4 Jul 2025, 21:03

Can Bitcoin Bulls Withstand the Re-awakening of Satoshi-era Whales?

The post Can Bitcoin Bulls Withstand the Re-awakening of Satoshi-era Whales? appeared first on Coinpedia Fintech News Bitcoin (BTC) price has been rejected by two subtle and important resistances in the past 24-hours. The flagship coin attempted a rally towards retesting its all-time high on Thursday, but the gains were obliterated on Friday. According to crypto data provided by Coingecko and TradingView, BTC price dropped 2.2 percent in the past 24 hours to trade at about $107,477 on Friday, July 4 during the mid-North American trading session. Why Bitcoin Price Dropped Today Bitcoin price experienced choppy volatility on Friday majorly caused by the re-awakening of the Satoshi-era whales. According to on-chain data analysis, Satoshi-era whales moved more than $8 billion in BTC in the past 24 hours. Largest one-day move of 10-year-old Bitcoin ever. 50,000 BTC shifted today, topping the previous daily high of 3.7K BTC for this age band. Some coins trace back to early miner block rewards. pic.twitter.com/O8vgBTCe9n — CryptoQuant.com (@cryptoquant_com) July 4, 2025 The re-awakening of the old whales amid low demand, as Coinpedia reported , spelled bearish sentiment. Meanwhile, BTC price has suffered midterm bearish sentiment fueled by low speculative interest. “The momentum of exchange volume has declined since early June, with the monthly average falling to $5.9B, about 7 percent above the yearly average of $5.5 billion,” Glassnode noted . Midterm Expectations for BTC Price In the weekly timeframe, BTC price has been retesting the resistance level around $109,396 since December 2024. Although the weekly Relative Strength Index (RSI) has been forming a bearish divergence, the odds of a bullish breakout cannot be overlooked. Furthermore, BTC price could be forming a cup and handle pattern in the weekly timeframe, thus a breakout towards a new all-time high on the horizon. In the daily timeframe, BTC price has been forming a falling trend, characterized by lower lows and lower highs. With the daily MACD indicator signaling declining bullish momentum, a potential retrace towards the lower border of the falling trend, below $101k seems likely.

4 Jul 2025, 20:50

Türkiye Crypto Regulation: Unprecedented DEX Crackdown Targets PancakeSwap, Shaking Markets

