# Exchange Related Articles

HTX News Center provides the latest articles and in-depth analysis on "Exchange", covering market trends, project updates, tech developments, and regulatory policies in the crypto industry.

Bitcoin ‘cold case’ cracks open – 500 BTC from 2012 resurfaces, what now?

Bitcoin, with nearly 17 years of history, has an estimated 2.3 million BTC (11–19% of supply) lost due to inaccessible keys or storage failures. However, some are resurfacing, including over 6,500 pre-2012 coins. Recently, 500 BTC from 2012, linked to Irish drug dealer Clifton Collins, moved to Coinbase Prime. Collins originally purchased 6,000 BTC with drug money but lost access after his 2017 arrest. Ireland’s Criminal Assets Bureau seized the funds, and with Europol's help, accessed part of the holdings. 5,500 BTC remain frozen, worth around $423 million. Despite this deposit, Bitcoin exchange inflows are declining, with net flows negative, indicating accumulation. BTC's price holds above $70k, with RSI at 51, suggesting buyer presence. A break above $72k could target $78k, but a drop below $70k may test $67k support.

ambcrypto03/25 14:03

Bitcoin ‘cold case’ cracks open – 500 BTC from 2012 resurfaces, what now?

ambcrypto03/25 14:03

BYDFi Expands European Reach with Next Block Expo 2026 Sponsorship in Warsaw

BYDFi, a global crypto trading platform, is sponsoring Next Block Expo 2026, held in Warsaw, Poland, on March 24-25. The event is a major crypto and blockchain gathering in Central and Eastern Europe, featuring over 140 speakers and numerous Web3 participants. At the expo, BYDFi is engaging with attendees, sharing product insights, and hosting a mystery blind-box giveaway with limited-edition merchandise, including items from its partnership with Newcastle United. The company emphasizes its commitment to reliability, clear communication, and a user-first approach in the evolving market. Additionally, BYDFi is preparing to celebrate its 6th anniversary in April with a month of community activities and rewards.

TheNewsCrypto03/25 10:56

BYDFi Expands European Reach with Next Block Expo 2026 Sponsorship in Warsaw

TheNewsCrypto03/25 10:56

Chainlink demand surges as withdrawals reach 2 mln LINK: Will this boost price?

Chainlink (LINK) is experiencing a surge in investor demand, with over 2.046 million tokens withdrawn from exchange reserves in the past month, signaling potential accumulation and a bullish sentiment. Despite a modest monthly gain of 3.75%, LINK saw a 7.15% price increase in 24 hours, trading at $9.20, accompanied by a 65% surge in trading volume to $952.83 million. Analytics data indicates long-term holder interest, with exchange reserves dropping significantly. Derivatives data shows traders favoring long positions, with bulls dominating. Technically, LINK is moving within an ascending channel pattern. After a recent dip to the lower boundary, a bullish engulfing candle suggests a potential reversal. If LINK holds above $8.576, a 10% rise to $10.08 is possible, with further upside toward $11.20 if key resistance is broken. The RSI at 52.03 indicates growing buying interest and a shift toward bullish territory.

ambcrypto03/25 02:01

Chainlink demand surges as withdrawals reach 2 mln LINK: Will this boost price?

ambcrypto03/25 02:01

Ozak AI Presale Raises $6.5M as Analysts Expect First Exchange Listing Could Jump Prices 50×–200× Immediately

Ozak AI has raised over $6.5 million in its presale, with the token priced at $0.014. Analysts project that its first exchange listing could trigger a significant repricing event, potentially reaching $1.00—a 50× to 200× increase from presale levels. This expectation is driven by the wide price gap, limited token availability at launch, and strong market interest in AI-related tokens. The project is building a utility-driven AI infrastructure stack, including Prediction Agents, a real-time data processing network, and EigenLayer integration. With speculation growing around a potential Tier-1 exchange listing, the presale is seen as a narrowing window for early entry before public trading begins.

TheNewsCrypto03/24 14:01

Ozak AI Presale Raises $6.5M as Analysts Expect First Exchange Listing Could Jump Prices 50×–200× Immediately

TheNewsCrypto03/24 14:01

The Last Time I'll Talk About Backpack, and Also Discussing My Airdrop Farming Principles

The author outlines two primary approaches to airdrop farming (referred to as "撸毛"): a labor-intensive" method of mass participation in many projects, and their own "sniper" method. The sniper approach relies on a rigorous four-point checklist to filter projects and avoid "industrial garbage." The checklist evaluates: 1. **Team (People):** Founders must be intelligent, have strong execution skills, and be genuinely well-intentioned. This is assessed through their social media content and, if possible, personal interactions. 2. **Product (Product-Market Fit):** The product must have a clear market fit, be delivered competently, and the team must show a responsible attitude towards its quality, avoiding releases full of basic errors. 3. **Narrative (Story):** The project should operate in a promising, unproven narrative within Web3 that also aligns with major investment trends in Web2 (e.g., AI). 4. **Timing & Cost (Market Conditions):** Avoid participating when market sentiment is overly FOMO-driven and participation costs are high. If an opportunity causes hesitation, it's best to skip it, as overcrowded airdrops yield minimal or negative returns. Applying this framework, the author explains why they avoided heavily farming the Backpack exchange airdrop: * **Narrative:** They are skeptical of the "compliant CEX" narrative, questioning its unique selling point against giants like Binance and OKX. * **Product:** They criticize Backpack's frequent technical failures, rollbacks, and what they perceive as a lack of product development rigor, comparing it unfavorably to competitors like Hyperliquid. * **Timing & Cost:** The participation cost was high compared to zero-fee alternatives available at the time. The author concludes that Backpack lacks the technical and operational prowess of a serious exchange and views its token more as a "VC-backed meme coin" for secondary market speculation rather than a worthwhile airdrop target.

