Connect with us

24/7 Cryptocurrency News

Binance Expands Trade Offerings For Scroll, SCR Price Gains Ahead?

Published

2 hours ago

on


Crypto exchange behemoth Binance sparked substantial optimism surrounding the zero-knowledge rollup crypto Scroll (SCR) on Friday, enhancing trade offerings for the token. The exchange revealed that it is ending pre-market listing for the asset, although additional trade offerings are to commence shortly ahead. Meanwhile, SCR price rallied over 200% to date after its pre-market listing began the previous month.

Binance Unveils New Listings For Scroll Sparking Optimism

In an official announcement dated October 18, it was revealed that the exchange is ending ‘pre-market’ trading for Scroll on October 21 at 09:00 UTC. Subsequently, the exchange will open spot trading for certain pairs starting October 22 at 08:00 UTC.

As per the Binance announcement, the new spot trading pairs that will be available for trading are SCR/BTC, SCR/USDT, SCR/FDUSD, and SCR/TRY. Users can start depositing SCR in preparation for trading. Withdrawals for the same are set to commence on October 23 at 08:00 UTC. Further, the transfer function will resume before October 21, the announcement added. Meanwhile, the listing fee was set at 0 BNB, underscoring the crypto exchange’s efforts to back the zk rollup crypto project.

Further, the exchange also revealed that it will apply the seed tag next to SCR. This indicates that the asset offers high risk and volatility. “All Pre-Market orders will be automatically removed after trading ceases for the Pre-Market trading pair,” the exchange notified. Overall, the enhanced trade offerings for users pave a bullish path for the coin’s future price action.

SCR Price To Gain Ahead?

Although SCR price traded down nearly 5% today, resting at $1.27, market watchers anticipate further gains in the asset’s price ahead. This bullish projection is primarily attributable to Binance’s enhanced offerings. Further, the token’s intraday low and high were recorded as $1.25 and $1.39, respectively.

Besides, it’s worth mentioning that SCR price extended gains to over 200% since October 11 in light of its pre-market listing. Further enhanced offerings by the exchange pave the way for additional money inflow into the coin, painting an optimistic picture of the price ahead.

Also, it’s worth mentioning that the exchange expanded offerings for SUI & TURBO recently, further cementing its foothold as one of the leading crypto exchanges.

✓ Share:

Coingape Staff

CoinGape comprises an experienced team of native content writers and editors working round the clock to cover news globally and present news as a fact rather than an opinion. CoinGape writers and reporters contributed to this article.

Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.





Source link

Related Topics:
Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

24/7 Cryptocurrency News

BTC Tops $68K, ETH, SOL, XRP Flux

Published

5 hours ago

on

October 18, 2024

By


Cryptocurrency Prices Today, October 18: The broader market on Friday again showcased mixed actions, sparking investor speculations globally. Although Bitcoin (BTC) price briefly touched the $68K mark today, Ethereum (ETH), Solana (SOL), and XRP prices encountered market volatility. Besides, POPCAT & MEW emerged as the day’s top market gainers, soaring roughly 11%.

Simultaneously, the global crypto market cap witnessed a 0.21% rise to $2.33 trillion. However, the total market volume plummeted over 6% from yesterday to $75.89 billion. Here’s a brief report on some of the leading coins by market cap and their price movements today.

Cryptocurrency Prices Today (October 18)

While BTC price briefly touched $68K today, the flagship crypto soon backtracked to the $67K level. In the interim, despite facing considerable turbulence, ETH maintained a break above the $2,600 level. Simultaneously, SOL and XRP prices dipped roughly 1% over the past day. However, the meme coins sector has garnered considerable investor attention, showcasing notable gains. So, let’s dig deeper into the coins’ prices today.

Bitcoin Price Today

BTC price gained nearly 0.5% at press time and is trading at $67,738. The flagship crypto’s intraday low and high were recorded as $66,647.39 and $68,199.53, respectively. Further, the coin’s price chart showed a highly turbulent movement over the past day despite $470.48 million inflows in Bitcoin ETFs as of October 17, per Sosovalue data. Simultaneously, BTC’s market cap was evaluated as $1.34 trillion today. Besides, Bitcoin’s dominance stood at 57.73%, up 0.25% from yesterday.

