Data shows that the impacts of the recent Twitter hack were fairly limited, with a small handful of users sending just over $100,000 worth of Bitcoin to the address shilled as part of a classic crypto giveaway scam. According to recent reports, it appears that the impacts of the scam were almost far greater than […]
Kraken’s June 2020 Bitcoin Volatility Report posits that bitcoin (BTC) annualized volatility crashed to a 6-month low of 51 percent and a reversal in the coin’s bullish trend increased its correlation with the S&P 500 from 0.13 to 0.52. Bitcoin Increasingly Correlating with SP 500 and Gold According to Kraken’s June 2020 Bitcoin Volatility Report, […]
A drop in Bitcoin trading resulted in a six-month low of Bitcoin’s annualized volatility. Though Bitcoin’s (BTC) correlation with gold has diminished, the asset’s correlation with the S&P 500 stock market index is on the rise, researchers from Kraken exchange found. Kraken Intelligence, a research arm of major United States cryptocurrency exchange, Kraken, released a […]
An on-chain metric which has been declining since 2017 is now signaling a bullish trend, analysts from Stack Funds say. A new report analyzing on-chain activity says that Bitcoin (BTC) is now due for a bullish phase based on supply movements. Published by asset manager Stack Funds on July 2, the findings suggest that 90-day […]
Bitcoin rose in the first session of July as it maintained its short-term positive correlation with the S&P 500. The gains followed the release of the ADP National Employment Report, revealing an addition of 2.4 million jobs in the nonfarm private sector in June. Meanwhile, analysts warned about deeper corrections in both the Bitcoin and […]
A report released by crypto exchange Binance illustrates how scams targeting cryptocurrency investors attempt to gain credibility. A report released by major crypto exchange Binance illustrates how scams targeting cryptocurrency investors attempt to gain credibility. In the report published on June 30, the exchange explained that its Binance Sentry risk investigation service observed reports of […]
Bitcoin’s status as a “safe haven asset” has grown in recent times due to its performance against a backdrop of global uncertainty This narrative has also been bolstered by the massive amounts of money printing and inflation seen throughout the globe The recent halving event shined a spotlight on Bitcoin’s deflationary structure and fixed supply […]
Cryptocurrencies are truly global in nature, and anyone anywhere with an internet connection and a wallet can make transactions without any external intervention. The second most populous country, India is one of the fastest-growing crypto markets with a huge potential waiting to be tapped. Recognizing the importance and an opportunity to further the cause of […]
Trading behemoth eToro recently published its latest quarterly report for cryptocurrencies titled “The State of Digital Assets Q1 2020.” Interestingly, data from the report suggests that XRP is the most popular cryptocurrency among the platform’s user base as more than half of them hold Ripple Inc.’s digital token. eToro Users Big on XRP Cryptocurrency exchange […]
Fear of the Coronavirus pandemic infected investor confidence, leading Bitcoin price to crash by 50% but as this occurred retail demand for Bitcoin increased and institutions left. Although the Coronavirus pandemic has led many brick and mortar industries to close operations, cryptocurrency exchanges seem to have had their best month in a long time. According […]
About 11% of all Indonesians own some form of cryptocurrency, according to a recent report by Hootsuite, which cited GlobalWebIndex. 11% of Indonesians Own Cryptocurrency as Fiat Currency Devalues With over 270 million people, Indonesia is the fourth most populous country in the world, and the fact that 1 out of 9 citizens own cryptocurrency […]
Ransomware attacks and similar extortion schemes took in an estimated $144 million in the course of 7 years. FBI estimates show most of the ransoms were paid in Bitcoin (BTC) and went straight to mixers or exchanges. Most Ransomware Required Payment in Bitcoin Attacks that lock files and require a ransom to decrypt them have […]
Over the past few years, we’ve seen Bitcoin change from a spot trading-only market to one dominated by derivatives — evidenced by the investor activity seen on BitMEX, Deribit, the CME, Bakkt, and other crypto derivatives platforms. Indeed, the lifetime aggregate volume on BitMEX’s XBT swap future recently surmounted $2 trillion, and the CME has […]
A report published by VanEck suggests that institutional investors should allocate a small percentage of their capital to Bitcoin. A report published by investment management firm VanEck on Jan. 29 suggests that institutional investors should allocate a small percentage of their capital into Bitcoin (BTC). Per the report, “Bitcoin may enhance the risk and return […]
A report published by crypto market research firm Arcane Research, Bitcoin trading volumes more than doubled in a week. A report published on Jan. 9 by cryptocurrency market research firm Arcane Research, Bitcoin (BTC) trading volumes more than doubled in a week. Per the report, the 7-day average daily trading volume has seen a 126% […]
Potentially the world’s biggest bitcoin mine, one still under construction, is said to have signed up two top corporate customers in the form of SBI Holdings and GMO.
Bitcoin and XRP were the world’s largest virtual assets going into 2019. However, while Bitcoin continues to dominate the market over the year, Ethereum did manage to overtake XRP on the cryptocurrenc The post 1.6 trillion Bitcoin transactions facilitated over last 2 years: Report appeared first on AMBCrypto.
Internal Revenue Services [IRS] released a 2019 criminal investigation report celebrating its 100 years of law enforcement. The report entailed the fight against criminals using advanced technologies The post Bitcoin used by criminals to evade taxes: IRS’ Criminal Investigation Report 2019 appeared first on AMBCrypto.
OKEx, the largest digital assets exchange platform has achieved yet another milestone with the CryptoCompare Exchange Benchmark report placing it among the top 10 cryptocurrency exchanges in the world, at number 6. This is not the first time OKEx has been featured in the CryptoCompare reports. In fact, recently the platform was listed as the […]
Royal Bank of Canada previously stopped account holders buying Bitcoin with its cards, but is now reportedly interested in launching a crypto trading platform. A Canadian bank, which banned its clients from buying Bitcoin (BTC), could now become the first in the country to launch a cryptocurrency exchange. As innovation economy news outlet The Logic […]
All bitcoin and crypto market bullishness is emanating from China at the moment. One industry insider has just revealed that, contrary to earlier reports, China will not be banning bitcoin mining. No Bitcoin Mining Ban in China Within the past hour or so Chinese industry insider and Primitive Crypto founding partner, Dovey Wan, posted an […]
Bitcoin’s astronomical surge in 2017 was possibly triggered by market whales as suggested by a Texas academic. Interestingly, a new theory is now surfacing that it was a single market whale who was responsible for causing the huge upsurge in price. Bitfinex and Tether Responsible for 2017 Bull Run Per claims by the University of […]
On Friday, China’s leader, President Xi Jinping, absolutely floored the Bitcoin community. Speaking at a meeting of the Political Bureau of the Chinese Communist Party’s Central Committee, Xi called for the adoption of blockchain “as an important breakthrough for independent innovation of core technologies.” State-run outlet Xinhua revealed that Xi lauded the potential benefits of blockchain technologies […]