Stablecoins continue to generate a fair few headlines. Binance has indicated it aims to launch potentially multiple of those currencies in the coming years. Before the company can do so, it needs regulatory approval. Another Stablecoin Enters the Market Regarding its USD-backed stablecoin, that approval is now in the pocket. […]
Tag: Binance
Binance Invests in Crypto Derivatives Platform FTX
Binance is already the biggest cryptocurrency exchange in the world. It appears that the company will keep improving its presence across different industries. By investing in a derivatives platform, an interesting decision has been made. FTX is a hot Commodity Very few details are known about the deal at this […]
Users Report how Margin Trading on Binance Doesn’t Always Work
Being the most popular cryptocurrency exchange in the world is a blessing and a curse. Binance currently faces some serious allegations regarding its margin trading features. A lot of crypto traders aim to leverage their position. Margin Trading on Binance Seems Spotty In doing so, they can increase potential profits, […]
Weibo Cracks Down on Binance and the Tron Foundation
There are some very unusual things happening in the cryptocurrency space. Governments all over the world continue to scrutinize any company engaging in this type of activity. In a recent turn of events, the Weibo accounts of some cryptocurrency projects have been blocked. An Odd Decision by Weibo Weibo, a […]
Binance Aids UK Authorities in Identifying a Darknet Criminal
Cryptocurrency exchanges and other service providers play a major role of importance. Not only are they the gateways to this industry, but they can be powerful allies for law enforcement agencies around the globe. Binance, the world’s largest crypto trading platform, has recently aided UK authorities to identify and arrest […]
Monero, Cardano and Binance Coin Cryptocurrency Analysis and Prediction for August 27th: XMR, ADA, and BNB
Monero Price Analysis (XMR/USD) The weak market condition of the Monero coin has ravished its capability to record a bullish market performance. On an intraday chart, XMR/USD pair has exhibited a bearish outlook. Notably, analysts anticipate further downside move. According to them, the XMR/USD pair may continue to suffer as […]
Bitcoin, Bitcoin Cash, and Binance Coin Price Prediction and Analysis for August 17th: BTC, BCH, and BNB
Bitcoin Price Analysis (BTC/USD) On an intraday chart, the price of BTC/USD pair has further dipped from the previous price of 10473.00 and is currently changing hands at $9917.57 that translated to an intraday dip of 5.3%. The bulls seemed to have lacked the means or strategy to pull up […]
Stellar, EOS and Binance Coin Price Prediction and Analysis for July 17th; XLM, EOS, BNB
Stellar Price Analysis (XLM/USD) On an hourly chart, XML/USD pair continues the downwards pressure. The downtrend was buttressed by the 21 day MA that gravitated above the 7 day MA that signaled a bearish outlook. XLM has down surged by 4.6%, having begun trading at $0.08982 and is currently at […]
4 Notes on Why Bitcoin is Tokenized on Binance Chain
There has never been a shortage of curious developments which put an interesting sin on cryptocurrency projects. Binance, the world’s leading trading platform, is issuing new tokens on its native blockchain. Said tokens will be pegged to leading cryptocurrencies and are all proposed for trading on the Binance DEX platform. […]
3 Major Indicators the Altcoin Season Might Skip a Year
It has been a very interesting week for Bitcoin in the price department. The same can’t always be said about the altcoins, as they need a bullish Bitcoin to note any real gains of their own. This week, it became apparent that some of the bigger exchanges will introduce drastic […]
BNB Down, Binance Markets Tank on US Exclusion
The relationship between cryptocurrency exchanges and regulators have historically represented a precarious one. As the space continues to grow and mature, regulators are taking an increasingly active and firm approach to the compliance and cooperation of exchanges. Binance is the most recent player affected by this dynamic. Early this morning, […]
4 Additional Notes Regarding Binance Issuing Stablecoins
About a week ago, it became apparent Binance was in the process of issuing its own stablecoin. While not too much was known about the project at that time, it seems a lot of things have changed in a short amount of time. Some of the initial remarks are no […]
4 Crucial Aspects Regarding the Binance Stablecoin Project
Stablecoins have begun playing an increasing role of importance in the cryptocurrrency world. That is only normal, as these digitized forms of fiat currency are easy to trade across the major exchanges. Binance has been working on its own stablecoin project for some time now, primarily because they want to […]
TrustED to Become Binance Chain First ICO Offering
Blockchain Platform for transparent academic credentials verification system, TrustEd has announced a recent partnership with cryptocurrency Exchange giant, Binance. The partnership will pave the way for TrustEd to become the first ICO offering to be launched on Binance Chain. TrustED’s initial focus was to build its innovative platform on Ethereum […]
Binance Resumes Normal Operations With A $1.3M Community Binance Coin (BNB) Giveaway
After the $40 million hack last week, Binance has finally resumed withdrawals and deposits. Yesterday, the cryptocurrency exchange announced that it will be performing a system upgrade after which both deposits and withdrawals will be enabled. The official announcement titled “System Upgrade Notice” stated: Binance will suspend deposits, withdrawals, and trading […]
Bitcoin Price Watch: Bitcoin Hits $7,000 Despite Binance Hack
At press time, the father of cryptocurrency is trading for roughly $7,000. This is the first time in nearly a year that bitcoin has hit such a mark, and it is stellar news for most enthusiasts and crypto traders. Negativity Can’t Stop the Price from Growing Early on Sunday morning, […]
Beaxy The Binance Killer?
Competition in the world of cryptocurrency exchanges is always beneficial. Numerous platforms have come into existence over the past few years, yet Beaxy is trying to bring some much-needed competition to the table. In fact, it might be able to rival Binance in many different ways. What is Beaxy About? […]
The Bitfinex Scandal Continues: Is Binance Tanking Tether to Launch Its Own Stablecoin?
It has been one of the dominating revelations in recent times for the crypto industry. The $850 million Bitfinex-Tether scandal has grabbed all the headlines in the past month. Since the New York Attorney General announced an investigation into the two firms, the industry has waited with bated breath to […]