ambcrypto.com News 1
![Fantom [FTM] reaches mid-range resistance, bulls could cede gains soon](https://statics.ambcrypto.com/wp-content/uploads/2023/03/PP-3-cover-e1679313930181.jpeg)
Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion The market structure flipped bullish, but a pullback was likely. Bitcoin could dictate the direction of altcoins, and caution remained important. Fantom [FTM] has a bullish bias on the higher timeframes after it recovered […]
CryptoPunks’ market share rose to 8.63% while BAYC dipped below 8%. Wrapped CryptoPunks accounted for over 25% of the total NFT sales. The Non-Fungible Token [NFT] landscape, like other crypto verticals, faced its share of downsides following the USD Coin [USDC] depegging saga. The focus has now shifted to the ensuing battle unfolding between blue […]
Ethereum Classic’s hashrate dropped to its lowest level this year. Day traders remained bullish as they intensified accumulation. At 106.59TH/s, Ethereum Classic’s [ETC] hashrate has hit its lowest point so far this year, data from 2miners.com revealed. Moreover, the chain’s network difficulty at 1.45P also declined to its lowest value since the year began. Read Ethereum […]
Increased demand and a decline in fees could help ETH reach $2,000. Unfiltered ETH transactions dominated the network as Ethereum struggled to register new addresses. Holders of Ethereum [ETH] savored the surreal rise of the cryptocurrency over the last two weekends. Because of the hike in value, the demand for the altcoin king significantly increased […]
Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. The daily market structure was bearish. The bounce from the Fibonacci golden pocket gives bulls hope for further gains. Polygon [MATIC] saw a massive price appreciation earlier this year. A good chunk of those gains […]
LINK has seen a jump in accumulation momentum in the past few days. LINK whales have been at the forefront of this rally. At press time, Chainlink [LINK] appeared poised for a rally in the coming days, as an assessment of price movements on the daily chart revealed an increase in buying momentum. Is your […]
![Bitcoin [BTC] zooms past $28k as bulls make thunderous comeback](https://statics.ambcrypto.com/wp-content/uploads/2023/03/Bitcoin-new.jpg)
BTC increased its value by 25% since last week, while it grew by 15% on a month-to-date (MTD) basis. The total number of BTC short liquidations swelled to about $366 million over the last week. Bitcoin [BTC], the largest cryptocurrency by market cap, surged past $28,000 during Sunday trading hours to post its best performance […]
BAYC’s social mentions and engagement increased. The NFT collection’s floor price decreased, leading to further market cap nosedive. As one of the most valuable NFTs, it is unlikely not to find Bored Ape Yacht Club [BAYC] among the top collections with the most volume week-in and week-out. But the trend of the last 24 hours […]
FTX seeks to exclude the company’s Bahamian unit from any claim over company assets, according to a legal filing. FTX DM was not crucial to the operations of the company but was established in May 2022 and served as an offshore haven for an ongoing fraudulent scheme. According to a legal filing on 19 March, […]
MakerDAO has seen a decline in TVL, DAI’s supply, and annualized fee income in the last week. MKR shed 25% of its value during the same period. While its DAI stablecoin regained its parity with the U.S. dollar last week, increased uncertainty as to whether a further de-pegging should be expected resulted in a decline […]