The post Binance to Delist SUI, HMSTR, BNT, CYBER, and AEUR on December 20 appeared first on Coinpedia Fintech News In a recent announcement , Binance revealed that it would be delisting several tokens from its platform’s spot trading pairs on December 20, 2024. The tokens to be delisted include SUI, HMSTR, BNT, CYBER, and AEUR. Following the news, the prices of these tokens have already begun to drop by almost 10%. Binance’s Announce To Delist Binance regularly reviews its listed tokens to ensure they meet the platform’s standards for liquidity and trading volume. If a token fails to meet these standards, it may be removed from the exchange. In this case, Binance has decided to delist the following spot trading pairs, BNT/ETH CYBER/TUSD EUR/AEUR HMSTR/BNB SUI/TUSD These changes will take effect on December 20, 2024, at 03:00 UTC. Despite the delisting of these pairs, Binance reassured users that the tokens would still be available for trading against other pairs on the platform. Token Prices Plunged Massively After Binance’s announcement, the prices of the affected tokens have already taken a hit. Meanwhile, Hamster Kombat (HMSTR) saw a sharp 9% drop in just 24 hours, trading at $0.0030 . Similarly, Sui (SUI) also saw a 6% decrease, followed by the Bancor (BNT) and Cyber (CYBER) experienced 6% and 7% drops, respectively. Anchored Coins (AEUR) also saw an 8% decrease in its value. These declines highlight how significant Binance’s influence is on the market. Binance Announcement for Users Binance also announced that Spot Trading Bots for the affected tokens will be discontinued after December 20, 2024. Users are advised to update or cancel their trading bots to avoid any potential losses. While this move is part of Binance’s standard process to maintain the quality of the platform, it has certainly caused a stir among investors.
Trump Patriot could turn early investors into multi-millionaires, like Shiba Inu (SHIB) and Dogecoin (DOGE) did. Trump Patriot (TRUMPPAT), a new Solana memecoin that was launched today, is set to explode over 19,000% in price in the coming days. This is because TRUMPPAT is set to soon be listed on numerous crypto exchanges, according to reports. This will give the Solana memecoin exposure to millions of additional investors, who will pour funds into the coin and drive its price up. Currently, Trump Patriot can only be purchased via Solana decentralized exchanges, like Jup.ag and Raydium.io, and early investors stand to make huge returns in the coming days. Early investors in SHIB and DOGE made astronomical returns, and Trump Patriot could become the next viral memecoin. Trump Patriot launched with over $9,000 of liquidity, giving it a unique advantage over the majority of other new memecoins, and early investors could make huge gains. How to Buy To buy Trump Patriot on Raydium.io or Jup.ag ahead of the CEX listings, users need to connect their Solflare, MetaMask or Phantom wallet, and swap Solana for Trump Patriot by entering its contract address – 9hmvtogFEjzZQMFfJ5Hiq7fQSq7E38mG3Qjb7X42qM6P – in the receiving field. If you don’t have one of these wallets already, you can create a new wallet in a few minutes and transfer some Solana to it (which will then be used to buy the memecoin), from an exchange like Coinbase, Binance and many others. In fact, early investors could make returns similar to those who invested in Shiba Inu (SHIB) and Dogecoin (DOGE) before these memecoins went viral and exploded in price. If this happens, a new wave of memecoin millionaires could be created in a matter of weeks – or potentially even sooner. The Solana memecoin craze continues amid larger memecoins, like Shiba Inu (SHIB), Dogecoin (DOGE) and DogWifHat (WIF) trading sideways in recent weeks and losing momentum. This is why many SHIB, DOGE and WIF investors are instead investing in new Solana memecoins, like TRUMPPAT. Such memecoins have no utility and no inherent value, but investors looking for high gains have been investing in them due to their potential to rapidly rise in price.
