AMBCRYPTO News
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Home FTX launches spot margin trading after UI lag fuels liquidations
Popular crypto-derivatives exchange FTX was in the crosshairs earlier today after UI outages contributed to severe consequences for a few traders in the market. According to a series of 1) FTX and the market today:— FTX - Built By Traders, For Traders (@FTX_Official) November 26, 2020 function catchException() {try{ twitterJSDidLoad(); }catch(e){}}, FTX was delayed in sending...
- 37 min ago
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Home Binance Coin short-term Price Analysis: 26 November
Disclaimer: The findings of the following article are the sole opinion of the writer and should not be taken as investment advice Binance Coin, like many altcoins, has suffered first-hand, yet again, at the hands of Bitcoin's volatility. Due to a drop of ~$2,200 on Bitcoin's price charts starting 12:00 UTC, 25 November, altcoins have been shedding blood. In fact, Binance Coin...
- 3 hrs ago
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Home OKEx announces impending reopening of withdrawals
After a month of confusion and wariness, OKEx users have finally received the response they have waited for. A few days after popular crypto-exchange OKEx announced that following an investigation done by the authorities, OKEx was "confirmed not to have been involved in any wrongdoing or illegal activities," the exchange has now announced the re-launch of its withdrawal services from...
- 6 hrs ago
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Home Coinbase cries 'false' as it pre-empts NYT story alleging racial discrimination
A day after popular crypto-exchange Coinbase announced that it will be suspending margin trading in light of recent regulations, the exchange is in the news again after a statement revealed that the New York Times is planning to publish a "negative story" about Coinbase in the next few days. According to Coinbase, the New York Times story will allege that...
- 7 hrs ago
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Home Fire breaks out because of a Bitcoin mining farm in Russia
A cryptocurrency mining farm has caused a fire to break out in an apartment in St. Petersburg in Russia, which injured a 35-year-old owner of the rig. The press services of the Ministry of Emergencies told local media that the cause of the fire was because the owner did not install a cooling system for the crypto mining equipment. The mining operator who operated the rig from his...
- 18 hrs ago
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Home Libra association appoints Saumya Bhavsar as general counsel of Libra networks
Libra Association, the independent member organization, which is overseeing Facebook's Libra project, has appointed Saumya Bhavsar as General Counsel of Libra Networks, which is a wholly-owned subsidiary of the Association- according to a new update published on 25 November. T he Libra Network manages the operations of the licensed Libra payment system. ...
- 18 hrs ago
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Home Bitcoin Cash Long Term Price Analysis: 25 November
Disclaimer: The findings of the following article attempt to analyze the emerging patterns in Polkadot's short -term market and its impact on the price Bitcoin's hard fork, Bitcoin Cash has been surfing through various resistances and has appreciated in value. Currently, the asset's value reached $336.62. However, the current price is the result of a drop in the market witnessed...
- 20 hrs ago
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Home US intelligence chief concerned about Chinese dominance in cryptocurrency
US Director of National Intelligence John Ratcliffe wrote a letter to US SEC Chairman Jay Clayton earlier this month about concerns pertaining to the Chinese influence over cryptocurrencies. According to a report from the Washington Examiner Ratcliffe even offered to have the senior economic intelligence officials brief Clayton on the matter. For now, the SEC has not...
- 20 hrs ago
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Home Data clarifies why 2020 is a defining year for Bitcoin
The entire asset class is tied together. Whenever Bitcoin rises there is a certain inevitability of other altcoins rising along with it. It happened in 2017 and now it is happening in 2020. Over the past 8 weeks, Bitcoin has been on a climb, accelerating through multiple resistance, while other assets like Ethereum have followed suit. With Bitcoin teasing at another all-time high,...
- 20 hrs ago
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Home What's driving Bitcoin's spectacular bull run, and here's why it matters
Yes, you heard it right, bitcoin's joy ride up to $19,000 was exciting, but we can expect more of that soon. More of it due to the accidental spillage of "Chemical X". Professor Utonium's creation had an accidental spillage of Chemical X, likewise, this bitcoin rally has similarities to it and more interesting connections. The focus of this article will...
- 21 hrs ago
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