Monday, February 24, 2025

Annual Inflation Rate in the European Region to be Announced

On the first trading day of the week, the annual inflation rate of the European Region will be announced. This data, which may affect the monetary policy decisions of the European Central Bank (ECB), may cause significant fluctuations in the markets.

• Statement time: 13:00
• Expectation: 2.5%
• Previous: 2.4

Investors will closely monitor the inflation data to assess its impact on the ECB’s interest rate policies and the current state of the European economy.

Binance Delists 4 Cryptocurrencies

Binance announced that it will delist some crypto assets on the platform. As of February 24, STMX, VITE, CLV and AMB trading pairs will be delisted.

Traders holding the delisted assets are advised to terminate their trades and take necessary precautions. While there is no official explanation as to why Binance is delisting these assets, delist decisions are often made due to illiquidity, regulatory requirements or technical deficiencies of projects.

Ethereum Pectra Upgrade to Release on Testnet

Ethereum’s next major update, Pectra, will be released on the testnet. The upgrade aims to deliver performance and security improvements to the Ethereum network, while strengthening integration with Layer-2 solutions.

There is no exact date for when the Pectra update will be rolled out to the mainnet. However, if the testnet process is successfully completed, it is expected to offer important innovations for developers and users.

Tuesday, February 25, 2025

New Regulation on Crypto Transfers in Turkey Enters into Force

Sender and receiver information is becoming mandatory for deposits and withdrawals on Turkey-based cryptocurrency exchanges. This new regulation aims to increase financial transparency and prevent money laundering and illegal transactions.

Under this regulation, investors will have to verify their personal information when making inter-exchange transfers. Moreover, similar regulations are likely to come into force in the future, given that Turkish regulators have signaled to introduce more regulation in the sector.

Wednesday, February 26, 2025

NVIDIA to Announce Earnings Report

NVIDIA, one of the leading companies in artificial intelligence chips and graphics processing units (GPU), will announce its first quarter earnings report for 2024 after the US stock markets close.

Due to advances in artificial intelligence and mining, NVIDIA shares have gained momentum in recent years. Investors will be watching this report closely to learn more about the company’s financial condition and future growth strategies.

NVIDIA’s results could also impact the share performance of other major companies in the technology and artificial intelligence sector.

Thursday, February 27, 2025

US Gross Domestic Product (GDP) Data to be Announced

GDP data, which measures the growth performance of the US economy, may cause significant fluctuations in the markets. This data, which may have a direct impact on the Fed’s interest rate decisions, will be closely monitored by investors.

• Release time: 16:30
• Expectation: 2.3%
• Previous: 2.3

If the growth rate deviates from expectations, volatility in crypto and equity markets may increase.

US Unemployment Benefit Claims to be Announced

Unemployment data will be released in the US, showing the health of the labor market.

• Expectation: 220K
• Previous: 219K

The Fed considers unemployment data as an important indicator for its interest rate policy. A strengthening labor market could raise inflation risks and delay the Fed’s rate cut plans.

Friday, February 28, 2025

Turkey’s Gross Domestic Product (GDP) to be announced

GDP data, which provides information about Turkey’s economic growth performance, will be released.

• Explanation time: 10:00
• Previous: 2.1%

This data is critical to understand how the Turkish economy performed in the last quarter.

US Core Personal Consumption Expenditures Price Index to be announced

Core Personal Consumption Expenditures (PCE) Price Index, one of the most followed inflation indicators by the US Federal Reserve (Fed), will be released.

• Explanation time: 16:30
• Previous: 2.8

This data will be a critical indicator to understand whether inflationary pressure continues in the US. A higher-than-expected inflation data could delay the Fed’s rate cut plans and put selling pressure on the markets.

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

The post What to Expect in the Week of February 24 with Coin Engineer appeared first on Coin Engineer.

In the announcement, the specified pairs for spot are:

UTC 08.00: ALICE/BUSD, AVA/BUSD, BICO/BUSD, CLV/BUSD, DEGO/BUSD, GLM/BUSD, KSM/BUSD, WAXP/BUSD

UTC 10.00: XTZ/BUSD, BNB/BIDR, DOGE/BIDR, SOL/BIDR, TKO/BIDR, XRP/BIDR

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In the announcement, it was underlined that the delisting of these trading pairs does not mean that the tokens will also be delisted. Therefore, it was stated that customers can continue to use the same tokens in other trading pairs.

Binance will also cease the Spot Trading Bot services applicable for the relevant trading pairs on the same date.

You can freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram  ,YouTube and Twitter channels for the latest news and updates.

The post Binance Delists 14 Crypto Pairs! appeared first on Coin Engineer.

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Here are some of the Binance spot trading pairs to be removed:

AAVE/BNB, AERGO/BUSD, AGLD/BTC, ALCX/BTC ,ALGO/BNB, ALGO/ETH, ALPACA/BTC, ALPHA/BTC, BAL/BTC, BICO/BUSD, BNT/BTC, BNX/BNB, BNX/BUSD, C98/BTC, CHESS/BUSD

CLV/BUSD, COS/BNB, CRV/ETH, CTK/BNB, CTK/BTC, DAR/BUSD, DEGO/BTC, DEXE/BUSD, DIA/BUSD, FIL/BNB, FIS/BUSD, FXS/BTC, GLM/BTC, GTC/BUSD, HARD/BUSD, HIGH/BNB, ICX/BTC, ILV/BTC, IOST/BUSD, KDA/BTC, LOKA/BUSD, LTO/BUSD, MBOX/BTC, MINA/BTC, NEO/BNB, OCEAN/BNB, OM/BUSD, PHA/BTC 

There are some important points to note about this change. Binance will also cancel all pending grid orders in the trading pairs mentioned above on 2023-09-29 at 02:00 (UTC). It will also end the Spot Trading Bots service for these trading pairs as of this date.

In addition, Binance users can continue to trade on other spot trading pairs where the service continues. However, this change is significant for users who use the relevant trading pairs.

It is strongly recommended that users adjust their assets and transactions and adapt to this change. Binance is taking these steps in accordance with its terms of use and terms and conditions.

You can share your opinions in the comments about the topic. Also, follow us on Telegram, Twitter, and YouTube for more content like this.

The post Binance is ending its Spot Trading Bots service on certain pairs! appeared first on Coin Engineer.