Binance CEO announces head office establishment plans in France
Crypto Exchange giant, Binance CEO, Changpeng Zhao recently revealed his plans to become a digital asset service provider in France by next year. According to an interview with a local news publication, the crypto exchange platform, now has a newfound interest in setting up shop in the country post its recent investment worth $116 million in boosting France’s decentralized ecosystem.
The NFT frenzy has been the biggest talking point this year as many mainstream brands and celebrities have turned to the NFTs for promotion and auction. The latest to join the foray is United Nations but their focus is more towards bringing awareness around climate crisis than using it for just a promotional event.
The developers of Sovryn, a Bitcoin-native application for enabling decentralized lending, pointed out that we are experiencing a truly historic transition from an economy established via the fiat monetary system to an economy involving uncensorable Bitcoin transactions.
🔥Breaking: Chinese E-Commerce Giant Record $15.6 Million in Digital Yuan Transactions on Singles Day
China is currently in the second year of mass testing its national digital currency called digital yuan (e-CNY) with no fixed schedule for an official launch. However, that has not stopped the Chinese e-commerce giant JD.com from adding it to their payment option for the ongoing Singles Day, considered to be the biggest shopping event in the world.
From a technical perspective, the ZEC/USD chart indicates a positive outlook for this coin, as the price has managed to reclaim an important resistance zone at the $180 mark, suggesting high potential for ZEC coin price.
The technical outlook for IOTX/USD states a strong bullish trend. On November 10th, the coin showed a sudden price surge of 124% in its intraday session and also reclaimed the previous All-Time High of $0.185.
📈BNB Price Prediction: Potential Buy the DIP Signal for BNB Coin As Bullish Divergence Forms on Intraday Levels
The Binance Coin (BNB) ranks at the number three crypto project by market cap after Ethereum’s ETH and recently tops the list of Smart contract platforms and cryptocurrency exchanges with price growth of about 170% after recovering from the crypto market-wide price slump on 17 May ’21.