Rokodavid
Open Trade
Frequent Trader
1.4 Years
soy una persona persistente y paciente.
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hello everyone, I leave you the word of the day and others "MARKET" follow me for more words of the day WORLD
follow me.
🌟 3 Letters
BTC
🌟 4 Letters
GOAL - TERM - BULL - RISK
🌟 5 Letters
PRICE - ASSET
🌟 6 Letters
SUPPLY - MARKET - REWARD
🌟 7 Letters
JOURNEY
🌟 8 Letters
OPTIMISM - ADOPTION - PATIENCE - MOVEMENT
#WOLDOFTHEDAY
$BTC
$SOL
$WLD
follow me.
🌟 3 Letters
BTC
🌟 4 Letters
GOAL - TERM - BULL - RISK
🌟 5 Letters
PRICE - ASSET
🌟 6 Letters
SUPPLY - MARKET - REWARD
🌟 7 Letters
JOURNEY
🌟 8 Letters
OPTIMISM - ADOPTION - PATIENCE - MOVEMENT
#WOLDOFTHEDAY
$BTC
$SOL
$WLD
See original
$BTC
Bullish sentiment
Reports come as Bitcoin surpassed $90,000 on April 22 for the first time in six weeks, reflecting that traders are adopting Bitcoin and gold as potential hedges against imminent trade wars and geopolitical volatility.
The price action followed the largest daily net inflows into spot Bitcoin ETFs in the U.S. since January.
The 11 U.S. spot BTC funds collectively attracted over $380 million in net inflows on April 21, according to data from CoinGlass.
Intellectia AI noted that drivers of institutional demand, including corporate buyers of Bitcoin and exchanges like Coinbase and Kraken, could continue to drive positive price action.
Corporate treasuries of Bitcoin already hold nearly $65 billion in BTC, according to data from Bitcointreasuries.net.
Hedge or speculation?
Gold and BTC "seem to have structurally become more important components of investors' portfolios" as they increasingly seek to protect themselves against geopolitical risk and inflation, noted investment bank JP Morgan in a research note from January.
However, the correlation of Bitcoin with gold, historically a preferred safe haven against macroeconomic uncertainty, has been low since U.S. President Donald Trump announced broad tariffs on imports on April 2, Binance Research reported on April 7.
In fact, Bitcoin has been more closely correlated with stocks, according to Binance.
Paradoxically, sustained inflows into ETFs could further diminish Bitcoin's status as a macroeconomic hedge, eroding one of its most attractive features for institutions, said Spencer Yang, a senior contributor to the crypto infrastructure project Fractal Bitcoin, to Cointelegraph.
Bullish sentiment
Reports come as Bitcoin surpassed $90,000 on April 22 for the first time in six weeks, reflecting that traders are adopting Bitcoin and gold as potential hedges against imminent trade wars and geopolitical volatility.
The price action followed the largest daily net inflows into spot Bitcoin ETFs in the U.S. since January.
The 11 U.S. spot BTC funds collectively attracted over $380 million in net inflows on April 21, according to data from CoinGlass.
Intellectia AI noted that drivers of institutional demand, including corporate buyers of Bitcoin and exchanges like Coinbase and Kraken, could continue to drive positive price action.
Corporate treasuries of Bitcoin already hold nearly $65 billion in BTC, according to data from Bitcointreasuries.net.
Hedge or speculation?
Gold and BTC "seem to have structurally become more important components of investors' portfolios" as they increasingly seek to protect themselves against geopolitical risk and inflation, noted investment bank JP Morgan in a research note from January.
However, the correlation of Bitcoin with gold, historically a preferred safe haven against macroeconomic uncertainty, has been low since U.S. President Donald Trump announced broad tariffs on imports on April 2, Binance Research reported on April 7.
In fact, Bitcoin has been more closely correlated with stocks, according to Binance.
Paradoxically, sustained inflows into ETFs could further diminish Bitcoin's status as a macroeconomic hedge, eroding one of its most attractive features for institutions, said Spencer Yang, a senior contributor to the crypto infrastructure project Fractal Bitcoin, to Cointelegraph.
