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The Impending Dangers of China’s Digital Yuan And Why it Poses Zero Threat to Bitcoin.
Of the nearly 80 countries currently interested in developing Central Bank Digital Currencies (CBDCs), China is the clear leader. China, one of the first countries to show interest in CBDCs, has also announced its plans to be using its CBDC, the digital Yuan, by the time the Olympics come around in February 2022. The People’s […] origin »
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Dogecoin, Binance Coin and Chainlink Price Analysis: July 27.
There has been a stark difference in how major cryptocurrencies traded yesterday to that of today, profits had fizzled out of the market as coins tumbled to trade near their vital support levels. The The post Dogecoin, Binance Coin and Chainlink Price Analysis: July 27 appeared first on AMBCrypto. origin »
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Here's the best case scenario for Bitcoin this week.
Bitcoin prices have enjoyed a bit of a bull run. Weekly gains amounted to over 28% and a steady uptrend saw prices climb above $40,000 for the first time in sixty nine days. Can BTC maintain its uptreThe post Here's the best case scenario for Bitcoin this week appeared first on AMBCrypto. origin »
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Energy Veteran Roy Phillips Joins Board of Advisors at Intelligent Mining (iM).
Roy Phillips, founder, and CEO of REP Energy, an electricity generating company, has joined the Board of Advisors at Intelligent Mining(iM) following a recent press release. Intelligent Mining (iM) is a platform responsible for providing environmentally responsible energy solutions which support efficient crypto mining operations. origin »
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Survey Says! Institutional Investors Are Still Bullish On Bitcoin.
Bitcoin has seen losses in the past day after a rejection north of the $40,000 resistance. At the time of writing, the first cryptocurrency by market cap trades at $37,598 with a 5. 6% loss in the 24-hour chart. origin »
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Paxos Standard (PAX) and Polymatch Network (POLY) are now available on Coinbase.
Learn about working at Coinbase: https://www.coinbase.com/careers - Medium origin »
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Crypto Market Breathes Sigh Of Relief, Bitcoin Rises From “Extreme Fear”.
Bitcoin sentiment has now begun to move into the positive. The crypto market has recently been in one of its longest stretches in extreme fear recently. Now it seems there is light at the end of the tunnel as the market pulls itself out of extreme fear. This is in line with the recent price […] origin »
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How This Monero Bug Could Impact User Privacy.
A “significant” decoy selection bug has been reported for Monero via the project’s official Twitter handle. According to the investigation, carried out by software developer Justin Berman, the bug “may impact your transaction’s privacy” during a brief window of time after funds have been received. origin »
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Ethereum traders can cash in by making this move.
It's futile to talk about the global cryptocurrency's market current bull run without mentioning Ethereum. The world's largest altcoin has seen a weekly surge of nearly 30% which actually sit slightlyThe post Ethereum traders can cash in by making this move appeared first on AMBCrypto. origin »
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Kazakhstan to Reportedly Let Banks Open Cryptocurrency Accounts.
The government of Kazakhstan would soon reportedly allow financial institutions to offer banking services to cryptocurrency exchanges in the country to facilitate crypto transactions. Local Banks to Service Crypto Exchanges The report by the Astana Times which mentioned the Data Center Industry and Blockchain Association of Kazakhstan as the source stated that crypto-based businesses wouldRead More origin »
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Bitcoin To Reach New All-Time Highs, Market Strategist.
Market strategist Michael Lee says that he sees bitcoin reaching new all-time highs. Lee was on Fox Business Monday in an interview to talk about his outlook on bitcoin. Lee is the founder of investment firm Michael Lee Strategy which offers wealth planning and investment management to clients. origin »
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The Ominous Ethereum Comparison That Will Leave Bulls Petrified.
All across finance, the conversation of the day has been centered around China and the ongoing regulatory crackdown As it pertains to the crypto market and assets like Bitcoin and Ethereum, holders are wondering if there could be spillover effect and additional FUD that could on the ongoing recovery in play. origin »
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Bitcoin Miner Crusoe Energy Eyes Expansion Play, Seeks Outside Investment.
The mining space is fast becoming the most vibrant part of the crypto industry. With difficulty dropping and the landscape undergoing a fundamental change, several companies are looking to capitalize. origin »
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Understanding Bitcoin profitability in the current market.
Bitcoin rallies every now and then, trends change, and new levels are established. But this rally, in particular, holds a lot of importance presently because it brought much-needed relief from the earThe post Understanding Bitcoin profitability in the current market appeared first on AMBCrypto. origin »
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MATIC, Filecoin and Solana Price Analysis: July 27.
After yesterday’s pump, cryptocurrencies have fallen into the red. Despite price corrections, Bitcoin’s reversal exerted pressure on other altcoins considerably. MATIC’s trading volume fell and The post MATIC, Filecoin and Solana Price Analysis: July 27 appeared first on AMBCrypto. origin »
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Analyst Who Predicted Latest Market Surge Reckons Bitcoin Will “Eventually Tank Again”.
