Several altcoins are closely treading along Bitcoin’s price movements, had witnessed a return of buying sentiment, pushing the price above key support levels during the last week of September. At press time Bitcoin was being traded at $10,860 after having noted a 1.1 percent hike in the past 24-hours. Source: CoinStats After a massive price...Read More
Even though Tether [USDT] had been the popular choice among cryptocurrencies with a large fraction of supply share, other stablecoins have all been witnessing growing prominence. Among these was Dai, created via the Maker Dao stablecoin system and USDC. Although the use of Dai was mainly limited to the Defi ecosystem it has been witnessing...Read More
In a somewhat unexpected turn of events, the United States Commodities and Futures Trading Commission has pressed charges against the owner-operators of BitMEX for illegally running a cryptocurrency exchange and failing to comply with anti-money laundering regulations. As CryptoPotato reported earlier today, this had an immediate impact on Bitcoin’s price, which dropped by as much...Read More
The premier cryptocurrency was trading near $10,612 at the time of writing and is also representing a roughly 4% decline over the past 24 hours, according to data from trading view. Prices dropped by nearly $300 in just minutes, but have bounced slightly at the time of writing; but BTC price fell roughly by $500...Read More
Fueled by strong buying momentum all three altcoins Cardano, Monero and Ontology gave appreciable returns to their investors during the last 48 hours. Monero was poised for a fresh ATH in its bullish run, while Cardano and Ontology witnessed positive uptrends helping the digital assets with price recovery. Cardano [ADA] Source: ADA/USD on TradingView According...Read More
Scaling project SKALE Network, which aimed to ease traffic and lower transaction costs on the Ethereum blockchain, today announced the launch of its Phase 2 mainnet according to a release emailed to AMBCrypto. The mainnet has an estimated capacity of over 1,000 decentralized elastic SKALE chains, each with a throughput of the entire ETH Blockchain...Read More
Bitcoin, defi, or crypto in general, is a very volatile market. Depending on how acquainted one is with the market, there are opportunities to make huge profits. This article is, in sorts, a continuation of the article that talks about risk management in crypto trading. Bitcoin and bubbles The crypto market serves a wide variety...Read More
Bitcoin’s price was advancing relatively well over the last couple of days but now things took a turn for the worst. The cryptocurrency went on to lose more than $400 of its value, at the time of this writing, in less than an hour. It was trading at almost $10,900 before plunging down to where...Read More
Tezos Stable Technologies (StableTech), the nonshareholder foundation for DeFi on Tezos has received investment from blockchain-focused VC firm Draper Goren Holm, according to a report published today. The amount of funds in question was not mentioned in the announcement. However, back in 2017, Tim Draper, the namesake of the VC firm had invested in the...Read More
A beginning of a new month may change the look of the market for most cryptocurrencies. Especially now that we have kicked-off the final quarter, the anticipation for a rally or a dump may become visible. To gauge the market, volatility also plays a role, while a lack of it indicated consolidation, the presence meant...Read More
XRP/USD – Bulls Struggling To Break 100-days EMA Resistance Key Support Levels: $0.236, $0.228, $0.22.Key Resistance Levels: $0.251, $0.61, $0.271. Since rebounding from $0.22 last week, the bulls managed to push higher and reach the resistance at the 100-days EMA at around $0.245. Unfortunately, the buyers have failed to break this resistance over the past...Read More
Today October 1, transfer BAL and REN into your Coinbase Pro account ahead of trading. Support for BAL and REN will be available in all Coinbase’s supported jurisdictions, with the exception of New York State and the U.K.. Transfers are now open. One of the most common requests we receive from customers is to be...Read More
The cryptocurrency market has entered the final quarter of the year and the anticipation in the market for a price swing has been high. The Ethereum market didn’t just want to witness a boost in the price but also demanded a decrease in the network’s transaction costs. However, after looking into the hype-driven ETH market,...Read More
U.S Commodity Futures Trading Commission (CFTC) filed a civil enforcement action against crypto exchange BitMEX’s co-founders Arthur Hayes, Ben Delo, and Samuel Reed and accused them of operating an “unregistered trading platform” and for violating CFTC regulations which includes breaking the anti-money laundering rules, according to a 40-page complaint published by the CFTC today. According...Read More
The IOTA Foundation announced the launch of IOTA Access, an open-source DLT framework for building policy-based access control systems and enabling pay-per-use functionalities at the edge. IOTA Access, a project which was three years in the making, is designed to bring fine-grained access control to any machine, device, or building without relying on a centralized...Read More
