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New Cryptocurrency Exchange to be Put Up

Cryptocurrency Exchanges, take a Note of This: New Cryptocurrency Exchange to be Put Up


“To stay in power and to lead a pack, taking risk is an ability that few have.”

Well so to say, Cryptocurrency Exchanges have to be prepared for recent developments and what system the U.S. Securities and Exchange Commission has put across. The most important aspect which one was missing out all this while was that the responsibility of a creator does not end with the creation of an exchange on a Blockchain, instead, it goes on to be on the rising end.

And this is what even Rober Cohen, Chief of Cyber Unit of SEC thinks.

Cryptocurrency so far had been on a racing streak sprouting in all corners of the economy, however, in order to keep track of advances in this particular field came in U. S. SEC’s Cyber Unit. According to the latest developments, SEC shall make a note of minute details so as to keep Cryptocurrency Exchanges in the track.
SEC’s focus turned toward Cryptocurrency Exchange solely based on the fact that there is an ‘Exchange’ involved in talks and this can turn tables for all parties involved. Therefore, it was necessary for something or someone to take charge of changing the environment.
Another fact to be taken note of is, decentralization or smart contract were never in question, it was only these sets of ‘decentralized exchanges’ that had to be looked at. Reasons being, exchanges, for the most part, ran on ‘self-executing codes’. Responsibility of these codes also included contacting individuals directly!

Cryptocurrency Exchanges: Would they ever be Accepted?

The question that an individual faces here is whether any one out there is going to accept these Cryptocurrency exchanges or not? Some of the exchanges have worked their way up while there were also others who could not make a mark for themselves.

Scams are another factor that takes away trust from a platform.

If you have ever noticed then some of these Cryptocurrency Exchanges have been launched with an ‘ox platform’. While on the other hand there are also other exchanges which have seen the light of the day as they were being solely made on Blockchain.
And if views of experts are to be taken in to consideration then we may make a point very clear: it is next to impossible at the moment to shut down Exchanges that have formed their basis on Blockchain!
In simple words Blockchain based Cryptocurrency Exchanges have found themselves to be built on a platform that does not seem to have an end to it. With loads of decentralized servers apart from domain providers and a lot of similar other stuff, exchanges are heading towards a whole new wave of development.
A development, that many see as an answer to an easier way out; whilst some experts are of the belief that if monitored on regular basis then Blockchain based Cryptocurrency Exchanges shall leave a mark for itself. To let this thought turn in to a reality, it shall certainly take some more time because streamlining aspects is an important part of development as far as these exchanges are concerned.
And with U. S. Securities and Exchange Commission right around the corner, exchanges under Cryptocurrency tag have to abide by the rules. Do they?
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Cryptocurrency Analysis Division Launched by Binance

Binance, has been in news of late while growing leaps and bounds with its great work in the field of cryptocurrencies. Still there was room enough to launch yet another department that aimed to bring in transparency for the benefit of everyone involved.



8 November 2018, a Day to Remember

8 November is a day to remember as it was then that Binance launched its ‘Altcoin Research Lab’ creating another source of public assistance. This division from Cryptocurrency Exchange giant would analyze investment opportunities in range of diverse Cryptocurrency projects; thereafter this information is going to be shared to the public.

This is also the very first time that a leading Cryptocurrency Exchange is working on ‘institutional grade cryptos research’. Such a research shall be carried out by ‘Binance Research’, aimed to raise transparency levels besides providing quality and quantitative reports on the way Cryptocurrency Reports work.

Folks from the crypto world are enthusiastic about Binance Research Division as it could resolve major issues concerning cryptos which keep cropping every now and then. It is also to be understood that there has not been till date any such venture made purely for providing information related to crypto world.



In Depth Research

Yes, you read it correctly, it is certainly going to be an in-depth research at Binance Ecosystem from the experts at Binance World. Updating these reports is also a part of the game plan because changes are inevitable and hence, it is necessary that some one keeps a track of all these things, while reporting these issues or solving any queries related to crypto world.

With latest reports on the go, a crypto enthusiast shall make the most use of this division. Availing information from these reports would not be that difficult also, reasons being the whole information shall be made available online.

People who form this research team include experts from the field such as Blockchain Engineers, Data Scientists, Investment Bankers, Academicians and Journalists among others. This team would be in charge of building reports from the scratch and shall report ‘Price Analysis, Token Sale, Trading Data and Adoption Metrics’ to name a few focus points.

Reviewing major projects yes, is one of the focal points however, Subjective Metrics is yet another of the categories the team would work on.

The Go To Option for Many

Binance, over the years has moved ahead while still maintaining its position of being a ‘Crypto Trading Platform’. And now if you see, it has worked its way to become one of the best and leading ‘Blockchain System’.

It was therefore about time for a leader of this stature to spread out its wings to yet another division whilst maintaining quality in all the verticals it moved in to. This thought gave birth to Binance’s Research Division, the first of its kind in the crypto world. In case you are not aware of it, there are two other divisions of Binance namely, Binance Info (* a Cryptocurrency Database) and Binance Academy (* an educational portal) already up and running!




