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Crypto Assets Conference 2021A | May 31 till June 2, 2021 | Frankfurt School of Finance and Management.
On May 31 till June 2, 2021, the Frankfurt School Blockchain Center is organizing the Crypto Assets Conference (CAC) for the fifth time. Blockchain technology was born through the invention of Bitcoin and has since then created hundreds of digital assets and spurred the development of business models building on decentralized networks. origin »
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Goldman Sachs studies crypto as an asset class—a year after stating the opposite.
Major American investment bank Goldman Sachs has seemingly recognized that cryptocurrencies are an emerging new asset class after all—despite stating otherwise just a year ago, according to its recent report. origin »
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Ripple - The 'puppet master' behind Bitcoin's energy use FUD?.
San Francisco-based blockchain firm Ripple is in the news again today. Now, many would think that it has to do with yet another SEC lawsuit development. However, that's not the case here. In a receThe post Ripple - The 'puppet master' behind Bitcoin's energy use FUD? appeared first on AMBCrypto. origin »
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Bitcoin Adoption Picks up Steam in Peru After Presidential Ballot.
Peru, a country not commonly associated with bitcoin or cryptocurrencies, is experiencing a sizable surge in digital currency adoption following the first round of its presidential ballot process. The presidential candidate with the most vote support, Pedro Castillo, is known for his interventionist policies, so Peruvians might be preparing for what could be considered an […] origin »
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Is Ripple Behind Most of the Bitcoin Energy Usage FUD? CoinShares’ Meltem Demirors Thinks So.
The Bitcoin market hasn’t been a pretty sight of late. The top cryptocurrency seems to be struggling to beat back the bears as price take a hit after another. Notably, this crisis started when Tesla’s Elon Musk launched a scathing attack on BTC on account of the network’s massive power consumption. Elon’s company went on […] origin »
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‘Greenish’ Cardano Next Most Likely To Hit $100 Million Market Valuation.
The cryptoverse is back to its red days. No thanks to China’s clampdown, Elon Musk’s newfound ‘green’ love, and the millions of short-term ‘panic’ investors pulling the red carpet from under cryptocurrency’s feet at the first honk of the dip horn. origin »
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African Crypto Exchange, Quidax Raises Over $3 Million on the Worst Day of Crypto in Less Than 48 Hours.
PRESS RELEASE. On what could be tagged as the worst day of crypto this year, African-founded exchange, Quidax, raised over 7,772 BNB from the public sale of its token, QDX. The crypto market suffered its first major dip in 2021 on Thursday, May 19, 2021 with Bitcoin dropping as low as $30,000 from highs of […] origin »
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Here’s All You Need to Know About the China Bitcoin Mining FUD.
While the price of bitcoin (BTC) and ether (ETH) have managed to rise by 4.42 percent and 8.71 percent respectively in the past 24-hours, some traders are of the opinion that the bloodbath may not be over just yet, as there is still widespread fear uncertainty and doubt in the hearts of Chinese cryptomarkets participantsRead More origin »
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HSBC Won’t Launch Bitcoin Trading Desk, CEO Says Bank Has No Plans to Offer Cryptocurrency Investments.
HSBC has confirmed its bitcoin and cryptocurrency stance as a growing number of major banks are beginning to offer crypto services. CEO Noel Quinn says that HSBC views bitcoin as an asset class rather than a payments vehicle but the bank is not rushing into providing cryptocurrency investments for clients. HSBC Confirms Crypto Stance HSBC […] origin »
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Uniswap, Ethereum, Binance Coin Price Analysis: 23 May.
The global cryptocurrency market was yet to recover from the recent onslaught that saw most coins head towards their March-April lows. Ethereum was in danger of further retracement all the way towardsThe post Uniswap, Ethereum, Binance Coin Price Analysis: 23 May appeared first on AMBCrypto. origin »
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Deutsche Bank Turns Against Bitcoin Amid 50% Drop: Valuation is “Wishful Thinking”.
Historically, institutions have always been the biggest skeptics of Bitcoin and cryptocurrencies as a potential asset class. Even at the height of the 2017 bull run, many financial institutions remained doubtful of crypto’s emergence and its ability to become mainstream. origin »
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Best Goal Scorer at Euro Soccer Championship to Get NFT Trophy From Gazprom.
