In brief: Early this month, Coinmarketcap changed the algorithm used to rank crypto exchanges. The changes saw Bitmex, ByBit, and Deribit ranked 175th, 177th, and 179th respectively. The team at Coinmarketcap has explained that a separate page for derivative platforms will be added soon. There is no doubt that the...
Quick take: Binance has been confirmed as the second major crypto exchange to support the staking of ZIL. The exchange will support the feature later this month. Staking on KuCoin will commence on the 18th of June. Zilliqa is now available on the Bitbns exchange. Staking on the Zilliqa mainnet...
In summary: Coinmarketcap has followed through on its promise to rank Bitcoin derivatives markets on a separate page. Huobi, Binance and Bitmex are in the top 3 positions respectively. ByBit and OKEx come in fourth and fifth. The 24-hour volume of the Bitcoin derivatives markets indicate that leveraged trading is...
In summary: Coinmarketcap continues to evolve and now has a headlines section for crypto news updates. Binance CEO, Changpeng Zhao, made the announcement on Twitter via a poll asking if crypto news was a good idea on Coinmarketcap. The new headlines section highlights top news in the crypto-verse. Headlines on...
Quick take: XRP has had a remarkable bounce in the market gaining over 20% in a week. A quick glance of Coinmarketcap reveals that XRP is once again attempting to reclaim the number 2 spot occupied by Tether (USDT). XRP needs to fend off the continual minting of USDT or...
Quick take: Binance Coin is experiencing a resurgence in the crypto markets. The bullishness of BNB comes days before the Binance Live Conference celebrating the exchange’s 3yr anniversary. The team at Binance has also hinted at a BNB coin burn in the near future. Additionally, the Binance Card is in...
Quick take: ChainLink (LINK) continues on its impressive run in the crypto markets. LINK has edged out Binance Coin (BNB) and Litecoin (LTC) on Coinmarketcap. LINK is ranked 8th and seems destined to take the number 5 spot from Bitcoin Cash (BCH) edging out Cardano and Bitcoin SV in the...
Quick take: The Binance Smart Chain has integrated ChainLink’s Oracle solutions. Real-time data from ChainLink will be used to build DeFi applications on the Binance Chain. This move is beneficial to both projects as well as the value of Binance Coin (BNB) and LINK. Moments ago, the CEO of Binance,...
In summary: The team at Coinmarketcap has continued to add new features on the site since the acquisition by Binance. The latest is a DeFi ranking that has ChainLink ranked first in DeFi projects. The team at Weiss Ratings is of a similar opinion that LINK will lie at the...
In brief: XRP has broken out of the falling wedge with its origins in September 2018. The wedge was first identified by crypto analyst, MagicPoopCannon. XRP’s push in the crypto markets has the remittance coin gunning for $0.25. XRP has edged out Tether (USDT) on Coinmarketcap and could remain in...
In brief: After breaking $12k and $400, Bitcoin and Ethereum fell hard to $10,500 and $325. Crypto traders were caught off guard with over $1 Billion in liquidations. The volatility might just prove that we are in a crypto-wide bull market. The month of August opened on a high note...
In summary: Timothy Peterson of Cane Island Alternative Advisors has postulated that ChainLink (LINK) can go as high as $32 by the end of 2020. However, he warns that such a move by LINK would not be sustainable. Furthermore, buying at such levels could result in investors of LINK losing...
