Whales scoop up MATIC in large numbers – A sign of confidence?
Retail investors also exhibited interest. Demand for MATIC was growing because of the spike in on-chain transactions. Whale investors have set their sight on Polygon’s MATIC token. Transactions worth...
View ArticleThe future of Web3 gaming market looks dim, here’s why
The 2021 bull market registered a significantly lower failure rate of 45.9%. A marked drop in failure rate was seen in 2023. After decentralized finance (DeFi) and non-fungible tokens (NFTs), gaming...
View ArticleHow Binance looks well-set to navigate post-CZ era
Despite outflows, liquidity on the exchange wasn’t significantly impacted. Binance’s troubles allowed entities like Bybit and Coinbase to expand their market. One of the largest Web3 ecosystems,...
View ArticleU.S. tops the chart in law enforcement requests to Coinbase
Nearly 57% of the requests originated from the U.S. alone. Coinbase alerted its customers about a CFTC subpoena linked to Bybit. In the modern age, businesses are duty-bound to protect the tons of...
View ArticleNovember records highest losses due to crypto hacks in 2023
This marked a shocking 11x jump from the losses recorded in October. Justin Sun-linked entities witnessed the biggest exploits during the month. The month of November witnessed the highest losses due...
View ArticleBitcoin miners’ fortunes set to soar again?
Bitcoin’s jump over $41,000 lifted the miners’ hashprice. Nearly 11% of block mining rewards came from transaction fees. Weekend fun got bigger for crypto enthusiasts as Bitcoin [BTC], the world’s...
View ArticleEthereum can hit $3500, but only on this condition
An analyst predicted ETH’s rise towards $2,600, and further up to $3,500. Holders stand to gain 7.73% if they sell their holdings at the prevailing price. December started on a rollicking note for...
View ArticleFrozen NFT market sees a ray of sunshine, more inside
NFT sales in November marked a threefold increase from October. The buying pressure trumped selling pressure in the last two months. The worst of the Non-fungible Token [NFT] market might be behind...
View ArticleCrypto funds record largest inflow streak in over two years
The latest run of inflows was the largest since October 2021. Bitcoin saw capital infusion of over $132 million. Digital asset investment products extended their winning streak to record the 10th...
View ArticleEthereum decouples from Bitcoin: Examining the causes
The decoupling was most likely due to an increase in spot ETH ETF launches. A lower BTC-ETH correlation made a case for portfolio diversification. Bitcoin’s [BTC] correlation with Ethereum [ETH]...
View ArticleExamining the factors behind Pepe’s sudden price surge
Binance allowing users to borrow against PEPE tokens might have contributed to the surge. Daily active addresses spiked to a 25-day high. Frog-themed meme coin Pepe [PEPE] witnessed frantic trading...
View ArticleEthereum spot ETF race heats up: This cohort takes an interest
The OI in ETH futures on CME jumped 87% from last month. ETH traders were getting greedy. Ethereum [ETH] was a bit late to the party. But as they — better late than never! Since the entry of TradFi...
View ArticleMKR pumps 53% in 30 days as long positions rise
Since the start of 2024, daily USD volumes have risen to levels not seen in the last six months. The post MKR pumps 53% in 30 days as long positions rise appeared first on AMBCrypto.
View ArticleUSDT, USDC on track to record another successful month in January
The market value of stablecoins reached the highest point in nearly an year. The post USDT, USDC on track to record another successful month in January appeared first on AMBCrypto.
View ArticleAVAX jumps 13% in 24 hours – Is this why?
AVAX's rebound increases expectations for a more sustained price rise.
View ArticleWhat of Bitcoin’s fortunes after GBTC outflows drop for 1st time?
Bitcoin spot ETFs record net inflows after four straight days of net outflows.
View ArticleEthereum staking reaches new ATH of $65B – Details inside
ETH's new staked amount equate to nearly a quarter of the total circulating supply.
View ArticleStablecoins regain favor, grow 7.8% in 4 months – Why?
An increase in stablecoin supply indicates increasing capital inflows into the crypto market.
View ArticleHow the hike in outflows is placing Bitcoin ETFs back in the spotlight
The total assets under management (AuM) slipped further by 2.27%.
View ArticleBinance’s market share reaches 49%: Was this event a catalyst?
The hype surrounding Bitcoin spot ETFs boosted trading volumes on Binance.
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