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Binance to Gradually Phase Out Support for BUSD Stablecoin

The world’s largest cryptocurrency exchange by global trade volume, Binance, has announced it is discontinuing support for the stablecoin asset BUSD. The trading platform is encouraging users to swap their BUSD as Binance gradually phases out BUSD markets.

BUSD Support Ending on Binance, Users Told to Swap Tokens
Biggest Movers: SHIB Hits 4-Month Low, as Red Wave Washes Over Crypto

Shiba inu was a notable mover on Monday, as the meme coin fell by as much as 5% to start the week. Today’s decline comes as traders moved away from high-risk assets, in favor of safe-havens like gold. XRP also dropped in today’s session, hitting a three-week low in the process.

Shiba Inu (SHIB)Shiba inu (SHIB) fell to a multi-month low to start the week, as markets slipped due to growing tensions in the Middle East.

SHIB/USD dropped to an intraday low of $0.000006894 on Monday, less than 24 hours after price peaked at $0.000007221.
Dutch Central Bank Director Props Up Gold for Financial Collapse Scenario

Aerdt Houben, Director of Financial Markets for the Dutch Central Bank (DNB), has talked about the value gold could have in a financial collapse scenario. As the bank has been recently increasing its gold holdings, Houben stated that due to its properties, gold might serve as a hedge in the case of a worldwide economic disaster.

DNB Acknowledges Gold’s Importance for Central BanksAerdt Houben, Director of Financial Markets for the Dutch Central Bank (DNB), has talked about the rise in gold holdings of the bank and how he believes that gold can be used as a backstop in the case of a financial collapse scenario. In a recent interview, Houben acknowledged that the Netherlands has recently increased its gold holdings, as have other European central banks.

Houben explained that the central bank currently holds 612 tonnes of gold, worth around 35 billion euros ($38.2 billion), and that these holdings were diversified, with the bullion being located in the Federal Reserve, London, Canada, and the Netherlands. This represents 4% of the Netherlands’ Gross Domestic Product (GDP), as the government holds the same percentage as countries like France, Germany, and Italy, ranking seventh in the top ten central bank gold holdings concerning GDP.
Solana (SOL) Is Grossly Overpriced After Scorching Rally, According To This Uber Angel Investor

Prominent angel investor and internet entrepreneur Jason Calacanis has aroused discussion in the cryptoverse with his unfavorable take on Solana’s (SOL) sky-high valuation.

Calacanis told his 779.8k followers on X that Solana, which recently surpassed the $100 milestone and reached a $46 billion valuation, is overvalued.
Ethereum Rival That’s Exploded 900%+ Year-to-Date Primed To Go Higher, Predicts Top Trader – Here Is His Target

A top crypto strategist says that one Ethereum (ETH) competitor may be setting the stage for another explosive move to the upside.

Pseudonymous trader Bluntz tells his 233,800 followers on the social media platform X that Solana (SOL) appears to be in the midst of an ABC corrective pattern.
Pullix (PLX) Presale 85% Complete. Why Have BNB and LTC Holders Been Pilling In?

BNB and Litecoin are rushing to get in on the Pullix presale, which is already 85% complete. Pullix has captured their interest with its unique hybrid exchange offering users many features. Market experts tagged it the best crypto after its native token, PLX, skyrocketed 150% in less than a month.

(BNB) 56% From All-time High Binance Coin (BNB), the native token of the Binance platform, is up 3.3% on the weekly price chart. It has fluctuated between $290.30 and $312.34 in the past week as bulls battle with bears.

Meanwhile, Binance Coin’s price chart paints a mixed market sentiment. The token’s position above the 50-day SMA ($293.63) and 200-day SMA ($251.57) means that bulls are leading the market.
Stablecoin Studio on Sui, S3, To Give Sui Developers Compliant Payment Processing Stablecoin Applications

March 8, 2024 – Grand Cayman, Cayman Islands

Powered by Pravica, S3 will provide builders on the Sui blockchain with the opportunity to seamlessly launch native stablecoins without the complexities of smart contract development and currency management.S3.MONEY (S3), a stablecoin studio developed on top of the Sui blockchain, was officially announced today by Cairo-based blockchain startup Pravica in collaboration with Sui.

S3, which stands for ‘stablecoin studio on Sui,’ is set to revolutionize the global payment processing landscape by introducing a versatile and user-friendly solution for building and utilizing stablecoins on the Sui blockchain.
Can BlackRock’s Saudi Arabia Expansion Drive Bitcoin ETF Adoption in the Middle East?

BlackRock, the world’s largest asset manager, is making strategic moves in the Kingdom of Saudi Arabia to expand its foothold in the Middle East. Led by CEO Larry Fink, the firm has been actively engaging with Crown Prince Mohammed bin Salman and was the first major global investment manager to establish an office in Riyadh, as reported by Bloomberg.
“Governance Is Not Optional” Asserts Charles Hoskinson as Cardano Nears Voltaire Phase

Charles Hoskinson, CEO of Input Output Global and co-founder of Cardano (ADA), has emphasized the importance of governance in the blockchain industry, stressing that it cannot be overlooked.

Speaking at a recent Web3 talk organized by Google, Hoskinson, who has been involved in the blockchain space for about 12 years, discussed various topics, including Bitcoin’s halving, the future of Cardano, and the importance of governance.
KKminer launches free cloud mining service, register and get $10 immediately to earn passive income easily every day

KKminer, a well-known player in the cloud mining industry, has launched a breakthrough innovation aimed at democratizing cryptocurrency mining and increasing profitability. KKminer is committed to changing the digital currency mining landscape with its advanced technology and intuitive interface.

