#Binance one of the largest crypto exchanges, has decided to delist six trading pairs. This move is part of Binance's routine effort to keep its trading environment healthy and ensure the best experience for its users. The pairs being removed include BAKE/BNB, ID/TUSD, MBOX/BNB, OP/TUSD, RDNT/TUSD and UNI/BNB.

However, this does not mean the individual cryptocurrencies are being removed from Binance altogether. Users can still trade these assets in other pairings available on the exchange, like USDT, USD, BUSD and others.
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Looking at the performance of some of these pairs, such as OP/TUSD and UNI/BNB, the charts show why the decision might have been made. There is a noticeable dip in trading volume, meaning not many people are trading these pairs. For exchanges like Binance, it is important to keep markets where assets are actively bought and sold. When a trading pair is not seeing much action, it might be time to take it off the shelf instead of spending resources on market making and maintenance.
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This is not a cause for alarm, though. The underlying reason for these delistings is simply a lack of trading volume for these BNB pairs and not something more concerning about the assets themselves. Binance is also reminding users that they should cancel or update their Spot Trading Bots for these pairs before they are removed to avoid any unwanted surprises or potential financial losses. In case you are reading translations of this announcement, remember that the original English article is the go-to for the most up-to-date and accurate information. If there are differences between the translations and the English version, trust the English version to be correct.

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Avalanche (AVAX)#Avalanche (AVAX)has established itself as a formidable player in decentralized finance (DeFi). Recognized for its high throughput and low transaction fees, the Avalanche platform is pivotal for developers and users.Over the past year, Avalanche achieved significant milestones on multiple fronts. Notably, its valuation surged towards the end of the year, targeting the $50 resistance. At the same time, the platform forged partnerships, including notable collaborations with the gaming company BLRD and Amazon’s (NASDAQ: AMZN) AWS, a positive factor for price growth.With the ecosystem expanding and more projects building on Avalanche, a $10 investment could yield substantial returns as the platform gains widespread adoption. By press time, AVAX was trading at $31.86, registering daily gains of almost 7%. However, on the weekly chart, AVAX experienced a 4% decline.Solana (SOL)Often touted as the “Ethereum (ETH) killer,” Solana (SOL) has gained prominence with its high-performance blockchain. Boasting impressive transaction speeds and low fees, the Solana network is a key platform for decentralized applications and smart contracts.Notably, in 2023, SOL surpassed the $100, driven by the fear of missing out (FOMO) surrounding Solana’s SPL token airdrops. The rally indicates the token still has the potential for further upside. Additionally, Solana is showing high investor interest as the platform plans to launch a second new smartphone, building on the success of its initial crypto-ready device. With positive market sentiments, Solana will likely rally toward its last all-time high of over $200. A $10 investment in Solana could witness growth, particularly as more developers and users join its ecosystem. By press time, Solana is trading at $90.99, having rallied over 4% in the last 24 hours.Polygon (MATIC)Polygon (MATIC), a layer-2 scaling solution for Ethereum, has become a key entity in enhancing the scalability and user experience of the Ethereum network. With the escalating demand for decentralized applications on Ethereum, Polygon’s infrastructure offers a viable solution.Given the array of projects building on its platform, a $10 investment in Polygon could capitalize on the network’s increasing importance in the broader blockchain landscape.MATIC had recorded weekly losses of about 4% by press time, while on the daily chart, the token was up 3%, trading at $0.75.

Crypto exchange Crypto.com claims the news of Terra Classic (LUNC) delisting could be "valid". LUNC price tumbled 10%.The Terra Luna Classic community faced a minor setback after some investors received emails of LUNC delisting from crypto exchange Crypto.com. LUNC price fell nearly 10% as holders were in dilemma whether to sell their holdings or await an official announcement on the Crypto.com website or social media channels.Terra Classic (LUNC) DelistingSome Terra Luna Classic community members shared concerns regarding emails circulating about LUNC delisting by Crypto.com on February 15. The community considered the emails could be a phishing scam putting customers in danger.The crypto exchange’s response to inquiries fell short as there is no announcement on the website or social media channel. The community expects an official announcement from executives or exchange as the FUD has impacted LUNC prices.

