Tag: Binance

Binance to List ORDI Ordinals with Application of Seed Tags

The listing of ORDI token on Binance comes with a Seed Tag hinting at elevated levels of risk and volatility compared to other listed tokens. In the latest announcement on Tuesday, November 7, Binance will list Ordinals (ORDI) on the platform while introducing spot trading pairs such as ORDI/BTC, ORDI/USDT, ORDI/TRY. Furthermore, Binance also announced that they would be applying a Seed Tag to ORDI. Ordinals is a new inscription protocol on the Bitcoin network. The total supply of Bitcoins is capped at 21 million, with each Bitcoin divisible into 100…

ORDI, A Token Linked to Bitcoin Ordinals, Jumps 50% on Binance Listing

“ORDI is a relatively new token that poses a higher-than-normal risk, and as such will likely be subject to high price volatility,” Binance said in a Tuesday announcement. “Please ensure that you exercise sufficient risk management, have done your own research in regard to ORDI’s fundamentals, and fully understand the project before opting to trade the token.” Source

Binance CEO Teases Major Announcement amid Crypto Market Turbulence

This impending Binance announcement arrives just days after a substantial transfer of 10,000 BTC, valued at over $345 million, to the exchange from an anonymous wallet. In a cryptic post on X, Changpeng ‘CZ’ Zhao, the CEO of Binance, recently sparked the curiosity of the crypto community by simply posting the number “3” and an announcement with a video captioned “COMING SOON.”  Binance Announcement amid Liquidation  While the content of this upcoming announcement remains shrouded in mystery, it has piqued the curiosity of crypto enthusiasts and investors alike. Coincidentally, this…

‘Smart Whale’ Withdraws About $32,000,000 Worth of Ethereum (ETH) From Crypto Exchange Binance: Lookonchain

boss

A crypto whale was recently spotted by a blockchain monitoring platform withdrawing a massive stack of Ethereum (ETH) from Binance over the weekend. First seen by Lookonchain, a “smart whale” deposited 31.8 million Tether (USDT) into Binance, and then withdrew $15.94 million worth of ETH hours later. Just hours later, the whale took out another $16 million worth of ETH from Binance. According to Lookonchain, the whale remains long on their ETH from the price of $1,836. “This smart whale withdrew another 8,618 ETH ($16 million) from Binance… The whale…

Ripple’s XRP Surges to $0.68, Nears Overtaking Binance Smart Chain

With the current positive news surrounding XRP, the prevailing sentiment, and the increased participation of crypto whales, it is expected that the price will continue to rise. XRP’s market capitalization has surged to $36 billion, coming close to Binance Smart Chain (BNB), which boasts a market capitalization of $37 billion. This achievement followed a major price spike that propelled the price to $0.68. XRP’s 22% increase in the last seven days indicates that it outperformed the other top 5 cryptocurrencies, with Bitcoin only gaining 1%, Ethereum 3%, and Binance Coin…

Binance to list Celestia with unique risk mitigation measures

Binance announces the listing of Celestia (TIA) along with enhanced risk management features, including a mandatory quiz for traders interested in tokens marked with a “Seed Tag.” Celestia (TIA) has been pre-listed on decentralized exchanges, and it’s currently trading at $3.15 on Halix. Celestia aims to transform blockchain scalability by separating execution from consensus, thereby introducing a new model known as data availability sampling. The network allows for the creation of modular blockchains, offering secure scalability as the user base grows. Binance has announced the listing of Celestia (TIA), a…

19,197 BTC Makes Its Way Out Of Binance, Trigger For Bitcoin Recovery?

boss

A massive amount of 19,197 BTC worth $652 million recently made its way out of Binance all at once, triggering a curious reaction from Bitcoin investors. The timing of the transfer is interesting, as Bitcoin is currently trading in a range and is looking to break the $35,000 resistance level.  The big question is whether the whale behind the transfer plans to hold or sell, but recent price action points to the former. Massive Amount Of BTC Leaves Binance Recent data has shown Bitcoin trading volume on crypto exchanges recently…

CME becomes second-largest Bitcoin futures exchange, surpassing Binance

boss

CME’s notional open interest has surged to $3.57 billion, securing its position as the second-largest exchange in the trading of standard Bitcoin and perpetual futures. The Chicago Mercantile Exchange (CME), a regulated entity, is ascending the ranks among the largest exchanges for Bitcoin (BTC) futures and perpetual futures trading by open interest, evoking memories of the initial phases of the 2020-2021 bull market. According to Coinglass, CME has seen its notional open interest (OI) rise to $3.57 billion, elevating it to the second-largest Bitcoin futures exchange from its previous fourth-place…