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Source: AMBCrypto

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Ethereum has become the most correlated crypto-asset
On October 19, Binance released a new episode of their podcast regarding correlations between crypto-assets during the third quarter of 2019. In the short podcast or ‘minipod’, Brian from Binance Trading ran through the analysis conducted by the exchange’s research… Read full article
35min ago
AMBCrypto
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Litecoin looks to gain movement with potential inverted bart formation
Litecoin was pegged to boom this year, given the historical block reward halving which took place on August 4th; but in contrast, the silver altcoin failed to see its price climb. Soon after, the altcoin saw the formation of death… Read full article
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Telegram’s token sale hearing postponed to 2020
After the SEC filed a request to the federal court on October 18, asking them to reject the proposal from Telegram to deny their injunction, the federal court of the southern district of New York has postponed the hearing between… Read full article
3h ago
AMBCrypto
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Bitcoin theft carried out for 3 years via malware-infected Tor Browser
A malware-laden unofficial version of Tor Browser was being used by hackers to spy on Bitcoin users and steal their crypto. This compromised version of the privacy-focused Tor Browser was loaded with malicious tools which helped criminals to steal small… Read full article
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85.72% Bitcoins mined; only 3 million BTCs left to mine
Bitcoin marked a major milestone earlier on October 19, 2019, with the king coin officially crossing the $18 million mark in terms of circulating supply, leaving around only $3 million left to be mined. With the next halving fast approaching,… Read full article
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Ethereum optimistic with formation of ascending triangle and falling wedge
The cryptocurrency market has been struggling to see any strong bullish momentum in the past week, as Bitcoin and major altcoins have been in a consolidating phase ever since the drastic fall on 24th September. Ethereum performance was no different… Read full article
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G20 leaders agree to disallow stablecoin issuance till risks are addressed
Leaders of G20 met on Friday, and have reportedly agreed to set strict regulations for stablecoins like Facebook’s Libra. They warned that the issuance of stablecoins should disallowed until the risks they pose to global economies are addressed. This decision… Read full article
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XRP nears $0.30 resistance as ascending channel pattern takes shape
XRP briefly breached the psychological $0.30 mark on October 17th, a level unseen since the coin fell sharply after September. Could this be the long-awaited revival for the XRP bulls? Ripple’s native crypto stood at a value of $0.297 and… Read full article
8h ago
AMBCrypto
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Binance.US USD deposits eligible for FDIC insurance coverage
All US Dollar deposits on Binance.US’s platform are now eligible for Federal Deposit Insurance Corporation [FDIC] insurance coverage. According to a blog post published on its official website, the United States-dedicated wing of Binance stated that all the US Dollar… Read full article
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BitMart’s Halloween “trick or treat”- win up to 10,000 BMX
Trick or Treat! Halloween is around the corner. To celebrate the upcoming Halloween, from 10:00 AM October 18th to 10:00 AM November 1st, BitMart is hosting a limited time Halloween photo contest, happy haunting. Participants shall take a Halloween photo… Read full article
11h ago
ART
AMBCrypto
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BitMart’s Halloween splash – 50% reward to buy coins using USD
It is official. To celebrate the upcoming Halloween, from 10:00 AM October 18th to 10:00 AM November 1st, BitMart is launching a limited time offer with 50% USD cash reward for users who’s buying BTC or ETH via its fiat… Read full article
11h ago
AMBCrypto
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Poloniex splits from Circle; finds new backing ‘led by’ Tron’s Justin
Cryptocurrency exchange Poloniex published a blog post stating that they would be separating from parent company Circle, rebranding as Polo Digital Assets and ending support for US customers on the exchange. They also said that they would be backed by… Read full article
12h ago
AMBCrypto
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Ripple Q3 report: Bots caused 179% increase in XRP FUD
Recently, Ripple published their XRP Markets report for Q3, 2019 to update the community on the state of the market and its performance over the period. In the report, Ripple says there has been a decrease in XRP sales, a… Read full article
13h ago
AMBCrypto
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Tezos is bullish and slightly undervalued, claims researcher