CryptoWhale, an unusual crypto market pundit has long been observing the market. The analyst who is popular for making calls that most times go against popular opinion has turned out right on several occasions in the past. origin »
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Who Just Moved 2% Of Bitcoin’s Total Supply Worth over $15 Billion?.
A bitcoin whale has just moved 400,519.2286 BTC worth roughly $15.3 billion representing about 2% of the entire BTC supply. The one-of-a-kind transaction, which was processed as an entire block on the bitcoin network on July 27 was noticed and posted on Twitter by Bitcoin updates Twitter handle, Documenting Bitcoin. “$15.3 billion was moved today […] origin »
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Privacy-Threatening Flaw Discovered in Monero’s (XMR) Wallet Code.
An investigation by Justin Berman, a software developer interested in the “intersection of finance and cryptography,” has discovered a significant bug in Monero’s wallet code. The Bug in Monero’s Wallet Code In a Twitter thread on July 27, Monero developers said the bug impacted the network’s decoy selection algorithm. origin »
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Panther Protocol Partners with Vegaswap AMM Protocol to Promote User Confidentiality.
Panther Protocol, a privacy-focused protocol, is now partnering with Vegaswap automated market maker (AMM) protocol to promote user confidentiality. Notably, the Vegaswap user-centered AMM platform provides users with a variety of DeFi and cross-chain applications. origin »
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What part of Bitcoin as national currency is a 'step too far'.
Since El Salvador’s president made the announcement to make Bitcoin legal tender in the country, equal amounts of praise and criticism have been thrown its way. Even as crypto enthusiasts have repeaThe post What part of Bitcoin as national currency is a 'step too far' appeared first on AMBCrypto. origin »
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Utah Oil Producer Is Using Otherwise Wasted Gas To Mine Bitcoin.
Wesco has stopped flaring excess natural gas and is now using it to mine bitcoin, reducing carbon emissions and increasing profits. origin »
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What Will A Bitcoin ETF Mean For Adoption?.
Matt Hougan of Bitwise discussed when a bitcoin exchange-traded fund (ETF) will be approved in the U.S. and what it will mean for investors. origin »
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More Than 5% Of The Ethereum Supply Now Locked In ETH 2.0.
Ethereum 2. 0 now has more than 6. 6 million ETH staked. This is more than 5% of the total supply of the cryptocurrency. Staked Ethereum Reaches New Milestone: 5% Of The Total Supply The ETH 2. origin »
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Why did Huobi file 'resolution to dissolve' its entity in China.
The stringent crackdown on cryptocurrency businesses and mining in China has led the prominent cryptocurrency exchange, Huobi to shut down its subsidiary functioning in the country. According to the pThe post Why did Huobi file 'resolution to dissolve' its entity in China appeared first on AMBCrypto. origin »
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Taleb Vs. Taleb: A Question Of Time, Lindy And Portfolios.
The famous economist often acts contradictory and has denounced Bitcoin despite examples of previous understanding. origin »
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Is this the right time to enter Bitcoin derivatives market.
Bitcoin had a strong 26.7% rally (as of press time) that made spot trading very profitable for investors, but the interesting fact is that this rally benefited the derivatives markets as well. ObserviThe post Is this the right time to enter Bitcoin derivatives market appeared first on AMBCrypto. origin »
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Software Developer Discovers Privacy Bug Affecting Monero’s Decoy Algorithm.
Users' privacy are no longer guaranteed on privacy-focused cryptocurrency protocol Monero (XMR) due to the presence of a software bug in its decoy selection algorithm. Users Who Spend Monero Faster At More Risk Of Exposure According to a statement made by Monero (XMR), the bug was investigated by software developer Justin Berman. origin »
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Crowded Bitcoin Shorts Leads To Largest Recorded Squeeze In History.
Data shows that on Monday crowded Bitcoin shorts have lead to the largest recorded squeeze in the history of the cryptocurrency. Bitcoin Records Largest Short Squeeze Ever As per an Arcane Research report, BTC has recorded the largest squeeze in its history where $750 million worth of shorts have been liquidated. origin »
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Investing Legend Mark Mobius Says Bitcoin Is Going to Break Lower.
Mark Mobius is also leery of companies that have invested in Bitcoin origin »
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Dent, VeChain, Cake price analysis roundup.
The cryptocurrency market remains supported; Bitcoin briefly surged above $40,000 for the first time in nearly six weeks, which also supports the price of Dent (DENT), VeChain VET/USD, and Cake (CAKE). origin »
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Ravencoin (RVN) price analysis for August 2021.
Ravencoin RVN/USD currently trades around the $0. 0588 level, and it would be a strong buy signal if the price jumps again above $0. 10 resistance. Fundamental analysis: There is still a level of uncertainty surrounding this project Ravencoin is a peer-to-peer blockchain that enables you to transfer assets from one party to another. origin »
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Dogecoin Fan Offers 10 Percent Discount on His House if Buyer Pays Him in DOGE.
A Utah man has decided to do his part in pushing Dogecoin adoption by offering a generous discount on his house origin »
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The safest way to store Bitcoin.
