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25 May 2026, 13:05
Binance Australia Mandates Full User ID for All Crypto Transfers Starting July 1

BitcoinWorld Binance Australia Mandates Full User ID for All Crypto Transfers Starting July 1 Binance Australia has announced that starting July 1, 2026, all cryptocurrency deposits and withdrawals on its platform will require enhanced identity verification. The policy applies to every transaction, regardless of amount, effectively ending the ability to send or receive crypto anonymously through the exchange. What the new rules require Under the updated policy, users must provide the real names, countries of residence, and addresses of both the sender and the receiver for each transfer. Binance has stated that it may hold, delay, or return transactions if the required identity information cannot be confirmed. The move aligns with Australia’s full implementation of the Financial Action Task Force (FATF) Travel Rule, which requires virtual asset service providers to share customer information during transactions. Impact on the Australian crypto market Market analysts view this as a significant step toward regulatory compliance that could reshape Australia’s digital asset landscape. The Travel Rule, originally designed to combat money laundering and terrorist financing in traditional banking, is now being applied comprehensively to cryptocurrency exchanges. By requiring identification for all transfers, Binance Australia is closing a long-standing loophole that allowed pseudonymous transactions. Why this matters for users For everyday crypto users in Australia, the change means greater transparency but also less privacy. Those who rely on cryptocurrency for anonymous transfers will need to find alternative methods or adjust their practices. The policy may also affect how businesses and individuals manage cross-border crypto payments. Binance has advised users to ensure their account details are up to date to avoid delays or frozen funds after the deadline. Broader regulatory context Australia has been progressively tightening its cryptocurrency regulations. The full adoption of the FATF Travel Rule follows earlier measures such as mandatory registration for digital currency exchanges with AUSTRAC, Australia’s financial intelligence agency. Other major exchanges operating in the region are expected to follow similar compliance paths, potentially creating a uniform standard across the industry. Conclusion The July 1 deadline marks a clear shift in Australia’s approach to digital asset oversight. Binance Australia’s decision to enforce identity verification on all transfers reflects a global trend toward greater regulatory scrutiny in the crypto space. Users should prepare for the change to avoid disruptions to their transactions. FAQs Q1: Will I need to verify my identity for every single crypto transfer? Yes, starting July 1, 2026, Binance Australia will require the real names, countries of residence, and addresses of both sender and receiver for all deposits and withdrawals, regardless of the amount. Q2: What happens if I don’t provide the required information? Binance has stated it may hold, delay, or return transactions if the identity information cannot be confirmed. It is advisable to update your account details before the deadline. Q3: Does this apply to transfers between my own wallets? Yes, the policy applies to all cryptocurrency deposits and withdrawals on Binance Australia, including transfers to personal wallets, unless specifically exempted by the exchange. This post Binance Australia Mandates Full User ID for All Crypto Transfers Starting July 1 first appeared on BitcoinWorld .
25 May 2026, 13:02
The Infamous $50 XRP Candle On Gemini Wasn’t Just A Glitch

On August 10, 2023, XRP briefly reached an astonishing price of $50 on the Gemini exchange, despite trading near $0.63 across the broader crypto market. At the time, many retail traders dismissed the event as a technical malfunction or charting error. However, crypto enthusiast Ledger Man recently revisited the incident and argued that the move was not a software glitch, but a genuine market execution caused by extreme illiquidity and severe slippage. The event occurred shortly after Gemini reopened XRP trading following Judge Analisa Torres’ July 2023 ruling that programmatic XRP sales on public exchanges did not constitute securities transactions. The decision triggered a wave of XRP relistings across U.S.