{"id":1621,"date":"2024-04-30T02:22:44","date_gmt":"2024-04-30T02:22:44","guid":{"rendered":"https:\/\/cryptogoldex.com\/index.php\/2024\/04\/30\/wbtc-decouples-from-bitcoin-on-poloniex-backed-by-justin-sun\/"},"modified":"2024-04-30T02:22:44","modified_gmt":"2024-04-30T02:22:44","slug":"wbtc-decouples-from-bitcoin-on-poloniex-backed-by-justin-sun","status":"publish","type":"post","link":"https:\/\/cryptogoldex.com\/index.php\/2024\/04\/30\/wbtc-decouples-from-bitcoin-on-poloniex-backed-by-justin-sun\/","title":{"rendered":"WBTC decouples from Bitcoin on Poloniex, backed by Justin Sun."},"content":{"rendered":"<p>At the time of writing, WBTC is trading at a 22% discount to BTC, indicating a value of approximately $48,738 within the pair\u2019s framework. WBTC\u2019s trading activity on Poloniex abruptly ceased on Mar. 26, with no trading activity changes since then.<\/p>\n<p>At the time of writing, neither Poloniex nor Justin Sun has issued any public statements on the matter. The current trading value of WBTC in relation to BTC suggests a significant discount, with WBTC trading at around $48,738 within this pairing framework. This discrepancy has raised concerns, particularly due to a sudden halt in WBTC&#8217;s trading activity on Poloniex since Mar.<\/p>\n<p>26. Furthermore, there has been no public communication or statements from Poloniex or Justin Sun regarding this situation. This information points to a potential issue within the WBTC trading environment, as the disconnect in trading value and the sudden cessation of trading activity on Poloniex is currently unaddressed by the relevant parties.<\/p>\n<p>The lack of public statements adds to the uncertainties surrounding this matter and raises questions about the reasons behind these developments.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>At the time of writing, WBTC is trading at a 22% discount to BTC, indicating a value of approximately $48,738 within the pair\u2019s framework. WBTC\u2019s [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":1620,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[498],"tags":[],"class_list":["post-1621","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency-trading-discrepancy"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/posts\/1621","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/comments?post=1621"}],"version-history":[{"count":0,"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/posts\/1621\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/media\/1620"}],"wp:attachment":[{"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/media?parent=1621"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/categories?post=1621"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/tags?post=1621"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}