AMBCRYPTO News
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Home Ethereum: Is the HODLing in yet?
When it comes to the altcoin market, the past few months have shown how important a cryptocurrency Ethereum is. With DeFi growing substantially in 2020, the gains have been felt by ETH in many ways. While ETH has miles to go before it can challenge the market cap and dominance of Bitcoin, its remarkable growth thanks to DeFi and the proposed ETH 2.0 shift cannot be overlooked. With Ethereum's use cases...
- 2 hrs ago
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Home Here's why Bitcoin's 'distracting' volatility actually helps
Bitcoin's use-cases have evolved quite a bit over the past decade. For many investors, the right amount of exposure to the crypto-market and assets like Bitcoin can be extremely useful as a hedge, especially when compared to traditional assets like the S&P, Gold, etc. Compared to the latter assets, Bitcoin has also been able to deliver fairly lucrative returns. In fact, at...
- 6 hrs ago
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Home Chainlink to power TrustSwap SmartLock and SmartEscrow products
After its initial token launch in June, TrustSwap, a smart contracts payments platform announced in a blog that Chainlink's Price Reference Data - its decentralized oracle network - had been integrated with TrustSwap's SmartLock and SmartEscrow products in order to determine fees associated with token-locking services. TrustSwap believed that Chainlink's ETH/USD...
- 24 hrs ago
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Home Ethereum under pressure from DeFI; Can Bitcoin capitalize?
2020 saw Ethereum [ETH] briefly take over Bitcoin's lead in the market. However, this growth was the result of the boom witnessed by the decentralized finance [DeFi] ecosystem. According to data provided by Skew, the price volatility of Ethereum and Bitcoin are converging. The converging spread of the Ether-Bitcoin 6-month at-the-money [ATM] Implied Volatility had dropped to 7.5%,...
- yesterday
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Home Dissatisfied miners in China want to fork Filecoin
Multiple mining groups in China have announced that they will fork Filecoin's blockchain as they claimed to be dissatisfied with mining rewards, according to a report in Sohu.com, a Chinese media company. Moreover, the announcement has come just weeks before Filecoin's mainnet launch in October. With regard to the fork announcement, Weiping Han, Chairman of MIX group, a Filecoin...
- yesterday
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Home Bitcoin SV long-term Price Analysis: 18 September
Disclaimer: The following price prediction should not be taken as investment advice as it is the opinion of the writer. The market of Bitcoin SV is clinging onto Bitcoin at the moment. As Bitcoin sustained its position above $10,900 for the time being, BSV also appeared to maintain close proximity to the resistance at $165. However, time is running out for both Bitcoin and Bitcoin SV, and for...
- yesterday
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Home By 2024, EU will put in place a comprehensive framework on DLT, crypto-assets
Members of European Union have decided to make use of distributed ledger technology and adopt crypto-assets such as stablecoins, by 2024, in order to introduce new regulations to make cross-border payments cheaper and quicker according to two EU documents received by Reuters today. According to the report, this move from the European Commission was a strategy to...
- yesterday
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Home Blockchain Capital joins Libra Association as its new member
San Francisco-based venture firm, Blockchain Capital has joined Facebook's Libra Association to make its network of experts and industry heads available to advise on the Association's creation of a 'global payment system,' according to an announcement today. Libra's head of policy and communications, Dante Disparte, said in the release that their new member,...
- yesterday
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Altcoins Binance Coin short-term Price Analysis: 18 September
Disclaimer: The following price prediction should not be taken as investment advice as it is the opinion of the writer. Just like Bitcoin, Binance Coin has been holding its own at the top of the recovery curve over the past week. Without undergoing a significant drop, Binance Coin has retraced from the support at $26 but failed to attain a position above $29. With sideways movement pretty...
- yesterday
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Home Cryptopia hack: liquidators to begin repatriation of assets to 900k account holders
Hacked crypto exchange Cryptopia's assigned liquidator, Grant Thornton New Zealand shared an update that Cryptopia account holders will soon be able to register to claim their trapped crypto funds, which in total is worth nearly $100 million. The claims registration process is said to open by the end of the year, however, the release did not mention the...
- yesterday
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