Tag: Support

Crypto Exchange Giant Rolls Out Support for Two Under-the-Radar Altcoins

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Digital asset exchange giant Crypto.com is rolling out support for two under-the-radar altcoins as the crypto markets continue to crater in the wake of crypto-friendly bank Silvergate’s announced shutdown. Customers of the Singapore-based exchange can now trade Liquity (LQTY) and Gelato (GEL), according to an announcement from the firm. Liquity is a decentralized Ethereum (ETH)-based lending protocol powered by its stablecoin LUSD. The protocol uses ETH as collateral, and LQTY, its native token, can be used for liquidity mining and staking. LQTY stakers can earn LUSD from fees on loan issuance, and…

Bitcoin keeps liquidating longs as BTC price action gives up $22K support

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Bitcoin (BTC) traders remain sensitive even to small price movements as data shows liquidations climbing. As BTC/USD approaches $21,600 on March 9, those who are long BTC are seeing positions evaporate. Longs begin to disappear with BTC at three-week lows Despite consensus forming around Bitcoin retesting $20,000, small shifts in price are still taking their toll on traders. According to data from monitoring resource Coinglass, March 8 alone saw $24.4 million of BTC longs liquidated, the highest tally in almost a week. Bitcoin liquidations chart. Source: Coinglass This coincided with…

Binance NFT adds Polygon network support to its marketplace

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Binance NFT, the nonfungible token (NFT) arm of crypto exchange Binance, has announced that the Polygon network has been included in its supported blockchains within the marketplace.  According to the announcement, the move further expands the NFT ecosystem within the Binance community. With the new integration, users of the Binance NFT marketplace can trade NFTs on various blockchains like Ethereum, BNB Smart Chain and Polygon using their Binance accounts.  We’ve now added support for Polygon on the #Binance NFT Marketplace! Users can now buy, sell, deposit and withdraw NFTs on…

Solana (SOL)-Based Altcoin Skyrockets 266% After Earning Support From Top Crypto Exchange

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A Solana (SOL)-based altcoin is exploding in price after earning surprise support from top Korean cryptocurrency exchange UpBit. According to UpBit, the crypto change is adding support for Access Protocol (ACS), which is a new content monetization crypto project built on top of Solana and Ethereum scaling solution Starknet. UpBit, which has the largest trading volume of any exchange in Korea, says trading of ACS on its platform is to begin March 7th. News of the listing sent the price of Access Protocol soaring by 296%, from a low of…

China’s WeChat adds support for digital yuan payments 

WeChat has joined the growing list of Chinese platforms supporting the country’s central bank digital currency (CBDC), the digital yuan (e-CNY). The move is expected to boost digital yan adoption in the country.  WeChat, a Chinese social media, instant messaging and payments solution from the stables of Tencent, has integrated the digital yuan into its platform, joining the growing list of firms and merchants that already support the CBDC. Per sources close to the matter, via WeChat, Chinese residents can now pay their utility bills and other goods and services…

Robinhood Wallet rolls out on iOS with Android support to follow

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Trading platform Robinhood has launched its Web3 wallet on Apple’s App Store, becoming available to iOS users in over 130 countries. Robinhood shared the news in a Mar. 1 post, stating that users would no longer need to sit on a waitlist to access the new multi-chain, self-custody wallet. It added that it will be supported on Android “later this year.” #RobinhoodWallet is now available to everyone with iOS: https://t.co/yUdL8jCgJN pic.twitter.com/q7RIWBJUIT — Johann Kerbrat (@JohannKerbrat) March 1, 2023 Since the beta launch of the Robinhood Wallet in September, the trading…

Ethereum DeFi Altcoin Explodes 140% After Surprise Support From Crypto Exchange Binance

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A decentralized Ethereum (ETH)-based lending protocol is leading the altcoin markets with explosive gains following surprise support from Binance, the world’s largest crypto trading platform by volume. In an announcement yesterday, Binance revealed it would be listing Liquity (LQTY) in its “Innovation Zone”, where newer tokens with higher volatility are designated. Liquity is a borrowing and lending protocol powered by its stablecoin LUSD, and uses ETH as collateral. LQTY, its native token, can be used for liquidity mining and staking. LQTY stakers can earn LUSD from fees on loan issuance,…

UK Announces £5.5M Program in Support of Fintech Industry

The newly announced hub, dubbed the Centre for Finance, Innovation, and Technology, is designed to unify talents across all fields in support of the fintech space. The UK Treasury and the City of London Corporation are rolling out a £5.5 million program to support the fintech industry. The UK fintech space is growing massively and accounts for more than 1,600 firms, according to the International Trade Administration (ITA). The ITA wrote in a September 2022 report that the UK is the second latest site for fintech investments, following the US. Interestingly, American…

Bitcoin price tumbles to 10-day lows as ‘Notorious B.I.D.’ keeps support at $22.5K

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Bitcoin (BTC) threatened to ditch $23,000 as support on Feb. 25 as an ongoing price correction strengthened into the weekend. BTC/USD 1-day candle chart (Bitstamp). Source: TradingView BTC price support inches lower Data from Cointelegraph Markets Pro and TradingView showed BTC/USD attempting to decide the fate of the $23,000 mark on the day. The pair had lost almost $1,000 on Feb. 24, ending the week in a limp position along with United States equities while the dollar gained. With “out-of-hours” trading now in place until Monday, chances for thinner liquidity…

Binance Looking to Hire Developers, Support Staff in Romania – Exchanges Bitcoin News

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Global crypto exchange Binance is now hiring IT specialists and customer service representatives for its operations in Romania. The leading coin trading platform is also engaged in a number of educational initiatives in collaboration with Romanian universities and authorities. Cryptocurrency Exchange Binance Recruiting Personnel for Romania Offices Binance, the largest crypto exchange by trading volume, intends to hire a number of professionals this year for its technology hub in Iași, Romania’s third largest city. The hub was established in 2022 and the company is now recruiting its staff. Job openings…