The crypto industry, Bitcoin, blockchain, and any of its varieties is driven primarily by hype and speculation as the emerging technologies underlying each asset are often too new or unproven to yet provide a realistic valuation. Due to this, the constant ebb and flow of FUD and FOMO often dictate market movements and turn major…
Bitcoin and other crypto assets haven’t done too hot over the past six months. Since peaking at $14,000 in June, the leading cryptocurrency, BTC, has lost some 50%, tumbling as bulls failed to keep the upward momentum, and as regulatory pressure and sell-side pressure from miners and the PlusToken scam hit the market.Despite this, one…
Binance Singapore has purportedly abruptly suspended a Bitcoin withdrawal from a trader using a wallet with a coin-mixing service, a harsh reminder that large exchanges aren’t the best place to hold coins if one values anonymity and accessibility. Binance Account Suspended Twitter user Catxolotl (@bittlecat) received a message from Binance Singapore informing them that their Bitcoin…
The primary pull of decentralized crypto assets is financial freedom from the flawed banking system. Bitcoin is one step but without greater adoption it is still just a speculative vehicle. DeFi and decentralized protocols based on banking are another and they’re gaining traction fast. Crypto Exchanges too Centralized Many envisaged 2019 being the year of…
Bloomberg called Binance Coin the best-performing cryptocurrency of 2019 but it nevertheless remains vulnerable to traders’ intrinsic greed. The native token of one of the world’s largest crypto exchanges, Binance, has surged by more than 146 percent as of this time of writing. The gains are far larger than what the benchmark cryptocurrency Bitcoin has…
Changpeng Zhao (CZ), CEO of the largest cryptocurrency exchange, Binance, responds to allegations that their Shanghai office was raided last week. In an interview with Nugget’s News, CZ maintains that Binance does not run an office in China, while, at the same time, denying that the incident ever took place. The Block Maintains A Raid…
As Turkey prepares to create its own state-issued digital asset, the CEO of leading crypto exchange Binance has praised the nation’s demand for and interest in cryptocurrency. Changpeng Zhao said Turkey is giving itself “the chance to lead financial technology developments.” The news comes shortly after Binance announced a new fiat-to-crypto gateway for Turkish lira.…
Malta based Binance is setting itself up for global domination in the crypto industry. Whatever market sentiment may be at the moment, the company has not been deterred as it reportedly eyes antipodean shores for its next crypto exchange. Binance Branches Out According to Aussie crypto outlet Micky, Binance boss Changpeng Zhao said that the…
BNB has been maintaining a bullish move for the past few weeks, but the price is now retracing near $20.5 support level. Binance Coin remains bullish on the hourly chart, but the bears may take over if the price drops below the ascending broadening wedge. Over the past few weeks, Binance Coin has witnessed substantial…
Changpeng “CZ” Zhao, blockchain expert and CEO of leading cryptocurrency exchange Binance, is more than optimistic about the future of blockchain and digital currency, saying the industry will only get bigger over the next few years. In an interview with Bloomberg published this week, he takes on the future of blockchain-based technologies, discusses the recent…