Hold on to your hats, folks, because the crypto world is buzzing with news! Binance is shaking things up with a series of updates, and big players in the market have been offloading ADA tokens like there's no tomorrow.
First up, Binance has been busy making some intriguing changes. They've rolled out the stablecoin StraitsX USD (XUSD) and introduced some exciting new perpetual contracts, like BMT/USDT and MUBARAK/USDT, that promise up to 25x leverage. These moves have sent the prices of these assets soaring. However, it's not all additions; Binance is also giving the boot to several margin trading pairs by March 25, so keep an eye on those changes.
In the land of Cardano, things are getting a bit dramatic. Whales have dumped over $70 million in ADA, putting some pressure on the market. This selling spree could spell trouble unless something big, like the approval of a spot ADA ETF in the US, turns the tide. It's a classic case of will it sink or will it swim?
Meanwhile, in the meme coin universe, Shiba Inu's former lead developer, Shytoshi Kusama, has been keeping a low profile on X. But fear not! According to Shibarium's marketing guru, LUCIE, everything is under control. Kusama is busy in their new ambassadorial role, and some insiders are speculating about potential “groundbreaking” partnerships that could be announced once they resurface.
Stay tuned, crypto enthusiasts, because the world of digital currencies is as dynamic and unpredictable as ever. Who knows what tomorrow might bring?
