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 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...
Quick take: VeChain (VET) has had an amazing run in the crypto markets since the mid-March crash. These feat has been highlighted in the Monthly Binance Market trading report for the month of June. The report states that VeChain (VET) has delivered over 40% in gains in one month. At...
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 has carried out its 12th quarterly coin burn. The team at the exchange has removed from circulation over $60 Million worth of Binance Coin (BNB). 3,477,388 BNB has been destroyed and is the largest amount to date. Binance Coin (BNB) is trading steadily above $17. The team...
Summary: CZ has announced via twitter, that there could be a fresh IEO in the pipeline via Binance Launchpad. BNB is the sole asset for IEO participation and demand for the asset could trigger a push back to $19. Binance Coin (BNB) was in the midst of a pullback after...
Summary: The popularity of ChainLink has resulted in Binance launching a quarterly LINK Futures contract. LINK quarterly futures have been listed before the Ethereum’s. This move shows that ChainLink (LINK) is a fan favorite for crypto traders. LINK had earlier dropped below $7 and is now trading at $7.63. The...
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,...
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...
Quick take: The CEO of Binance, CZ, has announced that the Binance Debit Card has started shipping out. However, the distribution is in limited quantities. The limited launch comes amidst VISA and Mastercard easing their stance on crypto. Binance Coin (BNB) has broken the $19 resistance level and looks set...
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...
In brief: Majority of quarterly contracts on major crypto exchanges are trading higher than spot markets. The difference is as high as $400 in some instances. Bitcoin has already hit $12k on some of the quarterly contracts. The spot market could soon follow a similar trajectory. Bitcoin’s momentum in the...
