Bitcoin’s recent bullish crossover resulted in the escalation of its price by 7% and crossing the $10k hurdle. With a rising price, the overall active addresses on the Bitcoin network noted a steady rise, with large addresses, with a balance of at least 1/1k of the total BTC supply, holding about 11% of the total...Read More
Following Bitcoin’s relative stability around the $10,200 price mark, the cryptocurrency had suddenly crashed to $9,200 in a matter of just 50 minutes. This sudden crash comes a day after Bitcoin was making an impressive increase of $700, ranging from $9600 to almost $10,300. Today, shortly before 22:00 UTC, Bitcoin had lost almost $1,000 of...Read More
Ethereum’s recent price action has been closely tied to that of Bitcoin in the time since it faced a rejection at its recent highs of $290, with its inability to further extend its parabolic uptrend signaling that bulls may not be as strong as they were previously thought to be. Further adding to this bearishness...Read More
Currently, there are five endpoints for ODL transactions in existence which include USD, PHP, AUD, MXN and EUR along with five corridors [USD-MXN, USD-PHP, AUD-PHP, AUD-USD, and EUR-USD]. However, there could be 20 ODL endpoints by the end of the year 2020, according to FlashFX’s Chief Enabling Officer, Nicolas Steiger. FlashFX is the only licensed...Read More
On Tuesday, the crypto market mounted a strong recovery, with the prices of Bitcoin, Ethereum (ETH), and other digital assets strongly bouncing off the weekend lows. At Tuesday’s local peak, BTC was trading 8.4% higher than the weekend low of $9,500. And Ethereum had rallied some 20 or so percent from the weekend low. While...Read More
Ever since cryptocurrencies gained popularity as an asset class, tax regulations surrounding it have been problematic and complex for most users. While the US has taken proactive steps to bring greater clarity with regard to the regulatory and compliance-related aspects of crypto, the intricacies of compliance and the consequences of failing to comply remain a...Read More
On Monday, February 24, transfer KNC into your Coinbase Pro account ahead of trading. Support for KNC will be available in Coinbase’s supported jurisdictions, with the exception of New York State and the United Kingdom. Per previous launches, transfers will open during business hours, Pacific time. On Monday, February 24, we will begin accepting inbound...Read More
Towards mid-day of Wednesday, February 19, 2020, CEO of Binance cryptocurrency exchange, Changpeng Zhao (CZ) announced unscheduled system maintenance that Binance was undergoing. And due to the said maintenance issues, trading activities were said to have been paused until further notice. As at the time of writing this piece, the undescribed maintenance effort was still...Read More
Tether, the company behind the most widely-used stablecoin, has minted over $60 million worth of USDT. It’s interesting to see if this will have any positive impact on Bitcoin’s price, given the fact that the infusion comes right after BTC surged upwards of $700 in 24 hours. 60,000,000 New USDT Minted Earlier today, the popular...Read More
The on-demand liquidity [ODL] platform, introduced to ease and fasten cross-border remittance problem by Ripple, has been expanding globally. Ripple has on-boarded another bank through its RippleNet member Nium. Nium, formerly recognized as InstaReM, announced a partnership with Banco Topazio on 18 February. The digital cross-border payments platform announced that it has “put the finishing...Read More
According to a tweet from the CEO of Binance, Changpeng Zhao, the well-known cryptocurrency exchange has suddenly paused its trading due to what is being called “unscheduled maintenance.” The tweet did not explain much more than that, but Binance has been facing issues for the past few weeks, infuriating their users. Due to the nature...Read More
Today, a news report from Reuters has mentioned, once again, that the blockchain industry continues to develop at an unprecedented speed, and that regulators need to get themselves caught up to speed, or risk behind left behind in the dust. In fact, the report suggests that many of the world’s Central Banks are becoming increasingly...Read More
Bitcoin has found some notable stability above $10,000 following yesterday’s massive rally that allowed BTC to surmount the resistance it was facing between $9,600 and $10,000. Its recent bounce does suggest that bulls have some significant strength. The course of its recent uptrend has also allowed the cryptocurrency to build some technical strength, and analysts...Read More
Today, we will be looking into the historical price trends of SIA and several market predictions in order to project a Siacoin price prediction for February 2020. Siacoin Overview Siacoin is a decentralized cloud storage system that was first unveiled at HackMIT 2013 Hackathon. The storage solution platform was officially launched in June 2015. Source:...Read More
