Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
Trading Pairs
Binance to Soon Delist all FXT Leveraged Tokens
Binance, one of the most popular crypto exchange networks, recently announced a possible delisting of all FXT leverage tokens, including their pairs. The FXT leverage tokens are just a recent addition in Binance, but now Binance, citing complexity, decided to remove the token. The delisting of the FXT leverage tokens will start precisely on 31st March at 10:00 a.m. All users got the freedom to trade out their tokens 2 hours before this announcement. The platform will refund all holders…
5 years ago
87 Crypto Pairs Facing Bitfinex Axe Due to Low Liquidity Levels
87 crypto pairs trading on the Bitfinex exchange are staring at the chop. The exchange outlined plans to delist them owing to their low liquidity levels. The move is effective March 26, 10:00 AM UTC Optimizing Trading Experiences According to Bitfinex, the decision was informed by the need to consolidate and improve the exchange's liquidity. Additionally, the move will streamline and optimize trading experiences for its customers. The firm holds that it took the decision after tracking the affected pairs…
5 years ago
Bitfinex to Delist 46 Cryptocurrency Trading Pairs on March 6
Bitfinex, the 11th largest cryptocurrency exchange based on daily trading volume, is set to delist 46 crypto trading pairs. According to a blog post published on March 2, these trading pairs have been experiencing low liquidity on the platform hence will face removal on March 6, 2020. Delisting Will Improve Liquidity on Bitfinex Bitfinex says removing trading pairs is a common way to increase liquidity in the stock market. It will also result in an optimized and efficient shopping experience…
5 years ago