Check out what Binance plans to do today (January 22).TL;DRThe exchange plans to burn a substantial amount of Binance-pegged assets.Following a recent BNB token burn, the price showed a minor fluctuation.The world’s largest cryptocurrency exchange will burn “a significant amount of Binance-pegged” assets on various chains today – January 22.“The equivalent amount of these tokens on their native networks, which were used as collateral, will then be released,” the company said.However, the exchange’s statement failed to name the exact tokens that will be affected by the burn.Such burning programs, adopted by numerous crypto organizations, aim to reduce the circulating supply of a certain asset, making it scarcer and potentially more valuable in time. One of the most popular projects utilizing this strategy is Shiba Inu, whose ecosystem burns tokens quite frequently. Some users praised Binance for its move, claiming it reflects its “commitment to token economics” and that the firm stays true to its promise about more transparency. Others, though, believe the move could trigger enhanced volatility for the affected cryptocurrencies, especially those with smaller market caps. Last week, Binance completed the 26th quarterly burn of BNB tokens, reducing the supply by 2.14 million assets (equaling approximately $660 million at the time).At first, BNB’s price showed little to no volatility, continuing to trade sideways at around $310 (per CoinGecko’s data). It headed north in the following days, surpassing the $320 mark earlier today before retracing to its current level of $315.

Meme tokens have never been taken seriously since the beginning. Yet, times have changed, and these meme-inspired cryptos have gained prominence. Pepe Coin (PEPE), Shiba Inu (SHIB), and Dogecoin (DOGE) have already shown their potential in the crypto market, and they have set their foot within the realm. AdvertisementPepe Coin (PEPE): The Playful Meme TokenPepe Coin (PEPE) has quietly carved a niche in cryptocurrency, blending playful branding with a distinct focus on digital art and collectables. Despite having a smaller market cap and community than Shiba Inu (SHIB), Pepe Coin (PEPE) stands out for integrating blockchain with digital art, attracting a devoted followingShiba Inu (SHIB): Leading the Way in Decentralized Meme TokensShiba Inu (SHIB) has captured attention due to its mysterious origins and rapid growth. With a total supply of one quadrillion and systematic token burns increasing scarcity, Shiba Inu (SHIB) has become synonymous with a decentralized and spontaneous community. Its loyal following values the token’s uniqueness and potential for value appreciation.Dogecoin (DOGE): Meme Token to Crypto PlayerDogecoin (DOGE), with its recognizable Shiba Inu (SHIB) dog logo, has transitioned from a token rooted in internet memes to a noteworthy participant in the cryptocurrency realm. Support from influential individuals like Elon Musk has expanded Dogecoin’s (DOGE) applications, such as tipping online creators and supporting charitable causes. Despite Dogecoin’s (DOGE) notable past gains, its future direction is uncertain.Kelexo (KLXO): Transforming Web3 LendingIntroducing Kelexo (KLXO), more than just a token, represents a transformative web3 marketplace reshaping the lending landscape. Kelexo (KLXO) facilitates the connection between loan lenders and borrowers, eliminating intermediaries, long waiting times, and exorbitant fees. Its user-friendly approach allows individuals to sign up without cumbersome KYC processes, offering instant payouts for loans and transaction fees lower than competitors.Substantial fees, bureaucratic hurdles, and strict compliance characterize traditional lending. Kelexo (KLXO) disrupts this model with minimal identification requirements, making borrowing and lending accessible to a broader audience.

Binance Square #Write2Earn: Enjoy Up to 5% Trading Fee Commissions With Your Binance Square Posts!5:00 AM・Jan 22, 2024Binance AnnouncementFollowThis is a general announcement. Products and services referred to here may not be available in your region. Binance Square is pleased to launch the #Write2Earn promotion for all Binance Square creators. Eligible Binance Square creators who post qualified content on Binance Square during the Promotion Period, may each earn up to 5% trading fee commissions from their readers’ spot, margin and/or futures trade(s) on a first-come, first-served basis. Promotion Period: 2024-01-22 00:00 (UTC) to 2024-02-25 23:59 (UTC) How to ParticipateLogin to your Binance account, and go to Binance Square.Publish qualified content pieces (i.e., short posts, long articles or polls) that include the #Write2Earn hashtag and at least 200 characters. Get up to 5% in trading fee commissions from regular and VIP 1-2 users’ spot, margin and futures trade(s) (excluding copy trading) when they engage with your qualified content pieces (e.g., via likes, shares, quotes, comments), and complete the trade(s) within 180 minutes after the engagement.Publish qualified content pieces (i.e.,short posts, long articles or polls) that include the #Write2Earn hashtag and at least 200 ᴄʜᴀʀᴀᴄᴛᴇʀs