Bitcoin Cash proponents have been introduced to a new project built using the Simple Ledger Protocol (SLP) framework called mistcoin (MIST). The new token is essentially the first mineable implementation of colored coins on Bitcoin Cash. Mist allows participants to mine the SLP tokens “using proof-of-work to help decentralize allocation of newly minted tokens.” It...Read More
The past six months are likely to leave a lasting impact on almost all economies in the world for a few years to come. The COVID-19 pandemic and the resulting uncertainty that surrounds most markets r The post Why it makes sense for every investor to buy Bitcoin now appeared first on AMBCrypto. The post...Read More
Kate Middleton has faced media scrutiny for years now, despite what Meghan Markle fans say. The only difference is that Kate didn’t run away. Kate Middleton Faces the Spotlight Just as Much as Meghan Markle. She’s Just Better At It by CCN.com The post appeared first on CCNRead More
Investing is a serious endeavor that requires comprehensive research, experience, and reasons behind each decision. Popular cryptocurrency proponent Brandon Quittem recently decided to list 12 reasons why people should buy Bitcoin. Performance, Chaos, Curiosity Quittem firstly outlined Bitcoin’s past performance. More specifically, he referred to the last decade, where the primary cryptocurrency became the best...Read More
The sudden jump of total value locked on the DeFi platform Compound has caused a flippening event in the decentralized finance sector. The TVL on Compound surpassed MakerDao’s as of yesterday, and the gap continues expanding today. Compound Overtakes MakerDAO MakerDAO has been the predominant force for total value locked for years, according to data...Read More
Cardano has been one of the few altcoins which have successfully recuperated from the gains wiped off by the Black Thursday crash. The tenth-largest cryptocurrency by market cap has been trading close The post Cardano long-term Price Analysis: 21st June appeared first on AMBCrypto. The post appeared first on AMBCryptoRead More
The DeFi industry seems to be imploding with fresh capital. More and more money is finding its way to the Compound platform, allowing it to surpass MakerDAo in terms of total value locked. Cryptocurrency holders are looking for multiple ways to make money. The Compound Hype Train is Here A passive revenue stream can be...Read More
Chairman Jay Clayton is geared to leave the U.S. Securities and Exchange Commission (SEC) after President Donald Trump nominates him to serve as the next U.S. attorney for the Southern District of New York. With his departure, the cryptocurrency industry is hopeful that the SEC will finally approve a bitcoin exchange-traded fund (ETF). Jay Clayton...Read More
As Bitcoin continues to trudge between the $9,500 and $10,000 range, altcoins prospects may be bolstered. The king coin’s stability off-late may have irked investors but for the top-ranking coins in t The post Bitcoin’s highest correlation is with XRP, while BTC-ETH comes in fourth appeared first on AMBCrypto. The post appeared first on AMBCryptoRead More
Binance is currently the world’s leading cryptocurrency exchange by means of the trading volume. Launched in 2017, the company has managed to become a standard in the industry quickly. Despite its fast phase growing, the giant exchange launched Binance Futures, the cryptocurrency derivatives trading platform of Binance, only in September 2019. Binance Futures allows users...Read More
While Bitcoin encountered lots of turbulence in the past three years, people’s perception regarding the primary cryptocurrency has improved significantly, a recent study revealed. By comparing data from 2017 and April 2020, it concluded that more people are ready to trust it over traditional financial institutions and assets, especially after the COVID-19 pandemic. 2017 Vs....Read More
After four or five years of Bitcoin’s existence, it achieved a wider exposure from retail investors. A decade later, retail investments in the Bitcoin market are still huge. According to the latest Ch The post Bitcoin retail traders account for 96% but ‘professionals’ hold sway over market appeared first on AMBCrypto. The post appeared first...Read More
Vitalik Buterin, the co-founder of Ethereum, has recently stated that interest rates on decentralized finance protocols that are significantly higher compared to those in traditional finance come with unstated risks attached. Vitalik Buterin on High DeFi Interest Rates The co-founder of Ethereum and one of the most prominent members of the cryptocurrency community, Vitalik Buterin,...Read More
More companies are utilizing blockchain, reveals a recent study compiled by the multinational professional service network Deloitte. Interestingly, the Asia-Pacific region appears to be leading on the matter with the most use cases employing the distributed ledger technology (DLT). Blockchain Matures Deloitte surveyed nearly 1,500 senior executives and practitioners from large companies from 14 countries,...Read More
Over the past two days, Bitcoin (BTC) price maintained the same $9200 – $9500 trading area that followed its price action for quite some time. Bitcoin is known for its volatility and does not tend to stay at one place for long, or trade at a tight range of 3-4% for days already. As we...Read More
It’s been close to twelve months since we reported on the vast Simple Ledger Protocol (SLP) universe built on top of the Bitcoin Cash chain. At the time, there were 2,700 unique SLP tokens created, and that’s increased by 217% during the last year with 8,585 SLP tokens created to-date. A number of different projects...Read More
‘Elon Musk’ bitcoin giveaways continue to scam people on Youtube. Scammers have reportedly pulled in millions of dollars in bitcoin from people wanting to double their cryptocurrency. Some of them use bitcoin addresses containing the name Elon Musk, Spacex, or Telsa. Before sending money to a bitcoin address, check if it has been reported as...Read More