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Binance appoints former Brazilian Economy Minister to its advisory board

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Join Our Telegram channel to stay up to date on breaking news coverage Binance, the world’s largest exchange by trading volumes, is growing its team. The exchange has now appointed Henrique Meirelles, who previously served as the President of the Brazilian Central Bank and an Economy Minister, as a member of the Binance advisory board. Former Brazilian Central Bank President joins Binance Binance has exuded a positive outlook despite the ongoing bear market . While many cryptocurrency exchanges have laid off their staff because of the declining crypto prices, Binance has gone on a hiring spree during the past few months. In May, the exchange announced openings for around 2000 positions. In June, the CEO of Binance, Changpeng Zhao, assured users that the exchange had a “healthy war chest.” It also added that cryptocurrency winters presented the ideal time for companies to expand their employee base. O Globo’s report has confirmed that Binance has welco...

Binance’s CZ Conveys His Intention to Aid Twitter in Entering Web3

Binance is one of the largest cryptocurrency exchanges in the world. It has also proved to be one of the most robust businesses to seamlessly ride the “crypto winter”. The firm has also been expanding and investing heavily in other businesses. CZ Binance also invested $500 million in Elon Musk’s Twitter acquisition. Speaking on CNBC’s Squawk Box, CZ conveyed his willingness to help Twitter enter Web3 when they are ready to do so. CZ also spoke about the Twitter deal and why he decided to invest in it. JUST IN: #Binance ceo says he wants to help Elon Musk bring Twitter into Web3. — Watcher.Guru (@WatcherGuru) October 31, 2022 CZ highlighted that Twitter is a “free speech platform” Speaking on several reasons for aiding in concluding the deal, CZ highlights that Twitter is a free-speech platform. He also added that he wants to support strong entrepreneurs and believes that Elon Musk is one of them. Binance’s CEO also m...

Binance kick-starts its platform in Bahrain

The world’s largest crypto exchange has been expanding its reigns even in the bear market. Over the past few months, it has acquired operating licenses from different nations across the globe. Last week, the exchange managed to garner a thumbs-up from the Cyprus Securities and Exchange Commission [CySEC] by acquiring a class 3 registration as a crypto asset services provider. Before that, at the beginning of the month, it received a regulatory license in Kazakhstan. Also Read: Binance: Kazakhstan’s Central Bank to use BNB Chain for its CBDC Binance’s Bahrain platform launched Similarly, back in May, the Central Bank of Bahrain [CBB] granted the exchange, a crypto-asset service provider license. Obtaining the license gave Binance permission to provide a host of crypto-related services like trading, custodial services as well as portfolio management. The exchange was able to obtain preliminary clearance for the license as early as December. The crypto...

Binance Coin Price Prediction Today, October 9, 2022: BNB/USD Price Pulls Back to Lower Support

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Join Our Telegram channel to stay up to date on breaking news coverage Binance Coin price action has maintained a moderate long-term gain. This moderate upside gain can be observed to have started around the 22nd of last month. Currently, we are at the point of knowing if this upward-sloping trend will be broken down or not. Binance’s Analysis Statistics Data : BNBs value now: $282.2 Binance’s market cap: $45.45 billion BNB’s moving supply: 161.3 million Total supply of BNB: 161.3 million Binance’s Coinmarketcap ranking: #5 To this effect, we shall further examine the BNB/USD and BNB/BTC market with the aid of technical indicators. This will be done to derive beneficial trading decisions. Important Price Levels: Top Levels: $290.0, $300, $320 Bottom Levels: $282.2, $270.0, $250.0 Binance Coin Price Prediction Today October 9, 2022: BNB/USD Retraces to the Downside Price action on the BNB/USD  market has managed to record moderate profits,...