AMBCRYPTO News
-
Home Nasdaq-listed Marathon buys 4,813 Bitcoin worth $150 million
Nasdaq-listed Marathon Patent Group today bought 4,812.66 Bitcoin worth about $150 million for their balance sheet treasury reserves. Marathon's chairman & CEO, Merrick Okamoto, believed that holding part of their Treasury reserves in Bitcoin will be a better long-term strategy than holding US Dollars, "similar to other forward-thinking companies like...
- 33 min ago
-
Home Ethereum Price Analysis: 25 January
Ethereum price hit a new ATH of $1476 on Monday after recently testing the previous ATH a few days ago. While ETH's resurgence is bullish in the short-term it is yet to determine how the long-term outlook will evolve. At press time, there are conflicting long-term outlooks but the short-term scenario seems bearish for the smart contracts platform. Trading at $1423 at press time, Ethereum price stands...
- 5 hrs ago
-
Home Litecoin Price Analysis: 24 January
Disclaimer: The findings of the following analysis is the sole opinion of the writer and should not be taken as investment advice Litecoin has traded within a range since late December and approached the mid-point of the range. Technical indicators showed that the momentum has not quite flipped bullish for LTC, meaning that the reaction of the price at the $149 level will be of paramount importance. Litecoin...
- 18 hrs ago
-
Home Tezos Price Analysis: 24 January
Disclaimer: The findings of the following analysis is the sole opinion of the writer and should not be taken as investment advice The cryptocurrency market has been forming crests and troughs along the way. As the value of Bitcoin has been dropping from $42k and this trend has been followed by the altcoin markets too. The value of Tezos has been moving like a wave too, witnessing momentary highs and lows....
- 21 hrs ago
-
Home Having registered a new ATH, what's next for Chainlink?
Chainlink hit a new all-time high over the past couple of days after the asset registered $26.60 in the charts. LINK has been rampant since the turn of 2021 and over the past 30-day period, it has been one of the most well-performing assets on the charts. In the past month itself, Chainlink has rallied by more than 200% and its latest rally might have turned an important corner for the...
- 21 hrs ago
-
Home How long will institutions pull the weight of Bitcoin's price rally?
Bitcoin's range-bound price rally has left many traders waiting for another dip. There have been a few swift recoveries in the current market cycle and institutions have supported the rebound in price, however, the question remains - for how long? When will it be time to book profits on the assets accumulated in the past six to eight months. For Grayscale, the premium on...
- 22 hrs ago
-
Home China's DCEP to be tested in Beijing and Shanghai
China has been striving to release its own digital currency or Digital Currency Electronic Payment [DCEP] in 2021. According to recent reports, it has been actively testing its digital yuan in different provinces, and it will soon be testing it in major cities like Beijing and Shanghai. According to the reports , the cities are planning to hold pilot runs for the use of the DCEP and promote its...
- yesterday
-
Home Stellar Lumens Price Analysis: 24 January
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be taken as investment advice Stellar Lumens had neutral momentum in the market over the past two days, and only in the last few hours did the coin see a shift in momentum in favor of the bulls. This shift in sentiment indicated a move to the upside for XLM. EOS 1-hour chart Source: XLM/USD on...
- yesterday
-
Home Ethereum Price Analysis: 23 January
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be taken as investment advice Ethereum's price registered a new ATH on the charts recently. However, despite corrections setting in and its high correlation with Bitcoin, ETH managed to keep its losses to a minimum over the past few days. Interestingly, over the past week, Ethereum has also seen its...
- 2 days ago
-
Home Can XRP, XMR, other altcoin holders swing trade their way out of a bear market?
What is the way out of the short-lived bear market? Is it swing trading or HODLing? Though different parties have different answers, what everyone can agree on is the fact that the altcoin market capitalization heads south every time there is a drop in Bitcoin's price. This can partly be attributed to the correlation between the assets and partly to the fact...
- 2 days ago
Loading...