In brief: The team at Binance has completed one of the largest coin burns of BNB to date. The Binance Chain community recently released a whitepaper outlining plans to enable smart contracts. Binance Coin has its eyes set on erasing all losses experienced in March. In December of 2018, Ethereum World News hinted that Binance...Read More
In brief: Binance Launchpad will conduct its second crowdfunding campaign of 2020 with the Cartesi Project. In an earlier analysis, $15.50 had proved a difficult ceiling to break for Binance Coin (BNB). BNB has since broken this resistance and looks set to attempt erasing all losses of March. Opening the twitter page belonging to the...Read More
Key takeaways: In a previous BNB/USDT analysis, Ethereum World News had postulated that the coin would retest $14. Traders and investors had been advised to keep an eye out for any bullish news that might propel BNB further. Coincidentally, the exchange acquired Coinmarketcap soon after. The coin has a short term resistance at $15.50. Will...Read More
Quick take: Poloniex recently launched LaunchBase, its homegrown IEO platform. Tron (TRX) is the sole digital asset approved for investment on LaunchBase. Could TRX experience a run in the markets similar to BNB’s in 2019 when Binance Launchpad was launched? On the 5th of April, the crypto exchange of Poloniex announced that it had a...Read More
In brief: Mid last week, Binance confirmed rumors that it had acquired the popular crypto tracking platform of Coinmarketcap.com. The acquisition elicited mixed reactions from crypto enthusiasts. Some approved the deal while others saw it as a possible hostile takeover compromising Coinmarketcap. However, with this major move, Binance has now normalized the process of acquisitions...Read More
In brief: The team at Binance has made 3 major announcements in less than 24 hours. Firstly, Binance launched a new Fiat on-ramp for the South African Rand (ZAR). Secondly, the team launched a new OTC trading portal. Thirdly, flexible deposits are now available for Litecoin (LTC) and Tron (TRX). The last 24 hours have...Read More
In brief: Binance Coin was not spared by the crypto market turmoil seen on the 12th and 13th of March. BNB dropped to a level of $6.40 last seen in February of 2019. The prominent alt-coin might reclaim $14 but the general trend is still in a downward trajectory. However, possible news developments at the...Read More
In brief: Binance has announced the launch of the Binance Card that allows users to shop and pay with crypto anywhere VISA is accepted. Binance Card will initially be a virtual card in a Beta version of the new service. Users can only top up using Bitcoin (BTC) and Binance Coin (BNB). The team at...Read More
