Huobi, Binance & Bitmex Top the BTC Derivatives Market Rankings on CMC 14
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...
Curve 3pool Sees Increased Outflows Since hack 15
The stablecoins that makeup Curve’s 3pool have seen increased outflows since the hack. The demand for CRV continues to fall, putting downward pressure on price. In the aftermath of Curve’s reentrancy exploit of July 30, 3pool, one of the decentralized exchange’s (DEX) prominent liquidity pools, continue to experience capital flight,...
XRP Edges out Tether (USDT) on Coinmarketcap as it Aims for $0.25 20
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...
Bitcoin Derivatives Exchanges to Have a Separate Page on Coinmarketcap 22
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...
BNB Fumbles at $33, Binance Get Sued and More News from the Exchange 23
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...
Binance Removes from Circulation BNB Worth $68M in Latest Coin Burn 24
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...