eToro senior markets analyst Mati Greenspan isn’t one to mince words. When responding to a query on entry-level crypto investing, the portfolio manager didn’t hesitate to point out the top three cryptocurrency choices that are currently piquing his interest: Hi Paul. My top three favorite cryptos right now are BTC, LTC, & BNB. This is not trading advice. I don't know the...
On a relatively muted Thursday for the cryptocurrency market, one coin is a clear outlier: binance coin (BNB). While bitcoin ekes out a small 2 percent rise, binance coin is up almost 11 percent in the last 24 hours. The move comes despite hackers claiming to have obtained personal data from the Binance exchange. Binance Coin up 11% BNB is the biggest mover on the cryptocurrency market today...
Binance yesterday completed its eighth quarterly “burn” of BNB. With this move, the exchange follows its commitment to reduce the total token supply periodically. However, along with the obligatory token burn, Binance CEO Changpeng “CZ” Zhao announced that his company would relinquish its entire BNB allocation as part of its efforts to promote the growth of the ecosystem...
This article was edited by Samburaj Das.
By CCN: Changpeng “CZ” Zhao wants Craig Steven Wright to pick on someone his own size. The binance CEO has announced a new Binance Charity Foundation program dedicated to the legal fees of people who can’t afford to fight sue-happy Wright alone. To kick things off, CZ is putting his money where his mouth is and donating $10,000 in BNB to the fund. The BNB is earmarked for people...
By CCN: Origin Kebabs just wanted to let its followers know that four of its Queensland stores now accept bitcoin as a form of payment. Facebook wasn’t having it and blocked the Aussie restaurant from advertising on the social media platform. Someone might want to tell Mark Zuckerberg before he launches his own FaceCoin or they could find themselves in an awkward spot. Origin Kebabs posted:...
By CCN: These are heady times for Binance Coin (BNB), the in-house cryptocurrency launched by the world’s largest crypto exchange, Binance. BNB hit a new all-time high a few days ago and the exchange successfully launched Binance chain, which features BNB and marks the coin’s independence from Ethereum. The cryptosphere has been filled with noises about BNB possibly being the new...
Binance Coin (BNB), the native token of Binance crypto exchange, posted up to 22% gains Tuesday as it entered the top ten crypto index. The Binance-to-Dollar rate (BNB/USD) established its intraday high at 8.788 at the European session open. Earlier today, the pair opened at 7.158 as a part of its previously ongoing rally. On January 31, the BNB/USD was trading as low as 6.079, which brings the...
Binance Coin on Wednesday surged as high as 8.5 percent against the US Dollar after the company released a demo video of its decentralized exchange. The BNB/USD is now trading at 6.33-fiat, down 1.89% from its intraday high at 6.45-fiat. The pair is moving inside a rising wedge channel, a price wave reversal pattern. As it heads to a completion – signified by depleting volume and price...
The Binance Coin token (BNB), which currently entitles users to a 25% discount on exchange fees, has seen some serious trading activity over the past 24 hours, running it up by about 20% to over $6.00 before a slight pullback to $5.85. There are a number of factors that could be at play. Increased trading as a result of Binance’s listing new stablecoins and subsequently attracting new traders is...
On Tripio, a blockchain-based hotel booking platform, Binance Coin (BNB) users are now able to book 450,000 hotels and residential accommodations using the BNB crypto token. On December 4, Tripio officially announced a strategic partnership with Binance to enable more than 10 million active users in the Binance ecosystem to utilize BNB as one of the main currencies on the Tripio platform to...
Social trading platform eToro has partnered with Binance to list the Binance Coin (BNB) cryptocurrency on its platform. eToro also becomes the first platform to offer the BNB tokens to investors for trading using fiat. The addition of BNB on the trading platform increases the number of crypto assets available to eToro’s investors to 13. BNB is the native token of Binance, otherwise known as...
At the Liechtenstein Cryptoassets Exchange (LCX), Binance CEO Changpeng Zhao told TechCrunch founder Michael Arrington that 90 percent of the exchange’s employees receive their salaries in BNB. “Just one of the interesting things @cz_binance told me this week at LCX event: 90% of binance employees choose to receive their salary in BNB tokens. Smart people,” Arrington said on Twitter. Setting an...
The Binance Coin price (BNB) experienced a double-digit percentage rally on Friday after its issuer — cryptocurrency exchange giant Binance — announced that it was doubling the referral bonus for users holding a large number of BNB. BNB Price Makes Double-Digit Rally Despite Bearish Market BNB spent most of the previous day trading between $12.25 and $13.00, but at approximately 10:15...
Cryptocurrency exchange giant Binance announced Tuesday that it will launch its own “tailored blockchain” in an apparent first step toward building a decentralized exchange (DEX). The Hong Kong-based company — which regularly ranks as a top-three cryptocurrency exchange as measured by daily trading volume — made the announcement in a blog post, explaining that Binance Chain will...