Following recent evaluations, the decision has been made to suspend trading for several trading pairs.

When Will the Trading Suspension Begin?

Binance will suspend trading for the following pairs effective January 10 at 06:00:

• AXL/FDUSD
• C98/BTC
• ENJ/ETH

Users are advised to review their current positions and complete necessary transactions before the suspension takes effect.

What Factors Influence Binance’s Decision to Suspend Trading?

When Binance decides to delist or suspend trading for a trading pair, it evaluates various factors. These factors include trading volume, liquidity, market stability, and user experience.

Additionally, trading pairs that do not meet Binance’s high standards may be removed to enhance the ecosystem’s reliability and provide a more efficient trading environment.

Such decisions by Binance support the goal of improving user experience and creating a more sustainable cryptocurrency ecosystem.

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 Binance Will Suspend Trading for These Trading Pairs appeared first on Coin Engineer.

Bitcoin has dropped below the 70,000 level, and today’s data from the US may impact Bitcoin. A drop to the 67,500 region is normal; the key is not to see closures below the 68,000 level. If this happens, the market may start to move downward again.

Bitcoin (BTC): The BTC/USDT pair has lost 0.35% in the last 24 hours and is currently trading at $69,906. Resistance levels for BTC are first at $72,400 and then at the ATH level. Support levels are at $68,000, and below that, they are at $66,000.

Ethereum (ETH): The ETH/USDT pair has lost 0.64% in the last 24 hours and is currently trading at $3,767. Resistance levels for ETH are first at $4,070 and then at $4,444. Support levels are at $3,476, and below that, they are at $3,320.

Uma (UMA): The UMA/USDT pair has gained 3.78% in the last 24 hours and is currently trading at $3.78. Resistance levels for UMA are first at $4.05 and then at $4.51. Support levels are at $3.55, and below that, they are at $3.16.

Open Campus (EDU): The EDU/USDT pair has gained 16.05% in the last 24 hours and is currently trading at $20.50. Resistance levels for EDU are first at $0.82 and then at $1.18. Support levels are at $0.63, and below that, they are at $0.48.

Enjin (ENJ): The ENJ/USDT pair has gained 3.00% in the last 24 hours and is currently trading at $0.36. Resistance levels for ENJ are first at $0.42 and then at $0.53. Support levels are at $0.32, and below that, they are at $0.30.

The post The Latest on Bitcoin and Cryptocurrencies – May 22 appeared first on Coin Engineer.

It not only provides to players. However, it also allows developers to broadcast their games to a large user base.

Initially started on Ethereum, Nakamoto Games moved to the Polygon network after receiving an investment proposal from the Polygon Blockchain. With this grant, Nakamoto Games became the first Play to Earn project to receive a grant from the Polygon Blockchain. Also, players on Nakamoto Games can earn $NAKA by playing games and achieving certain goals. The earned currency can then be used to purchase in-game items or converted into traditional currency.

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What is NAKA?

NAKA is the native token of the Nakamoto Games. It can be used as fuel while playing games, and rewards on the Nakamoto Games platform are also distributed as $NAKA.

NAKA Tokenomics

When the blog was written, the circulating supply is 72,360,517 NAKA, while the maximum supply and total supply are limited to 180,000,000 NAKA. In other words, currently, 40.20% of the Maximum Supply is in circulation.

The distribution of NAKA tokens is as follows:

A total of 30.55% is allocated for sales.

Rewards: 22.2%

Team: 11.1%

Operations: 11.1%

Incentives: 8.3%

Development: 5.6%

Partnerships: 5.6%

Foundation: 2.78%

Advisors:2.78%

The Team Behind Nakamoto Games:

Chawalit Rugsasri(Tor) is the CEO of Nakamoto Games. Chawalit is also no stranger to blockchain technology and has been working at Sublime Solidity Inc since 2019, providing scaling services to projects in the Ethereum ecosystem.

Phiriyaphong Phumphoang(George) is the name of the head of the business operation (COO). In recent years, Phiriyaphong has worked as a project manager on many high-level real estate and IT infrastructure projects.

Rumchawun Keeratipitayaporn(Yam) is the project’s marketing manager (CMO). Rumchawun led digital marketing efforts at Thailand’s most prestigious online media agencies between 2014 and 2018.

The Potential of NAKA (Nakamoto Games) in Bull Run:

Thanks to its hardworking and experienced team, Nakamoto Games has great potential in the upcoming Bull Run, even in this current Bear Period. The team aims to become one of the biggest play-to-earn projects in the industry.

Currently, Nakamoto Games is receiving great interest in the community for providing high-quality games and for offering consistent income for players. The grant they received from Polygon Blockchain also drew attention to NAKA.

To see the real potential of Nakamoto Games, we can look at Enjin, Axie Infinity, Sandbox, and Decentraland, play-to-earn projects from the past Bull Run. Let’s take a look at their market value when they reached their all-time highs during the past bull run:

The market value of Axie Infinity is 9.78 billion USD, Enjin’s is 3.54 billion USD, Sandbox has reached 6.66 Billion USD, and Decentraland was 8.91 billion USD.

The current market value of NAKA is only 67 million dollars, and we can say that it is just at the beginning of its journey. We can say that NAKA didn’t showcase its full bull potential as it entered the market towards the end of the 2021 bull run, which is really important because investors generally prefer new products rather than saturated ones from the previous bull run. We know marketing is one of the most critical aspects of a project. The team behind Nakamoto Games has an experienced marketing expert (CMO).

In summary, as the Nakamoto Games team continues to develop its platform and attract new players to its ecosystem, there is no doubt that $NAKA could be one of the biggest Play to Earn projects in the next Bull Run.

This blog post is merely research content and is definitely not investment advice.

You can freely share your thoughts and comments about the topic in the comment section. Additionally, please follow us on our Telegram, YouTube and Twitter channels for the latest news and updates.

The post What is NAKA (Nakamoto Games)? appeared first on Coin Engineer.