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Ethereum Whales Kick Off Crypto Crash With 4,000 ETH Dump.

An Ethereum whale dumping as much as 4,000 ETH on Binance this morning might have been responsible for kickstarting the crypto market downturn. How deep could the correction in Ethereum get, after such a substantial rally all throughout 2020? DeFi Trend Fallout Takes The Legs Out From Under Ethereum Bull Run Late US President John […] origin »

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HSBC Bangladesh Issues the First Letter of Credit on the Blockchain.

HSBC Bangladesh has executed a blockchain-based Letter of Credit (LoC) transaction helping reduce wait time from 5-10 days to less than 24 hours, a Nov 1 report by the Daily Star reveals. HSBC Bangladesh Issues the First Letter of Credit (LoC) on the Blockchain A Letter of Credit is a commercial document issued by the bank andRead MoreRead More. origin »

China’s Digital Yuan Reaches $300 Million Spent.

The People’s Bank of China’s CBDC pilot program has seen $300 million worth of Digital yuan spent, as of Nov 2, 2020. This occurred over four million separate transactions. China’s Digital Future While the race for a large economy to launch a digital currency continues unabated, China is making some headway. origin »

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Ripple joins the Civic Alliance to promote democracy in the US.

Ripple, the crypto startup behind one of the world’s largest cryptocurrencies, XRP, has recently announced that it joined the Civic Alliance. The alliance’s goal is to promote democracy in the US by encouraging impartial voter participation, and by joining it, Ripple seemingly decided to take on the same mission. origin »

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DeFi sector struggles as Bitcoin sees another surge.

Both Bitcoin (BTC) and the DeFi sector have grown side-by-side in 2020 following the mid-March global economy meltdown, but now, the two started moving in the opposite direction. As Bitcoin price recently surged, the DeFi sector started seeing a significant decline, which caused some to start speculating about the two potentially being connected in some way. origin »

Chainlink price oracles integrate with Equilibrium.

The Cryptocurrency market has been volatile but crypto assets like Chainlink [LINK], have kept many traders afloat. The year-to-date returns of LINK were marked over 400%, while many other major projeThe post Chainlink price oracles integrate with Equilibrium appeared first on AMBCrypto. origin »

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Indicator Shows Bitcoin is “Overbought” as Average Investor Profit Hits 115%.

Bitcoin may be forming a mid-term top around its recent highs, with the multiple rejections posted at $13,800 not bearing too well for its short-term outlook The cryptocurrency remains caught within a potent uptrend, but this level is proving to be incredibly difficult for bulls to break If they continue failing to find any stability around this level despite the bullish monthly candle close, it could point to weakness amongst buyers One analytics firm is […] origin »

Meet the Projects Pushing Stablecoin Adoption.

In the last year, stablecoins have gone from representing just a tiny fraction of global cryptocurrency trading volume to more than half of it. This, because more users than ever before now use stablecoins to exit volatility, invest, and make payments. origin »

Chainlink, IOTA, DigiByte Price Analysis: 03 November.

Crypto Fear and Greed Index stayed unchanged from the previous day at 71. The weekly and the monthly candle closed at $13,800 which is a high timeframe resistance level, and the last major level beforThe post Chainlink, IOTA, DigiByte Price Analysis: 03 November appeared first on AMBCrypto. origin »

Bitcoin Cash, EOS, Dogecoin Price Analysis: 03 November.

Bitcoin failed to hold on to $13,700 over the past few hours and slid to $13,400. A deeper correction could be in play as analysts expect a move to $12.7-$12.9k. Altcoin markets took a hit on Bitcoin'The post Bitcoin Cash, EOS, Dogecoin Price Analysis: 03 November appeared first on AMBCrypto. origin »

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More than 10M USDT Raised on Gate.io IEO Platform ‘Startup’ in Few Weeks.

Prominent cryptocurrency exchange Gate. io recently announced that more than $10 million worth of USDT was raised through its initial exchange offering (IEO) platform dubbed Startup. Startup Proves to Be a Resounding Success Notably, Startup was tapped by projects such as W3ooTrade (WOO), CoralSwap (Coral), and Juggernaut (JGN) which were, collectively, successful in raising more thanRead MoreRead More. origin »

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