As Binance welcomes obscure, lower-market-cap meme coins, the opportunity for everyday retail traders to make life-changing money is growing. Peanut the Squirrel and ACT I: The AI Prophecy were listed this week, but traders are now looking for what’s next, and Pepe Unchained and Crypto All-Stars keep coming up in conversation. Binance Listing Spree Injects […] Source CryptoX Portal
Tag: Binance
Binance Dominates As Bitcoin Futures Volume Hits New Peaks Amid Historic Price Rally
Bitcoin has continued its bullish momentum streak, reaching a new all-time high on November 13 and triggering a wave of activity across the crypto market. In particular, the futures market has been significantly impacted, with a surge in trading volume for the BTC/USDT pair. This increase has highlighted an intense period of market engagement, with leading exchanges, particularly Binance, at the forefront of this trading frenzy. Record Trading Volumes And Market Volatility Risks A CryptoQuant analyst known as Crazzyblockk shared insights into the trading frenzy phenomenon, noting that the futures…
FTX Sues Binance, Former CEO CZ for $1.8B
The filing alleges that FTX was already insolvent and the FTT tokens used in a share repurchase transaction were worthless, and therefore the transfer should be classed as fraudulent. Source
Solana Memecoin ACT Rockets 1,720% on Binance Listing as Altcoin Market Heats Up
Memecoins are volatile by nature can often swing in price dramatically due to varying amounts of liquidity. Two percent market depth on Binance for ACT is currently just $93,000 to the downside and $214,000 to the upside, which means that a market sell order of just $100,000 would move the price to the downside by more than 2%, according to CoinMarketCap. Source
80% of memecoins pumped after Binance listing in 2024
The cryptocurrency exchange Binance saw significant price increases for several memecoins listed on its platform in 2024. On Nov. 11, pseudonymous onchain analyst Ai_9684xtpa posted on X that among the 15 memecoins listed by Binance in 2024, 12 saw significant increases in value after going live on the exchange. Memecoins like Moo deng (MOODENG), Dogwifhat (WIF) and Popcat (POPCAT) saw prices appreciate over 200% after their Binance listing, with the Neiro (NEIRO) memecoin pumping by almost 7,600% after going live on the exchange. Memecoins listed on Binance in 2024. Source:…
Dutch Court Orders Binance to Disclose Account Information Tied to $200,000 Dating Scam
A court in The Hague has ordered Binance to release the name and address of an account holder linked to a $200,000 (€186,000) dating scam, according to the Netherlands Times. The case involves a woman who was persuaded over the summer to invest in cryptocurrencies by someone she met on a dating app. What followed […] Source CryptoX Portal
Binance Exec Predicts Crypto Surge With Bitcoin Poised to Reshape Global Finance
Bitcoin and crypto are at a pivotal moment, says a Binance executive, with record highs signaling growing adoption, stability, and expanding global financial influence. Beyond the Peak: Binance Reveals What’s Next for Crypto and Bitcoin’s Global Influence Binance’s head of regional markets, Vishal Sacheendran, offered his outlook for the crypto industry on Thursday, following bitcoin’s […] Source CryptoX Portal
Binance Takes Substantial Bet on Decentralized Science With Strategic Investment in BIO Protocol
Bio Protocol investment by Binance Labs points the way toward using blockchain for the betterment of humanity. Decentralized Science Gets a Boost with Binance Funding Binance Labs, the venture capital arm of Binance, has announced a strategic investment in BIO Protocol. This move signifies Binance Labs’ entry into the growing Decentralized Science (desci) sector, a […] Source CryptoX Portal
Binance Labs invests in DeSci platform BIO Protocol
Binance Labs, the venture capital arm of Binance, has announced its investment in BIO Protocol, a platform designed to help early-stage scientific research startups access decentralized funding opportunities. The investment sees Binance, powered by the native token BNB (BNB), make its first foray into decentralized science, the platform said in an announcement on Nov. 8. According to Binance Labs, BIO Protocol is the equivalent of the “Y Combinator of on-chain science”, a reference to the U.S.-based VC firm and startup accelerator. BIO Protocol advances the DeSci sector by providing a…
Binance Hits $8.3B Open Interest High—Here’s What It Signals For the Crypto Market
Meet Samuel Edyme, Nickname – HIM-buktu. A web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and a nose for trends, he has penned pieces for numerous industry player, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others. Edyme’s foray into the crypto universe is nothing short of cinematic. His journey began not with a triumphant investment, but with a scam. Yes, a Ponzi scheme that used crypto as payment roped him in. Rather than retreating, he emerged wiser and more…