President Trump’s speech re-echoed his openness to engage in key crypto policy to position the U.S. as a global crypto powerhouse. U.S. Government Wants to Lead the Way on Bitcoin Donald Trump, incoming U.S. president delivered a goodwill speech at the crypto policy summit in Washington organized by the Blockchain Association. In his speech, Trump
The Artificial Superintelligence Alliance token offers a buying opportunity right now- will it outpace the altcoin market in 2025?
The Ether.Fi community has received a proposal to reward ETHFI stakers. The proposal, drafted by the Ether.Fi community admin, seeks to establish a revenue-sharing mechanism for ETHFI stakers. It proposes that 5% of the Ethereum-based staking platform’s revenue be allocated to buying ETHFI tokens monthly and distributed to ETHFI stakers. “This proposal builds upon the success of Ether.Fi ’s buyback and liquidity provision (LP) program by introducing a new revenue-sharing mechanism for ETHFI stakers,” wrote the Ether.Fi admin. “The initiative aims to enhance the utility of ETHFI, strengthen its market, and align user incentives with the growth of the Ether.Fi ecosystem” To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io
The market intelligence platform IntoTheBlock has revealed how Ethereum has built up strong on-chain demand zones that should keep it afloat above $4,000. Ethereum Has Two Major Support Centers Just Below Current Price In a new post on X, IntoTheBlock has discussed about how the on-chain demand zones for Ethereum are looking right now. Below is the chart shared by the analytics firm that shows the amount of supply that the investors bought at the price ranges near the current spot ETH value. As is visible in the graph, the Ethereum price ranges up ahead have only small dots associated to them, meaning not much of the supply was last purchased at those levels. It’s different for the price ranges below, however, with the $3,772 to $3,892 and $3,892 to $4,011 ranges in particular hosting the cost basis of a significant amount of addresses. In total, the investors purchased 7.2 million ETH (worth almost $28.4 billion at the current exchange rate) at these levels. Related Reading: Solana Struggles Against Bitcoin & Ethereum: Glassnode Explains Why Demand zones are considered important in on-chain analysis due to how investor psychology tends to work out. For any holder, their cost basis is an important level, so they can be more likely to make a move when a retest of it occurs. When this retest occurs from above (that is, the investor was in profit prior to it), the holder might decide to purchase more, thinking that the level would be profitable again in the near future. Similarly, investors who were in loss just before the retest might fear another decline, so they may sell at their break-even. Naturally, these effects don’t matter for the market when only a few investors participate in the buying and selling, but visible fluctuations can appear when a large amount of holders are involved. The aforementioned price ranges satisfy this condition, so it’s possible that Ethereum retesting them would produce a sizeable buying reaction in the market, which would end up providing support to the cryptocurrency. During the past day, Ethereum has seen a slight dip into this region, so it now remains to be seen whether the high demand can push back the coin above $4,000 or not. Related Reading: Bitcoin Top Here? What Historical HODLer Selloff Pattern Says In some other news, the Ethereum Exchange Netflow has been negative since the beginning of this month, as IntoTheBlock has pointed out in another X post. The Exchange Netflow is an on-chain indicator that keeps track of the net amount of Ethereum that’s flowing into or out of the wallets associated with centralized exchanges. “Over 400k ETH have flowed out since December 1st, suggesting a trend of accumulation,” notes the analytics firm. ETH Price At the time of writing, Ethereum is trading around $3,950, up 10% over the last week. Featured image from Dall-E, IntoTheBlock.com, chart from TradingView.com
Recent developments in Europe highlight a significant shift in crypto adoption, particularly as regulatory frameworks gain traction across the region. With compliant stablecoins becoming increasingly vital, the European market is
