Binance to Confirm Margin Trading Launch Plans

According to CEO of the exchange, Changpeng Zhao, the corresponding code is ready and the system is currently being tested.
08 May 2019   268

The head of Binance Changpeng Zhao confirmed the information that the exchange will soon launch margin trading.

During the discussion with the community on the eve of the hacker attack, Zhao stressed that Binance would soon launch margin trading.

Changpeng said they are working on a margin trading system that will be launched very soon. Initially, it will be launched for key clients, large traders who will help test it. 

According to him, the corresponding code is ready and the system is currently being tested. In addition, Zhao noted that Binance is actively discussing the possibility of issuing its own steylcockin, and also is selecting candidates for the next IEO on the Launchpad platform.

However, over the next week, the marketplace team will be fully focused on studying security issues and addressing the effects of hacking. Consequently, the above development and discussion of future plans for Binance is likely to be postponed for some time.

BTC Invesment Profitability to Exceed Traditional Assets

This conclusion was made by Binance Research team in study "What Bear Market?"; since begining of the year the BTC has grown by more than 50%, while oil by 33%
08 May 2019   320

Since the beginning of the year, Bitcoin has grown faster than traditional market assets, including oil, technology companies, real estate and gold. This conclusion was made by Binance Research in the new study "What Bear Market?"

Since the beginning of the year, the price of Bitcoin has grown by more than 50%, while oil - by 33%, tech stocks - by 18%. The price of gold in five months slipped by 1%.

Recently, however, some factors have emerged that may put pressure on the price of Bitcoin. Thus, the recovery of BTC growth slowed down somewhat amid news of a hacker attack on the popular Binance exchange itself, as a result of which 7,000 BTC ($ 40.5 million) were stolen.

Another potentially negative factor for the price of Bitcoin could be the upcoming IEO of the Bitfinex exchange, where Tether stablecoins will be used to purchase LEO tokens for $ 1 billion. It can lead to situation when large players can may actively sell BTC.