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...
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...
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 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...
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...
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...
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...
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...
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...
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...
