ššø Binance to Discontinue DYDX ERC-20 Deposits and Withdrawals Starting February 12, 2025 š„š
Binance, one of the largest cryptocurrency exchanges worldwide, has announced that it will discontinue support for deposits and withdrawals of $DYDX tokens on the Ethereum (ERC-20) network starting February 12, 2025, at 11:00 AM (UTC). This decision is part of Binance's efforts to delist DYDX due to regulatory compliance concerns. Although DYDX trading on Binance will remain available for the time being, users will no longer be able to transfer these tokens via the ERC-20 network. The exchange recommends that holders move their DYDX tokens to external wallets or other platforms before the deadline to ensure uninterrupted access to their assets. This announcement has already affected DYDXās market performance, leading to a noticeable drop in its value. The suspension is indefinite, with Binance stating that support will resume only once the token meets regulatory standards. The move highlights Binanceās dedication to adhering to global regulatory requirements. While the immediate impact on DYDX is clear, its long-term effects will depend on how quickly the compliance issues are resolved. Binance advises users to take proactive measures to safeguard their holdings during this transition.
Every day I wake up and see people who, when the BTC drops a little, start to alarm everyone, they release 3 thousand analyses saying that it will reach 20 thousand; then, it goes up a little and they release 3 thousand more analyses saying that it will reach 120 thousand, the truth is that nobody is able to really predict where the price will move, much less how far it will go and really the most sensible thing is to hold or accumulate but not panic and sell if not until we reach the objective
The situation is somewhat murky, some say that altcoins go up, others say they go down, that if BTC goes up to 100k, others say that it goes down to 50 and the really true thing is that we are at a point of uncertainty in which speculation is at its peak and no one knows. What is going to happen
The whales have already shaken the market, they have cleared the futures positions, the time to overcome emotions is now, the time has come to buy with conscience, leverage with a good loss margin, buy in Spot, the world situations are tough but with soft feelings no We will go nowhere, it's time to think with a cool head, good face in bad weather