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VeChain, Ethereum Classic & Binance Coin All Start To Make Ground

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Positivity persists this morning, with cryptocurrencies across the board now starting to climb upwards, after a number of days sat within deep declines. These declines have really taken it out of the market and in turn, have done some real damage, however, now things are starting to look a little more optimistic at the very least. As values start to move upwards, we can tickle the idea that we could be due for a recovery soon enough. If this is the case, finally through this weekend, we could see cryptocurrencies make some significant ground and move up towards the values that we saw at the start of May, as a result of the mid-April market surge.

Likewise, the downfall of the markets recently, could be about to trigger another bull run, if this is the case, we are in with a chance of seeing some real significant gains.

As currencies within the top 20 for market capitalisation, VeChain, Ethereum Classic and Binance Coin all have the potential to show us how the rest of the markets are going to perform. I.e., when these sorts of currencies begin to make ground, we can expect the rest of the markets to follow on.

As it stands, these currencies are following a path that looks to be set by EOS, the currency of the day, that really does seem to be moving negativity out of the way and pushing the markets forward. At the time of writing, EOS is up 10.35%. With Bitcoin down 1.35%, who is the real champion here?

VeChain is valued at $3.58 at the time of writing and is up 0.37%. This rise may only be small, but it could the first sign of a new positive trend, set to take over the markets.

Likewise, at the time of writing, Ethereum Classic is valued at $15.23, up 1.46%. Ethereum Classic is starting to make significant moves upwards. Again, this is no surge, but overall it could be a sign that at the very least, a minor recovery is about to sweep the market.

Finally, Binance Coin, at the time of writing it is valued at $12.77, up 0.97%. Once more, a short gain in the grand scheme of things but, it is evidence that Binance Coin is another currency that has been picked up by this sudden upwards trend.

As the day develops, we could very well see this upwards trend continue to sweep the market. Moreover, we could see its acceleration increase, pushing the markets onto a new trajectory. If EOS is anything to go by, this could indeed be the case, going into the weekend.

Please bear in mind that this is not investment advice. We can’t guarantee that what new are seeing right now really is recovery, or something more advantageous. It could ultimately just be down to sheer coincidence or a blip in the market. Fingers crossed though, we do see cryptocurrencies start to recover soon enough.

Binance

Binance Includes XRP and BUSD to Supported Interoperable Tokens List

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Binance, the leading global cryptocurrency exchange has announced the issuance of BEP2 versions of digital coins- XRP and BUSD on its highly reputed Binance Chain.

By lending support to XRP and BUSD through their addition in the list of supported interoperable tokens, the platform has now enabled users to enjoy deposits and withdrawals of interoperable tokens to their opted networks via the exchange’s web interface with utmost convenience.

About BEP2 XRP Token:

The XRP-BF2 will work as a pegged token which will help in tracking down the value of the native digital asset currency of the XRP ledger system. Having supported by XRP assets in the 1:1 ratio, XRP-BF2 token is launched on Binance Chain (BEP2) and will be tradeable on Binance DEX. XRP ledger’s native coin XRP and BEP2 XRP are synchronized and are bidirectionally convertible in nature.

About BEP BUSD:

The US-denominated stablecoin, BEP USD is issued in collaboration with Paxos Trust Company. The coin has received approval from the New York State Department of Financial Services (NYDFS). On the Binance Chain, BUSD is present for direct purchase as well as redemption at a price of 1 BUSD= 1 USD. It is now available as both an ERC-20 token as well as a BEP2 token.

Source.cryptonewsz.

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Binance

Top 3 Kryptowährungen der Woche: ChainLink, Binance Coin und Ripple

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Es liegt eine insgesamt erfreuliche Woche hinter den Anlegern am Kryptomarkt. Viele der 20 wertvollsten Kryptowährungen der Welt notieren gegenüber der Vorwoche im Plus. Einen besonders starken Kursanstieg verzeichneten in dieser Woche die folgenden Altcoins:

Euphorie herrscht derzeit bei Anlegern von ChainLink. Der Altcoin hat eine fabelhafte Entwicklung genommen und kommt in der Sieben-Tage-Analyse auf einen Kursanstieg von rund 30 Prozent. Von 2,08 Dollar am vergangenen Sonntag ist der Kurs inzwischen auf 2,56 Dollar gestiegen. Allerdings ging es am zurückliegenden Handelstag wieder leicht abwärts. Das Tagesminus lag bei knapp vier Prozent. Gegenüber dem Wochenhöchststand von 2,92 Dollar am 9. Oktober ist der Altcoin-Kurs wieder um mehr als 12 Prozent abgesackt. Dennoch bleibt es eine überaus positive Woche für Anleger. Die Marktkapitalisierung ist auf rund 931 Millionen Dollar angestiegen. Im Krypto-Ranking belegt ChainLink nun Platz 14.

Platz 2: Binance Coin

Besonders starke Kurszuwächse verzeichnen in dieser Woche auch Anleger des Binance Coin. Derzeit notiert der BNB-Kurs bei 17,95 US-Dollar und erreicht damit zugleich den Bestwert der gesamten Woche. Gegenüber knapp 15 Dollar am vergangenen Sonntag ist der Kurs um mehr als 14 Prozent gestiegen. Auch das Momentum spricht für das Investment. Innerhalb der letzten 24 Stunden ging es um mehr als 5,5 Prozent nach oben. Mit einer Marktkapitalisierung von rund 2,79 Milliarden Dollar rangiert Binance Coin auf dem achten Platz. Die Kapitaldecke ist allein binnen des letzten Tages um rund 143 Millionen Dollar angewachsen.

Platz 3: Ripple

Auch Ripple-Anleger dürfen sich diese Woche entspannt zurücklehnen und ihre wachsende Rendite beobachten. Von gut 0,25 Dollar steigt der Kurs nun in Richtung 0,28 Dollar. Derzeit beträgt das Plus in der Sieben-Tage-Betrachtung 10 Prozent. Damit performt Ripple derzeit besser als die davor platzierten Kryptowährungen Bitcoin und Ethereum. Die Marktkapitalisierung ist auf mehr als 12 Milliarden Dollar angewachsen. 200 Millionen Dollar Kapital sind in den letzten 24 Stunden hinzugekommen.

Source kryptoszene.

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Binance

Binance Includes XRP and BUSD to Supported Interoperable Tokens List

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Binance, the leading global cryptocurrency exchange has announced the issuance of BEP2 versions of digital coins- XRP and BUSD on its highly reputed Binance Chain.

By lending support to XRP and BUSD through their addition in the list of supported interoperable tokens, the platform has now enabled users to enjoy deposits and withdrawals of interoperable tokens to their opted networks via the exchange’s web interface with utmost convenience.

About BEP2 XRP Token:

The XRP-BF2 will work as a pegged token which will help in tracking down the value of the native digital asset currency of the XRP ledger system. Having supported by XRP assets in the 1:1 ratio, XRP-BF2 token is launched on Binance Chain (BEP2) and will be tradeable on Binance DEX. XRP ledger’s native coin XRP and BEP2 XRP are synchronized and are bidirectionally convertible in nature.

About BEP BUSD:

The US-denominated stablecoin, BEP USD is issued in collaboration with Paxos Trust Company. The coin has received approval from the New York State Department of Financial Services (NYDFS). On the Binance Chain, BUSD is present for direct purchase as well as redemption at a price of 1 BUSD= 1 USD. It is now available as both an ERC-20 token as well as a BEP2 token.

Source.cryptonewsz.

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