-based exchanges, and Gemini’s launch of XRP spot trading attracted immediate market attention. According to Ledger Man, the now-infamous candle exposed deeper structural weaknesses within newly opened crypto markets and demonstrated how thin liquidity can produce extreme price distortions within seconds. The infamous $50 XRP candle on Gemini in 2023 wasn’t just a glitch — it was caused by extreme illiquidity and massive slippage. pic.twitter.com/JfFtjqijQu — Ledger Man (@strivex_) May 24, 2026 How a Thin Order Book Allowed XRP to Reach $50 The explanation behind the sudden spike centers on market depth and the mechanics of order execution. When Gemini launched XRP trading, market makers had not yet fully funded accounts or deployed sufficient automated liquidity systems. As a result, the exchange’s sell-side order book remained unusually shallow. Analysts noted that it initially took only around $37,000 in trading volume to move XRP’s price significantly higher on Gemini. This revealed how fragile the market structure was in the first hours of trading. The situation escalated when a buyer reportedly submitted a large market order. Unlike a limit order, a market order purchases assets immediately at the best available prices. Because there were very few sell orders between XRP’s prevailing market value and much higher price levels, the order rapidly consumed available liquidity. The trade swept through sell orders at prices near $0.63, $1, and even several dollars higher before eventually matching with a resting limit sell order placed at $50. That transaction was officially printed on Gemini’s order book, making the $50 candle a legitimate execution event rather than a visual error. Slippage, Liquidity, and the Fast Correction Ledger Man’s commentary emphasized the role of catastrophic slippage in the incident. Slippage refers to the difference between the expected execution price of a trade and the actual executed price. In highly liquid markets, slippage remains minimal. In thin markets, however, even moderate orders can trigger violent price swings. The XRP candle corrected almost immediately because arbitrage traders and automated bots quickly identified the pricing imbalance. As fresh sell orders entered the market near global spot prices, XRP rapidly returned to normal trading levels. Gemini later adjusted historical chart displays, flattening the spike and causing many observers to believe the move had been purely graphical. However, supporters of the liquidity-event thesis maintain that the transaction itself genuinely occurred on the exchange. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 Why the Event Still Matters for Institutional Crypto Adoption Ledger Man also connected the Gemini incident to broader discussions surrounding institutional crypto infrastructure. The event demonstrated how fragile public exchange liquidity can become when large orders interact with shallow books. Analysts argue that if relatively small retail-sized trades could trigger such an extreme move, large-scale institutional transfers involving billions of dollars would require significantly deeper liquidity systems. This concern becomes especially relevant in discussions surrounding Ripple’s cross-border payment ambitions and On-Demand Liquidity services. The Gemini XRP candle ultimately highlighted a critical issue facing the digital asset industry: large-scale adoption cannot rely solely on thin public order books. Institutions may require dedicated liquidity pools or far greater market depth to avoid destabilizing price swings during high-volume transactions. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post The Infamous $50 XRP Candle On Gemini Wasn’t Just A Glitch appeared first on Times Tabloid .
25 May 2026, 12:05
Trump Vows Any Iran Deal Will Be ‘Exact Opposite’ of JCPOA, Signaling Hardline Shift

BitcoinWorld Trump Vows Any Iran Deal Will Be ‘Exact Opposite’ of JCPOA, Signaling Hardline Shift President Donald Trump has declared that any future nuclear agreement with Iran will be fundamentally different from the Joint Comprehensive Plan of Action (JCPOA), calling the 2015 accord a ‘disaster’ and vowing to pursue terms that are its ‘exact opposite.’ The statement, made during a press availability, signals a dramatic shift in U.S. diplomatic posture toward Tehran and raises questions about the viability of renewed negotiations. Background: The JCPOA and Its Collapse The JCPOA, signed in 2015 between Iran and the P5+1 (the United States, United Kingdom, France, Russia, China, and Germany), placed limits on Iran’s nuclear program in exchange for sanctions relief. The Trump administration withdrew from the agreement in 2018, citing flaws including sunset clauses and insufficient restrictions on ballistic missile development. Iran has since expanded its enrichment activities beyond JCPOA limits, reducing breakout time and increasing tensions across the region. Trump’s Stated Conditions for a New Deal President Trump did not provide specific terms for a new agreement but emphasized that it must address what he described as the JCPOA’s core weaknesses. These include permanent restrictions on enrichment, verifiable dismantlement of nuclear infrastructure, and curbs on Iran’s ballistic missile program. The administration has also signaled that any deal must address Iran’s regional proxy activities, which were not covered by the original accord. Implications for Diplomacy and Regional Stability The president’s uncompromising language suggests that the United States will demand far more stringent conditions than those previously negotiated. This approach could complicate efforts by European allies and other stakeholders to revive diplomatic channels. Iran has repeatedly