US producer price index announced (ppi)

Monthly announced 0.1 expectation 0.2

Annual announced 2.2 expectation 2.3

$ETH
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$BTC

Bitcoin Finds First Support Point, Investors Interested in Short Positions

According to a cryptocurrency analyst, the Bitcoin price found its first support point after a short-term decline.

According to the analysis shared on the blockchain analysis platform CryptoQuant, Bitcoin found support at $58,250 after the volatility experienced since last week.

Draws attention to the derivatives market
The analyst at CryptoQuant examined the liquidation delta between long and short positions in the Bitcoin derivatives market.

This indicator represents the difference between liquidated long and short Bitcoin positions. The chart, which provides information about the sentiment among investors, shows which is stronger between liquidated long positions (bear market) or short positions (bull market).

Bitcoin begins to stabilize
The analyst wrote that Bitcoin began to stabilize as it returned to the first liquidation zone between long positions, $58,250.

According to CoinGecko data, the Bitcoin price has moved upwards after falling to this level and has exceeded the $59,000 level.

“At the same time, funding rates have turned negative, around -0.01%. This shows that retail investors are increasingly interested in opening short positions,” the analyst commented.

The funding rate can be positive or negative depending on the price difference between the perpetual contract and the spot price and interest rates.

A positive funding rate means that buyers are paying sellers, which encourages futures prices and spot prices to align. A negative funding rate means that sellers are paying buyers and the market balance is maintained.

$BTC

Arthur Hayes' Altcoin Season Formula: BTC, ETH and SOL Must Break These Resistances!

Crypto world veteran Arthur Hayes shared the levels that need to be overcome for the altcoin season.

Hayes said in a new article that Bitcoin and Ethereum are protected from declines in shitcoin markets thanks to strong demand from exchange-traded funds (ETFs) in the US.

Hayes stated that Bitcoin must exceed $70,000 and Ethereum must exceed $4,000 for the altcoin season to return. He also emphasized that Solana could exceed $250, but its impact on the market would not be as strong as Bitcoin and Ethereum.

Hayes suggested that a Bitcoin and Ethereum rally by the end of the year could pave the way for a new revival in the shitcoin market:

The altcoin season will only return after Bitcoin and Ether definitively exceed $70,000 and $4,000, respectively. Solana will also rise above $250, but the Solana pump’s overall wealth impact on the crypto market is not as strong as Bitcoin and Ether, given their relative market caps. The combination of a Bitcoin and Ether rally inspired by dollar liquidity towards the end of the year will provide a strong foundation for a sexy shitcoin party comeback.

Hayes recently wrote in another post that the US could start secretly printing dollars before the election, triggering an altcoin bull run.

Stay tuned for more $ETH $SOL $BNB

Binance Heaps Praise After Listing Giant Altcoin

The world’s largest cryptocurrency exchange, Binance, has heaped praise on the project after listing The Open Network (TON) coin.

Binance announced last week that it will list Toncoin, the TON ecosystem’s own cryptocurrency, on the exchange with the “Seed Tag” tag.

Toncoin can be used for various purposes within the TON ecosystem, such as paying gas fees, handling transaction fees, and paying fees related to storage transactions. TON is also used to act as a blockchain validator.

Highlighted its connection with Telegram
A research report published by Binance stated that “The Open Network offers scalability, fast transactions, and a flexible multi-blockchain architecture. Although it faces some challenges, its integration with Telegram and robust design provide it with a strong foundation.”

It was stated that TON has a capacity of millions of transactions per second, can work with other blockchains and dApps, is more energy efficient and decentralized compared to cryptocurrencies that work with PoW such as Bitcoin.

It was emphasized that the project, which is connected to Telegram, can be used in payment transactions, decentralized finance, content distribution, gaming and social media.

The Binance report said, “As a community-based project, TON has great growth potential, and this could pave the way for a much more decentralized and interconnected digital ecosystem.”

Stay tuned for new information $TON $NOT

Binance-Backed Altcoin Emptying Wallet: How Did It Affect the Price?

Pendle Finance has deposited more than $1 million worth of PENDLE into Binance, the world’s largest cryptocurrency exchange.

According to data from blockchain analysis firm Arkham Intelligence, the wallet belonging to Pendle Finance’s Ecosystem Fund deposited 600,000 PENDLE worth $1.64 million into Binance.

