The Bitcoin derivatives market was supposed to have its day in the sun last Friday, on the 26 of June 2020. Even with over 115,000 Bitcoin Options contracts expiring, the price has not budged. The largest cryptocurrency by market capitalization is still stuck in the same range between $9,000 to $10,000, unshaken for two months. ...Read More
The world of finance was shaken on March 12 when the markets started to realize the impact of COVID-19. Before the Black Swan event that engulfed most profits in the market, the cryptocurrency market had been rallying. Bitcoin, the largest digital asset that shares a strong correlation with most cryptocurrencies in the market. When the...Read More
For users who value financial privacy, cryptocurrencies have always been extremely relevant alternatives. Cryptocurrencies like Bitcoin have their origin story deep-rooted in this core ideal, clubbed with a general mistrust of institutions that wield a lot of power. Thus, the decentralized and trustless system on which all other cryptos are based on was born. Privacy...Read More
2020 was hyped up to be a monumental year for the world’s largest cryptocurrency – Bitcoin, primarily because of its third block reward halving. However, the doom and gloom of 2020 seem to have had a serious impact on Bitcoin, and by extension, the larger crypto-market. Uncertainty in the crypto-market and lockdowns due to the...Read More
The performance of XRP in the cryptocurrency market has been dull and consolidating for the past couple of days. The price of the fourth-largest digital currency was at $0.1758 and was experiencing terrible selling pressure, at press time. The violent price action in the market, however, did not interfere with the movement of crypto in...Read More
Bitcoin and Ethereum are two of the world’s largest cryptocurrencies by market cap and several BTC-backed ERC20 tokens have continued to increase and thrive on Bitcoin’s rival network. Over the past couple of years, the market for Bitcoin on the Ethereum network has grown significantly, and currently, the latter has become one of the most...Read More
A key differentiator between cryptocurrencies like Bitcoin and traditional forms of finance is that the former offers a high degree of self-sovereignty. Bitcoiners are accustomed to the phrase, ‘You are your own bank’ which was the philosophical ideal that gave way to the crypto revolution in the past decade. However, this level of self-sovereignty also...Read More
The 2020 Bitcoin bull run might mirror the 2017 bull run. While some know and understand the “Lambo and moon” memes, others have forgotten it, however, there are some that don’t relate to these words; these are the new entrants to the world of bitcoin and cryptocurrencies. These are the people that missed the 2017 bull...Read More
During the crypto rally at the beginning of the year, the Bitcoin network faced a heavy load of transactions, soaring to levels unseen since February 2018. Interestingly, this did not occasion with the price movement of the cryptocurrency. Instead, the figures for transaction fees reached a little over a two-year high around mid-May. Shortly after...Read More
Bitcoin as a financial asset has drastically grown in popularity in the past few years. As adoption continues to grow and fiat on-ramps and off-ramps become easily accessible, Bitcoin’s user base has grown and diversified significantly. The past few years saw greater institutional interest. While the Hodl culture within the community continues to be dominant,...Read More
For many cryptocurrency users, privacy continues to remain a high priority. Popular cryptocurrencies like Bitcoin enable users to not just benefit from a more secure form of ‘money’ that is immutable but also adds the added benefit of being censorship resistance. However, the past few years have seen privacy-centric cryptos such as Monero and Zcash...Read More
Over the past few years, cryptocurrencies have generated a lot of interest from institutional investors. With more regulations surrounding the digital assets market, crypto has gone fairly mainstream. However as most economies work with digital assets, there has also been a push to strengthen regulations so that cryptocurrencies do not become a safe haven for...Read More
As of 27 June, the total value supplied on the Compound protocol has hit a whopping $1 billion, signifying the sure start of a new trend – yield farming. What Compound did was fully embrace decentralization with the launch of their COMP tokens, which are governance tokens. These tokens can be used to vote on...Read More
In this week’s Bitcoin CME COT report, there is an interesting development from professional traders who have successfully pulled a 180 on their positions. This development comes at a time when there has been a tussle between the leveraged funds and the retail players [aka non-reportables]. As seen in the previous reports, the leveraged funds...Read More
