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Digital Gold v. Legos – Can just Bitcoin or Ethereum do it all

Source Node: https://ambcrypto.com/digital-gold-v-legos-can-just-bitcoin-or-ethereum-do-it-all/
Time Stamp: September 16, 2021 3:42 AM - Modified On: September 16, 2021 - Published By:
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Bitcoin v. Ethereum – The elephant in the room of most Bitcoin and altcoin analyses. During a recent episode of the Unchained podcast, host Laura Shin let the author of The Bullish Case for Bitcoin, Vijay Boyapati, and Ethereum Foundation Researcher Justin Drake take a stab at the question. Needless to say, it was the latest chapter in the debate between Bitcoin and Ethereum maximalists. According to Boyapati, Bitcoin was right to give importance to backwards compatibility, when compared to changing protocols or issuance volumes – as Ethereum has done.

The correlation between Bitcoin and S&P 500 has these implications

Source Node: https://ambcrypto.com/the-correlation-between-bitcoin-and-the-sp-500-has-these-implications/
Time Stamp: September 15, 2021 10:30 PM - Modified On: September 15, 2021 - Published By:
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The on-going corrections being witnessed in the U.S. stock market has managed to fuel in fear amongst people from the crypto space too. Even though they represent completely different spectrums of the financial landscape, both the markets have historically, maintained an on-and-off relationship. Source: TradingView Altering dynamics Interestingly, both markets have witnessed major bull and bear phases in synchronization. Earlier in March this year it was proved that the crypto space is not immune from big crashes witnessed in the traditional financial world. Right after that in April, it was

These factors were key to taking the steam out of Bitcoin’s ‘frenzied crypto-rally’

Source Node: https://ambcrypto.com/these-factors-were-key-to-taking-the-steam-out-of-bitcoins-frenzied-crypto-rally/
Time Stamp: September 11, 2021 5:30 AM - Modified On: September 11, 2021 - Published By:
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Volatility in the cryptocurrency world is real, there’s no doubting that. While some expected it to be a relic of the past, it came to the fore a few days ago after Bitcoin dropped below $45,000, taking the rest of the market with it. Now, different people have attributed different reasons to the aforementioned drop. A recent Twitter thread from a Singapore-based crypto-fund firm is a case in point. According to the same, the United States played a major role in driving or rather, aggravating this volatility. QCP Capital argued

Trader Joe Raises $5M for DeFi on Avalanche

Source Node: https://beincrypto.com/trader-joe-raises-5m-defi-avalanche/
Time Stamp: September 3, 2021 2:01 AM - Modified On: September 3, 2021 - Published By:
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Avalanche-based decentralized finance (DeFi) platform Trader Joe has become the latest to secure a round of funding from venture capital giants.Sponsored Sponsored In an announcement on Sept 2, the DeFi trading platform revealed that it raised $5 million in a strategic sale led by Defiance Capital, GBV Capital, and Mechanism Capital. Several other venture capital firms, angel investors, and industry leaders including Three Arrows Capital, Coin98 Ventures, Delphi Digital, Avalanche Foundation, and Aave founder Stani Kulechov, also contributed. Trader Joe plans to expand its team with the cash injection and

UK Crypto Exchange Receives Approval From FCA

Source Node: https://beincrypto.com/uk-crypto-exchange-receives-approval-from-fca/
Time Stamp: September 2, 2021 10:02 AM - Modified On: September 2, 2021 - Published By:
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UK-based cryptocurrency exchange Coinpass received approval from the country’s Financial Conduct Authority (FCA) to operate as a crypto assets company.Sponsored Sponsored This makes Coinpass among the first UK-based crypto exchanges to have fully registered with the FCA, according to Coinpass Chief Executive Jeff Hancock. FCA registration The FCA became the anti-money laundering and counter terrorist financing supervisor of crypto asset firms in January. Since then, crypto firms have had to register with the FCA before doing business. Until now, the FCA had only registered six firms with dozens more still

Monero: Watch out for this key development before taking a position

Source Node: https://ambcrypto.com/monero-watch-out-for-this-key-development-before-taking-a-position/
Time Stamp: September 2, 2021 7:30 AM - Modified On: September 2, 2021 - Published By:
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Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be taken as investment advice Monero has traded within the confines of a descending channel for over a week now. A broader market rally seems to have been the missing catalyst in the XMR market as the price attempted to break north of its upper trendline. However, a few conditions have to be met first before a blowout can be expected. At the time of writing, XMR was trading at $306.16, up by 6%