比推03/23 20:38

The Last Time I'll Talk About Backpack, and Also Discussing My Airdrop Farming Principles

比推03/23 20:38

Dogecoin nears $0.088 support – But THESE signals hint at downside

Dogecoin (DOGE) is nearing a critical support level at $0.088, with recent on-chain activity showing increased transfers and transactions, yet failing to boost its price. This is attributed to a distribution phase, where whale inflows into exchanges have created selling pressure. Market sentiment remains bearish due to global tensions, affecting both crypto and stock markets. Bitcoin's drop below $70,000 has added to the downward pressure. Technical indicators like the RSI at 35 confirm bearish momentum, though the CMF suggests slightly easing outflows. A cluster of long liquidations between $0.084 and $0.088 could drive prices lower, potentially testing $0.086. A break below this level would weaken bullish prospects, while a hold could set the stage for a recovery.

ambcrypto03/23 20:34

Dogecoin nears $0.088 support – But THESE signals hint at downside

ambcrypto03/23 20:34

BingX Futures Trading 2.0: Powering the Next Era of Trading

BingX, a leading cryptocurrency exchange, has launched Futures Trading 2.0, a major upgrade to its futures trading platform. This comprehensive redesign enhances speed, clarity, and usability across the entire trading process on both its app and web platforms. The update focuses on three core areas: streamlined order placement with simplified settings and faster tools like Lightning Close; enhanced market charts with improved performance, new features like the Liquidation Line, and greater data transparency; and more intuitive take-profit/stop-loss tools with new trigger methods based on price percentages. As a top global crypto derivatives exchange, BingX aims to provide traders with a more integrated and efficient interface for leveraged trading with advanced risk management.

TheNewsCrypto03/23 13:17

BingX Futures Trading 2.0: Powering the Next Era of Trading

TheNewsCrypto03/23 13:17

TGE in a Bear Market: Is Backpack the Starting Point or the End?

Backpack, a prominent Solana ecosystem wallet and centralized exchange, conducted its TGE (Token Generation Event) for the BP token on March 23. The total supply is set at 1 billion tokens, with 25% (250 million) unlocked at TGE—24% for points holders and 1% for Mad Lads NFT holders. No team or investor tokens are in the initial circulation. The tokenomics are designed to prevent insider dumping: founders, employees, and investors receive no direct token allocation. Instead, the team’s share is held in a company treasury, locked until at least one year after a future IPO. Tokens are released based on key milestones like regulatory progress and product expansion. Users could claim tokens by completing TGE verification on Backpack platform. The project implemented strict anti-Sybil measures, including KYC and manual confirmation requirements, reclaiming over 50 million "fake points." Backpack introduced a staking-to-equity mechanism: users staking BP for at least one year can convert tokens into company shares, with 20% of equity allocated to stakers. Market predictions from Polymarket suggest an FDV between $100-200 million at launch, aligning with Backpack’s previous $120 million valuation. The project has raised $17 million in Series A funding and is reportedly negotiating a new round at a $1 billion pre-money valuation. Amid a bear market, Backpack’s TGE is a significant test of market confidence and project sustainability.

比推03/23 08:33

TGE in a Bear Market: Is Backpack the Starting Point or the End?

比推03/23 08:33

Gate Releases Latest Reserve Report: Covers Nearly 500 User Assets, BTC Reserve Ratio Reaches 147%

Gate has released its latest Proof of Reserves (PoR) report, demonstrating strong financial health. As of March 16, 2026, the platform's overall reserve ratio stands at 122%, significantly exceeding the 100% industry safety benchmark. The reserves cover nearly 500 different types of user assets, highlighting robust risk management capabilities. Key assets show substantial over-collateralization: BTC reserves are at 147% (25,404 BTC held for 17,216 user BTC), ETH at 122.75%, and stablecoins like USDT, USDC, and GUSD also maintain reserves well above 100%. GT and XRP reserves are reported at 136.84% and 116.54%, respectively. As a global leader founded in 2013, Gate emphasizes security and transparency through measures like 100% reserve commitment, zero-knowledge proofs, and a verifiable reserve mechanism. Serving over 50 million users, the platform continues to expand its product offerings, including TradFi integration and Intelligent Web3 initiatives, aiming to foster a secure and evolving digital asset ecosystem.

marsbit03/23 07:52

Gate Releases Latest Reserve Report: Covers Nearly 500 User Assets, BTC Reserve Ratio Reaches 147%

marsbit03/23 07:52

Why Bitcoin Price Rallied From $65,000 To $74,000 — Analyst Gives ‘Real Reason’

Bitcoin's recent rally from $65,000 to over $74,000 is attributed to significant outflows from Binance, according to a CryptoQuant analysis by Burak Kesmeci. The 30-day simple moving average of Bitcoin exchange outflows indicates that approximately $55 million worth of BTC has been leaving Binance daily, signaling strong accumulation and growing long-term investor confidence. This persistent demand, reflected in the declining netflow, has supported Bitcoin's price strength even amid global equity market declines and geopolitical tensions. At the time of writing, Bitcoin trades around $70,620.

bitcoinist03/22 00:31