Safety First (Weekly Digest, 14–18 Jan, '19)

Russian crypto-plans, the delay of Constantinople, WS possible intentions, more on adoption, Consensys investing in a Wordpress platform, a striking BitMEX research, and a bit more about exchanges

The research group cites the analysis shows the ICO market’s deficiency in standards and transparency, mainly in the tokens distributed to the founding teams who are allowed to mint, burn, trade their own tokens.

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Will The Binance.US Launch On Tuesday Inspire A Bitcoin Price Breakout After A Fail With The Bakkt Launch?

The Bakkt launch that went live a few hours ago has not had the desired result. Analysts have been predicting that its launch would bring in traditional investors such as Wall Street and trigger an upward move. In the first day, this has not been the case. With the launch failing, there is a new development that could potentially boost Bitcoin and see it Breakout, finally cementing its support above $10K. The launch of Binance.US. Its shortcomings could propel Bitcoin upwards, however, this comes at the cost of altcoins. Binance exchange has announced that its American arm, Binance.US, will commence trading on Tuesday.  Last week the exchange began registration and accepting deposits from the U.S. Residents will no longer be allowed to trade through the global platform as the exchange announced months ago. This has come at a cost for investors. Due to the regulatory framework in the U.S, the exchange will not be able to offer as many trading options as it does in its main platform. For now, Binance U.S will only offer Bitcoin, Bitcoin Cash, XRP, Ethereum, Tether, Binance Coin, and Litecoin. Regulatory Hurdles To Boost Bitcoin The U.S is one of the largest crypto markets and Binance one of the biggest exchanges. The limit on trading options is expected to have an effect on market dominance and price movement. In the face of it, it could lead to Bitcoin and the few coins on offer gaining more dominance and their prices soaring, leaving the other lot of altcoins in the wind. Hopefully, as the exchange has stated, more coins will soon be listed. This include, Stellar, 0x, BAT, and Ethereum Classic. Notably, limited trading options is not the only regulatory problem facing Binance US. The launch will be restricted in several states including New York. The other 12 states include Florida, Texas, Louisiana, Hawaii, Idaho, North Carolina, Connecticut, Alaska, and others. Bitcoin Price Update And Prediction Bitcoin at the time of press is trading below $10K, a support that has continually been breached by the bears in the last few months. The Bakkt launch was a potential catalyst that should have seen prices breakout. With Bakkt failing, the bulls now set their eyes on the Binance US launch that should see a change in trends and prices for the digital asset. The post Will The Binance.US Launch On Tuesday Inspire A Bitcoin Price Breakout After A Fail With The Bakkt Launch? appeared first on ZyCrypto.
ZyCrypto

Tezos [XTZ] Jumps Over 4% Amids Binance Listing; CZ Hints Tezos Staking

Binance recently announced the listing of Tezos with pairs of Bitcoin(BTC), Tether(USDT) and Binance Coin(BNB).  Will Binance Enable Tezos Staking? As Per a recent tweet by Binance, it has listed Tezos and it can be paired with USDT, BTC, and BNB. Following the announcement, users can start depositing Tezos on their accounts, while the launch of trading is scheduled for the 24th of September. Source- Twitter CZ then further created hype by asking the community that did they not what was coming next. A user suggested that does the move imply Tezos staking. While CZ didn’t give a definite answer, he expressed his excitement with a “happy” emoji.  Source- Twitter The Tezos official website defines Tezos as,  “ Tezos is a self-amending blockchain that can evolve by upgrading itself, with stakeholders being able to vote on amendments to the protocol, including amendments to the voting procedure itself.” Binance. US Opens Doors for Cardano, Ethereum Classic and Stellar  Today, Binance.US opened deposits for Cardano (ADA), Basic Attention Token (BAT), Ethereum Classic (ETC), Stellar (XLM) and 0x (ZRX). Trading for these coins will begin on September 25, 2019, at 9:00 AM EST /6:00 AM PST. The announcement further mentions that the coins are temporarily only available for deposits and withdrawals will not be enabled until trading is live. Source- Twitter Also, Binance.US will commence trading on September 24, 2019 at 9:00am EST / 6:00am PST. The launch will see Binance.US list Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Bitcoin Cash (BCH), Litecoin (LTC), Binance Coin (BNB) and Tether (USDT). These coins will be available for trading across 13 fiat-to-crypto and crypto-to-crypto trading pairs.  Source- Twitter Binance Announces 6th Phase of Lending Products In yet another update, Binance announced its 6th phase of lending products. The launch will take place on the 25th of September. In the sixth phase of Binance’s lending initiative, users will be able to lend Binance Coin(BNB), Bitcoin(BTC), EOS, Ethereum Classic(ETC), Ethereum(ETH), ChainLink(LINK), Tether(USDT) and Ripple(XRP) to earn interests payable from Sep. 25 to Oct. 09.  Traders are in for huge benefit as Binance. US enables trading. Will Binance continue to keep the crypto community happy with its developments? Let us know, what you think? The post Tezos [XTZ] Jumps Over 4% Amids Binance Listing; CZ Hints Tezos Staking appeared first on Coingape.
CoinGape

Bitcoin Ethereum Litecoin Ripple Binance EOS XLM Technical Analysis Chart 9/23/2019 by ChartGuys.com

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