Crypto Roundup: August 23rd, 2021

Bitcoin has once again passed the key milestone of $50K after a week that saw some of the biggest global corporations make moves on the digital asset market. Retail giant Walmart posted a job for a crypto expert to investigate virtual payment options, Facebook announced that their crypto wallet is approaching its launch date, and Microsoft said it is considering using Ethereum to counter-piracy. дальше »

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How Coinbase plans to accumulate Bitcoin going forward

It has been a monumental year for Coinbase. 2021 saw its IPO launch and after an initially rocky start, the organization was able to close out a profitable 2nd financial quarter. With Bitcoin recoveriThe post How Coinbase plans to accumulate Bitcoin going forward appeared first on AMBCrypto. дальше »

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“Buckets Of Addresses” Accumulating Bitcoin Suggests Rally Past $50K Is Sustainable

Bitcoin broke the $50,000 mark for the first time this weekend. The first cryptocurrency by market cap saw a pullback and now trades at $49,554 with a 2. 2% and 5. 4% profit in the daily charts, respectively. дальше »

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These metrics don't look ideal for Dogecoin

It has been a while since the market has heard DOGE's bark. Notably, the past week saw the meme-coin's value go as high as $0.34. However, it couldn't sustain the aforementioned level for long and wasThe post These metrics don't look ideal for Dogecoin appeared first on AMBCrypto. дальше »

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Bitcoin goes past $50,000 again, but is the recovery complete

It's been a while since traders saw Bitcoin breach an important psychological level on the charts. The efforts of buyers in the market were rewarded today after the digital asset broke past its resistThe post Bitcoin goes past $50,000 again, but is the recovery complete appeared first on AMBCrypto. дальше »

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Is $350 REALLY a long shot for Monero

Just like most other alts in the market, Monero too saw a decent rally over the past week. Apart from the broader market sustaining its uptrend, however, another critical factor had a role to play thiThe post Is $350 REALLY a long shot for Monero appeared first on AMBCrypto. дальше »

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Why Bitcoin's market right now is more bullish than otherwise

Bitcoin has maintained itself well above $47.5k since 20 August. As its price broke above the critical $48k barrier, many from the community saw the path beyond $50k clearly. Since the king coin stillThe post Why Bitcoin's market right now is more bullish than otherwise appeared first on AMBCrypto. дальше »

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Bitcoin Mining Industry Booms As Daily Revenue Skyrockets Past $40 Million

The Chinese crackdown on the cryptocurrency industry saw over 50% of the hashrate of Bitcoin mining go offline. The Bitcoin network has however shown its resilience as it is recovering remarkably well from the FUD generated by the crackdown on Bitcoin mining in China. дальше »

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Terra sees a monthly burn of $185 million worth of LUNA tokens

LUNA, the native cryptocurrency of a project called Terra, recently saw a nearly 80% price surge over the course of the last week. The protocol, created by a team of developers from South Korea, even managed to surpass another leading project, Polygon (MATIC/USD), formerly known as Matic Network. дальше »

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Cardano Posts New All-Time High Taking 3rd Spot From Binance Coin In The Process

Monster gains for Cardano over the last two weeks have seen ADA grow 80% in value during this period. In doing so, the early hours of today saw ADA hit a price of $2. 56, making a new all-time high. дальше »

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This emerging trend in Ethereum's market could dictate where ETH goes next

Ethereum, after three weeks of strong price performances, finally found support above the $3k level. However, as the market consolidated, Ethereum’s price saw a few dips over a few days. Its price aThe post This emerging trend in Ethereum's market could dictate where ETH goes next appeared first on AMBCrypto. дальше »

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Tezos, Monero, NEM Price Analysis: 19 August

Bitcoin and Ethereum slowly started to reverse their losses, however, altcoins saw some independent movement on the charts. Tezos climbed by 2% while Monero traded below its $257. 25 support level. дальше »

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Litecoin, MATIC, Uniswap Price Analysis: 19 August

Following southbound price movements in the broader crypto-market, the altcoin industry saw a lot of profit-taking. Altcoins such as Litecoin, MATIC, and Uniswap all retreated on their charts by 2. дальше »

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Liquid Global exchange loses approximately $80M following an attack

Liquid Global, a Japanese crypto trading platform, has suffered a hack that saw malicious actors walk away with approximately $80 million (£58. 44 million). The exchange unveiled this news through a tweetstorm earlier today, noting that the hackers exploited a security vulnerability to breach its warm wallets. дальше »

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Bitcoin price holds above $44k as bulls seek fresh momentum

The crypto market is looking to turn positive after a brief downturn saw BTC…

The post Bitcoin price holds above $44k as bulls seek fresh momentum appeared first on Coin Journal.

