With Bitcoin continuing its impressive rally on the price charts, investors all around the world are participating in trading the digital asset. On the back of the world’s largest cryptocurrency recording a new ATH beyond $35,000, this is likely to be the case in the near-term as well. Europe is no exception to this rule,Continue reading “CoinShares XBT Provider ETPs record trades worth $202M on 2021’s first day”

Bitcoin’s price seems to be showing no signs of stopping any time soon. After having breached one resistance level after another over the past few weeks, Bitcoin today breached another, the $35,000-mark, attaining a new ATH in the process. Bitcoin’s latest price surge came on the back of an 8.9% surge over 12 hours. ItContinue reading “New ATH Alert: Bitcoin shoots past $35,000 as yet another resistance level falls”

Justin Sun, Founder and CEO of TRON, recently took to Twitter to dispel rumors that Tron was in the middle of extensive regulatory scrutiny in the United States and China. According to Sun, neither the TRON Foundation nor BitTorrent has received any notice of regulatory proceedings from any regulatory agency, with the exec adding, “WeContinue reading “Justin Sun dispels rumors that TRON is under regulatory scrutiny”

Popular crypto-exchange FTX is in the news today after it listed $GBTC, $ETHE, and $BITW Spot and Futures. These are tokenized versions of Grayscale Bitcoin Trust (GBTC), Grayscale Ethereum Trust (ETHE), and Bitwise Index (BITW). The listing of these particular tokenized spot positions on FTX represents the first time a centralized exchange has carried outContinue reading “FTX lists $GBTC, $ETHE, and $BITW Spot and Futures”

BitFarms, a publicly-listed Bitcoin mining operation in Canada, has raised funds amounting to CAD $20 million from U.S-based institutional investors in its latest investment round. According to a press release shared with AMB Crypto, the company entered into subscription agreements with certain institutional investors via a private placement comprised of 8,888,889 common shares, along withContinue reading “Canadian Bitcoin mining operation raises CAD $20M from U.S investors”

Popular American VC firm Andreessen Horowitz, more commonly known as a16z, is in the news today after it filed a response urging FinCEN to withdraw its proposed rule or at the very least, extend the comment period attached to it. The comment period should be extended so that FinCEN “can engage in a meaningful consultationContinue reading “a16z urges FinCEN to withdraw proposed rule citing ‘Fourth Amendment concerns’”

On the back of consistent price surges over the last week, it seemed that Bitcoin, Ethereum, and the rest of the market were finally registering some corrections on the charts. However, that wasn’t to last as the larger crypto-market hiked after the U.S Treasury’s Office of the Comptroller of the Currency (OCC) issued an interpretiveContinue reading “What are the implications of OCC’s letter for USDC, XRP?”

An exploit has been discovered on yCredit, only a day after the protocol was launched, according to sources. Launched by Yearn Finance Founder – Andre Cronje, the newly created DeFi protocol was intended to give users ‘tokenized yield credit’, wherein whenever a user makes a deposit, he/she will receive 99.5% of it as a creditContinue reading “Exploit discovered on Andre Cronje’s latest project yCredit”

Cryptocurrencies surged in the past year, as market participants recorded sizeable returns and mainstream adoption increased significantly. Crypto rewards platforms too benefited from these developments, noting record high-interest payments to clients on numerous cryptocurrencies deposited. Rewards platform, Celsius Network announced earlier today that it will be adding Cardano [ADA] to the list of supported cryptocurrenciesContinue reading “Celsius Network confirms ADA will be added in Q2 2021”

“The delisting of privacy coins from regulated exchanges was the inevitable escalation in government attempts towards totalitarian financial surveillance.”, Andreas Antonopoulos stated on Twitter, following the latest announcement from Bittrex. The Crypto exchange announced on Friday that it will be delisting Monero (XMR), Zcash (ZEC), and Dash (DASH) on Jan 15. While the Exchange didContinue reading “Bittrex delists privacy coins, Antonopoulos terms this an attempt at ‘financial surveillance’”

Ripple v. SEC will have some far-reaching implications for the crypto-industry. In fact, as former SEC Commissioner Joseph Grundfest recently suggested in a letter to Jay Clayton, the Ripple lawsuit will cause “multi-billion dollar losses to innocent third parties.” The lawsuit in question alleges that XRP is a security that must be registered with theContinue reading “Will 2021 see mass exodus of crypto-companies like Ripple? How much does the U.S stand to lose?”

Cardano Founder Charles Hoskinson took to YouTube recently to share his thoughts on what 2021 holds for Cardano’s governance, calling it “the most exciting year in the history of the project.” After gathering enormous amounts of data and training over 1000 Stake Pool Operators (SPOs), Cardano launched Shelley in July, a development which Hoskinson describedContinue reading “Cardano’s on-chain governance meant to restrict exchange participation”