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Bitcoin over $12,000 - A collective goal for retail and institutions?.
It feels like just a few weeks ago we were talking about Bitcoin's $10,000 breakout, and now the cryptocurrency is positioned to go past $12,000. This wouldn't be the first time Bitcoin has broken oveThe post Bitcoin over $12,000 - A collective goal for retail and institutions? appeared first on AMBCrypto. origin »
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Ethereum Suffers from Fundamentals Flaws — Is it the New Normal?.
The fees on Ethereum had reached the highest since 2015 when it launched, surging past $7. More than 17,500, $6.8 million are currently being spent on fees daily on the network. Spencer Bogart, general partner at Blockchain Capital, “Mempools are getting more competitive as value at stake for pending crypto tax increases. This increased competitiveness […] origin »
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Ethereum open contracts remain high - Trouble ahead?.
Ethereum has been indicating strong signs of bullish momentum in the cryptocurrency market. The second-largest digital asset has been on an upwards journey since mid-July and witnessed another boost iThe post Ethereum open contracts remain high - Trouble ahead? appeared first on AMBCrypto. origin »
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China to Start Testing its Digital Yuan in Beijing and Other Major Cities.
China’s digital currency program is set to expand to its capital Beijing and other major cities including Tianjin, Hebei, Guangdong, Yangtze River Delta as well as Hong Kong- Macau Greater Bay Area. According to an official announcement made by China’s commerce ministry, the digital RMB pilot programs will be led by the Chinese Central Bank, […] origin »
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Ethereum Classic, VeChain, Chainlink Price Analysis: 14 August.
Over the last few months, it would seem that much of the altcoin market has been driven by its own momentum and the organic developments in its own ecosystem. This is a good thing as such movement hasThe post Ethereum Classic, VeChain, Chainlink Price Analysis: 14 August appeared first on AMBCrypto. origin »
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DeFi's 'new stage' welcomed as OKEx, Binance list Curve Finance's CRV.
DeFi's ecosystem has come a long way over the past few months. From a Total Value Locked (TVL) figure of $539.8 million right after the market crash in March, it has recovered extraordinarily well to The post DeFi's 'new stage' welcomed as OKEx, Binance list Curve Finance's CRV appeared first on AMBCrypto. origin »
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Boston Federal Reserve Partners With MIT To Experiment On The Launch Of A Digital Dollar.
According to a statement by Federal Reserve Board Governor, Lael Brainard, during the San Francisco's Innovation Office Hours, the Bank is partnering with several institutions to research the possible effects of launching a central bank digital currency (CBDC). origin »
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USPS Patents A Blockchain-Based Mail-In Voting System Despite President Trump’s Critics.
The United States Postal Service (USPS) might have a blockchain-based plan for the U.S mail-in voting suggestion. According to a patent made public by the U.S Patent and Trademark Office on August 13, the USPS had filled an intellectual property application for a blockchain ecosystem dubbed ‘Secure Voting System’ back in February. Interestingly, this development […] origin »
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Cryptocurrency News Roundup for August 14, 2020.
In a polarising move that has drawn mixed reaction from the company’s user-base, cryptocurrency exchange BitMEX announced today that it’s making KYC verification mandatory on the platform. origin »
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BAT, Dogecoin, Litecoin Price Analysis: 14 August.
After doing well to surge past its previous resistance on the charts, Bitcoin, at the time of writing, seemed to be gaining strength. While it did so, most of the market's altcoins were reacting diffeThe post BAT, Dogecoin, Litecoin Price Analysis: 14 August appeared first on AMBCrypto. origin »
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This Bitcoin Trend Happened Only Twice & Indicates We are Still in the Early Phase of a Bull Market.
The largest cryptocurrency took a drop under $11,300 yesterday only to make its way back to $11,850, which has been attributed to Dave Portnoy of Barstool Sports, educating his 1. 7 million Twitter followers about Bitcoin in which he is already in seven figures deep. origin »
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Ripple, Cardano and Algorand price analysis: August 14.
