Ambcrypto News
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Home Altcoin hype will soon die off, claims Kraken's Jesse Powell
In a recent interview, Jesse Powell, CEO of Kraken, opened up about the initial difficulties faced by the exchange and expressed his opinion on the current paradigm of cryptocurrency markets. Central banks have always been reluctant to coordinate with digital asset corporations. The risk and uncertainty attached to these entities outweighed its potential. During the interview, Powell...
- 6 hrs ago
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Home Liquidity the biggest hurdle to new product releases: Bybit's Zhou
In a recent interview, CEO of crypto-derivatives exchange, Bybit, Ben Zhou, was asked about the challenges of running an exchange, Bybit's present processes and its plans for the future. Bybit was launched in March 2018 and it has since become one of the most popular exchanges for cryptocurrency derivatives trading. According to Zhou, it took eight months to write the code...
- 7 hrs ago
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Home CFTC believed Bitcoin Futures could pop 2017 bubble: Former CFTC Chairman
As governments across the globe ease up on crypto-regulations, former CFTC Chairman Christopher Giancarlo featured on the latest edition of the Unchained podcast to contrast existing market conditions with the direction needed by the crypto-space to attain mass adoption. Giancarlo also spoke about how the government had been vigilant about Bitcoin's growth, right from...
- 8 hrs ago
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Home Bitcoin Options volume registers weekly low, but sentiment remains bullish
Bitcoin's derivatives market entered the frame back in 2017. However, 2019 saw the most significant growth in terms of institutional interest. With the launch of Bakkt's Bitcoin Futures, profitability in the market was observed as trading activity scaled new all-time-highs in the market. Over the past few weeks, Bitcoin's price has undergone major price...
- 9 hrs ago
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Home Blockchain must offer significant improvements over existing systems: Report
Recently, ConsenSys published the Singapore Blockchain Ecosystem 2019 report, a report which addressed the nation's blockchain landscape. The .@ethereumJoseph in his chat with @bbcnews' Sharanjit Leyl at @sgfintechfest. has announced the Singapore Ecosystem Report. This 1st joint public-private review of the sector was delivered with support from @IMDAsg,...
- 10 hrs ago
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Home Monero, other privacy coins among least-used coins on darknet
Bitcoin's prominence as an uncensored asset became public after it powered the initial boom of emerging darknet marketplaces such as the Silk Road. Cedric Dahl, CEO of 1000x, featured on the latest edition of the What Bitcoin Did podcast to share his insights on Bitcoin's initial adoption drive and its position as a market neutralizer. Highlighting the cryptocurrency's...
- 11 hrs ago
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Home 182 million Bitcoin longs face liquidation on BitMEX with pre-weekend volume spike
Bitcoin's markets are what crypto-Twitter would call "boring" right now. The price of Bitcoin is consolidating, moving sideways for more than 17 days. However, an interesting thing to observe over the last seven days is the spike in trading volume on Fridays across exchanges like Coinbase, BitMEX, Binance, and even Deribit. According to...
- 12 hrs ago
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Home Ethereum could breach symmetrical triangle to climb to $197 soon
The Ethereum network has seen ETH drop in value quite frequently over the last few months. However, the cryptocurrency seems to be attempting to regain past losses, and was valued at around $184, at press time. According to CoinMarketCap, it had a market capitalization of nearly $20.3 billion, and a daily trading volume of almost $7.5 billion at the time of writing. ETH also saw a...
- 13 hrs ago
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Home Litecoin's Charlie Lee addresses FUD around possible delisting post-MimbleWimble
While the developers of Litecoin have been looking forward to the implementation of MimbleWimble, the community seems to be expressing its fears of coming under the scrutiny of regulators citing the Financial Action Task Force's [FATF] travel rule. This rule obligates exchanges to record and disclose data pertaining to transactions. Since this is against the...
- 13 hrs ago
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Home Bitcoin against the world; centralized finance and gold get angry
Bitcoin brings together scores of people. Cryptographers interested in a new wave of technology, free-market utilitarians bent on a new method of wealth distribution, and libertarians seeking freedom from government tyranny. Its opposition also stands united. Traditional market purists fearing disruption, crony-capitalists wanting to maintain status-quo, and governments not...
- 14 hrs ago
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