Cryptocurrency

Moonriver

Bitcoin

Cryptocurrency exchange <a href="https://en.coin-turk.com/binance-ceos-bull-statement-and-analysis-of-cryptocurrency-lawsuits/" data-wpel-link="internal">Binance</a>‘s futures arm, Binance Futures, has added another altcoin to its supported futures trading list. The major cryptocurrency exchange recently announced that it will initiate futures trading for Moonriver (MOVR). Following the announcement, the price of MOVR began to rise. 
<h2 style="text-align: justify" id="strong-binance-initiates-futures-trading-for-movr-strong">Binance Initiates Futures Trading for MOVR</h2> 
Binance Futures announced that it will launch futures trading for MOVR with up to 50x leverage. Accordingly, futures trading for the altcoin will start today at 15:30 TRT. 
The maximum funding rate for the MOVRUSDT futures contract to be listed on Binance Futures has been set at the standard rate of +2% / -2%. 
<h2 style="text-align: justify" id="strong-futures-trading-announcement-pushes-altcoin-s-price-upward-strong">Futures Trading Announcement Pushes Altcoin’s Price Upward</h2> 
As is known, the start of futures trading for an altcoin by Binance often has a positive impact on the price of that altcoin, triggering a strong rally. It was no different for MOVR, as the price of the altcoin trended upwards following the exchange’s futures trading announcement. 
<img loading="lazy" loading="lazy" decoding="async" class="aligncenter size-full wp-image-293932" src="https://coin-turk.com/wp-content/uploads/2023/12/Binance-Moonriver-MOVR-Altcoin.jpg" alt="" width="1624" height="792"> 
Before the announcement, MOVR, which was seen to be moving downward due to a pullback in the largest cryptocurrency, <a href="https://en.coin-turk.com/bitcoin-sees-formation-for-major-rise-analyst-says/" data-wpel-link="internal">Bitcoin</a> (BTC), rose from $31.28 to $33.54 following the announcement. 
As of this writing, MOVR is trading at $33.51, up 2.36% in the last 24 hours. Data reveals that the altcoin’s price has surged by 401.87% over the last 7 days and by 397% over the last 30 days. Continue Reading: <a href="https://en.coin-turk.com/binance-launches-futures-trading-for-moonriver-movr/" data-wpel-link="internal">https://en.coin-turk.com/binance-launches-futures-trading-for-moonriver-movr/</a>

Binance Launches Futures Trading for Moonriver (MOVR)

Tabla de contenidos

COINTURK NEWS

Otros artículos publicados el 26 dic 2023

Harmony To See Redemption? Analyst Predicts Meteoric 650% Rise For ONE Token

5 Cryptos to Watch as the Year Ends: DOT, VET, OCEAN, AVAX, WOO

$170 Million of Solana (SOL), Bitcoin (BTC) and Ethereum (ETH) Liquidated Amid Crypto Flash-Crash

Major Resignations at Grayscale Amidst Crypto Market Movements

Dogecoin (DOGE) to Surpass $1 in 2024?

Unveiling the Titans: 10 Powerhouses Shaping the AI Hardware Revolution

¡Únete a nuestro boletín gratuito para recibir actualizaciones diarias de criptografía!