ADA/USD – Bulls Rebound From 6-Month-Old Rising Trend Line Key Support Levels: $0.1, $0.095, $0.087.Key Resistance Levels: $0.105, $0.114, $0.12. Cardano dropped from $0.125 in early September to initially reach the support at $0.087 (.5 Fib). The coin eventually penetrated beneath this level as we moved deeper into September and it headed lower into the...Read More
Blockstack PBC, the first company with an SEC-regulated cryptocurrency (STX), is joining forces with Chainlink to integrate Chainlink as the preferred oracle solution for the Blockstack and Algorand-supported Clarity smart contract language. Blockstack CEO, Muneeb Ali, indicated that this was clearly their top choice when thinking about Oracles for Stacks 2.0, stating that, “Stacks 2.0 is a...Read More
In a recent tweet, the popular Bitcoin proponent and permabull Mike Novogratz explained the reasons for which he got into it. He also said that if BTC’s price reached $100,000, he would donate most of his profits to charity. Mike Novogratz and Why He Got into Crypto and Bitcoin One of the things that make...Read More
Bitcoin has seen a considerable surge as of today and is up 2% in the last 24 hours. Based on buyers, the price could hit $11,000 $11,100 or crash down to $10,700. The sellers could drive it as low as $10,300 too. Today’s short-term price analysis takes a look at bitcoin on an hourly time...Read More
Cryptocurrency financial services company Diginex Limited will be listed for trading on Nasdaq starting today. The statement outlined that the listing became possible after Diginex completed a “business combination transaction” with a special-purpose acquisition company (SPAC) dubbed 8i Enterprises Acquisition Corp. Diginex stock went live on Nasdaq Thursday morning under the ticker symbol “EQOS, which...Read More
The growing trend of cryptocurrency staking has reached the multi-asset platform eToro. The company announced today that it will launch a staking service this month. The first two assets available will be Cardano (ADA) and TRON (TRX). eToro To Enable Crypto Staking Cryptocurrency staking requires the investors to “lock” a certain amount of coins based...Read More
The multi-asset, regulated platform, eToro has announced today that it will introduce its new staking service for Cardano (ADA) from this month onwards, according to a release emailed to AMBCrypto. The move comes after the IOHK led Cardano blockchain also introduced its own staking pools that also had IOHK incentivize Cardano holders to begin staking...Read More
Almost $20M of the $281M worth the tokens drained from the KuCoin exchange are already sold on decentralized exchanges (DEX). This is the standpoint of London-based blockchain analysis provider Elliptic. DEXs Were The Only Route For The Hackers According to a recent report, KuCoin hackers have sold $17.1 million of the $281 million in...Read More
[PRESS RELEASE – Please read disclaimer] CryptoLocally, a P2P exchange providing a fiat gateway to DeFi assets, announced that it will be listing its native token GIV on Balancer, one of the top decentralized exchanges, with a USDC/GIV liquidity pool at 13:00 UTC, October 1st In its earlier announcement, CryptoLocally stated that it commenced its...Read More
A swirl of bullish momentum was seen in the entire crypto market as each of the top 15 cryptocurrencies recorded gains in the last 24 hours. For COSMOS and DASH, the rally displayed impressive bullish sentiment, while Chainlink displayed bearishness, as its recovery attempt to gain positive momentum remained rather sluggish. Chainlink [LINK] Source: LINK/USD...Read More
Twitter CEO Jack Dorsey has openly criticized Coinbase CEO Brian Armstrong following a recent controversial post urging employees of the exchange to steer clear from political discussions. Dorsey, however, believes that the whole purpose of the cryptocurrency field is social activism. Armstrong Highlights The Coinbase Core Mission In a post shared over the weekend, Armstrong...Read More
Is the era of the transparent Monero approaching? The United States government hopes so. After several days of waiting, the IRS finally granted a contract to Chainalysis to develop a tool that will allow authorities to track privacy coins like Monero and second-layer solutions like Lightning Network. Cracking Monero is an Expensive Task According to...Read More
Disclaimer: The following article attempts to analyze the emerging patterns in the EOS short-term market and its impact on the price. The month of September saw cryptos mostly consolidating or recovering from the sudden sell-offs. Most major cryptos have been able to recover positively over the past week, EOS has also been seeing its price...Read More
A final series of testnets has been activated for the Beacon Chain stage of Ethereum’s Serenity roadmap, but one called ‘Spadina’ has been a failure. This has set the stage for the next testnet called ‘Zinken.’ Spadina Failed on Finality The three-day Spadina testnet was one of the final dress rehearsals for the real thing,...Read More
Despite briefly dipping to $10,660, Bitcoin has slightly increased in value since yesterday and trades above $10,800. At the same time, Ethereum has spiked by about 2% to above $360, while more volatility is evident from lower and mid-cap altcoins. Bitcoin To Above $10,800 After an unsuccessful attempt to conquer $10,800 yesterday, Bitcoin headed south...Read More
