Today's most important Binance news
📰 Official Binance news
1. New trading pairs in Spot + Trading Bots
Binance announces that it will open trading for AXS/USDC, COMP/USDC, and XAI/USDC on July 15 at 08:00 UTC. Additionally, they will be able to use trading bots (Spot Algo Orders, Grid, and DCA) with these and other pairs (NEAR/USDC, UNI/USDC) from that same date .
2. Highlights of July 14
• Launch of 8YA: Road to Abu Dhabi Giveaway, in collaboration with BWT Alpine F1.
• Start of the Bonding Curve-Based Token Generation Event (TGE) in Binance Wallet with Four.Meme.
• Update of the Collateral Ratio for multiple assets under the margin portfolio.
• Launch of Sharia Earn, with simplified staking in BNB Locked Products, ETH, and SOL .
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📊 Market news on Binance
3. Movement in BNB
The price of BNB fell below 690 USDT, although it showed a slight increase of 0.42% in 24 hours according to Binance Market data .
4. WBTC reaches a new all-time high
Wrapped Bitcoin (WBTC) marked a new ATH, trading at 122,126.86 USDT, a rise of 3.77% in 24 hours .
5. Ethereum surpasses 3,000 USDT
The price of ETH has surpassed 3,000 USDT, with a daily increase of 2.12% .
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🔍 Interpretation and outlook
• Expansion of USDC pairs: The introduction of AXS, COMP, and XAI pairs against USDC indicates Binance's bet on the liquidity of this stablecoin, offering more options for traders.
• Innovations in products: The TGE with bonding curve and Sharia Earn reflect Binance's focus on innovative products aimed at specific niches (Islamic finance).
• Market trends: Although BNB is slightly down, the rises in WBTC and ETH show overall strength in the crypto market, indicating institutional interest and technical momentum.