Ethereum 2.0 is one of the biggest milestones of the Ethereum blockchain. As the ecosystem gears up for the re-engineering the entire ETH blockchain, a new trend was observed within the miners on the The post Anticipating Ethereum 2.0 miner balances surge appeared first on AMBCrypto. The post appeared first on AMBCryptoRead More
2020 has turned out to be quite a turbulent year. Globally markets are in a slump as a result of the pandemic and the lockdown measures imposed in most parts of the world. While governments try to rev The post For Bitcoin and crypto deep liquidity to drive institutional interest appeared first on AMBCrypto. The...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
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
The positive price performance of Elrond (ERD) in 2020 continues as the altcoin project announced new partnerships with major players in the global travel industry. Flight Payments with ERD on 600 Airlines Elrond Network CEO Beniamin Mincu announced the news of the project’s partnership with Travala and TravelbyBit – two prominent online travel agencies, via...Read More
The Bitcoin price took a hit as the new week commenced on 15 June. The largest digital asset, that was valued at $9,359.57 started losing its hold in the $9k range and slipped to a three-week low to $ The post Bitcoin’s falling price momentary, as options hold strong appeared first on AMBCrypto. The post...Read More
Bitcoin halving resulted in a 33% drop in hashrate. Government of China’s Sichuan province’s latest directive asked miners to swiftly halt all mining activities. This could result in another 10% drop The post Siberia could be a gold mine for Bitcoin miners appeared first on AMBCrypto. The post appeared first on AMBCryptoRead More
Ethereum witnessed a turbulent start in June 2020. Over the past 4 days, the second-largest token has reached as high as $253 in the charts but registered a massive pullback to $225 within 5 hours. The post Ethereum’s current price woes may soon correct itself appeared first on AMBCrypto. The post appeared first on AMBCryptoRead More
The debate on whether Bitcoin is like or unlike gold has been widely discussed and seems to be an overdone narrative. However, there have been analysts who have been trying to draw similarities and di The post Despite Bitcoin-Gold similarities, investors prefer latter appeared first on AMBCrypto. The post appeared first on AMBCryptoRead More
Remember the days when anyone with a computer could mine Bitcoin? Yes, a long time ago, before the days of ASIC, a few lucky ones did mine Bitcoins with their computers. As Bitcoin’s mining difficu The post Bitcoin mining at home yields ‘pristine BTC with more privacy’ appeared first on AMBCrypto. The post appeared first...Read More
XRP has been the third-largest coin for quite some time now, however, it might be the only major coins whose developments in the space are not reflected in its price. Ripple’s on-demand liquidity [ODL The post Ripple ODL: Bitso processes highest value of remittances in April appeared first on AMBCrypto. The post appeared first on...Read More
Asia has been called the ‘crypto-hub’ of the world for a long time now. Countries like Japan, Singapore, South Korea, and China have all recorded significant growth in the space over the past few year The post Will Asia’s tightening of crypto-regulations threaten its ‘crypto-hub’ position? appeared first on AMBCrypto. The post appeared first on...Read More
In the Bitcoin community, there are many who want financial privacy. Then there are others who seek to uproot privacy to profit off from the pseudonymous transactions executed on the Bitcoin blockchai The post Bitcoin Conundrum: scalability, privacy and surveillance appeared first on AMBCrypto. The post appeared first on AMBCryptoRead More
Warren Buffett has been a long-time critic of Bitcoin, with the investment mogul, in a recent interview with CNBC, reiterating his view on Bitcoin and other cryptocurrencies by highlighting that he be The post Buffett’s Bitcoin comments elicit backlash from the crypto-community appeared first on AMBCrypto. The post appeared first on AMBCryptoRead More
The Schnorr Signature and Taproot Softfork proposal marked a new milestone in January this year. Touted as one of Bitcoin’s most significant upgrades since its inception a decade ago, this soft fork u The post Bitcoin’s scalability woes may find relief in ‘flexible’ Taproot, Schnorr appeared first on AMBCrypto. The post appeared first on AMBCryptoRead More
As governments and regulatory bodies shift their focus onto the cryptocurrency industry, many players are now focusing on stepping up their efforts to be more mindful of local laws and regulations. Since their inception, cryptocurrencies have battled an array of narratives, such as the notion that it is commonly used by money launderers, drug traffickers,...Read More