stated that it will not accept a deal that requires full dismantlement of its nuclear program or limits its missile capabilities. Analysts warn that the hardening of positions on both sides increases the risk of escalation, including potential military confrontation. Conclusion President Trump’s declaration that any future Iran deal must be the ‘exact opposite’ of the JCPOA marks a clear departure from prior diplomatic frameworks and sets a high bar for negotiations. The coming months will test whether the administration can translate this tough rhetoric into a viable agreement or whether the gap between U.S. demands and Iran’s red lines remains too wide to bridge. The outcome will have significant consequences for nuclear nonproliferation, Middle East security, and global energy markets. FAQs Q1: What is the JCPOA and why did Trump call it a disaster? The JCPOA, or Iran nuclear deal, was a 2015 agreement that limited Iran’s uranium enrichment in exchange for sanctions relief. President Trump criticized it for having sunset clauses that allowed restrictions to expire and for not addressing Iran’s missile program or regional activities. Q2: What would a new deal under Trump look like? President Trump has indicated any new agreement must impose permanent and verifiable restrictions on Iran’s nuclear program, include limits on ballistic missiles, and address Iran’s support for proxy groups in the Middle East. He has not provided a detailed framework. Q3: How has Iran responded to Trump’s statement? Iranian officials have rejected preconditions and stated that they will not negotiate under pressure. Iran’s nuclear program has continued to expand beyond JCPOA limits, and the country has shown little willingness to accept stricter terms without significant sanctions relief. This post Trump Vows Any Iran Deal Will Be ‘Exact Opposite’ of JCPOA, Signaling Hardline Shift first appeared on BitcoinWorld .
25 May 2026, 12:00
HYPE Rally Accelerates Above $60 As High-Profile Whale Quietly Builds His Position

HYPE has surged above its all-time highs, reaching $65 yesterday in a move that has captured the attention of the broader crypto market at a moment when most assets are struggling under selling pressure. The breakout is significant on its own terms — but data from Hyperliquid has surfaced a detail about who is accumulating the asset that adds a layer of conviction signal to the price action that the chart alone cannot provide. Related Reading: FET Exchange Supply Is Quietly Disappearing – Discover Why Traders Are Watching Closely Garrett Jin — the whale identified as the trader who placed a $735 million short position on Bitcoin immediately before the October 10 market crash, a call that became one of the most discussed and most accurate large-scale trades of the cycle — has been buying HYPE over the past four days. The accumulation totals 145,050 tokens at an approximate cost of $9.05 million. More significantly, Jin has placed a TWAP order — a time-weighted average price execution that automatically continues buying at measured intervals — to acquire an additional 39,940 HYPE worth approximately $2.44 million. Garrett Jin's holdings on-chain | Source: Hypurrscan.io TWAP orders are not reactive trades. They are deliberate, systematic accumulation strategies used by participants who want to build a position over time without moving the market against themselves. Garrett Jin is not responding to HYPE’s all-time high breakout. He has been building toward it — and has automated the next phase of that build to continue regardless of short-term price fluctuations. The trader who called October’s crash is telling the market something specific about where he thinks HYPE goes from here. A $9M HYPE Bet Alongside $77M in Active Positions The Hyperliquid data reveals the full portfolio context that makes the HYPE accumulation more significant than a standalone transaction. Garrett Jin is not a participant whose entire focus has shifted to HYPE. He is actively managing a multi-asset book simultaneously — and the HYPE position is being built alongside, not instead of, his existing commitments. On the long side, Jin holds 504.4 Bitcoin worth approximately $38.9 million — a substantial directional bet on Bitcoin’s recovery that reflects continued conviction in the broader crypto market despite the recent weakness that has tested most participants. The position size places him in a category of trader whose Bitcoin view carries real financial consequence rather than speculative noise. Garrett Jin's perps positions on Hyperliquid | Source: Hypurrscan.io On the short side, Jin holds 57,460 ZEC worth approximately $38 million — a position currently down approximately $2.11 million, representing a deliberate bet against Zcash that he has maintained through that unrealized loss rather than cutting at the first sign of pressure. The willingness to hold a losing short reflects the same conviction management that characterizes his track record. The combined picture describes a trader running approximately $77 million in active directional positions across three assets