The player with the best goal at Europe’s international soccer championship this summer will be awarded a special prize. European football’s governing body, UEFA, and the tournament’s sponsor, Russia’s Gazprom, are behind the initiative to present the winner with an NFT trophy. origin »
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Nobel Laureate Paul Krugman Quits Predicting Bitcoin’s Demise, Now Says BTC ‘Can Survive Indefinitely’.
Nobel Prize-winning economist Paul Krugman says he has given up predicting the imminent demise of bitcoin. The economist now suggests thinking of the cryptocurrency “as a cult that can survive indefinitely. origin »
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DEX Field-Leading Project PandaSwap will Launch on OKExChain Soon.
Press Release: Decentralized exchange (DEX) field-leading project, PandaSwap, was confirmed as 1 of 20 joint beta event projects on OKExChain and is set to launch imminently. 24th May 2021, Chengdu, China: Despite the recent fall into a bear market, the crypto space continues to evolve and consistently inspires innovation. origin »
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Bitcoin Cash, Litecoin, Cardano: Analyst says 'bottom is in for' one of these alts.
The cryptocurrency market has seen a lot of bear and bull actions in the past couple of months. While the overall cap had surged above $2T mark, now it’s going through a setback. Bitcoin (and its foThe post Bitcoin Cash, Litecoin, Cardano: Analyst says 'bottom is in for' one of these alts appeared first on AMBCrypto. origin »
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Bitcoin Mining Operations Btc.top and Hashcow Cease Offering Services in China.
Following some stern warnings from a few major trade associations and regulators in China, two prominent exchanges, Huobi and Okex, have stopped offering services to Chinese residents. After the two exchanges halted specific services to residents of mainland China, two bitcoin mining operations have also abandoned the country on Monday. Btc.top and Hashcow have suspended […] origin »
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BTC Supporters Call Price Drop a Mid-Bull Run Break, 2021 Bitcoin Chart Pattern Similar to 2013 Bull Run.
After the price of bitcoin touched a high of $64,895 per unit, speculators and skeptics think it might have been the top of the bull run and a 2018-like bear run is next. On Sunday, May 23, bitcoin prices have dropped to a low of $31,107 and bears have managed to take the reigns for […] origin »
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Huobi Halts Futures Trading Services, Mining Pool in China as Regulatory Pressures Mount.
Per Bloomberg, cryptocurrency exchange Huobi began blocking its Chinese customers from being able to access some of their services. When China banned crypto exchanges back in 2017, Huobi moved its operations overseas to Hong Kong, Singapore, and South Korea, among others. origin »
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PwC Report: Boom Time For DeFi Sector As Crypto Hedge Funds Show Growing Interest.
A newly released report by PricewaterhouseCoopers (PwC) and Alternative Investment Management Association (AIMA) has shown that hedge funds' interest in decentralized finance (DeFi) is growing. The research titled the 2020 Global Crypto Hedge Fund Report was conducted in Q1 2020, polling responses from the world's largest global crypto hedge funds by assets under management (AUM). origin »
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Investing in Ethereum should be correlated with positions in BNB, LINK, LTC; Why?.
Crypto-market corrections can be nasty and Ethereum suffered one of its worst drawdowns over the past couple of weeks. While the market decline was collective, the sentiment noted by Bitcoin and EtherThe post Investing in Ethereum should be correlated with positions in BNB, LINK, LTC; Why? appeared first on AMBCrypto. origin »
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Bitcoin Emits Less Than 5% Of The Legacy Financial Sector’s Carbon Emissions.
A comprehensive calculation of the carbon emissions from the legacy financial sector shows that Bitcoin is far less impactful on the planet. origin »
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Ripple and Bittrex Move 85 Million XRP, While Coin Drops Below $1.
Blockchain heavyweight Ripple has helped Bittrex and two other major exchanges to shift almost 85 million XRP coins origin »
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Getting Familiar With Bitcoin.
Bitcoin is a topic that everyone is interested in these days. This cryptocurrency keeps breaking all records in value and remains a trending topic in the financial industry. Reports state that as of 2021, there are over 5 million people that have invested in it. origin »
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BTC Mining Devices ‘Out of Stock’ Worldwide- 6 Chinese Mining Rig Makers Dominate the ASIC Industry in 2021.
