Binance to Delist Six Trading Pairs, SHIB Team Member Shares Major Shibarium Update, 25 Billion ADA Transferred in 24 Hours: Crypto News Digest by U.Today

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As someone who closely follows the cryptocurrency market and has experienced the volatility firsthand, I find these three news stories intriguing for different reasons.

Check out the top three news stories over the past day presented to you by U.Today.

Binance to delist six trading pairs

Based on Binance’s announcement on April 24, six spot trading pairs will be removed from the exchange starting April 26 at 3:00 a.m. The affected pairs are ALPINE/BTC, FRONT/TUSD, HARD/BTC, RUNE/TUSD, SSV/TUSD, and WIN/BRL. Binance periodically assesses all listed spot trading pairs and decides to delist some due to insufficient liquidity, low trading volume, or other reasons. Consequently, the corresponding Spot Trading Bot services for these pairs will also be discontinued on the same date and time. To avoid potential losses, Binance users are strongly encouraged to update or cancel their Spot Trading Bots before the cutoff.

Shiba Inu team member shares crucial Shibarium update

I’ve been observing Lucie, the marketing lead at Shiba Inu and a well-known SHIB advocate, as she shares exciting insights about Shibarium, Shiba Inu’s layer-2 solution, on a popular social platform. In her recent post, she hinted at some intriguing developments for Shibarium in 2024-2025. Among these upcoming features are:

25 billion Cardano (ADA) in 24 hours: What’s happening?

Recent on-chain data shows that ADA has experienced a significant rise in activity, with the number of large transactions increasing dramatically. Within a 24-hour period, 25 billion ADA were moved. Such a major increase in the volume of large transactions is frequently indicative of substantial wallet movements by institutional or whale players, potentially indicating preparation for bullish or bearish market developments. The intensity of this activity is further supported by the large transaction volume, which recently peaked at 27.67 billion ADA. Additionally, ADA’s price chart demonstrates a tension-filled narrative. Following a downturn, ADA has made some attempts to bounce back, flirting with the 50-day EMA, which is approximately $0.5. However, a clear breakthrough has not occurred. At the time of writing, ADA is trading at $0.4654, down 5.99% over the past 24 hours, per CoinMarketCap.

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2024-04-25 17:35