Binance Coin is the Biggest Winner From a Week of Slight Gains

Investors are starting the week with a mix between optimism and doubt. Last week, bitcoin started trading at $7905 and managed to climb all the way up to $8470. At press time, bitcoin is trading at $8310.
Most cryptocurrencies are reporting very mild gains, mostly within the range of 1-2%. Without a doubt, the biggest surprise for investors was Binance Coin (BNB). BNB is currently ranked 8th by market cap and is the only coin within the top 20 that scored substantial gains by surging more than 7.5%.
Binance Coin is the clear winner from the last week
Over the course of the week, bitcoin kept bouncing between $8.2K and $8.4K.

Alfa-Bank and the Marco Polo Network join to Optimize Trade Finance with Blockchain technology
Thursday March 07, 2019

Alfa-Bank today announced that it joined the Marco Polo Network, the largest and fastest growing trade finance network leveraging Corda Blockchain technology. According to Dina Merkulova, Head of Trade Finance of Alfa-Bank, the merge is about to bring significant efficiencies in financing trade and working capital: “In line with our objective to offer to our

Ether (ETH) on the other hand, has fallen a bit and hit $180 on Sunday. The last day of the week saw ETH slowly climbing back up to the current price of $184.

Binance CEO Reveals Updates on the Recent ‘Security Incident’
Friday May 10, 2019

Coinspeaker Binance CEO Reveals Updates on the Recent ‘Security Incident’Binance CEO Changpeng Zhao, better known as CZ, addressed the community in his recent blog post to tell that the team is actively working on revamping and strengthening security measures, procedures, and practices and is already making progress.The security issues on Binance have become extremely pressing

As for the week’s end, the top 20 coins are almost all in the green with small to moderate gains. The only exception is Chainlink (LINK) which is down by roughly 2.5%. As stated above, the clear winner from the past week is Binance Coin.
A lot of experts speculate that Binance’s chain of announcements over the last few months have slowly pushed the price upwards. However, Binance’s most popular move seemed to be the decision to use WeChat and Alipay to accept fiat.
By all accounts, the reception is quite good and it’s evident in the way the markets received BNB for last week.
You can also check out:

Biggest HODLers in Crypto Revealed: Crypto Exchanges
Altcoin Facts: How Many are There and What is the End Goal
Accept Bitcoin: How Quickly the World Changed in 10 Years
MasterBlock: A Unique Time-Piece With an Amazing Secret

Report: ICO Projects are Exploring Diverse Verticals
Saturday May 11, 2019

Coinspeaker Report: ICO Projects are Exploring Diverse VerticalsInitial Coin Offerings took the world by storm by early 2017 or now more commonly known as the ICO boom period. ICOs enabled entrepreneurs to directly raise funds from interested investors instead of resorting to traditional fundraising mechanisms.Two years later, ICOs have raised over $24 billion according to

The post Binance Coin is the Biggest Winner From a Week of Slight Gains appeared first on CoinStaker | Bitcoin News.