Binance, the prominent cryptocurrency exchange, has made headlines by announcing the removal of specific spot trading pairs for Pepe Coin (PEPE), Decred (DCR), and Horizen (ZEN).
This decision, part of its regular evaluation process, reflects Binance’s ongoing efforts to refine its platform by eliminating pairs with low activity and liquidity.
The delisting sparked notable market reactions, including a sharp 10% drop in PEPE, which had previously surged by 90% this month. Meanwhile, Decred and Horizen have exhibited mixed trends in light of the changes.
Set to take effect on December 13 at 03:00 UTC, the delisted pairs—PEPE/TUSD, DCR/BTC, and ZEN/ETH—will no longer be tradable on the platform.
Binance reassured users that these assets could still be accessed through other trading pairs available on the exchange. For those using automated trading bots linked to these pairs, Binance has advised disabling or reconfiguring their bots to avoid any disruptions.
In addition to delistings, Binance has expanded its loan services by adding Movement (MOVE) as a new collateral option. Users can now borrow against MOVE tokens through flexible loan products, which allow real-time APR rewards via Simple Earn. High-net-worth and institutional investors can benefit from VIP Loans, offering personalized over-collateralized loan solutions tailored for advanced trading and investment strategies
Ethereum co-founder Vitalik Buterin has renewed calls for the network to embrace a more cash-like function, pointing to Sweden’s unexpected return to promoting physical currency as a cautionary tale.
Dogecoin (DOGE), the crypto market’s most iconic meme token, is now entering a critical price zone that could shape its short-term trajectory, according to recent market analysis.
XRP is one of the best-performing tokens of the top 5 apart from Bitcoin (BTC) with year-to-date gains of 11.1%. Trading volumes have subsided a bit as the token has entered a long period of consolidation after a strong rally between November and January. Multiple victories on the legal front, a positive change in the […]
June will see $3.3 billion in crypto tokens unlocked as vesting schedules expire across several major projects—a notable drop from May’s $4.9 billion, according to Tokenomist.