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Bitcoin exchange balances shrink to yearly-low; Ethereum exhibits an opposing trend

Bitcoin halving hype has faded and the coin hasn’t had any violent price swings since the event. Over the past few weeks leading up to the halving, BTC accumulation rose to record levels as hodlers in

The post Bitcoin exchange balances shrink to yearly-low; Ethereum exhibits an opposing trend appeared first on AMBCrypto.

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Blockchain Cryptocurrency News

Tether’s Dominance Solidified as more Exchanges Launch Bitcoin USDT Futures Contracts

In brief: In the last week, two prominent crypto exchanges have launched Bitcoin USDT perpetual contracts. They include Bybit and KuMex (KuCoin’s derivatives platform.) Tether (USDT) is ranked 4th according to market cap.  Its website states the company has $6.229 Billion in assets.  Trading of Bitcoin futures contracts has become more popular as crypto traders Read more…

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Bitcoin Cryptocurrency News

Bitcoin Exchange Outflows Hit 8-Month High, HODL’ing Soars

Bitcoin adopters seem eager to hold their own coins as withdrawals now outpace deposits on exchanges. This cryptocurrency outflow reflects the growing unease about the state of the global economy, as well as the stability of the crypto space. BITCOIN EXCHANGE BALANCES HAVE BEEN DECLINING FOR WEEKS Analytics firm Glassnode has noted that exchange liquidity Read more…

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Bitcoin Cryptocurrency News

Bitcoin Could be a ‘Spaceship’ for Many Americans: Binance US CEO

Using Nasdaq as her platform Binance.US founder and CEO Catherine Coley, commented on the state of Bitcoin and cryptocurrency adoption in the US.  Misunderstanding Gap Fueled by Media Coley points out that the United States had typically been viewed as a world leader in innovation and entrepreneurship. However, it is greatly lagging behind when it Read more…

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Binance Cryptocurrency News

Binance Announces First Ever Bank Integration For Direct Turkish Lira Deposits And Withdrawals

Leading cryptocurrency exchange, Binance has partnered with Akbank, one of Turkey’s most forward-thinking banks to provide the first direct bank channel integration for instant fiat deposits and withdrawals, according to a press release shared with Cryptopotato. Starting today, the integration will allow Turkish users on the Binance trading platform to instantly deposit and withdraw the Read more…

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Bitcoin Cryptocurrency News

Many Blast SEC for Denying Bitcoin ETF Proposal: Here’s Why

For years, crypto financial services firms across the U.S. have been trying their hand at launching publicly-traded Bitcoin funds (ETFs). Unfortunately for these hopefuls, the U.S. Securities and Exchange Commission (SEC) has long not agreed with these firms’ assertions that the cryptocurrency market is ready for its own regulated, tradable fund. This was confirmed to Read more…

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Altcoin Bitcoin Crypto Analysis Cryptocurrency News

Bitcoin To Reach New ATH In 2020 Following A Massive Sell-off: YouTuber MMCrypto Trader’s Digest

YouTube becomes an important video-sharing platform for the cryptocurrency community by the day. More and more people are starting to produce quality content, covering the field in its numerous aspects. If you’ve been following Bitcoin-related videos on YouTube, there’s a high chance that you’ve heard and stumbled upon MMCrypto’s channel. It’s among the fastest-growing channels Read more…

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Blockchain Cryptocurrency News

SEC Forces Crypto Company to Return ICO Funds to Investors

The U.S. Security and Exchange Commission (SEC) has ruled that startup Enigma MPC violated federal securities laws when it conducted the ENG token ICO. The company must refund investors and pay a fine. SEC DECLARES ENG TOKENS AS SECURITIES  The ICO took place in November, 2017 and raised approximately $45 million dollars. ENG is an Read more…

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Binance Bitcoin Cryptocurrency News

3 Reasons Why Crypto Markets Have Crashed Today

Last week, we were firmly back in bullish terrain with jubilant voices standing by bold predictions. Bitcoin and altcoins were all up with Ethereum leading the charge. This Monday, however, we’re back to a red crypto market. What Caused the Crypto Market Crash? As Bitcoinist reported earlier today, the weekend was savage for cryptocurrency. The Read more…