Ethereum Price Today

ETH price chart indicated a nearly 1% drop in value, resting at $2,617. Its intraday low and high were recorded as $2,577.31 and $2,649.30, respectively. Even Ethereum faces significant turbulence despite $48.41 million worth of inflows in ETH ETFs. The coin’s market cap stood at $314.56 billion today. Meanwhile, Ethereum devs are looking to add EIP 7742 to the Pectra Upgrade, garnering additional attention to the crypto.

Solana Price Today

SOL price illustrated a drop of over 1% in value and is currently trading at $152. The coin’s intraday low and high were recorded as $147.94 and $154.69, respectively. Solana’s market cap rested at $71.35 billion today. A recent CoinGape Media report shows that the SOL price decline aligns with reducing DEX volume on the network, among other factors.

XRP Price Today

Simultaneously, XRP price slipped nearly 1% in the past 24 hours and is now trading at $0.5436. The coin’s intraday low and high were registered as $0.5405 and $0.5641, respectively. XRP’s market cap rested at $30.83 billion today. Notably, this slumping action comes amid rising concerns as the U.S. SEC files a Civil Appeal Pre-argument statement (Form C) in the XRP lawsuit.

Meme Coins Prices Today

Meanwhile, Dogecoin (DOGE) embarked upon significant gains, up nearly 6.5% to $0.1331 today. Similarly, Shiba Inu (SHIB) price soared nearly 2% to $0.00001884. Also, it’s worth mentioning that POPCAT & MEW emerged as the day’s top gainer.

Top Cryptocurrency Gainers Prices Today

Cat in a dogs world

MEW price surged over 11% in the past 24 hours and is now trading at $0.009448. Its intraday low and high were $0.008204 and $0.009468, respectively.

POPCAT

POPCAT price followed, noting a 11% uptick in value to $1.39. The coin’s intraday low and high were $1.18 and $1.38, respectively.

Celestia

TIA price experienced gains worth 6% over the past day and is now trading at $6.23. The coin’s intraday low and high were $5.57 and $6.32, respectively.

Top Cryptocurrency Losers Prices Today

Maker DAO

MKR price dipped 7% over the past day and is currently sitting at $1,201. The coin’s 24-hour low and high were $1,191.82 and $1,282.09, respectively.

Starknet

STRK price dropped 6% in the past 24 hours and is now trading at $0.3916. Its intraday low and high were $0.3886 and $0.4111, respectively.

Bonk

BONK price noted a 4% decline in value to $0.00002353 today. The coin’s intraday low and high were $0.00002223 and $0.00002433, respectively.

Besides, the hourly time frame charts sparked further concerns over the cryptocurrency prices today. BTC price slipped 0.14% in the hourly duration, whereas ETH slipped 0.05%.

✓ Share:

Coingape Staff

CoinGape comprises an experienced team of native content writers and editors working round the clock to cover news globally and present news as a fact rather than an opinion. CoinGape writers and reporters contributed to this article.

Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.





Source link

Continue Reading

24/7 Cryptocurrency News

Montenegro Discloses Next Step In Terra Luna Do Kwon’s Extradition

Published

8 hours ago

on

October 18, 2024

By


According to Montenegrin media reports, Do Kwon’s extradition process may soon conclude, with a decision expected by Sunday, Oct. 19.

On October 17, Minister of Justice Bojan Bozovic confirmed that the government chose the destination for extraditing the Terraform Labs co-founder, whom both the US and South Korea want on charges related to cryptocurrency fraud.

The minister indicated that he could soon sign the necessary documentation for Kwon’s extradition – by the end of the week.  However, the exact country to which he will go remains unknown.

Do Kwon’s Fate to Be Decided by Sunday

According to local media, the government of Montenegro is working on completing the procedures for the extradition of Do Kwon. The Minister will come with the decisiono by no later than Sunday, October 19.

Justice Minister Bojan Bozovic suggested on October 17 that he will finish the documents for Kwon’s extradition by Sunday. However, he didn’t specify the country to which he will send the infamous CEO.

Kwon has numerous criminal charges filed against him in the US and South Korea. He was staying as a prisoner in Montenegro since March following his arrest for traveling under fake documents.