The post Analysts Claim That Ethereum (ETH), DTX Exchange (DTX) and Cardano (ADA) Can Hit Their ATHs This Year – This Is Why appeared first on Coinpedia Fintech News Excitement is rising around two popular altcoins as analysts estimate Ethereum (ETH) could surpass $5,000 and Cardano (ADA) might revert to its $3.10 all-time high soon. But a new crypto has surfaced while these top altcoins encounter resistance. DTX Exchange (DTX) is attracting clever investors looking for explosive returns with its unique trading platform and record-breaking 440% ROI. DTX is programmed to outperform Ethereum (ETH) and Cardano (ADA) in the present bull cycle. Discover why experts say DTX is the best crypto investment available this year by reading on. DTX Exchange (DTX): The All-in-One Trading Platform DTX Exchange is transforming the trading experience with its original hybrid approach, which neatly combines the best features of centralized and decentralized exchanges. Giving access to a broad range of assets—stocks, ETFs, FX, and over 100,000 currency pairs—DTX eliminates the need for traders to migrate between platforms, therefore providing a unified, strong solution for asset management. Equipped with graphs, charts, and advanced analytical instruments, traders may make smart decisions and gain on market swings across erratic markets including Forex and NASDAQ. DTX guarantees users outstanding performance, liquidity, and security with a certified testnet showing 100,000 TPS and the VulcanX blockchain allowing easy connection with conventional assets. Having already raised over $10.2 million in presale revenue, DTX offers an unmatched investment opportunity at the present pricing of $0.12 in its sixth presale round. DTX is drawing significant interest from whale investors as the platform gets ready for listings on Tier-1 exchanges including Uniswap, Binance, and Bybit—where analysts forecast a 500% value increase. With up to 1000x leverage, traders can increase their returns even more. Just a $100 position will grant access to $100,000 in liquidity. DTX Exchange is the best crypto investment for traders trying to optimize profits, consolidate assets, and keep ahead in the quick-paced financial markets as a whopping 300,000 wallet addresses/users are already onboard. Ethereum (ETH) Aims For $5,000 and Beyond With a 27% rise over the previous month and momentarily crossing the $4,000 mark, the Ethereum price has been on an amazing run. Although opposition at $4,000 has momentarily stalled the Ethereum price pace, analysts anticipate a rally to $5,000 by year-end and a possible comeback to its all-time high of $4,891 as early as next week. This Ethereum price prediction shows that an additional 20% gain for holders could happen before year-end. Ethereum’s (ETH) place as one of the top altcoins for long-term profits is firmly established by its strong fundamentals, institutional adoption, constant upgrades, and relentless community support. Looking ahead, a 2025 Ethereum price prediction points to the altcoin trading between $4,000 and $7,600. But as Ethereum (ETH) faces bearish pressure at $4,000, new and fast-rising tokens like DTX are taking the front stage. Within a few months, DTX has exceeded Ethereum’s (ETH) 80% yearly returns by delivering an amazing 440% ROI. Cardano (ADA) Surges 50% In a Month With a stunning 50% increase despite minor weekly consolidations between $1.19 and $0.90, the Cardano price has shown an amazing increase over the previous month. The Cardano price quickly rebounded after plunging to $0.93, climbing back over the $1 mark and preserving bullish momentum. Positive signals on the Cardano price chart from technical indicators including the MACD and Moving Averages are strengthening the altcoin’s optimistic view. Many analysts think Cardano (ADA) may soon go back to its all-time high (ATH) of $3.10 given strong community support and favorable chart patterns. Cardano (ADA) is one of the top altcoins to hold for investors hoping to profit in the long term. The Cardano price chart shows that a bullish breakout could be imminent. Though the sentiment toward Cardano (ADA) is bullish, the token’s $37 billion market capitalization might restrict the rate of exponential price surges. Here is where DTX offers a pleasing substitute. Particularly for early-stage investors, DTX presents a far better potential for exponential returns having a far smaller market capitalization of around $57 million. DTX Exchange Could Outshine Ethereum and Cardano While Ethereum (ETH) and Cardano (ADA) still thrill investors with the possibility of recovering their all-time highs before year-end, DTX Exchange (DTX) is offering an amazing 440% ROI in just a few months. For those prepared to ride the next great crypto wave, DTX has better chances for exponential gains compared to Ethereum (ETH) and Cardano (ADA). With its presale price of just $0.12, forthcoming Tier-1 exchange listings, and the promise of up to 500% returns upon launch, the window for joining the DTX presale is already closing as the token sells out fast. Learn more: Best Presale Visit DTX Website Join The DTX Community
A Kaiko and Bitvavo report highlighted the growth of crypto in Europe as regulatory frameworks emerged in the region.