See original
#SaylorBTCPurchase
More than 13,000 institutions have exposure to Strategy as Saylor hinted at a BTC purchase
According to data from SaylorTracker, Strategy has increased its investment in Bitcoin by more than 25%, representing over USD 9 billion in unrealized gains.
The co-founder of Strategy, Michael Saylor, hinted at an upcoming Bitcoin purchase
BTC
81,700 €
by Strategy and stated that more than 13,000 institutions now have direct exposure to the company.
The company's most recent acquisition of 3,459 BTC, valued at over USD 285 million at the time of purchase on April 14, raised Strategy's total holdings to 531,644 BTC, valued at over USD 44.9 billion.
Saylor continued with the BTC chart, which he typically publishes on Sundays to signal an imminent BTC acquisition, along with a breakdown of investors' exposure to the company. The executive wrote in a post on X on April 20:
"Based on public data as of the first quarter of 2025, more than 13,000 institutions and 814,000 retail accounts own MSTR directly. It is estimated that 55 million beneficiaries have indirect exposure through ETFs, mutual funds, pensions, and insurance portfolios."
The growing popularity of Strategy among retail and institutional investors is significant as the company channels capital from traditional financial markets into Bitcoin. The increase in capital flows translates to the company accumulating and holding more BTC, slowly increasing the price of the limited supply digital asset.
More than 13,000 institutions have exposure to Strategy as Saylor hinted at a BTC purchase
According to data from SaylorTracker, Strategy has increased its investment in Bitcoin by more than 25%, representing over USD 9 billion in unrealized gains.
The co-founder of Strategy, Michael Saylor, hinted at an upcoming Bitcoin purchase
BTC
81,700 €
by Strategy and stated that more than 13,000 institutions now have direct exposure to the company.
The company's most recent acquisition of 3,459 BTC, valued at over USD 285 million at the time of purchase on April 14, raised Strategy's total holdings to 531,644 BTC, valued at over USD 44.9 billion.
Saylor continued with the BTC chart, which he typically publishes on Sundays to signal an imminent BTC acquisition, along with a breakdown of investors' exposure to the company. The executive wrote in a post on X on April 20:
"Based on public data as of the first quarter of 2025, more than 13,000 institutions and 814,000 retail accounts own MSTR directly. It is estimated that 55 million beneficiaries have indirect exposure through ETFs, mutual funds, pensions, and insurance portfolios."
The growing popularity of Strategy among retail and institutional investors is significant as the company channels capital from traditional financial markets into Bitcoin. The increase in capital flows translates to the company accumulating and holding more BTC, slowly increasing the price of the limited supply digital asset.
See original
$SOL
Solana futures ETF will grow in institutional adoption, despite limited inflows
The approval of the first spot Solana ETF may be the "next logical step" following the debut of SOL futures ETFs, industry observers told Cointelegraph.
The cryptocurrency sector is about to debut the first exchange-traded fund (ETF) of Solana futures, a significant advancement that may pave the way for the first spot ETF of Solana, as the "next logical step" for cryptocurrency-based trading products, according to industry observers.
Volatility Shares will launch two Solana futures ETFs
SOL
€118.38
, the Volatility Shares Solana ETF (SOLZ) and the Volatility Shares 2X Solana ETF (SOLT), on March 20.
According to Ryan Lee, chief analyst at Bitget Research, the debut of the first Solana futures ETF could signify significant institutional adoption of the SOL token.
"The launch of the first Solana ETFs in the U.S. could significantly boost Solana's market position by increasing demand and liquidity for SOL, potentially narrowing the gap with Ethereum's market capitalization."
The Solana ETF will increase institutional adoption by "offering a regulated investment vehicle, attracting billions in capital, and enhancing Solana's competitiveness against Ethereum," Lee said, adding that "Ethereum's entrenched ecosystem remains a formidable barrier."
Still, other industry participants are concerned that the Solana futures ETF may lead to investor disappointment due to a lack of inflows, as seen with the launch of the Ether spot ETF, which was only a "companion" to Bitcoin ETFs in terms of inflows, as predicted by Bloomberg's senior ETF analyst, Eric Balchunas.
Solana futures ETF will grow in institutional adoption, despite limited inflows
The approval of the first spot Solana ETF may be the "next logical step" following the debut of SOL futures ETFs, industry observers told Cointelegraph.
