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Bitcoin: Why this might not be the ‘dip to buy’

Source Node: https://ambcrypto.com/bitcoin-why-this-might-not-be-the-dip-to-buy/
Time Stamp: August 16, 2021 11:00 AM - Modified On: August 16, 2021 - Published By:
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Republished By Plato

Rooting against Bitcoin during a positive rally could be considered cynical by the hyper-bullish community, but it is important to note down important reversals. After all, the asset unleashed a relentless recovery on July 20th, and from a healthy side of things, ‘rooting’ against Bitcoin now only helps the digital asset in the long term. In line with that thought, we analyzed a few important signals that surfaced over the past 24-hours, that may act as key insights for the next few days. SMA tussle for Bitcoin? Source: Trading View

DAO-led DeFi Hub NearPad Announces $2M Seed Raise 

Source Node: https://cryptopotato.com/dao-led-defi-hub-nearpad-announces-2m-seed-raise/
Time Stamp: August 10, 2021 9:59 AM - Modified On: August 10, 2021 - Published By:
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[PRESS RELEASE – Please Read Disclaimer] NearPad, the DeFi hub on NEAR’s layer 2 protocol – Aurora, has announced the successful close of its $2m seed round. The raise was led by NGC with participation from leading backers in the blockchain space including NEAR Foundation, OWC, Ellipti, LD Capital, Flow Ventures, Genblock Capital, Exnetwork, and SuperNova Fund. NearPad has set its sight on jumpstarting ecosystem growth on Aurora through its DAO-centric protocol. “We’re excited to partner with NearPAD to help early teams fair launch,” says NEAR Foundation. “NearPAD brings the

Here’s everything you need to know about Bitcoin’s ‘biggest’ buy signal

Source Node: https://ambcrypto.com/heres-everything-you-need-to-know-about-bitcoins-biggest-buy-signal/
Time Stamp: August 8, 2021 11:00 AM - Modified On: August 8, 2021 - Published By:
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Republished By Plato

To a fair extent, Bitcoin’s price managed to take people from the crypto community by surprise. The market’s largest coin was trading at $43.3k at press time. Before analyzing whether or not Bitcoin would be able to continue its uptrend, let’s deep-dive and decipher the signals exhibited by key indicators. Hash rate trend Until recently, Bitcoin’s hash rate was hovering around its November 2019 lows (86.2 million TH/s). However, this started improving since July. Interestingly, over the past ten days, this metric’s reading has risen from 98 million TH/s to

Malaysia Launches Enforcement Action Against ‘Illegally Operating’ Binance

Source Node: https://decrypt.co/77233/malaysia-regulator-takes-enforcement-action-against-binance-for-illegal-operations
Time Stamp: July 30, 2021 6:59 AM - Modified On: July 30, 2021 - Published By:
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Republished By Plato

In brief Malaysia's financial services regulator has taken enforcement action against Binance. The Securities Commission has said Binance is still operating illegally despite being listed on an alert list since July 2020. The Malaysia Securities Commission (SC) has today taken enforcement action against Binance for allegedly operating illegally in the country. The SC claims the crypto exchange is operating illegally as a Digital Asset Exchange, without the requisite registration requirements found in Sections 7(1) and 34(1) of the Capital Markets and Services Act 2007.  “Accordingly, the SC has issued a public

How profitable is Ethereum in the current market

Source Node: https://ambcrypto.com/how-profitable-is-ethereum-in-the-current-market/
Time Stamp: July 28, 2021 9:00 AM - Modified On: July 28, 2021 - Published By:
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Republished By Plato

The recent 34.4% rally Bitcoin achieved stabilized the market after almost a month of a consolidated downtrend and the rally also reflected on Ethereum. When it comes to altcoins it is assumed they follow Bitcoin’s lead thus at the moment they should be rising as well. However, while Ethereum did follow BTC and jumped in value, at the moment it seems to be hitting consolidation again. Which way is ETH headed? Ethereum back into consolidation After registering a 28.8% rise in the past week, on July 27, ETH started showing

This is a good sign for Bitcoin Cash BUT….

