XRP Edges out Tether (USDT) on Coinmarketcap as it Aims for $0.25 14
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...
ChainLink (LINK) Ranked the Top DeFi Project on Coinmarketcap 15
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...
Binance Smart Chain Integrates ChainLink Oracles, Ventures into DeFi 16
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,...
BNB Turns Bullish on Coin Burn, 3yr Anniv. Live Event & Binance Card 19
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...
Huobi, Binance & Bitmex Top the BTC Derivatives Market Rankings on CMC 24
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...
Binance to Support Staking of Zilliqa (ZIL) Later this Month 25
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...
Bitcoin Derivatives Exchanges to Have a Separate Page on Coinmarketcap 27
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...