So, stay tuned to get the latest information on Crypto Analysis made online by the experts in their efforts to keep everyone informed on how Cryptocurrency is moving forward by the hour!

Cryptocurrencies on the rise again!

Cryptocurrency Market Is Rising Again

It was only yesterday that we reported about sudden changes in the way Bitcoin worked but as you can see there can never be anything which one can be sure of. And so are cryptocurrencies’ latest ‘bull run’ that has brought some relief to investors of Bitcoin!

Stabilize
Of course, stabilize is the correct word here because right from October of 2018, with the unstable market around, Bitcoin still maintained its status quo. Difficult to believe but that is how Bitcoin works. And when you look at the picture, you understand that Bitcoin has been trading some where around $6,400. This is certainly a positive sign for investors say some experts.
On the other hand, Ethereum, as well as Litecoin, move around $211 and $51 respectively. Agreed that there was indeed one point of time when Bitcoin touched its all-time low, however, that was way back in the month of June. And as per reports, Bitcoin in June was around $5,900 which turns out to be a few hundred less than the current status.

Binance CEO’s Views

Changpeng Zhao, CEO of Binance has even reported having said that there is going to be ‘bull-run’ of cryptocurrencies and it shall not take a lot of time as well. Binance is one of the top Cryptocurrency exchanges across the globe and if something to this extent comes from the CEO of it then there are a lot of chances that Bitcoin along with other cryptocurrencies shall see their rise again!
Bitcoins and Blockchain had been made to change the way decentralization worked; it did make quite a stir among people about the way it worked and so it was a time that it caught the attention of people (the way it did by having numerous investors from various sectors of the world).
Things, however, did not work as per the plan as some Governments did not completely take cryptocurrencies on their anvil.

Predictions or Reality
As moments pass, it becomes all the more difficult to take a final decision as to what would be right and what is not supposed to be correct. To clear this air of confusion, Llew Claasen, Executive Director of Bitcoin Foundation has been reported saying that Bitcoin shall hit $40,000! Now, this is not a small sum?! Adding to this statement, Claasen said that it shall be by the end of this year that Bitcoins hit this mark.
When asked about other cryptocurrencies, Claasen’s only answer was: (that) about 90% of cryptocurrencies might fail. Reasons for this failure could be lack of risk-taking ability, most managements of Cryptocurrency projects may not have.

At the moment with 5 known scams of Cryptocurrency, the list is going to be an endless one. Situations are indeed volatile, major reasons being: it is tough to predict the future of a Cryptocurrency for a limited period of time. Hence, this leads to varied statements about pros and cons of investing in a certain department.
Bitcoin, on the other hand, seems to be a store of a kind for value; it is also being regarded as an asset or an aspect most shall bank on.

Readers, stay tuned for more updates on Bitcoins and cryptocurrencies future right here.
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Coinbase Listings, why are they so important?

ICO And New Crypto Platforms Usually Focus On Coinbase Listing

If something sells quickly, then people tend to run after that and this is what has been the trend of late or should I say from time immemorial? Well, if we look at the picture then we can say that people run after a certain aspect or invest in certain division only when they see it in news or hear it from someone else.
It is also true as common folks like us require some sort of affirmation that yes, this is it… it has been breaking new ground so why not focus on this at the moment? And / or adopt a wait and watch policy?! Occasionally, it may work but not every so often! Decision of an individual should not and never be made merely based on a theory instead it is in one’s interest that you carry out thorough research before trying to step in the waters.

Reality Check
Agreed that Coinbase, a leading United States based Digital Currency giant has listed out cryptocurrencies on its ‘Coinbase Pro’ division. However, what has to be taken a note of is the fact as to how the crypto listings move around; as in do they every time move up the ladder or is it that at times, they also go the other way round.

History may tell the Difference
To help you further in this regard, we have put across various examples for you to view and ponder over before making a final call. Let us have a close look at the way BAT or Basic Attention Token has been listed on Coinbase:
It was way back in the month of July that Coinbase had first announced its intention of bringing BAT aka Basic Attention Token on board. When this announcement went live, and particularly on the 14th of July, there was an uproar of sorts wherein BAT gained 30% on news!
This was also probably the first time that a ‘fiat to crypto’ exchange had seen such a raise in a short span of time. On the other hand, Coinbase made it very clear on its social handle that there is nothing to guarantee as to what would be the future of any listing of a particular token on its exchange.
Besides, there are many listings in Coinbase that do not have complete support from their side, it can be either partial support or there may be some cases wherein assets become available in various countries before coming to the United States! In fact, there are also chances that under specific jurisdictions, Coinbase lists tokens!

Make a Note
While for BAT, there were days that it fell 70% from being at its peak somewhere on the 24 July and 12 September respectively however, it rose by 30% post an announcement by Coinbase. As per reports, Coinbase okayed for BAT Tokens deposits in its listings (on 8 November). It was therefore about time for BAT to see a change, but when trading was enabled, their tokens went down by 35% approximately while it was at its peak on Thursday.

It is yet to see what would happen next but remember that anything can change at any given moment of time. As per few people, it is best to look out for the term ‘exploring’ on Coinbase before making a final decision!
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