The cryptocurrency sector is about to debut the first exchange-traded fund (ETF) of Solana futures, a significant advancement that may pave the way for the first spot ETF of Solana, as the "next logical step" for cryptocurrency-based trading products, according to industry observers.
Volatility Shares will launch two Solana futures ETFs
SOL
€118.38
, the Volatility Shares Solana ETF (SOLZ) and the Volatility Shares 2X Solana ETF (SOLT), on March 20.
According to Ryan Lee, chief analyst at Bitget Research, the debut of the first Solana futures ETF could signify significant institutional adoption of the SOL token.
"The launch of the first Solana ETFs in the U.S. could significantly boost Solana's market position by increasing demand and liquidity for SOL, potentially narrowing the gap with Ethereum's market capitalization."
The Solana ETF will increase institutional adoption by "offering a regulated investment vehicle, attracting billions in capital, and enhancing Solana's competitiveness against Ethereum," Lee said, adding that "Ethereum's entrenched ecosystem remains a formidable barrier."
Still, other industry participants are concerned that the Solana futures ETF may lead to investor disappointment due to a lack of inflows, as seen with the launch of the Ether spot ETF, which was only a "companion" to Bitcoin ETFs in terms of inflows, as predicted by Bloomberg's senior ETF analyst, Eric Balchunas.
See original
$BNB
The de-banking of the crypto sector will not end until January 2026, according to Caitlin Long
Efforts to de-bank the crypto sector may continue until January 2026, when Trump may appoint a new Federal Reserve governor, according to blockchain regulatory advisors.
The cryptocurrency industry may continue to face de-banking related issues in the United States, despite the recent wave of positive legislation, according to crypto regulation experts and industry leaders.
The collapse of crypto-friendly banks in early 2023 sparked the first accusations regarding Operation Chokepoint 2.0. Critics, including venture capitalist Nic Carter, described it as a government effort to pressure banks to cut ties with cryptocurrency companies.
Despite the numerous positive decisions towards crypto by U.S. President Donald Trump, including the order on March 7 to use Bitcoin
BTC
€77,291
seized in criminal cases by the government to establish a national reserve, the industry may still face banking issues.
"It is premature to say that de-banking has ended," according to Caitlin Long, founder and CEO of Custodia Bank. Long stated during the Cointelegraph Chainreaction daily X program on March 21 that:
"There are two crypto-friendly banks under examination by the Fed right now and an army of examiners was sent to these banks, including examiners from Washington, a literal army simply suffocating the banks."
The de-banking of the crypto sector will not end until January 2026, according to Caitlin Long
Efforts to de-bank the crypto sector may continue until January 2026, when Trump may appoint a new Federal Reserve governor, according to blockchain regulatory advisors.
The cryptocurrency industry may continue to face de-banking related issues in the United States, despite the recent wave of positive legislation, according to crypto regulation experts and industry leaders.
The collapse of crypto-friendly banks in early 2023 sparked the first accusations regarding Operation Chokepoint 2.0. Critics, including venture capitalist Nic Carter, described it as a government effort to pressure banks to cut ties with cryptocurrency companies.
Despite the numerous positive decisions towards crypto by U.S. President Donald Trump, including the order on March 7 to use Bitcoin
BTC
€77,291
seized in criminal cases by the government to establish a national reserve, the industry may still face banking issues.
"It is premature to say that de-banking has ended," according to Caitlin Long, founder and CEO of Custodia Bank. Long stated during the Cointelegraph Chainreaction daily X program on March 21 that:
"There are two crypto-friendly banks under examination by the Fed right now and an army of examiners was sent to these banks, including examiners from Washington, a literal army simply suffocating the banks."
See original
#ETFWatch
Canary requests an ETF for PENGU that tracks the Pudgy Penguins token
A new fund that tracks PENGU would add a meme-inspired cryptocurrency to the growing list of digital asset ETF applications from the firm.
Canary Capital has submitted an application to the Securities and Exchange Commission (SEC) to include a PENGU ETF for Pudgy Penguins, marking its latest attempt to expand cryptocurrency investment options through exchange-traded products (ETFs).
