Assessing the prospects of an HNT recovery as sell pressure runs out. A strong bounce-back may not be on the cards following Binance’s delisting. Helium’s native token HNT had a rough start…
Categorie: AMBcrypto
Arbitrum network: Decoding reasons behind daily transactions’ hike
Arbitrum’s Airdrop announcement triggered an increase in daily transactions on the network before it declined later. Despite the decline, the network has experienced growth in new users, active users, and stablecoins. The…
Monero’s [XMR] bullish breakout; is the second leg of the rally feasible?
Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion Higher and lower timeframe charts were bullish. Bulls had slight leverage…
Cosmos heading to crucial $10.58 – shorting opportunity limited?
Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion ATOM was bearish on the 12-hour chart. Funding rates declined, but…
Tron sees expansion, but this impending danger can’t be ignored
The total stablecoin market cap of Tron grew by 5% over the last week. The TVL on the network dropped 3% since the SEC launched a probe against the TRON foundation. The…
PancakeSwap [CAKE] was left alone in bull rally, will the v3 launch help
V3 launch’s hype was not enough for CAKE to paint its chart green during the bull run. Metrics were bearish, which decreased the chances of a trend reversal in the near term. …
Solana: Assessing the state of NFT prices and trading volume
Solana has seen a drop in NFT activity since the year started. SOL’s value has grown tremendously in the last three months. Despite the re-emergence of interest in profile picture NFTs (PFPs)…
Shiba Inu: This new update might end FUD surrounding Shibarium
The chain ID of the Shibarium testnet was a source of significant FUD. Daily transactions on the test network zoomed to 718 on 24 March. The FUD which gripped the Shiba Inu…
Polkadot [DOT]: Pall of uncertainty over price despite surging metrics
Polkadot was the blockchain network with the highest development activity in the last 30 days. DOT traded within a narrow range in the last week as investors remain unsure of the coin’s…
Bitcoin [BTC] bears gain edge against the bulls- Is it right time to short
Bitcoin experienced a net outflow in the last three days; short positions may not be a good idea. Bitcoin whales demonstrate mixed reactions that explain the current stalemate. In the last few…
Aptos [APT] diversifies into NFTs and music: How did its price react
Aptos revealed its next growth plan involving NFTs and the music industry. APT struggled to maintain bullish momentum as sell pressure slowly trickled back. The Aptos [APT] network is tapping into the…
STX runs out of bullish momentum: Time to short?
Stacks’ hype died down, leading to demand slowdown. STX’s sell pressure was growing, and this could lead to a retest of key support levels. Stacks’ [STX] was among the best performing cryptocurrencies…
zkSync Era goes live to become world’s first zkEVM mainnet; users await AirDrop
With the zkSync Era launch, all users can build on the network and bridge funds to the system. 9% of the total number of transactions on zkSync were generated over the last…
Polygon [MATIC] sees uptick in these metrics, what does the future hold
MATIC transaction surged considerably, and accumulation also increased. NFT space witnessed decline and market indicators were bearish. Polygon [MATIC] witnessed a massive surge in transactions as the metric crossed $40 million in…
Tether releases Q1 USDT profit estimate amid growing FUD
Tether expects its Q1 earnings at roughly $700 million. The SEC launches an assault on stablecoins and USDT might be caught in the crosshairs. Tether has expressed optimism about its profits in…
Analyzing Q1 Metaverse NFT report card; Otherdeed saw 200% increase in…
Otherdeed saw over a 200% increase in virtual land sales in Q1 of 2023. Metaverse NFTs witnessed more sales in the Q1 of 2023 compared to 2022. As much as you may…
Cardano [ADA] hits a price ceiling of $0.388 – Are more gains unlikely?
Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion Price action faced an obstacle at $0.3876. Aggregated CVD (cumulative volume…
Are XRP whales assembling for a win as Ripple president oozes confidence
XRP whale transactions between $100,000 and $1 million have remarkably increased. Ripple’s president showed optimism about a win as more people backed the firm. For over two years, Ripple [XRP] has been…
Bitcoin [BTC] can witness a further price hike if these factors are checked
After a short decline, BTC managed to reclaim the $28,000 status. Several market indicators and metrics looked bullish; BTC’s RSI was overbought. For a short period, Bitcoin [BTC] witnessed a decline in…
Solana [SOL] outshines Ethereum [ETH] on this crucial parameter
Solana’s Nakamoto Coefficient stood at 31 as compared to Ethereum’s 1. Solana was well-distributed across geographies with no country controlling 33% of the active stake. The Solana [SOL] Foundation published its latest…