A new survey by the Royal United Services Institute and ACAMS seems to have ruffled a few feathers, while also strengthening few of the market’s prevailing narratives. The survey found that a majority of the respondents associated with either the government or financial institutions, private or otherwise, think of cryptocurrencies as a risk, rather than...Read More
With the world’s largest altcoin Ethereum priced above $350, at press time, major cryptocurrencies now appeared to be less conflicted with their price recovery. At the same time, Tezos and Stellar Lumens continued to improve from their weekend valuations, as a bullish market momentum resurfaced for the two altcoins. DigiByte, however, had witnessed a dip...Read More
Popular San Francisco-based crypto-exchange, Coinbase, announced today that eligible users can now earn 5% APY on their Cosmos (ATOM) held on the platform, according to a press release shared with AMBCrypto. The announcement follows the launch of staking rewards for Tezos, which were made available to customers in the U.S, U.K, France, Spain and The...Read More
Cardano showed a bearish divergence on the charts that played out in the near-term and saw the price drop toward $0.1 once more. Monero registered some selling pressure beneath an important level of support. Algorand showed signs of bullishness and could be set to register good gains in the coming days after a break out...Read More
“We simply attempt to be fearful when others are greedy and greedy when others are fearful” Warren Buffet’s quote may sound like a cliche when discussing risk management in a crypto portfolio, nevertheless, it is true. Recently, on-chain analyst @DaanCrypto suggested risk management techniques for crypto traders in a long twitter thread. Source: Twitter While...Read More
Chainlink appeared to be in a phase of consolidation, although the price could also suffer a minor drop. Cosmos was perched on a level of support, and can be expected to rise higher after breaking out of a bullish reversal pattern. Dogecoin continued to trend lower, as it has done since its huge pump in...Read More
By Rhea Kaw, Product Manager Starting today, eligible customers can easily start earning 5% APY on their Cosmos (ATOM) held on Coinbase. Cosmos Staking Rewards is now available in the US, UK, France, Spain, Netherlands, and Belgium. Customers can securely keep their assets on Coinbase and instantly trade or withdraw their holdings and rewards when...Read More
Time and again, the digital assets industry has witnessed a domino effect. In case you missed it, on 21st September, Bitcoin’s price declined by 6.46%, falling from $10996 to $10286. A little recovery was observed on the 22nd, but on the 23rd, the asset shaved another 3.82 percent. The bearish floodgates in the crypto market...Read More
Cryptocurrency exchange KuCoin’s hack has been the talking point of the week, with the culprits involved later making headlines after they tried to move the stolen crypto onto several decentralized exchanges. The hack and its perpetrators are in the news again today after Whale Alert revealed that part of the stolen funds, including a lot...Read More
This year witnessed close competition between major assets raking in great profits. However, the actors who also contributed to the smooth transfers of most major cryptos were stablecoins, which have also witnessed exponential growth in the year 2020. The total volume of stablecoins in circulation has reached $20 billion, as USDC carves a higher share....Read More
Filb Filb is arguably one of the most reputable Bitcoin traders in the field. His attention to detail is obvious, and he’s known for his precision and accuracy when charting cryptocurrencies for his audience. He’s got a following of almost 50,000 people on Twitter, while his Telegram trading journal has more than 14,000 users in...Read More
Polkadot, VeChain, and Basic Attention Token all exhibited bullish patterns or demand from buyers and could be set to surge in the near-term. However, Bitcoin’s inability to rise past $11,000 and $11,200, accompanied by a rising Bitcoin Dominance, could spell more losses for altcoins in the coming weeks. At press time BTC was trading at...Read More
The Bitcoin market surged over the weekend and in turn, helped its hard forks to also witness a brief boost in price. At press time, most alts were witnessing an attempt towards recovery but it may take sometime as the fall that was visible in Bitcoin’s market was 2.41%, which was intensified in the altcoin...Read More
While most of the coins were undergoing a period of recovery in the past few days, the enthusiasm was lacking on Litecoin’s side. The asset has been unable to carve a bit of distance from its support at $45, staying close to the price range. With a 24-hour change of -2.5%, Litecoin had a market...Read More
In what seems like a perfectly normal day in the defi landscape, another project was exploited. Andre Cronje’s gaming project – Eminence was pre-launched without his knowledge and a bug in the ecosystem was exploited that cost its users $15 million. This, coupled with low defi volumes, and a few other things indicate that the...Read More
