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Why did Binance delist MOVE?

The exchange will suspend all MOVE trading in two weeks, immediately causing the asset to plummet.
In addition to the 16% price drop, the daily trading volume of MOVE surged by 130%. This indicates that MOVE holders are selling their assets following the delisting announcement from Binance.

Binance's delisting is not without reason. Earlier today, Movement Labs announced the postponement of its planned airdrop, causing dissatisfaction. This may have been the last straw for Binance, coupled with existing issues.

Movement Labs claimed in mid-March that it would investigate a potential fraud incident. A market maker sold off 66 million MOVE tokens, triggering a sharp price decline.
New evidence has emerged, leading users to allege that Movement Labs was directly or indirectly involved in these trades. It is claimed that the company lent 50% of its MOVE supply to the investment platform Web3Port, which then sold off a large amount of tokens.

🚨Breaking! Coinbase to Suspend MOVE Trading, Cryptocurrency Price Plummets

Coinbase announced on platform X that it will suspend trading of the native token MOVE of the Ethereum Layer 2 network Movement around 2 PM on May 15, 2025.

Coinbase stated that it will regularly monitor assets to ensure compliance with listing standards, and this trading suspension is based on recent review results.

Once the news broke, the price of MOVE plummeted. According to CoinGecko data, MOVE dropped nearly 14% on that day, with the price falling to $0.2079, hitting a new all-time low.

MOVE was launched last December and has already experienced significant challenges. Previously, a market maker's sell-off incident caused a major uproar, with 66 million MOVE tokens being sold off, leading to a substantial price drop and a ban from Binance. This suspension of trading by Coinbase is undoubtedly adding insult to injury.

Currently, everyone is paying attention to the subsequent trading situation of MOVE on other platforms and whether the price can bottom out and rebound. If you hold MOVE, you should closely monitor market dynamics!

#Coinbase #Cryptocurrency #DigitalCurrency

In the first 100 days of Trump's new term, domestic cryptocurrencies in the United States performed disappointingly.

Since January 20, five major U.S. related assets have fallen by at least 20%. Although the government has adopted a more crypto-friendly attitude and introduced some regulatory relief measures, the situation has not improved.

In contrast, non-U.S. domestic cryptocurrencies like Bitcoin and TRON have performed better.

Reasons for the poor performance of domestic cryptocurrencies:

• Gap between market expectations and reality: Trump's election and promises once led to a surge in the cryptocurrency market, but he later failed to fulfill expectations of using fiscal funds to purchase Bitcoin, leading to a cooling of market enthusiasm and a drop in cryptocurrency prices.

• Hacker attacks affect confidence: In late February 2025, the Bybit exchange was hacked, and a hacker stole over $1.4 billion worth of Ether, which dampened investor confidence and impacted the cryptocurrency market, particularly affecting domestic cryptocurrencies in the U.S.

Reasons for better performance of non-U.S. domestic cryptocurrencies:

• Advantages of decentralization: Non-U.S. domestic cryptocurrencies like Bitcoin emphasize decentralization and are relatively less affected by the policies of a single country. When facing policy pressures from the U.S., they can leverage their globally distributed characteristics to maintain a certain level of activity and value support in markets of other countries and regions.

#特朗普就职百日

Solana (SOL) has risen nearly 18% in the past 30 days. The bullish structure of SOL remains technically intact, although some key momentum indicators are showing signs of weakening.
Meanwhile, Solana continues to dominate decentralized exchange trading volume and blockchain revenue rankings, consolidating its strong position in the broader ecosystem.

SOL is now very close to the key support level of $145, which has become an important observation area.

The total supply of Bitcoin on exchanges fell to 2.488 million BTC on Friday, reaching a seven-year low.
According to CryptoQuant, the exchange reserves currently stand at 2.492 million, having increased by about 40,000 BTC over the weekend, but still at the lowest level since October 2018.
This outflow occurs at a time when the price of Bitcoin is $95,400, and the Trump administration has expressed a willingness to reach an agreement with China on tariffs.
While the exchange balance reaches a seven-year low, according to the latest CoinShares digital asset fund liquidity report, Bitcoin funds witnessed an inflow of $3.2 billion in the week ending April 28.

The US spot Bitcoin ETF has seen six consecutive days of net inflows, attracting $3 billion in funds last week. The spot Ethereum ETF also recorded its first weekly net inflow since February.

Canada will hold a general election on Monday, and Prime Minister Mark Carney is expected to receive strong public support to counter Trump.
This Wednesday, the ADP data, known as the small non-farm payrolls, will be released, along with the PCE inflation indicator favored by the Federal Reserve. On Friday, non-farm employment figures will be published. Additionally, the Bank of Japan will hold a monetary policy press conference on Thursday, with the market expecting the BOJ to maintain interest rates unchanged. #

U.S. President Trump stated that he has no intention of firing Federal Reserve Chairman Powell and will not take a hardline stance in any trade negotiations with China. The three major U.S. stock indexes surged, and Bitcoin regained favor with investors, reaching 93K this morning, hitting a new high since early March. ETH shook off its recent slump, rising strongly by 11%, returning above $1,700.
#加密市场反弹

According to Bloomberg, U.S. President Trump stated on Tuesday that amid the escalating trade dispute between the U.S. and China threatening the health of the world's two largest economies, he will be "very nice" to China. Meanwhile, U.S. Treasury Secretary Mnuchin said at a closed-door investor summit that the tariff deadlock with China cannot continue like this, and both sides must find a way to ease the situation.