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.
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.
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.
Binance has launched a new Fiat-to-Crypto Platform in Singapore called Binance SG. The Changpeng Zhao-led firm partnered with Vertex Ventures for this and to also grow the cryptocurrency and blockchain ecosystem in Singapore.
Even though some media are claiming that Ethereum is being assaulted on a completely different front by an unexpected foe: Binance, that just doesn’t seem true, here’s why.
The price of the popular Dogecoin cryptocurrency skyrocketed after the announcement that it has been listed on the Binance exchange at midday (UTC) Friday. The cryptocurrency had surged by 34 percent to $0.004324.
The new initiative of the Binance Charity Foundation is aimed at improving feminine health in developing countries. The alliance of 47 companies will cooperate to introduce Pink Care Token.
Binance.US onboarded former Ripple executive Catherine Coley as its new CEO. Coley, who worked as the head of XRP Institutional Liquidity at Ripple, will manage the launch of Binance.US and BAM’s North American market expansion.
Binance decided to enable futures trading. At the Asia Blockchain Summit in Taipei, Changpeng Zhao, founder and CEO of the exchange, showcased a futures trading interface on Binance with features including longs and shorts on crypto assets.