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Goldman Sachs Backed Crypto Gets Binance Approval

Goldman Sachs Group is a UUS-based investment bank and financial services provider. They are famously one of the largest financial groups in the world, with a real grip on the finance industry, offering services in banking, investment, securities, asset management, brokerage and, more and more frequently, cryptocurrency. Indeed, Goldman Sachs have not fully immersed themselves within the cryptocurrency and blockchain industry just yet, though we do expect that in a few months time, Goldman Sachs will make their intentions a little more clear with regards to what they want to achieve in this area. We do however see Goldman Sachs...

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CZ Tries To Work Out Next Bitcoin Bull Run Catalyst

2018 will be most likely known as the ‘bear year’, due to the fact that, other than a number of minor surges, the markets have seen major dips through the majority of 2018. Despite all this, the CEO of Binance, Changpeng Zhao still remains optimistic regarding the future of the market and believes that we can expect a bull run ‘sooner or later’. Zhao is usually known by his initials, CZ and he mentioned that Binance has a ‘stellar’ year despite the plunge in the market. He also reveals that active traders on the platform have increased every month. Moreover,...

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Binance Aims To Inspire Institutional Investment

Digital currencies need to head into the next stage of maturity. For service providers, this means attracting additional institutional investors. Binance is the latest firm to target this particular group. New services are being developed to make sure that professional investors can enter with confidence. This year has been an interesting one for Binance. The world’s leading digital currency exchange continues to make inroads in many ways. Its venture into Uganda has been well-documented this year. There is also the move to Malta in search of more favourable regulatory measures. In many instances, the island of Malta is seen as...

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Binance CEO Believes Market Is Still In Good Position

In a recent interview on CNBC Crypto Trader segment hosted by Ran Neuner, the CEO of Binance Changpeng Zhao (CZ) said that the crypto market and Binance are still in a good position even after almost a 12 months of a downward price movement. Over the past year, the cryptocurrency has lost more than 70 percent of its valuation between the fourth largest correction in its ten year history. In the interview, the CZ stated that the number of Binance is down by nearly 90 percent since January because of the correction and partly due to the high level of...

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Binance Coin (BNB) Might Take Tether (USDT)’s Spot

Chart for BNB/BTC (1D) Binance Coin (BNB) has attained a unique reputation as a Tether styled coin that continues to remain stable even as the market bleeds. This behavior on behalf of Binance Coin (BNB) was also observed during the past few minor corrections. The coin is down only 33% since its all time high, compared to 70% for Bitcoin (BTC) and 85% for Ripple (XRP). This shows that smart money believes in the long term prospects of the crypto markets, now more than ever. With the lack of confidence in Tether (USDT), Binance Coin (BNB) is all set to...

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