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Macro Strength: Bitcoin’s Price Moves Higher Despite Plethora of Bad News.

Bitcoin faced some intense selling pressure yesterday evening after news broke regarding the founder of OKEx being arrested by the Chinese authorities This is simply another set of news that has rocked the crypto market, but its impacts on Bitcoin’s price action has been surprisingly muted It does not appear that investors aren’t too concerned that the prospect of OKEx users losing their BTC will strike a blow to the crypto’s technical outlook Some analysts […] origin »

Chainlink, EOS, VeChain Price Analysis: 16 October.

During press time, the entire market seemed to be on a downward trajectory. The global crypto market cap followed the trail recording almost a percent in daily decline. VeChain and EOS were poised The post Chainlink, EOS, VeChain Price Analysis: 16 October appeared first on AMBCrypto. origin »

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USD Coin (USDC) to expand to several new blockchains.

USD Coin (USDC) is coming to Stellar, according to a recent announcement published by the Stellar Development Foundation. The Foundations’ CEO, Denelle Dixon, noted that the addition should happen by early 2021, and that it will allow Stellar users an opportunity to connect to a global financial infrastructure. origin »

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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. origin »

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Uniswap Makes the Big-Time With Mainstream Media Attention.

DeFi exchange and automated market maker Uniswap has finally gained the attention of the mainstream media as Bloomberg labels it the “most sought-after crypto exchange. ” The 2020 DeFi bubble and the protocols that have made it possible are getting wider attention through the mainstream media as it expands its scope beyond just bitcoin. origin »

Bitcoin Cash short term Price Analysis: 17 October.

Disclaimer: The findings of the following article attempt to analyze the emerging patterns in the Bitcoin Cash short-term market and its impact on the price. The value of Bitcoin Cash has been on aThe post Bitcoin Cash short term Price Analysis: 17 October appeared first on AMBCrypto. origin »

Why Bitcoin may beat an upcoming financial crisis?.

As institutions line up to buy Bitcoin, its origin story comes into focus. Most argue that Bitcoin was created in response to the Lehman Brothers bankruptcy and the Global Financial Crisis that followThe post Why Bitcoin may beat an upcoming financial crisis? appeared first on AMBCrypto. origin »

Why Ethereum's growth of ERC-20 tokens matters.

As an altcoin, Ethereum has been the leader in terms of its growth observed this year. The evolution of ERC-20 tokens along with the decentralized platform established on Ethereum were vital contributThe post Why Ethereum's growth of ERC-20 tokens matters appeared first on AMBCrypto. origin »

Monero (XMR) hard fork goes live.

To improve its base protocol, developers of Monero (XMR), a privacy-focused cryptocurrency, announced a network 'Oxygen Orion' upgrade, which will implement a new software- the linkable ring signatureThe post Monero (XMR) hard fork goes live appeared first on AMBCrypto. origin »

Is Filecoin an exit scam, asks Tron's Justin Sun.

After the launch of Filecoin mainnet, CEO of Tron foundation and BitTorrent Justin Sun accused the Filecoin developers of employing an exit scam strategy by selling 1.5 million of their FIL tokens at The post Is Filecoin an exit scam, asks Tron's Justin Sun appeared first on AMBCrypto. origin »

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Analytics Firm: 200,000 Bitcoin is Currently Locked Within OKEx’s Wallets.

News regarding the OKEx founder being arrested by the Chinese government has created some fear amongst crypto investors He holds the keys to the cryptocurrency that is locked within the platform, making it impossible for the exchange to conduct any withdraws while he is in police custody Although the bull case is that this could reduce the supply of BTC circulating on the market, it would also strike a heavy blow to investors who used […] origin »

Third lawsuit filed against BitMex.

Plaintiff Dmitry Dolgov, a resident of Moscow, Russia has filed another lawsuit against crypto exchange BitMEX for violating regulations and manipulating markets with legal claims amounting to $50 milThe post Third lawsuit filed against BitMex appeared first on AMBCrypto. origin »

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$700: Analysts Expect Ethereum to See a Massive Surge as ETH 2.0 Rollout Nears.