In a Form S-1 filing with the SEC on Thursday, the cryptocurrency investment firm requested the creation of the Canary PENGU ETF, which would primarily hold PENGU tokens directly. The proposed fund would also hold positions in other digital assets, such as Solana and Ethereum, necessary for the purchase and transfer of PENGU.
Niche cryptocurrencies beyond Bitcoin and Ethereum
This decision comes at a time when investors seek exposure to niche cryptocurrencies beyond market leaders like Bitcoin and Ethereum. PENGU, launched in December 2024, serves as the official token of the Pudgy Penguins NFT collection, making this proposed ETF unique in the evolving digital asset market.
According to the application, the fund would determine its daily value based on the prices of PENGU provided by CoinDesk Indices, deducting management fees and expenses. The trust would invest between 80% and 95% of its assets in PENGU tokens and between 5% and 15% in Pudgy Penguin NFTs.
Canary requests an ETF for PENGU that tracks the Pudgy Penguins token
A new fund that tracks PENGU would add a meme-inspired cryptocurrency to the growing list of digital asset ETF applications from the firm.
Canary Capital has submitted an application to the Securities and Exchange Commission (SEC) to include a PENGU ETF for Pudgy Penguins, marking its latest attempt to expand cryptocurrency investment options through exchange-traded products (ETFs).
In a Form S-1 filing with the SEC on Thursday, the cryptocurrency investment firm requested the creation of the Canary PENGU ETF, which would primarily hold PENGU tokens directly. The proposed fund would also hold positions in other digital assets, such as Solana and Ethereum, necessary for the purchase and transfer of PENGU.
Niche cryptocurrencies beyond Bitcoin and Ethereum
This decision comes at a time when investors seek exposure to niche cryptocurrencies beyond market leaders like Bitcoin and Ethereum. PENGU, launched in December 2024, serves as the official token of the Pudgy Penguins NFT collection, making this proposed ETF unique in the evolving digital asset market.
According to the application, the fund would determine its daily value based on the prices of PENGU provided by CoinDesk Indices, deducting management fees and expenses. The trust would invest between 80% and 95% of its assets in PENGU tokens and between 5% and 15% in Pudgy Penguin NFTs.
See original
#VoteToListOnBinance
an initiative by Binance, one of the leading cryptocurrency exchange platforms. This initiative allows the user community to have the opportunity to *vote* on which cryptocurrencies are listed on the platform,
creating a dynamic for a democratic decision-making process in the listing procedures. Projects that receive enough votes can be considered for inclusion, which may lead them to be analyzed and go through all the strict processes that the platform has.
an initiative by Binance, one of the leading cryptocurrency exchange platforms. This initiative allows the user community to have the opportunity to *vote* on which cryptocurrencies are listed on the platform,
creating a dynamic for a democratic decision-making process in the listing procedures. Projects that receive enough votes can be considered for inclusion, which may lead them to be analyzed and go through all the strict processes that the platform has.
See original
$BNB Price of BNB
The value of BNB fluctuates, as evidenced in the previous BNB price chart. Several factors can affect the price of BNB, given the wide range of use cases for the asset along with the speculative nature of the cryptocurrency industry. The list of uses for BNB includes functioning as a vehicle for fee payments on BNB Chain and as money through the Binance payment card. BNB is the governance asset for BNB Chain.
BNB is burned every quarter according to a formula, which is expected to continue until the circulating supply of BNB reaches less than 100 million, down from its initial count of 200 million.
For news about Binance Coin (BNB news), check the Binance Coin tag on Cointelegraph.
The value of BNB fluctuates, as evidenced in the previous BNB price chart. Several factors can affect the price of BNB, given the wide range of use cases for the asset along with the speculative nature of the cryptocurrency industry. The list of uses for BNB includes functioning as a vehicle for fee payments on BNB Chain and as money through the Binance payment card. BNB is the governance asset for BNB Chain.
BNB is burned every quarter according to a formula, which is expected to continue until the circulating supply of BNB reaches less than 100 million, down from its initial count of 200 million.
For news about Binance Coin (BNB news), check the Binance Coin tag on Cointelegraph.
See original
#BotOrNot Automated trading bots can help traders make faster and more accurate decisions, and reduce human error. They can also help avoid decisions based on emotions.
Benefits of trading bots
Reduce human error
The bots follow strategies and market analysis tools.
