Home / Tag Archives: Changpeng Zhao (CZ Binance)

Tag Archives: Changpeng Zhao (CZ Binance)

Binance Records New ATH of Daily Trading Volume Above $80 Billion

The crypto trading giant has set a new all-time high in 24-trading volume, exceeding $80 billion on both the spot and derivatives platforms. In total, more than $180 billion has been traded across the entire crypto market in the last 24 hours as of press time.Binance Trading Volume Records New ATHTweeting on Monday (Jan. 4, 2021), Binance CEO Changpeng Zhao said that trading volume on the platform was twice its previous all-time high (ATH), reaching over $80 billion. Data from CoinMarketCap...

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Binance Launches European-Style Bitcoin Options: Traders Can Issue Their Own Contracts

The world’s leading cryptocurrency exchange Binance has launched a “European-style” Vanilla Bitcoin Options contracts priced and settled in Tether (USDT) aimed at institutional and advanced investors.European-style BTC Options on BinanceThe Malta-based cryptocurrency exchange announced the latest addition to its portfolio of digital asset products in a press release shared with CryptoPotato.The announcement reads that Binance has completed a testnet trial of the new BTC options contracts in...

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Coinbase and Binance Experience Technical Issues During Bitcoin’s Rally Over $20K

Binance and Coinbase, two of the leading cryptocurrency exchanges, experienced technical issues in the past few hours, and users were unable to log in. The problems coincided with bitcoin breaking into uncharted territory above $20,000 for the first time.Bitcoin’s Surge Causes Issues On Binance and CoinbaseAs CryptoPotato reported earlier today, the primary cryptocurrency finally broke above $20,000. Bitcoin didn’t stop there and continued to a new all-time high level of $20,800.As it...

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Juventus and PSG Tokens Arrive At Binance Launchpool

The leading cryptocurrency exchange Binance has expanded its partnership with the blockchain-based provider of sports and entertainment entities, Chiliz. The first direct result of this will be the distribution of Juventus and PSG Fan Tokens through Binance Launchpool.Binance Doubles-Down On ChilizThe Malta-based giant trading venue announced the new endeavor in a press release shared with CryptoPotato. According to it, as an early investor in Chiliz, the company has decided to allocate...

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Michael Saylor Reveals: I Decided to Buy Bitcoin After the COVID-Induced Global Crisis

Michael Saylor became one of the most popular bitcoin bulls in the past several months after the company he founded over three decades ago allocated millions of dollars in BTC. He also disclosed buying nearly 18,000 bitcoins personally. In a recent live stream with Binance’s Changpeng Zhao (CZ), he revealed why he decided to allocate such a considerable amount in the primary cryptocurrency.During the Binance-initiated live stream, Saylor said that the events that transpired in March 2020 were...

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PayPal Enables Eligible US Customers to Buy, Sell, and Store Bitcoin

The giant online payment processor announced yesterday that all “eligible PayPal account holders in the US can now buy, hold, and sell cryptocurrency directly with PayPal.” The update of the original statement reads that users can interact with digital assets from their PayPal application or through their desktop accounts. The cryptocurrency community remains split in its opinion-whether this is actually good for Bitcoin in the long run.  From one side, people believe that...

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Binance Might Delist Many Low-Volume Coins Soon, CZ Hints

Binance is the world’s largest cryptocurrency exchange by means of daily trading volumes. In the few short years since its launch, the venue went on to become a leading company in the industry. In fact, launching coins up for trade on the exchange has created the so-called “Binance Effect.” In short, when a cryptocurrency is selected and launched for trading on the platform, its price usually undergoes a substantial surge. Now, the CEO of Binance, Changpeng Zhao, has hinted...

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Analysis: Are CBDCs a Threat For Bitcoin or The Opposite?

Ever since Facebook announced its plans to create a digital payment currency dubbed Libra, central bankers have tried to counter it with an invention of their own. While Libra is facing regulatory troubles, a BIS report indicated that over 80% of the world’s central banks are currently developing a central bank digital currency (CBDC). The idea and purpose of a CBDC are fundamentally different than everything Bitcoin stands for. As such, the community has been speculating on...

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OKEx Founder Reportedly Taken by Police, CEO Confirms Funds Are SAFU

One of the most popular cryptocurrency exchanges, OKEx, suspended withdrawals earlier today, which led to lots of confusion within the community and price slumps for the market. CryptoPotato reached out to OKEx personnel, including CEO Jay Hao, to shed some light on the entire situation. In the original statement, OKEx reasoned that the withdrawal suspension came because “one of our private key holders is currently cooperating with a public security bureau in investigations...

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Has The Binance Effect Been Good or Bad For CoinMarketCap?

For a number of years, CoinMarketCap (CMC) has been the industry’s premier analytics website for data on the top tokens and exchanges. There were a number of competitors but CMC was still the chosen source despite major discrepancies in the data it published.CEO of the FTX derivatives exchange and Alameda Research, Sam Bankman-Fried (SBF) has opened a dialogue on whether the Binance acquisition has been beneficial to the website.1) Unpopular take: @cz_binance partially saved @CoinMarketCap.—...

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