News View Non-AMP

Binance CZ Shuts Down Delisting Rumors – Is ETH Crashing to $1500?

Published by
Mustafa Mulla

Ethereum, the second-biggest cryptocurrency, has seen its price fall nearly 13% after briefly touching $2,100. The drop comes as panic spreads over rumors that Binance might remove Ethereum from its platform. However, Binance’s former CEO, Changpeng Zhao (CZ), has shut down these claims, calling them completely false.

Binance’s New Listing Model Causes Confusion

The controversy started when Binance introduced two new community-driven features: ‘Vote to List’ and ‘Vote to Delist.’ These allow users to vote on which tokens should be added or removed from the platform.

Soon after, false news spread that Binance was planning to remove Ethereum. This sparked panic among investors, especially Binance users. Many feared that such a move could negatively impact ETH’s price. 

CZ quickly responded, stating that anyone who believes the delisting rumors “deserves to be poor.” His comment was meant to assure the community that Ethereum remains supported by Binance.

Ethereum Price in Trumoil

Despite CZ’s clarification, Ethereum’s price has continued to drop. The cryptocurrency recently lost its support level at $1,900, and analysts now warn that it could decline further. If the downtrend continues, ETH may test the $1,750 level soon, and some experts even predict a possible drop to $1,500.

Still, some traders see this dip as a buying opportunity, if buyers step in around $1,500, ETH could regain strength and make another attempt to break the $2,000 resistance level. 

At the moment, the Relative Strength Index (RSI) is below the neutral 40 mark, indicating that sellers have control. 

Mustafa Mulla

Mustafa has been writing about Blockchain and crypto since many years. He has previous trading experience and has been working in the Fintech industry since 2017.

Recent Posts

Where to Buy Influencer Pepe Before It Hits Major Exchanges!

A new meme coin that is gaining significant attention in the cryptocurrency market is Influencer…

March 31, 2025

Bitcoin (BTC) Drops Toward Range Lows While Whales Accumulate a New Token Priced at $0.025

While Bitcoin hovers near its recent range lows, a quiet shift is taking place in…

March 31, 2025

Dogecoin is Facing Rising Bearish Threat as It Drops Toward $0.16: Will Buyers Bounce Back?

Dogecoin has experienced a significant decline in the past few hours, facing a sharp selloff…

March 31, 2025

ICB Labs Expands Global Presence with Strategic Partnerships, Staking Opportunities, and Upcoming DEX Launch

ICB Labs continues its global expansion, strengthening its blockchain ecosystem through strategic collaborations, enhanced staking…

March 31, 2025

Best Crypto to Invest in if You Want Become A Crypto Whale: Top 3 Crypto Investments of 2025

Are you a crypto newbie who wants to become a crypto whale? If so, you've…

March 31, 2025

Remittix Raises Over $14 Million in Record Time as Presale Is Predicted to Be the Best of 2025

The crypto landscape has been stunned by the rapid success of Remittix which obtained over…

March 31, 2025