The newly listed trading pairs include:

• NIL-PERP (Nillion Perpetual Futures)
• VINE-PERP (Vine Perpetual Futures)
• GUN-PERP (GUNZ Perpetual Futures)
• EDGE-PERP (Definitive Perpetual Futures)

This listing is expected to boost market activity on Coinbase, providing traders with new opportunities for perpetual contracts.

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Impact on the Market

The addition of these perpetual futures allows traders to take both long and short positions, increasing liquidity and volatility for Nillion, Vine, GUNZ, and Definitive. As a result, these assets may experience a surge in interest leading up to the listing.

With this expansion, Coinbase continues to strengthen its position as a leading derivatives platform, catering to institutional and retail investors.

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 Coinbase Lists Four New Futures Contracts! appeared first on Coin Engineer.

Can ETH Price Drop Even Further?

Andrew Kang, co-founder of Mechanism Capital, predicts that ETH could decline to the $2,200 – $2,400 range. According to Kang, the $2,900 – $3,000 range will act as a short-term resistance level for Ethereum.

The ongoing U.S.-China trade tensions have led to high volatility in ETH and other cryptocurrencies. Donald Trump’s recent tariff policies against China have fueled market concerns, triggering massive sell-offs.

Are Whales Selling Ethereum?

With ETH’s recent decline, on-chain data suggests that large investors are reducing their ETH holdings. Joao Wedson, CEO of Alphractal, reported that wallets holding 100,000 ETH or more have been selling off significantly. Even wallets containing over 1 million ETH have also started liquidating their holdings.

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Meanwhile, Solana (SOL) continues to rise as Ethereum’s biggest competitor. With the success of platforms like Pump.fun, Solana has become a strong alternative in the DeFi and NFT ecosystems.

Critical Levels in ETH/BTC Pair

Ethereum’s performance against Bitcoin (BTC) is also causing concern among investors. Since the Merge, the ETH/BTC pair has lost around 70% of its value. Technical analysis suggests that ETH/BTC is currently testing the 0.024-0.023 BTC support level.

According to experts, if ETH fails to hold this level, it could drop to 0.020 BTC. However, a potential rebound toward the 50-week EMA level remains possible.

To regain market dominance, Ethereum must see increased blockchain activity and wider adoption.

Ethereum’s short-term trajectory remains uncertain. Whale movements, macro-economic developments, and Bitcoin’s price action will continue to play a crucial role in ETH’s future. Investors should remain cautious about a potential drop toward $2,400!

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 Critical Levels for Ethereum! Will ETH Continue to Decline? appeared first on Coin Engineer.

How Does PumpAI Work?

PumpAI offers a simple workflow for users to create their own coins. First, users provide the details of their token to PumpAI, and then launch it using the bonding curve model. This model determines the token’s initial market value, and the trading of the coin continues on the PumpAI platform until the market cap limit is reached. Once the bonding curve is completed, the token’s liquidity pool (LP) is transferred to Meteora, and staking options are opened. Thus, users can trade on PumpAI before launching their token and enjoy trading and staking on Meteora afterward.

Why PumpAI?

• No Technical Knowledge Needed: Create and launch your token without any coding skills.
• Developers & Hodlers Earn Without Selling: Generate passive income through Meteora’s DLMM yield system without selling your tokens.
• Customize Initial Market Cap (v1.1): Customize the initial market cap of your token based on where the bonding curve ends.
• Integrated Rewards with Staking Pools: Create staking pools offering integrated rewards for participants.
• Rewards for Top Investors: Incentivize top traders with appealing rewards to increase engagement.

PumpAI and Meteora

PumpAI is built on Meteora and Solana, both fast-growing ecosystems with high impact. This partnership makes PumpAI the first AI launchpad offering integrated staking pools for token projects and allowing developers and stakers to earn Solana rewards driven by Meteora’s DLMM systems.

PumpAI’s target market is valued in billions and compares with high-volume platforms like Meteora. Solana’s scalability and impressive daily transaction volume allow PumpAI to benefit from this growing market. Solana is projected to grow from USD 116 billion in 2024 to USD 3 Trillion by 2035, presenting a significant growth opportunity for PumpAI.

Integrated with Meteora: PumpAI is uniquely integrated with Meteora, providing direct access to millions of active users and ensuring unmatched user acquisition and engagement.

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Cherry Ecosystem: By collaborating with the Cherry ecosystem, PumpAI runs precision-targeted user acquisition campaigns, reaching millions of Web3 users and generating massive impressions.

