Binance Coin (BNB) Finds Inclusion on KuCoin Exchange as Trading Platform Supports Binance Chain

Binance Coin (BNB) Finds Inclusion on KuCoin Exchange as Trading Platform Supports Binance Chain

Another crypto exchange has listed the hottest asset of 2019 so far: Binance Coin (BNB). The crypto exchange KuCoin recently affirmed that it was listing the token on the following trading pairs: BNB/BTC (Bitcoin) and BNB/USDT (Tether). The announcement was made on Twitter.

You can already deposit your money in order to start trading at 16:00 UTC+8 today. Trading is set to begin at 18:00 UTC+8 today.

Binance Talked About New Listing

The CEO of Binance, Changpeng Zhao, affirmed that KuCoin made a really smart move by starting to support the token. According to him, this could bring many benefits to the exchange and will help KuCoin to grow.

He also affirmed that now the KuCoin users will have access to some of the projects on the Binance Launchpad now and that some of the traders that are not serviced by Binance at the moment will be able to use the exchange in order to trade tokens.

While this seems somewhat arrogant, the truth is that Binance Coin was the token that grew the most in price this year, growing more than even something such as Bitcoin.

In the thread of the announcement post, some users asked whether KuCoin would also list Binance in return or if the company would not do it. The answer was simple: if KuCoin migrated to the Binance Chain, then the token would probably be listed. Otherwise, the chances were not looking so good.

Binance Continues Its International Expansion

This is another important key move for the expansion of Binance, which is getting some important ground lately. The company is expanding its services and catering to more users these days than it used to do before.

Another important step for the company is to set up a U. S. branch that can be compliant with the local legislation. In order to do it, the company is, unfortunately, planning to ban U. S. users from using its services. From September onwards, people based in the country will not be able to trade anymore, as the company will operate legally in the country.

This brings major positive and negative aspects to local users as they will be required to pass harsher whitelisting processes in order to be accepted.

Binance is also said to be preparing to launch some stablecoins. One of them is set to be pegged to the Great Britain Pound (GBP).

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Author: Gabriel Machado

LongHash Data Shows How Tokens Resurged After Prolonged Crypto Winter

Another Crypto Winter Bear Market Not Coming Until Bitcoin's Peak in 2021

Tokens Resurge After Crypto Winter

According to OnChainFX (one of the top digital asset metrics and ranking platforms which is used to track real transaction volumes of any crypto asset), data gathered by LongHash shows that most tokens have dropped about 50% since reaching their all time highs (ATH).

ETHLend

The Ethereum based ETHLend was the most surprising of them all. ETHlend uses the digital token as a form of collateral during transactions.

LongHash described ETHLend as a decentralized peer-to-peer smart contracts lending platform.

The Ether (ETH) based token became quite popular as investors used Ether (ETH) for smart contracts transactions which led to massive gains before the bear market hit.

Similarly, tokens like Ravencoin and Holo have remained at half their all time high values since the bull run of 2017.

The Binance Coin (BNB) And Chainlink (LINK) Growth

However the resurgence of the Binance coin (BNB) and Chainlink (LINK) came as a surprise to the crypto community as they both witnessed all time highs way higher than their previous ATHs.

Short Lived Bull Rush

According the the chart by LongHash, tokens witnessed their all time highs between December 2017 and January 2018, then dropped significantly. Many crypto investors as well as traders missed out on this bull rush as it was short lived and the “crypto winter” phase emerged.

On the 13th of June 2019, LongHash, sharing the significant growth of LINK, in a Tweet, said :

“Chainlink (LINK) is having a pretty good day”.

The Binance coin (BNB) and Chainlink (LINK) have done pretty well in recent times, which of course is in the pleasure of the crypto community.

[Author Alert] The author’s opinions above are solely based on their own self-conducted research. Assume any and all authors are using, holding, trading and/or buying cryptoassets mentioned as a portion of his or her financial portfolio. Use information at your own risk, do you own research, never invest more than you are willing to lose.

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Author: Osahon Okodugha

Barry Silbert of Digital Currency Group Believes Bitcoin’s Bear Market Winter Is Ending

Barry-Silbert-of-Digital-Currency-Group-Believes-Bitcoins-Bear-Market-Winter-Is-Ending
  • Barry Silbert believes that the surge in crypto asset prices is a sign that the winter is ending.
  • Tone Vays contradictorily believes that the surge is due to inside capital and that the crypto winter will continue.

As the cryptocurrency market has evolved, it has already gone through some bearish and bullish trends. For 2018, the bear market took over, creating a “crypto winter,” but there are many people who say that the recent rallies of Bitcoin are an indication that the crypto winter is ending, like Barry Silbert. Silbert, the founder and CEO of Digital Currency Group, recently spoke with Bloomberg Technology of June 11th, expressing the cyclical nature of Bitcoin.

Explaining, Silbert told Bloomberg Technology that Bitcoin naturally experiences ups and downs in a pattern, which he believes is an indication that the crypto prices are meant to continue rising. The crypto investor discussed how the price dynamics of Bitcoin have been, in recent years, “quite a roller coaster,” considering that the price has taken an 80% to plummet four times in the last eight years, though it has reached all-time highs as well.

