Monthly Archives: October 2022

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Why is the crypto market up today?

Bitcoin (BTC) has hit six-week highs and held onto its gains since — is it the start of a trend change? After passing $21,000 twice over the past week, BTC/USD is still lingering near the top of its multimonth trading range. The coming week promises to provide a fresh dose of volatility thanks to the […]

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Binance Coin jumps to new BTC all-time high as Elon Musk’s Twitter fuels DOGE bulls

Binance Coin (BNB) has hit new all-time highs against Bitcoin (BTC) as excitement grows over the crypto’s future role on Twitter. BNB/BTC 1-month candle chart (Binance). Source: TradingView Binance Coin sets new record against BTC Data from Cointelegraph Markets Pro and TradingView confirms that BNB/BTC briefly spiked above 0.15 BTC to a record 0.15267 BTC […]

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Bitcoin price due sub-$20K dip, traders warn amid claim miners ‘capitulating’

Bitcoin (BTC) climbed back to $20,500 at the Oct. 28 Wall Street open as United States equities sought a stronger finish to the week. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bets of $20,000 support fail increas Data from Cointelegraph Markets Pro and TradingView showed BTC/USD capitalizing on renewed optimism as markets began trading. The […]

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Binance Oracle network to bridge Web3 and blockchains via smart contracts

Crypto exchange Binance announced the launch of a new data feed network — Binance Oracle — that allows blockchain smart contracts to connect with real-world data, starting with its in-house blockchain offering, BNB Chain.  For starters, Binance Oracle will allow existing decentralized applications (DApps) and Web3 ecosystem partners on BNB Chain to access existing data […]

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What directional liquidity pooling brings to DeFi

Modern decentralized exchanges (DEXs) mainly rely on liquidity providers (LP) to provide the tokens that are being traded. These liquidity providers are rewarded by receiving a portion of the trading fees generated on the DEX. Unfortunately, while liquidity providers earn an income via fees, they’re exposed to impermanent loss if the price of their deposited […]