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Source: AMBCrypto

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Lack of capital flow responsible for altcoin season failing to turn up, claims Three Arrows Capital CEO
In the world of crypto-assets, there is an undeniable difference between Bitcoin and the rest of the altcoin market. While Bitcoin was the initiator and biggest benefactor of the bull run that began in April, altcoins trailed as well. Even… Read full article
15min ago
AMBCrypto
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After back to back weekly lows at $9800 and $9100, is a drop below $9000 imminent for Bitcoin?
It has been an exciting year for Bitcoin. Until a few weeks ago, when Bitcoin was breaking the shackles of the crypto-winter and surging by over 250 percent in three months, many would have said that Bitcoin is on its… Read full article
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Ethereum developer calls the ETH bottom; leverages it on Ethereum v2 which is set to release in 2020
Ethereum’s price looks like it is undergoing a dead cat bounce. The price [in terms of USD] is slipping down and there is a possibility that it might revisit the bottom formed in December 2018. Evan Van Ness, an Ethereum… Read full article
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CoinBene teams up with MasterCard to launch card claiming to integrate ‘100% cryptocurrencies’
Crypto-debit cards failed to impress the community during the last bull run. However, the latest market recovery could swing fortunes in favor of these cards. With a growing number of merchants accepting cryptocurrencies, small industry players have also made a… Read full article
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Ripple’s Brad Garlinghouse breaks down patent filed by Bank of America and Facebook Libra’s effect
Brad Garlinghouse, CEO of Ripple, has been very vocal about his views on the Libra’s Senate hearing where David Marcus was grilled by lawmakers from all across the U.S. He has also expressed his views on David Marcus’s comments on… Read full article
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Jeremy Allaire’s Circle off to Bermuda, Indian government panel on cryptocurrencies and more
Crypto News – 23 July – Jeremy Allaire’s Circle off to Bermuda, Indian government panel on cryptocurrencies and more

Don’t forget to follow us for our daily videos pic.twitter.com/AuQmG2eqqZ

— AMBCrypto (@CryptoAmb) July 23, 2019

Crypto News – 23 July… Read full article
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Did the crypto-winter lay the foundation for a stronger crypto-industry?
It’s no secret that while 2018’s crypto-winter crippled most of the ecosystem’s businesses, it highlighted blockchain’s silver lining and its potential to give life to non-crypto projects. In order to identify the technology’s spill, The Relevance House shared a detailed… Read full article
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India: IMC’s recommendation to ban private cryptos does injustice to the country’s unbanked, crypto-community
While India took a giant leap forward with the launch of its second moon mission, Chandrayaan-2, it also took a step back after an Inter-Ministerial Committee recommended a ban on “private cryptocurrencies.” The latest move is being seen by many… Read full article
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Redefining the token economy: Nebulas founder Hitters Xu launches the new Smart asset platform nextDAO
Today, Hitters Xu who founded Nebulas, NEO and has many years of experience within the blockchain ecosystem as well as redefining the token economy has launched the new smart asset platform nextDAO.

Smart assets will be the next generation of… Read full article
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Facebook’s Libra raises more red flags after fake FB, Instagram accounts advertise its sale online
Facebook’s foray into the cryptoverse has been the talk of the town, largely owing to the never-ending list of complications that may end up further delaying its 2020 launch. The social media giant, which was already skating on thin ice… Read full article
6h ago
AMBCrypto
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Wait & watch: Bakkt’s BTC Futures will spur a wild ride for the Bitcoin Market
Bakkt to the Future or Bakkt with Futures?

The institutional cryptocurrency market was buoyed this week by the announcement from the Intercontinental Exchange’s [ICE] digital assets project, Bakkt. Arguably the most anticipated introduction of 2019, Bitcoin Futures have been a… Read full article
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Ripple’s validator drama continues as community members huddle up to find an alternative
Ripple is very closely related to XRP, something which is a well-known fact. There is a blurred line between Ripple and XRP for some people; but for supporters, there is a clear demarcation. However, XRP network also relies strongly on… Read full article
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Bitcoin and the ‘wild west’ crypto-market are entering their final phase, claims report
Libra is a wolf in sheep’s clothing to Bitcoin.

