Today marks an active day in the cryptocurrency market with notable listings and price increases.
Binance, the world’s largest cryptocurrency exchange, introduced futures trading for Dogwifhat (WIF), Hege ($HEGE), First Digital USD (FDUSD), Matt 0x79 (MATT), APF coin (APFC), and Covalent X Token (CXT).
Additionally, other projects like Clore.ai (CLORE), Agoras: Currency of Tau (AGRS), and Edge Video AI (FAST) have begun trading on various exchanges.
Binance specifically highlighted the launch of coin margin futures for Dogwifhat (WIF) with leverage up to 50x, set to commence trading on July 23 at 13:00 (UTC).
As of now, WIF is priced at $2.21, reflecting a significant 22.2% increase in the past 24 hours amidst a broader recovery in the cryptocurrency market, particularly for altcoins.
As fears of U.S. tariffs loom, cryptocurrency investors are showing caution despite a significant increase in stablecoin supply.
Pi Coin has recently plunged to an unprecedented low of $0.51, representing a staggering 83% drop since reaching its peak in late February.
Following the announcement of bilateral tariffs by US President Donald Trump on April 2, coinciding with Independence Day, and China’s prompt response, the cryptocurrency market has seen significant downturns.
Grayscale has taken a significant step by filing an S-1 form with the U.S. Securities and Exchange Commission (SEC) to transition its Solana Trust into an exchange-traded fund (ETF).