Cryptocurrency Analysis and News Portal
Price pointBitcoin was rising along with gold and U.S. stock futures early Friday as traders reacted to Federal Reserve Chair Jerome Powell’s plan to let inflation run hot in coming years as the economy heals from the coronavirus-induced recession. The largest cryptocurrency, seen by some investors as a hedge against inflation, changed hands
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Getting in and out of a large bitcoin trade on cryptocurrency exchanges like Binance or BitMEX isn’t costing as much as it used to. That might be a healthy sign that digital-asset markets are maturing. At Binance, the world’s biggest cryptocurrency exchange by trading volume, the daily average spread between buy
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In the aftermath of the Twitter hack, lawmakers are targeting lax cybersecurity, not Bitcoin. Binance is looking to consolidate bitcoin mining in Russia, ConsenSys is being accused of stealing intellectual property and a celebrated comic book artist will be hawking his wares on the Ethereum blockchain. You’re reading Blockchain Bites, the
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Twitter users have raised concerns about the possibility of Binance’s Android app containing spyware. This speculation comes after recent revelations suggest that the social video platform, TikTok, contains spyware created by the Chinese government.According to the Twitter user @ShitcoinSherpa, who posted a certificate issuer’s screenshot, the permissions asked by Binance
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Quick take:Yesterday, Binance launched the BTCUSD Quarterly Futures Contract with a leverage of up to 125x.To promote the derivatives product, the exchange will offer users 30 days of maker fee rebates and taker fees as low as 0.020%.Within 24 hours of the launch, the product has traded over $100 million
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As Tezos (XTZ) staking has apparently been getting more popular in recent months, the service will be soon available on another cryptocurrency exchange in the United States. Binance.US, the U.S. arm of the world’s biggest crypto exchange, Binance, will launch staking rewards this week.As officially announced today, Binance.US will
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While China now has more billionaires than the United States and India combined, Binance CEO might have more money than any crypto person, a new report says.Binance CEO Changpeng Zhao has overtaken a co-founder of cryptocurrency mining giant Bitmain in the latest Hurun Global Rich List, an annual ranking
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Some call him the Bill Gates of the crypto industry, but I personally think he is not just pushing forward our industry but transforming deeply rooted economic and social culture. He fills concert halls talking about the importance of decentralization and the freedom of money. He finds time to
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Israeli-based fintech and cryptocurrency firm Simplex now supports two new fiat currencies — the Japanese yen (JPY) and the Canadian dollar (CAD).Following the addition, users at some of Simplex’s partner exchanges such as Binance will be able to buy crypto via credit cards using JPY and CAD, industry publication
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Chinese authorities have reportedly raided and shut down the Shanghai offices of leading cryptocurrency exchange Binance. Citing unnamed local sources, The Block says that local police have shut down Binance’s offices after raiding the premises. Between 50–100 of the exchange’s employees reportedly worked out of the Shanghai location.Binance has not
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