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Tag Archives: Binance

Top Crypto Exchange Binance Adds Circle’s USD Coin in Latest Stablecoin Support Move

Major cryptocurrency exchange Binance announced it would list Circle’s USD-pegged stablecoin USD Coin (USDC) in a blog post Nov. 15, with deposits opening immediately. USDC, which the financial services company announced in May this year and released in September, is one of an increasing number of cryptocurrencies notionally tied 1:1 with a major fiat currency. Binance is not the first ...

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Tokyo Police Crackdown on Alleged Crypto Pyramid Scheme, Arrest Eight Individuals

As global regulators rush to institute legal frameworks aimed at reducing the amount of fraud and scams that exist within the cryptocurrency industry, a recent series of arrests in Tokyo highlight just how important regulations can be. Earlier today, police in Tokyo arrested eight individuals in connection to an alleged cryptocurrency pyramid scheme that collected approximately $68.42 million in cash ...

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IMF: Governments and Banks Should Setup and Control Their Own Cryptocurrencies

Speaking at the Singapore Fintech Festival this week International Monetary Fund head, Christine Lagarde, said that governments and central banks should work towards setting up their own digital currencies. Centralization, Control and Regulation Recommended She added that a central bank regulated system could become the starting point for rapid expansion into developing economies, reaching some of the world’s poorest without ...

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ICON VC Posts Clarification as Dissent from ICX Investors Grows

The ICX investors woke up one morning and found the total circulating supply of their coin increased by 18 percent. Things didn’t go well after that. Many investors took Reddit to complain about the overnight ICX token supply pump. They argued that the team behind the blockchain startup neither published any explanation nor they consulted the community before taking the ...

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Ripple Price Analysis: XRP/USD Sellers In Control Below $0.5200

Key Highlights Ripple price declined recently and tested the $0.5000 support area against the US dollar. There is a major bearish trend line in place with resistance at $0.5120 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair is currently under pressure below the $0.5120 and $0.5200 resistance levels. Ripple price is struggling to gain ...

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Binance Boss Predicts Year End Crypto Bull Run

Bears have dominated the last three quarters in the Bitcoin market. But the sentiment is about to reverse, according to Changpeng Zhao. The CEO of Binance, the world’s leading crypto exchange by volume and earnings, said in an interview that he expects a new bull run phase in the Bitcoin market. The gutsy prediction found its support in the comparison of ...

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Islamic Scholars Approve Swiss-Based Value Preservation Payment Token X8X

X8 AG, a Switzerland-based blockchain technology company and creator of value preservation payment token X8X, has obtained the approval from Islamic scholars in order to be marketed as a Sharia-compliant digital currency. The certification will allow the business to expand in the Middle East as regulators and financial exchange in the region increasingly attempt to encourage innovation in the field ...

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Bitcoin Price Watch: BTC/USD Targets Fresh Weekly Lows

Key Points Bitcoin price declined recently below the $6,300 support before correcting higher against the US Dollar. There was a break above a connecting bearish trend line with resistance at $6,360 on the hourly chart of the BTC/USD pair (data feed from Kraken). The price is struggling to break the $6,380 resistance and the 100 hourly simple moving average. Bitcoin ...

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SEC Fines EtherDelta, Binance To Attract Institutions

The crypto market may have stagnated, but this industry’s innovators have continued to incessantly beat the “BUIDL” drum, as pro-crypto developments were as present as ever throughout the past week. Crypto-Friendly Governors Elected In Colorado, California To many crypto savants, the modern political scene, which promotes centralization and censorship in some cases, is far from a topic of importance. But, as Tuesday’s ...

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Cryptocurrency Exchange Giant Binance Launches Research Division

Twitter Facebook LinkedIn Binance announced around midnight Chinese time yesterday that it is branching beyond being an enterprise-quality consumer token exchange with the launch of Binance Research, an investigative subproject which relays in-depth, objective information on upcoming tokens – presumably, tokens listed on the exchange. Binance Research is a new pillar of the Binance ecosystem, focused on the creation of ...

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