The anomaly with the circulating supply of Binance Coin caused a massive $1.5 billion drop in its market cap this week. Binance assures that it has resolved the problem and BNB is back on track.
Binance Launchpad lottery rules have been updated. As it has been revealed by the company, it extends Binance Coin holding period implementing a number of others minor changes.
Altcoins have spent the second and third quarter of 2019 thus far falling in value relative to Bitcoin price. Litecoin, as always, is leading this rally, and in a sense, lights the path for the rest of the altcoin market to shine.
After keeping silence for more than a year after kidnapping, former EXMO analyst Pavel Lerner has given his first interview to the media.
Just recently a Wall-Street analyst boosted his price prediction for Microsoft (MSFT) stock price amidst the company’s quarterly earnings results. Microsoft is expected to publish their quarterly earnings tomorrow, on Thursday.
Binance Coin (BNB) lost $1.5 billion market cap in just 24h. No, there is no witchcraft involved – it all comes down to Binance’s decision on chopping the number of tokens in circulation and CoinMarketCap’s re-evaluation of BNB market cap.
It is expected that quite soon Binance will launch its crypto exchange in South Korea. The company is already looking for a Compliance Officer to work in Seoul.
This will be for the first time that any crypto platform is launching futures contracts for pre-launched assets. Each DOT token is available at $75 and can be purchased using CoinFLEX’s native FLEX tokens.
Binance has reported the successful completion of scheduled Binance Chain Mainnet ‘Galileo’ hardfork upgrade that took place at block height 20,300,000.
Since the token burn, BNB price has dropped from around $32 per token, to close to $28.3 per token at press time, according to CoinMarketCap. This is a drop of around 7%.
Contrary to popular belief, retail investors are still playing a major role in directing Bitcoin’s price action, thinks Binance CEO ChangPeng Zhao. He states that this growth is partly due to increased margin trading availability.
With institutions now firmly in on the game, crypto is entering a new era. This is great news for retail investors, as many of funds, derivatives, and other financial instruments are also open to individuals now.
At Binance’s 2nd anniversary’s AMA, Changpeng Zhao spoke about the extension of their 25% trading fee discount and the team’s commitment of BNB allocations to the token burn. Also, he announced testing of Binance Futures and providing Binance Visa card.
The BTC has been undergoing a correction for two days already. Generally it is trading at $11,500.
Binance users are now able to trade some cryptos on margin, using the exchange’s newly launched trading platform. The new service is paired with the existing cryptocurrency exchange under one platform, labeled Binance 2.0.