Binance.US Scraps Fees For BTC Trading, More Assets To Come – June 22

πŸ“ˆ 30 Second Cryptocurrency Price Summary

Current Bitcoin Price:Β $20,657

Bitcoin price has drifted back into the $20,000s overnight, as price continues to stabilize following its recent crash.

Top-20 altcoins are mostly down over the last 24 hours, as Ethereum falls 6%, BNB drops 3% and Uniswap stands out with a 5% gain.

Top Stories for June 22, 2022 πŸ”₯

πŸ‘‰ Binance.US Scraps Fees For BTC Trading, More Assets To Come

Binance’s American affiliate, Binance.US, has scrapped trading fees for Bitcoin on its platform, as it attempts to increase its trading volumes and user base.

Both the local and global Binance exchanges have historically been recognized for their low fees, which already beat those of most of their competitors. Binance.US plans to add even more assets to its “free trading” category over time.

Binance.US recently raised around $200 million in seed funding, valuing the company at $4.5 billion.

πŸ‘‰ Shopify Enables NFT Verification Service For Merchants

E-commerce giant Shopify is now enabling users to connect their crypto wallets to stores on the platform, in order to validate their ownership of specific NFTs.

The feature would allow merchants to provide NFT owners access to things such as pre-sales, real-life experiences and exclusive content – something that Shopify has dubbed “tokengated commerce”.

πŸ‘‰ Tether Launches Stablecoin Pegged To British Pound (GBPT)

Stablecoin company Tether has launched yet another stablecoin, this time a British pound sterling-pegged token called GBPT. The token will launch in early July on the Ethereum blockchain.

Tether already offers four other stablecoins pegged to different fiat currencies, including the dollar-pegged USDT, yuan-pegged CHNT, euro-pegged EURT and mexican peso-pegged MXNT.