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Bitfinex Faces Legal Action From NY Attorney General: Here’s What This Means

The New York Office of the Attorney General (AG) wants to take a closer look into the business operations of Bitfinex and related stablecoin issuer Tether (USDT). According to a legal petition filed with the Supreme Court of New York, the NY Attorney General Office of Letitia James is applying for a court order to investigate Bitfinex’s suite of interrelated companies (including its umbrella firm iFinex and Tether Holdings Limited) for “ongoing fraud” to the tune of $850 million. дальше »

2019-4-27 01:30


Bitcoin [BTC] mining could go nuclear; Belarus emerges as China successor

Belarus has emerged as a contender to take the cryptocurrency mining mantle for China, following the latter’s proposed ban that looks to outlaw the domestic mining industry. Aleksandr Lukashenko, the President of the eastern European country, voiced his support for the decentralized currency industry in what will be a new chapter for the country. дальше »

2019-4-20 12:30


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Litecoin Price Continues to Rip Pre-Halvening, But May Need a Correction

Litecoin (LTC) continues to lead the altcoin market with a recent push to establish an even higher level of support and sustain trading in a new range against Bitcoin (BTC).   Litecoin’s Weekly Chart When trading against Bitcoin (BTC), Litecoin (LTC) has respected each level and zone created by a simple Fibonacci Retracement measure. дальше »

2019-4-8 01:30


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Bitcoin Price Analysis: Upward Drift Continues Following Established Macro Support

Since mid-February, the bitcoin market has continued to drift upward toward a band of strong, macro resistance (shown below as a red band). This slow, drift upward marks our fourth test of the resistance zone and, unlike the three prior tests, our rejection of the level has shown a weakness on the side of the bears:Figure 1: BTC-USD, Daily Candles, Fourth RejectionIf we compare the three prior rejections (labeled 1, 2 and 3), we see that the move into this resistance level was violent — and had equally violent rejections. дальше »

2019-3-29 02:21


Cardano [ADA] pumps by 7% following Ledger Nano S support hint and Binance stablecoins-pair launch

On the back of a bullish week following a slew of announcements, Cardano [ADA] surged once again. Cardano rose to become the second highest gainer in the elite coins, behind EOS. The primary reason speculated for the surge in prices is the integration of the coin on the new Ledger Nano S, by the French […] The post Cardano [ADA] pumps by 7% following Ledger Nano S support hint and Binance stablecoins-pair launch appeared first on AMBCrypto. дальше »

2019-3-27 09:40


What is MMT and Why Is It Causing A Stir in America?

At a time when some market observers are increasingly of the opinion that America may be heading toward a recession, a fringe financial theory is starting to make its way around Washington DC. Pushed by bipartisan support from prominent politicians like Alexandria Ocasio-Cortez and – some would argue Donald Trump himself – Modern Monetary Theory (MMT), which has hitherto been regarded as a borderline lunatic idea is making a serious comeback into the political and economic conversation. дальше »

2019-3-19 14:11


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Bitcoin Price Analysis: Low Time Frames Show Signs of Life Amid Weekly Tests

Bitcoin continues to coil tightly within its range-bound market as the bulls and bears fight it out to see which is most dominant. On the lower time frames (TF), bitcoin is managing to find support:Figure 1: BTC-USD, 2-Hour Candles, Low TF SupportThe zone outlined by the green line in Figure 1 represents local support that has kept the market afloat for the last week and a half. дальше »

2019-3-13 22:26