In times of recession and/or financial instability, both Bitcoin and gold have been described as safe-haven investments that act as a hedge against the traditional financial markets. However, while the demand for gold has historically increased during unstable times, Bitcoin has only existed in newer generations — thus, there is insufficient data to make the […] The post Bearish Bitcoin and Gold Price Correlation Noted by Analyst appeared first on BeInCrypto. Read More
Genesis Capital, the institutional lender for Bitcoin and other cryptocurrencies released Q3 reports, which highlighted a “strong, sustained growth in the lending business.” An official tweet from Genesis Global Trading made the information public after stating, “In Q3, they (Genesis Capital) added $870M in new originations, breaking the previous record of $746M set in the […] The post Genesis Capital reports $870 million in new originations for digital lending appeared first on AMBCrypto. Read More
The Chinese central bank has introduced a new system to certify 11 different types of fintech hardware and software pertaining to digital payments. China’s central bank, the People’s Bank of China (PBoC), will use a new system to certify 11 types of fintech hardware and software products relating to digital payments. On Oct. 29, the PBoC alongside China’s market regulator, the State Administration for Market Regulation (SAMR), jointly released a set ... Read More
Cybersecurity startup Keyless has reportedly received $2.2 million in seed funding to expand a security product that unlocks access to users’ private keys with encrypted biometric data. The investors included gumi Cryptos Capital as well as Ripple’s Xpring, Blockchain Valley Ventures and LuneX. On this note, keyless co-founder and CTO Paolo Gasti said, “We don’t […] The post Ripple’s Xpring invests in cybersecurity startup Keyless’ $2.2 million seed funding appeared first on AMBCrypto. Read More
The cryptocurrency industry hosts numerous cryptocurrencies, with each one of them having their own advocates. Erik Voorhees, CEO of ShapeShift, was once a Bitcoin maximalist. However, over time, it would seem that Voorhees views, especially on altcoins, have evolved. On Charlie Shrem’s latest podcast, Vorhees pointed out that the financial system is getting rewritten into […] The post Ethereum stronger because Bitcoin exists and vice versa: ShapeShift’s CEO appeared first on AMBCrypto. Read More
A death cross has already happened in Bitcoin price charts, signaling to investors that the asset may be entering an extended downtrend. But a sudden powerful move has caused Bitcoin to reclaim one of the important moving averages that had previously crossed below. However, a more dangerous death cross could be on the horizon, if... The post Bitcoin Reclaims Important Moving Average But More Dangerous Death Cross Is Looming appeared first on NewsBTC. Read More
Kim Dotcom, the tech giant best known as the creator of Megaupload, featured on a Tone Vays interview to discuss his latest crypto-monetization initiative, K.im. Speaking about Kimcoin tokens, Dotcom highlighted the choice to use Liquid platform, instead of the most commonly used ERC-20 platform. He said, “We believe in fast, real time transactions. The […] The post K.im can ensure cryptocurrency’s mass adoption: Kim Dotcom appeared first on AMBCrypto. Read More
Since the October 25 speech by the Chinese president, the country’s interest in blockchain technology and related projects has dramatically spiked. This has had positive spillover effects for several China-based cryptocurrencies — namely TRON (TRX), NEO (NEO) and Ontology (ONT), which have recorded increases between 20-70 percent. The positive developments have continued today, as a local […] The post TRON and NEO Win Poll on Chinese Public Chains appeared first on BeInCrypto. Read More
An Australian stock exchange is concerned that the blockchain-based system of its sole competitor could pose an unfair advantage. The Australian subsidiary of market operator Chi-X called on the Australian Competition and Consumer Commission (ACCC) to investigate the possible effects of blockchain tech on trading activities.Reuters Read More
Keyless, a London-based cybersecurity startup, claims to be the first firm to combine biometrics and cryptography. Read More
