Binance.US to Remove Certain Trading Pairs and Pause OTC Trading

Binance.US announced today that it will be making significant changes to its trading structure. The changes, set to take place on June 8, 2023 at 9 a.m. PDT / 12 p.m. EDT, will involve the removal of select Advanced Trading pairs and a pause on their Over-The-Counter (OTC) Trading Portal. The adjustments come as part of a broader effort to streamline the platform’s Buy, Sell & Convert offerings. While the OTC Trading Portal is paused, the remaining platform operations, including deposits and withdrawals, will continue to function as usual, ensuring…

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Security or not, Ethereum price looks poised to hold the $1.8K level based on 3 key metrics

Ether’s (ETH) price retested $1,780 after the news of the U.S. Securities and Exchange Commission suing cryptocurrency exchanges Binance and Coinbase but it’s not preposterous to suggest that Ether bulls should be more than happy that its price did not break below the 67-day support.  The SEC actions are actually a double-edged sword for Ethereum and on crypto Twitter, some analysts attributed the bounce in Ether as a result of it not being listed as a security in either of the cases brought against Binance and Coinbase. For instance, the…

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US SEC sues Binance and Coinbase, but Bitcoin remains above $26k

Key takeaways The cryptocurrency market looks promising at the moment despite the events of the last two days. In the first two days of the week, the US Securities and Exchange Commission (SEC) sued both Binance and Coinbase, two of the largest cryptocurrency exchanges in the world. Despite the lawsuits, Bitcoin maintains its value above $26k, and this could indicate resilience amongst investors. Bitcoin maintaining its position above the $25k psychological level could serve as a boost for new projects coming into the industry, including AltSignals. Bulls provide strong support…

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The Importance of Crypto Payments in 2023

By now you have probably realized that cryptocurrency can no longer be ignored. As each new day passes, cryptocurrencies and digital payments with crypto are continuing to gain traction in the global economy. One of the key elements driving this trend is the adoption of crypto payment gateways by businesses from all kinds of industries. In this article, we will explore the importance of crypto payments in 2023 and how they are changing the way businesses handle online transactions. Understanding cryptocurrency payment gateways A cryptocurrency payment gateway is a service…

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Analyst Says Bitcoin Flashing Big Red Flag Signal, Predicts Major BTC Correction – The Daily Hodl

A widely followed crypto analyst is predicting that Bitcoin (BTC) is headed for a major correction based on a flashing bear signal. In a new video update, Nicholas Merten, the host of DataDash, tells his 511,000 YouTube subscribers that Bitcoin’s performance against the NASDAQ is weakening, indicating a downward trend for the crypto king. Merten notes that in the near-term big tech is putting up huge gains, fueled by the potential of artificial intelligence (AI) technology, and outpacing Bitcoin’s price action. “What’s been really concerning as of recent is watching…

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Binance.US delists 40 trading pairs, pauses OTC trading

Binance.US is delisting advanced trading pairs for coins such as AAVE, BCH and MKR on June 8. The 40 coins being delisted are for advanced trading pairs of USDT, BTC and BUSD. Binance.US has also paused its OTC trading, but says withdrawals and deposits remain open. Binance.US, the US-based subsidiary of the world’s largest cryptocurrency exchange Binance, has announced it will delist 40 trading pairs. The exchange also revealed it had paused OTC trading, with the news coming a day after the SEC sought to freeze the company’s assets following…

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