Price ($): 9.39460 (4.427%)
Price (฿): 0.002505434221236026
Market Cap: $1326M
Volume (24h): $75M
The largest cryptocurrency exchange Binance with 24-hours trading volume of $483 billion, at the time of writing, according to the data provided by Coinmarketcap has been maintaining its first position even in the beat market while being less than 2 years old in the crypto space. "To date, even in this bear market, we still run a profitable business," recently Binance CFO Wei Zhou told CNBC. So, what's the secret behind this success, as put by economist and crypto trader, Alex Kruger on Twitter, "Binance is an exchange launched in H2'2017 that helped people gamble on shitcoins and lose a lot of $. However, people LOVES Binance. While most crypto companies are in fact deeply disliked. Why is Binance liked so much? BNB token? Perceived transparency? cz_binance himself?" Kruger's questioning came in response with, While, Dudas did further move on to clarify his stance: "Don't mistake Binance critics for haters. There are
NEO/USD bulls are penetrating overhead resistance of a triangular pattern formation. NEO Global Development (NGD) has set up an office in Seattle, Washington, keen to break into the Western markets. NEO/USD: Recent Price Behaviour The NEO price over the past week has managed to see some upside momentum, having gained around 25% since 7th February. […]
The cryptocurrency exchange Binance, one of the largest in terms of trading volume, remains profitable even after a year-long bear market that affected the whole industry. The information was released by Wei Zhou, Binance CFO during a conversation with CNBC on February 14. The Chief Financial Officer of Binance mentioned that the company is still profitable. Bitcoin (BTC) fell from $20,000 in December 2017 down to $3,250 in December 2018. "To date, even in this bear market, we still run a profitable business," Wei Zhou told CNBC in a phone interview. Although the company does not disclose its financial information publicly, there are some media outlets that have published some estimates based on publicly available metrics. According to a recent report released by The Block, Binance made $446 million just in 2018. In order to reach this number, The Block took into account how much the exchange spent buying units of its token, the Binance Coin (BNB). Every single quarter, the exchange
XLM/USD is trading up around 4% on Friday, with the bulls looking to break out of a narrowing daily range. Canadian cryptocurrency exchange has acquired StellarX, a decentralised platform. XLM: Recent Price Behaviour Stellar’s XLM has seen a pick-up in bullish momentum in the session on Friday, having jumped around 4% at the time of […]
Binance’s CEO, Changpeng Zhao, recently explained how the largest crypto exchange in the world deals with attacks from other exchanges. In a personal post, Zhao states that various exchanges have targeted Binance for different reasons since and especially it’s early days. CZ lists several reasons why other exchanges picked on Binance; those include the fear […]
Since the rally on Feb. 8, the trend for Bitcoin (BTC) has been a slow and steady decline from $3,630 to $3,570. At this point, the support level is probably around $3,500-$3,550, with resistance in the $3,600-$3,700 range. Bitcoin (BTC) has tried to move upwards through the resistance level multiple times but has been pushed… Read more
DigiByte Accounts Blocked On Twitter; What's Going On? DigiByte seems to be experiencing some issues on Twitter after being accused of spreading FUD regarding the Binance cryptocurrency exchange and Changpeng Zhao, the CEO of the platform. In a recent tweet released by DigiByte, they informed that Binance could be asking their bots and trolls to report all their accounts to get them locked out and banned. In order to support these claims, the account uploaded a picture in which Changpeng Zhao wrote that if there are accounts that are spreading FUD, the best to do is to report them. About it, Changpeng Zhao wrote: "We appreciate those who worry about us. Don't worry; it's all good. They are helping us. If you feel the urge to do the right thing and help us too, simply click "report account" on the respective platforms. That's it, nothing more." Apparently, the discussions started when Jared Tate, the founder of DigiByte,
Spend Wallet is available cold wallet for consumers to store their cryptocurrency apart from an exchange. Recently, the app has been working to make the existing products they offer better for customers, while adding new technical features and making themselves available for additional coins. The latest version, V.2.3.1, has officially released on iOS, making it available through the App Store. In a Medium post today, the company announced that there were many bugs that the update corrects, which is going to make it work much more effectively for wallet holders. The post also announces the addition of support for the Binance Coin, which means it can now be held in the wallets. During the update, the company has a new security feature that is becoming more common amongst wallets and exchanges – 2-factor authentication. Considering that the platform has support of banks in 100 countries, the 2FA security feature will make it easy to initiate USD wire deposits to their own fiat accounts.
