Ripple (XRP) down 6.4 percent Low correlation with Bitcoin prices means XRP is the best diversifier Brad Garlinghouse must be happy, Ripple (XRP), a Binance research report reveals, has a low correlation with Bitcoin (BTC). Because of that, it is a good diversifier for investors willing to spread out their risks. Nonetheless, Ripple (XRP) prices…
BNB prices stable but can expand to $41 Binance fundamentals supportive for BNB With the launch of Binance chain and Binance DEX, Binance Coin (BNB) could benefit from increasing demand as Binance is one of the few trusted exchanges according to OpenMarketCap. Thus far, it is ranging with support at $20. Binance Coin Price Analysis…
Crypto exchange Binance has launched its custom blockchain solution Binance Chain on April 18. But the move might threaten to burn a hole in Ethereum’s pocket. Telegram-based market analysis and trading log, the Gem Club, said Thursday that new cryptocurrency projects had no benefit while choosing the Ethereum blockchain over Binance Chain. The analyst noted the…
Crypto markets approaching 2019 highs; Binance Coin unstoppable, BCH still climbing and Ravecoin flying. Crypto markets are marching slowly and steadily higher as another weekend unfolds. Total market capitalization is back over $180 billion again as it approaches the previous high for 2019. A break above resistance for the major cryptos will send cap to…
The story of what Binance CEO Changpeng Zhao has been able to accomplish a little under two years has been nothing short of incredible. Having launched in July of 2017 amidst stiff competition from well-established rivals and a feverishly bullish market driven by Bitcoin hype, rather than pose a challenge for Zhao, the combination was…
It isn’t a secret that the past few weeks in the crypto ecosystem have been tumultuous ones. As Bitcoin (BTC) rallied past $5,000, sparking claims that the bottom is in, Australian cryptographer Craig Wright and his crew, all fans of Bitcoin Satoshi’s Vision (BSV), found themselves in a few tussles on Crypto Twitter. It wasn’t…
Binance Coin (BNB) has been the gift that keeps on giving for investors, posting massive year-to-date gains that are unrivaled by any other major cryptocurrencies. BNB’s massive price surge has come about due to a seemingly constant influx of positive news regarding Binance’s platform. The latest event that has proven to be highly positive for…
The world’s dominant crypto exchange, Binance, has been in the headlines for most of the week following its decision to delist a major cryptocurrency. The debate as to whether this was the righteous thing to do to rid the ecosystem of a bad actor, or it was a kick in the teeth for decentralization by…
The cryptocurrency community is up in arms over recent controversy surrounding Bitcoin SV and its supporters. The controversy was enough to cause leading cryptocurrency exchange Binance to delist the digital asset from its platform. Following the wake of the delisting, Bitcoin Cash, the blockchain Bitcoin SV was forked from, has surged as much as 15%…
There has long been a belief amongst cryptocurrency investors that the entrance of institutional capital into the nascent crypto markets would be the event that triggers the next bull market, as institutions have access to investment capital that far exceeds that of a cumulative group of individual investors. A recent report from Binance Research –…