![Solana [SOL] – What next for holders after exchanges take this drastic step](https://i.headtopics.com/images/2022/11/18/cryptoamb/solana-sol-what-next-for-holders-after-exchanges-t-solana-sol-what-next-for-holders-after-exchanges-t-1593538253797425154.webp)
Binance announced suspension of USDT and USDC (SOL) till further notice; OKX followed suit On the contrary, Kraken announced support for the tokens According to statements released by OKX, Binance, and ByBit, some Solana blockchain tokens may be delisted. No justifications were provided for this move and no mention of re-listing them was made either. […]
that it has temporarily suspended the deposits of USDT and USDC . This information was contained in a notification published on its official website on 17 November. There was not much information provided, and it was not mentioned whether the same applies to withdrawals of the same tokens from the Solana blockchain.a statement announcing that it was delisting USDT and USDC . The platform would no longer support the deposit and withdrawal of these tokens, the exchange added.
When the price of SOL was examined over the daily timeframe, it was clear that the asset was moving in highs and lows. The crypto-asset was down more than 5%, at the time of writing, and appeared to be falling even further. Above the price action of SOL, the short Moving Average and the long Moving Average were visible. The MAs’ position revealed the sluggish price movement that SOL has been recording lately.was in the overbought zone, as indicated by the Relative Strength Index indicator.
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Binance halts USDC and USDT deposits on Solana in latest blow to the blockchain(Kitco News) - Binance announced Thursday morning that deposits of USD Coin (USDC) and tether (USDT) on the Solana blockchain “have been temporarily suspended until further notice,” causing the blockchain’s SOL token to test its post-FTX low of $12.45.
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Solana: Gauging if HODLing SOL is really the way to go in the near termDisclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. Solana witnessed a bearish continuation pattern after its recent breakdown. The altcoin’s funding rate across all exchanges slightly improved but still stood negative. Post the FTX drama, Solana’s [SOL] association with Sam-Bankman Fried propelled the altcoin […]
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Evaluating the state of Solana [SOL] ecosystem post FTX demiseTVL held on Solana has declined by over 60%. User activity across the network also fell. SOL offered no respite to users as it has since fallen by 62%. Severely impacted by the sudden collapse of cryptocurrency exchange FTX, total value locked (TVL) held across decentralized finance (DeFi) protocols housed within the Solana [SOL] network […]
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Binance secures Abu Dhabi regulator’s green light to offer crypto-servicesAbu Dhabi has granted regulatory approval to leading cryptocurrency exchange Binance to offer its crypto-services to professional clients. The exchange received a Financial Services Permission (FSP) from the Financial Services Regulatory Authority (FSRA) in the Abu Dhabi Global Market (ADGM). “We look forward to supporting Binance’s operations and R&D in ADGM to develop solutions for […]
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U.S. House committee to hold hearing on collapse of crypto exchange FTXThe committee said it expects to hear from the companies and individuals involved, including FTX founder Sam Bankman-Fried, Alameda Research, Binance, FTX and related entities, among others
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Evaluating the state of Solana [SOL] ecosystem post FTX demiseTVL held on Solana has declined by over 60%. User activity across the network also fell. SOL offered no respite to users as it has since fallen by 62%. Severely impacted by the sudden collapse of cryptocurrency exchange FTX, total value locked (TVL) held across decentralized finance (DeFi) protocols housed within the Solana [SOL] network […]
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