It is generally assumed that tokens are deposited into centralized cryptocurrency exchanges for the purpose of selling. Since the beginning of this year, Pendle Finance has deposited 4 million PENDLE worth $11.2 million into centralized exchanges through the Ecosystem Fund. The most recent deposit was a month ago, with 1 million PENDLE also deposited into Binance.

How Did It Affect the Price?
Pendle Finance is a decentralized protocol that enables the tokenization of future returns and the trading of these tokens. Binance Labs, Binance’s $10 billion investment arm, announced its investment in Pendle Finance in August 2023.

The exchange announced a month before the investment announcement that it would list the PENDLE token in the Innovation Zone.

According to Spot On Chain data, the PENDLE price usually shows a downward trend after Pendle Finance sends its tokens to exchanges, but then recovers quickly.

PENDLE drew a similar chart this time around, falling from $2.87 to $2.49 after the transaction, according to CoinGecko data. However, the price then quickly rose and increased by more than 7 percent in the last 24 hours.

Stay tuned for new information $PENDLE

After Notcoin and Hamster Kombat, Another Game Will Airdrop

After popular Telegram projects such as Toncoin and Hamster Kombat, another game is preparing to airdrop.

Yescoin, which has more than 30 million users worldwide, has started airdrop work to reward its users.

Yescoin founders said, “We are working to meticulously plan every step of the token to ensure the long-term success and growth of the project.” The founders added, “Our main goal is to create long-term, sustainable value in the industry, and to issue tokens that will provide more sustainable value for token holders.”

Proceeding cautiously
Before determining when the airdrop will be made, Yescoin founders are trying to determine how users will be kept in the ecosystem after the token is released and how they will be encouraged to interact more.

The founders said, “Mechanisms that provide short-term dopamine can attract users quickly, but our goal is to ensure that every new user experiences a long-term sense of satisfaction.” “We are working to meticulously plan every step of the way for the token to ensure the long-term success and growth of the project.”

Telegram games are growing rapidly
Games like Notcoin and Hamster Kombat on the TON blockchain have gained millions of users in recent months. Hamster Kombat claims to have over 300 million users, while Notcoin has already held a $1 billion token airdrop.

The Hamster Kombat team recently clarified that it is unclear how much of this user base consists of bots.

“From day one, we have implemented a swipe-to-earn model that is different from the mainstream tap-to-earn approach, which not only increases user engagement but also effectively isolates bots,” the Yescoin creators said.

Stay tuned for new information

Solana Shrinks, Ethereum Grows: Will Institutional Investors Come?

Solana-based decentralized exchange (DEX) trading volumes fell by more than 10 percent in the past week.

Trading volumes on the Ethereum network, Solana’s biggest competitor, increased by 12 percent in the same period. Volumes on the Base and Sui blockchains also increased by 11 percent and 77 percent, respectively.

Ethereum maintains its leadership in US dollar terms in trading volumes with $16.5 billion. Solana ranks second on the list in terms of DEX transactions with a little over $11 billion.

During the same period, the trading volume of DEXs on the Base blockchain was recorded as $5.4 billion in dollar terms.

According to DefiLlama data, the total locked value (TVL) on the Ethereum network is over $6.44 billion. Thus, Ethereum is ahead of Solana, which has a TVL of $1.74 billion.

Institutional investor demand on the Solana network
Although trading volumes on DEXs have decreased, there are still some positive signals for Solana. Zeta Markets founder Tristan Frizza noted that Solana has captured about a 10 percent share of the overall DEX market.

Frizza noted that institutional investors have increased their positions in Solana by shifting from Bitcoin to altcoins, citing CoinShares data. He added that this increased institutional adoption could accelerate the flow of capital into the Solana ecosystem, which could fuel both innovation and demand.

“However, the future pace of institutional DeFi adoption on Solana will depend on overall economic conditions and regulatory developments,” Frizza said.

According to CoinGecko data, Solana (SOL) is trading at $144, up 1.3 percent in the past 24 hours.

Stay tuned for new information $ETH
$SOL

Altcoin Founder Says This Bull Isn't Real: There Are Missing Items, The Result May Be Sad!

Blast founder Tieshun Roquerre, also known as Pacman, explained why the current bull cycle is different from others.

He covered the cycle the cryptocurrency market is in at the Foresight 2024 event held in Hong Kong on Monday. He stated that the cycle we are in has come this far with the spot ETF story and institutional push, while reminding that there were more technological innovations and trends in other cycles.

