Category: Crypto Crunch
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Binance discontinues BTCUP, BTCDOWN, ETHUP trading pairs effective March 2024
Binance removed BTCUP, BTCDOWN, and ETHUP trading pairs on March 31, 2024, affecting leveraged token offerings amid regulatory scrutiny in 12 jurisdictions.
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60 million XRP moved from Upbit amid Ripple SEC case
60 million XRP transferred from Upbit, South Korea’s largest exchange, involving Ripple and sparking market speculation amid ongoing SEC litigation.
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Satoshi Token loses $7M in BTC to price manipulation attack
Attackers drained $7M in BTC from Satoshi Token via price manipulation. Blockchain security firms like PeckShield and SlowMist are investigating the exploit.
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Open Interest hits $30 billion record with Bitcoin and Ethereum leading
Open Interest (OI) reached $30 billion for the first time, with Bitcoin and Ethereum contributing significantly. The derivatives market saw a 15% increase in volume.
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USDC surpasses USDT on Ethereum as stablecoins hit $270B market cap
Stablecoins reached a $270B market cap with USDC surpassing USDT on Ethereum, marking a shift in dominance among dollar-pegged cryptocurrencies.
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Binance drops fees for XRP, ADA, BNB pairs in 2023 liquidity push
Binance eliminates trading fees for XRP, ADA, and BNB pairs, impacting 15 million users and boosting liquidity in crypto markets.
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Monero (XMR) hit by 51% attack, Ledger CTO confirms 13% drop
Monero (XMR) experienced a 51% attack, confirmed by Ledger CTO, resulting in a 13% price drop. The network’s security is under scrutiny.
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Stablecoins drive 58% of digital transactions in Sub-Saharan Africa in 2023
Stablecoins account for 58% of digital transactions in Sub-Saharan Africa, outpacing Bitcoin. Key players include USDT, USDC, and Binance BUSD, reflecting regional financial trends.
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$57B Crypto Options Signal Big Moves
$57B in Bitcoin and Ethereum options suggests potential major price movements ahead for these leading cryptocurrencies.
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$653M New Crypto Tokens Launching
$653M in new crypto tokens launching this week, impacting the market significantly.
