Author: News Room
Solana’s SOL has surged to a new all-time high of 0.05797 against Ethereum, according to Tradingview data.This price performance follows its recent surge above the $200 mark for the first time since November 2021, coinciding with the blockchain record-breaking network activity.The price uptick has propelled Solana’s market capitalization to an unprecedented high of more than $91 billion, cementing its position as the fourth-largest digital asset by market cap.As of press time, Solana was trading for $207, according to CryptoSlate’s data.Solana DEX volumeSolana’s surge in value finds its roots in robust network activity, driven notably by the prevailing memecoin fervor.DeFillama data…
Binance, one of the world’s leading cryptocurrency exchanges, announced that it will offer several new trading pairs and trading bot services, effective March 21, 2024, in order to expand trading options and offer a richer trading experience to its users. Binance Spot Introduces New Trading Pairs and Bot Services to Improve User Experience Binance will begin trading the following pairs starting at 11:00 AM on March 21: AAVE/TRY, ARKM/FDUSD, CRV/TRY, FET/BRL, RAY/FDUSD and RNDR/EUR. This expansion aims to offer users greater flexibility and access to a variety of trading options on the Binance Spot platform. Additionally, Binance will also introduce…
Binance, one of the world’s leading cryptocurrency exchanges, announced its decision to remove three tokens from its platform as of April 3, 2024. The tokens affected by this decision are DREP (DREP), Mobilecoin (MOB) and pNetwork (PNT). Binance Announces Delisting of DREP, MOB, and PNT Tokens The decision to delist these tokens stems from Binance’s commitment to maintaining high standards and adapting to evolving market dynamics. As part of its periodic review process, the exchange considers various factors such as project team commitment, development activity, transaction volume, network stability, regulatory compliance, and contribution to a healthy crypto ecosystem. All trading…
Data shows XRP trades for $74 on the Atlantis exchange, where XRP recently secured a listing, but the legitimacy of the platform has become a subject of discussion. Since slumping beneath $1 in December 2021, XRP has maintained a position below that mark. With market analysts predicting imminent price surges above $1 and possibly to a two-digit price, investors have indeed witnessed this phenomenon, albeit not in the expected fashion. Interestingly, XRP has been recording prices way above its actual trading value on a centralized exchange known as Atlantis. This development came up shortly after the cryptocurrency exchange, which claims…
Solana-based decentralized exchanges have been busier than their Ethereum counterparts over the past seven days. The meme coin frenzy seems to have catalyzed higher volumes on Solana. Solana also boasts of higher capital efficiency than Ethereum and other chains, according to one research firm. Solana has replaced Ethereum as the No. 1 smart-contract blockchain by trading volume. Trading volume in Solana-based decentralized exchanges (DEX) has increased 67% to $21.3 billion in seven days, data tracked by DeFiLlama show. Volume in Ethereum-based decentralized exchanges rose 3% to $19.4 billion over the same period. There are 17 DEXes on Solana. Orca, the…
Binance, a leading cryptocurrency exchange, announced that it plans to suspend deposits and withdrawals of AR tokens starting approximately March 26, 2024 at 16:00, in order to support the upcoming network upgrade and Hard Fork of the Arweave (AR) network. Binance Prepares for Arweave (AR) Network Upgrade and Hard Fork The network upgrade and hard fork is estimated to occur around 17:00 on March 26, 2024, at block height 1,391,330. With its decision to temporarily suspend AR token deposits and withdrawals, Binance aims to facilitate a smooth transition for users during this critical period. Despite the suspension of deposits and…
MeaWallet, a known figure in digital payments facilitation specializing in card tokenization, has unveiled its latest innovation: the global Mea Card Gateway. This platform is designed to ensure the secure transmission of sensitive payment card data, serving as a crucial intermediary between MeaWallet customers, payment processors, and service providers. Targeted at a diverse array of entities including issuers, fintechs, online merchants, financial institutions, and payment service providers, the Mea Card Gateway addresses the critical challenge of securely managing payment card data without necessitating customers to achieve and maintain PCI DSS compliance themselves. By establishing a seamless and secure connection, simplifies…
Goerli testnet shutting down post-Dencun upgrade, urging migration to Sepolia or Holesky. Validators on Goerli being deactivated, impacting network stability and testing. Developers advised to use Sepolia for app testing; Holesky for protocol-level testing. The Goerli testnet, a crucial environment for Ethereum development, is approaching its final days following the recent Dencun network upgrade on Ethereum’s mainnet. Originally expected to remain active for about a month post-Dencun, the network’s validators have been progressively shutting down over the past few weeks. Top DeFi protocol on the BNB chain, Thena, has added $FLOKI to its pool, allowing FLOKI holders to provide liquidity…
According to breaking information, the SEC decided to postpone the application of Hashdex, one of the Ethereum Spot ETF applicant companies. The Nasdaq exchange filed with the SEC to list the Hashdex Nasdaq Ethereum ETF in September. The fund is managed and controlled by Toroso Investments, which is registered as a commodity pool operator with the Commodity Futures Trading Commission and is a member of the National Futures Association. “The fund will hold a mix of Spot Ether, Ether Futures Contracts and cash, rather than holding 100% spot Ethereum, which could make it more susceptible to price manipulation in the…
Bloomberg analyst James Seyffart believes a spot ether exchange-traded fund won’t get approved in May. Seyffart and his colleague had previously seen a 35% chance that one or more of the issuers will receive a green light. Odds that spot ether ETFs will get approved in May have gotten slimmer, according to a Bloomberg ETF analyst who cited U.S. regulators’ seeming lack of engagement with potential issuers over the products. “We now believe these will ultimately be denied on May 23rd for this round,” Bloomberg Intelligence ETF analyst James Seyffart wrote in a post on X on Tuesday. Seyffart and…