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South Korean Gaming Conglomerate to Purchase Bithumb for $460M
South Korean agency Maekyung broke the news, stating that Nexon and Bithumb have officially signed a memorandum of understanding (MOU) to kickstart the process The deal will result in Nexon acquiring a ~65% stake in the Bithumb exchange. дальше »
2021-1-7 17:58 | |
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FCA Ban on Retail Crypto Derivatives Trading Will Be in Full Effect Today
The Financial Conduct Authority (FCA) ban on crypto products will officially be in full effect today. The authorities had earlier announced the ban around October last year, stating that crypto-based products were not suited for retail customers because they lack a reliable valuation, are prone to price volatility, are known to be prevalent for crime, asRead More дальше »
2021-1-7 22:00 | |
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Ledger CEO Gauthier Goes on the Defensive After Major Data Breach
Gauthier began the podcast apologetically, stating that the firm is doing everything it can to correct the situation. He believes that the data breach doesn’t affect the Ledger hardware in any capacity but instead users’ personal information. дальше »
2020-12-23 22:28 | |
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Coinbase Files Paperwork With SEC to Launch Public Offering
U.S. cryptocurrency exchange Coinbase had confidentially filed a draft registration for a public offering to the Securities and Exchange Commission (SEC). Coinbase Sent Draft Registration to the US SEC On December 17, 2020, the exchange made the announcement on its blog, stating that the firm submitted a draft registration statement on Form S-1 with the […] The post Coinbase Files Paperwork With SEC to Launch Public Offering appeared first on Bitcoin News. дальше »
2020-12-18 04:30 | |
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Coinbase ready to go public? Exchange files preliminary docs with US SEC
During this summer, reports surfaced stating that Coinbase had initiated plans for a stock market listing. Meaning, Coinbase could possibly be going public with its own IPO. However, for this to occurThe post Coinbase ready to go public? Exchange files preliminary docs with US SEC appeared first on AMBCrypto. дальше »
2020-12-18 22:46 | |
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Alliance Bernstein Tells Clients Bitcoin Has a Role in Asset Allocation
Alliance Bernstein has told its clients that bitcoin has a role in investment portfolios. The head of the Portfolio Strategy team of the firm’s research arm said he has changed his mind about bitcoin after previously stating that it did not have a place in investment portfolios. дальше »
2020-12-3 01:30 | |
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NY Investment Firm, AllianceBernstein Says Investor Portfolios Should Hold 1% to 10% BTC
One of the top New York investment firms, AllianceBernstein, is finally switching its calls on Bitcoin, stating investors need to own about 1% to 10% of the crypto in their portfolios. The multi-billion investment firm had previously cautioned investors from the top crypto due to BTC's volatility and regulatory risks. дальше »
2020-12-2 22:46 | |
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Here's why Ethereum's value proposition may not be about scarcity
Ethereum's Vitalik Buterin recently commented on the maximum supply of ETH, stating that the current issuance schedule is approximately 4.7 million per year for the next 1-2 years, or however long it The post Here's why Ethereum's value proposition may not be about scarcity appeared first on AMBCrypto. дальше »
2020-11-21 20:30 | |
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Ray Dalio Admits He May Be Wrong About Bitcoin But Still Concerned of Government Ban
Billionaire hedge fund manager Ray Dalio has admitted that he may be wrong about bitcoin after stating that governments will ban the cryptocurrency if it “becomes material. ” Dalio founded Bridgewater Associates; his hedge fund is the largest in the world. дальше »
2020-11-19 05:30 | |
