Tag: Binance

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AMC Starts Accepting Crypto, Regulatory Meetings, Bitcoin Mining Difficulty + More News

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________ … Read More: AMC Starts Accepting Crypto, Regulatory Meetings, Bitcoin Mining Difficulty + More News  Read more »Pay, Trade, Buy Bitcoin with Credit Card

Bitcoin derivatives markets ‘healthier’ than in Q1, says research after fresh leverage shakeout

A lot has changed in half a year among derivatives, and Bitcoin price gains are more sustainable as a result, new analysis reasons. Bitcoin (BTC) shook out leveraged traders in classic style this week, but new data suggests that the market is broadly healthier than earlier in the year. Highlighting findings from its latest weekly…
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Two firms account for the majority of Tether received: Report

A new study by Protos claims that Tether flow is dominated by just two firms — Alameda Research and Cumberland. Tether (USDT) has gone from being a renegade cryptocurrency to becoming the industry’s primary crutch during the last seven years, according to a new report.  Essentially, USDT is a bridge between traditional currencies like the…
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DEXs growing faster than CEXs but Binance still sees 171M visitors in a month

According to Chainalysis data the number of DEX’s doubled between Q1 2019 and Q3 2021, while the amount of CEX’s stayed around the same. A new Chainalysis report shows that the number of decentralized exchanges (DEXs) is growing faster than all other types of crypto exchanges. But Similar Web data shows centralized exchanges are far…
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NYCCoin, Cambridge on Tezos, Tether on Avalanche + More News

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________… Read More: NYCCoin, Cambridge on Tezos, Tether on Avalanche + More News  Read more »Pay, Trade, Buy Bitcoin with Credit Card

Binance CEO: Avoiding Cryptocurrency Scams, Squid Game Token and Other Defi Risks

The following article was written by CZ, Binance CEO & Co-Founder. DYOR, or do your own research, is a concept I think every investor should know about. It’s as close to a golden rule as anything in the world of crypto, but it applies more even broadly to anything you’re planning to invest in, from…
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Bitcoin whale selling jumps while BTC price holds $60K and buyers snap up supply

Demand is keeping up with increasing activity from whales this week, the latest data confirms. Bitcoin (BTC) is still seeing a supply squeeze despite a significant uptick in whale selling on exchanges this week. As confirmed by on-chain monitoring resource CryptoQuant on Nov. 5, whales have accounted for the vast majority of selling pressure in recent…
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3 reasons why DeFi users are bullish on Abracadabra, Magic Internet Money and SPELL

Investors have embraced Abracadabra Money’s truly decentralized approach to DeFi and the option to draw stablecoin loans off a growing list of assets appears to be backing SPELL’s rally to new highs. Stablecoins and their use in decentralized finance (DeFi) have played a key role in the 2021 cryptocurrency bull market because allow investors to…
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BTC Futures Open Interest Continues to Rise Following Bitcoin ETF Listings Last Month

Bitcoin futures open interest continues to remain high after the launch of the first bitcoin exchange-traded fund (ETF) on October 22. While Binance commands $5.81 billion and leads the pack, CME Group holds the second-largest position in terms of bitcoin futures open interest (OI) with $4.1 billion or 16.84% of the aggregate OI. Top Ten…
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Meme coin mania triggers triple-digit gains from Binance Smart Chain-based altcoins

HOGE, ASS and TABOO are three Binance Smart Chain-based projects that have seen triple-digit rallies after traders rotation into meme coins. This week’s surge in popular meme coins like Shiba Inu (SHIB) and Dogecoin (DOGE) could be signs that the good times are back and a quick glance at crypto Twitter shows a long list…
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