{"id":100002,"date":"2024-11-19T10:14:04","date_gmt":"2024-11-19T14:14:04","guid":{"rendered":"https:\/\/coinscreed.com\/staging\/?p=100002"},"modified":"2024-11-19T10:15:17","modified_gmt":"2024-11-19T14:15:17","slug":"binance-announces-major-shib-ada-floki-update","status":"publish","type":"post","link":"https:\/\/coinscreed.com\/staging\/binance-announces-major-shib-ada-floki-update\/","title":{"rendered":"Binance Announces Major SHIB, ADA, FLOKI, and HBAR Update\u2014What Next?"},"content":{"rendered":"\n

Binance announced major changes to futures trading<\/a> for Shiba Inu (SHIB), Cardano (ADA), FLOKI, Hedera (HBAR), and other crypto.<\/p>\n\n\n\n

\"Binance<\/figure>\n\n\n\n

Binance Futures has rolled out significant updates for popular USD-M perpetual contracts, including Shiba Inu (SHIB), Cardano (ADA), FLOKI, and Hedera (HBAR). <\/p>\n\n\n\n

These updates introduce revised leverage and margin tiers, aiming to enhance trading flexibility and support diverse user strategies.<\/p>\n\n\n\n

Binance Updates SHIB, ADA, FLOKI, and HBAR Contracts<\/h2>\n\n\n\n

On November 19, Binance announced adjustments\r\n \r\n \r\n \r\n <\/g>\r\n \r\n \r\n \r\n <\/clipPath>\r\n <\/defs><\/svg><\/span><\/a> to the leverage and margin options for various USD-M perpetual contracts, including pairs like SHIB\/USDT, ADA\/USDT, and FLOKI\/USDT. <\/p>\n\n\n\n

These changes aim to promote market stability by refining leverage levels based on position sizes, affecting both retail and institutional traders.<\/p>\n\n\n\n

For ADA\/USDT contracts, positions below $10,000 will retain leverage of 51-75x with a 0.50% maintenance margin rate. <\/p>\n\n\n\n

For positions between $10,000 and $50,000, leverage has been lowered from 41-50x to 26-40x, while the margin rate remains at 1.00%. <\/p>\n\n\n\n

Similar modifications have been applied to SHIB\/USDT and other contracts, impacting their leverage and margin structures.<\/p>\n\n\n\n

Binance, the leading global cryptocurrency exchange, emphasized that these updates aim to balance risk exposure. <\/p>\n\n\n\n

The exchange advised traders to review the new leverage tiers to ensure their positions are aligned with the changes. Importantly, existing positions opened before the update will remain unaffected.<\/p>\n\n\n\n

Market Impact on Key Tokens<\/h2>\n\n\n\n

Following Binance\u2019s announcement, several tokens experienced notable price movements:<\/p>\n\n\n\n

    \n
  • SHIB<\/strong> is trading at $0.00002551, up 4% within 24 hours. Its daily range has been $0.00002415 to $0.00002562.<\/li>\n\n\n\n
  • ADA<\/strong> rose 3% to $0.74, extending its weekly rally to 30%.<\/li>\n\n\n\n
  • HBAR<\/strong> has surged 160% in the past week to $0.14, with a 25% increase in the last 24 hours. Trading volume for HBAR has climbed 125% within the same period, fueled partly by speculation surrounding HBAR Foundation board member Brian Brooks as a potential candidate for US SEC Chair.<\/li>\n\n\n\n
  • FLOKI<\/strong> gained 1% over the past 24 hours, trading at $0.0002532. However, trading volume for FLOKI has declined by 38%. The token's momentum follows the announcement of a major marketing campaign in India and its recent listing on Coinbase.<\/li>\n<\/ul>\n\n\n\n

    These updates and associated market reactions highlight the cryptocurrency sector's growing interest and strategic positioning.<\/p>\n","protected":false},"excerpt":{"rendered":"

    Binance announced major changes to futures trading for Shiba Inu (SHIB), Cardano (ADA), FLOKI, Hedera (HBAR), and other crypto. Binance Futures has rolled out significant updates for popular USD-M perpetual contracts, including Shiba Inu (SHIB), Cardano (ADA), FLOKI, and Hedera (HBAR). These updates introduce revised leverage and margin tiers, aiming to enhance trading flexibility and […]<\/p>\n","protected":false},"author":56,"featured_media":100007,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21],"tags":[326,20066,21508,20067,22885,17838],"class_list":["post-100002","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-binance","tag-bonk-bonk","tag-cardano-ada-price","tag-floki-inu-floki","tag-pnut","tag-shiba-inushib"],"jetpack_featured_media_url":"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2024\/11\/Binance-Announces-Major-SHIB-ADA-FLOKI-and-HBAR-Update.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/100002","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/users\/56"}],"replies":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/comments?post=100002"}],"version-history":[{"count":0,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/100002\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media\/100007"}],"wp:attachment":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media?parent=100002"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/categories?post=100002"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/tags?post=100002"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}