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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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Binance Coin In Chat Transfers Are Now supported — ADAMANT Messenger

As it became known from the latest publication in the official Medium-blog of the ADAMANT Messenger project, recently the development team finally implemented the storage of BNB tokens in its apps. Before that, it is worth recalling that ADAMANT Messenger is one of the few projects on the market that uses distributed data storage technology and blockchain for network operating. The structure of this messenger is completely decentralized and does not have the main servers, while the blockchain system allows you to safely store and transfer data within the network — this unique project is the first already working messenger...

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Binance Coin (BNB) Holds Ground As Market Sell Off Continues

Binance Coin (BNB) has held its ground even as market selloff continues. Bitcoin (BTC) has exhibited similar behavior but the rest of the market plunged further into the red when Ethereum (ETH) showed signs of weakness. However, these temporary movements are not to be confused as what follows next. There are a lot of solid indicators in the market that tell us that deep down, most investors know that the market is going to reverse at some point. The problem at this point is that the small investors are too scared to get in fearing an extended correction and the...

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Binance Coin (BNB) Continues To Perform Better In Worse Times

The general perception is that when Bitcoin (BTC) falls, altcoins fall even more aggressively. However, there is one altcoin which is not subject to this behavior. That altcoin is Binance Coin (BNB). Since the beginning of the year, has performed a lot better than most altcoins during bad times. The price action on the BNB/USD chart above shows that Binance Coin (BNB) has traded in a very close range especially since April 2018. This means that investors who did not feel comfortable holding Tether (USDT) have preferred to cash out in BNB to take profits or protect against market corrections....

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