Save time
The bots can analyze markets in seconds, while it would take humans more time.
Improve performance
The bots can perform a list of tasks, such as analyzing markets, finding buy/sell opportunities, and validating orders.
Help avoid emotional decisions
The bots can help traders implement complex strategies, even in volatile markets.
Allow for portfolio diversification
The bots can help traders diversify their portfolio, which can help optimize profits.
Allow for managing multiple strategies
The bots can help traders manage multiple strategies at the same time.
Automated trading bots connect to various platforms and execute trades according to a set of rules predefined by the user.
Benefits of trading bots
Reduce human error
The bots follow strategies and market analysis tools.
Save time
The bots can analyze markets in seconds, while it would take humans more time.
Improve performance
The bots can perform a list of tasks, such as analyzing markets, finding buy/sell opportunities, and validating orders.
Help avoid emotional decisions
The bots can help traders implement complex strategies, even in volatile markets.
Allow for portfolio diversification
The bots can help traders diversify their portfolio, which can help optimize profits.
Allow for managing multiple strategies
The bots can help traders manage multiple strategies at the same time.
Automated trading bots connect to various platforms and execute trades according to a set of rules predefined by the user.
See original
#BotOrNot Automated trading bots can help traders make faster and more accurate decisions, and reduce human error. They can also help avoid decisions based on emotions.
Benefits of trading bots
Reduce human error
Bots follow strategies and market analysis tools.
Save time
Bots can analyze markets in seconds, while it would take humans longer.
Improve performance
Bots can carry out a list of tasks, such as analyzing markets, finding buy/sell opportunities, and validating orders.
Help avoid emotional decisions
Bots can assist traders in implementing complex strategies, even in volatile markets.
Allow for portfolio diversification
Bots can help traders diversify their portfolio, which can help optimize profits.
Allow for managing multiple strategies
Bots can help traders manage multiple strategies at the same time.
Automated trading bots connect to various platforms and execute trades according to a set of rules established by the user.
$BNB
Benefits of trading bots
Reduce human error
Bots follow strategies and market analysis tools.
Save time
Bots can analyze markets in seconds, while it would take humans longer.
Improve performance
Bots can carry out a list of tasks, such as analyzing markets, finding buy/sell opportunities, and validating orders.
Help avoid emotional decisions
Bots can assist traders in implementing complex strategies, even in volatile markets.
Allow for portfolio diversification
Bots can help traders diversify their portfolio, which can help optimize profits.
Allow for managing multiple strategies
Bots can help traders manage multiple strategies at the same time.
Automated trading bots connect to various platforms and execute trades according to a set of rules established by the user.
$BNB
See original
$BTC 4 signals that Bitcoin at a price of USD 76.7K is probably the ultimate bottom
The Bitcoin correction may have ended, supported by derivative markets, a weak dollar, and the contagion of the U.S. budget crisis.
On March 11, Bitcoin
BTC
€76,548
fell to a four-month low of USD 76,700, following a weekly decline of 6% in the S&P 500 index.
The stock market correction brought the index to its lowest level in six months as investors assessed the increased likelihood of a global economic recession.
Despite the 30% drop in Bitcoin from its all-time high of USD 109,350, four key indicators suggest that the correction may have ended.
The Bitcoin bear market needs a 40% drop and a strong USD
Some analysts argue that Bitcoin has entered a bear market. However, the current price action differs significantly from the crash in November 2021, which began with a 41% drop from USD 69,000 to USD 40,560 in just 60 days.
A comparable scenario today would imply a drop to USD 64,400 by the end of March.
The current correction reflects a 31.5% decline from USD 71,940 on June 7, 2024, to USD 49,220 in 60 days.
Moreover, during the bear market of late 2021, the U.S. dollar strengthened against a basket of foreign currencies, as reflected by the DXY index, which rose from 92.4 in September 2021 to 96.0 in December 2021.
This time, however, the DXY started 2025 at 109.2 and has since fallen to 104. Traders maintain that Bitcoin has an inverse correlation with the DXY index, as it is primarily considered a risk asset rather than a hedge against dollar weakness.
Overall, current market conditions show no signs of investors moving to cash positions, which supports the price of Bitcoin.