BitcoinWorld Türkiye Crypto Regulation: Unprecedented DEX Crackdown Targets PancakeSwap, Shaking Markets The cryptocurrency world is abuzz with recent news from Türkiye, where a significant move by the Capital Markets Board (CMB) has sent ripples through the decentralized finance (DeFi) space. For the first time, a major DEX crackdown has occurred, with popular decentralized exchange PancakeSwap (CAKE) becoming the target. This unprecedented action highlights a new era of Türkiye crypto regulation , raising critical questions about the future of decentralized platforms and the impact on Turkish crypto users . What Exactly Happened: The PancakeSwap Ban Explained? In a landmark decision, Türkiye’s Capital Markets Board (CMB) has officially blocked access to PancakeSwap, a prominent decentralized exchange, and CryptoRadar, a crypto price comparison platform. This isn’t just a minor technicality; it’s a direct response to these platforms allegedly offering unauthorized digital asset services within the country. According to reports from Türkiye Today, this marks the very first time Turkish authorities have taken such stringent regulatory action against a decentralized platform. The move comes on the heels of new legislative powers granted to the CMB. These powers specifically enable the board to block unlicensed foreign crypto services that are perceived to be targeting Turkish users. This shift indicates a proactive stance by Türkiye to assert control over the burgeoning crypto market within its borders, signaling a broader intent to bring all crypto-related activities under a regulatory umbrella. Why is This DEX Crackdown Significant for the Crypto Market? This incident is not just about a single platform; it represents a pivotal moment for the global cryptocurrency landscape, especially concerning decentralized finance (DeFi). Here’s why: First of its Kind: It’s the first known instance of a major nation state directly blocking a decentralized exchange. DEXs are designed to be censorship-resistant and operate without central intermediaries, making this regulatory intervention a significant challenge to their core principles. Regulatory Precedent: This action sets a powerful precedent. Other countries facing similar challenges in regulating their crypto markets might look to Türkiye’s approach as a model. Challenge to Decentralization: The very nature of a decentralized exchange is to exist beyond the reach of single points of control. Türkiye’s ability to block access, even if only at the ISP level, demonstrates that even decentralized platforms are not entirely immune to state intervention, especially concerning user access within national borders. Impact on User Access: While VPNs and other circumvention methods exist, a direct block makes it significantly harder for average Turkish crypto users to access these platforms, potentially pushing them towards regulated, centralized alternatives or into less secure avenues. How Will This Affect Turkish Crypto Users and the Local Market? The immediate impact on Turkish crypto users is clear: direct access to PancakeSwap is now restricted. This could lead to several shifts within the local crypto market: Shift to Centralized Exchanges: Users might gravitate towards centralized exchanges (CEXs) that are either licensed or tolerated by Turkish authorities. This could increase trading volume on platforms like Binance TR or Paribu, which operate within a more defined regulatory framework. Increased Demand for VPNs: Savvy users might resort to Virtual Private Networks (VPNs) to bypass geographical restrictions, though this comes with its own set of security and legal risks. Reduced DeFi Participation: The ease of access to DeFi protocols might decrease, potentially stifling innovation and participation in the decentralized ecosystem among Turkish citizens. This could limit their access to various DeFi services, from yield farming to liquidity provision, which are hallmarks of a decentralized exchange . Regulatory Clarity (or Lack Thereof): While the ban brings a form of regulatory action, it also creates uncertainty. Users and businesses might become more cautious about engaging with platforms that could suddenly face a similar ban. Table: Centralized vs. Decentralized Exchanges in Light of New Regulations Feature Centralized Exchange (CEX) Decentralized Exchange (DEX) Control Centralized entity (company) Smart contracts, community KYC/AML Typically required Generally not required Security Risks Hacks of central server; custodian risk Smart contract vulnerabilities; user error Regulatory Vulnerability High; easily targeted by regulators Lower; harder to shut down directly, but access can be blocked Accessibility (Post-Ban) Likely remains accessible if licensed Access restricted via ISP blocks (e.g., PancakeSwap ban ) What Does This Mean for the Future of Decentralized Exchange Platforms Globally? The PancakeSwap ban is a stark reminder that even the most decentralized platforms are not entirely immune to the long arm of national regulations. Analysts are already speculating about the domino effect this could have. Other major DEXs, such as Uniswap, Raydium, and Curve Finance, could potentially be next on the list for similar actions in Türkiye or elsewhere. This raises fundamental questions about the balance between innovation and regulation in the crypto space. This event underscores a growing trend: governments worldwide are grappling with how to regulate crypto. While some are embracing it, others, like Türkiye, are opting for stricter control. This is not necessarily a sign of hostility towards crypto itself, but rather an attempt to bring it under existing financial oversight frameworks, particularly concerning consumer protection, anti-money laundering (AML), and tax compliance. The challenge for regulators lies in adapting traditional frameworks to a technology that fundamentally seeks to bypass intermediaries. For DeFi developers, the challenge is to build truly resilient and accessible platforms that can navigate an increasingly complex global regulatory landscape. Actionable Insights for Crypto Enthusiasts and Businesses In light of this evolving situation, here are some key takeaways: Stay Informed: Keep a close eye on regulatory developments in your region and others. Türkiye crypto regulation is a prime example of how quickly things can change. Diversify Access: Don’t rely solely on one type of platform. Understand the differences between CEXs and DEXs and use them appropriately based on your needs and risk tolerance. Prioritize Security: If using decentralized platforms, ensure you understand how to manage your own keys and secure your wallets. Be wary of using unofficial methods to bypass blocks, as they can expose you to scams or malware. Advocate for Sensible Regulation: Participate in discussions about crypto regulation. Balanced regulations can foster innovation while protecting users. The incident with PancakeSwap ban serves as a crucial wake-up call for the entire decentralized finance ecosystem. It highlights the ongoing tension between the inherently borderless and permissionless nature of blockchain technology and the desire of nation-states to maintain control over financial activities within their jurisdictions. Concluding Thoughts: Navigating the Future of Crypto Regulation Türkiye’s decision to block PancakeSwap is a landmark event, marking a new chapter in the global conversation about crypto regulation. It signals a more assertive approach from national authorities towards decentralized platforms, challenging the long-held belief that DEXs are immune to regulatory oversight. While this DEX crackdown might pose immediate hurdles for Turkish crypto users and the broader DeFi community, it also accelerates the need for clear, balanced, and globally coordinated regulatory frameworks. The future of the decentralized exchange landscape will undoubtedly be shaped by how these regulatory challenges are addressed. It’s a complex dance between innovation, user freedom, and national sovereignty. As the crypto market matures, expect more such actions, pushing the industry to adapt and evolve in unprecedented ways. To learn more about the latest crypto market trends and the evolving landscape of Türkiye crypto regulation , explore our article on key developments shaping the future of decentralized finance and digital asset services. This post Türkiye Crypto Regulation: Unprecedented DEX Crackdown Targets PancakeSwap, Shaking Markets first appeared on BitcoinWorld and is written by Editorial Team

