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Tag Archives: Binance

Blockchain Expert Explains Tools to Reduce Token Circulation

One of the important factors that determine if a blockchain project makes a worthwhile investment is its token economy. When a project is set to hold a token sale, its white paper should specify how it will create a healthy balance between supply and demand of tokens. One that boosts their price. Blockchain investment expert Nick Evdokimov recently talked about ...

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Cardano Price Analysis: ADA/USD Surging Towards $0.20

Key Highlights ADA price climbed higher and broke the $0.1500 and $0.1700 resistance levels against the US Dollar (tethered). There is a crucial bullish trend line in place with support at $0.1600 on the hourly chart of the ADA/USD pair (data feed via Bittrex). The pair may perhaps continue to move higher and it could revisit the $0.2000 resistance zone. ...

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Stellar Lumens, EOS, IOTA, Litecoin, Tron Technical Analysis

Altcoins are making a comeback and none stands out like Stellar Lumens gains. CoinBase’s announcement and Tempo’s integration might be behind this but what is clear is that price action now favors buyers. EOS and Litecoin are also recovering and looking to reverse May-June losses while Tron is now handing over their bug bounty program to HackerOne. Overly TRX is ...

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Binance CEO Confirms Fourth Quarterly Binance Coin Burn

The CEO of the world’s foremost cryptocurrency exchange, Binance, has just confirmed that it will be going forward with an upcoming BNB token burn. Binance’s Fourth Token Burn Binance has become well-known for offering so-called ‘token/coin burns’, buying back and destroying its native cryptocurrency (BNB) every fiscal quarter. The burn has become so popular that users eagerly await the announcement, ...

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Bitcoin Price Weekly Analysis: BTC/USD’s Triangle Break Near

Key Points Bitcoin price formed a decent support near $6,050 and recovered against the US Dollar. There is a key triangle forming with resistance near $6,300 on the 4-hours chart of the BTC/USD pair (data feed from Kraken). The pair is facing many hurdles on the upside near the $6,300 and $6,450 levels. Bitcoin price is preparing for the next ...

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Crypto.com Drops New Cryptocurrency Enabled Visa Card at TechCrunch

Hong Kong based Monaco has rebranded to Crypto.com since it purchased the domain name for several million dollars and has announced its new cryptocurrency enabled MCO Visa card at TechCrunch. MCO Visa Enables Purchases with Crypto Kris Marszalek, CEO and co-founder of blockchain-based startup Crypto.com is at the TechCrunch conference in Zug, Switzerland discussed his company’s new MCO Visa card ...

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Owner of Montblanc, Piaget to Track Gold and Diamonds Using the Blockchain

The owner of some of the planet’s largest manufacturers of luxury goods has announced its intentions to implement blockchain technology. Richemont are hoping to use the innovation to help customers ensure the authenticity of their products and the materials used to make them. Richemont Plans to Track Luxury Goods and Precious Materials on the Blockchain The company in question, Richemont, ...

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Binance and Pantera Capital Among Investors as Oasis Labs Raises $45 Million

Oasis Labs has announced that it has raised $45 million to develop its privacy-focused decentralized cloud computing platform. In a press release published on July 9, the startup revealed that it had raised the funding from over 10 investors who were pooled from various industries including venture capital and hardware manufacturing. Among the more prominent investors are the world’s largest ...

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Crypto Exchange Binance Backs Plans to Create First Decentralized, Tokenized Bank

The world’s second largest crypto exchange, Binance, is backing plans to create a blockchain-based bank with tokenized ownership, Bloomberg reports today, July 12. The future “Founders Bank” would be owned by digital token investors and be based in Malta, known for its robust and transparent crypto regulatory climate. According to Bloomberg, Binance has already invested in a 5 percent stake, ...

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