XRP is up 6.72%, Cardano has gained 3.5% while ALGO/USD has spiked more than...
The post Ripple, Cardano and Algorand price analysis: August 14 appeared first on Coin Journal.
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VeChain, DNV GL’s My Care Solution Verifies Portsmouth International Port’s Infection Risk Protocols.
My Care, an infection risk management solution developed by DNV GL and powered by VeChainThor blockchain has now been adopted by UK’s Portsmouth International Port. Portsmouth International Port Embraces My Care Portsmouth International Port, a cruise, ferry, and cargo terminal located in the city of Portsmouth on the South Coast of England has embraced VeChain-poweredRead MoreRead More. origin »
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Elliptic Partners with Fireblocks for Enterprise Grade KYC/AML Crypto Compliance Automation.
Elliptic, a blockchain analytics firm, has partnered with institutional crypto storage and transaction service provider, Fireblocks; a move that is set to enhance the KYC/AML effectiveness of both companies. origin »
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Celo Lab Announces Acquisition Of Summa To Boost The Celo Ecosystem.
On the 13th of August 2020, token-funded startup cLab was thrilled to announce the acquisition of the leading blockchain interoperability firm Summa. This is to enable cross-chain bridges between Celo and other various blockchains. origin »
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The US Seizes $2M in its Largest-Ever Move Against Militant Group’s Crypto Fundraising Effort.
The US Justice Department has taken down the efforts by the military wing of al Qaeda, Hamas, and Islamic State to raise funds via cryptos through schemes that sold bogus COVID-19 safety equipment to US hospitals. origin »
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Here’s Why Bitcoin Is A Better Bet Than Gold & Even Stocks.
Bitcoin again came close to hitting $12,000 yesterday but failed to do so and currently trades around $11,785. While the digital asset has been struggling to reach this level for a fortnight now, bitcoin’s gains since its March lows has helped crypto-focused hedge funds to navigate choppy markets better than their peers focused on bonds […] origin »
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ShapeShift Releases Mobile App to Make Non-Custodial Crypto Easier.
Reading Time: 2 minutes Months after acquiring leading “web3” Israeli crypto-startup Portis, ShapeShift launches its mobile app to make non-custodial exchange safe and seamless. The post ShapeShift Releases Mobile App to Make Non-Custodial Crypto Easier appeared first on CoinCentral. origin »
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Major South Korean Chat App Bets Big on NFT-Based Stock Trading.
The race for blockchain adoption is on in South Korea.
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Zcash, Synthetix, Ethereum Price Analysis: 15 August.
Ethereum, Synthetix, and Zcash seem to be going into the weekend hopeful of upward price movement since, at the time of writing, these three cryptocurrencies were showing signs of potential. The weeklThe post Zcash, Synthetix, Ethereum Price Analysis: 15 August appeared first on AMBCrypto. origin »
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SEC Charges Boon.Tech in Fraudulent ICO. Orders Disgorgement & Fines.
The U. S. Securities and Exchange Commission (SEC) has charged Boon. Tech and its founder CEO Rajesh Pavithran with fraud. The charges were announced via the SEC’s website and Twitter feed. origin »
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Bitcoin Still On Track To Hit $13,000 This Month As Bulls Set To ‘Teleport’ BTC.
Bitcoin continues on its way to a new all-time, however, just days ago, the digital asset had another massive flash crash because of bots selling and longs getting liquidated. Bitcoin is currently trading at $11,870 but was trading above $12,000 for many hours before the flash crash that saw it plummet to $11,450. This crash […] origin »
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Barstool Sports’ Dave Portnoy Sees Bitcoin Price Reaching $12,000 Tomorrow.
Bitcoin has been rejected several times by the key $12K resistance level in recent days, which was the only hurdle before surging higher. Nonetheless, investors have remained unequivocally bullish on the benchmark crypto. origin »
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Germany’s Financial Authorities Introduce A Draft Bill On Blockchain Based Securities.