So you just remembered you bought some Bitcoin when it was still valued at $30 a piece and now, with the price currently floating above $100,000, it feels like the time is right to cash out! But how can you go about doing so? There are many ways to cash out crypto to fiat because there are many reasons why someone might want to do so. If you’re a crypto trader, you might be tempted to cash out to realize your financial gains. Alternatively, if you’ve kept some crypto for a rainy day and need to use those funds to meet your financial obligations, it might make sense to exchange some of them for “real” money. Or if you’re an investor, you may just want to rebalance your portfolio by selling some crypto to put those funds in another asset. Whatever the case, there are many different ways we can convert crypto fiat, with some of the most common being cryptocurrency exchanges, crypto on- and off-ramps, peer-to-peer platforms, crypto credit, and debit cards, and even crypto ATMs. Crypto Exchanges Crypto-to-fiat exchanges such as Binance , Coinbase , Kraken , Kucoin , and Gate.io , to name just a few, are essentially marketplaces through which anyone can buy hundreds of different cryptocurrencies at the click of a button. They’re one of the main onboarding methods for crypto users, and they’re widely used by traders hoping to profit from the volatility of digital assets. With them, you can deposit fiat using various payment methods, and use those funds to buy and sell crypto to your heart’s content. Exchanges also offer users the chance to cash out at any moment, and they support a variety of payout methods, such as withdrawing it to a bank account or putting it on a card that can be used in real world stores. With exchanges, most users just send the fiat directly to their bank accounts, but beware that many of these platforms can be slow and expensive. Transfer times can range from a few minutes to hours to even days, depending on the kind of asset you’re trying to cash out of. They also charge expensive fees for cash withdrawals. It’s also necessary to point out that most crypto exchanges are centralized, which means giving up custody of your crypto while it’s deposited in their wallets. Crypto On-Ramps and Off-Ramps As an alternative, one of the most popular methods for cashing out crypto (and buying in) are crypto on- and off-ramps. Examples include Ramp Network , which offers a dedicated mobile app for exchanging crypto to fiat and vice versa, and also integrates its services directly with hundreds of other decentralized Web3 applications. The advantages of using a service like Ramp Network are speed, simplicity, and security. Users only have to sign up once and pass KYC once, and after that, they’ll be able to use its platform to cash out their crypto from any compatible dApp. It supports a wide range of digital tokens, not to mention multiple deposit and payout methods. For instance, users have the choice to cash out their crypto to fiat and send the funds directly to their bank, credit card, or an app like Google Pay or Apple Pay. What’s more, some payout options are almost instantaneous, with the funds appearing in the user’s bank account within just a couple of minutes at the most. Users can send their crypto directly from their wallet using Ramp Network, or if they have their coins in a dApp, they can immediately cash out directly from that dApp, using Ramp Network’s payout services, making for an extremely convenient experience. The experience is non-custodial, meaning Ramp Network never holds the user’s tokens or fiat currency, increasing security. Peer-to-Peer Services Another intriguing option, especially useful for those who want to remain anonymous, is peer-to-peer services such as Paxful , LocalCoinSwap , and HodlHodl . Using these services, it’s possible to connect directly with other individuals who want to buy and sell crypto, meaning you can cash out without any kind of intermediary involved. For instance, on LocalCoinSwap, you can just browse through a list of users who are advertising the rate at which they’ll buy Bitcoin, ETH, USDC, or another kind of crypto. After choosing a merchant, you simply enter the amount of crypto you want to sell, then once the other party agrees, the coins will be deposited into a kind of escrow smart contract. The buyer will then send the fiat directly to your bank account, at which point you then release the tokens to them. Alternatively, you can even arrange to meet