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Tag Archives: Binance

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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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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Binance Officially Aquires Swipe, Enters Crypto Visa Debit Card Segment

The leading cryptocurrency exchange Binance officially announced the acquisition of the Visa debit card platform Swipe.Binance has also listed Swipe’s native cryptocurrency (SXP), which registered a massive price boost of 21%.Binance Buys SwipeFollowing days of speculation, the popular exchange officially announced the acquisition earlier today for an “undisclosed amount.” Binance and Swipe plan to work together to “further mainstream adoption of cryptocurrencies by bridging the gap between...

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Binance Ordered To Stop Offering Derivatives Trading Products In Brazil

Brazil’s CVM Says no to Binance Futures Trading: In a statement released on Monday, the Comissão de Valores Mobiliários (CVM) — Brazil’s securities regulator — announced the ban on Binance crypto derivatives trading in the country. According to the CVM, Binance is not authorized to offer securities trading in Brazil.For the CVM, crypto derivatives constitute a securities offering regardless of whether the underlying asset like Bitcoin (BTC) is not a security. Following the statement, Binance...

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Expedia and Travala to offer frictionless bitcoin travel booking

Expedia and Travala.com Join Forces to Offer Frictionless Cryptocurrency Travel Booking Expedia Partner Solutions (EPS), one of the brands of Expedia Group, has launched a new partnership with Travala, the leading cryptocurrency-friendly accommodation booking platform with over 2 million hotels in 230 countries. Powered by EPS’s versatile API, Rapid, more than 700’000 Expedia Group hotels and accommodations are now available via...

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BNB Coin Garners Its Own Twitter Emoji

Twitter and cryptocurrency have always been rather supportive of each other, especially considering CEO Jack Dorsey’s stance on bitcoin. Now, it looks like Binance Coin – the native currency of the popular cryptocurrency exchange Binance – is the third digital asset in the world to garner its own emoji hashtag.BNB Coin Gets Its Own EmojiThe first cryptocurrency to garner an emoji was bitcoin, of course. The second is Crypto.com currency CRO. Now that Binance Coin has joined the ranks, several...

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Kommt bald die Binance Karte?

Wer sich für eine Binance-Karte interessiert findet einen Link zur Anmeldung ganz unten im Artikel. Binance hat sich als führende Krypto-Börse mit dem Bitcoin-Startup Swipe zusammengetan. Der Zusammenschluss soll das Bezahlen mit digitalen Währungen vorantreiben und in einer Binance-Card enden. Als weltweites Zahlungsmittel soll sich diese auch für Bargeldabhebungen an ATMs einsetzen lassen. Kryptowährungen finden immer mehr Akzeptanz und...

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Binance Rolls Out 50x Leverage For Compound (COMP) While OKEx Adds Support For Spot Trading

Binance, the world’s largest cryptocurrency exchange, has announced its plans to roll out a COMP/USDT Perpetual Contract. This is coming barely two weeks after the COMP governance token was launched by DeFi largest protocol, Compound Finance.Trading COMP With 50x LeverageStarting tomorrow, Tuesday, June 30 at 09:00 AM (UTC), Binance Futures traders will be able to both long and short COMP on perpetual contracts, using leverage between 1x and 50x.Unlike traditional futures contracts, a...

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VP of Binance Futures, Aaron Gong: We Saw 217% Institutional Clients Increase In Q1 2020 (Exclusive Interview)

Binance is currently the world’s leading cryptocurrency exchange by means of the trading volume. Launched in 2017, the company has managed to become a standard in the industry quickly.Despite its fast phase growing, the giant exchange launched Binance Futures, the cryptocurrency derivatives trading platform of Binance, only in September 2019. Binance Futures allows users to trade Bitcoin and leading altcoins with leverage as high as 125x.In the months following the launch, Binance Futures...

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BSV Dukes It Out with Binance

It looks like bitcoin SV (BSV) and cryptocurrency exchange Binance – the largest and most popular cryptocurrency trading platform by daily volume – are at each other’s throats.BSV Is Angry About Binance’s DecisionsThe two companies are fighting with each other over Binance’s decision last year to delist the new cryptocurrency token made popular and consistently promoted by Australian tech entrepreneur Craig Wright. Jimmy Nguyen – the president of bitcoin SV (Bitcoin Satoshi Vision) – has said...

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