What’s driving Ethereum’s 32 million transactions on L2s? – AMBCrypto News
Increased meme coin activity on Base contributed to the rise. A surge in active addresses is likely to improve that number in the coming weeks. Layer 2 project built on Ethereum [ETH] Blockchain like Polygon [MATIC] We are experiencing a surge in on-chain activity. According to Into the Block, transaction Since the Dencun upgrade, the […]
Why did AVAX’s Liquid Staking suddenly fall? Key insights – AMBCrypto News
Interest in liquid staking on the Avalanche network has declined over the past few days. Even as AVAX declined, activity on the network continued to grow. According to recent data, the total avalanche [AVAX] The stakes soared to over 8 million. Even though AVAX stock has surged overall, we have observed a concerning trend over […]
Bitcoin: ‘Good time in ETF land’ means you should replace gold with BTC? – AMBCrypto News
Bitcoin ETF’s $12 billion success may be a sign of mainstream acceptance BTC’s ability to provide returns without too much volatility is also gaining recognition. The recent success of the Bitcoin ETF, which raised $12 billion in just two months after approval, highlights the rapid growth and acceptance of cryptocurrencies in mainstream finance. In a […]
How MATIC whales getting ‘greedy’ can push altcoin to $1 – AMBCrypto News
MATIC posted a weekly loss of 12% and a monthly loss of 23%. At the time of writing, the MATIC whale appeared to be buying on the edge. MATIC maintained a downward trend over the past 24 hours, losing 2.5% of its value coin market cap. In fact, the 17th largest cryptocurrency has plunged more […]
Bitcoin at $66K: Why your BTC price predictions have been wrong lately – AMBCrypto News
BTC’s weighted sentiment has been negative for the past three weeks. Other on-chain indicators point to the possibility of further price decline below $66,000. as bitcoin [BTC] The weekly decline widened by another 4%, but its weighted sentiment remains bearish, according to Santiment data. In a post on X (formerly Twitter), Santiment pointed out that […]
Why WIF’s 19% hike might outshine SHIB, Dogecoin in the short term – AMBCrypto News
WIF’s open interest fell along with the price. Bearish sentiment remained predominant in SHIB and DOGE. meme coins etc. dog hat [WIF], Shiba Inu [SHIB]and dogecoin [DOGE] Recently, it has become a hot topic due to its unstable price movements. However, as market conditions turned bearish, these tokens lost a significant portion of their market […]
Bitcoin: How $12 billion in ETF inflows and yields changed crypto-adoption – AMBCrypto News
Bitcoin ETFs attracted large inflows and played a key role in market expansion. Despite the challenges, ETFs are exploring crypto yield opportunities, signaling a shift in strategy. As recent reports show, the state of liquidity in the cryptocurrency market has evolved significantly. bloomberg. This suggests that the market has surpassed the immediate liquidity gap and […]
Bitcoin: Short-term holders are in panic, should you follow suit? – AMBCrypto News
Short-term Bitcoin holders have begun selling their holdings. Despite the price fluctuations, interest in Bitcoin ETFs remains high. Bitcoin’s [BTC] The drop from $70,000 caused mixed reactions from the crypto market. We observed that many addresses panicked as they did not expect such fluctuations. Short-term holders panic According to recent data, in the past 48 […]
XRP liquidations hit $6 million: A sign of 'greed' in the market? – AMBCrypto News
Long liquidations totaled $5.6 million, while shorts amounted to less than $500,000. The funding rate could be lower, suggesting a potential drop to $0.55. An astonishing amount of $6 million in Ripple [XRP] The contract was wiped from the market in the past 24 hours, AMBCrypto confirmed. These liquidations took place as a result of […]
Bitcoin halving or ETF flows: What will drive BTC to $195K? – AMBCrypto News
Thanks in part to the flow of spot BTC ETFs in the US, BTC rose +68% in the first quarter of 2024. Krueger estimated that this flow could push BTC to $195,000 by the end of 2024. Bitcoin [BTC] It posted an impressive performance in Q1 2024 thanks to flows from the new US spot […]