Tagged: binance

Binance Claims Ethereum (ETH) Price Is Showing “Bullish” Trends, as Crypto Market Reaches 34-Month High of $468 Billion

Binance, the world’s largest digital asset exchange, notes that between October 15 and November 15, 2020, the total market cap for crypto-assets surged from $359 billion to as high as $468 billion toward the end of the latest week – which represents a 34-month high…. Read More

Crypto Market Reaches Highest Valuation Since May 2018, As Bitcoin Hit 35-Month High of $16,400: Report

Binance, the world’s largest digital asset exchange, says it hasn’t seen Bitcoin (BTC) this “expensive” since December 2017. The leading blockchain firm along with the rest of the crypto industry is now wondering whether Bitcoin will be setting another all-time high (after trading for nearly… Read More

Binance Launchpool Introduces the Unifi Protocol DAO, a Multi-Chain Smart Contract based DeFi Solution

Binance Launchpool, a new project designed to bring the decentralized finance (DeFi) experience to the crypto exchange’s users, has introduced a project, called Unifi Protocol DAO (distributed autonomous organization), which is “a working multi-chain smart-contract based DeFi solution.” As explained by the Binance team, Unifi… Read More

Binance Predicts that Centralized Crypto Exchanges will Eventually be Replaced by More Decentralized or Non-Custodial Trading Platforms

Binance, the world’s largest digital asset exchange, has noted in its weekly crypto market report that for most of the past week, Bitcoin (BTC) had been trading between the relatively tight $13,300 and $13,900 range. But then, over the span of just 48 hours, the… Read More

Binance Australia Adds AUD Deposits via PayID/Osko to the Exchange’s App

Binance Australia recently added Australian Dollar (AUD) deposits through PayID/Osko to the Binance app. Customers in Australia are now able to make deposits in AUD without having to pay any fees. These transactions can be processed through PayID (directly from customers’ Australian bank accounts).  As… Read More

$100 Million Accelerator Fund from Binance Now Support 11 Blockchain and Crypto Projects

Binance, the world’s largest digital currency exchange, notes in its latest Crypto Market Overview report that Bitcoin (BTC) almost managed to break past the $14K mark, as it “massively outperformed” altcoins (alternative coins or all coins besides Bitcoin). Binance points out that Bitcoin began moving… Read More

US Dollar has been Key Driver of Solid Bitcoin (BTC) Performance in 2020, According to Binance

  Binance, the world’s largest digital asset exchange, notes that cryptocurrency markets took a major hit in September 2020 as Bitcoin (BTC) and Ethereum (ETH) recorded their first down month since June of this year. Binance also mentioned in its monthly report that despite the… Read More

Binance Now Hosting $128 Million worth of Stablecoins on its Liquid Swap Platform

Binance, the world’s largest digital asset exchange, has confirmed that it’s been a month since it launched Binance Liquid Swap. The exchange also revealed that the platform is now hosting over $128 million worth of stablecoins, as of October 3, 2020. The Binance team further… Read More

AI and Machine Learning Network Fetch.ai Launches its Random Number Beacon on Binance Smart Chain

AI and machine learning network Fetch.ai confirmed on October 1, 2020, that it’s launching its Random Number Beacon on Binance Smart Chain, which is a blockchain-based network launched by Binance, the world’s largest digital asset exchange. As mentioned in a blog post by Fetch.ai: “Utilizing… Read More

Binance Launchpool Introduces Venus Protocol, a DeFi focused Money Market Lending and Credit System

Binance Launchpool, which is managed by Binance, the world’s largest digital asset exchange, has introduced the Venus Protocol (XVS), which is described as an algorithmic money market system developed “to bring a complete decentralized finance-based lending and credit system” onto Binance Smart Chain (a blockchain… Read More

Binance Might be Only Entity with Enough UNI Governance Tokens to Submit Uniswap Protoocol Proposals: Report

The recently issued UNI governance token, which is associated with Uniswap, a leading Ethereum token exchange, aims to help Uniswap transition into a “decentralized,” community-managed and owned protocol. However, the exchange protocol’s team hasn’t been completely transparent about how they aim to achieve “decentralization.” Liesl… Read More

Binance Futures Reports $1 Trillion in Crypto Derivatives Trading Volume

Zhao Changpeng

Binance Futures, a crypto derivatives exchange, is reporting $1 trillion in trading volume – year to date. Binance Futures started a year ago in September 2019 and claims title as the market leader. Binance Futures is part of Binance – the world’s largest digital asset… Read More

Binance Launches Innovation Zone where Certain Traders will be Allowed to Trade Risky Cryptocurrencies including DeFi Tokens

Binance, the world’s largest digital asset exchange, has launched what it calls the “Innovation Zone,” which will permit certain users to trade newer cryptocurrency token offerings directly from their Binance account, while protecting “less suited” traders from being exposed to the potential risks that come… Read More

Binance Visa Cards Are Now Being Offered in Europe with Up to 8% Cashback

Binance, the world’s largest cryptocurrency exchange, will be offering Visa Cards in Europe. They will allow users to earn up to 8% cashback. The exchange said that Binance Visa Cardholders will be able to get highly competitive cashback rates, but it’s only offered to consumers… Read More

BitTorrent (BTT), Elrond (ELGD), ICON (ICX), Sola (SOL) Perpetual Contracts to be Offered via Binance Futures

Binance, the world’s largest digital asset exchange, will be offering cryptocurrency futures contracts for Elrond (EGLD), the native token of a “highly” scalable, fast and secure blockchain platform for creating distributed apps; and Sola (SOL), the native digital currency of a “decentralized” social platform developed… Read More

BitMEX Traded $72.5 Billion in Crypto Derivatives in August 2020, while Huobi Led with $208.5 Billion: Report

Cryptocurrency spot volumes surged during August 2020, with the top tier exchanges dominating the volatile digital asset markets, according to a report from the Bitcoin Mercantile Exchange (BitMEX). The leading digital currency derivatives trading platform noted that in August 2020, the trading volumes on top-tier… Read More

Binance Adds Isolated Margin Trading for DIA, Reserve Rights Token (RSR), Ocean Protocol (OCEAN)

Binance, the world’s largest digital asset exchange, recently enabled isolated margin trading for DIA, RSR, and OCEAN. Margin trading involves using borrowed digital assets or other funds from a broker to trade financial assets. In other words, margin is like assets borrowed from a broker… Read More

Binance Introduces $100 Million Decentralized Finance or DeFi Fund for “High-Quality” Projects

Binance, the world’s largest crypto exchange, is launching a $100 million seed fund in order to “empower” emerging initiatives in the decentralized finance (DeFi) space. These DeFi projects will run on the Binance Smart Chain, a new blockchain network launched by the exchange to support… Read More

IRISnet Confirms Involvement in China’s Blockchain Service Network, Project’s Tokens Supported on Binance, Crypto.com, Gate.io, Huobi

IRISnet, which aims to serve as an interchain service hub for next-generation distributed applications, confirms that China’s public blockchain network BSN recently launched the new BSN Global Portal. IRISnet will be one of the partners that will contribute to the project. The IRISnet team is… Read More

Binance USD, a Stablecoin Created in Partnership with Paxos, Claims $3.8 Billion in Total Transactions in Year One

Stablecoin Binance USD (BUSD) is said to have completed $3.8 billion in total transactions and $2.4 billion issued after just one year of being live and in the wild. BUSD was approved by the New York Department of Financial Services (NYDFS). Created in partnership between… Read More

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