4 Jul 2025, 20:20

Ethereum Inflow: A Remarkable Comeback as Base Experiences Billions in Outflow

BitcoinWorld Ethereum Inflow: A Remarkable Comeback as Base Experiences Billions in Outflow The cryptocurrency world is always in motion, and recent shifts in capital flows have sent ripples across the market. We’re witnessing a fascinating reversal of fortunes, with Ethereum making a spectacular comeback while Coinbase’s promising Layer 2 solution, Base, faces significant challenges. This dramatic shift in digital asset flows paints a vivid picture of the evolving landscape, highlighting the resilience of established giants and the hurdles new contenders must overcome. Ethereum Inflow: A Resilient Recovery? After a period of considerable outflows, Ethereum inflow has seen a remarkable resurgence, attracting a staggering $8.5 billion in net capital this year. This is a powerful indicator of renewed investor confidence in the second-largest cryptocurrency by market capitalization. Last year, Ethereum faced headwinds, but its foundational strength, ongoing development, and the anticipation around various upgrades have clearly reignited interest. What’s driving this impressive turnaround? Staking Yields: The attractive yields offered by Ethereum’s Proof-of-Stake consensus mechanism continue to draw investors looking for passive income. DeFi Ecosystem Growth: Ethereum remains the bedrock of decentralized finance (DeFi), with a vast and vibrant ecosystem of applications, protocols, and stablecoins that consistently attract liquidity. Anticipation of Upgrades: While the Dencun upgrade recently passed, future developments and scalability solutions on the horizon keep the community engaged and optimistic about Ethereum’s long-term potential. Institutional Interest: Growing interest from institutional players, including potential spot Ethereum ETFs, contributes significantly to increased capital allocation. This substantial Ethereum inflow signifies more than just money moving; it represents a vote of confidence in the network’s future and its critical role in the broader blockchain space. Base Outflow: What’s Behind the Reversal? In stark contrast to Ethereum’s success, Base, Coinbase’s ambitious Layer 2 solution, has experienced a significant net Base outflow of $4.3 billion this year. This marks a sharp reversal from its initial period of rapid growth and adoption. Base, built on Optimism’s OP Stack, aimed to provide a low-cost, developer-friendly environment for building decentralized applications. So, why the sudden downturn? According to reports, a primary factor contributing to the decline in Base’s performance is the strategic withdrawal of capital by major players, notably Binance Exchange. Binance’s decision to move substantial capital back to Layer 1 networks has had a cascading effect, impacting the overall ether deposits and liquidity on the Base platform. This highlights a critical challenge for newer Layer 2s: their reliance on large capital holders and the potential volatility when these entities shift strategies. The implications of this Base outflow are multi-faceted: Reduced Liquidity: Less capital means lower liquidity, which can affect trading volumes and the overall user experience on the platform. Developer Hesitation: A decline in capital and user activity might make developers think twice before committing resources to building on Base, potentially slowing down ecosystem growth. Competitive Pressure: The Layer 2 landscape is fiercely competitive, and any perceived weakness can lead users and developers to explore alternative solutions. While Base still holds promise, this period of significant outflow presents a clear challenge that the platform and its parent company, Coinbase, will need to address to regain momentum. Understanding Broader Crypto Market Trends: A Tale of Two Narratives These contrasting movements in crypto market trends between Ethereum and Base offer a fascinating glimpse into the dynamics of the digital asset space. It’s a tale of two narratives: the enduring strength and gravitational pull of an established blockchain like Ethereum, and the inherent volatility and dependency faced by newer, albeit promising, platforms like Base. The broader crypto market trends are influenced by a myriad of factors, including macroeconomic conditions, regulatory developments, technological advancements, and investor sentiment. What we are observing now is a consolidation of value towards networks perceived as more secure, decentralized, and liquid, especially during periods of uncertainty or strategic capital reallocation. Consider the following: Metric Ethereum (ETH) Base Net Capital Flow (YTD) +$8.5 Billion -$4.3 Billion Market Cap Rank #2 (among cryptocurrencies) Growing, but not directly comparable Ecosystem Maturity Highly Mature, Established DeFi/NFTs Emerging, Rapidly Developing Primary Driver of Flow Staking, DeFi, Institutional Interest Initial Growth, but impacted by large withdrawals This comparison underscores the different stages of development and market perception that these two blockchain entities currently face. The Evolving Landscape of Layer 2 Solutions: A Crucial Battleground? The performance of Base also sheds light on the intense competition within the realm of Layer 2 solutions . These solutions are vital for scaling blockchain networks like Ethereum, aiming to reduce transaction costs and increase throughput. While Base leverages Optimism’s technology, it competes with a growing number of other Layer 2s, including Arbitrum, zkSync, Polygon, and StarkNet, each vying for developer and user adoption. The challenges faced by Base highlight several key considerations for the future of Layer 2 solutions : Capital Stickiness: How well can a Layer 2 retain the capital that flows onto its network? Large withdrawals by whales or institutional players can significantly impact a nascent ecosystem. Developer Incentives: Beyond technical capabilities, Layer 2s must offer compelling incentives and support for developers to build innovative applications. User Experience: Ease of bridging assets, low fees, and reliable performance are crucial for attracting and retaining everyday users. Interoperability: The ability to seamlessly interact with other Layer 2s and the mainnet will be increasingly important as the ecosystem matures. The ongoing evolution of Layer 2 solutions will determine the scalability and accessibility of the decentralized web, making this a crucial battleground for innovation and capital. Navigating Digital Asset Flows: What Does This Mean for Investors? For investors and enthusiasts alike, understanding these significant shifts in digital asset flows is paramount. Ethereum’s strong capital inflow suggests a robust and growing ecosystem, making it a compelling long-term hold for many. Its continued development and dominant position in DeFi and NFTs underpin its value proposition. On the other hand, the Base outflow serves as a reminder of the inherent risks and rapid shifts possible in the newer, more experimental corners of the crypto market. While Layer 2s offer immense potential, they are also subject to competitive pressures and the strategic decisions of large entities. Actionable Insights: Diversify Your Portfolio: Don’t put all your eggs in one basket. A diversified approach across established assets like Ethereum and carefully researched emerging projects can mitigate risk. Stay Informed: Keep a close eye on capital movements, major exchange activities, and network development updates. These can be leading indicators of future performance. Understand the “Why”: Don’t just look at the numbers; delve into the reasons behind significant inflows or outflows. Is it a strategic move, a technical issue, or a change in sentiment? Long-Term vs. Short-Term: Differentiate between short-term market fluctuations and long-term fundamental shifts. Ethereum’s recovery seems rooted in fundamentals, while Base’s challenge is a specific capital reallocation. The dynamic nature of digital asset flows requires continuous learning and adaptability. These shifts are not merely financial transactions; they reflect confidence, innovation, and strategic positioning within the ever-evolving blockchain industry. Conclusion: A Shifting Tide in the Crypto Landscape The recent data revealing a massive $8.5 billion Ethereum inflow and a substantial $4.3 billion Base outflow underscores a pivotal moment in the cryptocurrency market. Ethereum is demonstrating remarkable resilience and attracting significant capital, reinforcing its position as a dominant force. Conversely, Base is navigating a challenging period, highlighting the competitive pressures and the impact of large institutional movements on emerging Layer 2 solutions. These contrasting narratives offer valuable lessons on the maturity of blockchain ecosystems, the influence of major players like Binance, and the critical importance of sustained liquidity and developer adoption. As the market continues to evolve, keeping a close watch on these capital flows will provide key insights into where innovation and value are truly congregating. To learn more about the latest crypto market trends , explore our article on key developments shaping digital asset flows and institutional adoption. This post Ethereum Inflow: A Remarkable Comeback as Base Experiences Billions in Outflow first appeared on BitcoinWorld and is written by Editorial Team

