Fri, November 29

Binance Research Report Highlights Global Trends in Stablecoin Regulation Amid Growing Demand

As blockchain-backed digital assets that are anchored to fiat currencies or other assets, stablecoins have become more popular in the global financial scene. These digital currencies promise to transform international finance by providing stable, transparent, and effective cross-border transactions. But because of their quick expansion, regulatory agencies all over the globe

October 15, 2024 3 mins read

Scroll’s Binance Listing Sparks Decentralization Debate in Crypto Community

The recent listing of the Ethereum layer-2 project Scroll on the centralized crypto exchange Binance has sparked a discussion over centralization within the crypto community. Although some saw the listing—announced on October 11—as aligning with centralized corporations, others saw it as having the ability to increase growth. There were voices

October 12, 2024 2 mins read

Binance Coin Fails To Reach $600 Level: What’s Next For BNB?

Binance Coin (BNB) finds itself at a critical juncture as it grapples with persistent resistance levels at $606 and $618. For over two months, these price points have thwarted BNB’s attempts to break higher, leading investors to brace for potential bearish outcomes and adjust their positions accordingly. The overall macro

October 11, 2024 2 mins read

Nigerian Court Denies Bail to Binance Compliance Chief Despite Health Issues

A Nigerian court denied bail to Tigran Gambaryan, Binance’s Compliance Chief, despite his worsening health condition.The decision was handed down on October 11, 2024, following Gambaryan’s second bail plea. His legal team highlighted his medical condition, arguing that he requires urgent attention, but the court rejected the request. Gambaryan faces

October 11, 2024 2 mins read

SUI Ranks Third In Altcoin Netflow, Behind Ethereum and Solana

The SUI ecosystem has emerged as a focal point for investor attention this October, setting multiple records and outperforming many of its altcoin peers. While numerous cryptocurrencies struggle to maintain recovery momentum, SUI had achieved new all-time high of $2.16, showcasing its robust market performance. CoinMarketCap data reveals that the

October 9, 2024 2 mins read

Binance Launches Traders League with a Whopping $10M Prize Pool

Binance, the global blockchain ecosystem trusted by more than 230 million users globally, is excited to announce the launch of Binance Traders League. With Binance committing to the largest rolling prize pool of over $10 million in incentives, Traders League will become the premier event for the cryptocurrency trading community.

October 8, 2024 2 mins read

Binance Research Report Highlights Monthly Market Insights for September

The total market cap of the cryptocurrency market increased by 8.0% in September 2024, propelled by positive global macroeconomic trends as per the latest report by Binance Research. Market optimism was fueled by favorable U.S. job market statistics and the Federal Reserve’s decision to reduce the federal funds rate by 50 basis

October 4, 2024 4 mins read

Binance Faces Sharp Drop in Derivatives Trading Volume in September

September saw a precipitous drop in trading volume on crypto exchange Binance. A CCData analysis states that derivative trading volume on Binance hit a low of $1.25 trillion in September, down 21% from the previous month and the lowest since October 2023. As a result of the drop in trading,

October 3, 2024 2 mins read

Binance Research October Report Highlights Key Crypto Market Challenges

A Binance research October report explores issues related to fund transparency, centralization concerns, valuation, and the tactical use of rebranding as it digs into important market insights in the crypto space. It provides a thorough view of the present market dynamics by reflecting perspectives from a range of market actors, including retail users,

October 3, 2024 3 mins read

Binance Expands Crypto Services to Argentina After Securing Full License

Crypto exchange Binance has expanded to Argentina with a successful registration. The announcement that the exchange had obtained a complete license in Kazakhstan to provide crypto services to Kazakh residents came recently before this latest development. The cryptocurrency exchange said on its blog that it is now able to provide

October 1, 2024 2 mins read