The entire crypto space experienced a bloodbath in the past couple of days, extracting a notable amount of gains in the recent bull run. The global market cap which had hit the milestone of $1 trillion, declined below $900 billion amid the crypto space plunge. The majority of the Crypto-assets like Bitcoin, Ethereum, XRP price, etc, had a steep freefall. […]

The upcoming Chinese New Year holidays on Feb. 12 could have an indirect impact on the Bitcoin (BTC) price and drive sell-offs on the market, according to a recent analysis.  Per a Jan. 28 report by cryptocurrency investment firm Stack Funds, the ongoing selling pressure on the Bitcoin price is likely to continue in the short term due to Asian […]

S&P Global says cryptocurrencies have become mainstream and appear to be here to stay, as more companies are offering crypto services and adoption is growing worldwide. Meanwhile, an S&P analyst believes that bitcoin’s rise is reminiscent of the U.S. gold rush. S&P Global Says Bitcoin Has Become Mainstream Financial information and analytics firm S&P Global released a special report on […]

American Cancer Society (ACS) along with The Giving Block, a crypto donations company, launched “Crypto Cancer Fund,” which will be exclusively funded using cryptocurrency. According to a release emailed to AMBCrypto, American Cancer Society is seeking to raise at least $1,000,000 by early 2021. The crypto community’s contributions are said to go directly to funding ACS’ cancer research program and […]

JPMorgan Chase, the biggest US bank by total assets, is going ahead with plans to launch its City digital challenger, which includes a range of savings and loan products under its Chase brand in the UK. The Wall Street stalwart has named Sanoke Viswanathan, who was chief administrative officer and head of strategy in the corporate and investment bank, to […]

The Financial Crimes Enforcement Network (FinCEN) has issued a notice extending the comment period for its crypto wallet proposal. The extension came shortly after the U.S. Senate confirmed Janet Yellen as the new U.S. Treasury Secretary. FinCEN Extends Comment Period for Crypto Wallet Rulemaking FinCEN, a bureau of the U.S. Department of the Treasury, announced Tuesday that it has submitted […]

Ethereum has been holding up somewhat well as of late despite the weakness seen across the aggregated crypto sphere Bitcoin’s slide to $30,000 has caused most major altcoins to tank, with ETH struggling to maintain the massive momentum it built over the past week Because BTC is firmly leading the markets for the time being, where altcoins, including Ethereum, trend […]

As of 2021, cryptocurrencies are now roughly 23 years old, or at least the original precursor is. In 1998, computer scientist Nick Szabo first conceived of the idea of a decentralized fully digital currency. Then, in 2005, he proposed a new financial system for this currency that relied on elements of mining and cryptography in order to achieve true decentralization. […]