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ShibaSwap's BONE Token Transfer Sparked Binance Listing Speculation. An unknown user recently transferred a significant amount of #ShibaSwap's governance token BONE to a wallet associated with cryptocurrency exchange Binance, sparking speculation about a potential new listing on the platform. Today's transfer included approximately 17,000 BONEs worth approximately $10,000. The transaction was detected by blockchain explorer #Etherscan, which identified the receiving wallet as part of Binance's broader network. Alongside the large transfer, another batch of 507.2 BONE tokens was also sent to the same wallet. Such activities are not new; Similar models involving #BONE and this particular wallet have been observed for several years. This move caught the attention of crypto enthusiasts and investors, as Binance is one of the world's leading cryptocurrency exchanges. The existence of Shiba Inu (SHIB), a related token currently traded on #Binance , adds to the intrigue surrounding the transaction. As of now, it remains unclear whether the transfers indicate an upcoming listing of #BONE on Binance or are simply accidental user deposits. It is important to note that exchanges like Binance do not guarantee asset credit for tokens that are not officially listed on their platforms. The crypto community will closely monitor any announcements from Binance regarding BONE's status on the trading platform. $BTC $SHIB

ShibaSwap's BONE Token Transfer Sparked Binance Listing Speculation.

An unknown user recently transferred a significant amount of #ShibaSwap's governance token BONE to a wallet associated with cryptocurrency exchange Binance, sparking speculation about a potential new listing on the platform. Today's transfer included approximately 17,000 BONEs worth approximately $10,000.

The transaction was detected by blockchain explorer #Etherscan , which identified the receiving wallet as part of Binance's broader network. Alongside the large transfer, another batch of 507.2 BONE tokens was also sent to the same wallet. Such activities are not new; Similar models involving #BONE and this particular wallet have been observed for several years.

This move caught the attention of crypto enthusiasts and investors, as Binance is one of the world's leading cryptocurrency exchanges. The existence of Shiba Inu (SHIB), a related token currently traded on #Binance , adds to the intrigue surrounding the transaction.

As of now, it remains unclear whether the transfers indicate an upcoming listing of #BONE on Binance or are simply accidental user deposits. It is important to note that exchanges like Binance do not guarantee asset credit for tokens that are not officially listed on their platforms. The crypto community will closely monitor any announcements from Binance regarding BONE's status on the trading platform.

$BTC $SHIB

Disclaimer: Includes thrid-party opinions. No financial advice. May include sponsored content. See T&Cs.
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Uplifting XRP Report Amid Ripple Lawsuit. The first quarterly report of the year containing important details for XRP and XRP Ledger (XRPL) has been published by Ripple. While the legal fight between Ripple and the SEC has reached a new stage, the report contains uplifting details. Some important parts are as follows: *During the reporting period, the daily transaction volume of XRP Coin increased by 40 percent. Binance, Bybit and Upbit are responsible for 70 percent of the total transaction volume. *Speculative interest in XRP was quite strong in the first three months of 2024. Spot trading volume and strong demand in futures were highly correlated with overall market activity. *Transactions in XRPL increased 2 times in the first quarter of 2024 compared to the previous quarter. *The number of XRPL transactions was at 121 million in the 4th quarter of 2023 and increased to over 251 million in this quarter. *At the end of March, the average #XRPL transaction fee decreased to $0.000856. Ripple (XRP) is among the largest cryptocurrencies, but it is not comparable to its competitors in terms of applications that generate benefits on the network. The team is working hard to improve network capabilities, as it is extremely important for the future of the project. XLS-30 was introduced for DeFi developers and users in the last quarter. It is an automatic market maker (AMM) and improves trading capabilities. “More XRPL support – I'm particularly excited about native AMM going live in Q1, arguably one of the biggest updates for the XRP Ledger.” A small comment about the case was also included; “In terms of next steps, both parties will wait for the Judge to make a decision on final remedies – likely in the coming months. Ripple remains confident that the Judge will approach the resolution phase fairly.” $BTC $ETH $BNB
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Good news for Ripple (XRP) investors: Critical data has been announced! According to Ripple's latest market report, XRP Ledger (XRPL) saw more than double the number of transactions in the first quarter of 2024 compared to the previous quarter, and the average transaction cost was almost halved. According to the report published on May 17, XRPL onchain transaction activity increased by 108 percent, with approximately 251.39 million in the first quarter of 2024, compared to a total of 121.03 million in the last quarter of 2023. Additionally, the average cost per transaction decreased by 45 percent to approximately $0.000856. XRP trading volume distribution among cryptocurrency exchanges remained stable in the first quarter of the year; Binance, Bybit and Upbit account for more than 70 percent of the total trading volume. Additionally, it was stated that the volume traded through fiat pairs in the 1st quarter decreased from 15 percent to 11 percent in the 4th quarter. The report also discussed ongoing litigation against the United States Securities and Exchange Commission (SEC); A lawsuit filed by the SEC in December 2020 alleges that executives conducted an initial public offering of XRP, deeming it an unregistered security. On April 22, Ripple responded to the SEC's $2 billion settlement request and did not accept this request. Ripple argued that the law does not allow the SEC to demand refunds or interest unless it can prove someone was harmed. “In terms of next steps, both parties will wait for the Judge to make a decision on final solutions – likely in the coming months,” Ripple said. “Ripple remains confident that the Judge will approach the resolution phase fairly,” he added. $BTC $ETH $BNB
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