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Wednesday, July 3, 2024

Binance Start Delisting Crypto Pair

Binance, the world's largest cryptocurrency exchange, has announced a major update to its offerings. The platform intends to delist several crypto trading pairs, including those involving prominent cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH), as well as lesser-known tokens such as AI, CHR, GAS, and LQTY. 

This unexpected decision has raised concerns among investors and traders, who are now speculating about the potential impact on cryptocurrency prices and overall market sentiment.



Central Bank of Bahamas CBDC Integrations

To promote the adoption of its central bank digital currency (CBDC), the "Sand Dollar," the Bahamas has set a two-year timeline to integrate it into commercial bank operations. John Rolle, the Governor of the Central Bank of The Bahamas, announced plans to establish the necessary regulations and ensure that all commercial banks provide access to the CBDC for their clients. 

This initiative aims to enhance the usability and accessibility of the Sand Dollar, encouraging broader use among the Bahamian population.



Tuesday, July 2, 2024

XRP Whales Start Making Their Moves

XRP whales have recently moved 230 million coins amid the ongoing Ripple vs. SEC lawsuit, with fines potentially totaling $2 billion. On-chain data indicates these transactions include both sales and transfers between wallets over the past day, sparking speculation about XRP's future price.

According to Whale Alert on X, whales collectively moved 230.93 million XRP, worth $109.21 million. One whale sold 30.93 million coins on Bitstamp, while another transferred 200 million coins to an unknown wallet. Whale …Rzn executed the sale, and whale rP4X2hTa7A transferred the 200 million coins to rJqiMb94hy, resulting in mixed market sentiments.



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