Tag: Binance

Whale Deposits $37M SOL to Binance, Solana Loses Crucial Support

Key Notes Solana’s market cap has fallen to $59.48 billion following the 7.5% price drop. A whale’s massive 312,000 SOL deposit to Binance led to selling pressure. The cryptocurrency has lost its critical $124 support level, which it tested six times in the past year. Solana SOL $114.7 24h volatility: 8.9% Market cap: $58.78 B Vol. 24h: $7.94 B has plunged 7.5% in the past 24 hours to trade at around $116 at the time of writing. The cryptocurrency has lost its key $124 support level, a price it has…

Binance Skips Pi Network Listing Again amid Heavy Token Sell-offs

Key Notes Pi Network remains absent for the second consecutive round of Binance’s Vote to List program. The 12 selected tokens will undergo a review based on community votes, trading demand, and compliance. PI has dropped 6.5% in 24 hours, but showed signs of a potential bullish reversal. Binance has once again overlooked Pi Network in its latest round of “Vote to List” initiative. The program, which allows Binance users to vote for cryptocurrencies to be listed on the platform, has selected 12 tokens this time, spanning various utility-driven sectors.…

Binance Altcoin Crash: A Trading Bot Mishap or Market Manipulation?

Key Notes ACT token crashed a whopping 80% in the past 24 hours alongside other coins on Binance. Traders blamed trading firm Wintermute for causing this slump on altcoins on Binance. Binance said that three VIPs sold a combined $514,000 worth of ACT tokens, causing the crash. Leading crypto exchange Binance came under the crosshairs of the digital asset community when a sudden and drastic price crash hit multiple tokens. Investors were left scrambling as coins like ACT, DEXE, and DF plunged, with ACT dropping almost 57% on April 1st…

Several Altcoins Crash Up To 50% On Binance, What’s Going On?

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Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. On Tuesday morning, several altcoins nosedived up to 50% on global crypto exchange Binance, sparking confusion among investors. Several community members shared theories for the incident, speculating that recent…

Is Binance Losing Its Grip? Bitcoin Flows Reveal Key Market Shifts

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Meet Samuel Edyme, Nickname – HIM-buktu. A web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and a nose for trends, he has penned pieces for numerous industry player, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others. Edyme’s foray into the crypto universe is nothing short of cinematic. His journey began not with a triumphant investment, but with a scam. Yes, a Ponzi scheme that used crypto as payment roped him in. Rather than retreating, he emerged wiser and more…

XRP investors eye Panshibi as Binance, Coinbase approval rumors gain momentum

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. XRP price speculations surge as Panshibi launches amid Binance, Coinbase rumors, sparking SHIBI’s growth outlook. While the government and banks have not changed their intentions on its use case, speculations continue to grow around developments affecting the XRP price prediction. Meanwhile, Panshibi’s launch has sparked interest, with reports suggesting possible listings on major exchanges like Binance and Coinbase. If confirmed, this could influence investor sentiment and market positioning. As…

Binance ends Tether USDT trading in Europe to comply with MiCA rules

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Binance has discontinued spot trading pairs with Tether’s USDt in the European Economic Area (EEA) to comply with the Markets in Crypto-Assets Regulation (MiCA). Cryptocurrency exchange Binance has delisted spot trading pairs with several non-MiCA-compliant tokens in the EEA in line with a plan disclosed in early March, Cointelegraph has learned. While spot trading pairs in tokens such as USDt (USDT) are now delisted on Binance, users in the EEA can still custody the affected tokens and trade them in perpetual contracts. USDT is available for perpetual trading on Binance.…

Binance Launches New Feature Enabling Trading Between Centralized and Decentralized Exchanges

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Binance, the planet’s biggest crypto exchange by volume, has released a new feature bridging its services to the decentralized finance (DeFi) world. In a new announcement, Binance says it’s introducing CEX to DEX (centralized exchange to decentralized exchange) trading, a new feature that enables users to trade tokens through their wallets using their Binance CEX funds. According to the company, Binance users can now directly trade on-chain through the Binance Wallet tab with their spot or funding account balances using stablecoins to access tokens trading on decentralized exchanges via the…

It’s Back to BTC for Darknet Markets After Monero’s Binance Delisting: Chainalysis

Darknet markets are increasingly returning to bitcoin (BTC) as their primary cryptocurrency because of rising liquidity and accessibility challenges associated with privacy-focused coins like monero (XMR), according to Eric Jardine, cybercrime research lead at Chainalysis. “After major exchanges delisted XMR, we observed a significant increase in bitcoin inflows,” Jardine said in an interview with CryptoX. “Reduced accessibility is steering users back toward bitcoin.” Many Western markets on the darknet — a part of the internet hosted within an encrypted network and accessible only through specialized anonymity-providing tools — had either…

Binance debuts centralized exchange to decentralized exchange trades

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Crypto exchange Binance has debuted centralized exchange (CEX) to decentralized exchange trades (DEX), allowing customers to use funds from their Binance wallets to execute DEX trades — eliminating the need for asset bridging or manual transfers. According to the exchange, customers can use Circle’s USDC (USDC) and other supported stablecoins to acquire tokens on the Ethereum, Solana, Base, and BNB Smart Chain networks. The new CEX to DEX feature is also compatible with other tools on the platform, including Binance Alpha, which gives users the ability to discover emerging tokens…