San Francisco-based Reddit — which owns Bitcoin (BTC), Ethereum (ETH), and Polygon (MATIC) according to its IPO filing — is reportedly between four and five times oversubscribed.
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Bitcoin Exchange Binance Continues to Delister! Announced that 3 More Altcoins Have Been Delisted! Here Are Those Altcoins
Binance has announced that it has decided to delist three tokens: Kaon (AKRO), Bluzelle (BLZ), and WazirX (WRX) effective from December 25, 2024, 06:00. Binance to Delisting AKRO, BLZ, and WRX on December 25, 2024 This move comes as part of Binance’s regular review process to ensure that all listed digital assets meet the platform’s high standards and evolving industry requirements. Reasons for Removal from the List The decision was based on several factors, including: Insufficient trading volume and liquidity Network stability and security concerns Lack of ongoing development activity and team commitment Regulatory compliance issues Contribution to a sustainable crypto ecosystem Affected Trading Pairs The following spot pairs will cease trading at the specified time: AKRO/USDT BLZ/BTC, BLZ/USDT WRX/USDT Important Deadlines and Actions for Users Spot Trading: All open trading orders will be removed and token values will no longer be visible in wallets after being delisted. Users are advised to check their wallet settings to ensure tokens are not hidden under “Hide Small Balances.” Deposits and Withdrawals: Deposits for these tokens will not be available after December 26, 2024, and withdrawals will be suspended after February 25, 2025. Binance Futures: The BLZUSDT perpetual contract will close for trading at 12:00 on December 23, 2024. Users are advised to close their positions before this time to avoid automatic liquidation. *This is not investment advice. Continue Reading: Bitcoin Exchange Binance Continues to Delister! Announced that 3 More Altcoins Have Been Delisted! Here Are Those Altcoins crypto.news
VanEck Predicts Establishment of US Strategic Bitcoin Reserve Next Year Without Aid of Congress – Here’s How
An analyst at one of the biggest asset managers in crypto thinks the US will establish some form of a strategic Bitcoin ( BTC ) reserve next year. Matthew Sigel, the head of digital assets research at VanEck, says in a new interview with Natalie Brunell that the reserve might not be generated from Congressional legislation, however. “I think more likely it’ll be an executive action that tries to reclassify the roughly 200,000 Bitcoin that the US government already owns, having seized in crimes or other events, and just call that a Bitcoin reserve and pledge not to sell it. Our prediction for next year is that there will either be a national Bitcoin reserve like what I’ve just described, or that one or a handful of states will pass their own, and I think the most likely candidates for that are Pennsylvania, Florida or Texas.” In July, Republican Senator Cynthia Lummis of Wyoming said she would announce a bill to establish a BTC reserve as a means of securing the value of the US dollar amid a record-breaking national debt. The legislation would drive the US government to accumulate one million BTC, or 5% of BTC’s total supply in five years. On the campaign trail this year, President-elect Donald Trump promised that the US would stop selling its trove of seized Bitcoin on the open market and instead strategically hold the asset as an investment. Earlier this month, a member of the Texas House of Representatives proposed new legislation that would enable the Lone Star State to establish a strategic Bitcoin reserve within its treasury. The decentralized betting platform Polymarket currently prices the odds that Trump will create a Bitcoin reserve in his first 100 days in office at 41%. Don`t Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Follow us on X , Facebook and Telegram Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Generated Image: Midjourney The post VanEck Predicts Establishment of US Strategic Bitcoin Reserve Next Year Without Aid of Congress – Here’s How appeared first on The Daily Hodl . crypto.news