Former Binance execs say exchange is worth $300B: report
Though the exchange’s holding company is registered in the Cayman Islands, Binance currently has no formal headquarters anywhere in the world.
Though the exchange’s holding company is registered in the Cayman Islands, Binance currently has no formal headquarters anywhere in the world.
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Let's say it everyone: Money makes Money2. Today, worlds "objectively best" media cooperation CNBC, made another great article, about 2 kids making $160K from mining Crypto, and as a miner myself I want to quote some things from their article. Our heroes, two kids named Ishaan Thakur, (14) and his sister Aanya, (9). They started…
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On November 10, the non-fungible token (NFT) marketplace Rarible.com and the Rarible protocol announced an integration with the Flow blockchain. The announcement details that Rarible users can now create, list, and trade Flow-based NFTs on the marketplace. Rarible Partners With Flow Blockchain The NFT market Rarible.com and the Rarible protocol have revealed the support of […]
Terra (LUNA) has surged during the past week after a period of consolidation as the network has begun burning the supply of its native token. As of press time, LUNA trades at $51,16 with a 5% loss in the daily chart. Related Reading | Why The Terra Ecosystem Delayed A Major Mainnet Upgrade For Late September Yesterday, before Bitcoin and major cryptocurrencies dropped from new-all times highs, LUNA started a breakout to the upside and seem ready to breakthrough the resistance at $54. However, the rally was spoiled by the flash crash and LUNA was rejected near the mid area around its current levels. The rally seems drive by the implementation of 3 major upgrades on the Terra mainnet. As NewsBTC reported 3 weeks ago, the network was ready to introduce the Colombus-5 and Wormhole v2 with the Inter-Blockchain Communication (IBC) protocol upgrade. The first of these 3 improvements COL-5 was set to implement a deflationary mechanism for LUNA. In addition, the upgrade was designed to increase Terra’s interoperable capabilities. In the past year, tokens with a burning supply system have seen great appreciation. For example, Binance Coin (BNB) rose from the low $50 and reached an all-time high above $600. Ethereum and its recently integrated EIP-1559 is another example. The network changed its fee model to burn a portion of ETH with each transaction. LUNA could follow a similar path with $80 as a potential reasonable target for LUNA in the short term but could record further gains above $100 and join Solana (SOL) as one of the top performers in 2021. Investor Daniel Cheung has been very bullish on Terra (LUNA) and its ecosystem due to its potential to disrupt the stablecoin sector. Upon launch of the burning mechanism, Cheung said: Thesis for $LUNA is playing out; $140 price target in the short term still holds. Long term, Terra is one of the few protocols with the potential to be in the trillion-dollar market cap range given TAM for stable coins is infinite. 🔥has started Parabolic pic.twitter.com/Yi1FSTZjSz — Do Kwon 🌖 (@stablekwon) November 10, 2021 Terra (LUNA) Started Its Moon Phase? With Bitcoin moving sideways after the crash, the altcoin market could take the opportunity to diminish the BTC dominance. For LUNA this could translate into price discovery. Related Reading | Why Terra (LUNA) Will Reward Users With New Community Bounty Program To achieve this goal, LUNA must reclaim $54 and smash through the resistance at $56 with a potential short-term price target at $60. Cheung added the following on LUNA’s potential to enter the top 10 by market cap, the current phase of the bull run, and the asset’s fundamentals: It is important to learn to zoom out on the charts. $LUNA & $SOL are amazing buying oppts here, bullish structure still very strong and story continues to get better here. The run is not over yet and both will go parabolic soon. Best assets always have bids.
To those that think they may be too late getting into Crypto. Just listen to some of the ways your coworkers and regular people talk about Crypto. You will hear a lot of words like “scam”, “bubble”, and my personal favourite “Ponzi scheme”. And it absolutely blows my mind how a large amount of people…
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Sharing my full experience of an issue I encountered about a month ago. See my last post here, Here is the summary – I wanted to convert the Raven coins to BTC but instead of Exchanging the coins I sent them to my wallet’s BTC address. Which in return were sent to an unknown Raven…
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Facebook/Meta has been stealing the headlines lately but in my mind, it makes much more sense for the strong FinTech players to make the shift to Web 3. Obviously companies like Stripe and Plaid are centralized, but we would be kidding ourselves if we didn't believe that these companies with their resources and expertise could…
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In case you haven't heard, Reddit is planning to expand the vault system to provide crypto for upvotes similar to how moons work in this sub. I am very opposed to this, as moons have irrevocably damaged this sub by reducing it to constant reposts and diminishing contrarian opinions due to people wanting to earn…
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