In just a few months’ time, Bitcoin will see what is known as a halving, a once-every-four-years event which sees the asset’s inflation cut in half, skewing the supply-demand dynamic in favor of bulls. This cyclical event previously marked the start of some of the crypto market’s parabolic rallies, during which the price of BTC...Read More
The past few days haven’t been kind to the crypto markets. After peaking last week, market leaders Bitcoin, Ethereum, and Ripple’s XRP and smaller altcoins saw their values tank. XRP, unfortunately, was hit especially hard, perhaps because it has seen an especially strong rally over the past eight weeks. The asset was hit so hard...Read More
The month of February has been great for altcoins, with many smaller cryptos seeing intense upwards momentum that has allowed some to set fresh all-time highs, while others post significant gains against Bitcoin. This upwards momentum seen amongst many altcoins has led investors and analysts alike to grow increasingly keen on finding the next altcoin...Read More
Following the latest G20 meetings in Riyadh, the Group of 20 Finance Ministers and Central Bank Governors have urged countries to implement FATF standards on cryptocurrencies and other virtual assets. The post G20 Finance Ministers reiterate need for evaluation before ‘global stablecoins’ launch appeared first on AMBCrypto. The post appeared first on AMBCryptoRead More
Bitcoin and the aggregated cryptocurrency market have incurred some notable upwards momentum overnight, allowing many altcoins to surge and put some significant distance between their recent lows. This momentum, however, may be short-lived as analysts closely watch to see how Bitcoin’s dominance over the market reacts to a key level, as a bounce at its...Read More
Bitcoin and the aggregated cryptocurrency market have incurred some notable upwards momentum overnight, allowing many altcoins to surge and put some significant distance between their recent lows. This momentum, however, may be short-lived as analysts closely watch to see how Bitcoin’s dominance over the market reacts to a key level, as a bounce at its...Read More
With Bitcoin’s price increase in 2020, so does the interest in futures trading. A few days ago, for instance, CME recorded one of its best trading days with over $1 billion in daily volume. Other significant names in Bitcoin Futures trading, including BitMEX and Binance, are also noting impressive volumes lately. CME Bitcoin Futures Volume...Read More
Euro Pacific chief Peter Schiff says bitcoin is in a bubble and will crash to $3,000 before spot gold surges to that level. He’s wrong. The post Peter Schiff Says Bitcoin Will Hit $3,000 Before Gold Does. He’s Wrong. appeared first on CCN.com The post appeared first on CCNRead More
It has been almost two weeks since the Trinity wallet attack, which has seen IOTA’s transaction coordinator halted. The fiat on-ramp was exploited by a hacker who leveraged the vulnerability to access IOTA’s Trinity wallet software, which was integrated with MoonPay. From there, funds were stolen from Trinity wallet users, with total losses believed to...Read More
A tale of two halves – Bitcoin Futures market edition. On 22 February, Bitcoin stayed flat. The reason this nonchalant movement bears significance owes to how the week started, with the coming of t The post Bitcoin Futures stall early as market springs a surprise appeared first on AMBCrypto. The post appeared first on AMBCryptoRead More
Bitcoin’s total supply gets distributed among more addresses as its network matures over time. At the same time, some notable altcoins have up to 95% of their total supply held by several large addresses. This information came from a report gathered by the popular monitoring resource – coinmetrics. By examining numerous variables of data, the...Read More
Top cryptocurrency by market capitalization, BTC has started a surprise price recovery which many believe is the continuation of its January bull run. According to stats on CoinmarketCap, bitcoin gained as much as 4 percent over the last 24 hours to touch around $9,900 as of the early hours of Sunday. Bitcoin Nearing $10K This...Read More
XRP increased by a small 3% over the past 24 hours as it rebounded at $0.27 to climb back above $0.28. This price increase is driven by Bitcoin making its way back toward $10,000. Against Bitcoin, XRP reversed at 2820 SAT as it battles to climb back above the 100-days EMA. Key Support & Resistance...Read More
The Schnorr Signature and Taproot Softfork proposal marked a new milestone in January this year. Touted as one of Bitcoin’s most significant upgrades since its inception a decade ago, this soft fork u The post Bitcoin’s scalability woes may find relief in ‘flexible’ Taproot, Schnorr appeared first on AMBCrypto. The post appeared first on AMBCryptoRead More
Following the huge price dump last Wednesday, we saw Bitcoin trading in the tight range between $9550 and $9750 until a few hours ago, where the primary cryptocurrency had decided to fire some engines towards a critical resistance level. As of writing these lines, Bitcoin is testing the $9900 – $10,000 resistance. As mentioned in...Read More
Over the past day, the crypto market has effectively flatlined. Per data from CoinMarketCap, Bitcoin has gained 0.12% in the past 24 hours, and Ethereum has shed 0.6%. Despite this consolidation, there are signs that the market is about to break out after Saturday’s non-action, most likely in the upward direction. A Breakout is Building...Read More
Bitcoin has once again started to show signs of recovery. In the past hour, the price of the leading cryptocurrency has exploded higher, from the daily low around $9,650 to as high as $9,040, a jump of 3%. While this move has not yet been sustained on a weekly basis, analysts say that this recovery...Read More
While Bitcoin and crypto is largely a movement to disempower institutions and to put power back in the hands of regular people, there has been a space-wide focus on getting institutions involved in this industry. The thesis with this antithetical move is that institutional involvement in cryptocurrency: the world’s biggest firms and investors dabbling in...Read More
Even though Dogecoin started its life as a memecoin, the fun tongue-in-cheek nature of the coin attracted many from the crypto community, which is the reason why DOGE is still among the high market cap coins. If you are also looking to get your hands on some DOGE and need proper storage options, then continue...Read More
Ethereum, despite what some readers may think, did not see a positive 2019. In fact, the cryptocurrency plummeted, actually registering a yearly loss in 2019, dramatically underperforming Bitcoin’s gains of nearly 100%. This meant that the market for ETH/BTC fell off a cliff, with the price of one Ether falling as low as 0.016 BTC...Read More
