Binance, one of the world’s largest crypto exchanges, is converting $1 billion in the stablecoin Binance USD, or BUSD, into bitcoin, Ether and other cryptocurrencies, said Binance CEO Changpeng Zhao, ...
The move likely contributed to buying pressure. Bitcoin jumped over $22,500 in Asian hours on Monday while ether regained the $1,600 market. BNB rose over 10% to trade over $300, setting two-week ...
Undeniably, one of the core catalysts for the tremendous growth of cryptocurrencies was the paradigm shift of decentralized stores of value. Rather than anchoring to a central authority — as is the ...