Ethereum has been closely tracking Bitcoin over the past few days and weeks This has caused the cryptocurrency to see some turbulence as of late, with news regarding the OKEx founder being arrested sending BTC and ETH reeling lower This decline was short-lived, and bulls were able to rapidly step up and begin absorbing this selling pressure Analysts are now noting that upside could be imminent for the market, and ETH could see some serious […] origin »

"DeFi can solve this" or is it too soon to tell?.

Bitcoin took a 3% hit as OKEx announced the temporary suspension of crypto withdrawals on 16 October. Reports state that the exchange is being investigated by the Chinese police, however, the nature oThe post "DeFi can solve this" or is it too soon to tell? appeared first on AMBCrypto. origin »

Bitcoin, Monero, Dogecoin Price Analysis: 17 October.

The Crypto Fear and Greed Index stood at 56 as Bitcoin held onto the $11,300 price level. The narrative of "Bitcoin is a hedge against inflation" was just one of many reasons that giants in the financThe post Bitcoin, Monero, Dogecoin Price Analysis: 17 October appeared first on AMBCrypto. origin »

BTCD Struggles With Resistance, Trend Remains Unclear.

The Bitcoin Dominance Rate (BTCD) is struggling to move above an important horizontal level, the reaction to which is crucial in determining the future trend. Breakout From Resistance The Bitcoin dominance rate has been declining alongside a descending resistance since reaching a high of 64. origin »

What Are the Main DeFi Use Cases?.

Key Takeaways: – Decentralized finance (DeFi) has witnessed staggering growth in 2020.– There is now more than $11 billion locked in Ethereum DeFi platforms and more than 100,000 users. – Open lending platforms, decentralized exchanges, and digital asset staking are among the most common use-cases, but new tools and platforms are emerging regularly.– Though many DeFi […] origin »

Making a case for Bitcoin's survival in the greater market.

Bitcoin has stayed above $10,000 for a record period of time; its price sustained above the 20MA and it has seen increased volume and institutional adoption. This was all amidst the FUD experienced byThe post Making a case for Bitcoin's survival in the greater market appeared first on AMBCrypto. origin »

Institutions backing Bitcoin: what to expect.

Although the market was shaken as the regulatory hammer struck BitMEX at the start of October, it has since recovered. Bitcoin, the largest asset did notice sudden pressure given the panic in the markThe post Institutions backing Bitcoin: what to expect appeared first on AMBCrypto. origin »

Ethereum, Algorand, BitTorrent Price Analysis: 17 October.

The entire digital assets market lately has been a sort of rollercoaster ride over the last week. The largest altcoin Ethereum noting successive drops over the last few days could finally be in for a The post Ethereum, Algorand, BitTorrent Price Analysis: 17 October appeared first on AMBCrypto. origin »

Cardano, Tezos, VeChain Price Analysis: 17 October.

Cardano was bullish on the charts and appeared to be posting gains after a pullback. Tezos lacked interest from the buyers to break out of the price range it was stuck within. VeChain dropped beneath The post Cardano, Tezos, VeChain Price Analysis: 17 October appeared first on AMBCrypto. origin »

Coinbase Custody's new token support faces criticism.

Earlier today, Coinbase Custody announced that they are looking into adding support for new digital assets. The move to support more coins comes as part of a broader plan to launch new features and deThe post Coinbase Custody's new token support faces criticism appeared first on AMBCrypto. origin »

Coinbase Turned Over Info on 1,914 Users; 96.6% Were Criminal-based Law Enforcement Requests.

As part of its commitment to be a trusted venue, Coinbase has released its first Transparency Report. Much like other financial service providers and technology companies, Coinbase says it received requests from the law enforcement and government agencies seeking information and financial records in connection with civil, criminal, and other investigative matters in the form […] The post Coinbase Turned Over Info on 1,914 Users; 96. origin »

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