Are the stars aligning for another bitcoin bull market? History suggests big things happen when bitcoin achieves a golden cross formation. | Image: shutterstock.com Bitcoin’s golden cross is a sign that a strong bull market is likely on the horizon. Statistics reveal that bitcoin may post a new all-time high in six months. Analysts believe...Read More
Bitcoin is re-entering its golden hour, and the futures market is in awe. On February 18, Bitcoin’s bullish rally of 2020 was set in stone, with the cryptocurrency realizing its Golden Cross. The market effects of this cannot be overstated, especially because the last time Bitcoin entered the cross, the price ballooned by over 90...Read More
Leading cryptocurrency exchange, Binance has suspended almost all of its services, including trading, withdrawal, and deposits, to conduct unscheduled system maintenance, according to an official announcement from the exchange. The message on Binance, as of writing these lines Binance Futures Not Affected As per the notice, the services that have been paused are “deposits, withdrawals,...Read More
Tezos remains the 10th largest cryptocurrency by market cap following its rally during the last few weeks. Triangle breakout signals a recent price increase for Tezos across trading pairs. Technical MACD is bullish as XTZ reclaims important resistances on the way up. XTZ/USD: Tezos Set For New Rally After Breaking Monthly High Key Resistance Levels:...Read More
Once upon a time, when someone mentioned foreign exchange trading, one usually thought of traveling. Further, when people travel outside the borders of their country, they exchange their domestic curr The post The Basics of Forex Trading and Forex Brokers: A Guide appeared first on AMBCrypto. The post appeared first on AMBCryptoRead More
The leading cryptocurrency exchange in the United States, Coinbase, has been approved as the very first “pure-play” crypto-related company to become a Visa principal member. Supposedly, this would allow the exchange to further improve its customer experience. Coinbase Becomes Visa Principal Member According to an official release, the San Francisco-based cryptocurrency exchange has managed to...Read More
The Irish High Court ordered an alleged drug dealer to forfeit $56 million worth of Bitcoin to the Criminal Assets Bureau (CAB). The decision came after the Court ruled that Clifton Collins purchased the digital asset with his drug profits. Over 5,500 BTC Forfeited A local news outlet reported earlier today that Clifton Collins from...Read More
Etheruem rebounded and increased by 5% over the past 24-hours to return into the 2020 high at $287. Over the past few days, ETH dropped into support at $237, where it bounced higher again. Against Bitcoin, ETH clocked a fresh 2020 high above 0.028 BTC. Key Support & Resistance Levels ETH/USD:Support: $250, $237, $222.Resistance:$287, $300,...Read More
Venue: Olympia Conference Centre, London Dates: 1st & 2nd July 2020 Europe’s leading Blockchain for Business Summit returns on the 1st and 2nd July 2020 at Olympia, London. Over 1,000 senior decision-makers and 200 visionary speakers will come together for the 4th year of the event. Given the seniority of the audience and the significance...Read More
Coinbase becomes a Visa principal member Coinbase becomes the first pure-play cryptocurrency company to receive Visa membership. Today we’re announcing that Coinbase has become the first pure-play crypto company to be approved as a Visa principal member. Visa membership will enable us to further improve the customer experience, making it easier to spend cryptocurrency in...Read More
A quick recap of the recent price action: Following a bloody weekend after rejecting from the $10500 resistance level, the current 2020 high, Bitcoin had dropped to its weekly low at $9467 (Bitstamp). This is not a coincidence, BTC had accurately reached our marked lower descending trend-line that follows Bitcoin’s price action since January 3rd,...Read More
As the price of Ripple’s XRP struggles to climb higher heights, it appears holders keep seeing more reasons to worry. Actually, Sale of XRPSale of XRP While this highly controversial annual event causes panic in the long term, it appears XRP’s parent company is not the only XRP whale dumping the coin on the market....Read More
With the Bitcoin halving event just three months away, the community is ready for a bull run. Though skeptics suggest the halving has already been priced in, many market participants have made contrasting opinions. While the truth is likely somewhere in between these two views, it could be beneficial to look into the supply distribution...Read More
2019 was an important year for the digital asset industry, with not only the cryptocurrency market doing well, but talk of CBDCs marking a milestone for the industry too. In a recent interview, Mati Greenspan, Founder of Quantum Economics, touched upon CBDCs, as well as the events that may drive up Bitcoin‘s price in 2020....Read More
