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Binance Coin Price Analysis: Bulls Eye Reversal on 4-Hour Chart

Since the 13th of June bears have caused Binance Coin to pull-back down from the highs of 0.044 sats down to visible lows around 0.024 sats, resulting in a 45% correction. Short-term timeframes are starting to indicate that a potential reversal could play out over…

Binance Adds Margin as Exchange Competition Heats Up

This week, the world’s largest exchange by trading volume, Binance, launched margin trading. In doing so, it made the elite group of exchanges that offer crypto derivatives less exclusive than it once was. Binance, Kucoin, and Bitmax have all rolled out margin products this year,…

Binance Burns 808,888 BNB Tokens, Outperforms Other Altcoins

Binance burns about 808,888 in its quarterly token burn which spiked the token to outperform other tokens on the market as we can see in the coming altcoin news today. The exchange is dedicated to the commitment to reduce the total token supply periodically. However,…

Binance burns $24 million worth of BNB tokens allocated to team

Top cryptocurrency exchange Binance has just completed an eighth quarterly burn of its native token Binance Coin (BNB), according to a blog post on Friday. The burn involves 808,888 BNB tokens (worth nearly $23.8 million) allocated to the Binance team. The team was allocated 40%…

Bitcoin Price Analysis: Bears Struggle To Gain Momentum

The most recently formed rising wedge shown in my previous bitcoin price analysis broke to the downside less than 24 hours ago. Despite the bearish break-down there seems to be no real bearish momentum, despite the large selling volume. Price action seems to have formed…

Binance Debuts Margin Trading As Bitcoin Volatility Hits Markets

Malta-based cryptocurrency exchange giant Binance has formally launched margin trading for most of its users following months of speculation.  Long-Awaited Bitcoin Trading Feature Goes Live In a blog post July 11, executives released the platform’s latest product, along with a dedicated guide on how it…

Margin trading at Binance goes live

The world’s largest cryptocurrency exchange Binance has today officially launched margin trading for “evolving cryptocurrency traders.” Margin trading is trading with borrowed money, which comes with higher profit potential and greater risk. The exchange was preparing to launch the service over the past few months.…

Binance Coin (BNB) Prices Are Flat, Is Changpeng “Killing” ETH?

Binance Coin (BNB) flat-lining, down 3.1 percent Ethereum being sidelined, Binance delisting and shunning ETH trading pairs By rebranding and delisting PHX/ETH trading pairs, observers say Binance is deliberately sidelining Ethereum projects. Understandably, Binance following their mainnet launch is a competitor. At the time of…

Binance Reduces Block Confirmations On BTC & ETH Transactions

Giant cryptocurrency exchange, Binance on Tuesday announced through their official announcement channel that the platform had reduced the required number of network confirmations needed to deposit and withdraw major cryptocurrencies on their platform. As the exchange revealed that the decision was taken as a measure…