His extradition will mark a major milestone in resolving the legal fallout from Terra’s stablecoin implosion, which destroyed billions of dollars in investor money. Still, Terra Luna Classic price has been trending upward since July, despite a market-wide crash on August 5. 

Do Kwon, arrested in Podgorica in March 2023, faces charges in South Korea, Singapore, and the US. All countries have requested extradition from Montenegro.

“It Would Be Easier if the Court Had Decided”: Minister on Do Kwon

In September 2023, Interpol called for a red notice against Do Kwon regarding the $40 billion collapse in May 2022 of the Terra Luna and TerraUSD cryptocurrencies.

On 19 September, the Supreme Court of Montenegro ruled that all conditions for Do Kwon’s extradition to criminal proceedings in South Korea and the US are fine by law, thereby allowing the Minister of Justice to decide on the extradition permit.

Bozovic stated:

“On this issue, as Minister of Justice, I have nothing more to comment on after the decision of the Supreme Court… It would have been easier for me if it hadn’t been like this and the court had decided which country he should be extradited to. On the other hand, when the court leaves it to us to decide, I must act accordingly.”

$4.47B Settlement for Terraform

Do Kwon, co-founder of Terraform Labs, was caught in Montenegro after allegedly hiding in Serbia and attempting to travel to the Middle East using fake documents. Following his arrest, Kwon was found guilty of forgery and served a six-month prison sentence.

His case became the subject of a legal tug-of-war, with both the US and South Korea vying for extradition rights. Each country initially secured favorable rulings, but subsequent judicial decisions overturned these outcomes, resulting in an extended legal battle. Eventually, Kwon went out from prison and came under supervision while Montenegro’s Ministry of Justice deliberated on the final extradition decision.

Meanwhile, Terraform Labs reached a substantial $4.47 billion settlement with the US Securities and Exchange Commission (SEC) to address allegations related to the company’s operations. Terra agreed to wind down its business and liquidate its assets as part of the settlement.

 

✓ Share:

Teuta

Teuta is a seasoned writer and editor with over 15 years of experience in macroeconomics, technology, and the cryptocurrency and blockchain industries. Starting her career in 2005 as a lifestyle writer for Cosmopolitan in Croatia, she expanded into covering business and economy for several esteemed publications like Forbes and Bloomberg. Influenced by figures like Don Tapscott and Bruce Dickinson, Teuta embraced the blockchain revolution, believing crypto to be one of humanity’s most crucial inventions. Her fintech involvement began in 2014, focusing on crypto, blockchain, NFTs, and Web3. Known for her excellent teamwork and communication skills, Teuta holds a double MA in Political Science and Law, enjoys punk rock, chablis, and has a passion for shoes.

Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.





Source link

Continue Reading

24/7 Cryptocurrency News

US SEC Files Appeal Pre-Agreement Statement In Ripple Lawsuit

Published

11 hours ago

on

October 17, 2024

By


The US Securities and Exchange Commission (SEC) has officially filed the Civil Appeal pre-argument statement (Form C) in its ongoing lawsuit with Ripple Labs Inc. This filing comes amid confusion in the broader community regarding the market regulator’s missed deadline to file Form C.

SEC and Ripple Lawsuit Appeal Enters Next Phase

The SEC versus Ripple securities lawsuit is one that came with a lot of controversies. After Judge Torres ordered Ripple to pay a $125 million penalty in August, many thought the case would end there.

However, the regulator filed a Notice of Appeal to contest the ruling. At the time, no one knew the aspect of the lawsuit the US SEC planned to appeal. With this Form C filing, the regulator noted that it want to contest the summary judgment or the decision of the court in general.

This is a breaking news, please check back for updates!!!

✓ Share:

Godfrey Benjamin

Benjamin Godfrey is a blockchain enthusiast and journalists who relish writing about the real life applications of blockchain technology and innovations to drive general acceptance and worldwide integration of the emerging technology. His desires to educate people about cryptocurrencies inspires his contributions to renowned blockchain based media and sites. Benjamin Godfrey is a lover of sports and agriculture.

Follow him on X, Linkedin

Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.





Source link

Continue Reading
Advertisement [ethereumads]

Trending

    wpChatIcon