Binance

How wallet platforms are taking on exchanges

One of the biggest trends in recent months has seen Bitcoin flow out of exchanges into wallets. Generally, this is interpreted as a bullish sign — indicating that investors are optimistic about further growth in cryptocurrency prices.  But delve deeper, and there’s more to this than meets the eye. The crypto industry has grown immeasurably …

How wallet platforms are taking on exchanges Read More »

Here are 6 DEX tokens that have seen exponential growth in 2021

DeFi has steadily grown in prominence over the past year thanks in large part to the strong foundations established by decentralized exchanges (DEX) that enable easy access to the latest tokens and projects.  While there have been previous iterations of DEX user interfaces, such as IDEX or Etherdelta, it wasn’t until Uniswap launched that trading …

Here are 6 DEX tokens that have seen exponential growth in 2021 Read More »

US Judge Dismisses Motion Against Bancor After Finding Allegations Inadequate to Give It Jurisdiction

<div class=”featured_image_container”> </div> <strong>A Manhattan federal judge has dismissed a securities fraud class action against Bancor after ruling that the plaintiff’s allegations were not enough to give the court jurisdiction. According to a report, the dismissal of the case against represents the first such ruling “in a suite of similar cases filed by crypto investors …

US Judge Dismisses Motion Against Bancor After Finding Allegations Inadequate to Give It Jurisdiction Read More »

Binance Suspends Ethereum and ERC-20 Token Withdrawals Before Quickly Reversing Course

<div class=”featured_image_container”> </div> <strong>The rollercoaster-ride in cryptocurrency prices on Monday was accompanied by Binance’s fresh restrictions for ethereum and ERC-20 tokens.</strong> Ethereum Network Congestion Fingered as the Culprit for the Temporary Halt Through the official Binance Twitter account, one of the world’s largest cryptocurrency exchanges by volume, announced that it had “temporarily suspended withdrawals of …

Binance Suspends Ethereum and ERC-20 Token Withdrawals Before Quickly Reversing Course Read More »

Binance Blamed for Purposely Choking Ethereum’s Network

<div class=”featured_image_container”> </div> <strong>The recent ramp higher in cryptocurrency prices has assuredly attracted its fair share of cheerleaders and detractors alike, but the reality of this climb has been a concurrent increase in network fees from rising transaction volumes.</strong> Binance is Blamed for Purposely Choking Ethereum’s Network to Drive More Users to Its Own Platform …

Binance Blamed for Purposely Choking Ethereum’s Network Read More »

REN price rallies 60%, hitting a new high after recent DeFi integration

Ren (REN) price underwent a strong 65% breakout on Feb.19 as the interoperability-focused protocol saw continuing accumulation from whale wallets holding more than 1 million REN. Data from Cointelegraph Markets and TradingView shows that REN rose from $0.99 on Feb. 18 to establish a new all-time high of $1.84 on Feb. 19. The move to …

REN price rallies 60%, hitting a new high after recent DeFi integration Read More »

Binance Coin becomes the third-largest crypto following parabolic rally

Binance Coin (BNB), a cryptocurrency issued by the world’s largest crypto exchange Binance, has hit a major historical milestone, becoming the third-largest coin by market capitalization for the first time in history. At the time of writing, BNB’s market cap stands at $38 billion, outstripping the biggest stablecoin Tether (USDT) by about $5 billion, according …

Binance Coin becomes the third-largest crypto following parabolic rally Read More »

Venus (XVS) rallies 900%, TVL hits $3.54B after Binance Smart Chain launch

As decentralized finance continues to increase it hold on the wider cryptocurrency market, Binance Smart Chain (BSC) is beginning to emerge as a suitable option for traders looking to escape from high transaction fees on the Ethereum (ETH) network.  With more attention being paid to BSC, DeFi projects operating on the chain have also seen …

Venus (XVS) rallies 900%, TVL hits $3.54B after Binance Smart Chain launch Read More »

Bitcoin’s Coinbase premium turned negative. Here’s what it means for BTC price

Bitcoin’s (BTC) definitive breakout above $50,000 may have to wait longer to materialize as spot buying pressure on Coinbase Pro shows signs of weakening — at least, in the short term.  The Coinbase Premium Index, which measures the gap between the BTC price on Coinbase Pro and Binance, has flipped negative, according to CryptoQuant. In …

Bitcoin’s Coinbase premium turned negative. Here’s what it means for BTC price Read More »

Ethereum devs grumble as Harvest Finance and Value Defi eye Binance Smart Chain

Today, yield aggregator Harvest Finance and multi-service platform Value DeFi — two Ethereum-native decentralized finance (DeFi) protocols accounting for nearly a billion dollars in total value locked between them — announced planned expansions to Binance Smart Chain, the smart contract platform built by crypto exchange giant Binance. Not everyone in the Ethereum community is ready …

Ethereum devs grumble as Harvest Finance and Value Defi eye Binance Smart Chain Read More »