Source Node: https://ambcrypto.com/this-is-a-good-sign-for-bitcoin-cash-but/
Time Stamp: July 22, 2021 11:00 AM - Modified On: July 22, 2021 - Published By:
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Republished By Plato

For the first time since June, Bitcoin’s price slipped below the $30k level on Tuesday. This dip managed to stir chaos in the market. However, the king coin was quick to recover and was trading just under $32k, at press time, thanks to the hype associated with the B Word conference. To put it in the words of Changing Zhao of Binance, “The market likes to play with our emotions.” Bitcoin’s 6.2% hike over the last 24 hours was well reflected in the one-day RoI of most alts. In fact,

Bitcoin: What’s the impact of Musk’s ‘but I don’t dump’ claims

Source Node: https://ambcrypto.com/bitcoin-whats-the-impact-of-musks-but-i-dont-dump-claims/
Time Stamp: July 22, 2021 9:30 AM - Modified On: July 22, 2021 - Published By:
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“If the price of Bitcoin goes down, I lose money. I might pump, but I don’t dump.” You might have, most definitely, stumbled upon this Elon Musk statement while scrolling through social media today. The market’s largest cryptocurrency witnessed mini-pumps in succession over the past 24 hours owing to Musk’s public appearance on “The B Word.” Riding on the back of Elon Musk’s claims, Bitcoin went on to cross the $32,500-mark. However, the same could not persist for long. Bitcoin pumped, but here’s what traders had to say Bitcoin was back

Nugenesis Ecosystems – Upholding the Principles of Monotheism Financial Practices, Paving the Way for Future Application of Islamic and Non-usury Banking

Source Node: https://themerkle.com/nugenesis-ecosystems-upholding-the-principles-of-monotheism-financial-practices-paving-the-way-for-future-application-of-islamic-and-non-usury-banking/
Time Stamp: July 19, 2021 6:38 PM - Modified On: July 19, 2021 - Published By:
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Islamic scholars have long had major issues with whether cryptocurrency is permissible, and is it equal or more appropriate to Islamic finance than Fiat?All Monotheism religions have strict rules around finance, and it historically defines currency as commodities with intrinsic value — gold, silver, metals, tradable products, etc.Some may argue that government-issued fiat currencies do not have any intrinsic value and may be incompatible with a careful interpretation of Sharia law. This would pose a problem for the burgeoning Islamic finance industry, which aims to produce financial returns in compliance

SUNC Raised Around 6.3 Million Dollars on Stage 1 – 4 Presale

Source Node: https://themerkle.com/sunc-raised-around-6-3-million-dollars-on-stage-1-4-presale/
Time Stamp: July 11, 2021 11:22 PM - Modified On: July 11, 2021 - Published By:
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SUNC has been taking place its presales for a few times since June 15th, 2021. Lately, 6.3 million dollars has been raised through the presales stage 1 to 4. After July 12th, unsold tokens will be available to be purchased, on presale stage 5.What is SUNC?SUNC is an original token issued by a project. It gives beneficiary rights of the revenue from the online casino to the holders, which is distributed in USDT, and functions as a governance token to decide the operation policy by the voting rights as well.Their

Musée To Launch World’s First NFT-Owned Marketplace Platform on July 20th, 2021

Source Node: https://bitcoinprbuzz.com/musee-to-launch-worlds-first-nft-owned-marketplace-platform-on-july-20th-2021/
Time Stamp: July 6, 2021 8:56 AM - Modified On: July 6, 2021 - Published By:
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Press Release: The Musée platform launches July 20th, 2021, giving creators, collectors, and investors the chance to own one of the world’s first NFT Marketplace plots. 6th July 2021, British Columbia, Canada – Musée is an innovative new project by the Canadian company Inverted Studios, which has combined Ethereum blockchain technology with digital art to launch the world’s first NFT-owned marketplace platform. The launch begins Tuesday the 20th of July, 2021, where the 10,000 plots will be available for purchase. What is Musée? The Musée platform is a marketplace for NFT art with a seamless digital experience,