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Binance, the world's largest cryptocurrency exchange, has delisted Monero. X crypto traders are furious over withdrawal availability. Untraceable blockchain faces a survival dilemma amid legal scrutiny. Binance's bold move to remove four cryptocurrencies, first announced on January 6, 2024, sent ripples through the cryptocurrency world. About two weeks after the surprising cleanup move by Binance, veteran privacy coin Monero (XMR) has been completely removed from the platform's trading services. When the plan was made public, the popular privacy coin fell 33% within hours, but the developments did not impact Monero's price in the way most crypto traders expected, as the…

Researchers use AI to analyze emoji sentiment in the crypto market, providing insights into market dynamics and suggesting incorporating it into trading strategies to avoid market downturns. In a research paper titled “Emoji-driven Cryptocurrency Market Reaction,” an international team of researchers highlighted the important role that emojis play in influencing the cryptocurrency market. The study, led by Xiaorui Zuo from Fudan University in China, Yao-Tsung Chen from National Yangming Jiaotong University in Taiwan, and Wolfgang Karl Härdle from Germany's Humboldt University, looked at the relationship between emoji sentiment and key market indicators such as BTC. We are investigating the correlation.…

(Bloomberg) — Bitcoin has become easier to trade on U.S. crypto exchanges compared to foreign platforms, but that’s due to the impact of new exchange-traded funds (ETFs) on the nation’s largest digital asset. This is due to changes inU.S. trading venues have, on average, accounted for almost half of the buys and sells within 2% of Bitcoin's midpoint so far this year, according to data from research firm Kaiko, during which time U.S. spot ETFs It's past the start-up period. Based on this metric, non-US platforms accounted for the largest share of the Bitcoin market depth in 2023. Increasing the…

London CNN — Bitcoin is back with a $1 trillion rally. The value of the world's most popular cryptocurrency has more than tripled since November 2022 to $52,000. The year was marked by the high-profile collapse of cryptocurrency exchange FTX, which triggered a liquidity crisis for several smaller crypto companies. Bitcoin's 2023 rally has seen investors return in droves in recent weeks, pushing Bitcoin's market capitalization above $1 trillion for the first time since its heyday in 2021, according to data from CoinMarketCap. In contrast to traditional currencies, Bitcoin's supply is limited and is expected to peak in 2140, according…

Monero (XMR) is one of the world's first privacy coins. This unique cryptocurrency has pioneered multiple technologies to accomplish this important task. Today, privacy is more important than ever. As a result, Monero is also one of the most popular cryptocurrencies on the planet.What is Monero?Monero is the crypto market's answer to Bitcoin's lack of privacy. For a long time, people believed that Bitcoin transactions were anonymous. By now, most people understand that this is not the case. In fact, there are many tools and services available to uncover who is behind a particular Bitcoin transaction.Monero takes a different approach…

Monero was officially delisted from top trading platform Binance on Tuesday, February 20th. The decision, first announced on February 10, marks the end of XMR's use on the world's leading trading platforms. The delisting comes at a turbulent time for Binance, which is focused on gaining support from regulators around the world. The exchange's former CEO, Changpeng Chao, is under investigation by the United States and subject to travel restrictions, despite residing in the UAE. This coin has been on Binance's kill list for some time. Back in 2023, the exchange announced that it would delist XMR and other privacy…

As European Central Bank President Christine Lagarde has repeatedly emphasized in recent speeches, rising wages are currently the ECB's biggest concern. Wage growth is expected to slow significantly through 2024 on the back of slowing inflation and worsening economic conditions, but the decline in negotiated wage growth in the fourth quarter from 4.7% to 4.5% is a negative for Frankfurt. It must be a relief. Admittedly, this is only a small decline, but it is broadly consistent with expectations that negotiated wage increases will continue to trend downward through 2024. This is echoed by the European Central Bank's (ECB) own…

As previously announced and reported by Finbold, on February 20th, Binance completed the delisting of Monero (XMR). The day before the delisting was a chaotic one for major privacy coins. Interestingly, Binance customers reported that the centralized exchange suddenly stopped Monero withdrawals on February 19th, raising concerns about the company's motives.print screen share X (formerly Twitter) showed a valid deposit system for XMR and a suspension warning. “Monero (XMR): Withdrawals suspended. Hot wallet balance is low” In this regard, the pseudonym privacy enthusiast and commentator Untraceable He questioned Binance's operations and motives. He pointed out that exchanges need to make…

Unlock Editor's Digest for freeFT editor Roula Khalaf has chosen her favorite stories in this weekly newsletter.Wage growth across the euro zone slowed for the first time in 18 months, but economists said the decline was not enough to allay rate-setters' concerns about high inflation.The annual collective bargaining wage increase for workers in the region rose by 4.5% in the last three months of 2023, compared with 4.7% in the previous quarter, according to data released by the European Central Bank on Tuesday. This is the first slowdown since the second quarter of 2022, as ECB policymakers need clear evidence…

We do the research so you can get the alpha!Get exclusive reports and access key insights on airdrops, NFTs, and more! Subscribe to Alpha Report now and get ahead of the game!Go to alpha reportMonero was officially delisted from top trading platform Binance on Tuesday, February 20th.The decision, first announced on February 10, marks the end of XMR's use on the world's leading trading platforms.The delisting comes at a turbulent time for Binance, which is focused on gaining support from regulators around the world. The exchange's former CEO, Changpeng Chao, is under investigation by the United States and subject to…