Billionaire Optimistic On Bitcoin as a ‘Flight to Safety’

First posted at http://feedproxy.google.com/~r/BitcoinIndependentNewsAndBlog/~3/GGgBoa_zn3s/

Crypto New Media Press

In an interview with Morgan Creek Digital founder, Anthony Pompliano, Chamath Palihapitiya, billionaire CEO of venture capital firm, Social Capital, said that now could be Bitcoin’s time to shine. “I think Bitcoin needed a moment like this for it to be relevant,” Palihapitiya said. “It’s still a speculative instrument, and it’s too speculative for it […]

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How to automatically import BitMEX leaderboard data into Excel

First posted at http://feedproxy.google.com/~r/BitcoinIndependentNewsAndBlog/~3/zaWVlhwy05c/

Crypto New Media Press

A few days ago, while browsing through some folders on my desktop, I came across a few screenshots of the BitMEX leaderboard. These screenshots dated back to about a year ago and it was interesting to see the evolution. The idea of taking these screenshots actually came from a thread by Glimmerycoin on Twitter. (Def […]

The post How to automatically import BitMEX leaderboard data into Excel appeared first on Crypto New Media.

Binance News Update: OTC Trading Portal, Fiat On-ramp for S.A Rand and Flexible Deposits for LTC & TRX

First posted at https://ethereumworldnews.com/binance-news-update-otc-trading-fiat-on-ramp-s-a-rand-and-flexible-deposits-ltc-trx/

In brief:

  • The team at Binance has made 3 major announcements in less than 24 hours. 
  • Firstly, Binance launched a new Fiat on-ramp for the South African Rand (ZAR). 
  • Secondly, the team launched a new OTC trading portal. 
  • Thirdly, flexible deposits are now available for Litecoin (LTC) and Tron (TRX).

The last 24 hours have been an eventful period in both the crypto markets and at the popular exchange of Binance. To begin with, the crypto market capitalization has gained approximately $10 Billion, rising from $175 Billion to $186 Billion in the same time period. Bitcoin (BTC) is currently trading at $6,655 after bouncing off the $6,200 support zone. With respect to the crypto exchange of Binance, the team has consistently made valuable additions to the products and services offered by the platform.

Fiat On-ramp for the S. African Rand (ZAR)

Firstly, the team has announced that the platform now supports the transfer of Rands (ZAR) via bank transfer (EFT). This will enhance how users from South Africa deposit fiat on the platform. Additionally, the exchange has added 5 trading pairs denominated in the ZAR.

  • BTC/ZAR
  • BNB/ZAR
  • ETH/ZAR
  • USDT/ZAR
  • BUSD/ZAR

Deposits of ZAR are available with immediate effect. However, withdrawals will be active from 9th April, 6am (UTC + 2).

New OTC Trading Portal

Secondly, the team has announced the launch of an OTC trading portal. The service is live with users having the opportunity to receive a request for quotation (RFQ) for trades that are quickly settled directly to their Binance accounts.

However, the minimum trade size is the equivalent of 10,000 USDT. 25 digital assets are currently supported with users having to complete level 2 KYC verification.

TRX and LTC Added to Flexible Deposits

Thirdly, the exchange has added Tron (TRX) and Litecoin (LTC) to the list of supported assets on flexible deposits. This is a value-added service for Binance users who hold idle assets on the platform. Such funds can be lent out to users and the owners earn interest as a result.

Slight Price Increment of Binance Coin (BNB)

As earlier foreshadowed, the price of BNB in the crypto markets has experienced a huge boost from a recent low of $12. It is now valued at $12.77 and looks set to keep moving up as the day progresses.

(Feature image courtesy of Roman Kraft  on Unsplash.)

Disclaimer: This article is not meant to give financial advice. Any additional opinion herein is purely the author’s and does not represent the opinion of Ethereum World News or any of its other writers. Please carry out your own research before investing in any of the numerous cryptocurrencies available. Thank you.

Binance News Update: OTC Trading Portal, Fiat On-ramp for S.A Rand and Flexible Deposits for LTC & TRX

First posted at https://ethereumworldnews.com/binance-news-update-otc-trading-fiat-on-ramp-s-a-rand-and-flexible-deposits-ltc-trx/

In brief:

  • The team at Binance has made 3 major announcements in less than 24 hours. 
  • Firstly, Binance launched a new Fiat on-ramp for the South African Rand (ZAR). 
  • Secondly, the team launched a new OTC trading portal. 
  • Thirdly, flexible deposits are now available for Litecoin (LTC) and Tron (TRX).

The last 24 hours have been an eventful period in both the crypto markets and at the popular exchange of Binance. To begin with, the crypto market capitalization has gained approximately $10 Billion, rising from $175 Billion to $186 Billion in the same time period. Bitcoin (BTC) is currently trading at $6,655 after bouncing off the $6,200 support zone. With respect to the crypto exchange of Binance, the team has consistently made valuable additions to the products and services offered by the platform.

