Binance has appointed SB Seker as the new regional chief of the Asia-Pacific region. He brings 20 years of experience in legal, compliance and monetary policy roles, including his past work as an Australian litigant and as a lawyer for the Singapore Monetary Authority. His background fits well with the Binance of the environment.

The appointment is made during a critical review

Binance Australia is currently undergoing independent audits requested by the country’s financial intelligence agencies. The audit focuses on money laundering and counter-terrorism funding policies. The Saker’s Arrival Come inside This review period and his expertise I’ll add it Weight into future Binance approaches.

We look forward to welcoming SB Seker as the new head of APAC!

With over 20 years of experience in the sector, Seker’s expertise is useful #binance It will strengthen its partnerships, navigate and prioritize sustainable growth, navigate the evolving regulatory environment… pic.twitter.com/j8ydvrgi9t

– Binance (@binance) September 1, 2025

Seker’s experience is consistent with the previous task

Before joining Binance, Seker played a senior role at Crypto.com, where he helped lead products and regulatory development. His work I touched it Several areas of financial compliance and technology policy; give He has a strong understanding of how global crypto companies operate under pressure. He works both internal With the government Inside Fast companies. That blending of experiences could help his new role.

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Industry leaders are paying attention

James Volpe, director of UCubed, said Seker has built a reputation know method Working inside A complex regulatory framework. His appointment gives regulators and business partners a clearer signal that Binance is taking oversight seriously. It also sends a message to local users that leadership changes are happening with long-term growth in mind.

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The role of a community with broad responsibility

Seker currently oversees Binance’s operations Asia Pacific. This includes direct involvement with regulators, policy teams and market partners. He will help shape how Binance deploys its products across regions where the pace of policy development changes across countries. That’s a big role in big moments.

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Addresses structural and staffing gaps

The audit process in Australia identified areas where Binance could improve. Especially around Staff stability and governance practices. Binance is already there It’s been built Large global compliance team, and Over 1,200 employees I work in this field. Seker’s leadership brings Sharpter We will focus on how these resources are used in the Asia-Pacific region.

A step towards greater adjustments

This is not just one office or one country. The company is clearly making moves to ensure local branches work closely with regulators rather than simply responding to investigations and enforcement actions. Such employment gives the company people who understand how to have those conversations without any friction.

Where does things go from here?

SB Seker is currently in the process of becoming more important. His work will help shape the way Binance meets local expectations, balances innovation and regulations and maintains momentum in key markets. Asia Pacific. That’s its role You will need it Patience, accuracy and a clear understanding of both Crypto Space and traditional finance.

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Shiba Inu forms first 2025 golden cross

Shiba Inu saw an 85% rise following the last golden cross occurrence. 

• Technical signal. SHIB 50-day MA crossed above the 200-day MA, creating its first daily golden cross this year.

Shiba Inu has formed a golden cross on its daily chart, the first such occurence in the year 2025, as SHIB saw a death cross on its one-day chart in February this year. The short-term moving average 50 has crossed above the long term moving average 200, resulting in a bullish golden cross.

• Significance. Bullish signal suggests potential upside, though market context remains cautious.

While Shiba Inu has formed moving average crossovers on the hourly or 4-hour time frames, the newly created golden cross is the first such on the daily chart this year. With this newly created bullish signal on the Shiba Inu charts, the market awaits where the dog coin will go next.

The broader cryptomarket is seeing continued profit taking, with major cryptocurrencies reversing early gains. Shiba Inu fell for three straight days from Aug. 22, when it saw a sharp rise from $0.000012 to $0.0000135. The drop hit a low of $0.00001183 from where Shiba Inu sharply rebounded in yesterday’s session.

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Bitcoin faces double-top risk after whale sell-off

Top trader Peter Brandt claims that Bitcoin (BTC) is facing a potential double top.

• BTC alert. Peter Brandt warns BTC bulls must reclaim $117,570 to avoid a “potential” double top.

Legendary trader Peter Brandt claims that Bitcoin bulls desperately need to reclaim the $117,570 level in order to avoid a “potential” double top. The leading cryptocurrency is currently changing hands at $111,794 after dipping to an intraday low of $100,381.

During the weekend, a Bitcoin whale liquidated a total of 24,000 coins that were worth more than $2.7 billion. It is believed that the massive crash was the key reason why the price of the leading cryptocurrency has now collapsed by $4,000 in mere minutes. 

• Reactions. Adam Back called the sell-off “clumsy.”

Blockstream CEO Adam Back described this kind of activity as clumsy. “Normally, people with that kind of money would be smarter,” Back said.  Even though some market participants have downplayed the importance of the massive whale move, Brandt insists that it should not be dismissed since it represents supply.  As noted by Brandt, market tops tend to be created by supply or distribution. 