Nate Maddrey, a Researcher for crypto-asset data analytics firm Coin Metrics, recently gave a talk at the TQuorum Global Summit, and analysed Tezos’ activity using on-chain data. According to Maddrey, it is difficult to measure usage on blockchain, but the… Read full article
23h ago
AMBCrypto
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Tether’s migration from Omni to ERC-20 protocol reaches near completion
USDT, the leading stablecoin in the cryptospace, has a market dominance of over 90%. And, since it is one of the primary sources of liquidity on a majority of the exchanges, it has shot its daily trading volume above Bitcoin… Read full article
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Central Banks should get involved with digital currencies: PIIE’s Adam Posen
Central Bank Digital Currencies or CBDCs have been a hotly debated topic over the past few months. After Bank of China announced that its issued central currency was ready for launch, major financial institutions around the world have started discussing… Read full article
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Binance is OKEx’s biggest competitor, says Andy Cheung
OKEx’s Head of Operations, Andy Cheung, participated in a pre-announced AMA on Telegram today, ‘challenging’ the community to ask him their ‘toughest questions.’ Cheung started off by talking about how OKEx had recently upgraded its Futures trading system, which improved… Read full article
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Ethereum’s price on shaky ground as altcoin set to breach descending triangle
Ethereum, the second-largest cryptocurrency by market cap, has been struggling to see a significant uptick in its price ever since the death cross on 4 September. The altcoin’s price did register a good bullish price rally between 12 September and… Read full article
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Monero, privacy coin usage would have made child porn investigation difficult
When news about Bitcoin being the main factor behind the crackdown on the largest child pornography website broke out, some speculated that this would lead to an increased use of privacy-enhancing cryptocurrencies for illicit activities on the deep web, making… Read full article
1d ago
AMBCrypto
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XRP’s rising trend may be hampered by breach of ascending channel
XRP’s price has been bearish for most of 2019, but spurts of growth have pleased holders of the token. After noting a peak in June, XRP has plunged to $0.2923 with a market cap of $12.63 billion. However, current short-term… Read full article
1d ago
XRP
AMBCrypto
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Ripple’s Breanne Madigan highlights the United States’ lack of regulatory clarity
Breanne Madigan, Head of the Global Institutional Markets Team at Ripple, recently discussed the various challenges faced by the blockchain and digital assets industry, while also addressing how to approach policy implications with regulators. At the OECD Global Blockchain Policy… Read full article
1d ago
AMBCrypto
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Libra, other stablecoins could hinder efforts to halt criminal use: FATF
The Financial Action Task Force [FATF], an inter-governmental organization that has pledged to combat money laundering and terrorism funding, has stated that Facebook and its stablecoin, Libra, would be subject to global standards on cryptocurrencies and traditional financial assets, according… Read full article
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Huobi announces plans to launch fiat gateway in Turkey
Huobi Exchange, one of the world’s largest crypto-asset trading platforms, is looking forward to solidifying its presence in Turkey after it was announced that the exchange is planning to launch a fiat gateway that would enable user access to over… Read full article
1d ago
AMBCrypto
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Crypto-jackers now using fake WordPress plug-ins to mine cryptocurrencies
Cryptojacking softwares have become a nuisance lately and the main issue that concerns many is that they are getting sophisticated with every passing year, making it quite difficult to track them. According to a new report by the security company… Read full article
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Binance Futures increases leverage for BTC/USDT contracts to 125x
Malta-based cryptocurrency exchange giant Binance has announced that it is increasing the leverage on its Futures platform for its BTC/USDT Futures contract to 125x, which previously only supported 20x leverage. According to Binance, traders will be able to trade at… Read full article
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R3 partners with London-based Archax to manage post-trade activites
Enterprise blockchain software firm, R3, has signed a partnership with London-based institutional digital securities exchange, Archax, on 18 October. In accordance with the partnership, R3 will not only handle Archax’s post-trade activities on a distributed ledger, but will also build… Read full article
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Libra Association stresses on cooperation as G7 releases report on stablecoins
