Altcoin
Binance Issues Vital Update On Tornado Cash (TORN) & These 9 Coins
Crypto exchange behemoth Binance on Tuesday unveiled a vital announcement on Tornado Cash (TORN), Vai (VAI), OMG Network (OMG), Waves (WAVES), NEM (XEM), BarnBridge (BOND), Dock (DOCK), Mdex (MDX), Polkastarter (POLS), and Pundi X PURSE (PURSE) tokens. The crypto exchange notified its users that it will perform conversion of the mentioned tokens to USDC shortly ahead. Meanwhile, the exchange also offered users a deadline for the withdrawal of these tokens in a mover to facilitate a seamless delisting process.
Binance Issues Announcement On Withdrawal & Conversion Of 10 Tokens
According to an official Binance announcement dated October 8, the exchange is set to convert Vai (VAI), Tornado Cash (TORN), OMG Network (OMG), Waves (WAVES), NEM (XEM), BarnBridge (BOND), Dock (DOCK), Mdex (MDX), Polkastarter (POLS), and Pundi X PURSE (PURSE) into USDC based on users’ wallet holdings as of October 29. The conversion, when completed, will result in crediting an equivalent amount of USDC to users’ wallets by next year. Notably, the completion of USDC crediting to wallets is expected to be over by April 28, 2025, the exchange added.
Additionally, the top crypto exchange also notified users that they can withdraw these delisted tokens before October 28 at 23:59 UTC. Following this date, withdrawals will be made unavailable for the mentioned assets, the announcement added. Moreover, the exchange highlighted that “the conversion will be executed on the basis of the average token to USDC exchange rate between October 29 and April 28, 2025.” The crypto exchange pioneer will also send an email to users when the USDC conversion process wraps up, encompassing other important details.
USDC is a Circle Internet Financial-backed stablecoin boasting international digital functionality.
Tokens’ Price In Light Of Binance Announcement
Tornado Cash
TORN price today traded at $2.166, down nearly 6% in the past 24 hours. Its 24-hour low and high were recorded as $2.155 and $2.298, respectively.
Vai
VAI price traded at $0.9998, up marginally by 0.09% over the past day. The coin’s intraday low and high were $0.9987 and $1.0107, respectively.
OMG Network
OMG price rested at $0.2796, down roughly 3% in the past 24 hours. The coin’s intraday low and high were $0.2790 and $0.3220, respectively.
Waves
WAVES price stood at $1.100, marking a 2.5% decrease over the past day alongside Binance’s announcement. The crypto’s 24-hour low and high were $1.093 and $1.139, respectively.
NEM
XEM price slipped nearly 2% in the past 24 hours and is now trading at $0.01753. The token’s intraday low and high were $0.01739 and $0.01812, respectively.
BarnBridge
BOND price tanked nearly 3% over the past day to reach $1.53. The coin’s intraday low and high were $1.53 and $1.62, respectively.
Dock
Following Binance’s announcement, DOCK price also cracked roughly 3% in the past 24 hours and traded at $0.001759 at press time. The coin’s 24-hour low and peak were $0.001741 and $0.001832, respectively.
Mdex
MDX price crashed 51% in the past 24 hours and is now trading at $0.01509. Its 24-hour low and high were $0.0145 and $0.03401, respectively.
Polkastarter
POLS price showed signs of a pullback, slipping nearly 5% over the past day to $0.304. The coin’s intraday low and high were $0.3022 and $0.3263, respectively.
Pundi X PURSE
PURSE price slipped 0.81% over the past day to reach $0.0001465. The coin’s intraday low and peak were $0.0001461 and $0.0001478, respectively.
A majority of the tokens delisted by the exchange traded in the red zone today, aligning with the discontinuation of support by one of the leading crypto exchanges. Meanwhile, in another similar chronicle, Binance warned to delist Bluzelle, CLV, SelfKey, Prosper, and VITE recently to further streamlining user offerings.
