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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%.

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Bitcoin: 111,000 BTC Removed From Crypto Exchanges, What's Behind It. According to crypto analyst Ali, nearly 111,000 Bitcoin (BTC), valued at around $7.55 billion, were moved out of known crypto exchange wallets in the last month. This trend highlights a gradual reduction in BTC supply on exchanges in recent months, implying an exodus from cryptocurrency exchanges. One probable explanation for the Bitcoin exodus is that an increasing number of investors prefer to retain their Bitcoin in private wallets rather than on exchanges. Furthermore, institutional Bitcoin adoption has recently accelerated. These institutional investors might wish to secure their holdings in private wallets or cold storage for long-term purposes. The withdrawal of such a large amount of Bitcoin from exchanges might potentially cause a supply crunch, in which demand for BTC surpasses available supply. This scenario might pave the way for a bullish rally. In an April 4 tweet, Ali reported 21,400 BTC, worth around $1.40 billion, being moved to accumulation addresses that have never spent funds in a single day. 220,000 BTC added to whale balances. On-chain analytics firm Into TheBlock reports that Bitcoin ETFs have amassed more than 4% of the BTC supply in less than three months. The amount of Bitcoin held by addresses with 1,000 BTC or more, called "whales," has surged dramatically since the ETFs' inception, with the aggregate balance of whale addresses hitting its highest point since June 2022. This year, the balance of whales has increased by 220,000 BTC, totaling $14.2 billion, with 210,000 of these BTC coming from net inflows into ETFs, which have powered the vast bulk of the whales' accumulations. This has pushed Bitcoin to fresh all-time highs, contributing to increased demand for crypto assets. BTC was up 2.23% in the previous 24 hours to $69,286 at the time of writing.
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SHIB to $0.000045? 58 Trillion Shiba Inu Separates SHIB Price From Next Big Milestone. In recent days, the Shiba Inu cryptocurrency has surged by 7.4%, reclaiming its position above the $0.000028 mark. This resurgence has reignited optimism within the SHIB community, prompting discussions on the potential for a sustained upward trend. However, amid this renewed enthusiasm, a critical question emerges: Can Shiba Inu (SHIB) replicate its March success and ascend to $0.000045? A thorough analysis of on-chain data sheds light on the current market dynamics surrounding the cryptocurrency. According to data from Into TheBlock, a substantial 58 trillion SHIB, accounting for 9.84% of the total circulating volume, are concentrated between the current price and the desired $0.000045 per SHIB milestone. This concentration spans across 250,590 wallets, presenting a significant obstacle to Shiba Inu's upward trajectory. Further analysis reveals that subsequent price ranges beyond $0.000028 exhibit a notably lower concentration of SHIB, emphasizing the critical importance of overcoming the current barrier for substantial price appreciation. With Shiba Inu now situated between two distinct holder groups those facing losses and others realizing profits or mitigating negative PnL a pivotal - moment in its journey has emerged. As speculation heightens and anticipation mounts, the overarching question persists: What does the future hold for Shiba Inu? Whether SHIB can surpass the 58 trillion barrier and advance toward the coveted $0.000045 milestone remains an interesting space to watch.
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Cardano (ADA) Price Prediction for April 7. ADA/USD. The rate of Cardano (ADA) has increased by 1.22% since yesterday. Over the last week, the price has fallen by 8.94%. On the hourly chart, traders should pay attention to the local resistance level of $0.5908. If the daily bar closes above that mark, the growth is likely to continue to the $0.60 zone. On the bigger time frame, the rate of ADA is approaching the resistance of $0.5950. If the candle closes near it or even above, the accumulated energy might be enough for a test of the $0.60-$0.61 area next week. A less positive picture is on the weekly chart. At the moment, the price keeps trading near the support level of $0.5680, which is a bearish signal from the midterm point of view. If a breakout happens, one can expect a more profound correction to the $0.50 zone. ADA is trading at $0.5950 at press time.
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Shiba Inu Skyrockets 60% in Burn Rate; What It Means for SHIB Price. Shiba Inu (SHIB) has witnessed a remarkable surge in its token burn rate as its price is eyeing momentum. Data from the tracking site Shibburn shows that more than 24.2 million SHIB tokens were burned during the last 24 hours. This means that the token burn rate is currently up 61.02%. The current circulation supply of the meme coin is a whopping 582.7 trillion tokens. With such a massive circulation supply, the Shiba Inu ecosystem requires token burning events to ensure the scarcity of the SHIB tokens. A balanced circulation supply is imperative, not only for the SHIB price but for a resilient ecosystem as well. Keeping this in mind, the Shiba Inu community has been active, sending millions of tokens to the dead wallets. Data reveals that around 410.7 trillion tokens have been burned or taken out of the initial supply. This shows the commitment of the community toward the ecosystem. The future outlook for SHIB is going to remain positive if this trend continues and the community remains steadfast. Shiba Inu price outlook The price of Shiba Inu has witnessed a notable rise amid the surge in its burn rate. As of writing this article, SHIB is trading at $0.00002815 after an increase of 3.18% in the last 24 hours. While the price is still down 10.86% during the last 30 days, today's surge is hinting at a trend reversal. The meme coin may likely come out of the consolidation phase soon. Supporting this outlook is the rising trading activity of the coin. Data shows that the 24-hour trading volume of Shiba Inu has surged by 17.39% as it currently stands at $523.51 million. Clearly, the market is now eyeing further gains from SHIB, and it appears that bulls have started to enter the market. On the flip side, Shiba Inu may likely continue to consolidate as the market is currently anticipating the Bitcoin (BTC) halving event. Market participants may prefer to sit on the sidelines until the halving event as they may want to observe the impact of this major event on the market.
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Dogecoin (DOGE) Comes Closer to Surpassing XRP. The price of Dogecoin (DOGE), the leading meme cryptocurrency, recently spiked by more than 10%, according to data provided by CoinGecko. The Bitcoin parody peaked at $0.1975 earlier this Sunday, and it is currently changing hands at $0.195. Dogecoin is (by far) the best-performing cryptocurrency in the top 20, outstripping Shiba Inu (SHIB), its top competitor. In fact, DOGE is the fifth best-performing cryptocurrency in the top 20. Only Ethena (ENA), Fantom (FTM), ORDI (ORDI) and eCash (XEC) are above in terms of 24-hour gains. After the most recent price spike, the top meme coin is now closing in on XRP. The latter is only up a modest 0.9% over the past 24 hours. The two cryptocurrencies are currently valued at $32.8 billion and $28 billion, respectively, according to data provided by CoinGecko. More than $5 million worth of Dogecoin shorts have been liquidated over the past 24 hours, according to CoinGlass. They account for the vast majority of liquidated positions ($6.42 million). The meme coin was one of the most traded cryptocurrencies, generating $2.3 billion in 24-hour trading volume. the Dogecoin price managed to score a monthly close above the pivotal $0.20 level, potentially turning it into support. This could set the stage for a potential surge to $0.30. In 2024, the meme coin has already managed to double its price. Meanwhile, the aggregate value of joke cryptocurrencies has nearly tripled. That said, Dogecoin's bullish momentum might be fragile. According to recent Into TheBlock data, Dogecoin is showing mostly negative on-chain signals, with indicates that are based on net network growth and large transactions currently being in the red.
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