Bitcoin Cryptocurrency News Market

What’s Happened to Gemini Dollar? Supply Down 92% YTD

Demand for Gemini exchange’s native stablecoin, Gemini dollar (GUSD), has dropped significantly over the last 7 months while other pegged-value assets continue to soar. Gemini Dollar Falls Behind The market capitalization of the dollar-pegged token has been on its way down since December 20, 2018. It has slipped from an all-time high of $103.106 million Read more…

Blockchain Cryptocurrency News

Japan planning to set up an international network for cryptocurrency payments

Japan is at the forefront of the crypto-revolution, with the Asian giant taking the lead in bringing innovation to the field of cryptocurrencies and blockchain. This fact was further highlighted by a recent report by Reuters which said that Japan is planning to set up an international network for cryptocurrency payments, something very similar to […]

The post Japan planning to set up an international network for cryptocurrency payments appeared first on AMBCrypto.

Cryptocurrency News Ethereum Market

Will Ethereum-collateralized DAI resuscitate or will it collapse?

MakerDao’s stablecoin, Dai, which is collateralized with cryptocurrency [Ethereum by default], is collapsing, according to Preston Byrne. In his tweet thread, Byrne described that the peg for Dai has been weakening over the years and his prediction of it being “a bunch of twaddle” had turned out to be true. Since Dai is massively overcollateralized […]

The post Will Ethereum-collateralized DAI resuscitate or will it collapse? appeared first on AMBCrypto.

Binance Cryptocurrency News

Binance Launches Margin For Bitcoin, Ethereum, & More

Binance Embraces Margin Announced just minutes ago, Binance, one of the world’s largest crypto exchanges, has launched margin trading. Per a blog post detailing the new product, this new product is part of Binance’s “effort to help push the industry forward and freedom of money”. Per a quote from the exchange’s beloved CEO, Changpeng “CZ” 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…

Binance Cryptocurrency News Ethereum

Coinbase Competition Grows as Veteran CEX.io Launches US Office

Users of long-time Coinbase competitor CEX.io will have gotten an e-mail today informing them of the exchange’s decision to open a U.S. entity. It’s official!https://t.co/OPoleqNuJO has received a Money Transmitter License in 9 more states: Iowa, Kansas, New Mexico, Oklahoma, South Dakota, West Virginia, Maryland, Alaska, and New Hampshire. Welcome to secure and regulated #crypto Read more…

Cryptocurrency News Market

Facebook announces Libra coin and Calibra Wallet App in Global Money Pitch

Last updated 11:18 GMT 18 June 2019 Facebook has announced Libra,  its cryptocurrency its says is “reinventing money” Sending money will be a simple as sending a message or photo for users of its WhatsApp and Messenger products, Facebook claims. The whitepaper for the Libra blockchain is available here. The network is scheduled to go 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 […]

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