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Just-In: Binance Delists Key Spot Pairs for Uniswap, Optimism, & Other Crypto

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The world’s largest crypto exchange Binance on Friday said it is delisting some crypto trading pairs from Binance Spot. Binance is delisting some key cryptocurrencies including Uniswap (UNI), Optimism (OP), and BakeryToken (BAKE). Users will not be able to trade these cryptos in some trading pairs, impacting the price momentum.

The crypto exchange usually delists spot and margin trading pairs due to multiple factors, such as poor liquidity and trading volume or lack of demand for some pairs.

Binance Announces Delisting Of Key Spot Trading Pairs
Crypto exchange Binance in an official announcement on April 10 revealed 6 crypto spot trading pairs to be listed from the platform. The exchange said the move is part of its periodic reviews of all listed spot trading pairs it conducts to protect users and maintain a high-quality trading market.

Binance will remove and cease trading on the spot trading pairs — BAKE/BNB, ID/TUSD, MBOX/BNB, OP/TUSD, RDNT/TUSD, and UNI/BNB.

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The abovementioned spot trading pairs will not be available for users to trade from 03:00 UTC on April 12. However, users can still trade these crypto available in other spot trading pairs on the crypto exchange.

In addition, Binance will also cease support of these spot trading pairs on bots services. Users are recommended to update or cancel their spot trading bots before the deadline to avoid any potential losses.

Price Performance of Delisted Crypto
Uniswap (UNI) price fell over 1% in the past 24 hours, with the price currently trading at $11.10. Furthermore, the trading volume has decreased by 5% in the last 24 hours, indicating a decline in interest.

Meanwhile, Optimism (OP) and BakerySwap (BAKE) also fell 6% and 4% in the last 24 hours, respectively. Trading volumes on both tokens have taken a hit after Binance’s announcement.

Space ID, MOBOX, and Radiant Capital prices also fell significantly in the 24 hours, with the downfall continuing in the last few hours.

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Source: coingape.com

The post Just-In: Binance Delists Key Spot Pairs for Uniswap, Optimism, & Other Crypto appeared first on HIPTHER Alerts.

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Blocks & Headlines: Today in Blockchain – January 28, 2025 (EVIANCX, Abstract, Venice, KPMG, Hashgraph Group)

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Blockchain technology and cryptocurrency continue to redefine industries worldwide, driving innovation and creating new opportunities. In today’s edition of “Blocks & Headlines,” we explore major developments across the blockchain space, highlighting new projects, partnerships, and emerging trends.


Blockchain as a Catalyst for Innovation

The blockchain industry’s transformative potential was the focus of a recent report detailing how decentralized technologies are driving innovation in finance, healthcare, and supply chain management. Blockchain’s transparency and immutability are key factors enabling its adoption across diverse sectors.

In particular, the report noted the technology’s ability to enhance trust and efficiency in processes, reducing costs while improving security.

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Analysis: Blockchain’s role as a catalyst for innovation is becoming more evident as industries beyond finance embrace its capabilities. The growing interest underscores the need for continued research and development to unlock its full potential.

Source: Cape Gazette


EVIANCX Enhances Cryptocurrency Usage in Latin America

EVIANCX, a leading blockchain platform, has announced new initiatives aimed at increasing cryptocurrency adoption in Latin America. The company is rolling out solutions to address challenges such as accessibility and education, targeting both businesses and individual users.

By simplifying blockchain technology and expanding infrastructure, EVIANCX seeks to empower communities and drive financial inclusion across the region.

Analysis: Latin America’s growing interest in cryptocurrency is fueled by its potential to address issues such as inflation and limited access to traditional banking services. EVIANCX’s initiatives could significantly enhance the region’s blockchain ecosystem.

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Source: GlobeNewswire


Abstract: A Consumer Blockchain for the Masses

The launch of Abstract, a highly anticipated consumer-focused blockchain, marks a significant step toward making cryptocurrency more accessible. Abstract aims to simplify blockchain use cases, offering tools and applications designed for everyday users.

By prioritizing user experience and scalability, Abstract is positioning itself as a gateway for mainstream adoption of blockchain technology.

Analysis: Abstract’s approach to consumer-centric blockchain solutions highlights the industry’s shift toward usability and mass appeal. Simplifying complex systems is crucial for bridging the gap between blockchain enthusiasts and the general public.

Source: PR Newswire

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Venice Launches VVV Token to Bridge Blockchain and AI

Venice, a pioneering blockchain project, has unveiled the VVV Token, designed to integrate blockchain with artificial intelligence. The token facilitates data exchange between AI systems and decentralized networks, promising advancements in predictive analytics, automation, and decision-making.

The initiative also includes partnerships with tech companies focused on AI and machine learning, ensuring robust support for the token’s ecosystem.

Analysis: Venice’s innovative fusion of blockchain and AI represents a significant trend in tech convergence. By combining these technologies, the project aims to unlock new possibilities for intelligent, decentralized systems.

Source: CoinSpeaker


KPMG India Partners with Hashgraph Group to Drive Blockchain Adoption

KPMG in India has teamed up with the Hashgraph Group to promote enterprise adoption of Hedera’s distributed ledger technology (DLT). The partnership will focus on delivering blockchain solutions tailored to industries such as finance, healthcare, and supply chain management.

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This collaboration aims to leverage Hedera’s high-performance DLT to address scalability and efficiency challenges faced by enterprises.

Analysis: Partnerships like this highlight the growing interest in enterprise-grade blockchain solutions. By collaborating with established firms, blockchain projects can accelerate adoption and address real-world business needs.

Source: PR Newswire


Key Trends and Insights

  1. Consumer-Centric Blockchain: The launch of Abstract underscores the importance of user-friendly solutions in driving mainstream adoption of blockchain technology.
  2. Blockchain-AI Convergence: Projects like Venice’s VVV Token highlight the potential of integrating blockchain with artificial intelligence to create smarter, more efficient systems.
  3. Regional Focus: EVIANCX’s initiatives in Latin America demonstrate the growing importance of localized blockchain solutions that address specific regional challenges.
  4. Enterprise Collaboration: Partnerships such as KPMG India’s collaboration with Hashgraph Group emphasize the role of established enterprises in accelerating blockchain adoption.
  5. Broader Adoption: Blockchain’s application across industries continues to expand, showcasing its versatility and potential to drive innovation beyond cryptocurrency.

The post Blocks & Headlines: Today in Blockchain – January 28, 2025 (EVIANCX, Abstract, Venice, KPMG, Hashgraph Group) appeared first on News, Events, Advertising Options.

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Bybit Brings Gold and Forex Trading to the Forefront with Exclusive Copy Trading Fiesta

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Bybit Fintech FZE

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Bybit Web3 Launches Telegram Mini Wallet to Simplify Wallet Creation for Web2 Users

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