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Cryptopia exchange liquidator warns users against 'third party' scheme
Hacked crypto exchange Cryptopia’s assigned liquidator, Grant Thornton New Zealand shared a follow-up update for Cryptopia account holders stating that "due to an error" by court staff at the ChristThe post Cryptopia exchange liquidator warns users against 'third party' scheme appeared first on AMBCrypto. дальше »
2020-11-14 22:44 | |
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Bitcoin Enters “Chop Mode” as Analysts Eye Potential Consolidation Phase
Bitcoin has yet to break above any key resistance levels over the past couple of weeks, with the resistance at $16,000 holding strong The selling pressure here has proven to be significant and has stopped the cryptocurrency’s immense uptrend right in its tracks Where the entire market trends next will likely depend on how Bitcoin trades as it nears this crucial level One prominent trader is stating that he expects Bitcoin to see further chop […] дальше »
2020-11-12 02:00 | |
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DragonEx to introduce ‘temporary’ solution to allow withdrawals
Singapore-based cryptocurrency exchange DragonEx published an update stating that it will introduce a temporary plan to allow withdrawal of crypto on its platform: Due to the uncertainty of the fiThe post DragonEx to introduce ‘temporary’ solution to allow withdrawals appeared first on AMBCrypto. дальше »
2020-11-9 17:30 | |
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OKEx hires 'external legal counsel' to resolve suspension of withdrawals
Cryptocurrency exchange OKEx shared an update today stating that it has now hired an "external legal counsel" to help resume withdrawals it halted on 16 October, which had left many traders frustratedThe post OKEx hires 'external legal counsel' to resolve suspension of withdrawals appeared first on AMBCrypto. дальше »
2020-11-6 17:40 | |
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PayPal to Develop Robust Digital Wallet in 2021, Witnesses Surge in Crypto Demand
Following its recent adoption of cryptocurrency, PayPal recently gave details of its crypto and digital wallet plans for 2021, while also stating that central bank digital currencies (CBDCs) may take time, but they are here to stay. дальше »
2020-11-5 15:30 | |
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McDermott Obtains Landmark “No-Action” Relief for Two Ocean Trust Concerning Digital Asset Custody
International law firm McDermott Will & Emery assisted Two Ocean Trust in obtaining landmark “no-action” relief from the Wyoming Division of Banking, stating that Two... дальше »
2020-10-27 06:47 | |
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Harvest Finance Hacked for $24 Million, Puts Bounty on Alleged Attacker
According to reports on Oct 26. 2020, nearly $24 million in value has been siphoned from the liquidity pools of Harvest Finance, a major decentralized finance (DeFi) protocol. Harvest Finance subsequently confirmed the hack, stating that the protocol is “working actively on the issue of mitigating the economic attack on the Stablecoin and BTC pools. дальше »
2020-10-26 15:17 | |
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Three DeFi Coins That Could Be Nearing a Bottom
3 DeFi coins, Yearn. Finance (YFI), SushiSwap (SUSHI), and Uniswap (UNI) might be nearing a bottom, but UNI and SUSHI have shown some bullish reversal signs while YFI is lagging. Cryptocurrency trader @thetradinghubb outlined several charts of DeFi coins, notably YFI, SUSHI, and UNI, stating that they are close to a short-term bullish reversal. дальше »
2020-10-17 23:00 | |
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Ripple Co-Founder Chris Larsen Moves $115 Million Worth of XRP to Custody Firm NYDIG
Co-Founder of Ripple, Chris Larsen has recently transferred $115 million worth of XRP to an unknown account. This raised some surmise in the crypto community as Ripple is known to move such huge amounts every once in a while which many consider being a manipulative strategy on XRP’s price. дальше »
2020-9-25 20:25 | |
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Ex-Ripple CEO moved 499,999,979 XRP here!