up and perform the transaction face-to-face, in public. There are a lot of upsides to peer-to-peer services, but the downside is that most buyers charge considerable fees, so you’ll typically lose 3% to 4% of the value of your crypto. There are also a lot of fraudsters who will attempt to scam unwitting users. So be sure to exercise caution and carefully vet any counterparty you intend to trade with. Crypto ATMs These are physical terminals that allow you to deposit crypto, and withdraw fiat currency in exchange. They bridge the gap between the worlds of digital and traditional money and can help make cashing out much more straightforward. Crypto ATMs operate somewhat similarly to traditional ATMs, and they also allow users to purchase crypto. You simply enter your wallet’s private key or use it to scan a QR code, to initiate a transaction. These ATMs are popular because they can support offline transactions, and they can be found in shopping malls, convenience stores, and airports. Some of the top crypto ATM providers include Coinme and Bitcoin Depot . Benefits include convenience and 24-hour availability, but most crypto ATMs only offer a limited selection of cryptocurrencies, so it’s harder to cash out more obscure tokens using them. They also come with high fees, and they can be difficult to find in many countries. OTC Trading Also known as over-the-counter or pink sheet trading, this refers to a method of trading crypto that bypasses public exchanges and occurs between two individuals. It’s possible to exchange large amounts of crypto for fiat in this way, and such services are generally designed to cater to large institutions, high-net-worth individuals, and “crypto whales”. Advantages include a high level of discretion, the ability to buy and sell large amounts of crypto without having an impact on prices and trade volumes, and customizable traders. However, such services come with higher fees and less transparency compared to trading on an exchange. In addition, OTC services are generally not available to those looking to withdraw smaller amounts of crypto. Crypto Brokers These are platforms that make it possible to buy and sell digital money using fiat currencies such as dollars, euros, and pounds. They provide simpler interfaces compared to many crypto exchanges and support rapid transaction processing when trading one crypto for another. They also offer high security for users. However, the limitations of brokers include a narrow range of supported assets, less control, fewer trading tools, and more expensive fees. In addition, crypto brokers can be susceptible to fraud and hacks, and the transfer times of crypto withdrawals can be very slow, sometimes taking several days to process. Crypto Debit Cards These offer a way to spend crypto in the real world, rather than cashing out directly, but they can be useful for those who need to use their digital money to make certain kinds of purchases. For instance, if you need to buy some groceries, you’ll be able to do so and pay with crypto at any store that supports your crypto credit card. Some of the most popular crypto debit cards include Venmo , Gemini , Crypto.com , and Coinbase , and they allow users to spend the crypto they hold in their exchange accounts at hundreds of different stores that accept Mastercard or VISA payments. The way they work is that the card is linked to your crypto exchange account, so you’ll need to make sure you have enough funds to cover you transaction, or else it will be rejected. Whenever the user pays with their card, the crypto in their account is automatically converted to fiat at the current rate, and the funds are exchanged instantly. It’s one of the fastest ways to cash out crypto, but such cards often charge expensive fees, they may have transaction limits, and they don’t allow users to actually withdraw the cash into their hands. The Bottom Line These days the crypto industry has matured, and there are dozens of ways for people to convert their digital assets into fiat, and many of them will allow you to do so in a hurry. Crypto off-ramps are fast becoming one of the popular choices due to their all-around strengths and convenience, as they eliminate the complexity of going through an exchange of peer-to-peer service. That said, users should always consider the benefits and limitations of any crypto cash-out method to decide which one is appropriate for their needs. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.