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Crypto Exchanges in Finland and Russia Receive the Most Illegal Funds.

Finnish exchanges remain the most popular destination for illegal cryptocurrency proceeds. The Scandinavian nation has dubiously claimed the title for the third year in a row. In its Spring 2020 crypto crime and AML report, the blockchain tracking firm CipherTrace revealed that exchanges in Finland and Russia account for most of the illicit funds. origin »

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Bitcoin Gets Rejected Once More by $10,500 Resistance.

On June 1, the Bitcoin (BTC) price broke out from a pattern that had been in place for nearly one month and proceeded to reach a high of $10,380. While this is a very bullish development, the price has yet to move above a crucial resistance area that will likely determine the direction of the […] The post Bitcoin Gets Rejected Once More by $10,500 Resistance appeared first on BeInCrypto. origin »

Bitcoin's 'digital gold' narrative will have to wait.

Since 2009, Bitcoin, the world's premier cryptocurrency, has wrestled with a host of narratives that have all challenged what it is and what it is not. For instance, Bitcoin was given birth to as a peThe post Bitcoin's 'digital gold' narrative will have to wait appeared first on AMBCrypto. origin »

Ethereum prepares for more upside breaches.

Ethereum surged significantly over the last 24-hours, a movement that catapulted the altcoin's price to $251.7, at the time of writing. While its recent gains weren't enough to recover the losses incuThe post Ethereum prepares for more upside breaches appeared first on AMBCrypto. origin »

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These Warning Signs Flashed Prior to Bitcoin’s Capitulatory Decline to $9,000.

Bitcoin’s explosive rally past $10,000 yesterday afternoon liquidated tens of millions in short positions The decline from this level seen this morning also led to mass liquidations amongst traders It is imperative to note that virtually all previous breaks above this level have been met with heavy selling pressure that results in capitulatory downtrends One factor that could spell trouble for Bitcoin is the fact that funding rocketed following the recent rally Bitcoin saw a […] origin »

Ethereum Index emerges top performer with 14.7% returns.

As May concluded, the cryptocurrency market took a sigh of relief as it was able to close on a positive note. The fifth month of the year saw volatility creep back into the market, contributing to draThe post Ethereum Index emerges top performer with 14.7% returns appeared first on AMBCrypto. origin »

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Bitcoin Plunge Coincides With Unknown Mining Pools Dump.

Are weaker Bitcoin mining hands capitulating post-halving? Recent sharp declines in the Bitcoin (BTC) price appear to coincide with massive ‘coin’ dumping from unknown mining pools. If anything, the May 2020 halving may quite literally be emptying the wallets of unprofitable Bitcoin miners worldwide. origin »

Cardano's rising social volume not enough for its price.

Cardano seems to have recovered its previously wiped out gains, with the coin up by over 144 percent since the beginning of the year. One of the major precipitating factors behind Cardano's upward priThe post Cardano's rising social volume not enough for its price appeared first on AMBCrypto. origin »

Fireblocks Launches A Digital Asset Transfer Network to Facilitate Faster Transactions.

The digital asset transfer industry has faced a couple of challenges especially for institutional investors including lack of security of assets and speed of transfers. Fireblock’s ‘Secure Asset Transfer Network’ aims at improving its secure asset transfer environment making the process of transferring assets across wallets and exchanges more efficient and faster. The first institutional […] origin »

The Evolution of AML/KYC Regulations in Crypto.

One of the primary goals of the cryptocurrency is to rehabilitate trust in the economy. However, the last couple of years have demonstrated the importance of regulation in cryptocurrency. While a plethora of exciting projects have emerged in the crypto space, the industry’s widespread adoption has been prevented by untrustworthy behavior, such as embezzlement of […] The post The Evolution of AML/KYC Regulations in Crypto appeared first on BeInCrypto. origin »

Bitcoin: BitMEX's push and pull a sign of weakness.

When Bitcoin's price moves as quickly as it did on 2 June, eyes very often shift to BitMEX. The Seychelles-based derivatives exchange has often been the lure of the cryptocurrency market, offering triThe post Bitcoin: BitMEX's push and pull a sign of weakness appeared first on AMBCrypto. origin »

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