BitcoinBNBBTCETHEthereumIndustry AnalysisNewsSOLXRP

XRP, Solana (SOL) Holders Should Pay Attention to This Information: Details

1 Mins read

Traders and holders of popular cryptocurrencies XRP and Solana (SOL) should pay attention to some important information from top crypto exchange Binance.

At the close of 2023, Binance stated in an announcement that it would be launching USDC-margined perpetual contracts for BTC, ETH, BNB, SOL and XRP on an expected date of Jan. 3.

However, given the volatility that rocked the market, leading to large price drops for cryptocurrencies, Binance Futures announced that the launch of USDC-margined perpetual contracts had been postponed, with a new date of Jan. 4 announced.

According to Binance, the trading start time for the USDC-margined BTC, ETH, BNB, SOL and XRP perpetual contracts has been delayed owing to market volatility and to provide a pleasant trading experience for the consumers.

Binance said it will launch the USDC-margined BTC perpetual contract on Jan. 4 at 12:30 UTC, followed by the USDC-margined SOL, XRP, ETH and BNB perpetual contracts every five minutes thereafter.

The crypto industry began 2024 on a high note, with Bitcoin approaching the $46,000 price mark.

XRP and Solana also had good starts to the year, achieving highs of $0.639 and $117, respectively, on Jan. 2.

However, the tide turned as bears slammed the market: A drop in Bitcoin on Wednesday erased almost all of the gains it had earned in the first days of this year, breaking a long-running surge that outpaced a global malaise in traditional assets.

Other assets sank alongside Bitcoin, which commemorated its 15th year since the mining of its first block on Jan. 3, 2009.

On Wednesday, XRP fell as much as 11%, while Solana’s SOL fell nearly 20%. Both XRP and Solana have fallen 9.63% and 8.93% in the previous 24 hours, respectively, to trade at $98.65 and $0.578, respectively.


Source

1409 posts

About author
Harry is a crypto enthusiast and experienced trader with a track record of success. With a deep understanding of blockchain technology, he has analyzed market trends and identified profitable opportunities, resulting in impressive returns. Harry 's expertise lies in developing effective trading strategies that leverage the potential of cryptocurrencies. Through his articles, guides, and educational resources, he shares his insights and knowledge, helping individuals make informed trading decisions. With a keen eye for market patterns, Harry has navigated the volatile crypto landscape with confidence. Stay tuned for valuable perspectives and expert advice from Harry as he contributes to the Ailtra platform.
Articles
Related posts
CryptoNews

Indonesia's presidential elections pose uncertainty for the thriving cryptocurrency industry

1 Mins read
Indonesia, has emerged as a formidable player in the global cryptocurrency space in recent years. However, the nation’s upcoming general elections in…
BNBCryptoNews

Understanding the Cryptocurrency Boom - Dogecoin Climbs Due to X Payment Integration, While Stellar and BNB Also Experience Growth

1 Mins read
The cryptocurrency market has been experiencing notable gains over the past few days. This is led by an unexpected and surprising spike…
CryptoNews

Crypto Entrepreneur Charged with Defrauding Investors Out Of $150 Million Through Marketing Scheme

1 Mins read
Federal prosecutors have charged a German businessman with securities fraud, wire fraud and money laundering for allegedly scamming over 150 investors out…

🚀 Ailtra Crypto Bot Earned $8.9M Million in 7 Months with 0% Loss!

🚀 Ailtra generated $7.4 in 7 months only!

Unlock 20-75% Monthly Returns & Get $100 FREE!

Meet Ailtra Bot! Launching on 31st March an AI Crypto Bot boasting 20%-75% monthly gains and $7.5M earnings in 7 months. 💸Secure a FREE $100 bonus and up to $20K potential via referrals every month. 🎉Only 1,000 spots are available in first phase – claim yours fast! 🔥

Ailtra.ai will not disclose your account information to any 3rd parties.