Cryptocurrency News Market

Tether (USDT) Launches Digital Yuan Before PBoC

Controversial firm Tether Limited has announced that it is expanding its list of stablecoins by launching an offshore yuan-backed digital currency.  Tether Continues its March The Hong Kong company said in a short blog post that the new stablecoin, known as CNHT, would be pegged one-to-one to the offshore Chinese yuan. Like its popular stablecoin Read more…

Bitcoin Cryptocurrency News

Van Eck to Offer Limited Bitcoin ETF Aimed at Institutional Investors

New York-based Van Eck Securities and SolidX Management will start offering shares in a Bitcoin exchange-traded fund (ETF), the Wall Street Journal (WSJ) reports. Crypto ETF Available to Institutional Investors Even if only a few days have passed since the start of September, this month might be a turning point for Bitcoin and the crypto Read more…

Crypto Analysis Ripple

Ripple Price Analysis: Could XRP’s Recent Sideways Action Culminate in a Powerful Move?

Ripple’s XRP has been fairly stagnant this past week after ‘suffering’ a small 4% price decline, bringing the price of XRP down to $0.2694 at the time of writing. The cryptocurrency’s price has fallen 15% in the past 30 days with a further 37% drop over the previous 90 days, despite the rising price of Read more…

Lightning Network Achieves Record Capacity, Exceeding the Milestone of 600BTC
Bitcoin Blockchain Cryptocurrency News

Bitstamp Unveils Bitcoin Lightning Network Node

On July 8 the Lightning Network got a huge publicity boost as Bitstamp announced that it had launched its own Lightning node. Another Step Toward Widespread Adoption On Monday Bitstamp revealed that it had launched a Bitcoin Lightning node to further facilitate the growth of Bitcoin’s Lightning Network (LN). The European cryptocurrency exchange said that Read more…

Altcoin Cryptocurrency News

Binance Coin declines by 9.8% following news of geo-blocking US residents from its platform

Binance, one of the world’s largest cryptocurrency exchange, has undergone revamps on its platform which has significantly contributed to the valuation of its native token, BNB. The digital coin surpassed the market cap of $5 billion in a recent report. However, the glory was short-lived as the exchange dropped two bombs within 24 hours. The […]

The post Binance Coin declines by 9.8% following news of geo-blocking US residents from its platform appeared first on AMBCrypto.

Bitcoin Cryptocurrency News Market

Leading ETF Authority Claims SEC Still Gathering Information on Bitcoin (BTC)

In a frustrating move for both institutional and retail investors, the United States Securities & Exchange Commission (SEC) has ruled to delay its decision on Bitcoin ETFs–again. Since mid-2018, Bitcoin Exchange-Traded Funds (ETFs) have been the hot topic of conversation in cryptocurrency and a focal point for the industry in encouraging institutions to invest in Read more…

Bitcoin Crypto Analysis Cryptocurrency News Market

Shorts (Finally) Squeeze As Bitcoin (BTC) Settles Around $7,200

Bitcoin Shorts Finally Begin To Liquidate At last, the long-awaited short squeeze has begun to grace Bitcoin (BTC). For those unaware, over the past three or so weeks, the amount of money shorting BTC on platforms like Bitfinex and BitMEX has exploded, as the news regarding Tether and Bitfinex’s potential insolvency and the Binance hack Read more…