Crypto Derivatives market will continue to boom, despite present bearish slump

Over the last few years, cryptocurrencies have continued to develop and grow. 2019 was a watershed year in this regard as it saw more and more exchanges opening their arms to the crypto derivatives market. In fact, 2019 witnessed record volumes on crypto derivatives exchanges. Earlier this year, it was observed that BitMEX leveraged over […]
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Source: AMB Crypto

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 hitting its 2019 high, Bitcoin has been consistently dropping valuation, with the market capitalization of […]
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Source: AMB Crypto

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, it was mentioned that the Bitcoin futures product would be listed and trading will be […]
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Source: AMB Crypto

Masternodes concept has been one of our big innovations, claims CEO of Dash Core Group

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 attention. However, Dash, a virtual asset currently ranking 15 came into the limelight when they […]
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Source: AMB Crypto

Dash’s Ryan Taylor 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 digital currency’s success if their adoption rates do not reach a widespread userbase. In a […]
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Source: AMB Crypto

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 beloved virtual asset on the basis of this scarcity argument. Peter Todd, a Bitcoin developer, […]
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Source: AMB Crypto

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 in 2019. This fact was again highlighted by another crypto-related venture calling it quits. In […]
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Source: AMB Crypto

It’s an ‘exciting time’ to be involved in cross-border payments, claims Ripple’s Sagar Sarbhai

Sagar Sarbhai, Head of Government & Regulatory Affairs, Asia Pacific at Ripple, recently spoke at the Bangkok FinTech Fair 2019, where he expressed his views regarding payment connectivity across the globe. Cross-border payments have been an important aspect of the remittance industry for the last few years. Sarbhai believes that the current scenario is one […]
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Source: AMB Crypto

Bitcoin’s long-term sentiment bullish, despite present market scenario screaming bearish struggles

If a newbie without any prior information about Bitcoin enters the cryptospace right now, he would probably take one step back, turn and sprint away from the community. While Bitcoin has been recording a fairly successful 2019, the mood has dampened over the past few weeks. Since peaking on June 26th, Bitcoin’s price movement has […]
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Source: AMB Crypto

Bitfinex announces revenues from margin trading funds dedicated to LEO

Bitfinex was dragged into a controversy with Tether, the largest stablecoin, where the exchange was allegedly covering a loss of $850 million with Tether funds. The situation escalated in the community and Tether ended up dropping down to $0.96. The stablecoin quickly recovered its valuation but Bitfinex lost its standing in the community. Recently, the […]
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Source: AMB Crypto

Weekly chart of Bitcoin is dazed but John McAfee remains unfazed

The cryptocurrency tide changes very fast. At one moment, the market would be projecting signs of a clear bullish run and the next moment, a shift in trend would take over. The virtual assets do not guarantee any consistent trading and most of the time, investors buy into the market due to “FOMO”. Bitcoin was […]
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Source: AMB Crypto

Crypto in India endangered? Extended section of ‘draft bill’ circulated on social media

The idea of virtual assets and blockchain has prospered in the West but on the other side of the world, not so much. India has been one of the major countries in Asia that has dented the progression of the crypto industry with regulations. Cryptocurrency exchanges in the nation were biting the dust one by […]
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Source: AMB Crypto

Will Russia’s cryptocurrency and blockchain agenda catapult the country to new heights?

Russia, with all its might, is one of the most dominant countries in terms of political presence and bureaucracy. However, its significant status did not resonate economically as Russia only has the 12th largest economy. With the US being the undisputed leader in terms of economics, Russia seems to look forward to challenging the former’s […]
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Source: AMB Crypto

Libra all set for a crucial week, as CEO of Calibra awaits hearing in Washington

It has been a long and exhausting week for Facebook’s Libra cryptocurrency after the imminent crypto asset ended up on the wrong side of most prominent people. Just this week, the social media-backed virtual currency received criticism from the Chairman of the Fed Reserve, Jerome Powell, and soon after, the President of the United States, […]
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Source: AMB Crypto

What will China’s next move in the virtual assets space be?

The influence of Asian countries on Bitcoin and other virtual assets has been widely recognized this year. The geopolitical unrest between the United States and China during the ongoing trade war has precipitated an increase in Bitcoin interest across the world. It was also recently reported that a new weekly high for Bitcoin volume was triggered […]
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Source: AMB Crypto