Forwarded from Binance Research
In its latest Global Markets edition, @BinanceResearch discusses the latest from #DevCon in Osaka, #DeFi, and the upcoming switch to $ETH 2.0.
#BinanceFutures' BTCUSDT perpetual contract, which offers leverage up to 125x, is also analyzed.
https://info.binance.com/en/research/marketresearch/Global-Markets-October-2019.html
#BinanceFutures' BTCUSDT perpetual contract, which offers leverage up to 125x, is also analyzed.
https://info.binance.com/en/research/marketresearch/Global-Markets-October-2019.html
Forwarded from Binance Announcements
Introducing the Binance Futures Market Maker Program
https://www.binance.com/en/support/articles/360036035071
https://www.binance.com/en/support/articles/360036035071
Thoughts on the Futures Market Maker Program?
Anonymous Poll
45%
I want to join!
55%
Extra liquidity on Binance Futures, great for me!
Forwarded from Binance Announcements
Binance System Upgrade Notice (2019/11/13)
https://www.binance.com/en/support/articles/360036133111
https://www.binance.com/en/support/articles/360036133111
Binance
Binance System Upgrade Notice (2019/11/13) | Binance
Fellow Binancians, Binance will perform a scheduled system upgrade starting
Forwarded from Binance Announcements
Binance System Upgrade Complete (2019/11/13)
https://www.binance.com/en/support/articles/360036184631
https://www.binance.com/en/support/articles/360036184631
Binance
Binance System Upgrade Complete (2019/11/13) | Binance
Fellow Binancians, Binance has completed its system upgrade and we will res
Forwarded from Binance Research
#BinanceFutures is displaying meteoric growth.
It took just 26 days for #Binance's perpetual contracts volume to exceed spot volume, peaking at a high of 2.3B on October 26th.
Which pair do you trade the most on Binance?
It took just 26 days for #Binance's perpetual contracts volume to exceed spot volume, peaking at a high of 2.3B on October 26th.
Which pair do you trade the most on Binance?
Check out our Research team's new and improved page at research.binance.com for high-quality reports, podcasts, and more!
Thoughts about the market by the end of November?
Anonymous Poll
50%
Bullish, someone's gotta buy ETH back from the market
26%
Bearish, fade the rally
24%
Just going to stay put for now and enjoy some Thanksgiving turkey
Weekly Market Update - Dec 02, 2019
Market Moves
BTC $7,236.6 6.45% ⬇️
ETH $148.04 6.83% ⬇️
BNB $15.17 2.56% ⬇️
Top 3 Gainers on Binance
FET $0.06088 62.09% ⬆️
DGD $16.96 57.78% ⬆️
OST $0.01477 52.97% ⬆️
Top 3 Fallers on Binance
VIB $0.02398 -26.74% ⬇️
DATA $0.02349 -19.30% ⬇️
BAT $0.187304 -8.60% ⬇️
Binance News
- Introducing the Troy (TROY) token sale on Binance Launchpad
- Binance Futures launches ETH/USDT perpetual contract with up to 50x leverage
- Binance opens Indian Rupee (INR) fiat gateway through WazirX
- Binance updates the ticker of BCHABC to BCH
Trading News
- Margin trading added for XTZ
- QTUM trading competition has now concluded
- Binance supports XMR protocol updgrade
- New user sign-up bonus activity and rewards distribution completed
- Binance will support the ETHBNT airdrop for Bancor (BNT) holders
Binance Research
- Theory and praxis of DAOs - How can DAOs be conceptualized and classifed?
In Other News...
- Indian government to issue national blockchain strategy
Market Moves
BTC $7,236.6 6.45% ⬇️
ETH $148.04 6.83% ⬇️
BNB $15.17 2.56% ⬇️
Top 3 Gainers on Binance
FET $0.06088 62.09% ⬆️
DGD $16.96 57.78% ⬆️
OST $0.01477 52.97% ⬆️
Top 3 Fallers on Binance
VIB $0.02398 -26.74% ⬇️
DATA $0.02349 -19.30% ⬇️
BAT $0.187304 -8.60% ⬇️
Binance News
- Introducing the Troy (TROY) token sale on Binance Launchpad
- Binance Futures launches ETH/USDT perpetual contract with up to 50x leverage
- Binance opens Indian Rupee (INR) fiat gateway through WazirX
- Binance updates the ticker of BCHABC to BCH
Trading News
- Margin trading added for XTZ
- QTUM trading competition has now concluded
- Binance supports XMR protocol updgrade
- New user sign-up bonus activity and rewards distribution completed
- Binance will support the ETHBNT airdrop for Bancor (BNT) holders
Binance Research
- Theory and praxis of DAOs - How can DAOs be conceptualized and classifed?
In Other News...
- Indian government to issue national blockchain strategy
With the latest piece in its Global Markets series, @BinanceResearch discusses notable trends in staking, margin, and futures trading from November.
Please read the full report here 👇
https://research.binance.com/global-markets/november-2019
Views from Binance Trading
From the $50m hack at a top Korean exchange to Chinese exchanges shutting down, and CEOs vanishing with cold wallet keys, November was not a pretty month for crypto. BTC also dropped from $9,200 at the beginning of the month to $7,600 at the end of the month, falling as low as $6,600 at one point, with total market cap dropping by around $40 billion.
One exciting thing that occurred this month was what seemed to be a correlated increase in price for some past Launchpad projects. Starting at around November 25, several Launchpad tokens saw a sharp rise in price, with MATIC even doubling in price in the span of a few days.
We decided to take a look at taker buy-sell ratio data from our exchange for Matic Network (MATIC), Fetch.Ai (FET), Elrond (ERD), Band Protocol (BAND), and Harmony (ONE) to see if certain regions may have spurred the rallies but found little to no correlation.
