Altcoin Price Analysis Binance Bitcoin Exchange Crypto IEO Op-ed 

With the Rise of IEOs, Investing in Altcoins Can Be Brilliant

By CCN: It’s unpopular to say this in some sectors, but it can be brilliant to invest in altcoins. If you’d bought up a ton of Binance Coin when it was first offered, for example, you’d have made your investment back plus many hundreds of percent by now. This can be the same for upcoming IEOs as it was during the ICO boom. Functionally, the only difference is the backing of the exchanges themselves, which implicates them as much as it credits them. IEOs are gaining popularity among investors. |…

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Binance Bitcoin & Blockchain Investments Bitcoin Exchange Bitcoin Funding Crypto IEO 

IEOs Raise Half a Billion, Keep Fundraising Alive for Blockchain Startups

By CCN: There’s a new fundraising sheriff in town in the maturing cryptocurrency space. While initial coin offerings (ICOs) were all the rage during the last bitcoin bull run, initial exchange offerings, or IEOs, have muscled them out of the way. If it weren’t IEOs, the market would have likely found another mechanism, but these appear to be the deal of choice for now. Funds that previously flowed to ICOs in 2017 are now being redirected into wiser IEOs, as evidenced by the rising trends. IEOs have attracted $518 million…

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Binance Bitcoin Exchange Changpeng Zhao Crypto Sequoia 

Still Reeling From $54 Million Bitcoin Hack, Binance Sues Sequoia Capital

By CCN: Binance CEO Changpeng Zhao — who is still reeling after a $54 million bitcoin hack — is suing Sequoia Capital China, a unit of California-based venture capital firm Sequoia Capital. In his May 20 legal filing with the High Court in Hong Kong, Zhao claims Sequoia Capital China prevented him from raising capital between Dec. 27, 2017 and March 1, 2018 at the height of the bitcoin bull market. Zhao Seeks an Accounting of Damages Zhao did not respond to repeated requests for comment from CCN about his…

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Binance Bitcoin Crime Bitcoin Exchange bitcoin hack Changpeng Zhao Crypto 

Binance Suffers a Security Breach, CZ Calls It ‘Not the Best of Days’

By CCN: Binance, the No. 1 cryptocurrency exchange based on trading volume, has been hacked. Changpeng “CZ” Zhao, who is at the helm of the exchange, made the announcement on Twitter after previously sharing that “unscheduled server maintanance” was unfolding. As it turns out, it was much worse than imagined, with hackers making away with 7,000 bitcoins, which at the current BTC price is worth approximately $40 million. The funds were stolen from Binance’s hot wallet, which was comprised of 2% of the exchange’s bitcoin holdings. Binance issued the following statement:…

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Binance Bitcoin Exchange Crypto kraken ViewBase 

Blockchain Researchers Look to Overhaul Crypto Exchange Ranking Data

By CCN: ‘Reported volume’ is the default metric that people look for when determining the ranks of crypto exchanges. ‘Reported’ and ‘adjusted’ volumes wildly differ on sites like CoinMarketCap.com. For example, if you look at the image below, you’ll notice a wild difference in “reported” and “adjusted” volumes at press time. Ranking Exchanges Beyond Their “Volume” Notice the difference between “reported” and “adjusted” volume on CoinMarketCap.com ViewBase, a “market insights and community” platform centered around cryptocurrency, recently published a report which details other ways we might rank exchanges. Rankings could…

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Altcoin News Binance cosmos Crypto 

Cosmos Soars 27% Upon Binance Listing, Earns Crypto Community Praise

By CCN.com: ATOM, the native crypto asset of the highly anticipated Cosmos blockchain network, has been listed by Binance, the world’s largest crypto exchange. ATOM rises by more than 27 percent in the past 24 hours (source: coinmarketcap.com) Changpeng Zhao, the CEO of Binance, said that the development team behind Cosmos refused to communicate with exchanges regarding listing opportunities but Binance proactively listed it due to its support of the project. “Here is a project that refused to even talk to an exchange about listing (and we have a good…

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Binance 

Bitcoin Price Has ‘Already Bottomed Out’ in Retail-Driven Crypto Market

Get Exclusive Analysis and Investing Ideas of Future Assets on Hacked.com. Join the community today and get up to $400 in discount by using the code: “CCN+Hacked”. Sign up here. Get Exclusive Analysis and Investing Ideas of Future Assets on Hacked.com. Join the community today and get up to $400 in discount by using the code: “CCN+Hacked”. Sign up here. By CCN: In case there was any doubt, the bitcoin price has found a bottom. Binance has released a comprehensive research report on the state of the crypto market, finding…

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Binance Bitcoin in Media Changpeng Zhao Op-ed tom lee 

Binance CEO Zhao Morphs Into Bitcoin Grouch in Crypto Twitter Brawl

Bitcoin bull Changpeng Zhao, the CEO of Binance, has earned a reputation as an affable, laid-back guy enjoying the meteoric success of his popular cryptocurrency exchange. But is Zhao’s nice-guy persona merely an act? It seems that way, based on a testy Twitter exchange Zhao (who goes by “CZ”) had with several cryptocurrency reporters this weekend. Fake Bitcoin-Trading Volume Scandal Erupts The brouhaha erupted after Zhao reacted to a bombshell Bitwise report indicating that 95% of spot bitcoin trading volume is fake. “Sadly, most investors who can’t tell real versus…

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Binance bitcoin Blockchain News Crypto real estate 

Binance Supports First Live Property Auction Using BTC and BNB

Cryptocurrency exchange Binance is partnering with real estate auctioneer James Pratt Auctions (JPA) to launch a live property auction using bitcoin and Binance Coin (BNB). On April 8, buyers can bid on – and buy – a futuristic-looking, luxury, beach-front mansion nicknamed ‘The Jetsons” in Casuarina, New South Wales, using BTC or BNB. The auction follows a partnership between Binance, JPA and NuYen Exchange. It also represents another step towards greater adoption of digital currencies. Join CCN for $9.99 per month and get an ad-free version of CCN including discounts…

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Binance bitcoin Bitcoin Analysis Bitcoin Price News Crypto ICON 

Bitcoin Lights First Green Monthly Candle in 8 Months: Has Accumulation Begun?

For the first time in eight months since July 2017, Bitcoin has recorded a green monthly candle on its 1-month price chart. In technical analysis, a green monthly candle materializes when the price of an asset, in this case, Bitcoin, ends the month higher than its price at the beginning of the month. 1-Month Price Chart of Bitcoin. | Source: TradingView On February 1, Bitcoin opened its monthly candle at $3,413. On February 28, the dominant cryptocurrency closed the candle at $3,791, up more than $300. Is it an Indicator…

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