This week's surge in popular meme coins like Shiba Inu (SHIB) and Dogecoin (DOGE) could be signs that the good times are back and a quick glance at crypto Twitter shows a long list of tweets where aspiring traders discuss buying Lambos, quitting their day jobs and becoming a full-time crypto traders. While DOGE and SHIB are receiving a majority of the attention from media and investors, they are not the only low-priced tokens that have seen a spike in price. On all major networks including, the Binance Smart Chain, the value of meme coins has risen, a sign that …

Being a trader, even a very experienced one, is not an easy job, especially in the crypto industry. The stress of making decisions under pressure and in a very short period of time takes a toll on you. This is when trading tools and charts come in handy. TradingView, an online data platform, is a very popular and useful tool for traders. They use it to track prices and analyze stocks, bonds, indices, cryptocurrencies, and other assets. Novice traders can use TradingView’s insights from experienced traders to make better trading decisions. For experienced users, the platform can become an essential …

Binance, the world's largest cryptocurrency exchange by volume, tweeted on Oct. 26 that the cumulative number of transactions on its Binance Smart Chain (BNB) has surpassed 1.5 billion. The network achieved this milestone a mere 14 months after its launch on Aug. 31, 2020. According to BscScan, the daily number of transactions on the blockchain recently surged to over 10 million — just shy of its all-time high record of 13 million back on July 29. There also appear to be more than 108 million unique wallet addresses on BSC’s blockchain, compared to about 650,000 at the beginning of the …

With a reputation for being one of the most pro-crypto nations in the world, it comes as no surprise that a vast majority of Singaporeans have invested in cryptocurrency. According to a recent survey from the 2021 Independent Reserve Cryptocurrency Index, 66% of those polled between the ages of 26 to 45 said they owned cryptocurrencies. Coinhako, a Singapore-based crypto exchange, reported a 700% increase in the number of users trading on its platform during the first half of 2021. The platform reported seeing “a greater appetite for crypto from millennials” based on its active customer base, which mainly consists …

Volatility is a complex statistical measure commonly used by traders and investors. Those unfamiliar with it will likely attribute some sort of special ‘standing’ to analysts whenever the term is used. However, as shown in a recent comment by Binance exchange founder, Changpeng Zhao, most of the time people are clueless about what volatility means. Expect very high volatility in #crypto over the next few months. — CZ Binance (@cz_binance) October 21, 2021 This is not the first time that CZ has made an incorrect assumption on that topic. In May, CZ said that volatility was "not unique to crypto," …

Despite Russia adopting its first cryptocurrency law in January 2021, the country’s cryptocurrency market is still largely unregulated and is associated with a lot of uncertainty, according to a local industry advocate. Yury Pripachkin, head of the Russian Association of Cryptoindustry and Blockchain (RACIB), argued that the existing Russian crypto regulations are nothing more than “half-measures” that have nothing to do with systematic solutions. In an interview with local news agency RBC, Pripachkin referred to Russian President Vladimir Putin issuing multiple consecutive mandates to adopt crypto regulation over the past four years. The executive highlighted that the total market capitalization …

The long-awaited day finally came on Oct. 19 as the first Bitcoin (BTC) exchange-traded fund (ETF) went live on the New York Stock Exchange, thrusting the crypto asset into the limelight across mainstream news outlets and alternative media alike. Despite the fact that the ETF in question will hold no actual Bitcoin and is instead a futures-based instrument, investors and pundits across the ecosystem have largely hailed its launch as proof that Bitcoin has hit the big leagues and will soon surpass the coveted $100,000 price target. Many investors either don’t have access or will choose not to interact with …

Amid the ongoing rally of Binance’s native token, Binance Coin (BNB), the developers of Binance Smart Chain (BSC) have proposed more measures to maintain the token’s deflationary model and improve its intrinsic value. According to a new Binance Evolution Protocol, BEP-95, BSC developers are considering introducing a real-time burning mechanism for a portion of gas fees to reduce BNB supply and drive BNB value higher by increasing the demand. According to the BEP, BNB holders will decide how to dispatch the BSC gas reward. Releasing the proposal on Friday, BSC developers noted that the new BEP might decrease the total …

Bitcoin (BTC) crashed to just $8,100 on Oct. 21 — but only if you were trading on Binance’s dedicated United States exchange, Binance.US. On Oct. 21, Binance.US suddenly printed a one-minute candle that took BTC/USD from $65,815 to $8,200 — a drop of 87%. “Shouldn’t be happening” In what traders call a “scam wick,” the one-minute BTC/USD differed dramatically from other major exchanges, which logged a one-minute candle with a floor of around $64,200. The phenomenon has occurred more frequently in recent days, with Bitstamp also seeing freak order-book events. The scope of the Binance.US error, however, was in a …

Although decentralized finance (DeFi) is gaining popularity, to reach mainstream adoption, a cohesive user experience must become a focus. As crypto assets are being utilized in different ways, they are also becoming dispersed across more chains and protocols. Furthermore, for DeFi users, the added complexity of the latest industry developments, including new tokens, emerging yield farming opportunities and different projects, make it difficult to understand the lay of the land. The result is that users will require several different apps, software and other tools to track their portfolio. The comparison can be made to Instagram, which began as a simple …

In the past few weeks, Centric Swap (CNS), a dual-token model that gives stakers a fixed hourly yield that “stabilizes over time as it self-regulates token supply to meet ongoing changes in demand,” has rallied more than 850% and is still about 200% away from its previous all-time high. Data from Cointelegraph Markets Pro and TradingView shows that since hitting a low of $0.000104 on Sept. 9, the price of CNS has skyrocketed 1,130% to a daily high at $0.0017659 on Oct. 15 as its 24-hour trading volume spiked 130% to $6.4 million. Three reasons for the rapid rise in …

Crypto exchange giant Binance has hired Mark McGinness, former head of international relations at the Dubai Financial Services Authority (DFSA), as its chief regulatory liaison officer. According to an announcement issued on Thursday, Binance stated that McGinness will contribute to the company’s push toward better relations with regulatory bodies across the globe. Indeed, McGinness is the latest Binance hire with expertise in regulatory compliance and engagement with financial regulators. Before his stint with the DFSA, McGinness was also the head of international relations at the Australian Securities and Investment Commission. The former DFSA executive has also held advisory positions at …