to $10 appeared on BitcoinEthereumNews.com. In Chainlink news today, the project is under active repricing pressure, with LINK trading near $9.10, up around +1.8% in the past 24 hours, with a daily trading volume of $315M. While the asset is enjoying a brief rally today, it is still down nearly -7% over the past two weeks, a wider sign of the recent bearish price action across the market. Chainlink’s core value proposition remains intact at a fundamental level: the protocol connects blockchain applications to off-chain data, spanning services such as interoperability, computation, compliance, privacy, and legacy-system integration. Demand for those services, particularly around real-world asset tokenization and stablecoin settlement, is the clearest organic driver for LINK token demand. LINK is positioned around institutional blockchain adoption and RWA tokenization trends that are accelerating across the broader market. No

The post Coinbase Premium Index: Institutions Were Selling, Not Buying This Rally appeared on BitcoinEthereumNews.com. Coinbase Premium Index stays deep in negative territory as CryptoQuant data shows US institutions selling Bitcoin, not buying, since the November 2025 peak. The signal has been negative for months. On-chain analytics platform CryptoQuant flagged a persistent and deepening discount on Coinbase relative to Binance, one that started around the November 2025 peak near $125K and never really left. The Coinbase Premium Index measures the spread between Coinbase Pro and Binance prices. Green bars mean US institutional demand is active. Red bars mean the opposite. Right now, according to CryptoQuant’s analysis, the bars have been red for a long time. The 2024 Playbook Broke Down at $125K During the 2024 bull run, rising prices and a rising premium moved in step. US institutional participation was consistent and it showed in the data. That relationship snapped at the November 2

The post Binance Loses $1.2B in Stablecoin Outflows as Crypto Liquidity Dries Up in May appeared on BitcoinEthereumNews.com. TLDR: Binance recorded $1.2B in net stablecoin outflows in May, reversing two months of positive inflows. Bitcoin dropped 3.5% in May while the S&P 500 and Nasdaq posted gains of 5.15% and 10.5% respectively. Binance stablecoin reserves have fallen from $51B to $44B since November 2024, a decline of 13.7%. Analysts describe Bitcoin’s current rebound as technical, not backed by consistent liquidity-driven momentum. Binance stablecoin outflows reached approximately $1.2 billion in May 2025, marking a sharp reversal from the two prior months of positive inflows. This shift came even as traditional equity markets posted strong monthly gains. The S&P 500 rose 5.15%, while the Nasdaq climbed 10.5%. Bitcoin, however, closed the month down 3.5%, reflecting a disconnect between crypto and equities. Liquidity is not flowing into the digital asset market at this time. Crypt

Coinbase Premium Index stays deep in negative territory as CryptoQuant data shows US institutions selling Bitcoin, not buying, since the November 2025 peak. The signal has been negative for months. On-chain analytics platform CryptoQuant flagged a persistent and deepening discount on Coinbase relative to Binance, one that started around the November 2025 peak near $125K […] The post Coinbase Premium Index: Institutions Were Selling, Not Buying This Rally appeared first on Live Bitcoin News.