The working group of the G7 has released a report detailing the potential risks a global stablecoin (GSC) could pose to nations and economies worldwide. GSCs will have to address these concerns to be considered for approval, the report said,… Read full article
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Binance announces listing of BCH-pegged tokens on Binance Chain
Binance, the world’s largest crypto-exchange by market volume, recently made an announcement which should make the Bitcoin Cash community happy. In a recent Binance community post, Changpeng Zhao, CEO of Binance, proposed the listing of BCH-1FD, a token that would… Read full article
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Telegram alleges SEC has falsely identified GRAM tokens as securities
Messaging giant Telegram has filed a response to the United States’ SEC after being slapped with an emergency restraining order earlier this week with regards to its controversial TON project. The SEC‘s action has delayed its launch, which was originally… Read full article
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BlockFi launches institutional services arm to provide crypto-financing solutions
BlockFi has announced the launch of its institutional services arm, BlockFi Institutional Services. The goal of this arm is to provide clients access to digital asset financing solutions, as institutions begin to integrate their businesses with digital currencies. It will… Read full article
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Bitcoin’s price succumbs to breach of descending triangle
Bitcoin’s price has been struggling to recover from September’s fall but the market has been very restrictive. The price of the largest cryptocurrency stood at $8,056.58 at press time with a market cap of $145.51 billion and noting only minimal… Read full article
2d ago
AMBCrypto
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No silver lining for Litecoin on breaching descending triangle
Litecoin has been struggling throughout 2019, and its price has seen on a constant decline since the start of July. Litecoin community had great hopes for the halving which took place in August, but the event failed to have an… Read full article
2d ago
AMBCrypto
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Bitcoin could become store of value, as institutional interest increases
Institutional interest in Bitcoin has seen a significant rise in 2019, as several derivative financial products on top of Bitcoin have flooded the market. Active exposure of these investors to the digital asset realm has brought back the debate about… Read full article
2d ago
AMBCrypto
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KuMEX to launch Bitcoin monthly futures product
KuCoin founder and CEO, Michael Gan, recently announced at the Blockchain Life 2019 Forum in Moscow, Russia, that their Futures Platform KuMEX will launch a Bitcoin monthly contracts product in a few weeks. At the forum, Gan said KuMEX planned… Read full article
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Bitfinex CTO: Market Synergy partnership key to speed and security
Bitfinex gained access to a wide range of institutional investors via Market Synergy. In a recent Profit&Loss interview, Paolo Ardoino, the crypto exchange’s CTO detailed upon the partnership and how it provides institutions access to a wide selection of digital… Read full article
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Cryptos companies can excel in public markets but reliant on BTC bulls
Over the last decade, crypto start-ups in the virtual asset industry have been able to generate the primary cash flow via conducting Initial Coin Offerings, whereas new exchanges in the sector would file IEOs to bolster their funding. Investors’ interest… Read full article
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Binance U.S. to move slower than Binance.com: Catherine Coley
While Binance continues its efforts into delivering its growing services throughout the globe, Binance U.S. CEO, Catherine Coley featured in a Fortune interview to uncover what it currently meant for the U.S. establishment. According to Coley, the need for creating… Read full article
2d ago
AMBCrypto
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David Marcus, Nandan Nilekani talk cross-border payments and Libra
The latest International Monetary Fund (IMF) conference featured leaders from technology, banks, and regulators to discuss the trajectory of the fintech ecosystem. Leading the conversation was Facebook’s David Marcus, Head of Calibra, who highlighted the current constraints of the existing… Read full article
2d ago
AMBCrypto
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Bitcoin Core developers largely underpaid in ecosystem: Blockstream dev
Blockchain is the spine on any cryptocurrency project and the same goes for Bitcoin’s ecosystem. Just like every other crypto space, Bitcoin‘s network requires continuous development on the technological front, while dealing with major issues like scalability, transaction speed, and… Read full article
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Ethereum may break out of stagnancy by breaching falling wedge
