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A top official of Norway’s central bank stated that while the country is investigating a possible central bank digital currency (CBDC), there was no “acute need” for a digital krone. Cash Usage Decline Prompts CBDC research Speaking at Norway’s Payment Conference, Ida Wolden Bache, the deputy governor of the Norges Bank stated that the centralRead MoreRead More. origin »
Central banks have been responding to the rise of Bitcoin with the introduction of central bank digital currencies, or CBDCs. Thus far, movement on this front has been somewhat slow. Save for China, most central banks are still in the ideation phase, or are looking more into how a CBDC would affect their economy and […] origin »
Data analytics provider CryptoCompare has published its latest exchange review; a monthly report intended to capture the cryptocurrency exchange market’s critical developments. The report does this by examining monthly trends in exchange volume and assessing exchanges based on spot 24-hour volume, derivatives volumes, and pricing data. origin »
ETH Futures trade volume was up by 38% in 2 days, at the time of writing, according to Skew's charts. Not just the trade volume, but even the Open Interest was up by 8% based on Skew's charts. On spotThe post These factors are primed to spur Ethereum's long-term rally appeared first on AMBCrypto. origin »
Bitcoin continues to be buoyed by positive price action, hitting a high of $15,800 on Friday. Altcoins started off the week on a downward trend but eventually managed a strong turnaround. And indices in the US saw some upward trajectories as markets digested the US election outcome after the uncertainty following polling day. origin »
In its research on central bank digital currencies or CBDCs, United States Federal Reserve published a new review on 9 November exploring the potential impact of a digital dollar on commercial bankingThe post US Fed economists exploring 'intrinsic' value drivers of CBDC appeared first on AMBCrypto. origin »
We feel very proud to be able to announce the imminent launch of NavCoin's brand new privacy method blsCT, which is a ground-breaking and interactive mixing protocol that enhances the anonymity of a tThe post NavCoin presents xNAV, its new privacy token based on the Boneh-Lynn-Shacham Confidential Transactions (blsCT) protocol appeared first on AMBCrypto. origin »
Frederik Gregaard, CEO of the Cardano Foundation, recently shared his views with the community during a Q&A session on The Cardano Effect. According to the Cardano Foundation exec, the most impThe post 'Complete privacy coin' not ideal if banks looking to hold Cardano [ADA] appeared first on AMBCrypto. origin »
Blockchain payments firm Ripple has opened regional headquarters in Dubai, underscoring the San Francisco-based decacorn’s intent to move away from the US due to the hostile regulatory environment. Ripple Moves To Strengthen Presence In MENA With A New Regional Base In Dubai According to a report on Saturday (November 7) by the United Arab Emirates […] origin »
Bitcoin has been seeing some slight turbulence over the past few hours on news of Pfizer developing a highly effective vaccine Initially, this news sent BTC’s price inching lower, but it has since shown signs of strength as buyers absorb sell orders It remains unclear as to whether or not this news, and the ongoing stock market rally, will bode well for the cryptocurrency in the days and weeks ahead If BTC continues trading like […] origin »
Economist Nouriel Roubini, also known as “Dr. Doom,” has admitted that bitcoin may be a store of value. Roubini sees a “big revolution” coming in the next three years due to central banks launching their own digital currencies. origin »
Ethereum has been consolidating alongside Bitcoin for the past few days, with bulls and bears currently locked in a heated battle as its price trades around $450 Where the market trends next will depend largely on whether or not Bitcoin can stabilize or move higher Global stock market volatility as a result of the vaccine news may also play a role in BTC’s price action in the week ahead Because ETH is a higher beta […] origin »
GRIN, a mimblewimble protocol-based privacy coin, had become the latest victim of a 51% attack when a group of unknown miners got control of more than 50% of the network's hashing power. On November 7th, the network came under attack by an unknown mining group, which was able to gain control of 57. origin »
Bitcoin continues to be buoyed by positive price action, hitting a high of $15,800 on Friday. Altcoins started off the week on a downward trend but eventually managed a strong turnaround. And indices in the US saw some upward trajectories as markets digested the US election outcome after the uncertainty following polling day. Simon Peters, […] origin »
Bitcoin’s rally to $15.9K stole the limelight from DeFi tokens and decentralized exchanges but the tables could turn rapidly.
