AMBCRYPTO News
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Home Bitcoin HODLers are selling, should you buy?
Bitcoin's price has remained largely rangebound below $50000 and above $46000 for the most part in the last two days. As we get closer to the weekend, there is no sign of slowing down. The price took a plunge from the $51000 level 2 days ago and hasn't rebounded, since there is a shift in HODLer positions. Hodler net position change chart signals an increase in the number of HODLed coins...
- 37 min ago
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News Litecoin Price Analysis: 05 March
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be taken as investment advice Litecoin climbed to a high of $240 in late-February, but it has since slid down the charts following Bitcoin's own losses over the same time period. In fact, its most recent, now-closed trading session saw LTC stand at the cusp of $180, ready to fall even lower. Litecoin...
- 2 hrs ago
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Home Why there's more to Chainlink's growth than what meets the eye
After a collective collapse a week ago, the digital asset industry recovered somewhat, before falling once again. However, it would seem that Chainlink missed the memo in the first place. In fact, AMBCrypto had recently reported about LINK's inability to pull-forward without the assistance of strong on-chain fundamentals. While its long-term credentials remain golden, during the...
- 4 hrs ago
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Home Why these Bitcoin whales are on a buying spree
Bitcoin's biggest holders, those who HODL more than 1000 Bitcoins in their wallets, are increasing in number, and so is the volume of the Bitcoin they are HODLing. More than anything else, such a shift in holdings signals a change in the price trend of Bitcoin. The last time Bitcoin changed hands and the HODLing pattern changed, the price hit a new ATH of $58,330. Despite recent corrections,...
- 5 hrs ago
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Home Ethereum Price Analysis: 05 March
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be taken as investment advice There were some clues from a dropping Open Interest that Ethereum could see a short-term correction back under the $1600-level. Subsequently, ETH dipped below the $1580-mark and retested it as resistance, before falling even further. The altcoin's market momentum continued to...
- 5 hrs ago
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Home What should traders know about the current Bitcoin pullback?
Bitcoin's price has taken a few dips since it hit an ATH of $58,330. However, what often gets forgotten is the fact that Bitcoin's price is up 72% year to date. With a press time price of $47,162, the cryptocurrency had dropped by nearly 5% in the last 24 hours. However, while this may be a pullback in the short-term, it's not a setback in the long-term. Here, it's...
- 6 hrs ago
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Home MicroStrategy buys additional 205 BTC for $10 million during price dip
MicroStrategy CEO Michael Saylor today announced his publicly traded firm's latest million-dollar Bitcoin purchase on Twitter. According to the tweet, MicroStrategy has purchased an additional 205 Bitcoins worth $10 million in fiat, at an average price of approximately $48,888 per BTC. As of 5 March 2021, the firm holds 91,064 Bitcoins acquired for roughly $2.196...
- 6 hrs ago
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Home Bybit to shut down operations in U.K to comply with FCA mandate
In what is a move towards complying with the Financial Conduct Authority's [FCA] ban on crypto-derivatives, popular exchange Bybit has announced that it will be shutting down its operations for customers in the United Kindom. As per the official announcement by Bybit, "If you are either a U.K. resident or citizen, please close all your positions and withdraw all account...
- 6 hrs ago
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Home Tezos Price Analysis: 05 March
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be taken as investment advice The cryptocurrency market has seen major corrections lately. In fact, Bitcoin itself has oscillated violently between $45k and $49k for most of the last 7 days. This resulted in the market's altcoins mirroring the king coin's losses, with the overall market trend momentarily...
- 7 hrs ago
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Home Yearn Finance, Cover Protocol announce termination of merger process
Yearn Finance and Cover Protocol have parted ways, according to an announcement made earlier today. var embedId = {jw: [],yt: [],dm: [],fb: []};function pauseVideos(vid) {var players = Object.keys(embedId);players.forEach(function(key) {var ids = embedId[key];switch (key) {case "jw":ids.forEach(function(id) {if (id != vid) {var player = jwplayer(id);if (player.getState() ===...
- 7 hrs ago
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