Tag: cryptocurrency exchange

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Binance crypto exchange launches payments app in alpha

One of the world’s largest cryptocurrency exchanges is further expanding into the payments sector. Binance has released its payments app, Binance Pay, in public alpha. The app is a contactless peer-to-peer cryptocurrency payment feature that lets users send and receive payments in cryptos like Bitcoin (BTC). Binance initially rolled out Binance Pay in a soft…
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3 key Bitcoin price metrics signal this ‘healthy’ rally has room to run

A stable funding rate paired with a record-high $20.3 billion open interest on BTC futures suggest that the current rally has room to extend higher. After hitting a $43,000 local low on Feb. 28, Bitcoin (BTC) price rallied 28% to retake the $57,000 level on Mar. 10. As the Feb. 21 to Feb. 23 massive…
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BlockFi users targeted in ‘racist and vulgar’ email attack

Roughly 500 people were in for a random surprise on Mar. 8, receiving a profanity-laced correspondence from BlockFi after their email addresses were used to sign up for fake accounts. This week’s temporary closure of registrations for crypto lending and borrowing app BlockFi was due to an attack by a “malicious actor” according to Forbes.…
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Reserve Rights (RSR) gains 300% as stablecoins gain regulatory approval

Global stablecoin adoption and uncontrolled hyperinflation in Venezuela and Argentina have helped push Reserve Rights to a new all-time high. Non-fungible tokens and high-yielding decentralized finance platforms have been the focus of attention in the cryptocurrency sector for the past few months. This intense focus on NFTs, DeFi and Bitcoin’s price action means that some…
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Gemini crypto exchange sponsoring the Oxford-Cambridge boat race

“We are thrilled to be combining two of our greatest passions — rowing and crypto — with our sponsorship of this historic event,” said the Winklevoss twins. Tyler and Cameron Winklevoss, co-founders of the Gemini cryptocurrency exchange and former olympian rowers, will be sponsoring the 2021 Oxford-Cambridge Boat Race. In an announcement from Gemini today,…
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Chiliz (CHZ) rallies 60% to a $1B market cap as fan token offerings expand

The success of the AC Milan Fan Token launch and plans to expand to the United States support Chiliz’s 1,000% rally over the past month. Nonfungible tokens (NFTs) and decentralized finance (DeFi) are two of the hottest concepts in the crypto sector, and each is altering the way projects and companies interact with the public…
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Energy Web Token (EWT) rallies 50% shortly after listing on Kraken

Plans to introduce staking and the recent listing on Kraken pushed Energy Web Token’s trading volume and price to a new all-time high. One of the biggest debates taking place on a global scale relates to energy production and the integration of renewable energy sources into an electrical grid dominated by carbon-based fuels and nuclear…
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Mainnet launch and NFT sale lift Aavegotchi (GHST) to a new all-time high

The price of GHST rallied to a new high as Aavegotchi launched its mainnet and conducted an NFT sale that sold out in less than a minute. Nonfungible tokens (NFTs) have rapidly become the new hot topic in the cryptocurrency sector, as evidenced by Litecoin (LTC) creator Charlie Lee comparing the current spike in NFT…
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Crypto.com to sponsor Aston Martin’s Formula 1 team

Crypto.com’s logo to appear on Aston Martin F1 cars in the 2020–2021 season. Cryptocurrency exchange service Crypto.com has inked a partnership deal with car maker Aston Martin to sponsor the latter’s Formula 1 team. According to a report by Business Insider, the collaboration is a multi-year sponsorship on the occasion of the British car manufacturer’s…
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Matic, xDAI (STAKE) and Loopring (LRC) rally as Ethereum gas fees rise

Soaring Etheruem gas costs are driving investors and protocols to take a closer look at layer-2 solutions like Matic, Loopring and xDai. The start of a new month has brought renewed fervor from the cryptocurrency market as Bitcoin (BTC) price steadily climbed from a low of $43,537 on Feb. 28 to a high of $49,200…
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