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Binance, the world's leading cryptocurrency exchange, has announced the delisting of four digital currencies, including Monero (XMR), Multichain (MULTI), VAI (VAI), and Aragon (ANT). The decision to remove these tokens from the platform is made as part of Binance's regular review process.According to the latest announcement, the delisting process is scheduled to take effect on February 20, 2024 at 3:00 a.m. UTC. Along with this, all trading pairs associated with these tokens including ANT/BTC, ANT/USDT, MULTI/USDT, USDT/VAI, XMR/BNB, XMR/BTC, XMR/ETH, XMR/USDT It will no longer be available. For trading. Additionally, deposits of these tokens will no longer be credited to…

Monero (XMR) fell about 30% on Tuesday, hitting a 20-month low after crypto exchange Binance announced it would stop listing its privacy tokens effective February 20.Monero and the three other tokens to be delisted (Aragon (ANT), Multichain (MULTI), and Vai (VAI)) no longer meet the standards expected by Binance, the exchange said in a blog post.“If a coin or token no longer meets these standards, or if the industry changes, we will conduct a more detailed review and may result in delisting,” Binance said in a statement.Privacy coins are cryptocurrencies that maintain anonymity by masking the flow of money on…

The cryptocurrency market has been range-bound since the Bitcoin ETF was approved. The main reason for the difficulty in rising is economic indicators that are dampening investor sentiment. In the same case, a Bloomberg report highlights liquidity issues that have recently been at the top of investors' concerns, suggesting that the year ahead could be very volatile. However, there are some positive signs for the market, and sentiment remains mixed.JP Morgan hints at a volatile year aheadBloomberg earlier reported that volatile markets are expected to pose the biggest daily challenge for the second year in a row, according to JPMorgan's…

Major cryptocurrency exchange Binance recently announced that it will delist its privacy-focused coin Monero (XMR) on February 20th. Binance has become the latest platform to dispose of anonymous assets amid a growing global compliance crackdown.Key details regarding Binance’s end of XMR support:As of February 20th, Binance will delist all XMR trading pairs with BTC, ETH, and USDT.This follows rival exchange OKX's removal of privacy coins like Monero in January.Following the delisting news, XMR price plummeted by more than 32%.In a blog explaining the periodic coin review process, Binance said: “Contributing to a healthy and sustainable cryptocurrency ecosystem” This is one…

Binance announced in a blog post on Tuesday morning that it will delist privacy coin Monero (XMR) along with several other assets on February 20th. According to CoinGecko data, XMR price fell 17% on the news and is currently trading at $138.00. With a market capitalization of $2.6 billion, it is by far the largest asset to be delisted. Other coins include Aragon (ANT), Multichain (MULTI), and Vai (VAI). Aragon is a no-code DAO creation and management platform that allows users to distribute tokens, authorize wallets for voting, and set governance rules. Vai is the native token of Venus Protocol,…

Monero (XMR), the market's largest privacy-focused cryptocurrency, will be delisted by Binance, the world's largest cryptocurrency exchange. Binance said in an announcement that after a review, XMR will be subject to a new delisting. XMR, popular since 2014 for those seeking the anonymity of blockchain, fell immediately after the announcement and is currently trading at $108.80, down about 32% in the past 24 hours. In addition to Monero, Binance also announced that it will delist decentralized governance network Aragon (ANT), artificial intelligence-focused blockchain company VIOT (VAI), and enterprise blockchain platform Multichain (MULTI). According to the cryptocurrency exchange, various factors are…

Tomiwavoldo Olajide Huge daily red candlestick printed by XMR plummets in a relatively short period of time Read U.TODAY google news Privacy coin Monero (XMR) fell by up to 30% after top cryptocurrency exchange Binance announced it would delist the trading pair on February 20th.Privacy coins are cryptocurrencies that maintain anonymity by hiding the flow of money on the network, making them unpopular with regulators.In the aftermath of this announcement, XMR printed a huge red daily candle and plummeted from a high of $166 to a low of $125 in a relatively short period of time.XMR/USD daily chart, provided by…

Cryptocurrency markets are sending mixed messages during U.S. business hours on Tuesday. While major players prefer Bitcoin (BTC)Ethereum (ETH), XRP, Cardano (ADA) are stuck in a holding pattern, and some altcoins are facing a different fate.For example, Monero has taken a hit after the largest cryptocurrency exchange, Binance, announced that it would delist its XMR trading pair. This move, likely due to regulatory concerns, caused the price of Monero to plummet.So while some altcoins are reflecting Bitcoin's cautious consolidation, others like Monero are feeling the pain of the bearish news.Binance to delist XRP: Can XMR weather the storm?Prominent cryptocurrency exchange…

The cryptocurrency exchange will delist four tokens from its platform. According to the crypto exchange's announcement on February 6th, Binance will delist Aragon (ANT), Multichain (MULTI), VAI (VAI), and Monero (XMR) on February 20th. “If a coin or token no longer meets this standard, or if the industry changes, we will conduct a more detailed review and possibly delist it. We believe this best serves all users. I believe in protecting it.” Binance announcement From this date, Binance will suspend trading in ANT/BTC, ANT/USDT, MULTI/USDT, USDT/VAI, XMR/BNB, XMR/BTC, XMR/ETH, and XMR/USDT. Also, on the specified date, all trading orders will…

With Monero (XMR) and ORDI facing challenges in recovering from recent price declines, investors' attention has turned to Algotech (ALGT). Algotech's innovative strategy and potential for financial returns are attracting significant attention as investor confidence is shaken. But why are investors favoring ALGT over these top altcoins? Let's find out! TLDR Monero (XMR) price drops to $150.69 by February 7th. ORDI price drops to $42.34 by February 7th. Algotech (ALGT) has shown impressive growth during its ongoing presale. Monero (XMR) price drop shakes investor confidence On December 12, 2023, Monero announced that its partner Guardian has begun accepting two additional…