Ex- Ripple CEO and angel investor Chris Larsen acknowledged moving 499,999,979 XRP today, after Whale Alert tracking account published a tweet stating that Larsen had moved XRP worth $115,847,491 at pThe post Ex-Ripple CEO moved 499,999,979 XRP here! appeared first on AMBCrypto. дальше »
2020-9-23 00:30 | |
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Ethereum is “Fighting for Its Life” as Bulls Struggle to Defend Critical Support Level
Ethereum is currently in the process of rebounding from its daily lows that were set just a handful of hours ago The cryptocurrency has been facing heightened selling pressure as of late, struggling to build momentum as it remains below $370 One analyst is now stating that the cryptocurrency is “fighting for its life” as it trades right around a crucial support level Bulls and bears have largely been at an impasse when it comes […] дальше »
2020-9-17 23:00 | |
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Binance Rolls Out $100M Fund to Bring DeFi Developers to its Smart Chain (BSC) Platform
Binance announced a $100 million development grant in a bid to entice DeFi developers to build on its newly-launched smart contract platform, Binance Smart Chain (BSC). CEO Changpeng ‘CZ’ Zhao made the announcement during the company’s World DeFi Summit this Thursday, stating the platform will provide ‘a bridge’ between the centralized and decentralized worlds of […] The post Binance Rolls Out 0M Fund to Bring DeFi Developers to its Smart Chain (BSC) Platform first appeared on BitcoinExchangeGuide. дальше »
2020-9-12 17:31 | |
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Weeks After Losing $25K In Bitcoin, Barstool Sports Founder Dave Portnoy Is Ready To Invest In Crypto Again
Day trader extraordinaire Dave Portnoy is ready to get back to cryptocurrency trading only weeks after incurring a $25,000 loss in bitcoin. The founder of Barstool Sports spoke highly of people in the cryptocurrency industry while stating that he would soon return to the crypto market. дальше »
2020-9-10 10:27 | |
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Ethereum Aims to Increase Towards $600
The Ethereum (ETH) price has broken out from a long-term resistance level and validated it as support. As long as it’s trading above here, the trend remains bullish. Breakout From Long-Term Range Cryptocurrency trader @CryptoMichNL outlined an Ethereum chart, stating that if the current level holds, ETH could rally all the way to $500. дальше »
2020-9-1 21:38 | |
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China: CBDC Trial Focused on Retail Transactions
China’s central bank has stated that the trial of its developing central bank digital currency (CBDC) is currently limited to retail transactions, as against claims stating that the digital yuan was used for large transactions. дальше »
2020-8-24 23:07 | |
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Dave Portnoy’s Crypto Stint Already Over with Buying at the Top & Selling at the Bottom
About ten days back, Barstool Sports president Dave Portnoy who became a day trader during the coronavirus pandemic, jumped in bitcoin — million dollars deep in it. Earlier this week, in his BlockFi sponsored session, he called himself the “Baron of bitcoin,” stating that he is up to $100,000 in his investment only to declare […] дальше »
2020-8-22 19:44 | |
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Ethereum 2.0 Is Harder to Implement Than Developers Thought, Says Buterin
Coinspeaker Ethereum 2. 0 Is Harder to Implement Than Developers Thought, Says ButerinButerin said that there are no technical flaws that would make Ethereum 2. 0 be abandoned, stating that the project shall be completed. дальше »
2020-8-18 20:51 | |
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Bitcoin is Going to Hit $13,500 This Quarter; Analyst Explains Why
Bitcoin may continue its current bull run to hit $13,500 this quarter, according to a technical setup presented by analyst Vince Prince. The TradingView contributor showed the cryptocurrency inside a rising bull flag – an ascending channel pattern, stating it has the strength to break above it. дальше »
2020-7-31 12:09 | |
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‘Huge Demand in India’ Spurs Zebpay to Launch OTC Bitcoin Trading Desk
Indian cryptocurrency exchange Zebpay is launching an OTC bitcoin trading desk. The exchange has shared the details with news. Bitcoin. com, stating that “There is huge demand” among bitcoin traders and arbitrageurs in India for OTC desk services. дальше »
2020-7-30 15:15 | |
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Bloomberg’s $20K Bitcoin Prediction May Come True Due to “TINA” Effect
Earlier in June, Bloomberg analysts made a bold Bitcoin price prediction, stating that the cryptocurrency could revisit its all-time high near $20,000. The forecast is now receiving further support from a worsening macroeconomic climate. дальше »
2020-7-30 14:00 | |
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Telecom Argentina S.A Hit by Major Ransomware Attack, Criminals Demand $7.5M Worth of Monero
Telecom Argentina S. A has been hit by a ransomware attack and the cyber-criminals are demanding $7. 5 million paid in the privacy coin monero. The Spanish language site, elperiodista. com quotes anonymous employees stating that the attack started last Wednesday. дальше »
2020-7-21 10:45 | |
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Ripple Likely Sold XRP in an Unregistered Securities Offering
The former CFTC chair’s analysis stating that Ripple’s XRP is not a security might be wrong.
