Crypto exchange Kraken’s Chief Security Officer, Nick Percoco, announced the release of four new security enhancements, on the Kraken platform that will be made available to all the exchange’s customers from today. Percoco further detailed the security updates in four different features named: Security Shield, Security Checkup, Device Approvals, and Device Management, with each step...Read More
Chainlink continued to fall on the charts as Bitcoin showed signs of bearishness. Tron’s market was controlled by bears and TRX was likely to go lower, however, it did show a bullish divergence that might play out in the coming hours. IOTA also had a bearish outlook, as most of the crypto market bled after...Read More
Cuy Sheffield, senior director and head of crypto at Visa said in a report today that the global payment network, Visa, was advancing its work on its cryptocurrency payment technology and that it would incorporate blockchain tech into its operations. Although the Visa executive did not mention a specific timeline for the project, he added...Read More
MakerDAO vault holders who lost about $2.5 million during Black Thursday will not receive any compensation following a governance vote that ended on Tuesday. While decentralized finance (DeFi) continues to garner attention, issues like the type suffered by the MakerDAO project earlier in the year continue to plague the market as a whole. MKR Holders...Read More
Attackers behind the LockBit Bitcoin ransomware have released some of the data stolen from a U.S based firm called Skyline, which organizes trade shows and exhibitions, according to the “Information Leaks” Telegram channel. Media reports did not mention whether the company had paid the ransom to retrieve the data or the funds involved. 182,719 files...Read More
XRP looked ready for a fall in price as it traded just above a level of support that might not hold firm. It also caused a stir when 500 million XRP had been moved from Chris Larsen’s wallet, but he immediately responded with an explanation. Stellar’s market was dominated by bears. Zcash was also bearish...Read More
This week saw increased volatility in the crypto market, not only due to the expiry of Bitcoin contracts but also because of the expiry of Ethereum contracts. Nearly 460,000 ETH options are set to expire on Friday that made up for almost $450 million in open interest. This will be the largest expiration date for...Read More
Huobi has released its native crypto trading, mobile app for the Russian market according to a release shared with AMBCrypto today. With this move, users in Russia can now access Huobi’s mobile trading app on both iOS and Android. In recent news, Russia passed new regulations on crypto-trading and mining stating that it would not...Read More
Volatility and fear have been making up the crypto market at the moment. While Bitcoin [BTC] looks at another crash owing to the stock market, the remaining market has also been suffering. This present state of the market has put the best performers in the market, small-cap assets, in the worst-performing category, while BTC leads...Read More
By Surojit Chatterjee, Chief Product Officer In order to scale our business and fulfill our vision of increasing economic freedom in the world, we need the ability to do more with our resources. That’s why we’re creating a new Platforms team across our Product and Engineering orgs, and have hired two exceptional leaders for this...Read More
Disclaimer: The following price prediction should not be considered as investment advice. While the majority of the altcoins always follow Bitcoin‘s market trail, some of them have lately followed their own path. Chainlink is a prime example. For a brief window, Tron was performing really well on its own and lately, it has been Binance...Read More
The Mining industry in Venezuela now has its own regulatory framework. The National Superintendence of Cryptoactives and other Related Activities published on Monday the “Providence that regulates the activities related to the use, import, commercialization of Digital Mining equipment.” The legal instrument appeared in Official Gazette No. 41,969 and is already in effect. It would...Read More
Around four months ago the crypto winds started blowing towards defi. The total value locked up in defi-related protocols increased from about $1 billion to $10 billion. Although a lot of this hype began after Compound’s Comp token, there was a new bubble – it was the governance protocol/token bubble. Source: Defipulse Defi aka decentralized...Read More
Several crypto firms and DeFi angels have invested in Dune Analytics, a Norway-based, Ethereum data analyzing firm, which raised $2 million in a seed round according to an announcement today. The funding round was led by Dragonfly Capital and other VCs like Multicoin Capital, Hashed, Coinbase Ventures, Alameda Research, Coingecko, and the Digital Currency Group among...Read More
Ethereum formed a bearish pattern that could take the price beneath $300 in the next few weeks. The scenario of the crypto market, in general, was bearish, with the likelihood of further losses. Tezos showed no signs of reversing the downtrend and was set to plummet further. Dash slipped beneath a crucial level of support...Read More
