Here's what the IRS should know - Bitcoin is not just money

The cryptocurrency industry has been developing at quite a fast pace and this has helped change the outlook of investors and governments around the world about crypto. Although it will be naive to sayThe post Here's what the IRS should know - Bitcoin is not just money appeared first on AMBCrypto. дальше »

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Here's why Ether lacks Ethereum's pace

Digital assets are not taken lightly any longer. Many businesses are forming around it and the use of blockchain and crypto is developing every year. Now Bitcoin and Ethereum are the flag bearers but The post Here's why Ether lacks Ethereum's pace appeared first on AMBCrypto. дальше »

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$50B Worth of Crypto, Mainly Tether, Are Used for Capital Flight Out of China: Chainalysis

Blockchain analytic firm, Chainalysis, has released a new research report which indicates that crypto assets estimated at approximately $50 billion have been sent to other destinations around the world from China. дальше »

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Qtum hits new year-to-date high as price surges by 30%

QTUM/USD reached a new local high of $5.40 before retracing to around $4.55 Qtum...

The post Qtum hits new year-to-date high as price surges by 30% appeared first on Coin Journal.

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Meet The Restaurant Owner Who Moved His Business Reserves To Bitcoin

Like small- and medium-sized business owners around the world, Ali Hamam was hit hard by coronavirus. But then he turned to Plan B. The post Meet The Restaurant Owner Who Moved His Business Reserves To Bitcoin appeared first on Bitcoin Magazine. дальше »

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Another March-Like Deep Crash in Bitcoin Price ‘Unlikely’ with Selling Pressure Declining

Since hitting a new 2020 high, last seen 13-months back in early July 2019, Bitcoin is back to ranging, currently around $11,700 in line with declining volume. Bitcoin’s failure to sustain above $12,000 level and the latest round of losses has the market worrying about a repeat of the March sell-off that saw the largest […] дальше »

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Bitcoin And Libra Can Coexist With CBDCs, Says Former Reserve Bank Of India Governor

With more central banks around the world studying the issuance of their own digital currencies, Bitcoin and Libra could still find a purpose to be part of a future when money becomes purely digital. That’s according to Raghuram Rajan, former governor of the Reserve Bank of India. дальше »

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Here’s What Top Analysts Think About Bitcoin After It Corrected 7%

Bitcoin has not performed well in the past 24 hours. After peaking at $12,400 on Monday, the leading cryptocurrency’s price action has rapidly reversed. As of the time of this article’s writing, BTC trades for $11,800 — around $600 before the local highs. дальше »

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Forum Topics on First HashCon 2020 & New Infrastructure Mining Summit in China’s Chengdu Revealed

Bitcoin finally broke the resistance zone of $12,000, ETH transaction fees are also skyrocketing with the price of moving tokens around on the Ethereum blockchain continuing to balloon, China’s Sichuan has encouraged blockchain companies to help consume excessive hydroelectricity in the rainy season, Filecoin mining is in full swing now…… The excitement of making aRead MoreRead More. дальше »

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Chainlink is now the 5th largest crypto in the world thanks to LINK marines

Chainlink (LINK) price rose nearly 5% today to return to the group of the five largest cryptocurrencies in the world by market value. LINK’s price advanced over ninefold year-to-date, with a market cap of around $6 billion. дальше »

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Comptroller of the Currency: Crypto phenomenon cannot be ignored

Cryptocurrency phenomenon is growing around the world, and while the US resisted for much longer than anyone would have expected, it started joining the trend, as well. The biggest evidence of this was the recent decision to allow US banks to offer crypto custody service. дальше »

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HashCon 2020 & New Infrastructure Mining Summit to be held from Aug 22- Aug 23

Bitcoin finally broke the resistance zone of $12,000, ETH transaction fees are also skyrocketing with the price of moving tokens around on the Ethereum blockchain continuing to balloon, China’s The post HashCon 2020 & New Infrastructure Mining Summit to be held from Aug 22- Aug 23 appeared first on AMBCrypto. дальше »