For example, MATIC saw a higher taker buy-sell ratio in East Asia and Western Europe. In contrast, the ratio was much lower in Eastern Europe, meaning this region sold more in terms of taker orders. FET was more even across different areas, although it did see a lower ratio in Eastern Europe. BAND was also quite even but saw lower ratios in East and Southeast Asia, as well as Western Europe. ERD saw higher ratios in Eastern and Western Europe as well as Southeast Asia. ONE had higher ratios in Southern and Eastern Europe. Although possible, the rallies in Launchpad tokens do not seem like a coordinated effort.
Our OTC desk did see some more trades and quote requests for Launchpad tokens than usual, but it was not anything too out of the ordinary. Along with Launchpad tokens, there was some more demand for privacy coins than usual. As with last month, there was a high number of altcoin trades, which was not that unusual given the fluctuations in BTC. What was a bit surprising was that it was a rather quiet month for BTC comparatively in terms of flow, although flows were sell-dominant as one might expect.
Please read the full report here 👇
https://research.binance.com/global-markets/november-2019
Views from Binance Trading
From the $50m hack at a top Korean exchange to Chinese exchanges shutting down, and CEOs vanishing with cold wallet keys, November was not a pretty month for crypto. BTC also dropped from $9,200 at the beginning of the month to $7,600 at the end of the month, falling as low as $6,600 at one point, with total market cap dropping by around $40 billion.
One exciting thing that occurred this month was what seemed to be a correlated increase in price for some past Launchpad projects. Starting at around November 25, several Launchpad tokens saw a sharp rise in price, with MATIC even doubling in price in the span of a few days.
We decided to take a look at taker buy-sell ratio data from our exchange for Matic Network (MATIC), Fetch.Ai (FET), Elrond (ERD), Band Protocol (BAND), and Harmony (ONE) to see if certain regions may have spurred the rallies but found little to no correlation.
For example, MATIC saw a higher taker buy-sell ratio in East Asia and Western Europe. In contrast, the ratio was much lower in Eastern Europe, meaning this region sold more in terms of taker orders. FET was more even across different areas, although it did see a lower ratio in Eastern Europe. BAND was also quite even but saw lower ratios in East and Southeast Asia, as well as Western Europe. ERD saw higher ratios in Eastern and Western Europe as well as Southeast Asia. ONE had higher ratios in Southern and Eastern Europe. Although possible, the rallies in Launchpad tokens do not seem like a coordinated effort.
Our OTC desk did see some more trades and quote requests for Launchpad tokens than usual, but it was not anything too out of the ordinary. Along with Launchpad tokens, there was some more demand for privacy coins than usual. As with last month, there was a high number of altcoin trades, which was not that unusual given the fluctuations in BTC. What was a bit surprising was that it was a rather quiet month for BTC comparatively in terms of flow, although flows were sell-dominant as one might expect.
Binance Research
November 2019 - What Are The Causes of Market Shifts? | Binance Research
Besides trends from staking and futures trading, Binance Research focuses on the impact of margin trading on orderbook structure.
What will be the best performing cryptocurrency in 2020?
Anonymous Poll
37%
BTC
10%
ETH
6%
XRP
26%
BNB
22%
Other
Weekly Market Update - Dec 09, 2019
Market Moves
BTC $7,502.8 2.03% ⬆️
ETH $150.36 0.40% ⬆️
BNB $15.66 1.61% ⬆️
Top 3 Gainers on Binance
GO $0.01443 65.55% ⬆️
MATIC $0.04114 58.08% ⬆️
ENJ $0.09066 50.80% ⬆️
Top 3 Fallers on Binance
OST $0.01052 -24.54% ⬇️
DATA $0.01824 -23.08% ⬇️
ADX $0.07268 -18.67% ⬇️
Binance News
- Binance Community Coin Vote Round 4 - COTI vs VITE
- Binance supports Ethereum Istanbul upgrade
- Purchase an HTC EXODUS 1 - Binance Edition and win up to $100 USD in BNB
Trading News
- Adjustment to the daily interest rate for borrowing ETH
- Binance supports Cosmos (ATOM) staking
- Binance supports zero fee Tezos (XTZ) staking
- Margin trading added for RVN
- Trading pairs for BUSD/RUB, VET/BUSD and QTUM/BUSD added
- Removal of trading pairs
Binance Research
- Global Markets - November overview
In Other News...
- Deutsche Bank Research - Could crypto replace fiat by 2030?
Market Moves
BTC $7,502.8 2.03% ⬆️
ETH $150.36 0.40% ⬆️
BNB $15.66 1.61% ⬆️
Top 3 Gainers on Binance
GO $0.01443 65.55% ⬆️
MATIC $0.04114 58.08% ⬆️
ENJ $0.09066 50.80% ⬆️
Top 3 Fallers on Binance
OST $0.01052 -24.54% ⬇️
DATA $0.01824 -23.08% ⬇️
ADX $0.07268 -18.67% ⬇️
Binance News
- Binance Community Coin Vote Round 4 - COTI vs VITE
- Binance supports Ethereum Istanbul upgrade
- Purchase an HTC EXODUS 1 - Binance Edition and win up to $100 USD in BNB
Trading News
- Adjustment to the daily interest rate for borrowing ETH
- Binance supports Cosmos (ATOM) staking
- Binance supports zero fee Tezos (XTZ) staking
- Margin trading added for RVN
- Trading pairs for BUSD/RUB, VET/BUSD and QTUM/BUSD added
- Removal of trading pairs
Binance Research
- Global Markets - November overview
In Other News...
- Deutsche Bank Research - Could crypto replace fiat by 2030?