RenrenBit CEO Zhao Dong speaks about Tether’s yuan-backed stablecoin and its impact on Bitcoin and crypto startups in China. In late August various crypto media reported that Tether planned to issue a Chinese yuan-backed stablecoin. Bitfinex shareholder Zhao Dong told ChainNews that the stablecoin would be called CNHT and be held in offshore accounts. Zhao […]
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Most major cryptocurrencies have stopped falling. They can start a pullback, which will offer buying opportunities for aggressive traders. Various cryptocurrency operators have joined hands to launch a rating system that will define how close a digital asset resembles a security. On a scale of one to five, one will be awarded to cryptocurrencies that […]
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The United States-based branch of cryptocurrency exchange Binance, “Binance.US,” opened account registration and verification services for residents of Puerto Rico. The United States-based branch of major cryptocurrency exchange Binance, “Binance.US,” opened account registration and verification services for residents of Puerto Rico. According to an official announcement published on Sept. 30, Puerto Rico residents have the […]
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Binance delists new trading pairs of tokens, some of them were launched through its own IEO platform. Major cryptocurrency exchange Binance announced on Sept. 30 that it is removing a batch of thirty trading pairs from its listings. Curiously, six of those trading pairs involve tokens launched on Binance Launchpad Initial Exchange Offering (IEO) platform, […]
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Major cryptocurrencies have entered the green zone after seeing severe losses over the past couple of days, with Bitcoin’s price over $8,000. Saturday, Sept. 28 — All of the top-20 cryptocurrencies by market cap have entered the green zone, recovering from recent losses, with Bitcoin (BTC) hovering above the $8,000 mark, according to Coin360. Cryptocurrency market […]
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Keep a close eye on Bitcoin for the next few days as a strong bounce might offer a good buying opportunity for traders who missed the bus last time. When Bitcoin (BTC) rallies sharply it does not leave a chance to buy. Traders then regret missing the bus. They promise themselves that they will buy […]
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The payout date for Bitcoin options may or may not be a bearish trigger, according to a popular survey. Bitcoin price (BTC) stayed bounced back above $8,000 on Sept. 27, the day when over 50% of open interest in Bitcoin options is set to expire. Cryptocurrency market daily overview. Source: Coin360 37,000 Bitcoin options expire […]
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Is the current fall the start of a new bear market or is this a bear trap? Let’s analyze the charts. The total cryptocurrency market capitalization had repeatedly taken support close to the $250 billion mark since mid-July of this year. However, the recent collapse in crypto markets led by Bitcoin (BTC) has broken the […]
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Binance Coin (BNB) is reeling and is currently at a 6-month low after Bitcoin price suddenly dropped to $8,200. Prior to Litecoin (LTC) kicking off a 200% rally that would spread to Ether (ETH) and Bitcoin (BTC), Binance Coin (BNB) was the shepherd that signaled the altcoin herds to rally forth in what is now […]
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Binance’s United States regional trading platform Binance.US has signaled support for five new cryptocurrencies including ADA and BAT. Binance.US, the United States branch of major crypto exchange Binance, announced that its users will be able to deposit five cryptocurrencies, namely: Cardano (ADA), Basic Attention Token (BAT), Ethereum Classic (ETC), Stellar (XLM) and 0x (ZRX). According […]
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