Opinion: Bitcoin Premium Disappears on Coinbase, Signaling a Slowdown in U.S. Institutional Buying Pressure
BlockBeats News, July 29th, according to CoinDesk, the "premium" of Bitcoin on Coinbase has largely disappeared. This premium is often seen as an indicator of strong demand from U.S. investors, especially institutional investors. As a cryptocurrency exchange platform listed on Nasdaq, Coinbase has a wide user base in the U.S., particularly favored by large institutions; in contrast, Binance has more retail users globally.
In past bull markets, the premium of Bitcoin on Coinbase was once significant, which was interpreted as a signal of increased buying pressure from mature U.S. traders and institutions. The current diminishing premium may reflect a weakening in the activity of this type of capital.
The appearance of a negative premium indicates a renewed weakening of relative demand from U.S. investors, further supporting the assessment that the Bitcoin price may experience a longer period of correction.
Note: The Coinbase Bitcoin premium index measures the percentage price difference of Bitcoin between Coinbase Pro (USD pair) and Binance (USDT pair).
You may also like

Morning News | The draft amendment to the People's Bank of China Law aims to clarify the legal status of digital renminbi; South Korea will transfer about 40 unregistered virtual asset service providers to law enforcement agencies

The cryptocurrency industry has entered the "Show Me" era: merely relying on vision is no longer enough

Interpreting the Ethereum Foundation's new structure: Reaffirming self-sovereignty amid institutional trends

Former SpaceX engineer reconstructs the financial execution system using first principles

Tidal Investment: We still have a positive outlook on the AI industry chain, but the reasons have changed

Standard Chartered Bank sings a 50x rhapsody again, aiming for AAVE to reach 3500 USD

The interim executive director of the Ethereum Foundation speaks out: What is our mission?

Why does OKX want to start a new company with the parent company of the New York Stock Exchange?

Why Is PAXG Price Different From Gold? 5 Reasons Crypto Traders Should Know

WEEX OpenAPI 101: 5 Powerful Modules, AI Trading Tools, and Grab Up to 70% Revenue Opportunities
Learn how WEEX OpenAPI connects traders, developers, AI agents, and trading platforms. Discover WEEX API features, Binance-compatible integration, automated trading workflows, revenue opportunities, and ecosystem possibilities.

Interview with NDV Founder Jason Huang: Popping the AI Bubble and the Myth of Microstrategy, Seeking the Ultimate Ace in the Crypto Market

Morning Report | Former Ethereum Foundation researcher establishes Ethlabs; EU Parliament Economic Committee passes digital euro regulatory proposal

Dragonfly partner Haseeb: The fastest-growing companies in the future may all be stuck at 149 people

How xBubble Breaks the Deadlock in VC's Heavy Investment in the OPC Economy

The encrypted unicorn Blockstream is deeply embroiled in a serious fraud case

Morning Report | The South Korean Financial Services Commission plans to expand the regulatory sandbox to include virtual assets; the parent company of the New York Stock Exchange, ICE, has reached a partnership with OKX to jointly establish a cryptocu...

Exclusive Interview with Strategy CEO: Putting Aside the Sale of 32 BTC, the 60 Trillion AI Intelligence is the Ultimate Fate of Bitcoin

