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
Solana (SOL) has gone down by nearly 21% in the past month as rising tensions in the Middle East triggered some selling pressure for cryptos. After the cease-fire agreement between Iran and Israel, the token recovered some of the territory it had lost and now trades above a key support at $140. Market participants are […]
As airdrop controversies continue to shake confidence across the crypto sector, Eclipse Labs is taking proactive steps to distance itself from recent missteps by other projects.
Crypto infrastructure firm Bit Digital is making a bold strategic pivot, abandoning Bitcoin mining entirely in favor of Ethereum staking and asset management.
Coinbase has taken another step toward boosting DeFi participation by launching wrapped versions of Cardano and Litecoin on its Base Layer 2 network.