Binance

The post Binance CEO Sets Bitcoin Price Target Above $80,000 by Year’s End; Explains Why appeared first on Coinpedia Fintech News The Federal Reserve’s hawkish stance last week during the FOMC lowered institutional investors’ confidence, leading to major market outflows across all crypto Exchange Traded Products (ETPs). Last week alone, these outflows amounted to about $600 million. Reflecting on these developments, it’s evident that we’re in a different phase now and this could be influencing Bitcoin’s recent decline to around…

The post Binance Announces Major Altcoin Listing  appeared first on Coinpedia Fintech News The world’s largest crypto exchange, Binance, had added new trading pairs, such as FDUSD, USDC, and USDTon cross margin and isolated margin. The Exchange added new trading pairas for a few altcoins, including SATS (1000SATS), dogfight (WIF), Notcoin (NOT), Bonk (BONK), zkSync (ZK), and Floki (FLOKI). The cross-trading pairs are 1000SATS/FDUSD, BB/FDUSD, BONK/FDUSD, ETHFI/USDC, FIRO/USDT, FLOKI/FDUSD, NOT/FDUSD, PEOPLE/FDUSD, W/FDUSD, WIF/FDUSD, ZK/FDUSD. The new isolated margin trading are 1000SATS/FDUSD, BB/FDUSD, BONK/FDUSD,…

ZkSync, the Ethereum Zero-Knowledge Layer-2 scaling solution, has been in the spotlight for its new token. Last week, the project’s announcement of its ZK token airdrop was met with backlash from investors and the crypto community. Following the backlash, crypto exchange Binance announced it would list ZK and offered a new distribution program to address users’ concerns. Since its launch, ZK has dropped over 20%. ZkSync’s Airdrop Drama On June 11, ZK Nation announced the upcoming launch and airdrop of…

The post Binance Lists zkSync’s ZK Token: New Trading Pairs and Community Distribution Program Announced appeared first on Coinpedia Fintech News Binance has made big news in cryptocurrency by listing zkSync’s ZK token and launching a distribution program to boost community involvement. Mixed Reactions to Trading Pair Selection zkSync’s ZK token, renowned for its layer 2 scaling solution on Ethereum using zero-knowledge proofs (ZK), will start trading on Binance on June 17th. However, The ZKsync (ZK) trading start time, initially…

BNB Chain and Binance Labs collaborate to launch the BNB Incubation Alliance. The initiative aims to support and expedite early-stage blockchain projects globally. According to the latest update on June 13, 2024, from Binance, BNB Chain and Binance Labs have launched the BNB Incubation Alliance (BIA). In line with CNF’s recent update, BNB Chain and Binance Labs have collaborated with top venture capitalists to launch this initiative. Support for Early-Stage Projects The BNB Incubation Alliance aims to host global events…

Dubai, UAE, June 13th, 2024, Chainwire BNB Chain, the community-driven blockchain ecosystem that includes the world’s largest smart contract blockchain, and Binance Labs, the venture capital and incubation arm of Binance, today announced the launch of BNB Incubation Alliance (BIA). With the ethos of “building together to fast-track your Web3 journey,” the BNB Incubation Alliance is an alliance aimed at fostering early-stage blockchain projects through a series of global events, co-hosted with industry Venture Capitalists, Incubators, and developer communities. Designed to…

The XRP network has experienced a significant surge in whale activity with whales withdrawing their assets to unknown wallets which sets the stage for XRP to potentially surge Analyst Chad Steingraber’s prediction Chad’s strong prediction of XRP hitting $250 by 2025 is based on several factors mainly the approval of the XRP ETF and the ending of XRP’s legal battle with the SEC. Recent on-chain data has revealed significant activity by XRP whales. Over the past 24 hours, large-scale transactions…

BNB hit an all-time high of $725 amid founder CZ’s prison sentence.  Zhao’s net worth reached $38.5 billion, making him the richest person to serve time in a US federal prison. Binance Coin (BNB), the native token of Binance, the world’s largest cryptocurrency exchange, reached an all-time high of $725 recently. This milestone coincides with the first week of the exchange’s founder, Changpeng Zhao (CZ), serving a four-month prison sentence in the United States. Despite Zhao’s legal issues, BNB’s market…

Wanna make money? Sometimes it’s worth trying bookies not on GamStop rather than trading cryptocurrencies. Here is an example. A Chinese client of Binance, the world's largest cryptocurrency exchange, suffered huge financial losses due to an account hack. The fraud is linked to a Google plugin called Aggr, which is promoted by some influencers. After downloading this plugin on 24 May, a Chinese user lost $1 million worth of cryptocurrency. The victim noticed suspicious activity on their account only after…