Bitcoin Depot Among Inc. Magazine’s 5000 Fastest Growing Companies

Source Node: https://beincrypto.com/bitcoin-depot-inc-magazines-fastest-growing-companies/
Time Stamp: September 2, 2021 6:30 AM - Modified On: September 2, 2021 - Published By:
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For the second year in a row, Bitcoin Depot appeared in Inc. Magazine’s list of 5000 fastest-growing private companies.Sponsored Sponsored The world’s largest and fastest-growing crypto ATM network, ranked No. 357 on the list, after its spot at No. 1,103 last year. President and CEO of Bitcoin Depot Brandon Mintz highlighted that the recognition coincided with the five-year anniversary of the company.  “Given last year’s unexpected circumstances and the pandemic environment, we were fortunate that we were able to continue building our brand while serving the underbanked community on a

Top-10 Aspiring Altcoins to Watch in September

Source Node: https://beincrypto.com/top-10-aspiring-altcoins-watch-september/
Time Stamp: September 2, 2021 6:12 AM - Modified On: September 2, 2021 - Published By:
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This article will take a look at ten cryptocurrencies that have interesting developments lined up for the month of September, which could also have a positive effect on their price.Sponsored Sponsored Cardano (ADA) Current Price: $3.03Market Cap: $91 BillionMarket Cap Rank: #3 Cardano was founded in 2017 by Charles Hoskinson, who is also a co-founder of Ethereum (ETH). It is a proof-of-stake platform, whose native token is ADA. It is one of the biggest blockchain platforms to utilize the proof-of-stake instead of the proof-of-work consensus. The Alonzo testnet was launched

Japan’s Rakuten Wallet to resume XRP margin trading next week

Source Node: https://ambcrypto.com/japans-rakuten-wallet-to-resume-xrp-margin-trading-next-week/
Time Stamp: September 2, 2021 5:30 AM - Modified On: September 2, 2021 - Published By:
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While Ripple Labs and XRP continue to face scrutiny in the U.S, other countries and agencies might soon look at the latter more favorably. Rakuten Wallet, operated by one of Japan’s leading e-commerce portals, has just announced the resumption of XRP trading on its platform. Rakuten’s crypto-arm had discontinued services related to XRP in December last year following concerns arising from the SEC’s lawsuit in the U.S. At the time, the company had claimed that they were unsure if XRP’s liquidity could be secured. The entity had also raised concerns

Sotheby’s To Auction 202 Bored Ape NFTs This Week

Source Node: https://beincrypto.com/sothebys-to-auction-202-bored-ape-nfts-this-week/
Time Stamp: September 1, 2021 4:30 AM - Modified On: September 1, 2021 - Published By:
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Auction house Sotheby’s will sell over 200 NFTs related to BAYC and BAKC on September 2, marking yet another big non-fungible token (NFT) sale for the art broker.Sponsored Sponsored British-founded auction house Sotheby’s is set to auction 202 NFTs of the Bored Ape series — BAYC and BAKC. The NFTs will be open for purchase from September 2 at 10:00 EDT. The auction will last a week and end on September 9. The NFTs were developed by Yuga Labs. The owners of the NFTs can offer serums to the apes

Cuba Recognizes Cryptocurrencies | This Week in Crypto – Aug 30, 2021

Source Node: https://99bitcoins.com/bitcoin-news-summary-aug-30-2021/
Time Stamp: August 30, 2021 1:00 AM - Modified On: August 30, 2021 - Published By:
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 MicroStrategy buys more bitcoin, Cuba recognizes cryptocurrencies and free BTC for everybody in town…but which town? These stories and more this week in crypto. NASDAQ-listed business intelligence company MicroStrategy announced yet another substantial purchase of Bitcoin, this time worth nearly $200 million. The firm added 3,907 bitcoin to its stash, at an average price of just over $45000 per coin bringing its total holdings to nearly 109,000 bitcoins. Cuba will recognize and regulate cryptocurrencies citing “reasons of socio-economic interest.” The central bank will set new rules for how to