4 Jul 2025, 20:00

Binance Names Gillian Lynch as New Head of Europe and UK

Binance, one of the world’s biggest crypto exchanges, has named Gillian Lynch as its new Head of Europe and the United Kingdom. In this role, she will lead the company’s operations and strategy and work closely with regulators in the region. This change is part of Binance’s plan to expand in countries with established cryptocurrency regulations. It comes as the European Union begins to implement its new crypto law, the Markets in Crypto-Assets (MiCA) regulation, which was signed into law in 2023 . Lynch to Lead Growth with Focus on Safety and Rules Lynch will help Binance expand across Europe while ensuring user safety remains a top priority. Speaking about her new role , she said the crypto industry is now entering a new chapter. Countries are establishing more explicit rules, and companies must adhere to them. She also stated that she is ready to help the exchange build a safe and open digital asset ecosystem. Before joining Binance, Lynch was the CEO of Europe at Gemini. There, she helped the company grow and handled regulatory issues. She has also worked at the Bank of Ireland and the fintech firm Leveris. Binance CEO Richard Teng said Lynch’s background in finance and rules make her a strong choice for this role. He believes she will support responsible growth and help more people in Europe access crypto. Binance Grows Services Despite UK Challenges Lynch’s appointment comes as Binance works to grow its global reach. The exchange now serves over 275 million users, with 25 million joining in late 2024. In Europe, Binance is adapting to meet the requirements of MiCA. This includes removing stablecoins that do not meet the new rules and working with new payment partners to improve SEPA bank transfers for EU users. The UK, however, remains a challenging market due to ongoing rule changes. Even so, Binance is finding ways to adjust and grow its operations. Binance Adds New Services for Institutional Clients and Developers In addition to leadership changes, Binance is also launching new services . Binance Institutional Loans were recently introduced by CEO Changpeng Zhao, also known as Richard Teng. This new service enables large clients to borrow money using the cryptocurrency they already hold. Investors can receive up to four times the value of their assets without transferring funds to a single account. In some cases, the interest rate could be zero. The trading platform also launched SAFUGPT, an AI tool built using GPT-4 and DeepSeek. It helps developers create safer crypto apps. With Gillian Lynch now leading the region, Binance hopes to grow in a safe and rule-following way. The company will continue to develop new tools for both individual users and large investors. The post Binance Names Gillian Lynch as New Head of Europe and UK appeared first on TheCoinrise.com .

