The previous weekend has been kind to Bitcoin (BTC), allowing its price to hit a new all-time high (ATH) at $28,288. However, as the new week started, the leading cryptocurrency started seeing a strong correction that already took it to $26,600. Meanwhile, Binance Coin (BNB) approaches its previous ATH, promising to make a new record. […]
Mettalex, a decentralized token-based derivatives exchange focused on commodity markets, announced today the launch of its smart contracts on Binance Smart Chain, improving the flexibility, interoperability, and scalability of the platform. Founded with the vision to bring the $20 trillion commodities market on-chain, Mettalex aligns the financial incentives of physical asset holders, traders, and liquidity […]
Bitcoin’s much-anticipated break past $20,000 caused a spike in crypto exchange traffic. Both Binance and Coinbase suffered technological issues on Wednesday — the same day Bitcoin (BTC) crossed the $20,000 price threshold for the first time. Binance related its issues to the number of people surfing the exchange. Changpeng Zhao, or CZ, Binance’s CEO, tweeted […]
Binance DeFi integration causes a spike in network activity while creating interest in Binance Coin. BNB seeks support after rejection at $34; the buyer congestion at $28 to come in handy. Binance Coin dived to lows of $6.4 following the Black Thursday crash in March. The majority of markets around the globe were feeling the […]
Researchers reportedly traced bitcoin sent as payments to Ryuk ransomware controllers and found a good portion passed through Binance.
Many believe that the next catalyst for Bitcoin’s growth will be its positioning as a “safe haven” asset that investors turn to protect their capital from shrinking due to inflation and economic turbulence. Although there’s no doubt that Bitcoin is fundamentally positioned to fit this role, it remains somewhat unclear as to whether or not […]
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Bitcoin has been denounced for its extremely volatile and unstable nature. However, recent data says otherwise as it highlighted Bitcoin’s low volatility. Binance’s CZ went on to endorse BTC for being stable. Is Bitcoin Defying Its Volatility Standards? The crypto-verse has been anticipating the price of Bitcoin to breach the 10K zone. However, the king […]
Binance is looking to consolidate more bitcoin mining hashrate to its pool in Russia and the Central Asia region.
A report released by crypto exchange Binance illustrates how scams targeting cryptocurrency investors attempt to gain credibility. A report released by major crypto exchange Binance illustrates how scams targeting cryptocurrency investors attempt to gain credibility. In the report published on June 30, the exchange explained that its Binance Sentry risk investigation service observed reports of […]
BitMEX firmly leads the market when it comes to Bitcoin futures OI, with Binance in second place, according to new data from Bybit. Derivatives giant BitMEX and cryptocurrency exchange Binance are the Bitcoin (BTC) industry’s biggest — when ranked by open interest (OI). According to updated rankings from exchange Bybit, as of May 19, the […]
Traders claim that their Bitcoin shorts were unfairly cut on Binance Futures, but the process is called auto-deleveraging, and here is why it happens. As the Bitcoin (BTC) price abruptly dropped from $9,500 to $8,100, some traders on Binance claimed that their winning short trades were unfairly cut short. A trader named AthenaBank wrote on […]
“Wherever I sit, is going to be the Binance office,” says Changpeng “CZ” Zhao.
Binance launches the beta version of its mining pool and offers the lowest fees amping up the competition in the space according to their CEO. Changpeng Zhao, the CEO of Binance tweeted, The first block ever mined by the @Binance Mining Pool. Still in closed-beta. Going live soon. As always, LOWEST FEES of any mining pool. The […]
Binance unveiled plans for a new smart contract blockchain, which could compete with Ethereum, while MicroBT looks to beat rival Bitmain to market.
Malta-based cryptocurrency exchange Binance on April 3, 2020, hinted that it could soon add support for options trading on the platform. Binance Gearing to Introduce Options Trading? In a rather cryptic tweet on April 3, Maltese cryptocurrency exchange Binance hinted that it would soon be ready to release options contracts trading for its users. The […]
Leading crypto exchange company Binance, today announced that it has acquired CoinMarketCap (CMC), the world’s most-referenced crypto asset data tracking site, for an undisclosed sum. CoinMarketCap will continue to be run as an independent business entity. “The core DNA of CoinMarketCap is strongly aligned with Binance’s ethics and culture, from its integrity to its value […]
Twitter bot Whale Alert reported that 5,500 Bitcoin was moved from an unknown wallet to Binance, prompting fears that the transaction might lead to a significant drop in BTC price. $33.8M Worth of BTC Moved from Unknown Wallet to Binance On March 29, about $33.8 million worth of Bitcoin left an unknown wallet to reach […]
In an announcement dated March 24, 2020, the privacy-centric web browser Brave announced that it had partnered with cryptocurrency exchange Binance to integrate the latter’s widget to grant users direct access to Binance and Binance.US’ sites. Brave Integrates Binance Widget In a major move to boost the use of cryptocurrencies among its enviable user base, […]
Amid activity and bulk movement of coins to leading cryptocurrency exchanges, Binance Coin (BNB), Huobi Token and OKEx coin haven’t been spared from bears. Exchange Coins—Binance Coin, Kyber Network (KNC), OKEx coin (OKB); Falling. BNB, HT, OKB Market Performance On average, these coins are down 10%. BNB and Kyber Network (KNC) are both down 10%. […]
A small bitcoin sell order placed on Binance failed to garner favorable bids from buyers, leading to an unexpected price drop of circa $100. First noted by Hsaka, a prominent crypto analyst, trader(s) opened a 300 BTC sell order on the Malta crypto exchange at around 11:05 UTC. But the position didn’t close at the […]
In an announcement dated February 21, 2020, Malta’s financial regulator, the Malta Financial Services Authority (MFSA) stated that it has never approved major cryptocurrency exchange platform Binance to operate in the island nation. Binance Not Authorized by the MFSA In a startling announcement on Friday, Maltese financial watchdog MFSA announced that it had never authorized […]