The Bitcoin correction may have ended, supported by derivative markets, a weak dollar, and the contagion of the U.S. budget crisis.
On March 11, Bitcoin
BTC
€76,548
fell to a four-month low of USD 76,700, following a weekly decline of 6% in the S&P 500 index.
The stock market correction brought the index to its lowest level in six months as investors assessed the increased likelihood of a global economic recession.
Despite the 30% drop in Bitcoin from its all-time high of USD 109,350, four key indicators suggest that the correction may have ended.
The Bitcoin bear market needs a 40% drop and a strong USD
Some analysts argue that Bitcoin has entered a bear market. However, the current price action differs significantly from the crash in November 2021, which began with a 41% drop from USD 69,000 to USD 40,560 in just 60 days.
A comparable scenario today would imply a drop to USD 64,400 by the end of March.
The current correction reflects a 31.5% decline from USD 71,940 on June 7, 2024, to USD 49,220 in 60 days.
Moreover, during the bear market of late 2021, the U.S. dollar strengthened against a basket of foreign currencies, as reflected by the DXY index, which rose from 92.4 in September 2021 to 96.0 in December 2021.
This time, however, the DXY started 2025 at 109.2 and has since fallen to 104. Traders maintain that Bitcoin has an inverse correlation with the DXY index, as it is primarily considered a risk asset rather than a hedge against dollar weakness.
Overall, current market conditions show no signs of investors moving to cash positions, which supports the price of Bitcoin.
See original
#TradingAnalysis101 Technical analysis and fundamental analysis are two types of analysis used in trading.
Technical analysis
It is based on the analysis of historical price charts and market statistics
It is used to identify investment opportunities
It is based on the idea that prices tend to move in trends
It is used to determine the future trend of a market
It is used to determine potential entry and exit points for each position
Fundamental analysis
It is used to assess the strength of an instrument over a period of time and in the future
It is used to determine if an asset is overvalued, undervalued, or trading at fair market value
It is based on examining related economic and financial factors
Trading is the buying and selling of listed assets, such as currencies, commodities, indices, and bonds. It is usually conducted in liquid and electronic markets and carries high risks.
Technical analysis
It is based on the analysis of historical price charts and market statistics
It is used to identify investment opportunities
It is based on the idea that prices tend to move in trends
It is used to determine the future trend of a market
It is used to determine potential entry and exit points for each position
Fundamental analysis
It is used to assess the strength of an instrument over a period of time and in the future
It is used to determine if an asset is overvalued, undervalued, or trading at fair market value
It is based on examining related economic and financial factors
Trading is the buying and selling of listed assets, such as currencies, commodities, indices, and bonds. It is usually conducted in liquid and electronic markets and carries high risks.
See original
#TradingAnalysis101
Technical analysis and fundamental analysis are two types of analysis used in trading.
Technical Analysis
It is based on the analysis of historical price charts and market statistics.
It is used to identify investment opportunities.
It is based on the idea that prices tend to move in trends.
It is used to determine the future trend of a market.
It is used to determine potential entry and exit points for each position.
Fundamental Analysis
It is used to assess the strength of an instrument over a period of time and in the future.
It is used to determine if an asset is overvalued, undervalued, or trading at fair market value.
It is based on the examination of related economic and financial factors.
Trading is the buying and selling of listed assets, such as currencies, commodities, indices, and bonds. It is typically conducted in liquid and electronic markets and carries high risks.
$BTC
Technical analysis and fundamental analysis are two types of analysis used in trading.
Technical Analysis
It is based on the analysis of historical price charts and market statistics.
It is used to identify investment opportunities.
It is based on the idea that prices tend to move in trends.
It is used to determine the future trend of a market.
It is used to determine potential entry and exit points for each position.
Fundamental Analysis
It is used to assess the strength of an instrument over a period of time and in the future.
It is used to determine if an asset is overvalued, undervalued, or trading at fair market value.
It is based on the examination of related economic and financial factors.
Trading is the buying and selling of listed assets, such as currencies, commodities, indices, and bonds. It is typically conducted in liquid and electronic markets and carries high risks.
$BTC
See original
I share with you the first word of the day "TOOL"
manten una cartera diversificada.
#wodlanswertoday
$BNB
$XRP
$SOL
manten una cartera diversificada.
