Binance Boost: Across and Orca Altcoins Surge Nearly 80% in Price Explosion

08.12.2024 55 times read 0 Comments Read out

Two Under-the-Radar Altcoins Skyrocket in Price Following Friday Binance Listings

The Daily Hodl reports that two lesser-known altcoins, Across (ACX) and Orca (ORCA), experienced significant price surges after being listed on the cryptocurrency exchange platform Binance. ACX saw an impressive increase of nearly 88%, while ORCA jumped by almost 80%. These gains were among the highest for any top 1,000 tokens by market cap on that day. The listing marks a notable moment for both projects; Across aims to revolutionize cross-chain experiences with its unique order types called "cross-chain intents," whereas Orca focuses on providing a user-friendly environment for traders and liquidity providers.

Ether Hits $4,000 as Coinbase Premium and Ethereum Active Addresses Surge

According to Markets Insider, Ethereum's ether has surpassed the $4,000 mark for the first time since March. This rise is attributed to increased demand from U.S. institutional investors reflected through a growing Coinbase premium over prices at other exchanges like Binance. Additionally, there has been a surge in active addresses within the Ethereum network—rising significantly from September levels—which suggests heightened activity benefiting ether’s value due to constrained supply mechanisms such as token burning.

Vertus Airdrop Set for Dec. 27 With Anticipated Pre-Market Prices Across Major Exchanges

CoinMarketCap reveals plans for Vertus Coin's upcoming launch across major crypto exchanges including Bybit and Binance scheduled for December 27th this year—a milestone expected to not only enhance trading opportunities but also generate considerable interest globally ahead of official listings, given varying pre-market price predictions already circulating online. Platforms worldwide, particularly among Indian investors, are closely monitoring developments around INR valuations too!

Polish Police Arrest Former Russian Crypto Exchange Boss Wanted by US

A report from Reuters details how Polish authorities have apprehended Anatoly Legkodymov—the former head behind the now-defunct BTC-e exchange wanted stateside facing charges related to money laundering operations conducted via his platform. This platform was previously linked to numerous illicit activities spanning several years before closure back during mid-2017 crackdown efforts targeting similar enterprises operating outside regulatory frameworks internationally, prompting coordinated law enforcement actions aimed at curbing widespread abuses associated with digital currencies. Today, in various jurisdictions, the overall context and current geopolitical climate surrounding these issues remain highly complex. The dynamic nature of the evolving landscape continues to pose challenges for stakeholders involved in navigating intricacies therein effectively and efficiently, considering the prevailing conditions. Indeed, this is a noteworthy development, worth noting as further updates emerge and future courses of events unfold accordingly, eventually leading to the resolution of the matter conclusively, once and for all. Hopefully, this will be sooner rather than later, ideally in the best interests of everyone concerned, directly or indirectly included.

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