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Report: global crypto adoption is up 881% over the past year

Chainalysis released the 2021 Global Crypto Adoption Index yesterday, which saw Vietnam take the… The post Report: global crypto adoption is up 881% over the past year appeared first on Coin Journal. дальше »

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IBM, Nomura Research seek blockchain use in plastic recycling

An effort started in April saw IBM Japan and Mitsui Chemicals develop a framework… The post IBM, Nomura Research seek blockchain use in plastic recycling appeared first on Coin Journal. дальше »

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Why this strategy is the best bet for Cardano traders

The Cardano market was easing after a boastful week that saw prices surge from $1.45 to a local high of $2.25. Low volatility could now see ADA trade between two crucial points which would dictate theThe post Why this strategy is the best bet for Cardano traders appeared first on AMBCrypto. дальше »

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Bitcoin Whales Looking To Buy The Dip As $222 Million Worth Of Stablecoins Flow Into Exchanges

On-chain data shows huge inflows of $222 million worth of stablecoins on exchanges, suggesting Bitcoin whales might be looking to buy the dip. Centralized Exchanges Observe $222 Million Worth Of Stablecoin Inflows As pointed out by a CryptoQuant post, centralized exchanges saw inflows of more than $222 million worth of stablecoins yesterday. дальше »

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BIC’s Video News Show: Poly Network Hack

In this episode of the BeInCrypto video news show, host Jessica Walker addresses the Poly Network Hack. Last week saw one of the biggest crypto hacks ever, with almost $600 million in crypto being taken from the Poly Network. дальше »

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WAVES, Ethereum Classic, and Binance Coin: What traders can expect from these alts

During the recent rally which saw Bitcoin and Ethereum rise significantly, there were other altcoins that actually beat them in terms of growth but did not get much attention. Understanding their metrThe post WAVES, Ethereum Classic, and Binance Coin: What traders can expect from these alts appeared first on AMBCrypto. дальше »

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DOGE Is Barking At The Moon As Price Settles Above $0.30, Why The Dogecoin Rally Will Continue

Dogecoin is bouncing back in a way that no one anticipated. The asset posted a weekend recovery the saw the price of the coin breaking above $0. 30. The last time the price of Doge was above $0. 30 was back in June. дальше »

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After briefly hitting $48k, will Bitcoin follow this 'worst case scenario'

The value of the largest cryptocurrency, Bitcoin [BTC] finally breached $48,000. It witnessed a surge of nearly 9% over a day and saw the price hit this level for the first time, after its massive falThe post After briefly hitting $48k, will Bitcoin follow this 'worst case scenario' appeared first on AMBCrypto. дальше »

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Why a rise above this level seems imminent for Ethereum

The Ethereum market was on its way to form a fourth straight green candle on the weekly chart. The prior week saw the formation of 'three white soldiers' which served as a possible reversal confirmatiThe post Why a rise above this level seems imminent for Ethereum appeared first on AMBCrypto. дальше »

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Poly Network Confirms Hacker Has Returned Most Of The Stolen Crypto

The crypto market has been rocked by the news of what might be the biggest DeFi hack in history. On August 10th, the exploitation on the Poly Network saw the hacker(s) make away with more than $600 million in crypto. дальше »

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Crypto Betting Strategies & Platforms You Can Use

As a crypto supporter from the day Bitcoin first made rounds as an alternative digital currency, I often wondered if a time will come when crypto betting will be a real thing. Fast forward to 2021, and I am pleased to say that my dream saw the light of the day! I can now indulge […] дальше »

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Biden’s infrastructure bill doesn’t undermine crypto’s bridge to the future

Some saw beneficial effects from the week’s legislative face-off. Still, “crypto and blockchain technology is at a significant moment.” дальше »

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Fortune’s first-ever NFT auction rakes in 429 ETH worth $1.3M

Fortune, an American business magazine, has completed its first non-fungible token sale. The magazine announced this news earlier today, noting that the auction took place in the past week. Reportedly, this NFT sale saw the magazine net 429 ETH worth approximately $1. дальше »

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Polygon’s gaming studio launches new Cricket NFT Platform, should you invest in MATIC?