XRP dropped by 4.5% over the past week as it trades at $0.232 today. The coin returned to the support at the .618 Fib Retracement, which supported the market in early September. Against Bitcoin, XRP is attempting to keep itself above the 2200 SAT level. XRP/USD – Market Returns To Early September Support Key Support...Read More
[Featured Content] Decentralized Finance (DeFi) took the crypto field by a storm in 2020. The total value locked in various DeFi protocols is just under $10 billion, at the time of this writing. If this doesn’t sound impressive, consider the fact that this number was just about $570 million in March. In other words, the...Read More
[PRESS RELEASE – Please Read Disclaimer] Imagine an emergency where the funds you need to pay are available ‘only in crypto’. Your loved one’s life is at stake but you’ve got a little fiat to pay and very less time to sell your crypto for fiat and then pay for the service.! Horrible, Right.!? That’s...Read More
Physically settled BTC Futures on Bakkt are 322% higher relative to the July 2020 level. The average daily volume is $36 M. Source: Skew Open interest increased 197% over the past two months and the growth of physically settled BTC Futures is proportional to the same. Physically settled BTC futures on Bakkt were the first...Read More
MicroStrategy’s recent purchase of $425 million worth of Bitcoin rapidly grasped the community’s attention. More specifically, people wonder if, what, or how much was the impact on BTC’s price and different theories emerge frequently. Take-One: MicroStrategy Buys BTC The large NASDAQ-listed company providing business intelligence, mobile software, and cloud-based services purchased its first batch of...Read More
Cardano has dropped out of the top 10 rankings and now has a market cap of $2.52 billion. With a 13% decline in the last week, the price might have a chance to rebound in the short-to-medium-term. Cardano 4-hour chart ADA didn’t rebound as mentioned in the last article, however, this is due to bitcoin...Read More
With Bitcoin dropping down to $10,406 at press time, other altcoins were hardly finding any market momentum to facilitate a recovery. Litecoin, Vechain, and Ontology were all under a period of bearish pressure as the assets began to consolidate at a lower range. Litecoin [LTC] Source: LTC/USD on Trading View Litecoin’s high correlation with Bitcoin...Read More
Another crash in the Bitcoin market and the largest crypto sunk back to $10k. Even though last week’s recovery effort strengthened the BTC network, it was not enough to keep the value intact. This falling value also contributed to the falling of BTC held on major exchanges. The BTC deposits on exchanges began to decline...Read More
Bithumb, the major cryptocurrency exchange in South Korea, is reportedly up for sale following the numerous recent police raids. Bithumb Holdings To Sell Its Stake According to a recent report, Bithumb Holdings, a company that owns 74% of Bithumb Korea, is promoting a sale of the cryptocurrency exchange. The file reads that Samjon KPMG is...Read More
Bitcoin and gambling would seem to go hand in hand on the face of it. A cryptocurrency that is unregulated and almost anonymous would surely be popular for those looking to place bets without too many prying eyes. And yet, somehow, this hasn’t quite manifested into a reality. But why is this, and what advantages...Read More
While discussing two popular investment terms on Twitter, Social Capital CEO Chamath Palihapitiya said that his early Bitcoin investment is his best bet. The former senior executive at Facebook also hinted that he has been “sizing up” more bitcoins since his initial purchase years ago. Batting Average Vs. Slugging Percentage The Canadian-American venture capitalist took...Read More
NOWPayments, cryptocurrency payment gateway, is thrilled to support UNI! In the spirit of this development, let us present a complete and thorough guide on this token and the project behind it! Uniswap is the leader in the decentralized exchange space. It is quite popular among DeFi enthusiasts as well as with many crypto traders. It...Read More
After celebrating its first birthday earlier this month, Binance Futures has announced a new milestone. The derivatives trading platform of the leading cryptocurrency exchange Binance has exceeded $1 trillion in trading volume since the start of the year. Binance Futures Reaches $1T Trading Volume YTD Launched a year ago, Binance Futures rapidly started expanding its...Read More
Disclaimer: The following article attempts to analyze the emerging pattern in the Bitcoin Cash short-term market and its impact on price. The movement of Bitcoin Cash has been heavily influenced by Bitcoin given its strong correlation as a forked asset. The strong correlation between the two has led BCH to follow BTC’s lead while sharing...Read More
An Ethereum proposal that could effectively change the fee market mechanism by burning a little ETH for every transaction made is under the spotlight. Ethereum network fees are currently calculated in an auction-like mechanism that works by having everyone submit their bid for how much they’re willing to pay to have their transaction picked up...Read More