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Citibank Mistakenly Sends $175 Million to Hedge Fund, Cryptocurrency Users Empathize

Citibank has mistakenly wired upwards of $175 million to a hedge fund that is declining to return the money. The bank intended to pay Brigade Capital Management around $1. 5 million in interest payments on a loan that it made to the troubled cosmetics company Revlon. дальше »

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Why An Analyst Thinks Litecoin Is “One of the Better Bearish Plays”

After a multi-year bear market, Litecoin (LTC) has finally begun to move higher over recent days. The asset has gained around 20% since the lows of last week at approximately $55. While there are many arguing that LTC has momentum, one analyst says that Litecoin is one of the “better bearish plays” in the crypto […] дальше »

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CEX.IO Crypto Exchange Makes CryptoCompare’s Top-10

The international cryptocurrency exchange CEX. IO made it into the CryptoCompare top 10 July 2020 report, with an overall A grade. The CryptoCompare Exchange Benchmark rating evaluates over 165 exchanges around the world on aspects like adherence to regulations, platform security, liquidity, asset diversity, senior management team, API connectivity stability and performance, and number of negative […] The post CEX. дальше »

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98% of All Bitcoin Is Now Worth More Than When You Bought It

At around $12,000, buying Bitcoin has been a profitable activity on 97.6% of all days since April 2013, data confirms.

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Here’s Why Bitcoin’s Hash Rate Has Dropped Around 10% In the Past Day

Although Bitcoin is a decentralized technology, the mining of the cryptocurrency is somewhat centralized in China. Per some reports, around two-thirds of all mining machines are based in the country, concentrated in the river regions where electricity is cheap. дальше »

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After 80% Surge in a Month, Ethereum’s Rally Is at Risk: Here’s Why

Ethereum has embarked on a stellar rally over the past few months. Since the March lows, the asset has gained around 400%, rallying from ~$90 to $425, where it trades as of this article’s writing. дальше »

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Questions Remain Around The OCC Decision To Allow Banks To Custody Crypto

The recent ruling that U.S. banks can custody bitcoin means that the rules have changed — we just don't yet know exactly how. The post Questions Remain Around The OCC Decision To Allow Banks To Custody Crypto appeared first on Bitcoin Magazine. дальше »

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Skyrocketing Debt Is Creating A Economic Problems; ‘Worst in my Lifetime’ Says Legendary Investor, Jim Rogers

James Beeland Rogers Jr. , a marquee trader, and investor said in an interview with The Economic Times that the extreme debt offered around the world could see the worst economic downturn in his life yet. дальше »

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Bitcoin Bull Market ‘Confirmed’ Says PlanB as RSI Repeats 2016 Halving

Excitement is building around Bitcoin's price as history appears to repeat itself and analysts recall the start of its run to $20,000 all-time highs. дальше »

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Bitcoin price is set to explode if it hits $13k

Bitcoin price spent the past few weeks struggling to reach and breach the resistance at $12,000. Traders around the world kept an eye on the coin and its performance ever since it moved from $9. дальше »

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Aave price is up nearly 3,300% higher since April. Here’s why

Aave (LEND) price is trading around 100% higher in August, totalling gains since April to nearly 3,300%. One of the key reasons behind the spectacular ascendance in Aave price is the new “Aave V2” protocol. дальше »

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Bitcoin Is Up 45% Since the Halving: Is There More Upside on Its Way?