origin »“If the gold bet works, the Bitcoin bet will probably work better.”
origin »A PayPal related cryptocurrency scam caught the attention of Northumbria Police who issued a warning today especially to all PayPal users. In its notice, the police warned: A message for all PayPal uThe post UK police warn PayPal users about crypto phishing email scam appeared first on AMBCrypto. origin »
The Winklevoss twins are billionaires again. All thanks to the Bitcoin price rise over the last few days. Cameron and Tyler Winklevoss were among the early Bitcoin investors, having bought about $11 million worth of Bitcoin back in 2013. origin »
Cardano (ADA) price is trading moderately in the red this week as the price action consolidates following gains of almost 8. 5% made in the last week. Fundamental analysis: Cardano decentralization ongoing Tim Harrison, the Marketing and Communications Director at IOHK has published a roadmap that includes critical steps on the road to Cardano‘s decentralization. origin »
HitBTC has been accused of failing to stop illicit XRP transfers origin »
Decentralized finance (DeFi) coins have undergone an extremely strong recovery from last week’s lows. As of last night, at the highs of the recovery rally, there were a large number of top coins in the space that was up 100% from their lows. origin »
Tokyo-based Layer X Labs, the Research and Development wing of Layer X company Limited, is developing a blockchain-based electronic voting system, a crucial cog of Tsukuba City’s “smart city” initiative, as per a press release on Nov 9. origin »
Chancellor Rishi Sunak said on Monday that to maintain certainty and stability for firms in the UK following its departure from the European Union, they will be “leading the global conversation on new technologies like stablecoins and Central Bank Digital Currencies. origin »
Bitcoin has undergone a strong surge since the lows seen when OKEx announced it had frozen withdrawals. In the past 30 days alone, BTC has gained more than 40%, shocking most investors. Key on-chain trends show that Bitcoin investors are starting to become “greedy. origin »
Crypto Fear and Greed Index stood at 90, the same value as the previous day. Bitcoin Cash and Stellar Lumens saw heightened volatility in the past few days but were able to register good gains in the The post Bitcoin Cash, Stellar Lumens, Dogecoin Price Analysis: 10 November appeared first on AMBCrypto. origin »
Trade volume on spot exchanges fell by 25%, while ETH Futures trade volume spiked. This implied that traders feared a correction. On the charts, Ethereum formed a symmetrical triangle that could see aThe post Ethereum, Tezos, Dash Price Analysis: 10 November appeared first on AMBCrypto. origin »
Smart institutional money prefers bitcoin to gold. Bullish on Bitcoin In a research note published on Friday, JPMorgan analysts noted that an increasing number of institutional investors, including family offices, are considering looking at bitcoin as a legitimate alternative to gold. origin »
Block.one cofounder and CEO Brendan Blumer is certain that, in the future, ProFi will dominate on the market and that compliance is crucial for crypto companies origin »
Bitcoin shares a strong correlation with most cryptocurrency assets. However, this correlation has not yet helped the third-largest digital currency XRP. The digital asset despite much volatility in tThe post Ripple buys $46 million worth of XRP appeared first on AMBCrypto. origin »
Riot Blockchain, Inc. , one of the few Nasdaq listed public cryptocurrency mining companies in the United States, reported financial results for the three and nine-month periods... origin »
Aave’s token has been caught within a slow and steady uptrend throughout the past few days and weeks. It has been one of the beneficiaries of the recent rebound in the DeFi market, as it was previously caught within a firm downtrend. origin »
Balancer Labs announced that both Pantera Capital and Alameda Research have recently invested in Balancer through direct purchase of BAL […] The post Pantera Capital and Alameda Research Invest in Balancer appeared first on DeFi Rate. origin »
