Notice of Removal of Spot Trading Pairs - 2024-06-21
2024-06-19 11:00
This is a general announcement. Products and services referred to here may not be available in your region.
Fellow Binancians, 
To protect users and maintain a high quality trading market, Binance conducts periodic reviews of all listed spot trading pairs, and may delist selected spot trading pairs due to multiple factors, such as poor liquidity and trading volume.
Based on our most recent reviews, Binance will remove and cease trading on the following spot trading pairs:
At 2024-06-21 03:00 (UTC): BETA/BTC, SEI/TUSD, TIA/TUSD
Please note:
The delisting of a spot trading pair does not affect the availability of the tokens on Binance Spot. Users can still trade the spot trading pair’s base and quote assets on other trading pair(s) that are available on Binance. 
Binance will terminate Spot Trading Bots services for the aforementioned spot trading pairs at 2024-06-21 03:00 (UTC) where applicable. Users are strongly advised to update and/or cancel their Spot Trading Bots prior to the cessation of Spot Trading Bots services to avoid any potential losses.There may be discrepancies in the translated version of this original article in English. Please reference this original version for the latest or most accurate information where any discrepancies may arise. 

In Brief
Bitcoin is trading at $66,623, with weakened altcoin sales.BTC's key support loss triggered new lows in altcoins.ETH price bounced from the 50-day SMA level of $3,415.

The leading cryptocurrency is trading at $66,623, while altcoinsales have weakened. BTC is still not in a safe zone. Significant losses are normal amid weak risk appetite and long-term investors selling. What levels can be tested in the coming days? What awaits investors at this stage? Current price predictions for Bitcoin and Ether.
Bitcoin (BTC)
Bitcoin, searching for a short-term bottom, continues to close above $66,000 for now. The loss of the key support level in BTC price triggered stop levels in altcoins, creating new lows. If BTC can initiate a recovery, abnormal demand for altcoins may be seen at current levels. Access NEWSLINKER to get the latest technology news.

BTC price fell below $66,147 but reclaimed the region representing the 50-day SMA. Now, $67,863, which corresponds to the EMA20, needs to be reclaimed. While the RSI is negative, the 20-day EMA has turned downward, which is discouraging. If the 50-day SMA level is lost, we could see a deeper correction in Bitcoin price down to $60,000.
In the bullish scenario, either the EMA20 will be reclaimed from the current level, or a bounce from around $65,000 will be expected. The only trigger for a jump to $70,000 would be details favoring risk markets in the Fed’s monetary market report to Congress this coming Friday.
Ethereum (ETH) ETF
While everyone expected approval in June, SEC Chairman Gensler gave a broad timeline until the end of summer for S-1 Form approvals. Bloomberg ETF experts say the normal process is being followed, and the SEC could approve exchange listings on July 2. On June 14, the ETH price bounced from the 50-day SMA level of $3,415, partly for this reason.

Ethereum (ETH) ETF
While everyone expected approval in June, SEC Chairman Gensler gave a broad timeline until the end of summer for S-1 Form approvals. Bloomberg ETF experts say the normal process is being followed, and the SEC could approve exchange listings on July 2. On June 14, the ETH price bounced from the 50-day SMA level of $3,415, partly for this reason.
Here, the 20-day EMA level, which needs to be closed above, corresponds to $3,612. Beyond this, the rally could extend to $3,730 and $3,977. In the opposite scenario, losing $3,415 could see ETH price drop to $2,850. Below $3,362, there is a risk similar to BTC’s $60,000 risk, with a potential drop to $3,000.

The increased selling from Bitcoin miners comes as revenues remain low following the halving.
Bitcoin (BTC) has fallen 4.5% in the past seven days, going to a monthly low of $65,000. This plunge in the digital asset’s value could be linked to increased selling from mining entities.
In the latest CryptoQuant weekly report, analysts revealed that the number of BTC sent from Bitcoin mining entities to exchanges has reached a two-month high amid a decline in their revenues due to lower transaction fees.
Miner Selling Hits Two-Month High
On June 9, the hourly transfer of BTC, mainly from the btc.com mining pool, to the crypto exchange Binance hit a two-month high of more than 3,000 BTC. The next day, miners sold at least 1,200 BTC via over-the-counter desks, recording their highest daily volume since late March, when the daily volume totaled 1,600 BTC.
Large Bitcoin mining companies have also increased their selling activity. One such is the U.S.-based Marathon Digital, which has offloaded 1,400 BTC so far in June. The entity’s June sale represents 8% of its total holdings, a major increase from the 390 BTC it sold in May.
The increased selling from Bitcoin miners comes as revenues remain low following the halving. Daily miner revenues have plunged to approximately $35 million, down 55% from $78 million, a peak reached in March.
Daily Bitcoin transaction fees now hover around 65, a massive drop from the 117 recorded before the halving. In addition, median transaction fees have stayed low in USD terms despite the record-high number of transactions seen on the network in the past few weeks.