#wodlanswertoday
$BNB
$XRP
$SOL
See original
$BNB The current price of Binance Coin (BNB) is 546.06 USD. It has decreased by −1.26% in the last 24 hours. Try to contextualize the information by checking which currencies are gaining and losing at the moment, in addition to taking a look at the price chart of BNB.$BNB
See original
#BinanceTradeSmarter BNB Smart Chain, formerly known as Binance Smart Chain, is a blockchain network developed by Binance, the giant cryptocurrency marketplace. The ecosystem hosts GameFi platforms, dApps, DEXes, and an NFT community, where its token BNB currently ranks among the top 5 cryptocurrencies by market capitalization. "BNB" stands for "Build n' Build," as building has been at the core of the platform's spirit. The BNB smart chain has undoubtedly been a catalyst for Binance's advancement towards market dominance.
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$USDC Binance will remove non-compliant stablecoins with MiCA from its listing in Europe on March 31
Binance will remove nine stablecoins, including USDT and DAI, from its listing in Europe on March 31 to comply with MiCA regulations.
The cryptocurrency exchange Binance will delist several stablecoins in the European Economic Area (EEA) to comply with the Markets in Crypto-Assets Regulation (MiCA).
On March 31, Binance will remove the spot pairs for EEA users; these include nine stablecoins, including USDt
USDT
€0.9227
and Dai
DAI
€0.9231
from Tether, which will be eliminated to comply with Europe's MiCA regulations, the exchange announced on March 3.
However, affected users will still be able to sell their non-compliant stablecoins with MiCA through Binance Convert, the company reported.
Stablecoins that comply with MiCA, such as stablecoins issued by Circle, USDC (USDC) and Eurite (EURI), will remain available and unchanged, Binance said.
Deposits and withdrawals remain supported.
The exchange is encouraging EEA users to convert non-compliant MiCA stablecoins into alternatives like USDC, EURI, or fiat currencies like the euro. However, Binance will continue to support the custody of the affected stablecoins.
"The custody of non-compliant MiCA stablecoins will continue, and you will be able to withdraw or deposit non-compliant MiCA stablecoins at any time," the announcement stated.
"EEA users will still be able to hold and deposit non-compliant MiCA stablecoins and will be able to convert them into MiCA-compliant stablecoins or withdraw them," a Binance spokesperson told Cointelegraph, adding:
"However, they will not be able to use these stablecoins for other products and services on our platform."
Binance encourages its EEA users to convert non-compliant MiCA stablecoins as soon as possible to benefit from the full range of products and services, the spokesperson added.
Binance will remove nine stablecoins, including USDT and DAI, from its listing in Europe on March 31 to comply with MiCA regulations.
The cryptocurrency exchange Binance will delist several stablecoins in the European Economic Area (EEA) to comply with the Markets in Crypto-Assets Regulation (MiCA).
On March 31, Binance will remove the spot pairs for EEA users; these include nine stablecoins, including USDt
USDT
€0.9227
and Dai
DAI
€0.9231
from Tether, which will be eliminated to comply with Europe's MiCA regulations, the exchange announced on March 3.
However, affected users will still be able to sell their non-compliant stablecoins with MiCA through Binance Convert, the company reported.
Stablecoins that comply with MiCA, such as stablecoins issued by Circle, USDC (USDC) and Eurite (EURI), will remain available and unchanged, Binance said.
Deposits and withdrawals remain supported.
The exchange is encouraging EEA users to convert non-compliant MiCA stablecoins into alternatives like USDC, EURI, or fiat currencies like the euro. However, Binance will continue to support the custody of the affected stablecoins.
"The custody of non-compliant MiCA stablecoins will continue, and you will be able to withdraw or deposit non-compliant MiCA stablecoins at any time," the announcement stated.
"EEA users will still be able to hold and deposit non-compliant MiCA stablecoins and will be able to convert them into MiCA-compliant stablecoins or withdraw them," a Binance spokesperson told Cointelegraph, adding:
"However, they will not be able to use these stablecoins for other products and services on our platform."
Binance encourages its EEA users to convert non-compliant MiCA stablecoins as soon as possible to benefit from the full range of products and services, the spokesperson added.
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