Major crypto exchange giant Binance has announced that it is launching a new perpetual contract product through its futures trading platform – Binance Futures. The new contract, which pairs EOS with Tether’s USDT is the platform’s fifth one.According to an official announcement on the Binance website, the new contract launched at 8:00 AM (UTC) on Wednesday, January 8. Also, Binance Futures is offering users up to 75x leverage.Binance also put a pricing limit of ±1% on the mark price, to...
Read More »Lumi Wallet Recalls 2019: EOS, Dapps, Credit Card Payments and a Special Holiday Offer
Place/Date: - December 28th, 2019 at 9:49 am UTC · 4 min read Contact: LUMI, Source: LUMI Photo: LUMIThis was a hot year for crypto, with BTC surging up from the pit it was in at the beginning of the year to a stable $7-8k by the end, rapidly developing altcoins and the rapt attention of governments and users. It is early to speak about mass adoption, but the fact that crypto is in our lives to stay is undeniable.Lumi Wallet wasn’t an exception as 2019 was a challenging and productive year...
Read More »Job Losses and Indirect Finances: The “Darker Side” of Ethereum?
No doubt Ethereum (ETH) is a hardcore crypto asset that’s not to be messed with. It’s the second-largest cryptocurrency by market cap, and it holds its ground over the likes of Ripple (XRP), bitcoin cash (BCH), EOS (EOS) and Litecoin (LTC).Ethereum Still Has Some IssuesBut even top products and companies appear to suffer from time to time, and Ethereum is no exception. The company recently announced that it was having to cancel out several jobs in both the Philippines and India. While it’s...
Read More »OKEx Introduces Bitcoin Options Trades for a Few Clients Before January Launch
OKEx crypto exchange officially announced the launch of Bitcoin options trading for a chosen few clients. This has happened ahead of a public launch on January 9, 2020. In a December 26 press release, the third-largest crypto exchange by daily trading volume worldwide has confirmed that the new contract will be settled daily in Bitcoin.Increasing Hedging Strategies Options for OKEx TradersAn options contract is a popular derivative that lets traders hedge against asset price swings in all...
Read More »Vitalik Buterin and CZ Want to Have Censorship-Resistant Platform for Crypto Community
A few days ago we reported about the YouTube crypto ban. It has turned out that the biggest video sharing platform moved, deleted or banned some videos related to crypto. Hell, it deleted the whole groups connected to it, as well as the users’ profiles.However, the force is strong in the crypto community and it has been proven once again. Just a day after it was reported YouTube removed what it said was “harmful or dangerous content”, the crypto community went wild. And, as we already...
Read More »Crypto Price Analysis December 25: BTC, ETH, LTC, EOS, BCH
Dmitriy Gurkovskiy, a senior analyst at foreign exchange broker RoboForex, shares his insights into the future scenarios for Bitcoin price movement as well as possible price swings of major altcoins.On all the assets discussed below, reversal patterns are forming on the smaller timeframes. If the bulls manage to push the quotations above the nearest resistance levels, we can expect the beginning of good growth. For the Bitcoin, it is enough to secure above $7700, which may provoke growth to...
Read More »Commun Is Launched to Start New Wave of Social Media Decentralization
Social network Commun, a fork of Steemit—a decentralized social media network that looks like Reddit, which is created on Web3 technologies base, announced it has successfully launched its mainnet for online communities.The platform is composed of Decentralized Autonomous Communities (DAC) and it is made to act as a web, Android, and iOS portal. Through this, the users can assemble different interest-based forums and groups to share, read, watch, rank, and discuss content with others.Commun...
Read More »Ponzi or Pumped? Controversial TRON Dapp Racks up 500 Million TRX
TRON’s Just.Game becomes No.1 Dapp within hours of launch. Over 500 million in TRX has been sent to the automated smart contract. Critics say the app’s structure too closely resembles that of a Ponzi scheme. A new decentralized application (Dapp) promoted by TRON founder Justin Sun has racked up over 500 million TRX mere hours after its launch. Just.Game describes itself as an “autodecentric (self-decentralizing) organization.” To play the “game,” a user must send TRX to the Dapp’s smart...
Read More »Blockchain Analyst Arianna Simpson Predicts Staking Market Centralization
According to Arianna Simpson, founder and managing partner at ASP, Binance just increased the heat on the staking market. It offers 0% staking fees for the XTZ fans, a week after Coinbase‘s announcement of XTZ support. This is the beginning of a staking war, where centralized players take operational costs on themselves and achieve brand recognition, new clients and centralization of the future market.1/ Coinbase adds automatic staking for XTZ, and less than a month later, Binance introduces...
Read More »Bitcoin Price Is to Hit $250K after Halving, Says Tim Draper
After this week was pretty bearish for Bitcoin, it finally turned its way upwards. Some of the merits go to the crypto derivatives platform ErisX that started with its physically settled Bitcoin futures contracts, launching only the second such product suite in the U.S. However, only after Wednesday it went above the $7,000 mark. At the time of writing, it is trading at $7,179 that came as a welcome change that brought a dash of optimism among traders and analysts.With sentiment going up and...
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