With these words, Pacman emphasized that this cycle did not develop like previous cycles and that radical technological changes were missing.

However, he noted that the different triggers of the cycle could cause it to be different as a result, that is, to reach an end without seeing crazy increases like in other bulls.

He emphasized that the interest that emerged with the first ICO explosion in 2017, as well as the launch of Uniswap and the invention of NFTs in 2021, is much more realistic than today.

Much of this cycle has been driven by ETFs and pressures, so this cycle hasn’t really happened like previous cycles because there hasn’t been a real cycle in terms of fundamental technology changes.

Meanwhile, Pacman announced that it is working on the “biggest project” in history, the Blur NFT marketplace, which it will launch in 2022. It said it will provide more details as the project’s launch date approaches.

Stay tuned for more information

Bitcoin Miners Take a Hit: $25 Million Hits Yearly Low

Bitcoin miners’ revenue from block rewards and transaction fees has been declining steadily for two weeks, hitting a new low on August 11.

Bitcoin miners earned a total of $25.5 million per day on that date. Miners’ daily revenue hasn’t been this low since October 2023.

With the Bitcoin halving in April, miners’ block rewards were cut in half from 6.25 BTC to 3.125 BTC. As Bitcoin miners expected, daily revenues fell below $3 million for the first time in May.

Bitcoin miners could earn around $65 million per day in the first four months of 2024.

Bear market also hits miners
Bitcoin miners have obtained the necessary financing to continue their operations, even though the rewards have been halved, with the price also rising after the May drop.

However, the pause in Bitcoin's rise, the price decrease, and the increase in mining difficulty have led to a decrease in miners' income.
Leading mining companies such as Marathon Digital and Bitfarms have renewed their equipment before the halving in order to prepare for the competitive environment after the halving and to operate efficiently.

"We continue to change our operating profile significantly with our ongoing fleet renewals and geographic expansions," said Bitfarms CEO Ben Gagnon.

Bitfarms reported a 16 percent decrease in revenue of $42 million in the second quarter of the year compared to the previous year. The company attributed the decrease in revenue to the decrease in block rewards.

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$BTC

A reversal is expected with the combined value of all crypto assets remaining above the $2 trillion support.

Considering that this level has been tested as a support level in the past, it is thought that it could be an obstacle to further declines.

The total crypto market value has also been seen to decline in recent days.

The declines seen after TOTAL experienced an inflow of more than $210 billion in a single day in the past days did not go unnoticed.

During the mentioned period, in the last 3 days, the outflows exceeding $100 billion in the market made investors nervous and TOTAL was seen to be at the $2 trillion level.

However, regaining the $2.11 trillion support could help the total crypto market value recover from the $100 billion drop. This would also provide further recovery for the crypto market.

Latest Situation in Bitcoin
Bitcoin's price is trading at $58,000 in the morning hours, below the important psychological and technical support level of $60,000. Bitcoin price seems to be trying to stay above $58,200 as a support floor, and a move below this level could cause the price to drop to $54,500

In order for at least neutral price movements to occur, BTC needs to make a small price move to at least $60,000, after which it may also make a sideways move. In the scenario where $60,000 becomes support again, Bitcoin's price may return to an uptrend.

On the BTC side, the target is still seen as $70,000; however, it should not be forgotten that Bitcoin may face multiple resistances before this happens, the next most important resistance is currently 65.It is at the $000 level
$BTC #Binance #btc #Bitcoin #ETH #USDT

What's Behind the Sudden Movement in Ripple: Institutional Data Peaked!

Data provided by Deribit, the world's largest cryptocurrency options exchange, revealed the possibility of volatility specific to Ripple.

Deribit data Ripple's $ 1.10 call option hosted an expectation that the value of the cryptocurrency will double by the end of the month.

At the time of writing, the open interest amount of this option, which will expire on August 28, reached 4,347,000 contracts, worth $ 2.44 million. This was recorded as the highest volume option among all current maturities.

According to data provided by Amberdata, this amount is quite significant for an options market with a history of only five months.

SEC lawsuit may be effective
It was noted that the increasing institutional interest in Ripple may be due to the end of the US Securities and Exchange Commission (SEC) lawsuit that has been ongoing for years.

The number of open interest in such options has increased by 838,000 contracts in the last five months alone. According to Griffin Ardern, head of options trading and research at BloFin, this increased interest in the $1.10 call option could indicate a net long position.