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Dogecoin whale pulls $12M from Binance

DOGE withdrawal stuns Binance as new Dogecoin whale is born.

• Large transaction. A whale withdrew 52.9M DOGE (~$12M) from Binance in two large transactions

Dogecoin whale pulled 52.9 million DOGE off the world’s largest crypto exchange, Binance.  That is almost $12 million worth of liquidity that left the exchange in just under a day. The movements came in two big tranches, first 32.9 million DOGE, then another 20 million, both routed into a wallet that appeared only recently and now holds the whole stash.

Dogecoin has a circulating supply in the hundreds of billions, but when a single address consolidates that much volume, it can change how the order book functions in the short term. Binance is still the busiest place for DOGE, but now it looks like they have fewer of the coins available. 

This is usually seen as a sign that the holder does not want to trade them on the open market, but rather just hold on to them. This idea has been backed up by the past, when similar outflows happened before recoveries from local lows.

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Ethereum has once again taken center stage in the crypto market after surging to a new all-time high above the $4,900 level on Sunday. The rally, which pushed ETH into uncharted territory, highlighted the strength of bulls after weeks of steady institutional accumulation and market momentum. However, the price did not hold these highs for long. Ethereum has since retraced, dropping back to the $4,600 region, where bulls are now attempting to establish support before the next move higher.

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This pullback has sparked debate among analysts. Some view the retracement as a sign of a potential local top, cautioning that ETH may require a period of consolidation before another breakout attempt. Others, however, remain firmly bullish, pointing to strong fundamentals and growing institutional interest as signals that Ethereum’s rally is far from over.

Adding weight to the bullish case, key on-chain data reveals that Binance whales continue to position themselves heavily in Ethereum. Large spot and futures orders attributed to these players have been flowing consistently, particularly after ETH confirmed its positive trend. This steady accumulation suggests confidence in Ethereum’s long-term trajectory, even as short-term volatility continues to shape the market’s direction.

Binance Whales Accumulate Ethereum

According to top analyst Darkfost, Ethereum’s Average Order Size on Binance chart provides clear insight into the behavior of different cohorts, distinguishing between retail investors and whales. Since July, a significant shift has taken place: whale activity on Binance has surged. This reflects a growing trend of large-scale accumulation, with whale-sized spot and futures orders continuing to flow into the market as ETH edges closer to the $5,000 mark.

What makes this trend particularly noteworthy is the timing of whale participation. Unlike retail investors, who often try to buy early and ride potential upside, whales tend to prefer entering once a bullish trend has been confirmed.

Darkfost highlights that this pattern is evident now, as whale orders began accelerating only after Ethereum reversed its earlier downtrend and regained strong bullish momentum. This validates the idea that large players seek reduced risk and clearer confirmation before allocating capital at scale.

With both retail and institutional participants aligning, the coming weeks could be decisive in determining whether ETH firmly breaks into new price discovery. If whales continue to buy at this pace, Ethereum’s rally could extend far beyond its 2021 highs.

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Testing Critical Support Level

Ethereum (ETH) is currently trading around $4,598 after a sharp retracement from its new all-time high near $4,900. On the 4-hour chart, the structure shows that ETH is still maintaining a bullish trend, although momentum has cooled after last week’s explosive rally.

The 50 SMA ($4,455) and 100 SMA ($4,435) are now converging just below current price levels, acting as immediate dynamic support. This cluster strengthens the bullish outlook as long as ETH can remain above it. A deeper drop toward the 200 SMA ($4,068) would signal a broader correction phase and potentially extend the consolidation before another push higher.

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The recent pullback shows that sellers are active near the $4,900–$5,000 region, which now forms a critical resistance. A breakout above this level would open the path to uncharted territory and likely accelerate momentum, with targets potentially stretching toward $5,200 and beyond.

On the downside, failure to hold the $4,450–$4,400 support area could shift sentiment bearish in the short term, with traders eyeing $4,200 as the next key demand zone.

Featured image from Dall-E, chart from TradingView

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After navigating significant challenges in the United States regarding money laundering allegations that led to the resignation of its former CEO, Changpeng Zhao (CZ), cryptocurrency exchange Binance finds itself under scrutiny once again, this time in Australia. 

Binance’s AML And CTF Controls Under Fire

The Australian Transaction Reports and Analysis Centre (AUSTRAC), the nation’s financial intelligence agency, has mandated that Binance’s local arm appoint an external auditor due to “serious concerns” about its anti-money laundering (AML) and counter-terrorism financing (CTF) controls.

AUSTRAC’s concerns emerged following a recent independent review of Binance Australia’s operations, which the agency described as “limited in scope relative to its size, business offerings, and risks.”

The agency highlighted alleged issues from the exchange such as high staff turnover, inadequate local resources, and insufficient oversight from senior management. 