simultaneously — while systematically adding to HYPE through an automated accumulation order. This is not a casual allocation or a momentum chase. It is a calculated addition to an already substantial and actively managed book from the same participant who identified October’s crash before it happened. Related Reading: Kevin Warsh’s Fed Era Could Change Bitcoin Forever – Here’s The First Signal To Watch HYPE Enters Price Discovery After Explosive Breakout HYPE has entered a powerful price discovery phase after breaking decisively above its previous all-time highs near the $50 level. The daily chart shows a clear acceleration in momentum over the past two weeks, with buyers reclaiming control after months of consolidation and gradually building higher lows since March. The breakout above the previous resistance zone triggered an explosive expansion move that pushed HYPE toward the $65 region, confirming one of the strongest trend structures currently visible across the crypto market. HYPE consolidates above its previous ATH | Source: HYPEUSDT chart on TradingView What makes the move particularly significant is the combination of price strength and volume expansion. Recent candles show rising participation as HYPE pushed vertically higher, suggesting the rally is not occurring on thin liquidity alone. Volume increased aggressively during the breakout, reflecting strong market interest and sustained buying pressure rather than a temporary short squeeze. Related Reading: XRP Whale Dominance Returns To Binance While Coinbase Data Tells A Different Story Technically, HYPE remains firmly above the 50-day and 100-day moving averages, both of which are now trending upward and acting as dynamic support zones. The 200-day moving average sits far below current price levels near the mid-$30 range, highlighting how extended the current bullish structure has become. As long as HYPE holds above the former breakout area around $56–$58, bulls maintain control of the trend. However, after such a sharp expansion, volatility and profit-taking risk are likely to increase substantially in the short term. Featured image from ChatGPT, chart from TradingView.com
25 May 2026, 12:00
Indian Rupee Extends Rally as RBI Governor Malhotra Signals Continued Intervention

BitcoinWorld Indian Rupee Extends Rally as RBI Governor Malhotra Signals Continued Intervention The Indian rupee strengthened for a second consecutive session on Wednesday, extending its recent rally after Reserve Bank of India (RBI) Governor Sanjay Malhotra signaled the central bank’s readiness to intervene in the foreign exchange market to curb volatility. The currency gained nearly 0.3% against the US dollar, closing at 83.12, its highest level in over two weeks. Malhotra’s Remarks Fuel Optimism Speaking at a financial conference in Mumbai, Governor Malhotra stated that the RBI remains “vigilant and proactive” in managing exchange rate movements, emphasizing that the central bank has the tools and reserves to ensure orderly market conditions. His comments were widely interpreted as a commitment to prevent sharp depreciation, which has been a concern for importers and businesses with foreign currency exposure. Market participants noted that Malhotra’s language was more direct than previous communications, reinforcing the RBI’s stance against speculative attacks on the rupee. The central bank has been actively intervening through state-run banks, selling dollars in the spot and forward markets to support the local currency. Forex Reserves Provide a Strong Backing India’s foreign exchange reserves stood at approximately $615 billion as of the latest reporting week, providing the RBI with substantial firepower to manage currency fluctuations. Analysts believe that the reserves, combined with a narrowing trade deficit and robust capital inflows, give the central bank ample room to stabilize the rupee without depleting its buffer. Impact on Importers and Exporters A stronger rupee benefits importers, particularly those in the oil, electronics, and machinery sectors, by reducing their input costs. However, it poses a challenge for exporters, especially in textiles, pharmaceuticals, and IT services, whose products become relatively more expensive in global markets. The RBI’s intervention strategy aims to strike a balance between supporting domestic competitiveness and controlling imported inflation. Economists at Barclays noted in a recent report that the RBI’s proactive approach has helped reduce volatility, making the rupee one of the more stable emerging market currencies in recent months. They expect the central bank to continue leaning against excessive depreciation, particularly ahead of any global risk events such as US Federal Reserve policy decisions. Market Reaction and Forward Outlook The rally was broad-based, with the rupee gaining against the euro, pound, and yen as well. The dollar index, which measures the greenback against a basket of major currencies, remained subdued amid expectations that the Fed may pause its rate hiking cycle. This external tailwind, combined with the RBI’s intervention signals, has