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  • Possibly affected by Binance’s announcement, SHELL rebounded briefly and broke through 0.3 USDT
    Odaily Planet Daily News Market data shows that SHELL may be affected by the Binance announcement. It rebounded briefly and broke through 0.3 USDT. It is now reported at 0.305 USDT, with a 5-minute increase of about 10%. Earlier news, Binance issued an announcement that in an investigation of a market maker (hereinafter referred to as the "market maker") of GoPlus Security (GPS), Binance found that the market maker was also responsible for the market making activities of the MyShell (SHELL) project. In order to better protect Binance users, Binance has taken the following additional measures for the improper behavior of the market maker: · The market maker has been delisted and prohibited from conducting any further market making activities on Binance · The relevant income of the market maker has been confiscated and will be used to compensate users of the GPS and SHELL projects (the detailed compensation plan will be determined and announced by the relevant project team).
    Bullish
    Bearish
  • Binance: It was discovered that GPS market makers were also responsible for SHELL. Due to their improper behavior, the market maker was removed from the market and its profits were compensated to users
    Odaily Planet Daily News Binance issued an announcement that in an investigation into a market maker of GoPlus Security (GPS) (hereinafter referred to as the "market maker"), Binance found that the market maker was also responsible for the market making activities of the MyShell (SHELL) project. In order to better protect Binance users, Binance has taken the following additional measures for the improper behavior of the market maker: · The market maker has been delisted and prohibited from conducting any further market making activities on Binance · The relevant income of the market maker has been confiscated and will be used to compensate users of the GPS and SHELL projects (the detailed compensation plan will be determined and announced by the relevant project team).
    Bullish
    Bearish
  • UniSat proposes to increase PizzaSwap service fees to attract more liquidity providers
    Odaily Planet Daily News UniSat launched a community vote on adjusting PizzaSwap service fees. Currently, the platform charges 0.3% for each transaction, of which 5/6 is used for LP rewards and 1/6 is used for platform maintenance. However, some community members believe that the current fees are too low, resulting in insufficient LP rewards, weakening the motivation to attract liquidity, and may affect the healthy development of the ecosystem. The UniSat team said that although they have kept low fees for a long time to lower the transaction threshold, they value community opinions and decided to let users vote on whether to increase service fees to increase LP incentives. If the adjustment is approved, the additional income will be used for short-term reward programs, such as the upcoming LPFest Epoch3. This vote requires locking FB to obtain voting rights. The voting time is from 12:00 on March 10 to 20:00 on March 12 (UTC+8), and the final decision will fully respect the wishes of the community.
    Bullish
    Bearish
  • Can Cardano surge to $10? Key levels to watch out for
    Cardano is at a pivotal moment, with analysts speculating a potential surge to $10. source: https://ambcrypto.com/can-cardano-surge-to-10-key-levels-to-watch-out-for/
    Bullish
    Bearish
  • Eugene: DeFi and public chain tokens that meet the three core conditions are worth investing in
    Odaily Planet Daily News Trader Eugene posted on his personal channel: In recent years, with the improvement of the regulatory environment, the investment value of DeFi and public chain ecology has gradually become the focus of market attention. However, to invest capital from the perspective of value investment, the following three core conditions must still be met: 1. Priority of token holders: The team must make it clear that token holders are the primary beneficiaries (or at least have equal rights with equity holders). If shareholders can get additional benefits but token holders do not receive the same treatment, then such tokens are not attractive for value investment. This does not mean that tokens must have immediate direct benefits (such as repurchases or dividends), but the team must maintain a clear and consistent position that token holders are ultimately the beneficiaries of the project. 2. Sustainable business model: The project's revenue model cannot rely on the speculative cycle of the crypto market. Many so-called "fundamental investors" easily make the mistake of basing valuations on short-term trading volume or revenue data. However, in a bear market, trading volume can plummet by 90% or more, making indicators such as price-to-earnings (PE) or price-to-sales (PS) meaningless. In addition, it is extremely unreasonable to make an annualized estimate based on the peak data of a single month. 3. Team execution: Investors need to have confidence in the execution of the management team and believe that they can win the competition through technical barriers or excellent execution capabilities. Any successful enterprise needs a reliable team, and blockchain projects are no exception. Overall, there are only a handful of projects that meet these standards, and investors should make arrangements at the right time. For 99.9% of tokens, the final outcome may just be zero.
    Bullish
    Bearish
  • Cryptocurrency Fear And Greed Index Declines Further
    According to PANews, the cryptocurrency Fear and Greed Index has dropped to 27, down from 28 the previous day, indicating a continued state of fear in the market. The index, which ranges from 0 to 100, is calculated based on several factors: volatility (25%), market trading volume (25%), social media sentiment (15%), market surveys (15%), Bitcoin's market dominance (10%), and Google search trends (10%).
    Bullish
    Bearish
  • Binance Market Update (2025-03-09)
    The global cryptocurrency market cap now stands at $2.84T, down by -3.05% over the last day, according to CoinMarketCap data. Bitcoin (BTC) has been trading between $85,662 and $86,628 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $85,800, down by -0.63%. Most major cryptocurrencies by market cap are trading mixed. Market outperformers include OG, ACA, and DGB, up by 27%, 13%, and 13%, respectively. Top stories of the day: BNB Chain Achieves Record Revenue in February Amid Ethereum and Solana Declines Arkham Introduces KOL Tag for Influential X Users Michael Saylor Proposes Comprehensive Cryptocurrency Strategy 1inch Recovers Majority of Stolen Funds After Hacker Negotiation U.S. Declares Ambition to Become Bitcoin Superpower Market movers: ETH: $2177.61 (+1.70%) XRP: $2.3188 (-1.69%) BNB: $584.47 (-2.30%) SOL: $138.97 (-0.01%) ADA: $0.8104 (-1.27%) DOGE: $0.18957 (-3.67%) TRX: $0.2412 (-3.71%) TRUMP: $11.86 (-3.42%) WBTC: $85666.39 (-0.67%) LINK: $15.06 (-2.65%) Top gainers on Binance: OG/USDT (+27%) ACA/USDT (+13%) DGB/USDT (+13%)
    Bullish
    Bearish
  • Ethereum Price Faces $2,460 Hurdle, Bulls Aim For Breakout
    Ethereum (ETH) price is facing a make or break point as traders keep an eye on a decisive resistance and support level. The crypto still holds above $2,100. To be able to push bullish momentum, its vitally important it surges past $2,460. Ethereum Price Holds Key Support at $2,100 Amid Market Volatility Despite price fluctuations, […] The post Ethereum Price Faces $2,460 Hurdle, Bulls Aim For... source: https://www.thecoinrepublic.com/2025/03/09/ethereum-price-faces-2460-hurdle-bulls-aim-for-breakout/
    Bullish
    Bearish
  • The $SPX is retesting the big Daily 200MA/EMA again, just like $BTC. Charts looking somewhat similar over the past couple of months. The last time the S&P500 tested the Daily 200MA/EMA was ~1.5 years ago late 2024. The rally that followed was sharp and was tied with BTC running…
    null source: https://x.com/DaanCrypto/status/1898660530711413127
    Bullish
    Bearish
  • It has now been over a month since $ETH/BTC made new lows this cycle. But there still has been little sign of a higher timeframe reversal. ETH/BTC could technically be making a higher low around this area (low timeframe) but to really get things going I'd want to see a break of…
    null source: https://x.com/DaanCrypto/status/1898660279065395662
    Bullish
    Bearish

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