Over the past 12-hours, Ethereum has dropped below the resistance at $360 in the charts but continues to consolidate within close proximity to $357. At press time, the asset seemed to hold its own but it might face a minor bearish pullback if the price pattern takes a decisive turn. With a trading volume of...Read More
[Featured content] The cryptocurrency industry is advancing quickly. Trends come and go, highlighting the need for fast, scalable, and developer-friendly blockchains to handle the increasing demand. It’s safe to say that 2020 is the year of decentralized finance (DeFi). The market has grown an astonishing 2000% since March as new DeFi protocols pop up daily....Read More
After three weeks of a bearish market, a few digital assets had witnessed noticeable uptrends towards the end of the third quarter of 2020. Maker, claiming its place consistently in the green zone, witnessed a price surge of almost 20 % in the last one week. The digital asset was recently in the news, as...Read More
XRP/USD – Bulls Face Tough Resistance at 100-days EMA Key Support Levels: $0.237, $0.228, $0.22.Key Resistance Levels: $0.251, $0.261, $0.271. XRP dropped beneath the .618 Fib at $0.228 last week but managed to find reliable support at the $0.22 level. From there, it rebounded as it pushed back above the 200-days EMA to reach the...Read More
Comparison between Bitcoin and the U.S dollar is an unavoidable plot in the current financial industry. With the increased interest in the Bitcoin market, the asset is currently more defined and credible than in the past and its movement has often been the bud of many discussions. With the U.S dollar index recently rising, an...Read More
Twitter chief Jack Dorsey is not letting up on his Bitcoin (BTC) and blockchain evangelism, describing the novel tech as the future of the microblogging platform. Twitter on the Blockchain Appearing at the Oslo Freedom Forum 2020, Dorsey remarked: “Blockchain and bitcoin point to a future, and point to a world, where content exists forever,...Read More
Disclaimer: The following article attempts to analyze the emerging pattern in the XRP short-term market and its impact on price. The third-largest crypto, XRP has reported a surge in price over the weekend. This could also be seen in the Fibonacci retracement levels marked for the given period. The coin’s chart shown below marked the...Read More
The International Blockchain Monetary Reserve (IBMR), a microfinance economic development agency, today launched what it claimed to be the world’s first “microequity” exchange – MESE.io. According to a press release sent to AMBCrypto, the platform, which runs on the Algorand blockchain protocol and ChainUP’s cloud exchange technology, will allow users to trade global tech stocks...Read More
The owner of a cryptocurrency exchange has been recently convicted in a transnational scheme of defrauding people through an online auction fraud. Court says the scam reached a multi-million dollar scale. At Least 900 Americans Victimized As per a recent report, people who suffered from the fraud were probably more than 900 American citizens. According to...Read More
B2BinPay helps merchants to integrate into the crypto community. Experience innovations! B2BinPay: a convenient and beneficial crypto-to-fiat gateway solution The up-to-date world is undergoing significant changes. According to statistics, 29% of people globally are ready to cease using fiat currencies. The crypto era is coming; hence, merchants need to be prepared for the boom. Cryptocurrencies...Read More
Binance Coin shed value in early September but the bulls were out in force as they drove the price steadily upward. IOTA showed a strengthening upward trend and Zcash showed signs of bullishness in the near-term. Most altcoins, including IOTA and ZEC, have been trending downward since August, so their bullish momentum might be short-lived....Read More
Lately, there seems to be a lot of good news when one looks at the on-chain metrics for Bitcoin. Earlier the price briefly moved above $11K but fell back down to $10,700 as of Tuesday morning – the price moving seemingly in tandem with the stock market. Bitcoin: Glassnode Network Index Source: Glassnode As per...Read More
The Aave Money Market DeFi protocol is now about to be more decentralized than ever. In an announcement published on its official blog on 25th September 2020, the team reported on the successful launch of the Aave Governance on the mainnet. This means that users of the protocol will now be able to vote on...Read More
One is called the difficulty ribbon, and it has just broken out of the green buy zone for the first time since March in terms of compression. The metric was reported by analytics provider Glassnode, which added that historically, these had been periods characterized by a positive momentum indicating significant price increases. #Bitcoin Difficulty Ribbon...Read More
Bitcoin surged briefly to $10,900 but faced selling pressure and dropped back to $10,690 at press time. This drop also caused major altcoins to face a minor, yet quick drop. Bitcoin Cash dropped from $230 to $225 but showed bullishness in the near-term. Dash experienced a drop but it was likely to be followed by...Read More