created a favorable environment for the rupee. However, traders remain cautious. The currency is still down about 1.5% year-to-date, and any unexpected spike in global oil prices or a sudden risk-off sentiment could reverse the gains. The RBI’s next monetary policy meeting in April will be closely watched for further clarity on its exchange rate management framework. Conclusion Governor Malhotra’s explicit remarks on intervention have provided a short-term boost to the rupee, reinforcing market confidence in the RBI’s ability to manage currency volatility. While the outlook remains tied to global factors, the central bank’s strong reserve position and proactive stance offer a credible backstop against sharp depreciation. For Indian businesses and investors, the key takeaway is that the RBI is prepared to act decisively to maintain orderly market conditions. FAQs Q1: Why is the Indian rupee rallying? The rupee is rallying primarily due to RBI Governor Sanjay Malhotra’s remarks signaling continued central bank intervention to stabilize the currency, coupled with a weaker US dollar and strong forex reserves. Q2: How does RBI intervention work? The RBI intervenes by selling US dollars from its reserves in the open market through state-run banks, which increases the supply of dollars and supports the rupee’s value. It can also use forward contracts and other tools. Q3: Who benefits from a stronger rupee? Importers, especially of oil, electronics, and machinery, benefit from lower costs. Consumers may also see some relief from imported inflation. Conversely, exporters face headwinds as their goods become pricier abroad. This post Indian Rupee Extends Rally as RBI Governor Malhotra Signals Continued Intervention first appeared on BitcoinWorld .
25 May 2026, 11:25
Binance to Delist Margin Trading Pairs for COW, SKL, and COTI on May 29

BitcoinWorld Binance to Delist Margin Trading Pairs for COW, SKL, and COTI on May 29 Binance, the world’s largest cryptocurrency exchange by trading volume, has announced it will delist several margin trading pairs involving Cow Protocol (COW), SKALE Network (SKL), and Coti (COTI). The delisting is scheduled for 6:00 a.m. UTC on May 29. Details of the Delisting The affected cross margin pairs are COW/USDC, SKL/USDC, and COTI/USDC. Additionally, the isolated margin pair COW/USD will be removed from the platform. Users who currently hold open positions in these pairs are advised to close them before the deadline to avoid automatic liquidation or settlement. Why This Matters for Traders Margin trading allows users to borrow funds to increase their trading exposure. When an exchange delists a margin pair, it can lead to increased volatility as positions are closed. Traders holding these assets may face forced liquidation if they do not act before the cut-off time. Binance has not provided a specific reason for the delisting, but such actions often occur due to low trading volume, liquidity concerns, or periodic reviews of listed assets. Impact on COW, SKL, and COTI The delisting from Binance’s margin products does not necessarily affect spot trading availability for these tokens on the exchange. However, it reduces the range of financial instruments available to traders, potentially decreasing overall trading activity and liquidity for these assets. For the projects involved, this may signal reduced exchange support, which could influence market sentiment. What Users Should Do Binance advises all users to close their positions in the affected pairs before the delisting time. After the deadline, the exchange will settle any remaining open positions, and users may not be able to modify or cancel orders. It is recommended to review your portfolio and adjust margin positions accordingly. Conclusion This announcement is part of Binance’s routine maintenance and review of its trading products. While the delisting of margin pairs is not uncommon, it underscores the importance for traders to stay informed about changes to exchange offerings. The affected tokens will still be tradable via other pairs, but margin traders should take immediate action to avoid disruption. FAQs Q1: Will spot trading for COW, SKL, and COTI be affected? No, this delisting only applies to the specific cross and isolated margin pairs mentioned. Spot trading for these tokens may still be available on Binance through other trading pairs. Q2: What happens to my open margin positions after the deadline? Binance will automatically settle any remaining open positions after the delisting time. Users may incur losses if the settlement occurs at an unfavorable price. It is strongly recommended to close positions manually before the deadline. Q3: Why did Binance delist these margin pairs? Binance has not provided a specific reason. However, delistings typically occur due to factors such as low trading volume, insufficient liquidity, or as part of regular product reviews to maintain a healthy trading environment. This post Binance to Delist Margin Trading Pairs for COW, SKL, and COTI on May 29 first appeared on BitcoinWorld .










































