Category: Changpeng Zhao

Time to Sell Your BNB? Price Drops 7% Following Token Burn

Since the token burn, BNB price has dropped from around $32 per token, to close to $28.3 per token at press time, according to CoinMarketCap. This is a drop of around 7%. Binance Coin (BNB) price has dropped seven percent in value since the platform’s latest token burn amid concerns […]

CZ Binance: Retail Investors are Steering The Crypto Price Rally

Contrary to popular belief, retail investors are still playing a major role in directing Bitcoin’s price action, thinks Binance CEO ChangPeng Zhao. He states that this growth is partly due to increased margin trading availability. This year’s crypto rally is most certainly proponed by the arrival of big institutions and […]

Binance CEO: Bitcoin (BTC) Run is (Was) Driven by Retail Investors

Bitcoin Still Somewhat Retail-Driven Over the past few months, there has been a whole lot of talk about Bitcoin becoming the next trend for institutions. Like mom & pop investors fueled 2017’s monumental run, investors today expect institutional money, the “smart money”, to drive cryptocurrencies upward. Thus, a narrative has […]

Futures launch by end of July; Smart contracts on Binance chain to follow, says CEO Changpeng Zhao

The world’s largest cryptocurrency exchange in terms of volume, Binance, successfully launched Margin Trading on its platform on July 12. Since its release, 10,000 users have signed up for margin trading accounts. In an AMA carried out by Changpeng Zhao aka CZ, the Binance CEO informed viewers about the performance […]

AMA with CZ Binance: Plans for Binance Futures, Smart Contracts and Visa Card

At Binance’s 2nd anniversary’s AMA, Changpeng Zhao spoke about the extension of their 25% trading fee discount and the team’s commitment of BNB allocations to the token burn. Also, he announced testing of Binance Futures and providing Binance Visa card. Because it is Binance’s 2nd anniversary its CEO Changpeng Zhao […]

Binance burns BNB tokens worth $24 million in its quarterly burn program

Binance is the world’s leading cryptocurrency exchange by trading volume, well-known for its transparency and its focus on keeping consumers happy. Binance’s native token, BNB, has recorded tremendous growth throughout 2019, breaching its all-time high on a couple of occasions. Binance recently completed its 8th quarterly BNB token burn program, […]

Binance 2.0 Goes Live with Margin Trading Support 

Leading crypto exchange and distributed ledger technology (DLT) project, Binance has announced the launch of its margin trading service on the Binance 2.0 platform. The firm says the new product is part of its larger plans to foster financial freedom and push the crypto industry forward, according to a blog […]

Binance Oficially Launches its Margin Trading Platform

Binance users are now able to trade some cryptos on margin, using the exchange’s newly launched trading platform. The new service is paired with the existing cryptocurrency exchange under one platform, labeled Binance 2.0. Binance announced the launch of their Margin Trading platform that will now be available for all […]