Binance Square
LIVE
LIVE
Crypto Web3 Today
Bullish
--2.9k views
Important Binance Update Concerning Shiba Inu (SHIB) and Dogecoin (DOGE). DOGE/BUSD and SHIB/BUSD are two of the liquidity pools to be removed from Binance Liquid Swap on October 27. ■ Binance will delist 17 liquidity pools from its Liquid Swap by October 27, including pairs like DOGE/BUSD and SHIB/BUSD, but Binance Spot remains unaffected. ▪ Despite delistings, Dogecoin and Shiba Inu prices remain strong, reflecting the overall positive crypto market trend. BitMEX also delisted pairs, including FLOKI/USD, but Floki Inu's value has seen a significant uptrend recently. Binance Removes the Following Pairs. The world's largest cryptocurrency exchange - Binance - announced it will delist 17 liquidity pools from Binance Liquid Swap in an attempt to "reduce slippage and provide users with better transaction prices." The amendments will become effective from October 27 and include some well-known digital assets. Namely, all the affected trading pairs are ADA/BUSD, BNB/BUSD, BTC/BUSD, BUSD/DAI, BUSD/USDT, DOGE/BUSD, ETH/BUSD, FIL/BUSD, GMT/BUSD, HOOK/BUSD, LINK/BUSD, LTC/BUSD, MATIC/BUSD, POND/BUSD, SHIB/BUSD, SOL/BUSD, and UNI/BUSD. "Users who hold positions in the above liquidity pools will automatically receive their deposited assets in their Spot wallets," Binance assured. It also clarified that the dismissal spree will not impact the trading of the aforementioned pairs on Binance Spot. Despite being included in the amendments, the price performances of the largest memecoins by market capitalization - - Dogecoin (DOGE) and Shiba Inu (SHIB) have not suffered. The former is up 3% in the past 24 hours, whereas the latter has spiked by 4% (per CoinGecko's figures). It is worth mentioning that the assets' price increase could be a result of the overall revival of the cryptocurrency market. Bitcoin (BTC) recently surpassed $30K for the first time since August, XRP soared to almost $0.53 following Ripple's latest victory against the US SEC, while Solana (SOL) has skyrocketed by 12%.

Important Binance Update Concerning Shiba Inu (SHIB) and Dogecoin (DOGE).

DOGE/BUSD and SHIB/BUSD are two of the liquidity pools to be removed from Binance Liquid Swap on October 27.

■ Binance will delist 17 liquidity pools from its Liquid Swap by October 27, including pairs like DOGE/BUSD and SHIB/BUSD, but Binance Spot remains unaffected.

▪ Despite delistings, Dogecoin and Shiba Inu prices remain strong, reflecting the overall positive crypto market trend.

BitMEX also delisted pairs, including FLOKI/USD, but Floki Inu's value has seen a significant uptrend recently.

Binance Removes the Following Pairs.

The world's largest cryptocurrency exchange - Binance - announced it will delist 17 liquidity pools from Binance Liquid Swap in an attempt to "reduce slippage and provide users with better transaction prices." The amendments will become effective from October 27 and include some well-known digital assets.

Namely, all the affected trading pairs are ADA/BUSD, BNB/BUSD, BTC/BUSD, BUSD/DAI, BUSD/USDT, DOGE/BUSD, ETH/BUSD, FIL/BUSD, GMT/BUSD, HOOK/BUSD, LINK/BUSD, LTC/BUSD, MATIC/BUSD, POND/BUSD, SHIB/BUSD, SOL/BUSD, and UNI/BUSD.

"Users who hold positions in the above liquidity pools will automatically receive their deposited assets in their Spot wallets," Binance assured. It also clarified that the dismissal spree will not impact the trading of the aforementioned pairs on Binance Spot.

Despite being included in the amendments, the price performances of the largest memecoins by market capitalization - - Dogecoin (DOGE) and Shiba Inu (SHIB) have not suffered. The former is up 3% in the past 24 hours, whereas the latter has spiked by 4% (per CoinGecko's figures).

It is worth mentioning that the assets' price increase could be a result of the overall revival of the cryptocurrency market. Bitcoin (BTC) recently surpassed $30K for the first time since August, XRP soared to almost $0.53 following Ripple's latest victory against the US SEC, while Solana (SOL) has skyrocketed by 12%.