Coingape Staff
CoinGape comprises an experienced team of native content writers and editors working round the clock to cover news globally and present news as a fact rather than an opinion. CoinGape writers and reporters contributed to this article.
Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
The ETH price’s bearish sentiment since January 2025 has taken a toll on investor confidence, with Ethereum ETFs witnessing significant outflows. As ETH’s value continues to plummet, investors increasingly withdraw their funds. With Ethereum exchange-traded funds recording a massive $32 million in weekly outflows, analysts caution against a potential downtrend.
As Ethereum lingers below the $2,000 mark for weeks, market experts and traders are bracing for a potential further decline to $1,100. Let’s dive deeper into the reasons behind the significant outflows from Ethereum ETFs and its potential impact on ETH price.
Ethereum ETFs Record $32M Weekly Outflows: What’s Happening?
According to SoSoValue, Ethereum ETFs experienced increasing outflows over the past week, driven by the overarching negative market trend. Last week, the ETFs saw a total net outflow of $32.17 million, pushing the month’s outflows to $170.99 million.
In addition, the Ethereum exchange-traded funds experienced an unusual day of neutral flows yesterday, with neither net inflows nor outflows reported. Analyst Ali Martinez shed light on the increasing whale activity over the past week. According to his X post, ETH whales have offloaded 143,000 tokens last week.
Significantly, this negative sentiment could be attributed to the ETH price’s bearish trend which began in January. Ethereum, which stood high-headed above $3,500 at the onset of 2025, started plummeting to reach a severe low of $1,500 in April. This steady downtrend has caused a stir in the market, with traders showing less interest towards the altcoin.
Is ETH Price Poised for a Crash?
Growing pessimism surrounding Ethereum ETFs has led analysts to warn the community that ETH’s price may extend its downward trajectory. For instance, analyst Altcoin Gordon shared a bearish forecast for ETH price, predicting that the token would further drop to $1,100. However, as per CoinGape’s Ethereum price prediction, ETH could destabilize around a minimum of $1,588 in 2025.
Ethereum market share nears all-time lows as bearish chart signals potential $ETH price drop to $1,100 👀 pic.twitter.com/NKr45vB4V5
— Gordon (@AltcoinGordon) April 15, 2025
As of press time, ETH is valued at $1,592, down by a marginal 0.20% in a day. Despite a 2.3% surge over the past seven days, ETH has seen a massive dip of 21% in a month. This negative vibe is also reflected on the traders’ sentiment, with the 24-hour trading volume decreasing by 23% to reach $10.5 billion.
Significantly, the Ethereum transaction fees’ recent crash to a five-year low has also contributed to the overall bearish sentiment.
Ethereum Bulls Remain Optimistic
Despite these bearish predictions and negative Ethereum ETF trend, bulls remain optimistic about the ETH price. Analysts like Crypto Rover and CryptoGoos shared their bullish outlooks on Ethereum, invoking investors’ enthusiasm.
According to CryptoGoos, ETH is expected to repeat history to surge beyond $2,800 in the near future. Meanwhile, market expert Crypto Rover projected the ETH price’s potential journey to an ambitious $10,000. However, it needs to be seen whether ETH can break through its current resistance levels and achieve these lofty targets.
Nynu V Jamal
Nynu V Jamal is a passionate crypto journalist with three years of experience in blockchain, web3, and fintech spheres. She has established herself as a knowledgeable and engaging voice in the cryptocurrency and blockchain space. Her experience as an Assistant Professor in English Language and Literature has further added to her quest for crafting informative, well-researched, and accessible content.
Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
Ripple CEO Brad Garlinghouse has been instrumental in shaping the narrative and future of XRP. According to All Things XRP, Garlinghouse is steering XRP towards a monumental breakthrough, driven by its unparalleled potential to revolutionize global payments. The CEO’s vision for Ripple’s token is centered on real-world utility, scalability, efficiency, and other unique capabilities – positioning it for unprecedented growth and adoption.
In a series of X posts, the expert referred to Brad Garlinghouse’s influential statements on XRP. Acknowledging his powerful words, the expert highlighted their significant impact on the token’s establishment as a top contender in the crypto space.
