Join Our Telegram channel to stay up to date on breaking news coverage Cardano price has exhausted a bullish breakout that emanated from a falling wedge pattern. For the first time in 2023, ADA traded...
Tag: Assessing
Assessing Apecoin’s [APE] potential to stay profitable in the coming days of 2023
ApeCoin’s value increased over 20% in the last seven days The technical outlook projected a possible correction due to the asset hitting the overbought zone ApeCoin [APE], the governance and utility t...
Quant: Assessing whether or not QNT remains a profitable investment
QNT saw a huge spike in whale transactions exceeding $100,000 on 7 January. Price movements reveal an uptick in coin accumulation. During the intraday trading session on 7 January, there was a notice...
Assessing LINK’s sluggish performance on the back of Kwil update
Kwil joined Chainlink BUILD. Though Chainlink’s NFT ecosystem witnessed growth, the metrics and market indicators were giving mixed signals. Chainlink [LINK] recently announced that Kwil, which is a ...
Assessing the current status of MakerDAO for long-term MKR holders
MakerDAO reported a profit of more than $2.8 million through its real-world assets. The revenue generated by the protocol grew, alongside an increasing interest in the MKR token. MakerDAO [MKR], the p...
Assessing MakerDAO’s [MKR] health following its displacement by Lido
MakerDAO had a system surplus at press time, indicating that the total debt owed was not more than the value of the collateral in the system Its displacement by Lido might be temporary due to its slip...
Assessing why LTC whales stood on thin ice despite Litecoin’s 2022 performance
Litecoin processed 39 million transactions in 2022 It saw over 50 million unique wallet addresses, however at press time, LTC lost more than half of its value Litecoin [LTC], the decentralized, open...
Cardano (ADA) Price Prediction 2025-2030: Assessing if $10-target is on the cards
Disclaimer: The datasets shared in the following article have been compiled from a set of online resources and do not reflect AMBCrypto’s own research on the subject The cryptocurrency market is still...
Assessing the state of ETC as its hashrate touches lowest level since the merge
ETC is at its lowest hashrate since the merge took place. ETC’s price has also declined by more than half since then. As miners undergo trying times on major Layer 1 blockchains, Ethereum Classic’s [E...
Assessing whether or not Ethereum’s [ETH] price will fall below $1000
A decline in ETH’s Transaction Count metric suggests that it might touch $1000 in the coming year. On-chain assessment confirmed the prolonged decline in market activity. With a consistent decline in...
Will Bitcoin’s hashrate follow history to trigger another BTC decrease? Assessing…
Bitcoin’s hashrate hit a one-month low on Christmas day Exchange reserves continued declining but BTC excelled in neutrality The Bitcoin [BTC] hashrate went off the radar on 25 December, hitting as lo...
TRX shuns stepping in the spotlight despite Tron’s latest offerings. Assessing…
TRON published its weekly highlights mentioning the notable developments TRON reached 131,312,000 accounts on the network however a few metrics were not supportive TRON [TRX] posted its weekly updat...
Assessing the risk Aave buyers will bear if they decide to buy the dip
Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion Indicators showed momentum was firmly bearish for ...
Assessing the role of ‘Distributed Validator Technology’ in ETH’s anticipated growth
Ethereum’s upcoming technological update could have a positive impact on its validators. The king altcoin’s MVRV ratio and transaction count declined over the past few days. In the coming days, one of...
Assessing Polkadot’s [DOT] profit/loss scenario in the last month
Polkadot’s newsletter highlighted several updates that happened in the last month. Metrics revealed the reason for DOT’s unsatisfactory performance. Polkadot [DOT] on 21 December revealed in its news...
Assessing Bitcoin retail investors’ predicament amid the ongoing bear season
Retail investors have increased their Bitcoin holdings this year despite the failure of some well-known businesses. According to Glassnode’s on-chain analysis, retail dealers currently hold a record 1...
