In a move that has caught the attention of cryptocurrency enthusiasts and traders alike, Binance, one of the world's leading cryptocurrency exchanges, has announced the listing of Ordinals (ORDI). According to information received from external sources, Binance will introduce ORDI to its platform with trading pairs including ORDI/BTC, ORDI/USDT, and ORDI/TRY becoming available from November 7, 2023, at 10:00 UTC. Users have been given the green light to deposit ORDI in anticipation of trading activities. Moreover, withdrawals for ORDI are slated to commence on November 8, 2023, at 06:30 UTC. In an unprecedented move underscoring Binance’s confidence in the new asset, the listing fee for ORDI has been set at 0 BNB. Promotional Deposit Activity and Margin Pair Addition
The central banks of Canada, England, Japan, Switzerland, and the European Central Bank, along with the US Federal Reserve, announced today a coordinated action to improve the provision of dollar liquidity through standing credit lines. But what does this mean? The Federal Reserve System (FED) supplies most of the money abroad through "dollar liquidity credit lines." Essentially, it lends dollars for a fixed period to foreign central banks and accepts their local currencies at market exchange rates. At the end of the loans, the FED exchanges the currencies back at the original exchange rate and collects interest.