How Ripple CEO Aids XRP’s Growth? Expert Insights
According to All Things XRP, Ripple CEO Brad Garlinghouse is spearheading XRP’s increased adoption and expansion. Garlinghouse’s multiple posts and comments on the crypto’s potential have significantly influenced its global recognition.
Let’s explore Brad Garlinghouse’s words that boosted Ripple coin’s growth over the past few years, despite the prolonged Ripple vs SEC lawsuit and other regulatory hurdles.
Garlinghouse Acknowledges Ripple Coin’s Use Cases
Notably, the Ripple CEO highlighted XRP’s use cases in global payments. He also underscored the token’s potential to solve a multi-trillion-dollar problem.
According to Garlinghouse, the Ripple coin’s purpose-built design enables fast, efficient, and low-cost transactions, making it an attractive solution for high-volume payment corridors. Its speed, efficiency, and low cost position the Ripple token as a leading contender in the digital asset space. He cited, “If we continue to drive the success we’re driving, we’re driving a massive demand for XRP because we’re solving a multi-trillion dollar problem.”
What is XRP’s Advantage?
Interestingly, XRP remains unique in the vast crypto space with its key features. Being 1000 times faster and less expensive than the pioneering cryptocurrency Bitcoin, the token solidifies its position as a key player in the crypto market. This makes it an ideal solution for high-volume payment corridors. The Ripple CEO stated,
XRP was built by engineers who saw Bitcoin’s flaws, especially scalability. XRP is 1,000 times faster.
In addition, the crypto is decentralized, functional, and independent. This means that the token’s existence and performance are not dependent on Ripple. “If Ripple as a company went away, XRP would continue to trade,” noted Brad Garlinghouse.
Furthermore, the Ripple token has achieved regulatory clarity, with global regulators recognizing it as not being a security. It is noteworthy that Ripple’s coin is one of the first cryptocurrencies to be concluded as a non-security. This provides a clear path forward for its growth and adoption.
Brad Garlinghouse Remains Transparent
As pointed out by the expert, Garlinghouse remains transparent about Ripple’s business model. It relies on selling XRP to generate revenue and achieve profitability. Garlinghouse admitted, “We would not be profitable or cash flow positive without selling our XRP holdings.”
Garlinghouse has also predicted that Ripple’s token will be included in the US crypto reserve.
XRP’s Future Prospects and CEO’s Personal Stance
Significantly, the Ripple CEO remains optimistic about XRP’s future and ETF launch. While all the nine Ripple ETFs have gained the SEC’s recognition, experts believe that they will be approved before December 2025. According to him, “It’s just inevitable that [XRP] will be offered through an exchange-traded fund.”
Further, he emphasized the role of Ripple’s token in the multichain world, while also advocating for fairness across chains. He has also revealed his personal crypto holdings that include XRP, BTC, and ETH.
Nynu V Jamal
Nynu V Jamal is a passionate crypto journalist with three years of experience in blockchain, web3, and fintech spheres. She has established herself as a knowledgeable and engaging voice in the cryptocurrency and blockchain space. Her experience as an Assistant Professor in English Language and Literature has further added to her quest for crafting informative, well-researched, and accessible content.
Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
The DOGE price is relatively seen stable over the past few hours, currently trading above the crucial $0.15 mark. Though Dogecoin has recovered from the last week’s downtrend, the meme coin has failed to show significant movements over the past 24 hours.
However, analysts and exerts remain confident about Dogecoin’s future trends. Market experts like STEPH IS CRYPTO believe that the meme coin will hit $1 in the near future.
Dogecoin Price To Hit $1; Know More
Over the past few days, DOGE has been showing a negative trend, with its price slipping to a low of $0.1515 from a weekly high of $0.1685. Though Dogecoin’s price recently broke the $0.154 mark, it’s been steady over the past day with no significant fluctuations.
