Binance to Delist Four Major Crypto Pairs, HBO Under Fire Over Controversial Satoshi Reveal, Massive 2,924 Bitcoin out of Major US Exchange: Crypto News Digest by U.Today

As a seasoned analyst with over two decades of experience in the financial markets, I’ve seen my fair share of cryptocurrency news and trends. Let me break down these three stories for you.


U.Today has prepared a summary of the top three news stories over the past day.

Binance to delist four major crypto pairs: Details

As per Binance’s recent declaration, their periodic assessments of all listed pairs to preserve a top-tier market quality led to the decision to withdraw and halt trading for four significant spot trading pairs – APE/ETH, ATOM/BNB, BAL/BTC, and BNB/DAI. This change will take place on October 11, 2024, at 3:00 a.m. (UTC). Furthermore, Binance will discontinue Spot Trading Bots services for these pairs on the specified date, advising users to update or deactivate their bots to prevent potential losses. In a separate announcement, Binance announced support for the BNSOL token; trading for BNSOL/SOL started today, October 10, at 8:00 a.m. (UTC).

HBO under fire over controversial Satoshi reveal

As a researcher delving into the enigma surrounding the creator of Bitcoin, I find myself refuting claims made in the recently aired HBO documentary that identifies me as Satoshi Nakamoto. I’ve expressed my disapproval towards HBO and filmmaker Cullen Hoback for potentially putting my life at risk with their portrayal. The Bitcoin community has been less than receptive to this film, arguing that it lacks substantial evidence supporting my alleged role in creating Bitcoin.

Massive 2,924 Bitcoin (BTC) out of major U.S. exchange: Bulls gearing up?

On October 9th, as per Whale Alert’s report on the X platform, a significant amount of Bitcoin (2,924 BTC) worth around $182.56 million was withdrawn from the U.S.-based exchange Kraken. This withdrawal occurred in three separate transactions, with the Bitcoin being sent to an unknown location. Subsequently, $60 million in USDT stablecoin was moved from Kraken to Bitfinex, another prominent crypto exchange. Such transfers between exchanges have happened before, but this time, the final destination of the withdrawn Bitcoin is uncertain, leading some in the cryptocurrency community to view these movements as a bullish sign, thereby boosting market sentiment. However, there might be underlying factors associated with these transactions that could potentially impact the price trend of Bitcoin in the short term.

Read More

2024-10-10 18:51