дальше »2020-7-4 16:55 | |
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Three reasons why China will “lose its grip” on Bitcoin mining as political tensions mount
Weeks after the Bitcoin halving in mid-May, miners are seemingly moving out of China and into Europe — with one prominent mining pool stating geopolitical tensions between the United States and China are a major catalyst. дальше »
2020-7-2 22:23 | |
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PayPal and Venmo Reportedly Moving Into the Bitcoin and Crypto Market
PayPal, the global payments network and industry leaders, is planning to start selling large-cap cryptocurrencies to its 325 million consumer base, as per reports on June 23. Turning to BTC CoinDesk quotes unnamed, “well-placed” industry members as the sources on the matter, with the latter stating PayPal will commence the “buys and sells of crypto”Read MoreRead More. дальше »
2020-6-23 10:30 | |
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Chinese State Media Accuses Binance
CCTV has accused Binance of still operating within China despite previously stating they no longer provide services to users in the mainland. A reporter from CCTV Finance says he was... The post Chinese State Media Accuses Binance appeared first on Trustnodes. дальше »
2020-6-11 17:24 | |
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Brave Browser Redirecting Crypto Exchange URL to Affiliate Links
The crypto-centric Brave browser is catching some flack as reports are emerging of a redirect occurring when entering the web address of a popular digital asset exchange. Industry observer Cryptonator1337 (@cryptonator1337) posted the details stating; So when you are using the @brave browser and type in “binance[. дальше »
2020-6-7 10:12 | |
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Bitcoin is a more calculated asset than you think
Who appointed Goldman Sachs arbiter of the world's financial assets? Even with the investment bank decrying Bitcoin, unequivocally stating that the cryptocurrency is "not an asset class," the speculatThe post Bitcoin is a more calculated asset than you think appeared first on AMBCrypto. дальше »
2020-5-29 13:30 | |
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India’s Central Bank Denies Prohibiting Financial Institutions from Servicing Cryptocurrency Exchanges
Indian commercial banks refusing services to local cryptocurrency exchanges may soon have a case to answer following a recent clarification offered by its central bank. Tweeting on Sunday, Indian crypto insider Crypto Kanoon (@cryptokanoon) published a document released by the Reserve Bank of India (RBI) stating that no prohibitions against banks servicing crypto-businesses exist. дальше »
2020-5-27 07:15 | |
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No Guarantee of Bitcoin Price Growing after Halving, Warns ING Economist
Bitcoin’s quadrennial supply cut event does not guarantee to boost its price, warned Carlo Cocuzzo, a Digital Finance Economist at ING. The veteran said that traders wrongly compare bitcoin with fiat currencies, stating the cryptocurrency is not even a currency. дальше »
2020-5-14 15:00 | |
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“Owning Bitcoin is very very smart” Tyler Winklevoss Counters Erik Voorhees On Holding Gold
The classic argument between Gold supporters and Bitcoin adherents continues after CEO of ShapeShift, a crypto platform posted a tweet stating that owning Gold is very smart. The tweet caught a lot of people by wonderment as Voorhees is the CEO of a huge self-custody crypto platform, however, his post doesn’t necessarily mean that gold […] дальше »
2020-5-14 00:03 | |
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Bitcoin Rally to Last, BTC Will Be a Good Hedge — Says Galaxy Digital CEO
Galaxy Digital CEO Mike Novogratz is very bullish on BTC after stating that he expects this price rally to last. This follows earlier comments about 2020 being “Bitcoin’s year” — in a time when trust in traditional financial systems is being eroded and the global economy is suffering from the consequences of the COVID-19 pandemic. дальше »
2020-5-5 04:23 | |
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No Intrinsic Value? Peter Schiff Says Bitcoin Price Can Never Be Too Low
One of the most popular gold supporters and economists in the world, Peter Schiff, has once again attacked Bitcoin, this time stating that its price can never be too low, implying that it can easily go down to $0. дальше »
2020-5-4 00:20 | |
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