Bitcoin has performed extremely well over recent months, despite the dismal macroeconomic outlook. As of this article’s writing, BTC trades for $12,400, up around 4% in the past 24 hours. This is the highest the cryptocurrency has traded at this year. дальше »

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What Analysts Think Comes Next After Chainlink’s (LINK) 20% Drop

Prior to today, Chainlink (LINK) was seemingly on an unstoppable uptrend. The asset recently hit a new all-time high price of $20, around 1,000% higher than the lows of the March capitulation crash. дальше »

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Bank of England ready to discuss CBDC on tomorrow’s meeting

Banks around the world are considering implementing digital currencies as part of their business. However, the majority of those that do, do not wish to use existing, decentralized coins that cannot be controlled. дальше »

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Why Bitcoin Price Could Be On The Verge Of Another Catastrophic Drop

While many analysts are still pointing to more upside for Bitcoin’s price in the coming months, a popular indicator suggests that the current top is already in. The analyst who goes by the moniker of ‘CryptoWhale’ alerted his followers on Twitter of transactions by big market players involving 400,000 BTC being moved around in the […] дальше »

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Hackers Move $5.8 Mln in Bitcoin from Coins Stolen in 2016, Ignoring Bitfinex Offer of Reward for Returning BTC

The malefactors who "relieved" Bitfinex exchange of around $72 mln four years ago have moved another BTC lump worth $5.8 mln to a new crypto wallet, Whale Alert says дальше »

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Blast From the Past: Bitcoin Following Black Thursday “Supercycle”

Bitcoin price has just today set a new high for 2020 and is showing no signs of slowing down. However, as greed reaches extreme levels and ROI is stacking across the board, could the cryptocurrency see a surprise correction? According to a chart that first debuted around Black Thursday, this latest high will result in […] дальше »

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Chainlink Just Flash Crashed 20%: Here’s What’s Next For LINK

Chainlink (LINK) has finally undergone some price weakness after a record-setting rally. The asset plunged 20% in the span of 30 minutes according to data from TradingView. com. The asset moved from just shy of its local highs at around $18. дальше »

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Binance Records All-Time High In System Traffic As Bitcoin Gains $11 Billion

Leading cryptocurrency exchange Binance has reported a new record high of system activity. The exchange’s CEO Changpeng Zhao says the current activity is greater than that of December 2017 around which time Bitcoin reached its all-time high price of roughly $20,000. дальше »

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Will Ethereum’s Strong Weekly Close Be Enough to Propel It Higher?

Ethereum has been hovering between $420 and $430 for the past few days, with the resistance found around $450 sparking a prolonged consolidation phase The cryptocurrency has been unable to extend its recent upwards momentum after facing a rejection at this level This has pointed to some underlying short-term weakness, although its long-term outlook remains incredibly bright Analysts are now noting that the token may be well-positioned to see significantly further upside after it sees […] дальше »

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NetCents to power cryptocurrency transactions for XTM card programs

NetCents, a cryptocurrency payments technologies company, today announced that it has entered into a partnership with XTM, Inc. , a Toronto-based Fintech company in the challenger banking space, providing mobile banking and payment solutions around the world, to enable cryptocurrency payments and loading of payment cards. дальше »

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Amazon Stock Up 0.80%, AMZN Is on Verge of Breaking Out From Its Month Long Consolidation

Coinspeaker Amazon Stock Up 0. 80%, AMZN Is on Verge of Breaking Out From Its Month Long ConsolidationAmazon stock is likely to see a new ATH or drop, after consolidating around $3176 for the past month. дальше »

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Litecoin surges 4.5% to outpace top 10 coins

Litecoin is trading at around $64.56, up nearly 4.5% in the past 24 hours,...

The post Litecoin surges 4.5% to outpace top 10 coins appeared first on Coin Journal.

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Litecoin Gets Bullish Speculation, at Last, as Upgrade Approaches

"The upcoming privacy upgrade would leave litecoin valuations around all time highs," one industry analyst said. дальше »

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This Should Be the Start of the Next Full-Blown XRP Bull Run: Analyst

XRP has been performing well over recent weeks, shaking off the multi-year bear market that it went through. Since the start of July, the leading cryptocurrency has gained around 50% against the dollar, outperforming Bitcoin. дальше »

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Numeraire to begin Coinbase Pro trading on August 18th