Fiat On-ramp for the S. African Rand (ZAR)

Firstly, the team has announced that the platform now supports the transfer of Rands (ZAR) via bank transfer (EFT). This will enhance how users from South Africa deposit fiat on the platform. Additionally, the exchange has added 5 trading pairs denominated in the ZAR.

  • BTC/ZAR
  • BNB/ZAR
  • ETH/ZAR
  • USDT/ZAR
  • BUSD/ZAR

Deposits of ZAR are available with immediate effect. However, withdrawals will be active from 9th April, 6am (UTC + 2).

New OTC Trading Portal

Secondly, the team has announced the launch of an OTC trading portal. The service is live with users having the opportunity to receive a request for quotation (RFQ) for trades that are quickly settled directly to their Binance accounts.

However, the minimum trade size is the equivalent of 10,000 USDT. 25 digital assets are currently supported with users having to complete level 2 KYC verification.

TRX and LTC Added to Flexible Deposits

Thirdly, the exchange has added Tron (TRX) and Litecoin (LTC) to the list of supported assets on flexible deposits. This is a value-added service for Binance users who hold idle assets on the platform. Such funds can be lent out to users and the owners earn interest as a result.

Slight Price Increment of Binance Coin (BNB)

As earlier foreshadowed, the price of BNB in the crypto markets has experienced a huge boost from a recent low of $12. It is now valued at $12.77 and looks set to keep moving up as the day progresses.

(Feature image courtesy of Roman Kraft  on Unsplash.)

Disclaimer: This article is not meant to give financial advice. Any additional opinion herein is purely the author’s and does not represent the opinion of Ethereum World News or any of its other writers. Please carry out your own research before investing in any of the numerous cryptocurrencies available. Thank you.

Meghan Markle’s Disney+ Doc Is Out – the Elephants Deserved Better

First posted at http://feedproxy.google.com/~r/BitcoinIndependentNewsAndBlog/~3/W13m-dR8_YI/

Crypto New Media Press

Disney+ just released their ‘Elephant’ documentary. Meghan Markle narrated the program, and it feels less like entertainment, more like punishment. Disney+ executives should be ashamed of themselves for allowing this to happen. There’s an old saying, “elephants never forget.” Our giant friends have an excellent memory that’s key to their survival. One thing they won’t […]

The post Meghan Markle’s Disney+ Doc Is Out – the Elephants Deserved Better appeared first on Crypto New Media.

Bytus is inclined to help retail chains introduce cryptocurrencies as a viable payment options.

First posted at http://feedproxy.google.com/~r/BitcoinIndependentNewsAndBlog/~3/BKV07HqRC80/

Crypto New Media Press

It’s been a decade when cryptocurrency came into existence. Is it still accepted worldwide? Cryptocurrency has been a taboo lately. Reception of it has always been a problem. Users who have access to digital coins are unable to use them for purchase of goods and services because of a lack of a supportive ecosystem and […]

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Homeowners Can’t Pay: US Lenders Prepare for Catastrophic Real Estate Market

First posted at http://feedproxy.google.com/~r/BitcoinIndependentNewsAndBlog/~3/_PZOi-o9NAM/

Crypto New Media Press

The coronavirus has managed to seep into every facet of the global economy and it seems nothing will escape its financial wrath. During the last two weeks as unemployment levels have skyrocketed in the U.S.; analysts, economists, and wealth managers have been warning about another subprime mortgage crisis. Most of these observers believe there’s no […]

The post Homeowners Can’t Pay: US Lenders Prepare for Catastrophic Real Estate Market appeared first on Crypto New Media.

Tron’s (TRX) Bug Bounty Continues to Bear Fruit as the Network Blossoms 2 Years On

First posted at https://ethereumworldnews.com/trons-trx-bug-bounty-continues-to-bear-fruit-as-the-network-blossom/

In brief:

  • Tron (TRX) and BitTorrent (BTT) community member, pointed out that the Tron network has functioned flawlessly since its launch.
  • For close to two years, the Tron Mainnet has continued to live up to expectations of the community.
  • Its Bug Bounty program is one reason the network continues to thrive. 

The backbone of any crypto project is always its community. The latter group of individuals are the first to believe in the project’s whitepaper and dedicate their funds towards the respective crowdfunding campaign to turn ideas into reality. In the case of Tron (TRX), the project has had die-hard fans since the project’s inception in 2017. Justin Sun has not let them down and has continually delivered on the project’s promises. He has also made some strategic acquisitions along the way such as BitTorrent and DLive.

Tron Mainnet Has Never Been Exploited

One thing is for sure, when a project has been running smoothly for as long as Tron has, community members begin to notice that its codebase is solid and developers on the platform are working overtime to make sure this remains the case. One such community member is @MikeNerdUK who posted the following tweet commenting on the robustness of the Tron blockchain on its two-year anniversary.