Considering these details, along with the surge in the market in 2019 so far, Silbert said that the current market “looks like, perhaps, we are coming out of a crypto winter and we’ve entered a crypto spring.” The executive added that there is a recent increase of institutions in the market, which shows that Bitcoin has come a long way since the bull market of 2017 after nearly reaching $20,000. Bringing attention to initiatives from traditional institutions, like Fidelity’s Bitcoin custody offering, Silbert explained that the contrast since 2017 is “really night and day.”

Earlier in 2019, Silbert said that he believes that the majority of digital tokens won’t be holding onto their value over time. He added that nearly every initial coin offering (ICO) that has been launched was

“just an attempt to raise money but there way no use for the underlying token.”

Tone Vays, a current researcher on blockchain and a former executive with JPMorgan, recently made comments that appeal skeptical that the crypto winter is over. In a stark contrast to Silbert’s opinion, Vays believes that internal capital was the primary support for the recent surge in crypto prices, which is not as confidence-inducing as the idea that external money is coming in.

According to recent data from CoinMarketCap, Bitcoin is presently priced at $8,161.73, rising by 3.72% in the last 24 hours. Most altcoins in the top 100 cryptocurrencies have seen gains in the same timeframe.

All of Today’s Bitcoin Price Analysis, Chart Forecasts and Industry News

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Author: Krystle M

Bitpanda Global Exchange Launches to Target Institutional Traders and BEST Token IEO

bitpanda-global-exchange

Bitpanda Launches Bitpanda GE To Target Institutional Traders As It Goes International

High-volume digital asset traders who prefer Bitpanda as their favorite trading platform now have a reason to smile. Bitpanda, an online crypto trading hub based in Vienna, Austria, is rolling out a worldwide digital asset exchange that will specifically to cater for their needs.

The new exchange, christened Bitpanda Global Exchange, or just Bitpanda GE, according to an announcement made on Wednesday 5th June, will target all experienced traders. Ideally, it will allow professionals and institutional cryptocurrency investors to conveniently trade or store their assets.

Few Selected Trading Pairs

For the start, however, this exchange will support a selected number of crypto-to-crypto and crypto-to-fiat pairs. The first crypto-to-crypto pairs which essentially feature the prominent coins include ETH/BTC, XRP/BTC, MIOTA/BTC, PAN/BTC, and BEST/BTC, although the number will increase when it starts supporting more.

As for the rest of the crypto-fiat combos, the exchange will support BTC/USD, BTC/Euro, ETH/Euro, XRP/Euro, MIOTA/Euro, BEST/Euro, and BEST/USD pairs. The exchange will allow verified traders to deposit their funds in only three fiat currencies – Euro, Swiss Franc or British Pound.

According to the Press Release, traders will be able to directly transfer funds between the new exchange and Bitpanda since the two basically are interconnected. This whole development clearly underpins the growth that this exchange, established in 2014, has undergone, which according to the platform CEO, Eric Demuth, will mold lots of synergies.

Bitpanda Is Also Launching An IEO

While announcing the launch of Bitpanda GE, the Vienna-based crypto trading platform also mentioned the unveiling of their debut Initial Exchange Offering. The IEO will award holders of its native token Bitpanda Ecosystem Token or BEST with a 25% discount on any trading costs they incur.

It will also grant them free access to the forthcoming Bitpanda Launchpad; a platform that will help in creating 3rd party IEOs. The incentive, according to the platform’s CEO, is critical in the overall growth of Bitpanda and especially now that it’s going global. The token is expected to be at the heart of the platform’s universal reach while helping to democratize investment and personal finance.

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Author: Lillian P

Blockchain Firm AlphaPoint Reveals Telyatnikov as New CEO in Company Reshuffle

Blockchain Firm AlphaPoint Reveals Telyatnikov as New CEO in Company Reshuffle

Global asset tokenization software and digital trading technology company AlphaPoint has appointed President Igor Telyatnikov as its new Chief Executive Officer (CEO) after former CEO Salil Donde stepped down from the post.

Igor, being a founding member of AlphaPoint, has held various key positions over the years while contributing immensely towards the growth and expansion of the company. Notably, Telyatnikov is known for overseeing the revenue growth, business strategy, and customer success of AlphaPoint.

AlphaPoint is a prominent tech company which is known for creating key technological solutions for individuals and financial institutions around the world. The platform also provides opportunities for its clients due to its wide customer base and significant market stakeholders.

The company also revealed Joe Ventura, the previous Chief Technology Officer (CTO), as the new Chief Information Officer (CIO), while Kapil Rathi, the previous Global Head of Trading, will take the post of the Chief Operating Officer as it restructures its management and executive team. In addition, Former CEO Salil Dondeis expected to be a strategic advisor to the company

Experience; A Major Advantage for Telyatnikov

Before joining AlphaPoint in 2014, Telyatnikov had previously worked at online advertisement platform LiftDNA and investment firm Cvelto, where he served as managing director. Telyatnikov expressed his happiness and joy while speaking in an official statement, he was quoted saying:

“I am honored to take on the role of Chief Executive Officer. This is an incredibly exciting time for AlphaPoint given the growth we’ve experienced this past year.”

Telyatnikov will be tasked with the mission of ensuring that the real estate ecosystem continues to increase its access to liquidity and capital by ‘digitizing’ assets with the aid of blockchain technology.

“We continue to execute on our commitment to product innovation, leading-edge technology and world-class service for our customers. We have an outstanding team in place who delivers on this commitment each day and I’m excited about all we can accomplish going forward,” he noted.

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Author: Damola