Risk/reward trade-off associated with 95% cash, 5% Bitcoin portfolio will be incredible, claims Anthony Pompliano

Tensions between the US and China have escalated over the last few months, and the brunt was borne by the global economy. In such times of global instability and central banks manipulating economies, the demand for alternative assets, including Bitcoin, is speculated to go up drastically. Anthony Pompliano is one of those who feels so. […]
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Source: AMB Crypto

Altcoin community attempts to rank crypto-exchanges by eliminating wash trading figures

The reported volumes of cryptocurrency exchanges came under fire earlier this year after trading analytics platform, The Tie, released its own findings and concluded that 90% of the trading volumes were incorrectly reported by crypto-exchanges. The cryptocurrency industry, much like traditional ones, is plagued with discrepancies in financial data and soon after the report came out, crypto-exchanges […]
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Source: AMB Crypto

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 major spike in its volume a month ago but fell shortly thereafter. Source: Poloniex|CoinGecko Circle […]
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Source: AMB Crypto

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 decentralized, the validator number has to go up. A major cause of concern was its parent […]
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Source: AMB Crypto

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 has always been a bone of contention. In what could be termed as a breath […]
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Source: AMB Crypto

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 over Bitcoin and the cryptocurrency industry. If the latest Senate Banking Committee hearing is any evidence, […]
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Source: AMB Crypto

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 news after he sided with Secretary Mnuchin, the Treasury Secretary who was critical of potential […]
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Source: AMB Crypto

UK-based GateHub releases final investigation update; fails to address compensatory concerns

June saw major security breaches on two XRP trading platforms. While Bitrue’s final official statement stated that 100% of the stolen funds would be recovered, the same cannot be same for GateHub. GateHub’s hack accounted for 18,473 compromised accounts, of which 5,045 XRP Ledger wallets had active balances. In the initial statement, the UK-based service provider […]
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Source: AMB Crypto

Bitcoin’s ‘realized market capitalization’ at an all-time high as price continues to suffer following Libra’s Senate hearings

Bitcoin’s massive plunge in valuation recently has shook the cryptocurrency market. The world’s largest cryptocurrency falling below the decisive $10k support following Libra’s ‘interrogation’ before the United States’ Senate Banking Committee has many analysts doubting their bullish predictions. However, despite the fact that most short-term metrics were bearish, the king coin’s ‘realized capitalization’ was at […]
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Source: AMB Crypto

Blockstream’s Samson Mow targets Facebook’s Libra; claims David Marcus has no idea of what he is building

Facebook’s latest venture into the cryptospace has encountered a lot of debate and criticism, since the day it was first introduced. The contentious Libra project led by 28 corporate giants including Facebook, has been touted as a “centralized digital crypto” by many skeptics. The latest hearing before the United States’ Senate Banking Committee has only […]
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Source: AMB Crypto

Vitalik Buterin proposes Ethereum Classic blockchain as criticism over considering BCH grows

Ethereum ran into scalability difficulties, processing only 15 transactions per second [TPS]. Despite the much-hyped 2.0 version, which was all set to roll out next year, Vitalik Buterin had planned on abandoning its native blockchain for a short period and instead, deploy other blockchains. The Co-founder’s latest proposition of leveraging Bitcoin Cash [BCH] blockchain as […]
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Source: AMB Crypto

Brave Browser developer claims push notifications are opt-in Brave ads; users can earn up to 70% of revenue

Facebook allegedly spying on its users via microphones and popping up adverts relating to users’ conversations is an urban myth and the rumor doesn’t seem to be fading. While ads are one of the best ways for a vendor to showcase its products, they can be a nuisance for end-users in terms of user data […]
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Source: AMB Crypto

Banks, financial institutions unlikely to disappear despite disruption by digital assets

The cryptocurrency landscape has always been closely scrutinized, with its cons highlighted by several lawmakers across the world. While conceptualized as a decentralized alternative to mainstream banking and financial institutions, cryptocurrencies today have emerged to become more than just a payment option. In fact, many view cryptocurrencies, especially Bitcoin, as a better store of value […]
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Source: AMB Crypto

Bitcoin and Bitcoin Cash post significant gains as tensions over Facebook’s Libra continue to simmer

Bitcoin was moving north of its critical $10,300 mark, following prolonged losses that were speculated to be attributed to Facebook’s controversy-riddled, Libra, a project that has been at the receiving end of a lot of criticism recently. The latest drop below the psychological level of $10k came a day after US President Donald Trump’s critique on […]
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Source: AMB Crypto

FOMO-fueled crypto rally puts a nail in the innovation coffin?

The past decade witnessed huge technological eruptions in the cryptocurrency industry. Bitcoin and its peer altcoins, still in its infancy, posted the most gains throughout the years. The price swings of these digital coins, from a few cents to thousands of dollars in a blink of an eye, attracted many who entered the space purely […]
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Source: AMB Crypto