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Monero is up 30% over the past week; what are the major factors behind its upsurge?

Monero (XMR), the biggest privacy-focused cryptocurrency by valuation, increased from $44 to $58 in the past seven days by a staggering 30 percent. Behind its abrupt increase in price are an all-time high hashrate, Coinbase CEO Brian Armstrong’s optimism towards anonymous cryptocurrencies, and Monero’s strong technology that allows for real anonymity. дальше »

2020-1-8 15:27


Ethereum rules the roost in terms of loans issued; figures cross $150 million mark in Q2 of 2019

The use case of cryptocurrencies has been the claim to fame for the industry and some parameters are already reflecting that ideology. Major digital assets like Bitcoin and Ethereum have been in the news multiple times this year, not just because of their price hikes and an increase in market caps, but also for the […] The post Ethereum rules the roost in terms of loans issued; figures cross $150 million mark in Q2 of 2019 appeared first on AMBCrypto. дальше »

2019-7-13 16:00


KuCoin responds to allegations over discrepancies in trading volume; issues buy-back initiative for KuCoin shares

Singapore-based cryptocurrency exchange, KuCoin was called out for discrepancies in their trading volume, and a bonus was issued to KCS holders. KuCoin released a statement with regard to this and listed “major causes” for these mismatches: “The average trading fee rate per account dropped as we have seen an increase in premium account holders that […] The post KuCoin responds to allegations over discrepancies in trading volume; issues buy-back initiative for KuCoin shares appeared first on AMBCrypto. дальше »

2019-7-1 01:30


Crypto Analysts are Bullish for XRP: Predicting it will Reach $7 in the Coming Weeks to Months

The positive sentiment for XRP is strong, with a number of major players in the crypto space declaring some rather bold projections for its price to significantly increase in the near future. Namely, prominent crypto identity, Sir Gordon Gekko, tweeted his prediction on May 28th that XRP will soon reach $7-$10 based on the similar […] The post Crypto Analysts are Bullish for XRP: Predicting it will Reach $7 in the Coming Weeks to Months appeared first on AMBCrypto. дальше »

2019-6-24 21:30


After Bashing Bitcoin, Gold Bug Peter Schiff Praises Minimal Gains of Precious Metals

Peter Schiff has been a major critic of the cryptocurrency industry as long as its been around, putting his faith in gold. Recently, Schiff decided to celebrate a miniscule gain for gold, posting to Twitter after gold passed $1,400 per ounce for the first time since 2014. The rally, which was a 25% increase from […] дальше »

2019-6-22 17:48


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Testnet for “The Sun” Network Officially Launched: Tron Is Ready to Scale

Although Tron has not undergone any major price changes recently, the development of its infrastructure continues inexorably. Following the launch of The Sun Network testnet scheduled for May 30, on June 11, 2019, the Tron Foundation announced a series of projects that will serve to increase Tron scalability through side-chains. дальше »

2019-6-12 20:56


A $130 Million Shorts Liquidation May Have Supercharged Bitcoin Price to $9,000

By CCN: On May 27, the bitcoin price surged from $8,000 to $8,939 on major exchanges such as Bitstamp and Coinbase, achieving a new high for 2019. Key catalysts behind the abrupt increase in the bitcoin price within a short time frame remain unclear; some have suggested the overall improvement in sentiment around the crypto market and an increase in demand from retail investors. дальше »

2019-5-27 17:27


Binance Rings Crypto Bear Death Knell with $71 Million Q1 2019 Profit

By CCN. com: Across major markets, the bitcoin price has increased by 28 percent in the past month from around $4,000 to $5,000, recording its first large spike in value since December 2018. Possibly due to the general improvement in sentiment surrounding the cryptocurrency market, Binance has recorded a relatively large profit in the first quarter of 2019. дальше »

2019-4-16 14:04


Shock Survey: 94% of Endowments ALREADY Invested in Crypto Industry

By CCN: While bitcoin bears gleefully proclaim that Wall Street will never embrace crypto, the evidence shows that major institutional investors already have. Survey: 94% of Endowments Have Exposure to Crypto Industry Global Custodian and The TRADE Crypto in partnership with BitGo found in a survey that 94 percent of 150 endowments invested in crypto initiatives in the past year amidst an intense bear market. дальше »

2019-4-15 19:05


Tesla Stock Plunges After EV Titan Abandons $4.5 Billion Gigafactory Expansion

Tesla stock just can’t seem to catch a break. The latest shock? The Elon Musk-led firm and Panasonic abruptly shelved plans to expand the $4. 5 billion Gigafactory 1 in Nevada. Tesla Stock Suffers Another Major Setback Already the largest EV battery plant in the world, Tesla and Panasonic had planned to expand Gigafactory 1 by a staggering 50% to 54GWh by 2020. дальше »

2019-4-12 17:37


Bitcoin Price Abruptly Drops 4%, 12 Hours after Fresh 2019 High at $5,450 – Here’s Why

On April 10, the bitcoin price achieved a new 2019 high at $5,450 in major markets including the U. S. , accompanied by an increase in demand for bitcoin from accredited investors. Consequently, the premium of the Bitcoin Investment Trust (GBTC), a regulated bitcoin investment vehicle overseen by Grayscale, a cryptocurrency investment company with $1. дальше »

2019-4-11 13:27