TCR TOP STORIES

Binance Coin (BNB)

Binance Coin is the coin used to facilitate operations on the Binance platform, a cryptocurrency exchange that is capable of processing 1.4 million orders per second. The name “Binance” is derived from the combination of the terms “binary” and “finance”, referring to the integration of digital technology and finance.

The BNB coin is used to pay exchange fees, withdrawal fees, listing fees, and all other possible transaction expenses on the Binance platform. In order to incentivize new users to do their cryptocurrency trading on Binance, the team is offering discounts when BNB is used to pay fees. The discount will be 50% in the first year, 25% in the second, 12.5% in the third, and 6.25% in the fourth year before the discount ends.

Binance was primarily marketed to Chinese cryptocurrency investors at first, but they also have English, Korean, Japanese, French, Spanish, and Russian versions of the platform.

Top News

Ethereum Price Analysis 23 August 2019: Bulls retreats under $200

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Ethereum impressive move from last week’s lows crossed the $200 hurdle. This may be emblematic of improving technical conditions for the cryptocurrency. However, it failed to break above $205 thus allowing the sellers an easy-takeover. Failed support has Ethereum retreating below $200. It has started a downside correction. Ethereum price topped near …

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Bitcoin Hits Pause Button After Spectacular Upward Movement

As declines set in, Bitcoin hits the pause button around $11,000 after it had been showing notable movement. Amidst a building bearish momentum, Bitcoin is trading at $10,772. BTC/USD is likely to go below $10,000 and even touch last week’s lows at $9,469. Bitcoin’s has astonishingly hit the pause button …

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Bitcoin Price Analysis: Bitcoin (BTC) shows a huge drop

Bitcoin (BTC) as of writing this article was trading at $10,024.1 against the United States dollar (USD) and the coin was showing negative and download fall of -1.54 percent. The market cap of the coin was $170.876 billion United States dollar (USD) and the market supply of the coin was …

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What is Ethereum blockchain and its functions and aspects at Large?

What is ethereum? Ethereum is basically a contract platform, conceptualized by vitalik buterin, which allows the development of decentralized applications. It happens to be a vital part in the domain of cryptocurrency as when conditions are met, it executes itself automatically. It is basically regarded as a pioneer for smart …

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Bitcoin (BTC) is anything but a hedge

What is a hedge? Here is how the definition goes: Investment position intended to offset potential resources or games that may be incurred by a companion investment In short when you do a hedge investment, you do any investment to minimize your loss or to reduce the risk involved in …

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Ripple Price Analysis: The Crypto is Showing Bullish Surge

The cryptocurrency market is experiencing ups and downs this week. Some of the currencies have experienced the bullish surge, but the market has again under the slight correction. The top ten currencies are under bearish pressure. Ripple (XRP) has shown some nice movements in this week and the value of …

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