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Justin Sun’s BitTorrent Introduces Binance USD (BUSD) As A Payment Option

BitTorrent Inc users can now purchase goods and memberships on the platform with the USD-backed stablecoin of the leading cryptocurrency exchange Binance – BUSD.BUSD And BNB Changes On BitTorrentIn a press release shared with CryptoPotato earlier today, the popular decentralized peer-to-peer company announced the introduction of the newest cryptocurrency asset on its platform – Binance’s USD-backed stablecoin (BUSD).This becomes possible with the assistance of the integrated payment gateway...

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Dogecoin Price Continues to Soar as Internet Users Search for ‘How to Buy Dogecoin’

After the viral TikTok video DOGE is on the rise. Currently, it is the 26th largest cryptocurrency by market cap. Dogecoin price has increased by nearly 15% within 24 hours.After attracting many people in the past week, Dogecoin (DOGE) is still rousing the crypto sector. The recent growth in the Dogecoin price is a result of a viral TikTok video, posted by a James Galante. The trending video has gained over 6,000 likes in less than 24 hours and is approaching 6,000 comments. In the video,...

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Facebook Top Manager wechselt zu Bitcoin-Börse und Wallet Coinbase

Foto: Facebook Zürich Was früher die Wallstreet und dann die IT-Branche war, ist heute die Bitcoin-Branche. Es ist „The Place to be“. Top Manager wechseln zu Bitcoin-Unternehmen: Paul Grewal wechselt aktuell zu der Kryptobörse Coinbase. Der ehemalige Bezirksrichter in Kalifornien sowie stellvertretender Facebook-Justiziar nimmt einen Platz in der Rechtsabteilung der...

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Breaking: Leading US Exchange Coinbase Prepares For a Stock Market Listing

The leading US-based cryptocurrency exchange and one of the biggest companies in the industry, Coinbase, reportedly prepares for an official stock market listing.Coinbase Prepares for Stock Market ListingAccording to a report filed by Reuters minutes ago, the leading US-based cryptocurrency exchange, Coinbase, has started making preparations for a stock market listing.Should the procedure be a success, Coinbase will become the very first major US cryptocurrency exchange to go public and it...

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GILD Stock Lost 1% Yesterday, Gilead Starts Early-Stage Trial for Its Remdesivir Drug

Gilead Sciences (GILD) stock is slightly down despite the progress that the company made in testing of its remdesivir drug that can be used as the coronavirus treatment.Shares of Gilead Sciences Inc (NASDAQ: GILD) slightly dropped yesterday despite the company announcing advancement in its race for a COVID-19 treatment. GILD shares closed the market on July 8, 2020, at $75.61 after shedding 1.06% per share. Gilead announced on Wednesday that it started Phase 1a of a clinical study to test an...

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With The Latest TikTok Pump, Binance and OKEx Invite Their Traders To Short Dogecoin (Doge)

Following the latest impressive pump in the price of Dogecoin, largely attributed to the influx of TikTok-inspired traders, two major exchanges have added perpetual futures contracts for the coin. This allows users to essentially short DOGE with very high leverage.Dogecoin Receives The SpotlightAs CryptoPotato reported yesterday, Dogecoin surged by over 100% in less than a couple of days.The reason for this pump, however, doesn’t hide in complex technical analysis or improving fundamentals....

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Tesla Stock Surge Brings Elon Musk Closer to $1.8 Billion Payout

In the past seven trading sessions, Tesla stock has jumped by 40%. Yesterday, Tesla stock closed at $1,365.88 per share, in the pre-market today, it is 1.66% up. Tesla Inc (NASDAQ: TSLA) CEO Elon Musk is floating on a cloud: due to Tesla stock’s take-off, he has not only topped several billionaires including MacKenzie Bezos and Charles Koch on the rich list but also come closer to a big payout potentially worth $1.8 billion.Back in 2018, Elon Musk received Tesla’s performance-based...

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Nvidia (NVDA) Stock Up 3% as It Beats Intel as Most Valuable Chipmaker in U.S.

Nvidia now is the most valuable chipmaker in the U.S. Being boosted by the news, NVDA stock price is moving higher.Nvidia Corporation (NASDAQ: NVDA) stock is in green. The positive tendency is attributed to the fact that the chipmaker surpassed Intel Corporation (NASDAQ: INTC) to become the most valued chipmaker in the United States.Nvidia (NVDA) stock closed at 3.49% higher yesterday. This puts its market capitalization at $251.31 billion. Intel market cap is $248.15 billion. The stock price...

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If 2020 is The Year of DeFi, When Will Ethereum Benefit?

There is no doubt that the hottest thing in the crypto industry at the moment is decentralized finance. However, Ethereum as its foundation still hasn’t caught up.Another day has heralded another all-time high for the total dollar value of collateral locked up in DeFi markets. That milestone has just hit $2.15 billion as more investors lock up their crypto, according to Defipulse.com.The Year of Decentralized Finance (DeFi)In less than a month, the amount of collateral locked into smart...

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Open Interest on Binance Futures Up 180% in June Despite Lower Trading Volume

Binance Futures traders held more open positions in June compared to May, even though trading volumes declined month-on-month. Open interest on Binance Futures rose 180% in June compared to May, from 220 million USDT to 580 million USDT. Binance concluded that this might anticipate an increase in Bitcoin volatility.Traders Held More Open Positions in BTC Contracts Than in MayBinance released its monthly report discussing the activity on its futures trading platform. While trading volume...

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