Photo: ShutterstockOn November 12, 2019, Paxos debuted its Fiat Gateway and have announced that Binance will be its first client in this regard. Its Fiat Gateway means that customers can swap out U.S. dollars for stablecoins on a one-to-one basis and this is one of the first of its kind within the cryptocurrency industry.While this unique service is seeing more widespread attention since its association with Binance, it has actually been available to Paxos users since May 2019 and according...
Read More »CoinMarketCap Liquidity Trackers Evolve: a New Main Standard?
CoinMarketCap was established back in 2013, and it has seen a wild history full of glory and shame. We won’t be coming back to all the episodes of CMC rising. Let’s say it is exciting. Within this piece, let’s talk a bit about their recent improvement. Coinspeaker loves improvements, and here’s the one you should at least know about.CoinMarketCap Liquidity Matter More Than Fake VolumesCMC introduced its new service for measuring exchanges liquidity, which is a new primary metric that they are...
Read More »Ethereum: Bald 900 US-Dollar für 1 ETH wegen Microsoft Azure?
Treibt Microsofts Ethereum-Plattform bald die ETH-Preise in die Höhe? In der letzten Zeit verband Ethereum-Nutzer vor allem Unsicherheit. Als Ursache lässt sich insbesondere ein schleppender Markt anführen. Der technologische Fortschritt und die Unterstützung durch Microsoft könnten Ethereum nun allerdings zu einem Kursanstieg verhelfen. Test-Launch von „Azure Blockchain Tokens“ Wie Microsoft kürzlich bekannt gab, entwickelte der IT-Gigant...
Read More »Tether Announces Support for McCormack against Craig Wright Libel Suit
By pretty much any standard, Craig Wright easily became the most controversial person in crypto over the years. For a long time now, Wright has been at the center of a suit brought against him by the Kleiman estate, representing Dave Kleiman, Wright’s former business partner.Wright has also proclaimed himself as the real Satoshi Nakamoto, creator of Bitcoin, and has even gone ahead to bring legal action against people who have refuted this claim. A few months ago and in his usual fashion,...
Read More »Constant’s Customized P2P Lending Terms and Rates Fuel Platform’s Impressive Growth
Decentralized finance’s (DeFi) meteoric rise has been accompanied by a slew of advances in financial technology, sparking a wave of P2P lending protocols and liquidity pools. The increasing competition of borrowing/lending, stablecoins, derivatives, and even cross-chain CDPs mark a new era in fintech innovation and have bred some intriguing externalities. Many DeFi lending protocols offer interest rates that are significantly more appealing than rates offered by banks and low-risk fixed...
Read More »China Is Here: Majority Of Binance Inflows in 2019 Came From Huobi
Most of the asset inflows recorded by Binance this year have come from Huobi – a China-based cryptocurrency exchange. The reports come after a few weeks of serious Chinese interest as well as major blockchain-oriented announcements coming from the country.Binance’s Inflows From ChinaInitially established in China, Binance left the country when the government placed a ban on trading and had its headquarters in Malta. With the latest news coming from China, though, and the interest picking up,...
Read More »Binance Coin Price Analysis: Despite The Latest Bullish Binance Announcements, BNB Struggles At $21
Binance Coin saw a slight decrease of around 1% over the past 24 hours and it currently trades at $20.31. Despite the recent decline, BNB is still up by a total of 21% over the past two weeks and a 60% increase over the past 30 days. The cryptocurrency struggles despite the constant announcements that come from Binance. In fact, just recently, the CEO of the exchange, Changpeng Zhao, shared a tweet that outlines the accomplishments of the company in the past 24 hours alone.1/2 The $BNB...
Read More »‘Bitcoin Price Will Reach $16k Soon as 1.4B People Are Working On It,’ Says Binance’s CZ
Growth in the crypto market is almost always measured by price trajectories and the likelihood that an asset would find adoption, consequently increasing its price. With Bitcoin being the asset with the largest market cap and consequently the highest priced and strongest market dominance, the cryptosphere is almost always waiting for a Bitcoin price surge.In the midst of all the bullish predictions that usually trail Bitcoin, Changpeng Zhao who is the CEO of the world’s largest crypto...
Read More »Binance Plans to Add Support for Fiat Currencies of Kazakhstan and Ukraine
In an expansion of its market offerings, indications have emerged that premier cryptocurrency exchange Binance is set to add support for crypto-fiat exchange for the Kazakh and Ukrainian currencies. This comes after the recent addition of support for Nigeria’s currency the Naira which was done in partnership with Flutterwave which is a Nigerian payment gateway based both in Nigeria and the United States.Moreover, it’s worth mentioning that Binance also added the Russian Ruble to the row of...
Read More »Binance CEO CZ Says 1.4 Billion People are Behind the Price of Bitcoin, but Who are They?
Binance’s CEO, Changpeng Zhao (CZ) believes bitcoin will hit $16,000 very “soon-ish.” A 4chan anonymous user who accurately predicted bitcoin’s trajectory earlier this year turned out to be wrong in October. CZ claims 1.4 billion people are behind bitcoin. Changpeng Zhao (CZ), the CEO of Binance, recently stated that 1.4 billion people are working on getting bitcoin to $16,000. And, this upswing is currently in the works. Putting a Price on Bitcoin The CEO of the largest...
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