Binance is shaking things up! They've been busy bees, making some pretty exciting changes on their platform while big fish in the crypto sea are making waves by selling off a boatload of ADA tokens.
Here's the scoop:
Binance has gone all out by adding the XUSD to its lineup, and they've introduced some spicy new perpetual contracts like BMT/USDT and MUBARAK/USDT. But, as with all good things, some old favorites are getting the boot from margin trading. So, if you were a fan of pairs like ALPHA/BTC or CTXC/BTC, it's time to say your goodbyes.
Meanwhile, the big players in the crypto world are shaking things up by unloading over $70M in ADA tokens. This move has turned up the heat on selling pressure. But hey, there's a silver lining! If a spot ADA ETF gets the green light, we might just see a thrilling reversal.
On the Shiba Inu front, the former head honcho, Shytoshi Kusama, has been keeping a low profile on X. But don't fret! The insiders are whispering sweet nothings, reassuring us that they're all in on their new ambassadorial gig.
And while Binance hasn't spilled the beans on whether they'll back Pi Network’s native token, they've been busy fine-tuning their platform. They recently announced the listing of the stablecoin StraitsX USD (XUSD), which had a wild ride, soaring nearly to $1.80 before settling back down.
In a twist, Binance also rolled out BMT/USDT and MUBARAK/USDT perpetual contracts with up to 25x leverage. The buzz around these assets sent their prices sky-high. But, like any good drama, there's a plot twist. Binance is also pulling the plug on some margin trading pairs, set to disappear by March 25.
Now, let's talk Cardano. It’s been a bit of a rollercoaster ride lately, with whales dumping over 100 million ADA tokens, causing a potential dip. But don't count it out just yet! A market comeback or a spot ADA ETF approval could flip the script entirely.
As for Shiba Inu, its former lead developer, Shytoshi Kusama, has been MIA on X. But LUCIE, Shibarium’s marketing strategist, says there's no reason to panic. Kusama is busy being a top-tier ambassador, and who knows? We might just see some “groundbreaking” announcements when they decide to break their silence.
Stay tuned, because in the world of crypto, the only constant is change!
