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?

@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

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

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

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.

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

@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

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

Owing to its low correlation with traditional assets, #Bitcoin offers diversification benefits in multi-asset portfolios.

Based on our empirical results, the inclusion of $BTC into multi-asset portfolios led to better risk-return profiles than portfolios without BTC.

https://research.binance.com/analysis/bitcoin-diversification-benefits