Cardano, Steem, Algorand unable to sustain rally.

Over the past 24-hours, certain altcoins noted steady inclines, but a break away from the overall bearish trend seems unlikely. Cardano, Steem, and Algorand, collectively improved their valuation but The post Cardano, Steem, Algorand unable to sustain rally appeared first on AMBCrypto. origin »

Are the fates of Ripple, IMF, and central banks intertwined?.

CBDCs just got real. The idea of a central bank digital currency, a couple of months ago, felt like a distant dream. But, now it’s more than real as countries are now rushing to create a digitized vThe post Are the fates of Ripple, IMF, and central banks intertwined? appeared first on AMBCrypto. origin »

Ethereum-Bitcoin RV spread falls to 6-month low.

Over the past five months, Ethereum has noted strong performance metrics. In fact, in the first two months of the year, most of the market's cryptocurrencies were caught in the throes of a parabolic rThe post Ethereum-Bitcoin RV spread falls to 6-month low appeared first on AMBCrypto. origin »

Here's how the market reacts to huge Bitcoin transfers.

A few days ago, the price of the world's largest cryptocurrency, Bitcoin, fell below the crucial $9,500-mark after a wallet, possibly Satoshi-owned and dormant since 2009, transferred 40 BTC to an unkThe post Here's how the market reacts to huge Bitcoin transfers appeared first on AMBCrypto. origin »

Bitcoin market expects increasing volatility.

The Bitcoin community was hyped up and waiting anxiously for the Bitcoin halving in May, with many traders expecting to reap some profit following a surge in BTC's price. They were mistaken as while tThe post Bitcoin market expects increasing volatility appeared first on AMBCrypto. origin »

Bitcoin Miners' revenue tumbles after post-halving hike.

Bitcoin's price is yet to reach the heights many had hoped it will surge to post the much-anticipated halving. Instead, the coin has been noting great sell-offs, with the market incredibly panic-stricThe post Bitcoin Miners' revenue tumbles after post-halving hike appeared first on AMBCrypto. origin »

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Cryptocurrency News Roundup for May 25, 2020.

Following a slightly disappointing start to the week, the BTC-USD pair bounced back from the $8,600s and is now gradually approaching $9,000 yet again. Whether or not the bulls manage to build on this momentum to push the price beyond the resistance around $9,100 remains to be seen. origin »

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Number of Countries Seeking IMF Bailout Nears 100.

Almost half of the nations on the planet are turning to the International Monetary Fund for help as the COVID-19 pandemic continues to ravage world economies. The international financial institution has collected trillions of dollars from donors, but there are growing fears that borrowers will not be able to repay their debts. origin »

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Bitcoin’s Break Below a Key Level has Opened the Gates for a Move to $5,900.

Following an extended bout of sideways trading within the $9,000 region, Bitcoin has now firmly broke below this range as it trades around $8,800 Although the crypto has ardently defended its near-term support, its technical outlook does appear to be rapidly degrading Some analysts are even noting that its latest breakdown has opened the gates for it to see a movement that leads it as low as $5,900 in the weeks and months ahead Bitcoin […] origin »

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Eight Countries That Don’t Tax Your Bitcoin Gains.

As world governments push through legislation to levy taxes on capital gains from bitcoin (BTC) transactions, seeking to earn more from an asset class that frowns on regulatory oversight, there are still a few countries that remain pro-crypto, allowing investors to buy, sell or hold digital assets at zero taxes. origin »

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Ethereum’s Macro Bear Structure Strengthens as Analysts Eye a Massive Decline.

Ethereum has been able to maintain above $200 despite the recent turbulence seen within the aggregated crypto market This outperformance of Bitcoin has allowed it to gain some strength on its embattled BTC trading pair ETH is still in a precarious position, however, as analysts are noting that its macro bear structure still remains strong Analysts are also widely flipping short on ETH, with some anticipating massive downside Ethereum’s price action has been largely lackluster […] origin »

Our Ecommerce Database Has Not Been Hacked.

On Sunday an unknown hacker claimed that he was in possession of leaked databases from Ledger, Trezor and Keepkey’s ecommerce platforms.   After a thorough investigation from our data and security team and based on the information at hand, we can confirm this leak doesn’t match our database. origin »

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ICX Has Doubled in Value and WRX Could Follow Its Lead.

The ICON (ICX) price has been rapidly increasing since May 15 but has reached an important resistance level and it is unclear if it will break out from it. WazirX (WRX) has been showing similar movement to ICX prior to the breakout but has yet to break out from its descending resistance line. origin »

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U.S. State of Louisiana Wants to License Cryptocurrency Businesses.

Officials in Louisiana’s lower chamber have approved a proposal to regulate cryptocurrency businesses in the Southern U. S. state, if a recent development is considered.   Louisiana’s Crypto Push As reported by The Block on May 24, public records in the Louisiana state legislature show the proposal was passed and approved last week. origin »

Nearly 10% of Bitcoin’s Current Supply is Dormant; Why This Matters.

Data shows that nearly 10% of Bitcoin’s total circulating supply is dormant, meaning that it has not been touched for over 10 years This data boosts the narrative regarding Bitcoin’s scarcity, as its actual supply may be far lower than previously thought The heightened scarcity this provides Bitcoin also bolsters the cryptocurrency’s macro outlook, as economic models that rely on the crypto’s scarcity suggest that it will soon see some significant upside Bitcoin’s fixed scarcity […] origin »

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2009 Bitcoin Miner/s Sign 145 Bitcoin Addresses.

A very early bitcoin adopter has proven the possession of some 7,250 bitcoin mined in late 2009 and early 2010, worth nearly $64 million, by signing a message that says:... The post 2009 Bitcoin Miner/s Sign 145 Bitcoin Addresses appeared first on Trustnodes. origin »

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Sberbank Buys 5,000 Blockchain ATMs as Russia Ponders Criminalizing Crypto Use.

Sberbank, Russia’s largest bank, is buying more contactless ATMs that are powered by blockchain, according to local news agency Izvestia. Interestingly, the move comes amid a proposed bill to penalize individuals and companies that use crypto and Bitcoin in financial transactions. origin »