The German finance ministry, Federal Ministry of Finance (BMF), and the Federal Ministry of Justice and Consumer Protection (BMJV) have introduced a bill on August 11 on digitizing securities on blockchains. origin »
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Chrysalis (IOTA 1.5) Phase 1 Set for August 19 Release on IOTA Mainnet.
IOTA engineers shared their working ahead of the release of Chrysalis, the mainnet’s intermediate stage before Coordicide is complete, on a developer status update on Thursday. All systems on Track Engineer Jacob Cech noted Chrysalis phase 1 components were implemented in the Hornet node and deployed to the comnet network. origin »
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Doctor Who Digital Trading Card Game Is Coming to Ethereum Blockchain.
Popular science fiction show Doctor Who is set to mark its entry into the digital trading card game space via Ethereum blockchain. Doctor Who Arrives on the Ethereum Blockchain According to an August 13 tweet by Reality Gaming Group – a UK-based mobile game publisher – it has partnered with BBC Studios to develop aRead MoreRead More. origin »
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Another 356K Bitcoin sold for profit - Is $12,000 a pipe dream?.
With Bitcoin once again inching closer and closer to $12,000, some are hopeful of the rise while others are fearful of a fall. Depending on which side of this equation you're on, you're either a hodleThe post Another 356K Bitcoin sold for profit - Is $12,000 a pipe dream? appeared first on AMBCrypto. origin »
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Tether CTO Explains Where Collateral for Newly Minted USDT Comes From.
Tether CTO Paolo Ardoino has answered a question from a Twitter user who asked him to explain how Tether can be minting so many new USDT, comparing the company to the Fed origin »
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Are crypto-tax regulations ready for Ethereum's staking rewards?.
Over the past decade, the crypto-market has diversified significantly and today, the average crypto-user has a wide variety of options in terms of coins and derivatives products to choose from. HoweveThe post Are crypto-tax regulations ready for Ethereum's staking rewards? appeared first on AMBCrypto. origin »
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New Unaudited DeFi Project for ‘Degens’ is Here for Yield Farming.
After Tendies, YFI, and YAM, it is time for Based Money — “game theory for degenerates.” As a good farmer, you gotta rotate your crops. Investigating BASED today. Come shitcoin with me! — Arthur Hayes (@CryptoHayes) August 13, 2020 This week’s latest decentralized finance (DeFi) is Based Money, a massive multiplayer online game whose anonymous […] origin »
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Whales Play HODLing Season As Major Exchange Predicts A 200% Spike For Bitcoin.
The last few weeks have been good to Bitcoin, although the crypto seems to fall short of breaking the $12,000 resistance to cruise for $15k. However, it’s not lost on anyone that Bitcoin’s price has seen a significant move upwards compared to the latter days of the year. The top coin ushered in its moment […] origin »
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Crypto.com will sell Bitcoin at “50% off” in September, here’s why.
Hong Kong-based crypto exchange and card provider Crypto dot com is launching an attractive competition for Bitcoin fanatics in September, ahead of its “public beta” exit. The post Crypto. origin »
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ALGO Increases By 85% in Two Days – Where to Next?.
The Algorand (ALGO) price has increased by 85% since August 12, when it broke out from a long-term resistance level. Rapid Increase After Breakout The ALGO price has been moving upwards since March 13. origin »
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Crypto Exchanges Contribute to Curve Finance’s Front-Run & Premined CRV Token Launch Insanity.
Within hours of the surprising launch of the CRV token, the leading spot exchange Binance announced the listing of the token with deposits now opened but said due to the token’s limited circulating supply, trading won’t start until a “sufficient enough” levels of CRV deposits are reached. origin »
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A Strange High: Two Days at Denver’s Crypto-Cannabis Conference.
Denver's Crypto-Cannabis Conference wants a marriage between the cryptocurrency and cannabis industry, but is the use case strong enough? origin »
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Thailand welcomes Upbit after its Korean exit.
Thailand’s SEC opens its doors to popular exchange Upbit, alongside 13 other crypto firms,...
The post Thailand welcomes Upbit after its Korean exit appeared first on Coin Journal.
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Boost to Bitcoin: Elon Musk confirms asteroid mining is a risk to gold prices.