“If the $0.75 resistance level over the last two weeks can be overcome, XRP’s price is likely to rise above $1.10,” Ardern told CoinDesk in an interview, adding that a potential XRP ETF could be a major factor in this price increase.
XRP, which has gained 1% in the last 24 hours, is trading at $0.572 at the time of writing, according to CoinGecko data.

Stay tuned for more information $XRP

Binance announced on Monday, August 12 that it will delist the cryptocurrencies PowerPool (CVP), Ellipsis (EPX), ForTube (FOR), Loom Network (LOOM), Reef (REEF) and VGX Token (VGX) from spot trading.

According to the statement, Binance will remove the CVP/USDT, EPX/USDT, FOR/BTC, FOR/USDT, LOOM/BTC, LOOM/TRY, LOOM/USDT, REEF/TRY, REEF/USDT and VGX/USDT trading pairs from spot trading as of 06:00 GMT on August 19 and will suspend trading. It was stated that trading bots that are the same as the trading pairs will also be closed in parallel.

Binance emphasized that it will not accept withdrawals for the cryptocurrencies in question as of November 26 and October 2024. Deposits will not be processed as of August 27.

According to the data, altcoin prices have fallen sharply. CVP price fell 10% to $0.279, while EPX lost 32%, FOR 28%, LOOM 9%, REEF 30% and VGX 23%.

Binance, the world's largest cryptocurrency exchange, announced that it will delist 6 altcoins from spot and futures trading.

Stay tuned for new information
$EPX
$VGX
$LOOM

This week, 8 tokens will be unlocked.

According to Token Unlocks data, a total of over $167 million will be unlocked in 9 altcoin projects including ApeCoin (APE), CYBER (CYBER) and Arbitrum (ARB) between August 12-18.

In general, the release of more than 1% of the circulating supply in unlocks has a significant negative impact on the price. In this context, the unlocks specific to The Sandbox (SAND), Starknet (STRK), Render (RNDR) and CYBER (CYBER) are important in the coming week.

The Sandbox (SAND): 205 million assets worth $52 million will be unlocked as of 08:00 CET on August 14. 9% of the circulating supply will be released.

CYBER (CYBER): 2 million assets worth $5 million will be unlocked as of 12:00 CET on August 14. 8.54% of the circulating supply will be freed.

Starknet (STRK): 64 million assets worth $23 million will be unlocked over the next week. Unlocking will begin on August 15 at 12:00 UTC. 3.95% of the circulating supply will be freed.

Render (RNDR): 760,000 assets worth $3 million will be unlocked on August 15 at 12:00 UTC. 0.19% of the circulating supply will be freed.

Sei (SEI): 23 million assets worth $7 million will be unlocked on August 15 at 13:00 UTC. 0.89% of the circulating supply will be freed.

Arbitrum (ARB): 96 million assets worth $53 million will be unlocked on August 16 at 10:00 UTC. 2.87% of the circulating supply will be freed.

ApeCoin (APE): 15 million assets worth $9 million will be unlocked as of 12:00 GMT on August 17. 2.38% of the circulating supply will be released.

Ethena (ENA): 14 million assets worth $4 million will be unlocked as of 07:00 GMT on August 18
$APE
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Ethereum Has Its First Positive Week Led by BlackRock

The recently launched spot Ethereum exchange-traded funds (ETFs) in the US had their first net positive week since opening on July 23.

According to SoSoValue data, as of the week of August 5, a total of $104.8 million net inflows were inflows into nine spot Ethereum ETFs in the US. A total of $1.9 billion worth of transactions were made in the same week, bringing the total net asset value to $7.3 billion.

BlackRock Maintains Its Lead
Six of the nine funds closed the week with positive net inflows. BlackRock’s iShares Ethereum Trust fund led the way with $188.4 million in inflows. The BlackRock fund has taken in over $900 million in assets over 13 days of trading and has yet to have a negative day.

The closest name to it was Fidelity, which reached $342 million in total with $44.6 million last week. Grayscale’s Mini Ethereum Trust fund saw $19.8 million in inflows, VanEck Ethereum ETF $16.6 million, Bitwise Ethereum ETF $11.7 million, and Franklin Ethereum ETF $3.7 million.

The 21Shares Core Ethereum ETF and Invesco Galaxy Ethereum ETF reported zero net inflows last week.

Grayscale’s main Ethereum Trust fund saw $180 million in outflows. According to Farside Investors data, Grayscale has had a total of $2.3 billion in outflows to date.

