Search Results for: Binance Coin

Metrics Indicated Bitcoin Price Is Back on Route to $10,000

Bitcoin (BTC) price today lit up, racking 5.78 percent to a daily high of $9,398 before pulling back to stabilize in the region of $9,400. The strong upside movement lifted the top-ranking digital asset of CoinMarketCap through the resistance range of $8,800-$8,930. Since the halving day correction lowered the price to $8,122, the price of […]

Bitcoin’s Unstoppable Uptrend Reached Over $9,100

Bitcoin’s Unstoppable Uptrend Reached Over $9,100

For the Bitcoin industry, the past 24 hours is volatile. The cryptocurrency has been in an almost relentless uptrend since breaking past $7,800 on Wednesday morning. Surging past resistance after resistance in the $7,000s, $8,000s, and most recently, the ever-important $9,000-level. This extreme uptrend comes on the back of an increase in buying volume on […]

Bitcoin Whale Indicated BTC Price May Crash After Reward Reduction

Bitcoin Whale Indicated BTC Price May Crash After Reward Reduction

The third block reward halving of Bitcoin (BTC) scheduled to take place in 14 days. And this event is usually followed by a powerful rally. That many have long expected will bring the digital asset to a new all-time high. Surprisingly, Joe007, one of the cryptocurrency market’s bitcoin whales, has suggested that halving is already […]

Bitcoin Price Shows All 3 Key Signs of a Classic Bull Trap

Bitcoin Price Shows All 3 Key Signs of a Classic Bull Trap

The price of Bitcoin increased over a 24-hour span by more than 10 percent, rising from $7,020 to $7,770 on both spot and futures exchanges. But, BTC shows all three signs that the upsurge was a trap for bulls. Before the rebound, negative futures funding levels, Bitcoin altcoins struggling to run front. And the BTC […]

stablecoins

Stablecoins Reap the Benefits While BTC Is Having Its Hard Time: Coin Metrics

Coin Metrics is a blockchain analysis firm which recently finds that while bitcoin (BTC) is experiencing its daily drop stablecoins, on the other hand, are doing quite good & are reaping the benefits. Coin Metrics is globally famous for conducting various aspects of cryptocurrency tokens. The firm releases its State of the Network Report on […]

Binance P2P adds five new fiat currencies in lating america

Binance P2P Adds Five New Fiat Currencies in Latin America

Cryptocurrency exchange Binance has rolled our peer-to-peer (P2P) crypto trading with five new Latin American fiat currencies. Users of the Binance P2P trading platform can now buy and sell cryptocurrency directly with Brazilian Real (BRL), Argentine peso (ARS), Colombian peso (COP), Mexican peso (MXN) and Peruvian Sol (PEN). Supported cryptocurrencies include Bitcoin, Ether, Tether, Binance […]

Crypto Exchange KuCoin establishes KuGroup to expand services

IDG-Backed Crypto Exchange KuCoin Establishes KuGroup to Expand Services

Despite the ongoing global crisis fueled by intensifying coronavirus fears, Singapore-based cryptocurrency exchange KuCoin takes action to expand its services and restructure the business. Backed by major venture capital firm IDG Capital, KuCoin exchange has established KuGroup, a core division of the company that will manage all KuCoin products. KuCoin announces two new appointments alongside […]

bitcoin businesses in India

Indian Ministry Reveals Investigations into Bitcoin Businesses

A filing submitted in the lower house of India’s parliament – the Lok Sabha – has revealed an investigation into fraudulent practices by so-called “bitcoin companies” operating in the country. An official question was submitted by center-left parliamentarian Mohammed Faizal and was answered by Minister of State for Finance and Corporate Affairs Anurag Thakur on […]

Binance and WazirX sets up $50M

Binance & WazirX Sets Up $50M Indian Blockchain Fund to Foster Growth

Global decentralized cryptocurrency exchange Binance Group and WazirX are going to share the same stage to foster the growth of the Indian startup ecosystem. The collaboration has set up a $50 million (Rs 370 Crore) blockchain technology fund for India weeks after the Supreme Court struck down the curbs on cryptocurrency trade in the country. […]