As CoinSpeaker has already reported, the Binance Launchpad Platform is all set to facilitate an Initial Exchange Offering (IEO) for a new crypto project dubbed Troy (TROY) tomorrow, December 3. Over the last month starting November 3, Binance has been recording users’ BNB balances.The final BNB balance will be the average of BNB tokens held over the last month. Based on the final BNB balance, Binance will decide the number of tickets a user can get for the TROY IEO.Furthermore, the...
Read More »Binance Launchpad Platform Announces Troy Trade IEO
Binance yet again greets us as “Binancians” and announces a new project called Troy (TROY) on its Binance Launchpad platform. If you have ever participated in a lottery format token sales, then you already know how it is, but if not, let us explain. Binance already started recording user balances on November 3, 2019. Generally, Binance will record user BNB balances until December 3, 2019 (for a whole month), and the final BNB balance will determine the average BNB amount in the user account,...
Read More »ShapeShift Launching FOX Coin to Compete on ERC-20 Market
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Read More »Binance Coin Price Analysis: BNB Saw A Weekly Loss Of 13%, Can It Remain Above $18?
Binance Coin saw a small price decline of around 0.48% over the past 24 hours and it currently trades at $18.34. However, the cryptocurrency is now down by about 13% over the past week and by 30% over the past 90 days, making it the weakest performing altcoin out of the top 10 projects.Binance Coin is now the eighth-largest cryptocurrency with a market cap of $2.88 billion.Since our previous analysis, BNB rolled over at the resistance provided by the 200-days EMA and started to fall. It...
Read More »Universal Protocol Alliance and Bitcoin.com Exchange Prepare to Launch ‘Mega-Utility’ Token
Universal Protocol Alliance, a blockchain collective including Cred, Bittrex Global, Uphold, Blockchain at Berkeley, CertiK and OmiseGO, has announced the launch of the industry’s first “mega-utility” token, a digital asset that can be used throughout the cryptosphere.The token will launch on Bitcoin.com Exchange before being deployed by stakeholders across multiple verticals, from trading to lending. The news has been hailed as evidence of a concerted effort to unseat the crypto monopolies...
Read More »Binance Coin Price Analysis: Bulls Bring BNB Above $21, Is $25 In Sight?
Binance Coin saw a notable increase of around 4.5% over the past 24 hours and it currently trades at $21.26. This caused BNB to be the best performing top-10 altcoin over the past 24 hours. BNB is also up 16.25% over the past month. Binance Coin remains the seventh-largest cryptocurrency with a market cap of $3.30 billion.Since our previous BNB analysis, Binance Coin finally climbed above the resistance at $21.04 which is provided by the 100-days EMA. BNB now faces immediate resistance at the...
Read More »Wednesday Crypto Market Watch: Bitcoin Standing Still As Major Altcoins Surge
Bitcoin’s price movements have been rather bearish over the last few days. Yesterday, the largest cryptocurrency by market cap tried breaking up but got quickly rejected and recorded $8550 as of yesterday’s low.Since then, Bitcoin is slowly gaining momentum, and the coin is back at the past week’s consolidation range $8700 – $8800.As reported here yesterday, the $9,150 level that Bitcoin reached on Sunday and got rejected, was where the 4-hour MA-50 and the MA-100 met. Additionally, that’s...
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 »ARPA vs CRE: Binance Community Coin Vote’s Second Round Officially Begins
Binance has now officially begun a survival of the fittest battle between two strongly emerging protocols in what is now the second round of the Community Coin Vote’s (CCV) new format. The Binance community is expected to vote between the ARPA protocol and the Carry protocol, two networks that have more than a few things in common.Voting DetailsThe process kicked off at 4:00 AM (UTC) today Nov. 5, and will run continuously for 24 hours, before closing on November 6, at 4:00 AM (UTC) as well....
Read More »ARPA’s Binance Community Voting Round & Growing Momentum Following President Xi’s Comments
Photo: ARPA OfficialARPA – the layer two privacy-preserving computation protocol – is set to square off against Carry Protocol, a data purchase platform on Ethereum, in Binance’s second round of the Community Coin Vote (CCV). Voting will begin at 4 AM 5 November (UTC) and will incorporate Binance’s new rules for the CCV that allocates a BNB rewards pool to the runner-up and reduces the BNB holding period of 9 to 7 days. ARPA winning voters will split a rewards pool of 15 million ARPA tokens,...
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