While bitcoin prices have slid in value and the high network difficulty, the leading crypto asset is still quite profitable to mine according to current data. Despite the profitability, these days there are only a few manufacturers producing application-specific integrated circuit (ASIC) machines. origin »
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Billionaire David Rubenstein Says ‘Unrealistic’ to Think Government Will Stop Cryptocurrency From Being What Investors Want.
The Carlyle Group’s co-founder, David Rubenstein, says that the idea of the government stopping cryptocurrency from being something that investors want is unrealistic. He believes that cryptocurrency is here to stay. origin »
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Leading Prime Brokerage Platform TroyTrade Launches DEX TroySwap.
The DeFi industry is making huge waves. It is the heart of the cryptocurrency movements and modern financial system. One of the truly fascinating dimensions of decentralized finance is the advent of DEXes platforms that have garnered projects and users with financial freedom without the interference of any central authority. origin »
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Leaked Goldman Sachs Report Leans towards Ethereum Outperforming Bitcoin.
The bitcoin price has lost almost 50 percent of its value since reaching its all-time peak of nearly $65,000 per bitcoin in April. Meanwhile, after rising to over $4,000 per Ether, ETH is reduced by more than half earlier this month. origin »
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Litecoin, Bitcoin Cash, Polkadot Price Analysis: 23 May.
While Bitcoin traded between $36,000-$38,000, most alts adopted a wait and a watch strategy before making sharp moves. Large-cap alts such as Litecoin, Bitcoin Cash and Polkadot followed a similar patThe post Litecoin, Bitcoin Cash, Polkadot Price Analysis: 23 May appeared first on AMBCrypto. origin »
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Mark Cuban: We’re In “The Great Unwind”.
In a tweet reply over the weekend, billionaire businessman and crypto advocate Mark Cuban described the current price action as part of the “great unwind”. The comment was in response to Larry Cermak, Director of Research at The Block, and emphasized the implications of over-leveraged traders leading to ‘unwinding’. In a response to Newsweek about […] origin »
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Solana, MATIC, Ethereum Classic Price Analysis: 23 May.
A bounce back from $25 could allow for minor gains till $29 for Solana. MATIC broke below $1 and will continue on a downwards path if bulls fail to respond swiftly. Finally, Ethereum Classic broke souThe post Solana, MATIC, Ethereum Classic Price Analysis: 23 May appeared first on AMBCrypto. origin »
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Goldman Sachs Analyst Initiates Coinbase Coverage With Buy Rating.
Godman Sachs states that Coinbase Global could soon surge as much as 36%, to over $300. The post Goldman Sachs Analyst Initiates Coinbase Coverage With Buy Rating appeared first on BeInCrypto. origin »
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VeChain, THETA, Tron Price Analysis: 23 May.
VeChain's technicals presented some additional losses for the crypto-asset moving forward. THETA needed to reclaim the area above $7. 34 to enable a quick recovery. Finally, Tron could stabilize at $0. origin »
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Iranian Crypto Mining Farms Voluntarily Shut Down Amid Rolling Blackouts.
Iran has begun rolling blackouts, a last resort measure to prevent a total electrical blackout in the region. The post Iranian Crypto Mining Farms Voluntarily Shut Down Amid Rolling Blackouts appeared first on BeInCrypto. origin »
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There Are Now A Million Active ADA Wallets On The Cardano Network.
The Cardano community has yet another reason to feast. The network has finally achieved a critical milestone of 1 million ADA wallets. It’s not a secret that ADA has been in the headlines of late after the coin gained by huge margins over the past few weeks. As of now, ADA is trading at $1.5, […] origin »
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'The world has voted that they believe'... this about Bitcoin.
The first quarter of the year saw many positives, alongside some obstacles in the crypto-space. More than anything, what the first quarter of 2021 witnessed was the continuing trend of Bitcoin's instiThe post 'The world has voted that they believe'. origin »
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Russian Lawmakers Move to Allow Crypto Payments Under Contracts.
Members of the State Duma are now working on amendments that will permit the use of cryptocurrency as a contractual means of payment. Digital financial assets are regarded as property under Russian law and the changes will legalize crypto payments between parties to a contract. origin »
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South Korea to Develop Pilot Platform for CBDC.
