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Binance Coin: High-risk traders have this longing opportunity awaiting them

Source Node: https://ambcrypto.com/binance-coin-high-risk-traders-have-this-longing-opportunity-awaiting-them/
Time Stamp: August 5, 2021 6:30 AM - Modified On: August 5, 2021 - Published By:
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Republished By Plato

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Binance has been doing the rounds in the media for a number of reasons. Recently, the Securities Commission of Malaysia ordered the exchange to disable its website and cease offerings in the country for ‘illegally’ operating a Digital Asset Exchange. To add to Binance’s woes, financial services provider HSBC also suspended customer payments to Binance in the U.K., citing regulatory concerns raised by the FCA in June. However, this has

MoonBoys Finance to Aurum: What does this change entail for AUR holders?

Source Node: https://ambcrypto.com/moonboys-finance-to-aurum-what-does-this-change-entail-for-aur-holders/
Time Stamp: August 5, 2021 5:15 AM - Modified On: August 5, 2021 - Published By:
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Last year’s DeFi boom gave rise to a spectrum of emerging trends in the crypto space. Among the most prominent ones is the deflationary token trend that comes with an opportunity for exponential rewards for its investors. Capitalizing on this trend emerged another prominent project called MoonBoys Finance. For all of you crypto nerds out there, MoonBoys Finance ($MBS) must be quite a familiar name. The project reached a market cap of over $80M at peak and garnered a record-breaking 11200+ holders in the first seven days.  While all these

Here’s the caveat to Bitcoin Cash, Ethereum Classic’s price actions

Source Node: https://ambcrypto.com/heres-the-caveat-to-bitcoin-cash-ethereum-classics-price-actions/
Time Stamp: August 3, 2021 8:30 AM - Modified On: August 3, 2021 - Published By:
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On the back of recent gains, most altcoins started moving north too. In fact, before minor corrections set in, these alts saw pretty decent rallies, with Bitcoin Cash and Ethereum Classic among them. However, what really matters is whether they can sustain these rallies or not. For the likes of BCH and ETC, this is a very critical question.  What does the price say? Both Bitcoin Cash and Ethereum Classic were up more than 40% since 20 July, at the time of writing. While both altcoins followed Bitcoin’s footsteps, their

Could a Digital Dollar Bolster the US Economy?

Source Node: https://beincrypto.com/digital-dollar-bolster-economy/
Time Stamp: August 3, 2021 8:03 AM - Modified On: August 3, 2021 - Published By:
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Economies all around the world are facing roadblocks in the form of escalating national debts and threats of inflation, but a digital dollar may be a saving grace for the U.S.Sponsored Sponsored Macroeconomics expert and Soundwise founder, Natasha Che, has postulated why a Federal Reserve-issued digital USD token could change the fate of America. In a lengthy tweet on Aug 3, the author stated that the U.S.’s largest export is its currency, the dollar. It’s currently the biggest money network in the world, used for 40-50% of global trade settlement

Tezos, NEM, IOTA Price Analysis: 03 August

Source Node: https://ambcrypto.com/tezos-nem-iota-price-analysis-03-august/
Time Stamp: August 3, 2021 7:30 AM - Modified On: August 3, 2021 - Published By:
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Bitcoin tanked once more, falling to $38,692 as it experienced resistance at $42,000. Altcoins walked the same path and failed to hold prices beyond their resistance levels. Tezos had made minor gains but the bears took over at the time of writing. XEM’s attempt to test its immediate resistance was halted as the it fell by 4.6%. MIOTA was likely to fall below its current support level.   Tezos (XTZ) XTZ/USD, TradingView The price of XTZ was $3.07 at press time. It noted a minor gain over the last 24 hours

Gensler Contemplating Robust Crypto Oversight Regime

Source Node: https://beincrypto.com/gensler-contemplating-robust-crypto-oversight-regime/
Time Stamp: August 3, 2021 7:12 AM - Modified On: August 3, 2021 - Published By:
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Securities and Exchange Commission (SEC) Chairman Gary Gensler is looking to establish a robust cryptocurrency regulatory framework.Sponsored Sponsored In an interview with Bloomberg, Gensler emphasized that his knowledge of cryptocurrencies would not preclude him from regulating them thoroughly. Gensler said he is “neutral on,” but “intrigued,” by cryptocurrencies, but that he’s “not neutral about investor protection.” Although individuals are free to make their own investment decisions, Gensler stressed that the SEC had a responsibility to protect them from fraud. While acknowledging that the SEC already has broad authority, Gensler asked

Avalanche (AVAX) Reclaims Support In Bullish Pattern — Will It Break Out?

