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...
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...
In summary: Bitfinex now uses CoinGecko for its crypto information widgets The move was first announced on the 23rd of August by Bitfinex CTO, Paolo Ardoino This was after Mr. Ardoino pointed out that Coinmarketcap accounted for perpetual contracts from selected exchanges The crypto exchange of Bitfinex has officially switched...
In summary: BNB staking will soon be available on the testnet of Binance Chain. Although via testnet BNB, Binance will distribute 3,000 BNB in prizes to participants. The team at Swipe has launched a $16 Million SXP airdrop to Binance Coin holders over a 12 week period. These two events...
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 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 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 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 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,...
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...
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...