Bitcoin, altcoins continue to struggle as correction wave hits vital cryptocurrency market metrics

While the cryptocurrency market’s rollercoaster ride comes as no surprise to its users, the ongoing correction streak, in tandem with U.S. government’s resistance, has fueled the depletion of the cumulative market capitalization. It is in light of all these developments that Altcoin Magazine released its latest edition of the Altcoin Review, tracking the growth and […]
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Source: AMB Crypto

US Treasury Secretary follows up on POTUS’ Libra criticism; Bitcoin under fire

Libra’s hopes seem to be hanging by a thread. Facebook has add yet another foe to its cryptocurrency project,  the United States Treasury Secretary, Steve Mnuchin. Picking up where the President of the United States left off last week, his appointee lashed out at the cryptocurrency market in a recent press briefing. While only over […]
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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

Tron’s latest weekly report reveals details about much awaited ‘TRC20-USDT Incentive Plan 2.0’

Tron, the Justin Sun led cryptocurrency has been in the news multiple times for its updates and developments. The community, dubbed Tronics have also been active in the cryptocurrency ecosystem forcing the organization list out all its happenings. In the latest Tron Weekly Report, the company spoke about the architecture development and the core statistics […]
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Source: AMB Crypto

Vitalik Buterin weighs Bitcoin Cash Vs. Ethereum for network scalability

With the rise in crypto adoption, heavyweights of the crypto ecosystem are moving forward with the aim to improve the existing security standards and speed, in order to gain an edge over others. One of the major influencers in the crypto ecosystem, Vitalik Buterin shared his view to infuse a scalable data layer for detecting […]
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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

Is Lightning Network’s ‘Justice’ stern enough for thefts that occur on Bitcoin’s 2nd layer solution?

Lightning Network, is so far, the best second layer solution that Bitcoin has witnessed in a very long time. BitMEX Research’s third article on LN dives deep into the punishment system for premature and non-informed closure of nodes. As seen in the image below, there are four ways a Lightning Network node will face closure. […]
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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

Bitcoin CME Futures create an $800 gap over the weekend; Next stop – Lower lows?

Bitcoin CME Futures have witnessed an $800 gap followed by another $1,000 dip after opening on Sunday. The total gap of $1,800 [-15.51%] was created over the weekend causing Bitcoin CME futures to reach $9,915 from $11,990. The Gap These gaps play an important role in predicting spot price movements as each of these gaps […]
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Source: AMB Crypto

Catching up or playing catch up? Justin Sun talks about Warren Buffett lunch

While Facebook’s involvement with cryptocurrency has pulled in mainstream attention, it has overshadowed the decade-long innovations led by crypto technologists. In an effort to clear some of this fog, Tron CEO Justin Sun took to the Internet to share his recipe for success amidst the turbulent crypto market. Sharing his first secret, Sun said, “The […]
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Source: AMB Crypto

BitPoint discovers additional 250 million yen stolen in cryptocurrency

Japanese cryptocurrency exchange, BitPoint, was all over the news recently following a 3.5 billion yen hack on the exchange. In recent developments, the exchange revealed that 250 million yen worth of cryptocurrencies was found. The Mainichi, a Japanese news portal reported that the stolen cryptocurrencies were discovered on overseas exchanges that used the trading system offered […]
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Source: AMB Crypto

Justin Sun elucidates on upcoming plans for BitTorrent Speed and BTFS

Tron and its CEO Justin Sun has made news multiple times in the cryptocurrency sphere with its developments and updates. In his latest interview with Crypto Love, Sun spoke about the upcoming plans for the Tron Foundation and how the organization plans to implement it. Sun stated that the main focus of the company right […]
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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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Binance Coin tipping made available on Binance’s 2nd anniversary by CoinKit

Binance is officially two years old and is one of the most successful crypto exchange in the world with over 40 million visits every month. In lieu of Binance’s 2nd anniversary, CoinKit announced that it has integrated Binance Coin for tipping on their platform. To celebrate the 2 year anniversary of Binance, we have decided […]
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Source: AMB Crypto

TNC IT Solutions Group to unite the world of cryptocurrency

TNC IT Solution Group has been launched to provide blockchain development and security services to fast-developing companies in the crypto space. TNC brings together the skills and experience of a network of more than 500 experts with backgrounds in blockchain and cryptocurrency, information technology, finance technology, commerce, and public relations. Once a company joins TNC, […]
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Source: AMB Crypto