Recent facts have proven the value of bitcoin as an investment asset. Created as an alternative to fiat money, bitcoin has a significant advantage in the form of limited emission, which makes it much more valuable. origin »
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Why Aren’t More Bitcoin Miners Setting Up Shop In Canada?.
As more bitcoin miners migrate from China, they are hesitant to set up shop in Canada, despite abundant energy and a cool climate. But why? origin »
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Axie Infinity, Enjin Coin, and Chiliz signal a buy on today’s charts, let’s see why!.
Axie Infinity AXS/USD is a blockchain-based trading and battling game that a lot of players seem to be enjoying, as its token is rising in value. Enjin Coin ENJ/USD provides blockchain-based gaming products. origin »
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Bitcoin Price Drops $1,000 In 12 Hours After Amazon Dispels Bitcoin Integration Rumors.
Bitcoin price promptly lost $1,000 in 12 hours after an Amazon spokesperson confirmed that the company was not planning to add bitcoin to its platform. The price which had seen a major uptick in the price in the day following the news of the company accepting bitcoin has now started to correct back down. origin »
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Bitcoin Dominance Inches Closer to 50 Percent as BTC Revisits $40K.
Bitcoin dominance has spiked to the highest level since early May origin »
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Bitcoin: Making the most of this bull run.
Bitcoin had a strong rally over the last couple of days, placing the coin at $37,000 also reaching $40,000 earlier in the day yesterday. So naturally the question of “Is this a bull run?” comes toThe post Bitcoin: Making the most of this bull run appeared first on AMBCrypto. origin »
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Dash launches DashDirect to let holders spend DASH at over 155K stores.
Dash has rolled out DashDirect, an instant savings retail application that allows DASH HODLers to spend the coin at more than 155,000 in-store merchant locations and over 125 online retailers in the US. origin »
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What you need to know about Monero's decoy selection bug.
The developers of privacy-centric cryptocurrency, Monero have identified a "rather significant" bug in the algorithm that could allow for transaction destinations to be identified. According to a TThe post What you need to know about Monero's decoy selection bug appeared first on AMBCrypto. origin »
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Garlinghouse and Novogratz React to Warren's Push to Regulate Cryptocurrencies.
Cryptocurrency luminaries have weighed in on Elizabeth Warren’s most recent comments origin »
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ZKSwap V2 Mainnet launch to enable unlimited token listings.
ZKSwap is a decentralized exchange based on the ZK-Rollup layer 2 scaling solution. It offers its users swap infrastructure and transactions with high throughput. The traders and liquidity providers aThe post ZKSwap V2 Mainnet launch to enable unlimited token listings appeared first on AMBCrypto. origin »
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Is this a sure-shot sign of a Bitcoin bull market.
In a surprising turn of events, Bitcoin reaffirmed its king coin status by swiftly climbing above $35K and testing the $40K mark. Now, while many might think that the aforementioned recovery is an onsThe post Is this a sure-shot sign of a Bitcoin bull market appeared first on AMBCrypto. origin »
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XRP price prediction after Ripple Labs partners with Japan’s SBI.
The Ripple (XRP/USD) price darted higher after Ripple Labs announced a major deployment of On-Demand Liquidity (ODL) service in Japan. The coin rose by more than 15%, bringing its total market capitalisation to more than $27 billion. origin »
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Why this market leader says 'that looks pretty good' for Ethereum.
Ethereum, which is the largest altcoin by market capitalization, had an interesting past week. The rally that started on 20 July after the coin bottomed out at $1,724 saw the price hike up by 25% duriThe post Why this market leader says 'that looks pretty good' for Ethereum appeared first on AMBCrypto. origin »
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ZKSwap Launches V2 Mainnet Version, Makes Foray into Cross-Chain Segment.
Leading Layer 2 DEX with AMM, ZKSwap (ZKS), will go cross-chain after v2 mainnet grand launch origin »
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Could Binance CEO Zhao Step Down, Swap In New Regulatory-Friendly Face Of Crypto?.
Binance’s CEO and founder, Changpeng Zhao, has stated that the major cryptocurrency exchange will collaborate with local regulators as it establishes Binance regional headquarters. Changpeng “CZ” Zhao Wants To Work With Regulators The CEO of cryptocurrency exchange Binance has stated that he is willing to step down as the company seeks to become a regulated […] origin »
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Bitcoin Short Squeeze Revives Trading Volume And Volatility.
After what seems like a thousand years of stability and a slight downtrend, bitcoin is back. Volatility is wreaking havoc. Trading volume seems to be picking up steam. And, more importantly, the community’s morale is climbing up. origin »
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Race cars and earn cryptocurrency with Riot Racers.
The gaming industry has grown exponentially in the past few years, and the play-to-earn gaming model is leading the way with an innovative approach that puts the gamer in the driver’s seat. PlayThe post Race cars and earn cryptocurrency with Riot Racers appeared first on AMBCrypto. origin »
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Goldman Sachs Submits ‘DeFi And Blockchain Equity ETF’ Application To The SEC.
Leading investment bank Goldman Sachs has filed an application with the United States Securities and Exchange Commission (SEC) to offer a DeFi exchange-traded fund (ETF) linked to public companies in the sector. origin »
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