After a relatively calm weekend without any major price developments and following a retest of the $11,400 support on Friday, Bitcoin slowly recovers. It is currently trading around $11,700. Large-cap altcoins follow Bitcoin as ETH getting closer to $400 once again.After Friday’s crush, this is the day of the low-caps altcoins.Contrasting Altcoin MovesEthereum and Ripple display somewhat similar performances in the past few days lacking significant fluctuations, slightly up judging by the...
Read More »CoinMarketCap Launches Earn Program, Rewards Starting with BAND
The leading cryptocurrency data aggregator website CoinMarketCap has launched a new earning initiative for users. Dubbed CoinMarketCap Earn it will enable customers to watch educational videos and complete quizzes about certain digital assets and receive a pre-determined amount of coins as rewards.CMC Earn Is LiveThe official announcement from the popular data aggregator asserted that the new program will be a “place for crypto enthusiasts to learn more about a crypto-asset while getting...
Read More »1inch DeFi Protocol Secures $2.8M Funding Led by Binance Labs
The decentralized exchange aggregator sourcing liquidity from multiple platforms 1inch has raised nearly $3 million in a funding round led by Binance Labs. Other prominent participants in the series include Galaxy Digital, Greenfield One, Libertus Capital, Dragonfly Capital, FTX, LAUNCHub Ventures, and Divergence Ventures.1inch Raised $2.8MAccording to a press release shared with CryptoPotato, the successful completion of the funding round came shortly after the decentralized exchange...
Read More »BitMEX Arthur Hayes Confirms: It’s A Bull Market
Bitcoin’s price took a turn for the best over the past couple of days as it breached the coveted $10,000 mark in today’s early hours. Naturally, this brought a lot of excitement in the cryptocurrency community, and a definitive testament of this is the reaction of Arthur Hayes – the CEO of one of the leading Bitcoin margin trading exchanges, BitMEX. “It’s A F***** Bull Market” Arthur Hayes, the CEO at BitMEX, is known for his eccentric behavior and witty comments. More than once has he...
Read More »BNB Skyrockets To $20 As CZ Hints On A Binance DeFi IEO
Bitcoin maintains its position above the $9,500 level, while some altcoins mark impressive gains. Rumors from Binance CEO CZ about an upcoming DeFi involvement send BNB upwards.At the same time, the US stock market indexes decrease in value a bit while gold broke above the coveted level of $1,900 per ounce.Gains In The Crypto MarketAfter yesterday’s sudden loss of over $4 billion for the entire cryptocurrency market cap, today’s situation appears reversed. Bitcoin’s $9,500 support line...
Read More »Alt-Season 2020 Is Officially Confirmed, Says Binance CEO Changpeng Zhao
Chanpeng Zhao, CEO of the leading cryptocurrency exchange Binance, believes that there’s an ongoing altcoin season in the digital asset market.In a recent interview, he also emphasized on Bitcoin’s increased stability, joking that it has become a stablecoin now.CZ Suggests An Altcoin SeasonDuring the past several weeks, the altcoin market has boomed with double-digital increases charted almost daily. These events pushed cryptocurrencies such as Chainlink’s LINK to new highs. The DeFi sector...
Read More »Breaking Scam Alert: Binance, Coinbase and Other Major Crypto Twitter Accounts Hacked
An ongoing scam is being promoted on Twitter through some of the biggest accounts of major cryptocurrency companies and proponents.These include the world’s leading exchange, Binance, the US-based exchange Coinbase, as well as the account of one of the best-known Bitcoin proponents, AngeloBTC, and even Winklevoss’ Gemini.Ongoing Crypto ScamIn the past few minutes, some of the most popular cryptocurrency Twitter accounts have been compromised.A message about a partnership with a company called...
Read More »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...
Read More »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...
Read More »CZ Highlights Anti-Addiction Notice After a 20-Year Old Committed Suicide For Losing $730K On Robinhood
Changpeng Zhao, the CEO of the world’s leading cryptocurrency exchange, Binance, recently highlighted the importance of anti-addiction notices when trading high-risk products such as options.This comes days after a 20-year old tragically took his life after seeing a $730,000 negative balance on the popular retail trading app Robinhood.A Tragic StoryOn June 12th, 2020, Alex E. Kearns, a 20-year old student at the University of Nebraska, committed suicide. His parents found a note on his...
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