📌 Daily Summary
● LIVE TRACKINGCryptocurrency exchanges Upbit and Bithumb announced the delisting of a specific altcoin, while Binance revealed it will remove two altcoin pairs from its futures trading platform, indicating increasing regulatory scrutiny and market volatility in the altcoin sector. Amidst this, a Chinese analyst has reignited the debate over safe-haven assets, questioning whether Bitcoin (BTC) or gold is a better investment option in uncertain times. Additionally, Telegram's founder Pavel Durov has shared promising updates regarding Toncoin (TON), suggesting significant developments within the week. Meanwhile, BNY Mellon, managing $59 trillion in assets, has evaluated Bitcoin and ETFs, indicating a shift in institutional strategies as investors seek to navigate the evolving cryptocurrency landscape. On the other hand, BitMEX founder Arthur Hayes has expressed skepticism towards Ethereum, proposing that alternative altcoins may emerge to take its place.
13:42
Bitcoin exchanges Upbit and Bithumb have announced to their users that they have decided to delist the Resolv (RESOLV) token.
13:23
Binance Futures, a leading platform in the cryptocurrency derivatives market, announced that it has delisted certain futures contracts.
12:54
Willy Woo said that Bitcoin needs at least 10 years to be seen as a safe-haven asset like gold.
12:12
Pavel Durov, the founder of Telegram and Toncoin, announced his plan to lower fees on the TON network in a post on his X account.
11:31
Ben Slavin of BNY Mellon noted that spot Bitcoin ETFs have seen net inflows this year and have returned to positive territory.
