Here are WRX’s recovery odds from $0.10 after Binance delisting

AMB Crypto 11 months ago 212

Binance’s delisting of WRX reflects unresolved disputes and regulatory risks, causing a 56% price crash.
Market metrics confirm WRX’s bearish trend, with oversold RSI and critical support nearing $0.0869.

In a dramatic turn of events, Binance’s decision to delist WazirX [WRX], Kaon [AKRO], and Bluzelle [BLZ] has led to a sharp decline in their values, with WRX plunging 56% at press time to $0.1006.

The fallout from this announcement extends beyond price action, shining a spotlight on the unresolved Binance-WazirX dispute and raising questions about regulatory risks tied to these tokens.

What happened between Binance and WazirX?

The Binance-WazirX relationship has been controversial since Binance claimed to acquire WazirX in 2019, only to deny full ownership in 2022.

The conflict escalated after regulatory scrutiny of WazirX in India, leading to allegations of money laundering and $235 million in h...

BitRss shares this Content always with

License.

Read Entire Article

Screenshot generated in real time with SneakPeek Suite

Search Crypto News

The latest Top News, only from Leading exponents of BlockChain, Bitcoin, Altcoins and different Accredited Crypto Currency Sources.

Since 2015, our Mission was to Share, up-to-date, those News and Information we believe to represent in an Ethical and sincere manner the current Crypto Currencies World: everything you are looking for, in one place!

We have always tried to give priority to the News and the Sources; for this reason we have designed this New Version of BitRss.com with a clean and simple Style, usable by all Devices, fast and effective. Our exclusive Algorithm, in addition to filtering (a lot..) sponsored content of dubious interest, Lists the News, in Chronological order of Publication on the Internet, allowing our Users to Follow the Flow of Articles in a fast and intuitive way.

You can also check the Cryptocurrency Price in Real Time directly in the shared Articles (the TAG's highlighted in green), which allows you to Learn more about the Market Trend of that particular Coin with many other related information. Each content includes always a Screenshot of the Article's Source.