Cross-Marketing with Trading Bots: PumpAI leverages cross-marketing with over 10 trading and sniper bots to tap into the active Web3 audience and accelerate platform growth.

PumpAI Daily Volume Potential

PumpAI introduces continuous market activity through the bonding curve model. The platform sustains growth by charging a 1% fee on every trade, supporting innovation while ensuring sustainability. Launchpads using this mechanism have achieved millions of dollars in daily trading volume.

PumpAI Token Economy

The PumpAI token economy provides various opportunities for both investors and developers. A 1% fee is applied on PumpAI token trades, helping maintain the platform’s sustainability while supporting innovative features.

Additionally, when purchasing PumpAI coins, a 10% tax is applied on the developer’s first purchase. This mechanism is designed to enhance loyalty to the platform and reward early backers of the project.

The maximum supply of PumpAI coins is 1 billion tokens. This limited supply is a strategy to maintain and potentially increase the token’s value over time. The supply cap ensures control over the token’s value and creates a balanced ecosystem based on market demand.

Where to Buy PumpAI?

PumpAI coin will be available for trading on the MEXC exchange starting January 3, 2025. This marks an important milestone for PumpAI as investors will be able to easily access the token through this platform. MEXC is known for its large user base and trading volume, offering increased visibility and liquidity for PumpAI coin.

Listing a new token on popular exchanges typically attracts significant investor attention. This step will enable PumpAI coin to be discovered by more people and see an increase in trading activity.

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 is PumpAI (PUMPAI)? appeared first on Coin Engineer.

Starting November 19, U.S. markets will witness trading in spot Bitcoin ETF options, beginning with BlackRock’s iShares Bitcoin Trust (IBIT). This development promises to bring liquidity, price discovery, and sophisticated risk management tools to Bitcoin trading, advancing its role in global finance.

Options are a cornerstone of capital markets, providing depth and flexibility. In traditional markets, derivatives often dwarf the underlying assets in terms of size. Bitcoin’s current derivatives market, however, is underdeveloped, making up less than 1% of its $1.8 trillion spot market cap.

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The inclusion of Bitcoin ETF options in the U.S., the world’s largest and most liquid equity market, significantly expands participation opportunities. Both institutional investors and retail traders can now engage with Bitcoin derivatives at an unprecedented scale.

Currently, most Bitcoin derivatives are traded offshore or through OTC (over-the-counter) platforms, with platforms like Deribit accounting for $31 billion in open interest. This limits access for U.S. investors.
Consorti emphasizes that U.S. adoption will accelerate Bitcoin’s growth by aligning with traditional equities and commodities markets, where derivatives vastly outweigh spot trading volumes.

Potential Impacts:

• Enhanced Liquidity: Increased investor participation boosts market depth.
• Price Stability: Options provide tools to manage volatility effectively.
• Expanded Access: Both retail and institutional players gain equal opportunities.

The debut of spot Bitcoin ETF options in the U.S. is more than just a new trading feature; it is a transformative step for Bitcoin’s integration into mainstream finance. By unlocking massive liquidity and drawing institutional capital, this milestone sets the stage for Bitcoin’s next financial evolution.

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 Spot Bitcoin Options in the U.S.: A New Era in Financial Markets appeared first on Coin Engineer.

1000SATS/USDC

IO/USDC

In addition to the new trading pairs, Binance will also enable Spot Algo Orders for these pairs at the same time. Spot Algo Orders allow users to automate their trading strategies using various algorithms.

Here’s a breakdown of the key points:

New Trading Pairs: 1000SATS/USDC and IO/USDC (available for trading on July 12, 2024, at 08:00 UTC)

Spot Algo Orders Enabled: Users can now automate their trading strategies for the new pairs.

Discounted Taker Fees: Users will enjoy discounted taker fees on all existing and new USDC spot and margin trading pairs (limited time offer).

Important Notes:

Eligibility for trading the new pairs may vary depending on your country or region of residence. Please refer to Binance’s list of restricted countries for details (subject to change).

Account verification is required to participate in trading the new pairs.

Restricted Countries (subject to change)

Canada

Cuba

Crimea Region

Iran

Netherlands

North Korea

Syria

United States of America and its territories (American Samoa, Guam, Puerto Rico, the Northern Mariana Islands, the U.S. Virgin Islands)
Any non-government controlled areas of Ukraine

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