Binance | Crypto Profit Bot

Bitcoin’s drop from $64K comparable to Black Thursday, but Coinbase outflows hint at accumulation

May 18, 2021

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Elon Musk and COVID-19 have something in common: They have both panicked investors — at least once — into dumping their Bitcoin (BTC) holdings. The similarities notched up higher in the previous six days as Musk doubled down on his chaos-inducing perspective toward Bitcoin. The billionaire entrepreneur engaged in a Twitter spat with top cryptocurrency […]

DeFi growth helps push crypto’s share of the global money supply above 2%

May 15, 2021

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This year decentralized finance (DeFi) has proven to be a transformative sector for the cryptocurrency ecosystem and it is also making waves in among global financial markets as institutional investors become entranced with the potential to earn high yields on stablecoins, altcoins and Bitcoin. While the price action from Dogecoin (DOGE) has dominated the headlines […]

1inch Network increases liquidity sources by expanding to Polygon

May 13, 2021

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Polygon, formerly known as Matic, offers 1inch Network more capabilities, including higher throughput and access to large liquidity pools. 8579 Total views 24 Total shares 1inch Network, a leading decentralized exchange aggregator, has officially expanded to Polygon — a move that opens up additional liquidity sources on Curve, SushiSwap, QuickSwap, Aave V2 and Cometh. 1inch announced […]

How did Internet Computer (ICP) become a top-10 cryptocurrency overnight?

May 12, 2021

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Traders valued Internet Computer (ICP) at $630 in its debut on Coinbase on Monday. On Binance, however, the dollar bids for the token surged to as high as $3,093 as of Tuesday. Meanwhile, HitBTC reported ICP at a peak of roughly $407. The huge price differences across multiple cryptocurrency exchanges showed a berserk trading sentiment […]

Shiba Inu hits another exchange as SHIB deposits overwhelm Binance

May 11, 2021

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Shiba Inu (SHIB) was listed on three different cryptocurrency exchanges in the past 48 hours after an explosive 966% surge in the same time frame sent the token to 18th in the market capitalization rankings. Self-described as the “Dogecoin Killer,” SHI’s instant addition to Binance on Monday surprised onlookers, many of whom expected a more […]

DeFi hacks on Binance Smart Chain rise as TVL and volumes increase

May 10, 2021

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Binance Smart Chain, or BSC, was launched in September 2020 as a parallel blockchain to Binance Chain. It enabled the creation of smart contracts and a staking mechanism for the native token of both blockchains, Binance Coin (BNB). In its brief nine-month existence, there have been a lot of decentralized finance, or DeFi, projects built […]

Dogecoin imitator Shiba Inu pumps 146% on Binance listing

May 10, 2021

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The DOGE imitator gained nearly 1,000% in the past 48 hours as Binance announces it’s making room for SHIB despite Vitalik Buterin owing 50% of the supply. 32153 Total views 94 Total shares Having emerged with the self-applied moniker of “Dogecoin Killer,” the latest cryptocurrency to succeed on laughs alone is making its way to […]

Binance CEO warns of CBDC drawbacks as digital dollar pilots proceed in US

May 4, 2021

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CBDCs will never offer the same freedom of use as cryptocurrencies like Bitcoin, according to Binance CEO Changpeng Zhao. 6514 Total views 29 Total shares Cryptocurrencies like Bitcoin (BTC) and Ether (ETH) will co-exist “for a while” with more restrictive digital currencies like China’s digital yuan, Binance CEO Changpeng Zhao said in a Bloomberg interview on […]

Binance CEO CZ: Bitcoin is less volatile than stocks like Apple and Tesla

May 3, 2021

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Changpeng Zhao says the crypto faithful are in it for tech compared to gain chasers looking for the next “moon-shot gem.” 6969 Total views 35 Total shares Binance CEO Changpeng Zhao has commented on the volatility of Bitcoin (BTC), stating that the largest crypto by market capitalization is probably less volatile than the stock prices […]

DeFi adoption on the Binance Smart Chain reaches new highs

May 1, 2021

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Decentralized finance (DeFi) has taken a well-deserved break from the spotlight over the past couple of months after being one of the hottest sectors at the start of 2021, but recent growth on several top platforms may hint at another DeFi run in the near future. While projects that operate on the Ethereum (ETH) network […]

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Category: Binance