Binance Coin (CURRENCY:BNB) traded down 2% against the dollar during the 24-hour period ending at 4:00 AM E.T. on January 24th. In the last seven days, Binance Coin has traded 5.4% higher against the dollar. Binance Coin has a market capitalization of $1.30 billion and approximately $67.42 million worth of Binance Coin was traded on […]
JPMorgan Chase & Co, America’s largest bank by a significant margin, shocked the crypto landscape this week by unveiling a new stablecoin project designed to enhance its $6 trillion payment market. For CEO Jamie Dimon, the launch of ‘JPM Coin’ is a significant departure from the anti-crypto tirades of 2017-18. While JPM Coin may not […]
BNB/BTC produces a double-top pattern formation, leaving the door open to further downside pressure. Binance CFO confirms that the organization is still profitable, despite the ‘crypto winter’. Binance Coin Price Behavior The BNB token has been outperforming many of its peers over the past few weeks. Since the week commencing 3rd December, BNB/USDT has rallied […]
Today we’re going to talk about yet another decentralized ecosystem that has the goal of bringing blockchain to the masses. There are many of these, but ARK is actually ranked quite highly, at #65 in terms of market capitalization. I’d like to go into some of the reasons for that difference, as the team and […]
While the major cryptocurrencies experienced another rally attempt yesterday following last week’s Litecoin-led surge, most of them failed to hit sustained new highs. The top coins are still holding on to most of their gains, but the lack of bullish momentum is a negative sign. With the bearish long-term picture in mind, traders should still […]
It seems that more than 3,300 Lawsuits have been filed against BitTorrent users for copyright infringement. The information was released by The National Law Review and TorrentFreak. According to a report released by TorrentFreak, just in the first half of the year, there were filed more than 3,300 lawsuits. Most of these cases are against John Doe, an individual that is suspected of downloading a piece of content from the BitTorrent platform without having the authorisation of the content creator. Tron has recently purchased the BitTorrent platform after paying $126 million for it. Just a few weeks ago, Tron launched the so-called BitTorrent Token (BTT) using the Binance Launchpad. This has also been something controversial. Some reports suggest that Binance and Tron pumped both the Binance Coin (BNB) and the Tron (TRX) virtual currencies and then dumped them. Additionally, a former BitTorrent official said that the Tron network will not be able to process such a large number of
Ripple’s XRP price is seen trading marginally in negative territory towards the latter part of Friday, with XRP/USD heading for a weekly closure in the red. Ripple has announced a newly improved XRP Ledger 1.2.0 for improved censorship resistance. XRP/USD: Recent Price Behaviour Ripple’s XRP price continues to cool, running towards is a third consecutive […]
Binance Coin (CURRENCY:BNB) traded up 6.9% against the dollar during the 24-hour period ending at 9:00 AM Eastern on January 31st. Binance Coin has a market capitalization of $1.29 billion and approximately $86.93 million worth of Binance Coin was traded on exchanges in the last day. Over the last week, Binance Coin has traded up […]
1, 60-Day Extension to the Trade Deadline? USD/CNH, 4-Hour Chart Analysis The extension of the March 1 deadline for the US-Chinese trade deal is getting closer as we expected, and the rumors are now specifically pointing to a 2-month extension. Given the weakening Chinese growth and president Trump’s falling approval rates, some kind of agreement […]
Tron has recorded losses for the past five consecutive sessions, dropping as much as 15%. The Tron Foundation sign Memorandums of Understanding (MoUs) with two massive gaming and blockchain associations in South Korea. TRX/USD: Recent Price Behavior The Tron price continues further cooling and is currently running at its fifth consecutive session in the red. […]
Bitcoin Private (BTC) gained 53% against the dollar over the last week, with the majority coming on Wednesday morning as trading exploded on HitBTC. A privacy coin once shilled by John McAfee, Bitcoin Private lost over 99% of its value since it commenced trading in March 2018. Even before the coin price sunk, BTCP had […]
These finobacci levels line up with my S/R levels (.236/.618), tried different finobacci retracement levels and they generally line up pretty fine aswell. The first target has been reached, just the ATH level nothing interesting ar all. Selling approximately 25%-33% of my position in these levels. Thank you Binance.
I dont trade BNB at all. Like the most of users that got BNB to enter in the market and receive discount on fees! And its showing some correction at all... Nothing serious but for me shows that the entire market could correct in the same time. Take care and use stop sell and stop buy! Any comments?
After Completing Primary Eliiott Wave 12345 Now BNB has completed Secondary Elliott Wave ABC Will BNB Make Primary Back? It looks like this is good for us to enter, especially when added to the small confirmation on the M30 BNB, it's been broken from the DTL. Buy: 25000 - 26000 TP 1: 29000 TP 2: 32000 SL: 23399
BNB has completely outperformed in this bear market, at time of writting this post bnb is retesting its ATH. The price uptrend is backed by the strong fundamentals and high earning margins of Binance exchange, which managed to make $480M in 2018. However , based on TA perpective i am guessing that the price action haven't seen the major correction...
Hello traders, Looking at the daily chart for BNBBTC, there was a monstrous rally since November last year despite Bitcoin bear breakout. I expect BNBBTC should retrace very soon as RSI is in oversold condition, and MACD is starting to curl downward. Unfortunately there are no supports from 20K to 25K satoshi, so it will most likely retraces 0.5 F...
BNB is approaching ATH resistance at 0.00285sats with bullish divergence forming on all timeframes. There's a strong chance ATH resistance is broken and price levels shoot up to 0.00350sats+ within a short time span. Equally, considering we're still in very temperamental market conditions price action could reject overhead resistance and begin ano...
In this educational idea I’ll cover the SMA cross strategy. I’ll will cover how it works, what my peripheral values are and how it can work for you. The Simple moving averages cross strategy is a strategy where you buy something on a buy-signal of the indicator and sell it on a target, for example if you had 5% profit. What is a moving average? A ...