Binance has launched support for HIVE the month after the exchange participated in a controversial governance vote that sparked the Steem hard fork. In response to customer demand, leading cryptocurrency exchange Binance launched trading support for the community-led Steem (STEEM) hard fork Hive (HIVE) on April 27. HIVE can now be traded against Bitcoin (BTC), […]
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The ‘Binance Smart Chain’ whitepaper has attracted criticism from the crypto community, drawing predictions that the chain will be prone to centralization. Many crypto analysts have criticized the whitepaper for Binance’s forthcoming ‘Smart Chain’, which was published on April 17. Smart Chain will be Binance’s second smart contract-enabled chain after Binance Chain. It offers the […]
Continue ReadingBitcoin is close to breaking out of its overhead resistance. This has resulted in strong price action in some altcoins, which suggests that the investor sentiment is bullish. The total crypto market capitalization has bounced from just below $200 billion on April 22 to over $214 billion at press time. This is a positive sign […]
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Social payments application Bundle launched its service in Nigeria after incubation by leading cryptocurrency exchange Binance. Social payments application Bundle launched its service in Nigeria after incubation by leading cryptocurrency exchange Binance. According to an announcement on April 23, Bundle now allows its users to request, send and receive cash or crypto from their peers […]
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Blockchain technology is becoming more and more common in the traditional finance market with stablecoins and CBDCs — could these bring stability for the crypto industry? Stablecoins have become widely popular in the digital currency industry because they don’t have the volatility associated with other cryptos like Bitcoin (BTC) for instance. Despite their popularity, the […]
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The bounce in most major cryptocurrencies shows demand at lower levels and also increases the possibility of an up move in the next few days. The recent carnage in US crude oil futures and the selling in Brent affected the equity markets but did not cause any noticeable fall in the crypto markets. This is […]
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Investor sentiment in the crypto market is gradually turning bullish and a few altcoins look ready to outperform Bitcoin in the short-term. With Bitcoin’s (BTC) halving less than 23 days away, traders would like to go into the event with strong bullish sentiment but this is yet to be determined. If Bitcoin is able to […]
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Most major cryptocurrencies appear ready to start new uptrends after recently bouncing off strong support levels. Binance chief executive officer Changpeng Zhao said that trading activity across major crypto exchanges had increased between 3 to 5 times. This is a bullish sign as it “means there are a lot more people coming into the industry.” […]
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AtomicDEX CTO believes Binance is “a ticking time bomb” ready to blow up any moment. Kadan Stadelmann, CTO of the decentralized exchange AtomicDEX, believes it’s only a matter of time before Binance (BNB) implodes. Vitalik’s dream fulfilled AtomicDEX is a decentralized exchange built on top of the Komodo (KMD) multi-chain platform. It claims to be […]
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Binance Chain is launching a second, smart contract-enabled chain that will use Ethereum’s Virtual Machine to let its developers build decentralized apps. Binance Chain developers have proposed specifications for a new blockchain that would enable complex smart contract functionality within the Binance Coin (BNB) ecosystem. The specifications are available in its white paper, released on […]
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