Facebook’s Libra was heralded as the harbinger of a massive wave of crypto-adoption. In light of Facebook’s well-established user base, widespread messaging applications, and strong foundations, the cryptocurrency world looked at… Read full article
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The Global Blockchain Investment Summit [GBIS] is about to happen in Indonesia; Explore the transformation of Indonesia’s digital economy
In recent years, the technology and application of blockchain in Southeast Asia have developed rapidly over the past. Governments and associations around the world, as well as blockchain alliances, are actively exploring the potential development and application prospects of blockchain… Read full article
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Bitcoin back below $10,000 as institutional interest-led FUD teases crypto-market
Bitcoin is back to the four-figure mark, dipping below $10,000 after the week began with a stutter. Following the Libra onslaught of the previous week, a massive correction was expected this week. However, it was anything but.

With Bakkt commencing… Read full article
9h ago
AMBCrypto
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Ethereum: Inflation-funding development a cause for concern in the ETH community
Trouble is brewing within the ecosystem of the second-largest cryptocurrency in the market.

Ethereum development can be funded via increasing, albeit temporarily, the inflation rate, something which has irked many a developer within the ETH community, according to a report… Read full article
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Crowd mentality, greed, no due diligence & FOMO responsible for 90% of blockchain projects failing after 2017
During Bitcoin’s peak performance in 2017, numerous projects cropped up to fill in various voids in the crypto-ecosystem in terms of functionality and stability. But, only a few could survive the market roller-coaster and the crypto-winter that followed. A recent… Read full article
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Bitcoin chartists on the up-and-up as TradingView reels in 2.5 million BTC traders
They say art is relative to the times. Well, crypto-charts are certainly a unique form of art too.

With Bitcoin’s price constantly fluctuating, the community often turns to stalwart chartists who try to make sense of it all and give… Read full article
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HPB, the first public chain to join major Chinese multi-platform credits & rewards point system
HPB has landed a milestone partnership with Shanghai Youwan connect its mobile games and the HPB Wallet to expand the connected ecosystems of both parties. This new partnership will bring many new games to the HPB platform, and integrate HPB… Read full article
14h ago
AMBCrypto
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Tron falls by 11.44% in under 4 hours after Justin Sun’s ‘kidney stones’ announcement
Tron, the tenth-largest cryptocurrency on CoinMarketCap, has been on an uptrend recently. Rather, it had been, until the power lunch debacle. This morning, Tron’s official Twitter handle announced that Justin Sun’s lunch with investment mogul Warren Buffett was postponed owing… Read full article
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DigiByte’s latest hash algorithm, Odocrypt, claims to improve mining experience
There is always a Yin for a Yang, with many major businesses swimming against the tide by integrating their operations with blockchain technology. Following a growing adoption rate, blockchain technologists are building innovative technologies in order to get ready for… Read full article
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The Crypto and Libra world should get over the idea that U.S. Dollar is a stable currency, says George Gilder
Former director of U.S. Mint, Ed Moy, and American investor and economist, George Gilder, debated the nature of sound money and how Bitcoin and other cryptocurrencies, including Facebook’s Libra, compare to it.

Bitcoin revolution troubled the U.S. lawmakers and the… Read full article
19h ago
AMBCrypto
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Coinbase’s Brian Armstrong calls for a collective effort from crypto-businesses
Although cryptocurrency’s ability to become a global currency has been applauded by many, few understand its ripple effect on cross-border applications. A common example are OFAC rules that prohibit U.S. citizens from making transactions to countries such as North Korea… Read full article
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Circle ventures to Bermuda for friendlier regulatory climate
Circle, the peer-to-peer tech platform, and its acquired crypto exchange platform, Poloniex has not been in very good shape and the past seven months have been quite tempestuous for the Boston-based firm.

The trade volume of Poloniex exchange exhibited a… Read full article
1d ago
AMBCrypto
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XRP community celebrates as developer creates new tool to incentivize validators
XRP ledger node validators, who determine whether transactions meet protocol requirements, have been a hotbed of discussion for a long time now. Bitrue, Coingate, and Bitstamp are some of the crypto-exchanges that run XRP validators. To make the network more… Read full article
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Bitcoin may soon break out of the bear’s hold after 2 weeks of downtime
26th June, 2019 marked the day when Bitcoin peaked at $13,800 to everyone’s delight. However, as the cryptospace braced itself for another bullish sprint and anticipated higher highs towards the end of the year, the jubilation was cut short.

