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Cryptorank

The Binance Effect: Altcoin Skyrockets 500% After Exchange Support


by Dimitar Dzhondzhorov
for CryptoPotato

TL;DR

  • The launch of new perpetual contracts on Binance’s platform resulted in major green candles for two cryptocurrencies.
  • At the same time, the company delisted another perpetual contract, but the involved token surprisingly pumped after the announcement.

What a Pump

The world’s biggest crypto exchange expanded the list of trading choices on Binance Futures by introducing the STBL/USDT perpetual contract with up to 50x leverage. This type of product has no expiration date and allows traders to bet on price changes without actually holding the cryptocurrency. 

Read the article at CryptoPotato

Read More

BNB Rockets to New All-Time High of $1,028 as Binance Stablecoin Reserves Smash $40 Billion

BNB Rockets to New All-Time High of $1,028 as Binance Stablecoin Reserves Smash $40 Billion

BNB, the native token of the BNB Chain, has been on a rollercoaster ride of smashing ...
Fed Cut Wipes Out Leverage as Bitcoin Supply Ratio Drops

Fed Cut Wipes Out Leverage as Bitcoin Supply Ratio Drops

Bitcoin’s exchange supply ratio on Binance hits lows as Fed-driven volatility wipes o...

The Binance Effect: Altcoin Skyrockets 500% After Exchange Support


by Dimitar Dzhondzhorov
for CryptoPotato

TL;DR

  • The launch of new perpetual contracts on Binance’s platform resulted in major green candles for two cryptocurrencies.
  • At the same time, the company delisted another perpetual contract, but the involved token surprisingly pumped after the announcement.

What a Pump

The world’s biggest crypto exchange expanded the list of trading choices on Binance Futures by introducing the STBL/USDT perpetual contract with up to 50x leverage. This type of product has no expiration date and allows traders to bet on price changes without actually holding the cryptocurrency. 

Read the article at CryptoPotato

Read More

BNB Rockets to New All-Time High of $1,028 as Binance Stablecoin Reserves Smash $40 Billion

BNB Rockets to New All-Time High of $1,028 as Binance Stablecoin Reserves Smash $40 Billion

BNB, the native token of the BNB Chain, has been on a rollercoaster ride of smashing ...
Fed Cut Wipes Out Leverage as Bitcoin Supply Ratio Drops

Fed Cut Wipes Out Leverage as Bitcoin Supply Ratio Drops

Bitcoin’s exchange supply ratio on Binance hits lows as Fed-driven volatility wipes o...