Binance, the world's largest crypto exchange, has made an important announcement regarding the delisting of seven altcoin trading pairs.
The affected altcoins are BLUR, LINK, MEME, METIS, NFP, OSMO and SHIB.
In its statement, Binance stressed the importance of protecting users and maintaining a high-quality trading marketplace. The exchange regularly reviews all spot trading pairs and may delist those that show low liquidity and trading volume.
Based on its recent reviews, Binance has decided to remove and suspend trading in the following spot trading pairs:
The delisting of these trading pairs will take effect on June 28, 2024 at 06:00. This decision is part of Binance’s ongoing efforts to provide a high-quality trading environment for its users.
Binance has decided to halt spot trading of Tether (USDT) within the European Economic Area (EEA) as it works to comply with the EU’s new crypto regulations under MiCA (Markets in Crypto-Assets Regulation).
CoinShares, a prominent crypto asset management and research firm, reported a significant rebound in institutional investment last week, with millions of dollars flowing into altcoin products.
Ethereum’s decline may be nearing its end, according to analyst Michaël van de Poppe, who believes its bottom will align with gold reaching its peak.
Ripple’s high-profile legal battle with the SEC has seemingly reached its final chapter, with CEO Brad Garlinghouse revealing on March 19 that the agency is dropping the case.