Over the last 22 days, Ethereum has witnessed a change of only 5.30 percent. The change observed is significantly less in light of the period of stagnancy looming over the market. At press time, Ethereum was valued at $176.89 and… Read full article
2d ago
AMBCrypto
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The lowdown on how Bitcoin cracked the largest child porn business in the world
The bust of one of the biggest child porn sites, Welcome to Video, on the deep web echoed the crackdown of Silk Road, a darknet marketplace. This bust, however, was quite different from that of Silk Road, with the only… Read full article
2d ago
AMBCrypto
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Libra’s global ambition could trigger antitrust risks: French Finance Minister
If you had to choose who controlled your money, would you pick the government or a private company? While it is unlikely you would pick either, this is the choice nations have to make as Facebook’s Libra cryptocurrency project pushes… Read full article
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After disappointing Q3 for Bitcoin, Q4 trajectory seems undecided
Green or red? As the year comes to a close with the start of the final quarter, Bitcoin is still hinged at $8,000. Beginning the year at $3,300, the king coin took a while to get going, and once it… Read full article
2d ago
AMBCrypto
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Bitcoin ETF is a matter of ‘when rather than if’
SEC rejected all the Bitcoin Exchange Traded Funds (ETF) proposals pending before it, citing they did not meet legal requirements to curb market manipulation and other illicit activities. The latest ETF to be rejected was that of Bitwise Asset Management.… Read full article
2d ago
AMBCrypto
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XRP’s rise blocked by approaching breach of ascending channel
After remaining bearish for a long time in 2019, XRP price spurted over the past few weeks but has registered decline again. In 2019, the highest price XRP noted was in June, where it was valued at $0.5043 and has… Read full article
2d ago
AMBCrypto
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What is Lexera technology? Hooplex review
Join Hooplex   The project is very interesting. Besides, the Hooplex project itself is an international community of soulmates, who are united by the common goal in order to develop and promote the technology “Lexera”. That is why it leads to… Read full article
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Binance CEO: BNB no longer reliant on reducing supply to increase value
Today, Binance exchange announced that they had completed their 9th quarterly BNB token burn in accordance with the token’s whitepaper. Over 2 million BNB worth around $36.7 million was burnt during this process. This is the second-largest burn of BNB… Read full article
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Bitcoin could break out of descending channel to $7900 before next week
Bitcoin’s price drop during the end of last month caused the price to oscillate around the $8000 mark for the past few weeks. Though Bitcoin has definitely seen better days, it gets credit for its 25% since last October. Bitcoin… Read full article
2d ago
AMBCrypto
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Ex-CFTC proposes blockchain-based dollar to save declining fiat
2019 marked the rise of another crypto-based experiment, as centralized financial institutions around the world started to contemplate the idea of a Central Bank Digital Currency [CBDC]. Bank of China was already ahead in this game, after announcing that their… Read full article
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Maduro announces Petro-backed funds to boost Venezuela’s economy
Venezuela has long been fighting the woes of an unstable economy; President Nicolas Maduro announced strong steps to recover and strengthen the nation’s economic state. On October 16, Maduro communicated through a broadcast that he will be creating several government… Read full article
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Bitcoin bear market is essentially over, says Ikigai’s Hans Hauge
Coinist’s latest podcast featured Ikigai’s leadership, Travis Kling and Hans Hauge, who gave various investment insights into the Bitcoin market. During the discussion, Hauge, the company’s senior quantitative researcher correlated Bitcoin’s value with the hashrate. He added, “The relationship between… Read full article
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I’m a big fan of Bitcoin, says Libra’s David Marcus
Libra Association was recently called for its first council meeting, which included industry giants such as  Andreessen Horowitz, Uber, Lyft, Spotify and Coinbase. David Marcus, co-creator of Libra and head of Calibra at Facebook, featured in a CNBC interview to… Read full article
3d ago
AMBCrypto
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Brave Ads reward over 290,000 online creators in BAT
Brave Browser was the first to pioneer cryptocurrency based reward system for online creators, using its in-house BAT token. As a followup to its successful launch, the company released a blog post, which highlighted, “High platform engagement persists with 14%… Read full article
3d ago
AMBCrypto
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