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$FTT’s Performance 24 hours Following CZ’s revelation

Nick Cannon·
$FTT's Performance 24 hours Following CZ's revelation 9
Summary: Yesterday, Binance CEO Changpeng Zhao revealed that the exchange intends to liquidate its FTT holdings. Putting the solvency of FTX in doubt, sellers have rampaged the FTT market in the last 24 hours. Daily trading volume was at a six-month high without a corresponding price growth. Following Binance CEO...

Uniswap Becomes First DEX Integrated by Coinmarketcap for Token Swaps

Avatar photoJohn P. Njui·
Uniswap Becomes First DEX Integrated by Coinmarketcap for Token Swaps 11
CoinmarketCap has launched a new token swap feature Uniswap will be the first decentralized exchange integrated by CoinmarketCap for token swaps on Ethereum Wallets supported by Uniswap will be available for users of the Coinmarketcap Tokens Swaps CoinmarketCap aims at having token swaps for every blockchain network and token The...

Filecoin Sets New ATH of $222 as Grayscale Buys $6.3M FIL in 24 Hrs

Avatar photoJohn P. Njui·
Filecoin Sets New ATH of $222 as Grayscale Buys $6.3M FIL in 24 Hrs 13
In brief: Filecoin (FIL) has set a new all-time high of  $222.69 -Binance rate Filecoin is now ranked 9th on Coinmarketcap after edging out Litecoin Filecoin is in overbought territory and a retracement to $200 or lower look plausible However, institutional interest through Grayscale could send it higher Yesterday, Grayscale...

Binance Removes from Circulation BNB Worth $68M in Latest Coin Burn

Avatar photoJohn P. Njui·
Binance Removes from Circulation BNB Worth $68M in Latest Coin Burn 17
Quick take: CZ and the team at Binance, have carried out the 13th quarterly BNB coin burn 2,253,888 BNB worth $68 Million has forever been removed from circulation According to the project’s whitepaper, the token burns will continue until only 100 million out of the initial 200 million BNB are...

BNB Fumbles at $33, Binance Get Sued and More News from the Exchange

Avatar photoJohn P. Njui·
BNB Fumbles at $33, Binance Get Sued and More News from the Exchange 19
Quick summary: Binance Coin (BNB) has corrected to the $28 level after a local peak of $33.38 The pullback happened immediately CZ tweeted about the new peak value Bella Protocol (BEL) trading commences today Binance has canceled the listing of BTT/USDT perpetual contract The exchange has listed SWRV, LTCUP, LTCDOWN...

Over $250M in Binance Coin (BNB) Locked to Farm BEL Tokens

Avatar photoJohn P. Njui·
Over $250M in Binance Coin (BNB) Locked to Farm BEL Tokens 22
Quick take: Over $250 million in Binance Coin has been staked to farm Bella Protocol (BEL) tokens Binance launched its newest launchpool feature to offer a secure way of yield farming The aim of launchpool is to allow investors to stake BNB, BUSD and other tokens to farm other tokens...

Bitfinex Switches all Crypto Information Widgets to CoinGecko

Avatar photoJohn P. Njui·
Bitfinex Switches all Crypto Information Widgets to CoinGecko 23
In summary: Bitfinex now uses CoinGecko for its crypto information widgets The move was first announced on the 23rd of August by Bitfinex CTO, Paolo Ardoino This was after Mr. Ardoino pointed out that Coinmarketcap accounted for perpetual contracts from selected exchanges The crypto exchange of Bitfinex has officially switched...