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?
Santa rally? Which price are we more likely to see for BTC by the end of 2019?
Anonymous Poll
46%
$8,000
54%
$6,500
Forwarded from Binance Research
@BinanceResearch analyzed the mining activities of Bitcoin, Bitcoin Cash, and Bitcoin SV. While mining has become a billion-dollar industry, some participants appear to be irrational in how they allocate their hashpower between $BTC, $BCH, and $BSV.
Find out more here:
http://research.binance.com/analysis/bitcoin-mining-allocation
Find out more here:
http://research.binance.com/analysis/bitcoin-mining-allocation
Binance
Binance Research
Binance Research provides institutional-grade analysis, in-depth insights, and unbiased information to all participants in the cryptocurrency and digital asset industry.
How will the May 2020 halving affect the price of BTC?
Anonymous Poll
55%
Bullish - positive effect on the price
16%
Bearish - negative effect on the price
29%
Halving is already priced in - little to no effect on the price
Forwarded from Binance Research
Expected annual yields for staking assets vary greatly, from 1% to 16%. Will 2020 be the year of #Staking?
Find more by reading our report about the Rise of Staking.
https://research.binance.com/analysis/rise-of-staking
Do not forget that #Binance provides staking services for many popular cryptoassets like ALGO, TRX, KAVA, VET, and XTZ!
Deposit your coins to Binance and start earning rewards today.
https://binance.com/en/staking
Find more by reading our report about the Rise of Staking.
https://research.binance.com/analysis/rise-of-staking
Do not forget that #Binance provides staking services for many popular cryptoassets like ALGO, TRX, KAVA, VET, and XTZ!
Deposit your coins to Binance and start earning rewards today.
https://binance.com/en/staking
Weekly Market Update - Dec 30, 2019
Market Moves
BTC $7,442.31 -1.64% ⬇️
ETH $135.97 1.88% ⬆️
BNB $14.35 3.81% ⬆️
Top 3 Gainers on Binance
MANA $0.03356 15.32% ⬆️
BAT $0.19665 14.53% ⬆️
FTM $0.01159 13.79% ⬆️
Top 3 Fallers on Binance
WTC $0.36126 -19.21% ⬇️
HBAR $0.01327 -16.90% ⬇️
MITH $0.00764 -14.80% ⬇️
Binance News
- Users can now bind their Visa cards to their Binance.com accounts and purchase crypto
- Binance Futures - how to calculate liquidation price
Trading News
- ETH/TRY, XRP/TRY, USDT/TRY, and USDT/RUB trading pairs have been added
- Adjustment to the daily interest rate for borrowing USDT
In Other News…
Indian government institute offers blockchain training in multiple cities
Market Moves
BTC $7,442.31 -1.64% ⬇️
ETH $135.97 1.88% ⬆️
BNB $14.35 3.81% ⬆️
Top 3 Gainers on Binance
MANA $0.03356 15.32% ⬆️
BAT $0.19665 14.53% ⬆️
FTM $0.01159 13.79% ⬆️
Top 3 Fallers on Binance
WTC $0.36126 -19.21% ⬇️
HBAR $0.01327 -16.90% ⬇️
MITH $0.00764 -14.80% ⬇️
Binance News
- Users can now bind their Visa cards to their Binance.com accounts and purchase crypto
- Binance Futures - how to calculate liquidation price
Trading News
- ETH/TRY, XRP/TRY, USDT/TRY, and USDT/RUB trading pairs have been added
- Adjustment to the daily interest rate for borrowing USDT
In Other News…
Indian government institute offers blockchain training in multiple cities
In its December overview, @BinanceResearch discusses the absence of a 2019 "Santa Claus Rally" in crypto-markets.
The expansion of $BUSD, #BinanceCollectibles, and the opposition between bulls and bears in the $BTC market are also investigated.
https://research.binance.com/global-markets/december-2019
Views from Binance Trading
December was one of the more polarising months in recent memory in terms of opinions split about BTC’s price direction. As BTC hovered at the $7,250 mark, there was the debate about whether BTC would reach $6,500 or $8,000 first. We asked this question on a poll in the Binance Trading Telegram channel, and opinions were split almost exactly 50-50. The bears ended up being correct as BTC did reach $6,500 on Dec 18, but found strong support at this level and shot back up almost immediately to above $7,100. We enter 2020 with virtually the same question we had in our poll, and it seems that BTC may be range-bound for longer than many have expected.
Going into OTC flows, December started with a few sizeable BTC sells. We thought this could kickstart increased sell pressure on BTC, but prices held up well. As BTC moved sideways, sell flows for small-cap altcoins were dominant. Large-cap altcoins like ETH and XRP, on the other hand, were in demand and saw a higher than usual amount of buy flows.
BNB also saw a high amount of buy flows this month, notably when prices first dipped below $15. There was another round of buy flows when prices dropped below $13. Starting from a few days before Christmas to the end of the month, two-way flows for BTC picked up. Buyers may have been anticipating a Santa or an end-of-the-year rally, and sellers may have turned bearish after seeing BTC fail to pick up steam throughout December. It will be interesting to see whether BTC makes any significant movements in either direction in January, after a historically unusually calm December.
The expansion of $BUSD, #BinanceCollectibles, and the opposition between bulls and bears in the $BTC market are also investigated.
https://research.binance.com/global-markets/december-2019
Views from Binance Trading
December was one of the more polarising months in recent memory in terms of opinions split about BTC’s price direction. As BTC hovered at the $7,250 mark, there was the debate about whether BTC would reach $6,500 or $8,000 first. We asked this question on a poll in the Binance Trading Telegram channel, and opinions were split almost exactly 50-50. The bears ended up being correct as BTC did reach $6,500 on Dec 18, but found strong support at this level and shot back up almost immediately to above $7,100. We enter 2020 with virtually the same question we had in our poll, and it seems that BTC may be range-bound for longer than many have expected.