Polygon MATIC/USD is a platform for Ethereum scaling and infrastructure development that allows the creation of multiple types of applications through its Polygon SDK. Furthermore, we also saw tremendous growth in regards to the popularity of non-fungible tokens (NFT) trading cards and memorabilia. дальше »

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Can XRP decouple from Bitcoin and the rest of crypto any time soon

The market is cooling off from yesterday's rally, which saw the cryptocurrency market capitalization cross the $2 trillion threshold for the first time in months. BTC was down by 1.45% over the past The post Can XRP decouple from Bitcoin and the rest of crypto any time soon appeared first on AMBCrypto. дальше »

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Crypto Market Cap Briefly Hits $2T as Analysts Predict Further Bitcoin (BTC) Price Increase

Wednesday saw the value of cryptocurrencies worldwide hit $2 trillion again, and the total crypto market volume gained 20 percent to over $130 billion. It reached a new high for the first time since crashing almost three months ago. дальше »

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Best places to buy Lightning Bitcoin (LBTC) after surging 145% on Tuesday

On August 10, Lightning Bitcoin (LBTC), a relatively new cryptocurrency, made a surprising bullish surge that saw it rise by 145% in less than 24 hours. And contrary to other similar trends where the market tends to retrace to correct the sudden surge in prices, the Lightning Bitcoin (LBTC) seems set to continue building on […] The post Best places to buy Lightning Bitcoin (LBTC) after surging 145% on Tuesday appeared first on Invezz. дальше »

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Which way to move? Polkadot traders have these options

The past week saw Polkadot rebound from $17 which allowed the alt to form a higher high and maintain its uptrend. Prices now traded within the confines of an ascending triangle but there were some warThe post Which way to move? Polkadot traders have these options appeared first on AMBCrypto. дальше »

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‘Ethereum Driving Crypto Markets, Not Bitcoin’ Asserts Quantum Economic Exec Following London Hard Fork

Competition between Ethereum and Bitcoin for dominancy seems to have stepped up especially after last week’s “London” dubbed hard fork which saw the second-largest cryptocurrency by market capitalization change the way transaction fees, or “gas fees,” are estimated, leaving Bitcoin struggling in the murky waters of energy concerns. Experts have continued to weigh in on […] дальше »

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This market leader expects Ethereum to have a 'price earning ratio about...'

Ethereum's comparison with Bitcoin saw proponents within both communities debate over the topic every time either asset witnesses a tech development or price surge. With Bitcoin and Ethereum gaining mThe post This market leader expects Ethereum to have a 'price earning ratio about...' appeared first on AMBCrypto. дальше »

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Coinbase Brought In $2.23 Billion Of Revenue, 8.8 Million Monthly Transacting Users In Q2

Coinbase brought in over $2 billion in revenue and saw monthly transacting users grow 44%. дальше »

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Crypto Market Cap Inches Closer To $2 Trillion, What To Expect From The Market

Crypto market inches closer to a $2 trillion market cap with each rally. The total market cap had crashed following its peak back in May when the entire market saw a crash across prices. Since then, the movement of the market cap has wavered between slight recoveries and dips. дальше »

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India Just Got Its First Crypto Unicorn

Despite the government’s nonchalance, the Indian cryptocurrency scene is becoming ever more exciting. On Tuesday, the country saw the emergence of the first crypto unicorn. CoinDCX, which was founded barely a few days before the RBI had imposed a ban on cryptocurrencies in India in 2018, has turned into a $1-billion company. CoinDCX Co-founder and […] дальше »