CONTENTS
1. Overview
2. Binance coin price prediction: Technical analysis
3. Binance coin price analysis: BNB devalues to $606.9 amidst a downside
4. BNB technical indicators: Levels and action
5. BNB price predictions June 2024
6. BNB price predictions 2024
7. BNB price predictions 2025 to 2030
8. BNB market price prediction: Analysts’ BNB price forecast
9. Cryptopolitan’s Binance coin price forecast
10. BNB historic price sentiment
Key takeaways
Binance coin price prediction for 2024 indicates that the coin’s price could reach a maximum price of $856.The Binance coin price prediction for 2027 projects a maximum price of $2,820 and a minimum price of $2,312.By 2030, BNB’s price could surge to $7,609 with broader acceptance in mainstream finance.
After notable changes in its executive team, Binance has shown resilience and prospects for recovery. The departure of Changpeng Zhao, Binance’s CEO, who was also embroiled in legal challenges, initially caused a decline in the value of Binance coin (BNB). Despite this initial setback, the cryptocurrency has shown a positive trend.
What next for BNB in the remainder of 2024 and beyond? Let’s get into the BNB price prediction and technical analysis.
Overview
CryptocurrencyBinance coinTokenBNBPrice$606.9Market Cap$89,419,523,182Trading Volume$1,449,727,963Circulating Supply147,584,098 BNBAll-time High$717.48 June 06, 2024All-time Low$0.09611 Oct 19, 201724-h High$609.0524-h Low$0.09611
Binance coin price prediction: Technical analysis
MetricValuePrice Prediction$721Volatility6.32%50-Day SMA$603.3114-Day RSI48.29SentimentNeutralFear & Greed Index70 (Greed)Green Days15/30 (50%)200-Day SMA$438.12
Binance coin price analysis: BNB devalues to $606.9 amidst a downside
TL;DR Breakdown
Binance Coin price analysis confirms the downtrend.Coin value has dropped down to $606.9 low.Strong support is available at $551.2 extreme.
The one-day and four-hour Binance Coin price analysis for June 16, 2024, confirms a declining price movement. The past two days proved in favor of the bulls, but currently the bears are on the lead. Overall, the market scenario of the past few weeks proved to be in favor of the bears, and today they secured a comeback once again. The cryptocurrency value has depreciated below $606.9 because of the intensifying selling momentum. If the selling pressure gains further momentum, a further decline in cryptocurrency value seems possible.
BNB price analysis on the daily timeframe: A downturn results in a loss below the $606 marker
The daily Binance Coin price analysis suggests a bearish trend for the day. The past two days proved to be supportive of cryptocurrency buyers, as buying activity remained considerably high. Today, however, a noticeable rise in bearish momentum can be observed. The overall value of the cryptocurrency has declined to $607 as a result of the latest bearish comeback. If we discuss the moving average (MA) indicator, then its curve is a steep slope. That is because of the continual downswing, as observed in the earlier week. Its value has dropped to $624.4 as a result of the bearish price movement. 

Congressman Ro Khanna to host key Bitcoin strategy roundtable with Biden Admin and industry leaders in Washington D.C. next month.

HIGHLIGHTS
Ro Khanna to host pivotal crypto strategy roundtable in D.C. next month.Trump's pro-Bitcoin actions prompt Biden's strategic reassessment.Mark Cuban criticizes SEC's approach, impacting Biden's election strategy.U.S. Congressman Ro Khanna will be conducting a round table conference in Washington D. C next month.From a private email obtained, the event is set to gather representatives of the Biden Administration, Congress, and the industry.Bitcoin Strategy Talk Next MonthSome of the expected guests are members of the House of Representatives and the Senate.The main goal of this assembly is to develop strategies that guarantee that Bitcoin and blockchain technologies remain innovative and dominant in the United States.Khanna’s office has characterized this roundtable as a critical platform for policy makers and visionaries in the blockchain space, making it one of the most important such gatherings to date.Donald Trump’s RoundtableThe proposed roundtable seems to be a clear reaction to the recent actions of the ex-President of the United States, Donald Trump, who has already supported the Bitcoin market. Some of the engagements are, accepting Bitcoin Lightning payments for contributions towards his campaigns, a first for every former president.In addition, he has pledged to reverse what he describes as “Joe Biden’s war on crypto” and champion the idea that the future of Bitcoin and crypto belongs in America.This involvement by Trump has been in the recent past when he held a round table meeting with major US Bitcoin miners at Mar-a-Lago demonstrating his endorsement of the sector. These developments come as the Biden admin has been tightening its relationship with the crypto sector and faces a number of regulatory and legal actions against the industry.Shift in Biden Admin’s Crypto StrategyGiven the past hostility towards cryptocurrencies, as evidenced by President Biden’s veto of a bill enabling financial institutions to provide crypto custody services and the arrest of major players in the crypto mixing space, there is a shift in this policy. For instance, it has been revealed that discussions are being held within Biden admin’s campaign to accept crypto donations through Coinbase Commerce similar to the strategies employed by Trump’s campaign.Furthermore, the involvement of key personalities like Mark Cuban who has recently slammed SEC chairman Gary Gensler for his approach to regulating cryptocurrencies suggests a paradigm shift. Cuban added that this approach of Gensler may harm Biden’s chances in the next presidential election, especially among the millennial and Gen Z voters who are more familiar with cryptocurrencies.This roundtable might prove a tactical shift in the Democratic’s stance on blockchain and cryptocurrency, to ensure that the progressive steps made in the industry are not hindered by the legal actions that are being taken.🫵🏻#BinanceTournament
#AirdropGuide #CPIAlert #ETHETFsApproved #FIT21

