Although the cryptocurrency market has a stagnant outlook, developments continue. In this context, we have compiled the last minute developments for 8 altcoins for our readers.
Binance: No problem with BCH withdrawals!
Binance US, the US arm of leading crypto exchange Binance, shared a new announcement. In this context, Binance’s US arm has rejected some of the speculations circulating in the market. cryptocoin.comAs you follow, Binance said that there are some problems with the withdrawals of BCH on US. However, Binance clarified that there are no problems with withdrawals and the funds are safe.
We take the security and integrity of all customer assets seriously. We would also like to address some of the FUD related to BCH that have emerged recently. Binance.US holds a 1:1 reserve, so for every BCH you hold on our platform, we keep one BCH in reserve…
Coinbase added to the list, altcoin price skyrocketed!
Leading crypto exchange Coinbase is now adding Helium (HNT), which it previously added to its roadmap, to its list. In this context, Coinbase made the following announcement:
Coinbase will add support for Helium (HNT) on the Solana network (SPL token). Do not send this asset over other networks or your funds may be lost. Transfers for this asset are available on Coinbase & CoinbaseExch in trading supported regions.
Altcoin made a vertical exit, rising after the news of the list. At press time, HNT was trading at $1.43, up 6.82% on a daily basis. This increase is quite impressive for the situation where most cryptocurrencies, including Bitcoin, are in the red.
This altcoin team made an important announcement
Phoenix (PHB), which is also on Binance’s list, shared an important last-minute announcement. Accordingly, the Phoenix team clarified the highly anticipated topics such as PHB maximum supply, how Hybrid Staking and Compute Credits (CCD) will create additional value for the Phoenix ecosystem. In this context, the altcoin team made this information on its official Twitter account:
Major Phoenix token economy update: We’ll be reviewing highly anticipated topics such as the PHB Maximum Supply Cap, Hybrid Staking, and how CCDs will create additional value for the Phoenix ecosystem.
BtcTurk, added two more altcoin projects to its list
BtcTurk, a Turkish cryptocurrency exchange, announced that it has added 2 altcoin projects to its list. In this context, Radicle (RAD) and Barley (ARPA) will enter BtcTurk’s list on Thursday, July 13. By the way, it is worth noting that both tokens are also on the list of the giant crypto exchange Binance.
Whale collected AAVE and transferred to Aave platform
On-chain analytics platform Lookonchain shared that a whale borrowed 504,681 USDC from the Aave platform and later transferred it to Binance. The whale in question later purchased 7,078 AAVEs with USDCs. The average cost of the whale was $71.3. The big investor transferred the tokens he received in the last transactions to the Aave platform.
Binance de-lists AGIX/BUSD
Giant crypto exchange Binance has announced that it will remove the AGIX/BUSD parity from the futures market. The crypto exchange made the following statement regarding the removal of the AGIX/BUSD pair from futures:
Binance Futures will close all positions as of 12:00 CEST on July 20, 2023. Also, USDⓈ-M will perform an automatic swap on the AGIXBUSD Perpetual Contract. Once the deal is complete, the contract will be removed from the list.
Lokhenctraitor: A giant whale is preparing for this altcoin
cryptocoin.comAs you follow, Binance announced two days ago that Arkham Intelligence2’s native token, ARKM, will be pre-sale for Binance users holding BNB via Binance Luanchpad. Analytical platform Lookonchain has detected that a whale who wants to participate in the ARKM pre-sale has split their BNB holdings into 4 different wallets. In this context, Lookonchain shared:
A giant whale deposited $141,835BNB ($35M) on #Binance 3 hours ago via 4 Binance deposit addresses. Whale can participate in the Arkham (ARKM) token sale. Due to the 300K $ARKM purchase limit, the whale deposited $BNB into 4 Binance accounts to buy more $ARKM.
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