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XRP Lawsuit: With this latest move 'now we see a major part of the SEC's strategy'

The United States Securities and Exchange Commission's lawsuit against Ripple Labs, saw new development and is currently trending in the news again. Securities and Exchange Commission (SEC) attorneThe post XRP Lawsuit: With this latest move 'now we see a major part of the SEC's strategy' appeared first on AMBCrypto. дальше »

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Looking at Ethereum now, it won't be 'crazy' to expect this

Ethereum, the second-largest crypto-token, following its much-anticipated EIP-1559 upgrade saw a significant jump into the green  zone. However, at the press time, the largest altcoin was trading at The post Looking at Ethereum now, it won't be 'crazy' to expect this appeared first on AMBCrypto. дальше »

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The evolving relationship between Bitcoin and the Kimchi premium

With Bitcoin crossing the $45K mark, everyone was bullish on the king coin, but one section of traders saw their profits drowning. Well, this might seem unlikely during a bull run, it holds true for tThe post The evolving relationship between Bitcoin and the Kimchi premium appeared first on AMBCrypto. дальше »

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DOGE and SHIB See Biggest Gains in Top 100 Over Weekend

Dogecoin (DOGE) and Shiba Inu (SHIB) saw the biggest gains over the weekend as market sentiment appears to have shifted in favor of bullish sentiment. The post DOGE and SHIB See Biggest Gains in Top 100 Over Weekend appeared first on BeInCrypto. дальше »

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TRON, IOTA, SUSHI Price Analysis: 06 August

After Ethereum's price closed above $2,800 following the London hard fork, other alts saw gains over the last 24 hours. The likes of TRX and IOTA hopped above their immediate resistance levels, while The post TRON, IOTA, SUSHI Price Analysis: 06 August appeared first on AMBCrypto. дальше »

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Cardano is still in demand, but is it enough for another rally

Since its launch in the year 2017, Cardano's price has subjected itself to wild swings. However, the past few weeks have been pretty monotonous for ADA. Early 2021 saw Cardano's price shoot up signThe post Cardano is still in demand, but is it enough for another rally appeared first on AMBCrypto. дальше »

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XRP lawsuit: Judge grants Ripple CEO's motion to obtain docs from Binance

The United States Securities and Exchange Commission's lawsuit against Ripple Labs saw a recent development after U.S. Magistrate Judge Sarah Netburn granted Ripple CEO Brad Garlinghouse's motions to The post XRP lawsuit: Judge grants Ripple CEO's motion to obtain docs from Binance appeared first on AMBCrypto. дальше »

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Ethereum, China, and how they played a part in Tether's flattened supply

Every sector within the digital asset industry saw significant growth in 2021. This included developments in DeFi, Bitcoin's new ATH levels, and the growth of pre-existing projects such as Cardano andThe post Ethereum, China, and how they played a part in Tether's flattened supply appeared first on AMBCrypto. дальше »

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Identifying which way is next for Bitcoin based on these metrics

Owing to the price rise Bitcoin saw a few days ago, the market has been consistently bullish. However, the question of where it might be heading now is a hot topic since corrections followed soon afteThe post Identifying which way is next for Bitcoin based on these metrics appeared first on AMBCrypto. дальше »

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Here's the caveat to Bitcoin Cash, Ethereum Classic's price actions

On the back of recent gains, most altcoins started moving north too. In fact, before minor corrections set in, these alts saw pretty decent rallies, with Bitcoin Cash and Ethereum Classic among them. дальше »

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Polkadot (DOT), Dogecoin (DOGE) dump 5% as crypto markets correct

The crypto market saw a minor sell-off this morning on the back of regulatory developments out of America, with some large-cap cryptocurrencies dropping as much as 5%. The post Polkadot (DOT), Dogecoin (DOGE) dump 5% as crypto markets correct appeared first on CryptoSlate. дальше »

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Cash App Bitcoin Revenue Rose 200% In Q2 As Demand Grows

Square’s Cash App has reported that the platform saw a 200% increase in Bitcoin revenue. This comes despite Square suffering a $45 million impairment from its Bitcoin investment. Yearly revenue reports saw Cash App’s revenue go from $875 million to $2. дальше »

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