Analysis of Fund Flow from Lookonchain, a specialist on-chain data platform where Detailed Information has been given on how spot Bitcoin ETFs has been flowing in and out of various ETF issuers. The report shows important inflows and outflows data and tells us how institutional actions might be driving the market directions.
Per data from Lookonchain, the aggregate actions across nine ETFs saw a net loss of 2,297 Bitcoins or around $153 million. This significant change underscores an important development-state of the biggest financial entities changing their Bitcoin holdings. 
Interestingly, Fidelity Wise Origin Bitcoin Fund saw a significant decrease of 1,596 Bitcoins ($106.3 million), resulting in a total of 172,753 Bitcoins ($11.5 billion) in its holdings.
Detailed ETF Performance Insights
The Grayscale Bitcoin Trust, an even bigger player, dropped its holdings by just 12 BTC, leaving a sizable stash that sits at 282,148 Bitcoins worth roughly $18.8 billion. It’s a small change in what Grayscale is currently holding, but it could suggest a more prudent course of action when compared to Fidelity cutting back on its investments so significantly.

The rise of io.net (IO) has piqued the interest of the crypto community. This growth stems from strategic developments in tokenomics, timely airdrops, and favorable market sentiment. Influential figures like Altcoin Sherpa and gMAK have weighed in, pointing out the key elements that are fueling the upward momentum of $IO ’s price.
io.net’s (IO) Market Perfomance
Altcoin Sherpa, a crypto investor, noted, “$IO : New Binance project that is…actually launching well? I’m an investor here but it looks pretty strong overall.”  This sentiment is echoed by gMAK, who congratulated io.net on launching at a $2 billion fully diluted valuation and noted the impressive chart performance post-airdrop. 

According to iWantCoinNews, IO’s tokenomics are founded on three principles. These include a fixed maximum supply of 800 million tokens, hourly rewards to suppliers and stakers, and a burn mechanism.
Both influencers suggest that IO’s integration with AI narratives could significantly boost its value in the current market cycle.
The robust tokenomics of io.net play a crucial role in its price performance. According to iWantCoinNews, IO’s tokenomics are founded on three principles. These include a fixed maximum supply of 800 million tokens, hourly rewards to suppliers and stakers, and a burn mechanism.
The fixed supply ensures scarcity, with an initial 500 million tokens in circulation. The remaining 300 million will be emitted over time as rewards.
Rewards and Burn Mechanism
Rewards are distributed hourly to suppliers and stakers over 20 years, starting at 8% in the first year and decreasing by 1.02% per month. This deflationary model aims to manage supply effectively. 
Additionally, the burn mechanism uses revenues from the IOG Network to purchase and burn $IO tokens, adjusting the burn rate based on the token’s price. Besides, this dynamic approach helps stabilize the token’s value by reducing supply in response to market conditions.
IO’s initial supply of 500 million tokens is allocated across five categories: seed investors, Series A investors, core contributors, R&D and ecosystem, and the community. Tokens for early investors unlock after 12 months and vest over three years, while those allocated to employees are restricted for four years. This structure minimizes near-term selling pressure, with potential pressure mainly coming from airdrops and rewards.
New Meme Coin to Watch Aiming to be Next $BONK, $WIF or $MEW
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Market Performance and Future Prospects
At publication, IO trades at $5.08, with a daily trading volume of over $1.36 billion, marking a 35.39% increase in the last day, according to CoinMarketCap. This uptick reflects strong market confidence and the strategic measures in place to support IO’s growth.
Hence, io.net’s price surge can be attributed to its well-structured tokenomics, strategic airdrops, and positive market sentiment. Moreover, analysts recognize the potential of IO, driven by its innovative integration with AI narratives and effective supply management mechanisms.
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