Ethereum funds, while showing a positive weekly performance, saw a net outflow of more than $15 million on Friday. The cryptocurrency market opened the week with a decline, with Ethereum trading at $2,577.

Stay tuned for new information $ETH

Ethereum Hits 5-Year Low: Investor Interest Is Losing!

Transaction fees on the Ethereum (ETH) network have fallen to their lowest level in the last 5 years.

Ethereum transaction fees have fallen to their lowest level in the last 5 years. According to Dune Analytics data, the median transaction fee required to send a transaction on the Ethereum network fell to 1.9 gwei last weekend. Low-priority transactions, on the other hand, drew attention by falling to levels of 1 gwei or below.

This is the lowest level in data obtained since mid-2019 and represents a decrease of approximately 98% compared to the peak of 83.1 gwei reached in March during the year.

Etherscan's transaction fee tracking data from August 12 shows that low-priority Ethereum transactions - those sent in about 10 minutes - cost 1 gwei, or about seven cents.

Different future scenarios for the Ethereum ecosystem
The Ethereum ecosystem’s scaling plans are based on layer-2 blockchains that make transactions cheaper and offer more transaction capacity. These networks perform transactions by abstracting them from Ethereum’s layer-1 (L1) blockchain, but verification operations are still performed on L1.

Gnosis co-founder Martin Köppelmann, in a post on the X platform on August 10, drew attention to this decrease in transaction fees and commented that “Ethereum needs to increase L1 activities.” Emphasizing that transaction fees of at least 23.9 gwei are needed to fund staking rewards, Köppelmann stated that increasing the transaction limit could be part of this strategy.

With Ethereum’s Dencun update in March, nine Ethereum Improvement Proposals (EIPs) were implemented. One of these proposals introduced a system called data blocks or proto-danksharding, which aims to make transactions cheaper on layer-2 blockchains.
$ETH
Stay tuned

Pepe Coin Saw an Opportunity Again and Bought the Drop: It's Already in the Black!

The crypto whale continues to accumulate meme coins by taking advantage of the drops.

According to data provided by the on-chain analysis platform Lookonchain, a whale has become a hot topic while evaluating every opportunity to buy Pepe (PEPE).

The whale in question, with the wallet address cookislandstrust.eth, has purchased a total of $420 billion worth of PEPE in the last 7 days, including the big drop on August 5 and the big drop on August 12, worth $3.13 million.

The whale's current profit from this PEPE investment is positioned at $170,000.

The whale also spent $7.05 million USDT to buy 2,978 ETH around the bottom on August 5, and has a profit of $534,000 on this investment.

Such movements by crypto whales can lead to major fluctuations in the markets and affect the decisions of small investors. Therefore, it is becoming more important than ever for cryptocurrency investors to follow market movements closely and make strategic moves.

Although meme coins like PEPE pose great risks due to their high volatility, they can also offer great earning opportunities.

This situation once again demonstrates how valid the “high risk, high reward” philosophy is in the cryptocurrency world.

According to the data, PEPE, which has lost 10% of its value in the last 24 hours, is trading at $0.000007719 at the time of writing.

Stay tuned for new information $PEPE

Binance Announces: Conversion Process Begins for Delisted Tokens

Binance, the world's largest cryptocurrency exchange, will convert some of the tokens it previously delisted into USDC.

Binance will perform the conversion based on a snapshot of the tokens in users' wallets. The equivalent amount of USDC will be deposited into users' Binance wallets on March 2, 2025 at 02:59 Turkish time.

Users will be able to withdraw the tokens listed below until September 1, 2024 at 23:59 (UTC). After this date, withdrawals will not be possible.

Bitcoin Gold (BTG), Bitcoin Standard Hashrate Token (BTCST), Bitshares (BTS), District0x (DNT), Groestlcoin (GRS), Hegic (HEGIC), MobileCoin (MOB), Monero (XMR), Monetha (MTH), Multichain (MULTI), Navcoin (NAV), Sologenic (SOLO), Spartan Protocol (SPARTA, Symbol (XYM), Tribe (TRIBE)
About the conversion
The conversion will be made based on the average token-USDC exchange rate between September 2, 2024 and March 2, 2025.

All users who have any of the above tokens in their wallets will receive an email as of 02:59 on August 20, 2024, Turkey time.

Binance no longer supports deposits for the tokens listed. Users will be able to transfer tokens from their accounts to other wallets after September 2 will not be able to transfer.

