The cryptocurrency market is back in the green zone as the week ends. While Bitcoin exceeded 43 thousand dollars, LINK Coin came to the fore among major cryptocurrencies. Meanwhile, there are also those like Pyth Network that rally with important news such as listing. However, some tokens are also receiving bad news. One of these was WAVES, which was first removed from the spot market by OKX.
OKX also removed this altcoin project from spot
Leading cryptocurrency exchange OKX recently decided to delist WAVES. OKX stated that it continuously monitors the performance of all listed trading pairs and regularly evaluates their listing qualities in order to maintain a reliable buying-selling environment on the spot platform. In this context, he noted that they made this decision in line with the feedback from users. The cryptocurrency exchange made the following announcement regarding the delist decision:
In accordance with OKX’s Token Listing Termination and Deprecation Rules, we will terminate the listings of some project tokens that do not meet our listing criteria. The transaction parities that will be affected are:
- WAVES/USDC and WAVES/USDT.
The price of the altcoin remaining on Binance’s list did not react seriously
The stock exchange stated that it will terminate these trading pairs on February 8 between 11.00 and 11.30 CEST. It advised users to cancel orders for these trading pairs before the listings in question are terminated. OKX stated that otherwise the system will automatically cancel these orders. He noted that the cancellation process will take 1 to 3 business days.
Meanwhile, the exchange recently delisted WAVES from the margin and futures markets. Thus, he signaled that he would remove WAVES from the spot market. However, WAVES is still listed on Binance, the world’s largest crypto exchange. This is a consolation for the token for now. Because the price did not react seriously to the delist decision.
Crypto market outlook
cryptokoin.comAs you follow from, the leading cryptocurrency reached $38,500 last Thursday. However, when it fell to this low, it attacked after the local bottom chart. It quickly returned to $40,000. It continued to climb to $42,000 over the weekend. After a brief hiatus, BTC began gaining traction once again at the beginning of the current business week. Thus, it saw a price increase several times to $43,750. However, this was short-lived and BTC quickly retreated by nearly two thousand dollars. This comes in the middle of the Fed’s latest announcement on monetary policy. However, BTC did not stay down for long and pumped above $43,000 hours ago. At the time of writing, the cryptocurrency is trading around this level with a daily increase of 2%. Its market value has reached over $840 billion. Thus, its dominance over the altcoin market reached 51.1% in CMC.
LINK Coin steals the show
Most altcoins fell yesterday. But today it turned green. Ethereum and Binance Coin climbed above $2,300 and $300, respectively, following similar gains of 2%. Solana is back to $100 after a notable 5.5% daily bounce. AVAX and ADA gained similar percentages. These were followed by Tron, Polkadot, Polygon and others. Chainlink (LINK Coin) stole the show with a massive increase of 16%. As a result, LINK Coin is currently trading at around $18. More impressive gains come from the likes of ICP and IMX. The cumulative market cap of all crypto assets gained $30 billion overnight. Thus, it returns to $1.650 trillion in CMC.
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