Assessing MATIC’s path for coming days with these Polygon updates at hand
MATIC achieved multiple milestones in 2022 both in terms of on-chain metrics and partnerships MVRV Ratio was considerably down, suggesting a possible market bottom The year 2022 was quite the opposit...
Assessing the state of Bitcoin’s [BTC] demand in the derivatives market
Bitcoin opened interest returns, but funding rate tanked Bitcoin volatility witnessed a rise upon considering the activity of indicators Bitcoin [BTC] embarked on some upside last week, triggering hop...
Assessing Quant’s [QNT] potential to brush aside price decline in coming year
Quant whale holdings dropped from 80% below 72% after a series of exciting performances. Nevertheless, QNT showed potential to drive fulfilling prices in early 2023. Self-acclaimed future of finance,...
Cardano’s TVL puts up a fight as ADA continues to suffer. Assessing…
Cardano’s TVL grew in November despite the crypto winter Its development activity increased while volume and velocity declined Cardano [ADA] witnessed a spike of 20% in its total value locked (TVL) i...
Assessing the ‘why’ behind ETH’s gas price spike due to Binance
Ethereum’s gas fees spiked due to Binance’s Proof-of-Reserves endeavors Activity on the network increased, however, sentiment against Ethereum declined Over the last few days, there was a massive spik...
Assessing Ethereum [ETH] derivatives demand behavior ahead of 2023
Does ETH’s current derivatives demand match the spot market outcome? Assessing the level of leverage, whale activity, and liquidations in the market. Glassnode alerts just revealed that the ETH supply...
Assessing what’s next for Yearn Finance (YFI) as we gear up to close Q4
YFI suffers a bearish divergence that indicates a decline in buying momentum. Sellers take control of the YFI market during the intraday trading session. Despite the growth in the price per Yearn Fina...
Assessing the ‘why’ behind Signature Bank’s move to limit cryptocurrency exposure
Signature Bank, a New York-based bank, plans to reduce deposits around cryptocurrencies Due to the ongoing volatility in the cryptocurrency market. Signature Bank’s stock plummeted by 50% As per a Fi...
Dogecoin: Assessing the spike in these DOGE metrics amid Musk’s latest move
Elon Musk unbanned several meme-based Dogecoin-linked Twitter, leading to rising metrics DOGE was unable to clone the increase across its chain as rumors of a Twitter integration continued The undying...
Litecoin: Assessing the odds of LTC sustaining its ongoing bull rally
LTC’s MVRV Ratio spiked considerably over the past few days However, a few market indicators were bearish Litecoin [LTC] managed to outperform most cryptos lately, as it registered over 9% gains in ...
Reddit avatar minting starts December with a new all-time high. Assessing…
Avatar minting on Reddit hit an all time high So far, avatars sold 93,830 times for a total sales volume of $11.67 million Avatar minting on Reddit hit an all-time high on 3 December with 255,000 coll...
BNB’s northbound movement could witness some roadblocks. Assessing…
BNB’s weekly transaction exceeded 20 million However, the MVRV Ratio and market indicators revealed the possibility of a downtrend Binance Coin’s [BNB] performance of last week did not make investors...
Cardano: Assessing the state of ADA after its November plunge
Cardano ended November with the highest development activity ADA started December with the highest staked ratio amongst all Layer 1 tokens Leading layer 1 blockchain Cardano [ADA] closed November with...
The Graph: Assessing the state of GRT amid the ongoing bear market
Graph Protocol witnessed growth in terms of revenue and fees collected In fact, the price of GRT continued to decline The Graph protocol, over the last few months, has collected a large amount in term...
Assessing the current state of FTX, tracking stolen funds, and SBF’s two cents on…
On 29 November, the FTX hacker attempted to sell a portion of the stolen funds on the OKX exchange SBF claimed the hack was done by someone who had an understanding of the exchange in his recent inter...
Assessing whether Ethereum’s [ETH] price rally is imminent in the short term
Ethereum [ETH] has seen a surge in its count of daily active addresses. The past few days have been marked by increased ETH accumulation. On 28 November, for the first time since 15 October, the numbe...