Bug Bounty Program Continues to Bear Fruit

Digging deeper as to why this is the case, we revisit the Tron Foundation’s bug bounty program that is still active on Hackerone. This program was activated hours after the Mainnet was launched and it has delivered on its objective of ensuring a solid Tron network thus far. In a 2018 analysis, Ethereum World News had predicted this outcome through the following statement:

Therefore [through the bug bounty program], Justin Sun and the Tron Foundation have two things going for them: time and the ability to attract the best of the best in cybersecurity through a high reward cap. This will in turn guarantee that the Tron MainNet is one of the most secure and stable platform in the Crypto-verse.

With respect to the rewards, the current bug bounty program has the following categories of threats and their respective value:

  • Critical – $10,000
  • High – $6,000
  • Medium – $3,000
  • Loe – $100

To date, $85,400 has been paid out in bounties with the average reward being between $1,000 – $3,000. 

Summing it Up

As the Tron Mainnet celebrates its second anniversary, its robustness has been noted by keen community members such as @MikeNerdUK. One of the reasons for its solid codebase is the currently ongoing bug bounty program on Hackerone.com. Additionally, the development team at Tron has continually delivered through the numerous Odessey updates.

(Feature image courtesy of Arno Smit  on Unsplash.)

Disclaimer: This article is not meant to give financial advice. Any additional opinion herein is purely the author’s and does not represent the opinion of Ethereum World News or any of its other writers. Please carry out your own research before investing in any of the numerous cryptocurrencies available. Thank you.

Binance News Update: OTC Trading Portal, Fiat On-ramp for S.A Rand and Flexible Deposits for LTC & TRX

First posted at https://ethereumworldnews.com/binance-news-update-otc-trading-fiat-on-ramp-s-a-rand-and-flexible-deposits-ltc-trx/

In brief:

  • The team at Binance has made 3 major announcements in less than 24 hours. 
  • Firstly, Binance launched a new Fiat on-ramp for the South African Rand (ZAR). 
  • Secondly, the team launched a new OTC trading portal. 
  • Thirdly, flexible deposits are now available for Litecoin (LTC) and Tron (TRX).

The last 24 hours have been an eventful period in both the crypto markets and at the popular exchange of Binance. To begin with, the crypto market capitalization has gained approximately $10 Billion, rising from $175 Billion to $186 Billion in the same time period. Bitcoin (BTC) is currently trading at $6,655 after bouncing off the $6,200 support zone. With respect to the crypto exchange of Binance, the team has consistently made valuable additions to the products and services offered by the platform.

Fiat On-ramp for the S. African Rand (ZAR)

Firstly, the team has announced that the platform now supports the transfer of Rands (ZAR) via bank transfer (EFT). This will enhance how users from South Africa deposit fiat on the platform. Additionally, the exchange has added 5 trading pairs denominated in the ZAR.

  • BTC/ZAR
  • BNB/ZAR
  • ETH/ZAR
  • USDT/ZAR
  • BUSD/ZAR

Deposits of ZAR are available with immediate effect. However, withdrawals will be active from 9th April, 6am (UTC + 2).

New OTC Trading Portal

Secondly, the team has announced the launch of an OTC trading portal. The service is live with users having the opportunity to receive a request for quotation (RFQ) for trades that are quickly settled directly to their Binance accounts.

However, the minimum trade size is the equivalent of 10,000 USDT. 25 digital assets are currently supported with users having to complete level 2 KYC verification.

TRX and LTC Added to Flexible Deposits

Thirdly, the exchange has added Tron (TRX) and Litecoin (LTC) to the list of supported assets on flexible deposits. This is a value-added service for Binance users who hold idle assets on the platform. Such funds can be lent out to users and the owners earn interest as a result.

Slight Price Increment of Binance Coin (BNB)

As earlier foreshadowed, the price of BNB in the crypto markets has experienced a huge boost from a recent low of $12. It is now valued at $12.77 and looks set to keep moving up as the day progresses.

(Feature image courtesy of Roman Kraft  on Unsplash.)

Disclaimer: This article is not meant to give financial advice. Any additional opinion herein is purely the author’s and does not represent the opinion of Ethereum World News or any of its other writers. Please carry out your own research before investing in any of the numerous cryptocurrencies available. Thank you.

Crypto Winter: Possible Mistakes to Avoid – DeBay Official

First posted at http://feedproxy.google.com/~r/BitcoinIndependentNewsAndBlog/~3/DhG7e-4HelQ/

Crypto New Media Press

The long and well-thought-out plans that led Warren Buffett and George Soros to success don’t inspire today’s investors. The new role models in the financial market are the student who spent their pocket money on BTC and became a millionaire in a couple of years and the trader who invested $100 in crypto just in […]

The post Crypto Winter: Possible Mistakes to Avoid – DeBay Official appeared first on Crypto New Media.