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On February 6, Binance announced the delist ing of Monero (XMR) and three other cryptocurrencies from its services on February 20. Monero experienced a massive panic sell- off following the announcement. However, the cryptocurrency market already expected the delisting, as Finbold reported on January 4 this year. On this occasion, Binance labeled XMR under its “Monitoring Tag,” providing a clear signal to the market that led to this most recent announcement one month later. As for the next steps, the centralized exchange will remove four currently available Monero pairs on February 20. The pairs are XMR/BNB, XMR/BTC, XMR/ETH, and XMR/USDT. Binance will disable Monero deposits the next day, but investors will have three months to withdraw their coins. Besides XMR, the leading crypto exchange will also delist Aragon (ANT), Multichain (MULTI), and Vai (VAI) under the same conditions. Investors will need to use Binance alternatives to trade these coins. Monero price analysis amid Bina...

Greed is again a dominating sentiment after a retracement earlier this week, with most crypto currency projects showing bullish signals. However, data retrieved by Finbold from CoinGlass ’s long/short ratio on December 14 shows that a few crypto currencies remain dominated by short positions. Considering the sentiment shift, such a scenario in the derivative market could lead to short squeeze s. Particularly, Jito (JTO) and Unifi Protocol (UNFI) record a high weight of short-selling volume. This becomes even more relevant considering both tokens’ relatively low 24-hour volume and market capitalization. Will Jito (JTO) face a short squeeze? The JTO token is currently trading at $3.03, up 12% in the day. Surprisingly, it is still dominated by short over long positions in both the 12 and 24-hour time frames. Cryptocurrency Coinbase to globally expand its crypto trading services Cryptocurrency Google Bard predicts BNB price for January 1, 2024 ...