The latest product makes it easy for everyone to mine popular cryptocurrencies such as Bitcoin, Ethereum and Litecoin, removing the barriers of expensive hardware and technical expertise. Utilizing advanced cloud mining technology, users can easily obtain a mining contract and start making profits immediately. KKminer’s solution guarantees accessibility and profitability, making cryptocurrency mining accessible to a wider audience.
Get your FREE Entry NFT for Crypto: The Game!

Uniswap's acclaimed Crypto: The Game is about to launch its third season. You must purchase Entry NFT to participate in this survival game, but right now you can get Entry NFT for FREE (just by paying gas for the NFT claim).

Moreover, you can get Entry NFT in all the blockchains supported by the game, namely Ethereum, BSC, Base, Polygon, Arbitrum, Avalanche and Optimism. This will increase your chances in the game. Hurry up! There are only a few days left until the start of the third season!

Website: Crypto: The Game
Uniswap Labs’ Crypto: The Game set for Emmy Award consideration

Uniswap Labs may bag the crypto industry’s first Emmy Award for its recently acquired Crypto: The Game (CTG). The online survival game is a huge hit with degen gamers and a contender for an Emmy nomination in the Outstanding Emerging Media Program category.

The game is based on a TV reality show format, pitting ten “tribes” of 80 players against each other as they struggle to survive daily “immunity challenges,” such as competing in arcade games or winning an online digital scavenger hunt.
Third season of Crypto: The Game starting next week! Hurry up and get your Free entry NFT now!

The Emmy-nominated game is about to launch its third season, which promises to be the biggest event in the crypto gaming industry ever! Don't miss your chance to be a part of this story.

Link: Crypto: The Game
Flip $2,000 Into $20,000 With Polygon (MATIC) And Mpeppe (MPEPE) Here’s How

Investing in the cryptocurrency market offers unique opportunities to transform small investments into substantial returns. With strategic choices and a bit of market insight, it is possible to turn a $2,000 investment into $20,000. Two cryptocurrencies currently generating significant buzz and potential for such high returns are Polygon (MATIC) and Mpeppe (MPEPE). Here’s how investors can capitalize on these opportunities to achieve impressive gains.

Polygon (MATIC)’s Potential for Growth

Polygon (MATIC) has established itself as a robust and reliable cryptocurrency, known for enhancing Ethereum’s scalability and providing a framework for building and connecting blockchain networks. Its recent market performance has been strong, driven by continuous technological advancements and an expanding ecosystem of decentralized applications (dApps). The community support for Polygon (MATIC) is robust, with a dedicated base of developers and users actively participating in its growth. This ongoing development and community engagement have solidified Polygon (MATIC)’s position in the market, making it a promising investment. Investors can leverage Polygon (MATIC)’s potential by staying informed about upcoming upgrades and partnerships, ensuring they capitalize on growth opportunities as they arise.
Marketmaker Gotbit has unveiled a revolutionary tool for traders with free trial period

Gotbit Labs is thrilled to announce the launch of the latest innovation – Gotbit DEX Manager, a comprehensive decentralized exchange management tool designed to streamline your trading experience.

To activate the FREE period, connect with your active wallet on one or more supported blockchains (Ethereum, BSC, Base, Arbitrum, Avalanche, Optimism, Polygon). This wallet address will be connected to Gotbit DEX manager and you will be able to use the system only from this address for 1 month for free. After 1 month you will be able to prolong the work on one of the tariffs offered in the system.
Trader earned $650,000 on Memecoins in just 12 minutes with Gotbit DEX Manager

A novice trader posted on his Twitter that he was able to make over $650,000 in just 12 minutes using new software from marketmaker Gotbit Labs.

Earlier it became known that Gotbit DEX Manager became the most popular software for launching MEV bots on the Base and Ethereum networks.
Gotbit has opened up free access to its DEX Manager

According to Gotbit CEO Alex Andryunin, access to their most advanced service will be free for all users during this week. The action is designed to attract new traders to familiarize themselves with the product's functionality and demonstrate all of its capabilities.
rWintermute develops an analog of Gotbit DEX Manager

The success of the Gotbit DEX Manager service for creating and promoting meme tokens on EVM blockchains is forcing the largest market makers to create similar services for the mass market. Only last month traders from this platform earned more than 100 million dollars.
Bitcoin, Ether, XRP, SOL ETFs Still Not On The Table, CEO Of Giant Asset Manager Vanguard Asserts

While other prominent financial firms have embraced the successful spot Bitcoin (BTC) exchange-traded funds (ETFs), Vanguard has stood out for not giving its clientele trading access to any of the 11 BTC products that became available in mid-January.

Salim Ramji, who last month took the reins at Vanguard from outgoing CEO Tim Buckley, has poured cold water on the idea that he has intentions for the investment giant to join the cryptocurrency ETF gold rush.
Crypto Products See $321,000,000 in Institutional Capital During Second Consecutive Week of Inflows: CoinShares

Digital assets manager CoinShares says that institutional crypto investors poured hundreds of millions in capital into digital asset products last week after the Fed’s announced rate cut.

In its latest Digital Asset Fund Flows report, CoinShares says that institutional crypto investment products saw a surge in inflows to the tune of $321 million following Fed chair Jerome Powell’s announcement that the Federal Open Markets Committee’s (FOMC) decision to cut interest rates by 50 basis points (bps).