4 Jul 2025, 19:53

Humanity token defies market slump with 40% price surge

Humanity, a decentralized biometric and identity data platform, is the top-performing token among the 500 largest coins by market cap, with a 40% price gain in the last 24 hours. The Humanity ( H ) token gained as most altcoins dipped amid Bitcoin ( BTC )’s slip from highs of $110k on Friday. Losses for BTC came amid a massive 80,000 Bitcoin transfer by wallets that had stayed dormant for over 14 years, and saw Ethereum, XRP and Solana among other top digital assets retreat to support levels. However, Humanity’s native token defied the downturn as its price surged from lows of $0.072 to above $0.108. The daily gains, accompanied by a 74% spike in trading volume to over $481 million, extended the cryptocurrency’s weekly rally to over 400%. You might also like: Chainlink whales accumulate 85M LINK while retail stalls — Will LINK price follow? Why did Humanity token jump today? Several catalysts are likely driving H price higher today. One key driver is the launch of Humanity trading pairs against the Korean won, with South Korea-based crypto exchange Bithumb adding the H/KRW pair on Thursday. The token has surged following this listing, largely due to the significant retail demand that often accompanies listings on Korean exchanges. $H is coming to @BithumbOfficial later today! 🖐️ https://t.co/fPCikbPoT1 — Humanity Protocol 「 🖐️ ✦ 🇺🇳 」 (@Humanityprot) July 3, 2025 Market data shows the H/KRW pair had seen over $46 million in 24-hour volume on Bithumb – volumes that are comparable to those recorded on some of the platforms offering Tether ( USDT ) pairs. Humanity launched its token in June and has benefited from market activity around its listing on top exchanges such as Bybit, MEXC, Bitget and Cypto.com Exchange. Other than spot trading, H is also available for perpetual futures. Humanity secured a $20 million funding round at a $1.1 billion valuation in January 2025. The round was led by Pantera Capital and Jump Crypto. The blockchain project, which has formed partnerships with companies including Kaito and Nasdaq-listed Prenetics, stated the funds would be used to advance its decentralized identity solution. You might also like: Solana captures 95% of tokenized stock trading volume in massive DeFi pivot

4 Jul 2025, 19:52

Dormant Bitcoin Whales Move $2B After 14 Years

Two of the all-time great Bitcoin whale wallets, which had lain dormant since 2011, have mysteriously come back to life and shifted a combined 20,000 BTC—over $2 billion at today's prices—out of them to brand-new addresses. The cinematic resurrection of these Satoshi-era wallets has once again sparked controversy about Bitcoin's real circulating supply, the destiny of lost coins, and the possibility of fresh volatility as the market teeters at all-time highs. Following the Whale Transactions The two wallets, both of which were opened back in April 2011 when Bitcoin traded for just $0.78, each moved 10,000 BTC on 4th July 2025. The moves were first pointed out by Blockchain analysts at Whale Alert and Lookonchain before other on-chain data accelerated verification. The BTC, now worth over $1 billion per wallet, had remained completely dormant through three bear markets, the collapse of Mt. Gox, and Bitcoin's run to over $110,000. Most significantly, the coins were not being deposited onto exchanges, but into other fresh addresses, causing speculators to suspect the owner may be upscaling wallet security or preparing for future transactions rather than selling. This intel has fueled gossip on social media outlets, with some speculating the wallets could be owned by Satoshi Nakamoto or other early Bitcoin influencers, while others suggest possible links to Silk Road or recently pardoned individuals. Market Volatility and Impact Signals Historically, the re-appearance of long-dormant Bitcoin addresses—specifically ones of such magnitude—has been a signal for market volatility. While these particular transactions have yet to mean pressure in the form of selling (since the coins did not move to exchanges), the psychological impact to the market is enormous. Traders and experts look closely at such whale activity as potential indicators of supply shocks or price volatility. Real-time on-chain analysis presents the information that while some of these vintage whales have sold during 2025's rally, there are still most coins in such Satoshi-era wallets remaining off exchanges, limiting near-term risk of downside. CryptoQuant data presents the news that the exchange whale ratio has actually fallen, meaning fewer whales selling out and a more ”natural” market environment. Even then, the mere possibility of these coins surfacing on the market at some point is sufficient to keep traders on their toes. What Previous Whale Reactivations Mean for Bitcoin In the past, whale reactivations on a large scale have happened during periods of heightened volatility and, at times, local market tops. However, not all dormant wallet movements translate into a sell-off. Whales sometimes simply upgrade security, roll coins into new custody solutions, or set up for inheritance and estate planning. Recent movements, to non-exchange addresses, suggest no immediate seller intent, but they also re-raise the question of how much Bitcoin supply is truly ”lost” vs simply dormant. On-chain data also shows that the percentage of long-term holders' Bitcoin supply is near all-time highs despite some of the older coins moving. Such action is double-edged: it can prop up prices by reducing circulating supply, yet impulsive whale movement can quickly change sentiment.