reasons

Binance.US to list Avalanche after yet another recent ATH

Binance.US has announced that it will now list Avalanche (AVAX) and soon allow deposits for trading. Open trading on AVAX/USD and AVAX/USDT pairs is set to commence on 18 November, as per a notice released by the exchange. This development comes after Binance.com listed AVAX last year. And, just last month, the exchange had announced that it will support the Avalanche (AVAX) network upgrade. The project has seen a lot of traction lately. While it was priced at $3.4 at the start of the year, AVAX has grown by a

Crypto Investor News for 11/16

Your Crypto Rights (Binance): A manifesto for how the crypto industry needs to evolve, with a priority on your rights as an investor. Investor Takeaway: Binance, which makes up part of our Future Winners portfolio, is once again leading the charge with a future-focused take on crypto regulation. We agree with all ten points. Read them. A six-minute explainer video on DeFi, courtesy of Wall Street Journal.Investor takeaway: Remember, the platform that most DeFi is built upon is Ethereum, which is why we buy and hold ETH for the long

CropBytes launches the CBX token on Bybit and MEXC

Metaverses create a virtual world combining elements from digital gaming, augmented reality, and social media. While recent times have seen an influx of crypto gaming platforms that allow users a chance to play games in a tokenized ecosystem. CropBytes has established itself as a metaverse with a growing crypto gaming community ever since its launch in 2018. It has over 250K signups and 100K downloads on PlayStore and AppStore.  IEO and CBX token listing  Bybit and MEXC exchanges jointly listed the CBX token on 5 November 2021. Only a total

Dorsey Sticking to Bitcoin, No New Cryptocurrencies Planned for Cash App

Square CEO and fintech investor maintains a firm and bullish position on Bitcoin, as revealed in a Q3 earnings call for Cash App. Sponsored Sponsored Moreover, the billionaire entrepreneur said that Cash App has no future plans to accept any other cryptocurrencies at this point. “Our focus is on helping Bitcoin become the native currency of the internet…we have a number of initiatives towards that goal,” Dorsey said.  Bitcoin ‘resilience, fundamentals, and principles’ This comes in the midst of bullish market trends for BTC. After a new all-time high of over

BC.Game Casino Accepts $Floki And Promotes Crypto Giveaway

BC.Game casino is making headlines again, for good reasons. As one of the most innovative and forward-driven casinos, BC.Game is always finding ways to make their casino more inclusive. One way they continually impress the crypto casino community is by adding more token options. They already accept well above 50 cryptocurrency options, offering some of the most well-known and upcoming tokens out there.  In recent news, they have decided to add another cryptocurrency option, a token taking the crypto world by storm. Whether that’s because it has a real use

Why investors are not entirely sold on investing in a Bitcoin futures ETF

With two Bitcoin futures ETFs set to make market debut, let’s dive deep into the cost associated with owning these contracts. ProShares Bitcoin futures ETF is reportedly set to go live on 18 October, likely followed by Invesco’s ETF on the next day on 19 October.  We know that there are additional costs associated with an ETF. Apart from a brokerage commission, analysts are anticipating a higher expense ratio with these traded funds. As the filing by ProShares marks an annual operating expense of 0.95%, an investor will essentially spend

Chinese Crypto Exchange BitZ Announces Closure as Crackdown Continues

Amidst another major crypto clampdown in China, the 4-year old Chinese exchange BitZ shutters its operations. Sponsored Sponsored The cryptocurrency exchange BitZ announced its closure after four years of operating one of the most popular online exchanges. It stated “policy and regulatory requirements” as the reasons behind its latest development.  While the actual closure date is set for October 21, 2021, the exchange said it suspended new user registration and KYC earlier. Those operations stopped on Mainland China back on September 26, 2021. However, only a few days prior the exchange

Time Magazine’s NFT sale peppered with technical problems 

When Time Magazine announced it would finally launch its NFT collection, everybody expected that it would sell out quickly, given the magazine’s rich and valuable media content.  While this expectation was indeed met when its NFT collection comprising 4,676 digital art pieces were sold out in just one minute, there was one thing that buyers didn’t expect: Technical glitches.  According to reports, users have experienced gas prices reaching 9,000 gigawei for a rapid transaction. When the minting process was finished, there were roughly 700 holders of NFTs.  Gigawei is a