Cryptocurrency exchange Binance has announced that it will cease spot trading activities for Bitcoin (BTC) and the Australian dollar (AUD) on June 1, according to a statement on May 26. Additionally, the exchange will cancel spot trading activity for other cryptocurrencies on the same day, including Cardano ( ADA ), Ethereum ( ETH ), Dogecoin ( DOGE ), XRP, BNB, Solana ( SOL ) and Polygon ( MATIC ) with AUD trading pairs. Binance said its users can still trade the affected assets on other trading pairs within its platform. However, it will terminate its trading bot service for the aforementioned pairings. Jinse Finance previously reported that on May 24, Binance ended its support for spot trading activities of eight Crypto assets paired with the Australian dollar.
Bank of America: Still thinks the Fed will start cutting rates in December
According to Jin Shi news, as the market digested the latest non-farm payrolls data, the dollar weakened further. Despite strong job growth in October, the U.S. unemployment rate rose, likely supporting the market outbreak as the Federal Reserve starts cutting interest rates…