The “Digital Asset and Blockchain Technology Act” from the State of New Jersey is now before the Senate under Bill 3132 sponsored by Senator Nellie Pou. Similarities with New York’s Bitlicense If passed, the act shall introduce a raft of changes similar to the stringent Bitlicense stipulations of New York. origin »
The Texas Blockchain Council has launched with the goal of making Texas the most favored jurisdiction in the United States for blockchain business and investment.... origin »
Red Cat Holdings, Inc. , a leading brand in the drone industry, today announced completion of the acquisition of Fat Shark Holdings, Ltd. , the... origin »
ZK International Group Co., Ltd. , today announced that its subsidiary, xSigma Corporation, have signed a letter of intent (“LOI”) with Dentoro Alliance LP .... origin »
Binance, one of the world’s leading cryptocurrency exchanges has combined the hottest thing in the blockchain sector – Decentralized Finance (DeFi) with centralized finance, through... origin »
Alpine Electronics of America, Inc., an Alps Alpine Group Company, was named FCA Supplier of the Year in the category of Innovation during the virtual... origin »
Hub Security, the Tel Aviv based cybersecurity firm announced today its partnership with Kudelski Security, the cybersecurity division of the Kudelski Group . Through the collaboration, Hub Security... origin »
The privacy-centric cryptocurrency network Grin (GRIN) has been the victim of a 51% attack according to a number of reports. Allegedly an unknown entity gained control of over 57% of the network hashrate on Saturday. origin »
While the economy has been on thin ice, no asset has benefitted more from the post-pandemic “new normal” than Bitcoin. Fear of the uncertainty has caused demand to rise in the insurance policy against the unknown. origin »
Chainlink’s price action as of late has been quite positive, with bulls shattering the resistance that previously sat around $12. 00 and gaining momentum as the aggregated DeFi sector rebounds. origin »
Covering the steepening of cumulative flow trajectory in Grayscale Bitcoin Trust in recent weeks, JPMorgan yet again shared a bullish view on Bitcoin. According to the largest investment bank, Bitcoin's corporate endorsements, such as PayPal, have “propagated further demand” for the digital asset. origin »
The cryptocurrency exchange, Zebpay based in Singapore has announced the launch of India's first non-fungible crypto token and marketplace. Zebpay remained the oldest Bitcoin and crypto asset exchaThe post Zebpay to launch India's first NFT appeared first on AMBCrypto. origin »
With Joe Biden being declared the next President of the United States, Ripple CEO Brad Garlinghouse is making sure his company’s messaging aligns with the new administration. origin »
“Monero aligns with the ideals America was founded upon. It is America 2.0 — a protocol to preserve liberty in the digital age,” said Tuman. origin »
Disclaimer: The findings of the following article are the sole opinion of the writer and should not be taken as investment advice In a previous article, Ethereum's make or break moment was explainThe post Ethereum long-term Price Analysis: 09 November appeared first on AMBCrypto. origin »
Perennial powerhouse FC Bayern Munich has announced a partnership with the fantasy football platform Sorare that enables users to play a fantasy soccer game and buy and sell provably scarce digital player cards. origin »
Not too long ago, the author of the controversial bitcoin stock-to-flow (S2FX) price model said that the model was “perfectly on track.” On Sunday, November 8, the S2FX creator known as “Plan B” reiterated his belief in the model and told his Twitter followers that he has “no doubt whatsoever” that the S2FX trend is […] The post $100K Bitcoin: S2F Author Confident With His Model, Suggests Six-Figure BTC Price by 2021 appeared first on Bitcoin News. origin »
Ethereum has faced a drop since the $465 highs it reached last week when Bitcoin broke toward $16,000. ETH trades for $445 as of this article’s writing. Still, analysts remain confident in the cryptocurrency despite the recent price weakness. origin »
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