Since… Read full article
1d ago
AMBCrypto
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Justin Sun’s guest list gets a new addition, Bakkt to launch user testing for BTC Futures and more
Crypto News – 22 July – Justin Sun’s guest list gets a new addition, Bakkt to launch user testing for BTC Futures and more

Don’t forget to follow us for our daily videos pic.twitter.com/7xkcVpW9FB

— AMBCrypto (@CryptoAmb) July 22, 2019… Read full article
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XRP addresses’ confusion with destination tags will no longer be a problem, thanks to Wietse Wind
To quote Stephen Richards, “When we have reached the depths of despair, only then can we look up and see the light of hope.” The XRP community had been facing a real, serious issue over the past few days, before… Read full article
1d ago
AMBCrypto
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Bitcoin’s fast approaching halving leads to an aggressive surge in prices; What will follow the surge?
Bitcoin, an asset like no other, has created a subset of cryptos which try to emulate it and be better than it in every way. Some have come close, while the rest barely scratch the surface. Bitcoin is regarded as… Read full article
1d ago
AMBCrypto
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India’s Inter-Ministerial Committee recommends ban on private cryptocurrencies
While most countries have remained uncertain about cryptocurrencies and crypto-adoption, India perhaps leads the race in terms of keeping its citizens in the gray. With Right to Information (RTI) requests going vaguely answered and strange rumours about a ban floating… Read full article
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XRP community calls out Wirex CEO’s ‘XRP is a security’ comment
XRP is not a security. And as Garlinghouse explained, “XRP is not a security for three reasons: if Ripple, the company, shuts down tomorrow, the XRP ledger will continue to operate; it’s an open-source, decentralized technology”.

The third-largest cryptocurrency’s categorization… Read full article
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Bakkt to launch user testing Bitcoin futures today
Bakkt, a global digital asset firm owned by International Exchange [ICE], announced that the organization will launch acceptance testing for its Bitcoin futures contracts today [22nd July 2019].

In a recent medium post released by Adam White, COO at Bakkt,… Read full article
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Bitcoin tries to take away monetary monopoly from govt says former director of U.S. mint
The 38th director of the U.S. Mint, Ed Moy spoke about Bitcoin with Naomi Brockwell, the inherent decentralization that it brings to the table, along with other advantages.

Ed Moy, well-known supporter crypto, said that Bitcoin and other cryptocurrencies will… Read full article
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Tron hits a home run in the DApp game, beating EOS and ETH in weekly trading volume
The grass is greener on Tron’s side due to the series of successful events the network witnessed from the time it entered the DApp game.

Justin Sun, founder and CEO of the Tron Foundation shared a DApp review report on… Read full article
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Can Libra help boost crypto adoption? Coinbase CEO certainly thinks so
Cryptocurrency’s position as a financial disruptor has been the result of operational consistency of the leaders in the ecosystem. Today, with mass adoption redefining the financial status quo, the technology is facing a new wave of resistance from governments, a… Read full article
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Justin Sun invites eToro CEO Yoni Assia for Warren Buffett’s luncheon
The latest personality in Justin Sun’s crew for lunch with Warren Buffett in San Francisco’s Quince, a three-Michelin starred restaurant, in Jackson Square, is Yoni Assia, founder, and CEO of eToro.

“I’d like to invite my good friend @yoniassia, Founder… Read full article
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Masternodes concept has been one of our big innovations, claims CEO of Dash
According to CoinmarketCap.com, there are currently 2364 virtual assets present in the space but most of the users would hardly be familiar with each one of them. The top-10 cryptocurrencies control a majority of the crypto market cap and public… Read full article
2d ago
AMBCrypto
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What does it take to be part of the next wave of Bitcoin Billionaires? Tim Draper answers
As crypto ecosystem consistently redefines its new peak in terms of adoption, fiat investors and new players are seeking opportunities to be a part of the next wave of Bitcoin Billionaires. One of the early birds, Tim Draper leads this… Read full article
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Dash CEO reveals latest strategies to improve much needed mainstream adoption
Some cryptocurrencies are technically superior on the back end. Some are based on a blockchain network that attains a high level of security and privacy. Another virtual asset facilitates rapid transactions but none of these factors would translate to the… Read full article
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Korea alone estimates a loss of $2.3 billion from crypto-related crimes in just two years
Following a data released by the Korean government, Korean news agency, Yonhap reported that crimes associated with cryptocurrencies have caused a financial loss of about 2.7 trillion won which is nearly $2.3 billion in the last two years.