Going into OTC flows, December started with a few sizeable BTC sells. We thought this could kickstart increased sell pressure on BTC, but prices held up well. As BTC moved sideways, sell flows for small-cap altcoins were dominant. Large-cap altcoins like ETH and XRP, on the other hand, were in demand and saw a higher than usual amount of buy flows.
BNB also saw a high amount of buy flows this month, notably when prices first dipped below $15. There was another round of buy flows when prices dropped below $13. Starting from a few days before Christmas to the end of the month, two-way flows for BTC picked up. Buyers may have been anticipating a Santa or an end-of-the-year rally, and sellers may have turned bearish after seeing BTC fail to pick up steam throughout December. It will be interesting to see whether BTC makes any significant movements in either direction in January, after a historically unusually calm December.
Binance Research
December 2019 - Where Was Santa? | Binance Research
In its December 2019 overview, Binance Research discusses the absence of a Santa Claus Rally in crypto-markets, Binance Collectibles, with Binance Trading.
Weekly Market Update - Jan 6, 2020
Market Moves
BTC $7,551.5 2.02% ⬆️
ETH $139.4 3.26% ⬆️
BNB $14.44 1.03% ⬆️
Top 3 Gainers on Binance
LEND $0.01601 83.50% ⬆️
GO $0.01627 46.09% ⬆️
BQX $0.01159 39.21% ⬆️
Top 3 Fallers on Binance
BNT $0.22642 -16.88% ⬇️
ERD $0.00168 -14.08% ⬇️
STRAT $0.30752 -13.26% ⬇️
Binance News
- Binance 2019: Year in Review
- Isolated margin mode now available on Binance Futures
Trading News
- Binance now supports LOOM staking
- Binance supports PIVX and Ethereum Muir Glacier network upgrades
- Zero maker fee promotion for BUSD extended
- Binance Futures trading tournament - 100,000 USD in BNB to be won
- TROY trading competition has now concluded
In Other News…
Former Barclays executive to launch UK’s first regulated crypto bank in 2020
Market Moves
BTC $7,551.5 2.02% ⬆️
ETH $139.4 3.26% ⬆️
BNB $14.44 1.03% ⬆️
Top 3 Gainers on Binance
LEND $0.01601 83.50% ⬆️
GO $0.01627 46.09% ⬆️
BQX $0.01159 39.21% ⬆️
Top 3 Fallers on Binance
BNT $0.22642 -16.88% ⬇️
ERD $0.00168 -14.08% ⬇️
STRAT $0.30752 -13.26% ⬇️
Binance News
- Binance 2019: Year in Review
- Isolated margin mode now available on Binance Futures
Trading News
- Binance now supports LOOM staking
- Binance supports PIVX and Ethereum Muir Glacier network upgrades
- Zero maker fee promotion for BUSD extended
- Binance Futures trading tournament - 100,000 USD in BNB to be won
- TROY trading competition has now concluded
In Other News…
Former Barclays executive to launch UK’s first regulated crypto bank in 2020
Is quantum computing a threat to crypto?
Anonymous Poll
21%
Yes, significant threat
26%
Possibly in the future if quantum computing is successful
43%
No threat, crypto will adapt
11%
Huh? What is quantum computing?
Forwarded from Binance Research
@BinanceResearch analyzed 2019's top 20 cryptoassets by market cap based on:
- Price-performance
- BTC market dominance
- Correlations
- Clusters of assets
$BNB, $BTC, $ATOM, and $ETH were the most outstanding assets in 2019.
Which will perform best in 2020?
https://research.binance.com/analysis/annual-crypto-correlations-2019
- Price-performance
- BTC market dominance
- Correlations
- Clusters of assets
$BNB, $BTC, $ATOM, and $ETH were the most outstanding assets in 2019.
Which will perform best in 2020?
https://research.binance.com/analysis/annual-crypto-correlations-2019
Binance Research
2019 - Annual Crypto-Correlations Review | Binance Research
A review of crypto-markets in 2019, analyzing behavior of the top 20 cryptoassets are assessed from a price performance and correlation perspective.
Binance Research
@BinanceResearch analyzed 2019's top 20 cryptoassets by market cap based on: - Price-performance - BTC market dominance - Correlations - Clusters of assets $BNB, $BTC, $ATOM, and $ETH were the most outstanding assets in 2019. Which will perform best in…
What will be the Bitcoin dominance at the end of 2020
Anonymous Poll
22%
Below 50%
8%
50-54%
9%
55-59%
8%
60-64%
8%
65-69%
27%
70% or above
17%
IDK but alt-season is coming!
Asset Allocation & Diversification Explained - @BinanceAcademy
The #crypto market is highly correlated to the price movements of #Bitcoin. This makes diversification a tough task.
What % of your crypto holdings are in $BTC?
https://www.binance.vision/economics/asset-allocation-and-diversification-explained
The #crypto market is highly correlated to the price movements of #Bitcoin. This makes diversification a tough task.
What % of your crypto holdings are in $BTC?
https://www.binance.vision/economics/asset-allocation-and-diversification-explained
Binance Academy
Asset Allocation and Diversification Explained | Binance Academy
Asset allocation and diversification are essential concepts of risk management. Click here to learn how they can increase the efficiency of your portfolio.