Key Points:
– Binance delisted Cardano (ADA) perpetual futures contracts due to regulatory issues with the SEC.
– Despite the delisting, ADA prices remained unaffected and even added 6.70% in the last week of August.
– Analysts predict ADA will post gains in Q3 2023 due to multiple ecosystem developments.
– PepeCoin (PEPE) experienced unusual withdrawals by three rogue team members, potentially leading to a delisting by Binance.
– PEPE’s price plunged after the news, and analysts speculate that it may face an extended bear run unless there is an influx of whales and institutional investors.
– Borroe (ROE) is a web3 blockchain platform that aims to solve short-term liquidity problems by allowing users to sell future earnings as NFTs and generate instant cash.
– ROE is available for $0.0125 in the ongoing presale and will rise to $0.0150 in the next presale stage before listing on major crypto exchanges at $0.040.
Hot Take:
Binance’s delisting of ADA contracts and the rug pulling incident with PEPE highlight the regulatory risks and potential vulnerabilities in the crypto market. However, projects like Borroe offer innovative solutions to traditional financial challenges by leveraging blockchain technology. As the crypto industry continues to evolve, investors should remain cautious and conduct thorough research to protect their investments.
By
By
By
By
By