Disclaimer: Includes thrid-party opinions. No financial advice. May include sponsored content. See T&Cs.
0
Replies 1
Explore the lastest crypto news
⚡️ Be a part of the latests discussions in crypto
💬 Interact with your favorite creators
👍 Enjoy content that interests you
Email / Phone number
Relevant Creator
LIVE
@Crypto_Web3_Today

Explore More From Creator

Bitcoin Surpasses $70,000 as SHIB Price Rises. Bitcoin price surpasses $70,000, boosting SHIB price. Altcoins are generally on the rise. However, significant details allow Shiba Coin to positively differentiate in this process. Indeed, its price has risen above average. Shiba and Shibarium. The ambitious Shibarium, launched last year with ideals and goals, did not reach the levels seen during its testnet period. However, there are intermittent increases in network activity, triggering short-term price movements. According to data from Shibariumscan, new transactions on Shibarium increased by 50%, reaching 7,691. On Friday, this was 5,150. Additionally, the number of Shibarium users has accelerated. Starting from 105,367 on May 1, it reached 113,732 by May 27, indicating a faster recovery in network interest. The integration of ShibaSwap into Shibarium was one of the most significant developments in May, and Shiba Inu developer Kaal Dhairya said; "This release focuses on exploration, so let all creative geniuses make memes! Moving forward, we will continue to make regular updates and upgrades, and everyone should remember that this is not a race, but a marathon." Shiba Coin Price Prediction. The second-largest meme coin, continuing with a 6% increase, may target higher levels in the coming hours. The current volatility contraction pattern (VCP) indicates a breakout. The technical formation caused by increasingly narrowing price fluctuations is considered a strong signal of potential price breakouts. There is a neckline that needs to be surpassed, and the SHIB price is lingering at this $0.00002631 neckline region. If the expected breakout occurs, we could see the Shiba Coin price increase by 32%, moving towards the resistance area at $0.00003282. However, if the breakout is unsuccessful, the price may retreat to the support at $0.0000234. If this level is also lost, $0.00002052 will be a risky target. The total volume of cryptocurrencies climbed to $77 billion, increasing by 41%.
--
Two Major Ethereum (ETH) Price Targets Revealed. Ethereum is finally showing what it is capable of after rumors of the preapproval of the Ethereum ETF have spread around the crypto circle. For now, the price is getting ready for a swing toward or above $4,000, but its true strength is yet to be shown. Ethereum has been seen in an uptrend that recently broke through $3,900. Currently, ETH is trading around $3,898, showing a gain of 1.92%, and the upsurge is supported well by swift trading volumes. The technical indicators are aligning to suggest further upward movement. The 50-day EMA stands near $3,225, while the 100-day EMA lies close to $3,175. Both moving averages have provided strong support and confirmed the current trend. In addition, the RSI is at 72, which means that, at the moment, ETH is slightly overbought. Yet, this is not critical and, therefore, in case of a minor overheating, the asset can continue to grow a bit higher. Two major price targets have emerged for Ethereum: the immediate level now seems to be that psychological $4,000. Anything lower would imply the prevalent bearish sentiment confirmed at the moment. This will most probably see buyers join in and push the price even higher or, in other words, liquidate some substantial amount of short orders. As for the liquidation heatmap: at the time, there was a huge cumulative long liquidation leverage all the way down to $3,200, meaning there were $3 billion worth of longs open theoretically meaning there might be a massive sell-off in the case of liquidation. More than $1 billion in short orders get closed if the price of the second-biggest cryptocurrency on the market surges, causing a squeeze and sending bears away.
--
7 Billion Dogecoin (DOGE) in 24 Hours: What's Happening? Dogecoin whales are waking up as data by Into TheBlock shows their eyes on the epic run that Ethereum and the market in general had. Major investors have been stepping up their activity, and it is only hoped that this will finally mark a rebound and recovery for Dogecoin that all investors are keeping their eyes on. Recent data has pointed toward the rise of big transactions involving Dogecoin, with around 1.51 thousand large transactions of about 6.83 billion DOGE in the last 24 hours. This activity really is a great surge and shows that major holders are getting more active. Such upswings in activity usually show up ahead of big moves in price since major holders are quite instrumental in market dynamics. Dogecoin has experienced relative stability and could soon move up, with the present trading value moving around $0.1695. At the moment, the price has consolidated at key resistance levels and support levels. The key support levels that have to hold for an uptrend to be sustained are the 50- day EMA at $0.1588, and the 100-day EMA at $0.1570. On the upside, the next major resistance level is located around $0.17. The RSI is at 55.83, indicating that market sentiment is almost neutral, with room for potential gains. Large holders' concentration: Whales hold 63% of the circulating supply of DOGE. Over $100,000 transactions: The markets reported weekly transactions over $3.32 billion, showing a substantial surge amid this cycle. Adding to the positive outlook are good on-chain signals in net network growth and an increase in large transactions. Still, bid- ask volume imbalance is just 1.42% on the bullish side of the fence, which means larger buying interest compared to selling pressure. The fact that Dogecoin whales are picking up some cheap coins ahead of an increase in activity might signify the start of a general market recovery for DOGE.
--

Latest News

View More
Sitemap
Cookie Preferences
Platform T&Cs