BitcoinEthereumNews·
The post CZ Compares Binance KYC With Hyperliquid Model appeared on BitcoinEthereumNews.com. CZ says Binance’s weak KYC led to prison while Hyperliquid runs no-KYC smart contracts under a different trading model. Binance founder Changpeng Zhao, known as CZ, discussed Hyperliquid in a June 29 interview with The Block. He praised its market design but noted clear differences from centralized exchanges. CZ said Hyperliquid uses smart contracts without standard identity checks for users. He compared that model with Binance’s past compliance problems. He said he went to prison over Binance’s weak KYC controls. Meanwhile, he noted that Hyperliquid operates without KYC. His comments have renewed debate around exchange rules, user freedom, and decentralized trading. The discussion also places Hyperliquid’s control structure under market attention. CZ Compares Binance and Hyperliquid CZ said Hyperliquid has introduced useful ideas for on-chain trading. However, he said its model differs from B
Read full articleRobinhood's rapid DEX volume surge highlights the volatile influence of memecoins and Layer 2 tech on decentralized finance dynamics. The post Robinhood surpasses Hyperliquid in 24-hour DEX volume, powered by memecoins and a brand-new Layer 2 appeared first on Crypto Briefing.
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
The post Hyperliquid Urges CFTC to Exempt DeFi From Legacy Rules in July 9 Filing appeared on BitcoinEthereumNews.com. Hyperliquid News The Hyperliquid Policy Center (HPC), together with non-custodial wallet provider Phantom, has formally asked the US Commodity Futures Trading Commission (CFTC) to stop treating decentralized finance like traditional financial intermediaries. The joint comment, filed ahead of the agency’s July 9 deadline, argues that on-chain protocol software and self-custody wallets are tools, not brokers, and that the derivatives rulebook was never written for them. The filing responds to a Request for Information the CFTC issued on June 18, which invited the industry to identify rules that obstruct financial technology. HPC frames the submission as squarely within the commission’s existing authority to act. The comment lays out three concrete requests. First, it asks the CFTC to confirm that publishing on-chain protocol code does not, by itself, require registration
Modernizing CFTC rules could foster US-based onchain derivatives innovation, reducing offshore reliance and enhancing market efficiency. The post Phantom and Hyperliquid urge CFTC to modernize onchain derivatives rules appeared first on Crypto Briefing.
The post JPMorgan Says The Real Threat To Bitcoin Isn’t Strategy (MSTR) — It’s Private Blockchains appeared on BitcoinEthereumNews.com. Strategy’s recent bitcoin sales and its formal monetization program have rattled investors, but JPMorgan analysts see a bigger danger to bitcoin: blockchain adoption that routes around public networks and the tokens that ride on them. In a report led by managing director Nikolaos Panigirtzoglou and reported by The Block, the bank argued that Strategy is not the main structural threat to the asset. The company sold 3,588 bitcoin for $216 million in early July to cover preferred dividends, its largest disposal on record, and such sales can add bursts of selling pressure. The deeper concern, the analysts said, is where tokenization, payments and settlement end up. Should that activity settle on permissioned rails rather than public chains, the crypto ecosystem could face a structural de-rating — thinner liquidity, weaker capital flows and slower on-chain
