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 month of May was filled with volatility as the price of Bitcoin kept swinging constantly. Despite the sell-off in the market, the value of BTC remained above the $9k resistance. While the first da The post Bitcoin, Ethereum perpetual contracts on Binance register growth 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
On 25 May 2020, when Goldman Sachs announced that they were going to host a call involving Gold, Inflation, and Bitcoin, a sense of exhilaration ran wild in the crypto-community. When the instituti The post Goldman Sachs’ Bitcoin opinion will change with time appeared first on AMBCrypto. The post appeared first on AMBCryptoRead More
Despite a surge at the beginning of the year, Bitcoin Cash’s price action and trading volume have been struggling to gain momentum. It was currently being traded at $247. After weeks of consolidation The post Is Bitcoin Cash ready to break out above $300? appeared first on AMBCrypto. The post appeared first on AMBCryptoRead More
Over the past 24-hours, certain altcoins noted steady inclines, but a break away from the overall bearish trend seems unlikely. Cardano, Steem, and Algorand, collectively improved their valuation but The post Cardano, Steem, Algorand unable to sustain rally appeared first on AMBCrypto. The post appeared first on AMBCryptoRead More
XRP’s price, despite a minor upside break, has failed to breach any significant resistances. In 2019, XRP was one of the worst-performing assets among the top ten cryptocurrencies by market cap. This The post XRP in for another negative breakout as 200-moving average resists upswing appeared first on AMBCrypto. The post appeared first on AMBCryptoRead More
After the last halving on 9 July 2016, Bitcoin peaked by 2,875% towards the end of 2017 and since then, people have been speculating about its next peak, especially in light of its upcoming halving. The post After Bitcoin halving, Stock-to-Flow model will unwind elevated levels of clarity appeared first on AMBCrypto. The post appeared...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
Bitcoin, the world’s largest cryptocurrency, seems to be gaining steam as the much-anticipated block reward halving approaches. While many did expect Bitcoin to surge to new heights by this time, the The post Bitcoin’s weekly surge leaves EOS, BAT behind in its wake appeared first on AMBCrypto. The post appeared first on AMBCryptoRead More
After lagging behind Ethereum for most of April, Bitcoin turned up the heat in the last week of April after the world’s largest digital asset ended up as the best performing crypto-asset in the indust The post Bitcoin fees note 170% hike as market health turns green on multiple fronts appeared first on AMBCrypto. The...Read More
Ethereum and Tezos – The two altcoins have been making a lot of headlines lately. While ETH is making waves with its ETH 2.0 upgrade, Tezos has been in the news lately for becoming the biggest staking The post Is Ethereum at the risk of being outperformed by Tezos? appeared first on AMBCrypto. The post...Read More
Bitcoin’s recent foray under $4000 created a bearish ripple effect that was felt across the digital market industry. The world’s largest cryptocurrency dipped under the aforementioned range for the The post Bitcoin’s MVRV ratio, SOPR’s slip may highlight strong hodlers’ presence appeared first on AMBCrypto. The post appeared first on AMBCryptoRead 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
The sudden change in market sentiment pumped the price of Bitcoin over its psychological $9k barrier and like the pied piper it is, the rest of the crypto-market followed its lead. Ethereum [ETH], the The post Ethereum’s top holders begin accumulation; market suspects boost in value appeared first on AMBCrypto. The post appeared first on...Read More
Ethereum, like Bitcoin, is stuck with its price trying to decide which way to move. The brutal sell-off that began on February 24 ended with most altcoins dead in the water. ETH rose 126% since 2020, The post Ethereum at crossroads: 11% surge Vs. multiple bearish scenarios appeared first on AMBCrypto. The post appeared first...Read 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
On 24 February, Bitcoin’s price underwent a similar trend it has familiarized the market with. The price of the world’s largest cryptocurrency, in terms of market cap, started to ascend towards the The post Bitcoin longs worth $23 million liquidated as high volatility creeps in appeared first on AMBCrypto. The post appeared first on AMBCryptoRead More
A tale of two halves – Bitcoin Futures market edition. On 22 February, Bitcoin stayed flat. The reason this nonchalant movement bears significance owes to how the week started, with the coming of t The post Bitcoin Futures stall early as market springs a surprise 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
The prophecized golden cross is clearly taking its time to kickstart the rally. At press time, BTC was worth $9,670, slightly higher than last week’s close [$9598]. On the weekly time frame, Bitcoin’s The post Bitcoin’s potential rally depends on its pullback; $9,075 or $9,600? appeared first on AMBCrypto. The post appeared first on AMBCryptoRead More
The world of regulators has been itching to regulate cryptocurrencies and device a solution to avoid any economic “threat” that comes with it. Development announcements made by countries like China, Singapore, Japan, and Thailand concerning centrally-backed digital currencies are seen by many as a way to contain this “threat” posed by crypto. However, even though...Read More
Bitcoin recorded its fifth-largest hourly price drop in its history on 19 February. This fall slashed its price from $10,214.98 to $9,573.74, a significant drop as the coin’s price was once again restricted under the $10k resistance. A similar drop was recorded when Bitcoin was at its peak in 2017, following which the price plunged....Read More
The crypto-market’s bullish rally has been collectively sour over the past week after major crypto-assets registered significant drops. Bitcoin went below the $10,000 level again and considering the fact that the world’s largest crypto-asset usually plays a major role in other assets’ movement, certain mid-cap assets were analyzed to understand the level of impact felt...Read More
Unregulated Futures exchanges, exchanges that boast of higher volumes than their American counterparts, have taken a beating as Bitcoin remained locked in the $9,700 range. The three top Bitcoin Futures exchanges – BitMEX, OKEx, and Huobi, saw their volumes and open interest dip. Earlier in the week, Bitcoin had broken into its golden cross, climbing...Read More
After breaching its psychological resistance of $0.30 on 13 February, XRP registered a largely bearish period till 20th February, with the third-largest token depreciating by 24.68 percent over 48-hours. XRP went down to $0.261 on 20 February but at press time, the crypto-asset had managed to stabilize at $0.274. According to CoinMarketCap, the asset’s valuation...Read More
Ethereum‘s 12.43 percent drop on 19 February led to an unexpected slump from $283.82, all the way down to $252.14. Major support levels at $274.81, $270.84, $262.10, all turned to become resistance for a brief period. The pullback continued till 12:00 UTC on 20 February, after which the price underwent some recovery. According to CoinMarketCap,...Read 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
IOHK introduced an important update on 20 February as an intermediary step before launching the Shelley era functionality on the Cardano mainnet. The team announced the successful implementation of its Ouroboros BFT hard fork that replaced the original consensus protocol Ouroboros Classic [Byron Era]. @Cardano, the twitter handle of Cardano Community, informed, “We have now...Read More
The Cardano network update scheduled for 20 February will be an enhanced consensus mechanism, Ouroboros BFT. A median step between the current Byron era and Shelley, the network upgrade allows staking feature on Cardano’s mainnet. Binance announced support for the upgrade and noted that no new token will be created during this. It added: “Deposits...Read More