Amidst this stagnant market, analyst STEPH IS CRYPTO predicted DOGE’s potential rally to the significant $1. Identifying a key support level, the analyst suggested the meme coin is poised for a bullish reversal now that it has broken past this support. The analyst shared an X post in which he wrote, “$DOGE will teleport to $1.00.”
In his previous X post, STEPH IS CRYPTO forecasted Dogecoin’s potential resurgence to $2, sparking traders’ enthusiasm. As of press time, Dogecoin is valued at $0.1548, marking a marginal dip of 1.5%. Over the past week and month, the meme coin experienced declines of 1.3% and 7.5%, respectively.
What is Dogecoin’s 93-Day Bull Run?
According to crypto analyst Trader Tardigrade, Dogecoin is set for a 93-day bull run. Historical data indicates that Dogecoin’s price action tends to cycle through a pattern of 159 days of bearish trend, followed by a 93-day period of bullish momentum.
With current market conditions showing signs of consolidation, traders are eyeing a potential breakout. If historical trends repeat, Dogecoin could see significant gains over the next 93 days.
Institutional Interest Grows: What Does It Mean for DOGE Price?
Significantly, DOGE is now considered as a feasible method of payment by many Wall Street firms like Tesla, AMC Theatres, and Newegg. Asset manager 21Shares attributes this increased adoption of Dogecoin to its fast block processing time and low transaction fees, making it an attractive option for small payments and tipping.
Interestingly, this growing acceptance of Dogecoin as a payment method has sparked optimism about the meme coin’s potential price impact. As more institutions adopt DOGE, increased demand could drive its value to new heights. According to CoinGape’s Dogecoin price prediction, the meme coin could reach up to $0.1824687 in 2025.
Nynu V Jamal
Nynu V Jamal is a passionate crypto journalist with three years of experience in blockchain, web3, and fintech spheres. She has established herself as a knowledgeable and engaging voice in the cryptocurrency and blockchain space. Her experience as an Assistant Professor in English Language and Literature has further added to her quest for crafting informative, well-researched, and accessible content.
Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
Ethereum ETFs Record $32M Weekly Outflow; ETH Price Crash To $1.1K Imminent?
CZ’s Plan to Streamline BNB Staking Could Boost DeFi
Babylon’s TVL Drops 32% After Massive Bitcoin Unstaking
Why Relying on TVL Could Mislead Your DeFi Strategy
China’s M2 Surge Could Send Bitcoin to $90,000
Ripple CEO Brad Garlinghouse Drives XRP’s Global Expansion; Know How
2.52 Million Altcoins Are Ruining Crypto’s Future
Animoca Brands Valuation Tanks 75% In Two Years, Here’s Why
Crypto exchange BingX hacked for $43 million
Are The Big Players Losing Interest?
Hong Kong’s Securities Association Tips Authorities On Crypto Self-Regulation
Coinbase cbBTC Set to go Live on Solana
2.52 Million Altcoins Are Ruining Crypto’s Future
Animoca Brands Valuation Tanks 75% In Two Years, Here’s Why
Crypto exchange BingX hacked for $43 million
Are The Big Players Losing Interest?
Hong Kong’s Securities Association Tips Authorities On Crypto Self-Regulation
Coinbase cbBTC Set to go Live on Solana
-
Market21 hours agoOver $700 Million In XRP Moved In April, What Are Crypto Whales Up To?
-
Altcoin21 hours agoCZ Honors Nearly $1 Billion Token Burn Promise
-
Market22 hours agoXRP Price Finds Stability Above $2 As Opposing Forces Collide
-
Altcoin22 hours agoCoinbase Reveals Efforts To Make Its Solana Infrastructure Faster, Here’s All
-
Market20 hours agoCrypto Casino Founder Charged With Fraud in New York
-
Market24 hours agoBitcoin Price Poised for $90,000 Surge
-
Altcoin24 hours agoXRP Continues To Outpace ETH For 5 Months; What Lies Ahead?
-
Altcoin15 hours agoDogecoin Price Breakout in view as Analyst Predicts $5.6 high
✓ Share: