AMP, one of Australia's leading superannuation funds, has allocated $27 million of its portfolio to Bitcoin. The post AMP Becomes First Super Fund to Allocate Part of its Portfolio to Crypto appeared first on Cryptonews.

AMP has made a $27 million investment in Bitcoin, becoming the first major superannuation fund in Australia to enter the crypto market.

Betting on AMP? Here are key factors that could influence its trajectory.

The AMP token experienced a robust rally, reaching $0.0144, its highest level since March 11. Ampere (AMP) has surged by about 300% from its yearly low, pushing its market capitalization to over $910 million.

Global investment bank TD Cowen has predicted a slowdown in the advancement of cryptocurrency legislation, even as presidential candidates Donald Trump and Kamala Harris try to court supporters of the asset class through their election campaigns. What Happened: In a note released on Monday, TD Cowen stated that definitive legislation is unlikely to progress before the end of 2024, according to a report by The Block.

Story Highlights The current price on AMP coin is . AMP price could reach a high of $0.00493 by the end of 2024. With a potential surge, the price of Amp could reach a maximum of $0.01524 by 2030. The dimension of DeFis welcomed a new stout project to its league in the year 2020.

AMP has formed an ascending channel with higher highs and lower lows since 5th August.

As the crypto market has displayed a bullish start to the year, the Amp price displayed a surge of approximately 550% during the first quarter. However, with the market losing momentum, this altcoin followed in its footsteps by recording a similar price action.

Key Takeaways Amp seeks to enable users to stake tokens without having to transfer them to a smart contract physically. This function makes Amp suitable for any form of value exchange, including digital payments, traditional currency exchange, loan distributions, real estate transactions, and more.

While not all cryptocurrencies are equally risky, these are three cryptos to avoid as the SEC and CFTC crack down on exchanges this year.

Cryptocurrency prices are having a difficult weekend as a shakeout and profit-taking continued. Bitcoin plunged from its all-time high of over $73,000 to $66,000 while the total market cap of all coins has crashed by over 4.4% to $2.63 trillion. This report looks at three tokens like Inverse Finance (INV), Bitcoin Dogs (ODOG), and Amp.

The AMP altcoin has displayed a notable run over the recent time, indicating a rise in investor's interest in the mid-cap tokens. The AMP token has recorded a jump of 175% within the past seven days, and its current Year-to-Date returns stand at over 265%, making it a potential token for this bull run.

Ampere (AMP) token price went parabolic on Tuesday, becoming one of the best-performing cryptocurrencies in the market. It surged to $0.017, a 150% increase from its lowest point on Monday. It has jumped by over 1,095% from its lowest point in 2023, giving it a market cap of over $829 million.

Story Highlights The current price on AMP coin is . AMP price could reach a high of $0.00410 by the end of 2024. With a potential surge, the price of Amp could reach a maximum of $0.01394 by 2030. The dimension of DeFis welcomed a new stout project to its league in the year 2020.

In the recent days of the ongoing altcoin season, the price of Amp (AMP) token has bounced back impressively. Soaring to $0.0043, the highest level since March 13th, the coin has experienced a remarkable increase of over 208% from its lowest point this year.

Amp (AMP) token price has made a strong rebound in the past few days as the altcoin season continues. The coin surged to a high of $0.0043, the highest point since March 13th.

Story Highlights The current price on AMP coin is . AMP price could reach a high of $0.00330 by the end of 2023. With a potential surge the price of Amp could reach a maximum of $0.01394 by 2030. The dimension of DeFis welcomed a new stout project to its league in the year 2020.

In the ever-evolving world of cryptocurrencies, Amp (AMP) has emerged as an intriguing player with a unique value proposition. In this article, we'll delve into the latest developments surrounding Amp, its current market performance, and what the future might hold for this digital asset.

AMP Price Prediction: AMP coin is looking very bullish after a strong bounce. It still needs to break above $0.003 to aim for more upside.

