Hello everyone I hope you are doing fantastic these days. You know Cardano and Polkadot are not small projects and these tokens are the big tokens. If a big exchange like Binance delists tokens like these then this is bad news for everyone because it can impact the overall cryptocurrency market. So we are going to discuss it in this post. The second update is negative and positive too and it is fednow payment launch so we are going to talk about both updates but let's discuss the BTC price first.

There are many chart patterns and fundamentals that confirm that we are entered a positive market but it is shocking to see that some people are still expecting that BTC will come down to 10k bottom level which is impossible. Maybe they are giving this statement because Bitcoin is not breaking the resistance level around 31k. Anyway, when it comes to the multiple Exchange Traded Fund (ETF) applications then It will take time to approve ETF but when ETF approval starts, We will see a huge rally and then there will be after BTC halving rally as well. So I think this time, the bull season will be massive but this is just speculation. However, this is not guaranteed that SEC will approve the ETF. So we have to wait for it that how things will play out.

Binance Futures will discontinue support for ADA and DOT

So they are not delisting from the spot market but it is for the Binance futures in multi-assets mode but still, we consider this as bad news. And it seems like Binance not getting profit for them. This is going to happen in the next 27 July. Even if you do not convert your fund before the 27, It will be automatically converted into USDT according to the live price. So if your funds are there then you don't need to take a tension.

This is shocking that even big tokens not surviving in binance. Anyway, this is not for the spot traders but it is only for the margin and futures traders.

Federal Reserve launches 'fednow' instant payment system

This can be good and bad news for the crypto. Federal Reserve launched the Fednow payment system to give competition to crypto. And many banks are joining this as well as 15 to 16 institutions are joining this platform. This is the parallel to crypto however banks want to use XRP and XLM but it is not getting approval. Now we have to see how it is going to work and that is why we can't say anything about this.

So I wanted to give this major update to you. What do you feel about this information? answer in the comment. also, share this post on social media

Thank you, everyone.

Lucky Ali

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		Hi I am lucky ali from gujarat, india. I am a crypto enthusiast, blogger, and SEO developer. I am always interested to learn new things and getting new experiences. You can find me on hive, twitter and discord (Lucky Ali#6343). Sharing is caring, Thank you hive family ♥

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