South Korea is moving to start a pilot program for a digital won origin »
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Bitcoin Price Analysis: 23 May.
After a 11% decline at press time, Bitcoin was concluding its bearish week. BTC was priced just above $32,500, as other assets met their lows from May 19. Support levels at $40,500 and $34,800 have boThe post Bitcoin Price Analysis: 23 May appeared first on AMBCrypto. origin »
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Why Bitcoin Is Nowhere Near The Top This Year.
Bitcoin has a long way to go in this bull market, and the rest of the year looks bright. origin »
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South Korea’s ‘Kimchi Premium’ Returns, BTC Prices Up 8% Higher Than Global Average.
As cryptocurrency regulation heats up worldwide, South Korean officials have been increasing regulatory discussions concerning the swelling crypto economy. While digital currency markets like bitcoin have tumbled in value in recent times, global crypto market prices have increased across the board on Monday. origin »
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Chinese Crypto Miners Panic Sold, But Most Are Still Awaiting for Clarity from the Govt..
This changes nothing, with fundamentals remaining stronger than ever. It is rather a massive opportunity to make Bitcoin green & even more decentralized by having a new wave of mining operators outside of China using renewable energy The post Chinese Crypto Miners Panic Sold, But Most Are Still Awaiting for Clarity from the Govt. first appeared on BitcoinExchangeGuide. origin »
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Chainlink, EOS, Dash Price Analysis: 24 May.
Chainlink needed to overcome the $23.1-resistance to witness an extended rally, at press time. The buyers stepped in at $4, but a bumpy road lay ahead for EOS. Finally, Dash presented an important tarThe post Chainlink, EOS, Dash Price Analysis: 24 May appeared first on AMBCrypto. origin »
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Here's what cemented Bitcoin's 'position as an official asset class'.
The craze around cryptocurrencies has had many former skeptics announce their change of hearts. Institutions now are openly expressing their interest, not only in Bitcoin, but other altcoins as well. origin »
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Leading Prime brokerage platform TroyTrade launches DEX TroySwap.
The DeFi Industry is making huge waves. It is the heart of the cryptocurrency movements and modern financial system. One of the truly fascinating dimensions of decentralized finance is the advent of DEXes platforms that has garnered projects and users with financial freedom without the interference of any central authority. Decentralized peer to peer financialRead More origin »
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Tron, MATIC, Aave Price Analysis: 24 May.
While market leaders Bitcoin and Ethereum struggled to post strong gains, trading at $36,360 and $2,234, respectively, some altcoins saw a re-emergence of buyers and bounced back from their recent lowThe post Tron, MATIC, Aave Price Analysis: 24 May appeared first on AMBCrypto. origin »
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Crypto Exchange FTX Set to Raise $1 Billion in Funding with $20 Billion Valuation .
Crypto derivatives exchange FTX is raising a funding round with a private valuation just north of $20 billion. Per The Block, the exchange is reportedly looking for funding anywhere from $400 million to $1 billion. origin »
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Whole Earth Foundation burns 70% of the total token supply.
To the Whole Earth Community, The Whole Earth Coin, we believe, is a truly unique project with a mission that distinguishes us from other projects within the crypto space. Our goal is to address thThe post Whole Earth Foundation burns 70% of the total token supply appeared first on AMBCrypto. origin »
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Comparing the True Costs of Gold Mining in Africa With Those of Bitcoin Mining.
When billionaire Elon Musk announced that Tesla would no longer accept bitcoin as payment for its electric vehicles, the price of the crypto asset tanked. In justifying this decision, Musk cited bitcoin mining’s inefficient use of electricity as well as its impact on the environment. origin »
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Crypto Exchange Huobi Suspending Services for New Users in China.
Huobi is feeling the heat of China's renewed cryptocurrency crackdown origin »
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How Leveraged Positions Could Have Accelerated Ethereum’s Slump.
Ethereum has retraced to levels not seen since the beginning of 2021. The cryptocurrency records a 50% correction in the weekly chart and has fallen from an all-time high at around $4,000. At the time of writing, ETH trades at 1,927 with 22. origin »
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