On August 17th Coinbase Pro will begin inbound transfers of Numeraire, with full trading to begin the following day. Numeraire is the token that powers Numerai, a hedge fund that crowdsources machine learning to make investments in stock markets around the world. дальше »

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Analysis: There’s Likely Only $3.5b Locked in Ethereum DeFi, Not $6b

When analysts try and gauge the success of Ethereum’s decentralized finance projects, they often look to the “total value locked” metric. Just today, the metric, up around 1,000% since the start of 2020, surpassed $6 billion for the first time ever. дальше »

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Bitcoin Cash, Tezos, Ethereum Classic price analysis: 16 August

With all the buzz around Chainlink's and Bitcoin's rapid rise and consolidation, respectively, other resurgent and dampened altcoins have been left out of the limelight. Bitcoin Cash, the hardfork of The post Bitcoin Cash, Tezos, Ethereum Classic price analysis: 16 August appeared first on AMBCrypto. дальше »

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Here’s the Level Bitcoin Traders Should Be Watching for the Weekly Close

Bitcoin’s weekly candle close is coming up. It is set to take place in around two hours after this article’s publishing time. BTC is trading flat in the past 24 hours, having found support in the $11,800 region. дальше »

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Ethereum Price Falters Around $430 as ETH2 Testnet Experiences Outage

Ethereum’s price has begun to falter after surging higher late last week. The cryptocurrency trades at $430 as of this article’s writing, which is a few percent below and a few percent above the local highs and lows, respectively. дальше »

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Ethereum Faces a Critical Weekly Close as Bears Shatter Key Support

Ethereum has been struggling to maintain its momentum ever since it peaked within the $440 region The cryptocurrency is now trading right around a crucial support level that bears were able to shatter overnight Bulls are now moving the reclaim the cryptocurrency’s position above this level Whether or not it can hold above this level as its weekly close fast approaches should provide investors with significant insight into its near-term outlook Analysts are noting that […] дальше »

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US Regulator Charges Tech Firm, CEO in $5 Million ICO Fraud Case

The United States Securities and Exchange Commission (SEC) jointly charged Virginia-based Boontech and CEO, Rajesh Pavithran for fraud and registration violations. The charges stem from an initial coin offering (ICO) that raised $5 million from 1,500 investors around the world in exchange for Boon Coins. дальше »

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Analyst: This Massive Bull Flag Could Send XRP Flying Towards $1.00

XRP has been hovering around the $0. 30 region for the past couple of days, with its price breaking back above this level after an extended bout of trading beneath it. The cryptocurrency’s price action in recent weeks has been somewhat mixed, with its rally from the lower-$0. дальше »

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Ethereum Slides to Crucial Support Level as Analysts Eye an Emerging Bull Flag

Ethereum posted a massive breakout yesterday that allowed it to put a firm end to the bout of sideways trading that it was previously experiencing The cryptocurrency is now attempting to stabilize within the mid-$400 region It is important to note that $450 does appear to be a resistance level, as this is around where its momentum faltered during its recent push higher One analyst is now noting that $430 is a crucial support level […] дальше »

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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 […] дальше »

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Chainlink Is Currently Having Its Pump and Dump Moment, Says Crypto Whale

Chainlink is a crypto project that has been hitting the headlines of late. The crypto recently surged by a huge margin before slowing down to trade at around $18. At the moment, Chainlink is number 5 on the chart according to CoinMarketCap. дальше »

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Tezos (XTZ) Could Soon See a 100% Rally as Analysts Watch Bullish Trends

Tezos has seen some relatively strong price action over the past couple of weeks, but the uptrend it incurred around this time last week is starting to stall. It appears that the resistance laced throughout the mid-$4. дальше »

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Can Bitcoin take over corporate treasuries in 2020?

With 2020 proving to be a year quite unlike any, there is a lot of debate around how cryptocurrencies can emerge quite successfully amidst the extreme uncertainty that has taken over the economy. For The post Can Bitcoin take over corporate treasuries in 2020? appeared first on AMBCrypto. дальше »

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