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...
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 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...
Summary: Yesterday, Binance CEO Changpeng Zhao revealed that the exchange intends to liquidate its FTT holdings. Putting the solvency of FTX in doubt, sellers have rampaged the FTT market in the last 24 hours. Daily trading volume was at a six-month high without a corresponding price growth. Following Binance CEO...
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: 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 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: In the third quarter of 2020, Binance has dived dip into DeFi BNB can now be staked to earn 60% APR and new tokens through the Binance Launchpool Binance has also set up a $100M incubator fund specifically for DeFi projects Binance Smart Chain is also live on...
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: 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...
