Tag: AMBCrypto

YES WORLD Token is getting a lot of interest from crypto enthusiasts worldwide and the number of holders for the cryptocurrency has doubled within … …Read the full story

Bitcoin , the largest cryptocurrency has finally ended its bearish streak after recording nine weekly red candles. Given BTC’s past, long term holders at press time are selling their shares at a huge loss yet this may resemble a positive scenario for the king coin. Markets usually tend to put in a bottom, when massive […]

5 June marks a month since the devastating crash, which led to the king coin plummeting by 23.5% in just three days. The Canadian Purpose Bitcoin ETF has witnessed consistent inflows over the last 30 days, precisely since the day the crash began. However, as per the short-term holder to long-term holder Cost Basis Ratio […]

The interview that largely focused on McGlone’s views on the expanding digital assets industry also included a talk related to the future of these cryptocurrencies. It’s so overdue, and all risk assets, everywhere from condos in Miami and Toronto to the stock market. I think we’re going back to deflation and the best way to […]

A new study by Arcane Research has stated that the global Bitcoin ETP holdings have reached an all-time high. The latest Arcane study titled “In Tune with the Flow” has shed light on the stunning BTC ETP recovery in May. Canada should be credited for “pulling the strings” as Canadian ETFs displayed their strongest inflows […]

Bitcoin for almost the past month has been consolidating within a very limited range, roughly between $28k to $31k. On the technical front, Bitcoin’s price recently attempted to breakout of this three-week-long consolidation region. This suggested pullback towards the upside could technically be possible due to the near oversold situation. Along with that, data from […]

This marks the first rally in weeks as the crypto and stock markets have largely struggled to regain upward momentum following a broader sell-off. The cryptocurrency market is once again on the road to recovery after a bearish streak, but the bullish trend has not yet affected all of its participants. In addition to this, […]

FED will reportedly reduce its balance sheet by $47.5 billion in the first three months from today. Higher interest rates will likely shift investors’ risk appetite in favor of risk-off assets such as bonds. Another translation for the observation is that there was sufficient demand to catch BTC at lower prices. Its realized profit metric […]

And what came out of that? EBay and Amazon and all sorts of interesting businesses came out of the Dot-Com sort of 1.0 era. With a keen interest in blockchain technology and its limitless possibilities, Abiodun spends his time understanding the technology, building projects, and educating people about it. Disclaimer: AMBCrypto’s content is meant to […]

A comfortable close above the upper boundary of the pitchfork could expose BTC to a retest of the $35,800-zone before a committal move. The plunge phase transposed into compression between the $34,423 and $46,643 that lasted for over four months now. With the rising gap between 20 EMA , the fate of the immediate trend […]

At press time, Bitcoin was trading in the red zone at $35,805, over 10% lower in the last 24-48 hours as per data from CoinGecko. As per data from Glassnode, the exchange netflow volume at the time of writing stood at 1,4992 BTC. Glassnode further pointed out that the total BTC supply last active in […]

With minimal hikes every now and then, followed by dips that invalidate them, Bitcoin has been leading the entire market down a spiral. As the only month of the year to mark a drawdown on the charts consistently, April saw the top coin fall by 20.78%. The market-wide correction severely hit the likes of Cardano, […]

Worth pointing out, however, that Buffett’s words were laced with caution. Here, it’s worth highlighting that Munger isn’t the only one who is critical of Fidelity’s plans. In many ways, however, it would seem that Buffett and Munger’s views on cryptos and Bitcoin are falling on deaf ears. A graduate in Law and International Relations, […]

“How so?”, the Second Doge asks. It was reported, that DOGE was amongst the most used smart contracts among the top 500 BSC whales within the last 24 hours of 29 April. Disappointing its scalpers, within the last 24 hours, the DOGE shed over 3% of its price and stood at $0.1362 at the time […]

At press time, BTC underwent a fresh 2% correction as it traded at the $39.1 k mark. Despite the stated fall, BTC did witness some recovery as it inclined by 7% from its lows of $37.7k on 26 April to $40.3k on 28 April. In addition to this, BTC’s network activity stats showed a positive […]

Despite periods of market volatility, Bitcoin has remained the most favored crypto asset in April. Zooming out, after 29 March 2022, BTC seems to be on a downtrend with bulls forcing the king coin to break above the significant barrier at the $45k mark. Disclaimer: AMBCrypto’s content is meant to be informational in nature and […]

It has since then returned to its 3-month range but zooming out reveals that its performance might be due for another major rally. It also indicates that healthy accumulation has been taking place near the bottom of its 3-month range, underpinned by support and resistance. For example, the percentage of total supply held by whales […]

Bitcoin minimalists support the idea of making room for other cryptocurrencies in the market. Speaking of finding a middle ground between the ardent Bitcoin maximalists and minimalists, Vitalik Buterin went on to explain how Ethereum tries to find a middle ground. Aashna is a news editor with AMBCrypto and is particularly interested in the how […]

However, performance over the last two weeks failed to maintain the same buying vigor as it previously did every time the price interacted with the support line. However, heavy accumulation between $39,000 and $40,000 has so far prevented more downside. A breakout below the support level might be interpreted as an indication of bearishness ahead. […]

Changpeng Zhao, Founder and CEO of Binance, in a recent podcast spoke in favor of a bright future for Bitcoin. CZ thinks the US-China economic war and the Russian invasion of Ukraine can help the adoption of Bitcoin. “The world is becoming more divided. The rise of NFTs, smart contract platforms and even the traditional […]