Yesterday, the crypto community watched in awe as the Winklevoss Twins met with Barstool Sports founder Dave Portnoy to inform him about Bitcoin. The post Boost to Bitcoin: Elon Musk confirms asteroid mining is a risk to gold prices appeared first on CryptoSlate. origin »
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Yam Finance Developers Share Details on YAM Migration Plans.
Yam Finance, a DeFi protocol that imploded due to an inherent smart contract bug is set to make a safer return. Yam 2. 0 Incoming Yield farming is the talk of the town in the crypto industry and several up and coming protocols are looking to tap this burgeoning space by luring “yield farmers” with attractiveRead MoreRead More. origin »
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Unraveling the Blockchain and Crypto Gaming World One Click at a Time.
The latest wave of incoming blockchain-enabled games promise AAA experiences for gamers, potentially exposing 2.5 billion people to crypto. origin »
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BTSE exchange to launch DeFi index.
The BTSE exchange and Brave New Coin have announced an ambitious roadmap for the remainder of 2020 which includes an initial DeFi index and four other new indices by year’s end. origin »
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Yam Finance Proposes Migration Plan After Rebase Failure Fiasco.
Fresh from the failure of an attempted rebasing, Yam Finance is looking to engineer a migration to a new version of the protocol. Despite the initial hype that greeted its launch as the latest decentralized finance (DeFi) sensation, the project soon ran into trouble. origin »
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BitMEX Mandating KYC by Feb 2021, Not Bad for Crypto Market.
Crypto derivatives exchange BitMEX now seems to be feeling the pressure of regulators as it announces mandatory know-your-customer (KYC) measures to “meet evolving international regulatory standards. origin »
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Crypto Steps Up to the Contactless Payment Adoption Plate.
The coronavirus pandemic has put contactless payments into full gear. Now as credit cards come standard with touchless chips, who is going to benefit from this digital future? Windshield Swipers The sudden need to stop touching surfaces has resulted in a different approach to payment. origin »
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Binance Coin, Tron, IOTA Price Analysis: 15 August.
Many of the market's cryptocurrencies, at the time of writing, were going through an upheaval of sorts on the charts. Binance Coin was in a general uptrend, before noting a retracement. On the other hThe post Binance Coin, Tron, IOTA Price Analysis: 15 August appeared first on AMBCrypto. origin »
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XRP long-term Price Analysis: 15 August.
XRP's price recorded substantial gains on the charts as the month of July came to a close. Surprisingly, since the start of August, this trend has reversed slightly, with the price failing to break keThe post XRP long-term Price Analysis: 15 August appeared first on AMBCrypto. origin »
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Litecoin long-term Price Analysis: 15 August.
Disclaimer: The findings of the following article will attempt to analyze the impact of emerging patterns in the long-term Litecoin market The volatility in the market has been pushing the price ofThe post Litecoin long-term Price Analysis: 15 August appeared first on AMBCrypto. origin »
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Decentralized Exchanges Maturing, but High Demand Reveals Limitations.
The growth of decentralized exchanges in 2020 has been phenomenal, but there is a hard ceiling with current technology.
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Ethereum's circulating supply - A 'silly gotcha' debate?.
Ethereum has been enjoying one of its most active days in the market, with the crypto-asset's price spiking on the charts after some time. Despite an active spot and derivatives market, however, the cThe post Ethereum's circulating supply - A 'silly gotcha' debate? appeared first on AMBCrypto. origin »
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Bitcoin Cash long-term Price Analysis: 15 August.
Bitcoin Cash‘s price movement since the beginning of the month has been stuck between the $290 - $320 price level. While the coin did manage to stay above the $300-level for a while, the past week sThe post Bitcoin Cash long-term Price Analysis: 15 August appeared first on AMBCrypto. origin »
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Party Like It’s 2017: Whales and Degenerates of DeFi.
The DeFi craze is full-steam ahead: the total value locked has already passed $5 billion, the number of transactions on Ethereum hit 2018 levels, and gas prices are through the... origin »
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