The data… Read full article
2d ago
AMBCrypto
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US Treasury Secy’s comments on Bitcoin being used for illicit activities refuted by Interchange co-founder
Bitcoin’s rise to the top has been peppered with several controversies and criticisms from different areas. This was again evidenced by comments from Steve Mnuchin, the Treasury Secretary of the United States and U.S President Donald Trump. In a recent… Read full article
2d ago
AMBCrypto
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Bitcoin and silver speculated to be better investments than gold in current market atmosphere
Bitcoin’s price movement has been considered as one of the main indicators for analyzing the behavior of the entire cryptocurrency market. Some analysis also showed that Bitcoin was outperforming its mainstream peers such as gold and other precious metals with… Read full article
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Bitcoin Vs. Libra: Is “trust” the secret to global domination?
Bitcoin’s financial prowess can no longer be ignored and traditional leaders have to choose sides between the disruptor and the status quo. Capital venture investor, Tim Draper leads this drive in making the shift into the unknown, while showing constant… Read full article
2d ago
AMBCrypto
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XRP outperforms BTC, ETH; records the most number of transactions in the last 24 hours
Despite a lot of FUD surrounding Ripple, it continues to grow. The Brad Garlinghouse-led firm has developed itself to be one of the most ambitious blockchain companies which had continued to rope-in institutional support. In the latest news, Ripple was… Read full article
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Bitcoin still the winner after week-long US Congress drama, says Interchange CEO Dan Hedl
The cryptocurrency market had a chaotic couple of days over the past week after the congressional hearing surrounding the digital asset industry. Aside from price fluctuations, the US Congress event also riled up the community with many speculating positive developments… Read full article
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Binance’s Helen Hai receives invitation for Sun-Buffett lunch
The Tron foundation and the community are eager about the charity lunch between the CEO of Tron, Justin Sun and the investing mogul, Warren Buffett slated for July 25. Sun has an opportunity to take seven of his friends to… Read full article
2d ago
AMBCrypto
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Bitcoin’s movement impacts Tron as it surges by 4.77% in an hour along with other alts
The cryptocurrency market on July 21 went green as Bitcoin surged, driving altcoins on an upward trajectory. The king coin noted a rise in its price by a little over 2%, following which Tron spiked by over 4% in an… Read full article
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9 million XRP makes its way to Bitstamp exchange from an unknown wallet
XRP had been the highest transacted cryptocurrency in the past 24 hours, leaving Bitcoin and Ethereum far behind in the competition. Whale Alert, the tracker of large cryptocurrency transactions alerted the community of a large XRP movement.

On July 20,… Read full article
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Banks are trying to gang up and get rid of Bitcoin, but tech wins all the wars, says Tim Draper
When it comes to crypto advocates, they are almost always certain about the bull market being right around the corner. Although most of their predictions were ridiculed until the mysterious currency touched almost $20,000 in 2017, the world today pays… Read full article
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Bitcoin developer defends scarcity index amidst criticism from rival crypto-proponent
A lot of factors together contribute towards Bitcoin’s valuation. The most talked about factor is the Scarcity index. There can only be 21 million Bitcoins in the world, and ardent BTC supporters and developers of the space have defended their… Read full article
3d ago
AMBCrypto
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Is Facebook’s Libra likely to intensify regulatory scrutiny on Bitcoin?
Facebook’s Libra continued to grace the headlines, with high-stakes questions regarding its potential risks continuing to dominate the news. Libra’s extensive scrutiny had corrected the crypto-market significantly, with rumors suggesting that the contentious project would lead to tighter regulatory surveillance… Read full article
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Ripple’s Brad Garlinghouse “very much agrees” with President Donald Trump’s views on Libra, Bitcoin
Concerns relating to the cryptocurrency space have found a new dimension. Trump’s Twitter rant on the same while being highly criticized, also raised the profile of the cryptocurrency market. Ripple’s Brad Garlinghouse however, agrees with it.

The Ripple CEO made… Read full article
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Another one bites the dust: Industry claims another victim as crypto-venture fails owing to lack of funding
The crypto-industry is an extremely tough place to survive and prosper on a long-term basis. The case of cryptocurrency exchanges is especially pertinent in this respect. In fact, the average life expectancy of cryptocurrency exchanges is only about 15 months… Read full article
3d ago
AMBCrypto
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