BNB (BNB) vs OKB (OKB), will Hybrid Exchange Tradecurve take over?
1
0
BNB (BNB) was in the red, but the outcome of the SEC vs Ripple lawsuit has been positive. OKX partners with Radiant and Marinade although the price of OKB (OKB) is unaffected. Tradecurve (TCRV) could disrupt an entire market with its unique hybrid trading platform. Let’s have a closer look at what’s going on.
>>Register For The Tradecurve Presale<<
BNB Flashes Red
Despite the US Jobs report triggering a bullish rally last Friday, BNB (BNB) fell short of the major support at $240 and was down 0.2% at $235. Binance-related news continued to weigh on BNB, with Binance executives leaving and the biggest CEX cutting down staff due to increased regulatory scrutiny and SEC filing.
However, the long-awaited outcome of SEC vs Ripple pushed the price to above $250, where it has now found support.
The ongoing SEC vs. Binance lawsuit will remain the main driver for the days and weeks to come, and buyers are advised to track the crypto news wires for updates on the regulatory reports from other jurisdictions to determine further price action.
If BNB manages to stay above the 50D SMA, this might bring bulls back to the table, but if further sell pressure occurs, a likely return to sub-$230 regions is in the cards.
OKX New Partnerships but OKB Stands Still
OKX Wallet recently announced the launch of its new platform and the partnership with the on-chain protocols Radiant and Marinade. This announcement follows ongoing discussions about the waning influence of the world’s largest cryptocurrency exchange, Binance. In theory this is bullish for OKX’s coin OKB (OKB).
OKX is launching Cryptopedia, a new Web3 learn-to-earn platform to challenge opponents like Binance. Cryptopedia offers services for users to easily identify and access promising Web3 projects and dApps, and enables additional airdrops and rewards.
The Layer-2 scaling solution named zkSync is based on the zero-knowledge concept. It is also designed to enhance tps and reduce the high fees on the Ethereum network. The new partnerships with Radiant and Marinade will allow users to access Radiant’s lending service directly via the OKX Wallet. It will also enable users to borrow a variety of digital assets across multiple chains.
This might increase usage of OKB. Meanwhile, the non-custodial liquid staking derivatives protocol Marinade, based on the Solana network, facilitates users’ access to liquidity staking services out of the OKX Wallet.
All these developments seem to have had no real impact on the native token OKB so far, but it might be too early for the markets to have these events priced in as the token’s value dropped by over 2% in the last week. Even the Ripple lawsuit news wasn’t enough to pump OKB.
Tradecurve Challenging the Big Players
Tradecurve’s (TCRV) hybrid exchange has the potential to disrupt an entire market and overtake Binance and OKB. The platform has registered thousands of new users and already raised almost $3 million since the start of the presale. Tradecurve aims to raise $20M by the end of presale. It also aims to gain a user base of at least 100,000 clients within the first three months.
With all the turmoil in the markets, many traders seek new and safer ways to participate, and Tradecurve’s focus on transparency, low trading fees, and no KYC checks, is attracting more and more buyers. Tradecurve’s hybrid exchange offers deep liquidity, privacy, and low latency to address the most important issues of existing exchanges.
Incredible news!
The TradeCurve App presale just got even better!
Now, you can get a massive 30% Bonus on your $TCRV token purchase!
Act fast and take advantage of this amazing opportunity!
Join The Presale: https://t.co/uXZ4W6G6RE#presale https://t.co/x3E5eH5qGr pic.twitter.com/DB5Q7uj7Ud
— Tradecurve (@Tradecurveapp) July 22, 2023
Using Proof of Reserves, Tradecurve is set to prevent any FTX-style collapse. By its decentralized nature, Tradecurve eliminates any third-party mediators and removes borders with no KYC checks.
Tradecurve uses cryptocurrency as collateral and features negative balance protection for leverage trading. They also offer powerful tools such as algorithmic trading and AI implementation.
Currently in presale stage 5, the native token TCRV is available for $0.025. It’s marking an 150% surge from its starting price already. Experts forecast a 100x gain when it is listed on a Tier-1 CEX and a 50x for the presale period alone.
For more information about the Tradecurve (TCRV) presale:
Website: https://tradecurve.io/
Buy presale: https://app.tradecurve.io/sign-up
Twitter: https://twitter.com/Tradecurveapp
Telegram: https://t.me/tradecurve_official
The post BNB (BNB) vs OKB (OKB), will Hybrid Exchange Tradecurve take over? appeared first on CryptoMode.
1
0
Securely connect the portfolio you’re using to start.