It was stated that the conversion process will be completed on March 2 and users will not be able to view the tokens in their wallets during this process.

Stay tuned for new information

Cryptocurrency Market Priced Negatively: Harris Takes the Lead Against Trump!

The latest data on the DeFi-based prediction platform Polymarket has caused surprise.

The bet launched on Polymarket for the two important names in the US presidential race, Donald Trump and Kamala Harris, has moved to an unexpected place.

While Trump has been leading the race for months, according to current betting odds, Harris managed to get ahead of Trump with 52%. While Trump's chances were 70% in mid-July, they dropped to 46% today.

While the US election results continue to be the largest prediction market on the platform, the trading volume has now exceeded $572 million.

This picture may not be good for cryptocurrencies
Cryptocurrency investors have been positively pricing the possibility of Donald Trump, known for his support for the sector, winning in the past period.

However, the withdrawal of weak opponent Joe Biden from the field and the arrival of Harris in his place did not have a very positive effect on the market.

On the other hand, some analysts think that no matter who is elected, the US will turn to a money printing policy after November and this will start a serious rise for risk assets such as the cryptocurrency market.

US senators stated that Polymarket is against the ethical nature of politics and demanded that this platform be closed down soon.

Stay tuned for new information $ETH

$BNB

Attention: There Will Be $167 Million Locked Token Openings in 9 Altcoins This Week!

This week, a total of tens of millions of dollars worth of unlocks will be opened in 9 altcoins.

According to Token Unlocks data, a total of over $167 million worth of unlocks will be opened in 9 altcoin projects including ApeCoin (APE), CYBER (CYBER) and Arbitrum (ARB) between August 12-18.

In general, the release of more than 1% of the circulating supply in unlocks has a significant negative impact on the price. In this context, the lock openings specific to The Sandbox (SAND), Starknet (STRK), Render (RNDR) and CYBER (CYBER) are important in the coming week.

The Sandbox (SAND): 205 million assets worth $52 million will be unlocked as of 08:00 on August 14th. 9% of the circulating supply will be freed.

CYBER (CYBER): 2 million assets worth $5 million will be unlocked as of 12:00 GMT on August 14. 8.54% of the circulating supply will be freed.
Starknet (STRK): 64 million assets worth $23 million will be unlocked over the next week. Unlocking will begin as of 12:00 GMT on August 15. 3.95% of the circulating supply will be freed.

Render (RNDR): 760,000 assets worth $3 million will be unlocked as of 12:00 GMT on August 15. 0.19% of the circulating supply will be freed.
Sei (SEI): 23 million assets worth $7 million will be unlocked as of 13:00 GMT on August 15. 0.89% of the circulating supply will be freed.
Arbitrum (ARB): 96 million assets worth $53 million will be unlocked as of August 16 at 10:00 UTC. 2.87% of the circulating supply will be freed.

ApeCoin (APE): 15 million assets worth $9 million will be unlocked as of August 17 at 12:00 UTC. 2.38% of the circulating supply will be freed.

Ethena (ENA): 14 million assets worth $4 million will be unlocked as of August 18 at 07:00 UTC.It will open as of 00.

Bitcoin Exchange Binance Delists 6 Altcoins: Prices Dropped!

The world's largest cryptocurrency exchange Binance announced that it will delist 6 altcoins from spot and futures trading.

Binance announced on Monday, August 12 that it will delist PowerPool (CVP), Ellipsis (EPX), ForTube (FOR), Loom Network (LOOM), Reef (REEF) and VGX Token (VGX) cryptocurrencies from spot trading.

According to the statement, Binance will remove CVP/USDT, EPX/USDT, FOR/BTC, FOR/USDT, LOOM/BTC, LOOM/TRY, LOOM/USDT, REEF/TRY, REEF/USDT and VGX/USDT trading pairs from spot trading as of 06:00 GMT on August 19 and will stop trading. It was stated that trading bots that are the same as trading pairs will also be closed in parallel.

Binance has emphasized that it will not accept withdrawals for these cryptocurrencies as of November 26-October 2024. Deposits will not be processed as of August 27.

According to the data, altcoin prices have fallen sharply. While the CVP price fell by 10% to $0.279, EPX lost 32%, FOR by 28%, LOOM by 9%, REEF by 30% and VGX by 23%.

Stay tuned for new information
$EPX $REEF $VGX