BNB Fumbles at $33, Binance Get Sued and More News from the Exchange 14
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 to Support Staking of Zilliqa (ZIL) Later this Month 15
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...
BTC Bulls Are Back? On-chain Indicators Point to Short-Term Rally 18
BTC recorded its highest daily active address count on 2 August. The recent increase in network activity, surge in loss-making transactions, and growing negative sentiment are all indicators of a short-term price rally for Bitcoin. The number of daily active addresses that trade Bitcoin [BTC] has surged in August, reaching...
Filecoin Sets New ATH of $222 as Grayscale Buys $6.3M FIL in 24 Hrs 21
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...
XRP Edges out Tether (USDT) on Coinmarketcap as it Aims for $0.25 24
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...
Curve 3pool Sees Increased Outflows Since hack 25
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,...
ChainLink (LINK) Ranked the Top DeFi Project on Coinmarketcap 29
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...