In the ever-changing landscape of cryptocurrency, one asset stands out as a potential game-changer, offering a glimpse into a brighter financial future. Meet Amp (AMP), a digital asset with a unique approach to token staking that is revolutionizing the way value is exchanged in the crypto world and beyond.

The price of AMP has been on a downward trend in recent months, and it is currently trading at $0.00213. Some analysts believe that the bear market will continue, while others believe that the price of AMP could start to recover soon.

AMP Price Prediction: AMP crypto is trading news its all-time lows. There seem to be no signs of any recovery yet.

AMP Price Prediction: AMP crypto is trading at historic lows. It needs to break above $0.003 to show some stregnth.

News inside the crypto market: prices, analysis, performance and latest news on SpongeBob (SPONGE), Decentraland (MANA) and Amp (AMP) coins below.

How is the crypto market performing? More specifically, what is the price trend for the coins Amp (AMP), The Graph (GRT) and Polkadot (DOT)? Below is an overview regarding the latest news on the cryptocurrencies listed above.

The U.S. Securities and Exchange Commission has specifically targeted several Ethereum-based altcoins on Coinbase before sending today's Wells Notice to the leading crypto exchange.

The New York State Attorney General's office sued crypto exchange CoinEx, arguing it was an unregistered securities broker and commodity broker-dealer under state law.

The first-ever crypto insider trading case may have larger implications for cryptocurrency regulation than previously expected. 

Lawyers have challenged a potentially consequential move from the U.S. Securities and Exchange Commission (SEC) to build a list of crypto tokens it considers unregistered securities.

AMP crypto price has made a spectacular rebound in the past few days. The highly embattle token has jumped to a high of $0.0057

Since November 2021, the price of the AMP cryptocurrency has been in a prolonged downward trend, losing 90 percent of its value.

Amp price has become embattled as demand for the collateral coin evaporates. The coin crashed to a low of $0.0050

The price actions of AMP/USD are creating lower and lower support price levels. It is also creating lower and lower resistance levels.

The Amp price prediction may lack short-term, but if the price rises, the coin is likely to face moderate volatility in the market soon.

AMP Price Prediction – September 11The AMP market has recorded a sudden spike coupling with a correction against the US Dollar, and the crypto market

The AMP/USD downward trend started on the 17th of August, and it went on until the 7th of September.

Amp price (AMP) is red hot today, making it the standout performer in Sunday crypto trading action, up 34% at $0.00763.

Our AMP price prediction suggests that the recent breakdown, theoretically, has the tendency to tank the price by 90%.

  Since early August, the AMP/USD market has been ranging sideways. This is a significant weakness in the buying pressure and selling pressure.

Today's trading session is poised to extend the strong and aggressive bearish move Amp price move that has persisted past two days.

If AMP crypto breaks $0.008 support then AMP price prediction would become very bearish. In such a scenario, bears might target $0.004.

DeFi tokens are the cryptos to sell as regulatory scrutiny and even crypto-centric sanctions continue to crop up from the U.S. government.

The US arm of crypto exchange Binance removed Amp (AMP) on its platform as federal regulators claim that the Ethereum (ETH) token is an unregistered security. In a new statement, the exchange says that out of an abundance of caution, it will stop supporting the native token of the AMP blockchain effective August 15th.

Binance U.S. has announced that “out of an abundance of caution”, it is delisting AMP, days after the US Securities Exchanges Commission (SEC) branded the coin a security.

Amp (AMP) price predictions are a hot topic on Wednesday as the crypto faces delisting from Binance due to an SEC ruling.

CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today's show, Adrian Hetman of Immunefi discusses the $200 million breach of Nomad's blockchain bridge, and how to make the technology more secure.

The largest crypto exchange by trading volume, Binance, announced in its official blog post on Monday that its U.S  subsidiary exchange would delist Flexa's AMP token “out of an abundance of caution.” And this move will come into effect on August 15 as the platform is waiting for regulatory clarity.