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Search Results for: cryptocurrency

Binance Added Nigerian Naira (NGN) In Its Trading Gateway

Binance the world’s most prominent cryptocurrency exchange announced that once again it has added a fiat gateway for the Nigerian Naira (NGN). Binance making more effort to extend cryptocurrency use and accessibility for the general public. As part of this Nigerian users can now able to deposit and withdraw NGN

November 8, 2022 1 min read

FTX’s FTT Token Price Drops 10% Post Mass Dump by Binance

Following recent developments, Binance CEO Changpeng Zhao declared over the weekend that the exchange will sell off all of its FTT holdings. After the announcement, the price of FTT dropped dramatically, losing about 10% of its value in a single day. Before the crypto community had time to process what

November 8, 2022 2 mins read

Binance Revises Terra Classic ($LUNC) Burn to Monthly Basis

Binance has changed the frequency of its Terra Classic (LUNC) burn mechanism from once every week to once every month. The trading costs on LUNC spot and margin trading pairs on Binance have resulted in the burn of 13.712 billion LUNC tokens so far. In addition, more than 26.361 billion

November 8, 2022 1 min read

Bitcoin Worth $3.15B Transferred to Exchanges in Last 24 Hours

Volatility has returned to the crypto markets. Coinglass reports that in the last 24 hours, $3.15 billion worth of Bitcoin (BTC) has been sent to exchanges, that is 152,000 Bitcoins. Now, it’s typically not a positive indicator when cryptocurrency is transferred from wallets to exchanges. This opens the door for

November 7, 2022 1 min read

Binance Sell-off Announcement Keeps Driving FTT Surges

As the digital asset market continues to grapple with the scandal surrounding trading firm Alameda Research’s balance sheet, traders in Asia rose to a market that was partially in the red. As a result of a public dispute between Binance CEO Changpeng CZ Zhao and Alameda CEO Caroline Ellison over

November 7, 2022 1 min read

Today’s Top 5 Crypto Gainers

The cryptocurrency market is down again this morning. It is currently trading at $1.04T, with a drop of 1.86%. However, Bitcoin is trading steadily around $20k, while Ethereum is trading above $15k. Even though both top coins are trading in red and the entire crypto market is facing a bearish

November 7, 2022 3 mins read

Binance Aims to Sell All of Its FTX Holdings, SBF Remains Silent

Binance CEO Changpeng Zhao also known as CZ announced his decision to sell all FTT tokens. FTT is a native currency of the most prominent crypto exchange FTX. Binance is world’s largest cryptocurrency exchange by daily trading volume and it holds around 23 million FTX tokens, valued at about $517

November 7, 2022 2 mins read

FTX CEO Third in Top Donors For 2022 U.S Midterm Elections

FTX is third only to a George Soros-owned corporation and a firm called Uline. The efforts may pay off in the form of improved regulation for the cryptocurrency industry. Sam Bankman-Fried, a crypto billionaire, is one of the biggest contributors to the 2022 U.S. midterm elections. It has been shown

November 6, 2022 1 min read

Circle to Release Euro Coin on Solana in First Half of 2023

FTX cryptocurrency exchange will let users deposit and withdraw Euro Coin on Solana. The USDC may now be transferred natively across blockchains. In the first half of 2023, Circle, a cryptocurrency payments business, will release Euro Coin, a stablecoin backed by the Euro on the Solana blockchain. At the Solana

November 6, 2022 1 min read

Helium Mobile Carrier Service Compatible With Solana Smartphones

Both projects will debut in the first half of 2023. Solana Saga phone would not be limited to Helium Mobile. Secure, crypto-powered, wireless network that is decentralized, Helium, has voted to switch from its own platform to Solana, a prominent layer-1 blockchain network. Now, with Helium and Solana combining their

November 6, 2022 2 mins read