Source Node: https://beincrypto.com/avax-reclaims-support-bullish-pattern/
Time Stamp: August 3, 2021 6:32 AM - Modified On: August 3, 2021 - Published By:
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Avalanche (AVAX) is trading inside a long-term descending wedge and has reclaimed the $11.50 horizontal support area.Sponsored Sponsored However, it’s also trading inside a short-term ascending parallel channel. Whether it breaks out from the resistance of the channel or gets rejected will likely determine the direction of the next move. Avalanche long-term wedge AVAX has been moving downwards since Feb 10 after reaching a high of $60.30. The decrease was initially gradual, accelerating after a lower high was created on May 7 (red icon).Sponsored Sponsored On June 22, it reached

Here’s when you can set up buy trades if you’re an EOS trader

Source Node: https://ambcrypto.com/heres-when-you-can-set-up-buy-trades-if-youre-an-eos-trader/
Time Stamp: August 3, 2021 6:30 AM - Modified On: August 3, 2021 - Published By:
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Republished By Plato

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be taken as investment advice The impetus provided by Bitcoin’s resurgence above $40,000 was critical to the altcoin market. With alts relying heavily on the king coin’s movement since the 19 May market decline, BTC’s rally was definitely a sigh of relief. EOS, like most of its competitors, rallied on the back of BTC’s uptick. However, failing to stay above a crucial resistance level led to a slight downtick. At the time of writing,

Mitsubishi Power Introduces Global Network of “TOMONI HUBs” with Artificial Intelligence to Protect Power Generation and Energy Storage Assets

Source Node: https://www.jcnnewswire.com/pressrelease/68455/3/
Time Stamp: August 3, 2021 6:18 AM - Modified On: August 3, 2021 - Published By:
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YOKOHAMA, Japan, Aug 3, 2021 - (JCN Newswire) - Mitsubishi Power, a subsidiary of Mitsubishi Heavy Industries (MHI) Group, is introducing a global network of TOMONI HUBs that use artificial intelligence to provide real-time, cyber-secure interactive support of plant operation and maintenance (O&M) decision making. TOMONI HUBs include connected software, hardware and services that provide pre-warning of impending issues or needed corrective action to avoid unit trips or load reductions, eliminate energy efficiency losses, and avoid unnecessary maintenance.The global network includes TOMONI HUBs in Takasago and Nagasaki, Japan; Orlando, Florida,

Singapore Regulator Allows Crypto Exchange to Offer Digital Payment Token Services

Source Node: https://beincrypto.com/singapore-regulator-crypto-exchange-digital-payment-token-services/
Time Stamp: August 3, 2021 5:56 AM - Modified On: August 3, 2021 - Published By:
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Singapore has taken another step towards securing its position as the region’s fintech hub with the in-principal regulatory approval of digital token payment services for a crypto exchange.Sponsored Sponsored The Monetary Authority of Singapore (MAS) has granted an “in-principle approval” to cryptocurrency exchange Independent Reserve allowing it to operate as a regulated provider for digital payment token services. Singaporean financial regulators classify digital payment tokens as any “cryptographically-secured digital representation of value that is used or intended to be used as a medium of exchange.”Sponsored Sponsored According to Bloomberg, it

What Changed in Crypto Markets While You Were Sleeping — Aug 3

Source Node: https://beincrypto.com/what-changed-in-crypto-markets-while-you-were-sleeping-aug-3/
Time Stamp: August 3, 2021 4:43 AM - Modified On: August 3, 2021 - Published By:
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BeInCrypto presents our daily morning roundup of crypto news and market changes that you might have missed while you were asleep.Sponsored Sponsored Bitcoin update On Aug 1, BTC reached a high of $41,599. This seemed to cause a breakout above the $40,550 resistance area, which had been in place since May 20.  However, the price has been decreasing since and has fallen all the way to $37,966. This rendered the previous breakout a deviation, with the $40,550 area now expected to act as resistance again.Sponsored Sponsored BTC has nearly reached

FUN token set to launch decentralized casino

Source Node: https://ambcrypto.com/fun-token-set-to-launch-decentralized-casino/
Time Stamp: August 3, 2021 4:35 AM - Modified On: August 3, 2021 - Published By:
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It has been an exciting year for FUN Token. In January, the unassuming ERC-20 token was given a new lease of life by a Bitcoin casino with over 46 million users. Subsequently, FUN Token made a brief but significant foray into the Top 100, rallying over 700% in three months. Since then, FUN has gone from strength to strength in its quest to bring decentralized gaming to the masses. Let’s take a brief look at its journey… 2021: The Year of FUN Token Conceived and created in 2017 by FunFair