In a statement, AUSTRAC emphasized the need for robust systems that align with local regulatory requirements, particularly given the global nature of the exchange’s operations. 

Brendan Thomas, AUSTRAC’s chief executive, stressed the importance of effective customer identification, due diligence, and transaction monitoring in a high-risk environment. Thomas stated:

This is a global company operating across borders in a high-risk environment. We expect robust customer identification, due diligence and effective transaction monitoring.

Global Regulatory Challenges

Binance has been given a 28-day window to nominate external auditors to address these concerns. In response to the situation, Matt Poblocki, the general manager of Binance Australia and New Zealand, stated that the exchange has been engaging openly and transparently with AUSTRAC throughout recent months. 

The exchange’s executives reassured stakeholders and users in the country about the company’s commitment to maintaining high compliance standards and improving its capabilities.

Founded in 2017, Binance has rapidly ascended to become the world’s largest cryptocurrency exchange by trading volume. However, its journey has not been without difficulties. 

After initially operating in China, Zhao moved the company’s operations internationally due to a crackdown on the crypto sector by Chinese authorities. Despite its growth, Binance has faced accusations in multiple countries of facilitating the laundering of funds for criminal organizations.

Zhao pleaded guilty to violating US anti-money laundering laws in late 2023, resulting in a four-month prison sentence in 2024. However, Bitcoinist has reported that despite being banned from taking charge of the exchange, Zhao might be seeking a pardon from pro-crypto President Donald Trump.

These legal challenges have compounded the scrutiny on Binance with the exchange taking a new direction with its new CEO Richard Teng as regulators worldwide increasingly focus on ensuring compliance.

Despite recent scrutiny from Australia’s Transaction Reports and Analysis Centre, Binance’s native token, BNB, reached an all-time high of $882 on Friday. The cryptocurrency has consistently surged over the past month, even as the broader market struggled.

Featured image from DALL-E, chart from TradingView.com 

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Binance’s trading volume in 2025 has reached levels exceeding the combined totals of its leading competitors, marking a new phase in the concentration of exchange activity.

Data compiled by CryptoQuant shows Binance handling up to double the trading volume of all other exchanges combined, a development that is raising questions about the structure of liquidity in global markets.

Per TokenInsight data, Binance recorded approximately $8.39 trillion in trading volume during the first quarter of 2025, accounting for 36.5% of global activity despite a decline in overall market volume.

During Q1, Binance’s average daily trading volume stood near $36.6 billion, compared to Bybit’s $7.9 billion, OKX’s $6.5 billion, and Coinbase’s $5.6 billion, placing it several multiples ahead of rivals. Research from CryptoQuant further recorded that Binance’s spot trading volume for the year had surpassed $1.9 trillion, outpacing Coinbase, Crypto.com, and OKX combined.

Market share concentration became more pronounced by midyear. Binance’s spot trading volume was nearly eight times higher than Coinbase’s, securing a market share of roughly 42%.

By June, Binance’s spot trading activity approached the combined total of all other exchanges, a rare scenario not seen since early 2024, when Bitcoin surged past $70,000.

The platform’s strength spans multiple areas beyond spot trading. Mid-2025 performance extended into futures markets, stablecoin flows, capital inflows, and on-chain metrics.

During Bitcoin’s all-time high this summer, Binance recorded nearly twice the total trading volume of all competitors combined, even as broader market activity slowed.

This level of concentration carries market implications. European Securities and Markets Authority officials have previously warned of systemic risks when a single platform processes a disproportionate share of trading volume, describing it as a “considerable concern” in regulatory communications reported by Reuters in April 2024.

Market structure is further shaped by liquidity distribution. While Binance leads in spot trading, other platforms such as OKX surpass it in liquidation volumes, reflecting different risk dynamics across venues.

The historical pattern of Binance’s dominance coinciding with price movement also remains in focus. A similar volume imbalance in early 2024 preceded a steep rise in Bitcoin’s price. The question looms as to whether high trading concentration might again affect directional momentum in major assets.

The scale of activity also intersects with regulatory oversight. In late 2023, some interpreted the U.S. Department of Justice settlement with Binance as an acknowledgment of the exchange’s position as too large to unwind without broader market disruption. That perception has carried forward into 2025 as the exchange extends its dominance despite market contraction.

Daily and quarterly figures reveal the magnitude of the gap. Binance’s $36.6 billion daily average places it nearly nine times larger than Coinbase, while its 42% spot market share marked the highest in ten months.

As of press time, volumes are down across the industry, but Binance’s trading volumes still match or surpass those of all competitors, redefining the balance of the exchange landscape in 2025.

The concentration of activity illustrates the degree to which one platform has become the primary gateway for liquidity, shaping both opportunities and risks in global digital asset markets.

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