VeChain has been riding along with the crypto-market surge, fueled by Bitcoin’s bullish movement. VET has seen a 72.41% increase in the last week. It peaked at $0.05085, before a small pullback down to $0.04428. Ali Martinez is of the opinion that VET’s best days are yet to come. Martinez Points out Historical Similarities It is not a post The analyst uses X to present a chart and draw attention VET’s phase of consolidation, highlighting patterns similar to those that were observed prior the the bull market in 2021. VeChain then accumulated for almost 600 days, before it exploded to…
Author: Gavin
CoinShares is a digital asset manager. It says last week, institutions made a record weekly investment of $2.9 Billion into cryptocurrency products. Digital Asset Fund Flows in its Latest Digital Asset Fund Report reportCoinShares has announced that crypto-investment products’ year-todate flows have reached a record. The digital asset investment product industry saw weekly inflows of US$2.9bn. This was a record, surpassing the previous record set by US$2.7bn. This week’s inflows have pushed year-to-date inflows to US$13.2bn, smashing the full 2021 inflows of US$10.6bn… The global ETPs reached US$100bn for the very first time during the past week, though the final price…
The following are some of the reasons why you should consider hiring someone elseecent on-chain data highlighted A significant trend is the wave of investors taking profits who hold Bitcoin (BTC), for less than 5 months. CryptoQuant’s most recent data has shown that the current market phenomenon is not a mere random move, but rather echoes patterns seen during previous bull markets. Bitcoin Markets Shift Signaled by Profit-Taking among Short-Term Bitcoin Owners CryptoQuant says that the SOPR, a key measure in evaluating Bitcoin transaction profits and losses over a period of time, shows a pronounced uptick Profits are not always…
Cardano’s network activity has remained strong as transactions involving active addresses have increased. On the whole, market indicators look bearish. Cardano [ADA] A new stablecoin has been launched recently on the Blockchain. This is a huge development for its ecosystem. In the past 24 hours, tokens’ prices have risen in response to this new development. Cardano welcomes USDM Cardano’s first fiat stablecoin with a 1:1 ratio, USDM was released recently. According to the announcementUSDM is slowly arriving in-chain during the week of 18th March. AMBCrypto wanted to look at the current Cardano network statistics to see if this could attract…
Bitcoin’s recent price movements revealed several trends. ups and downs, from starting the week at a new all-time high of $73,780 to crashing 12% in the days after to reach below $65,000. Analysts have noticed that massive amounts of Bitcoin were being removed from the major exchanges in this period of uncertainty. This indicates large investors are anticipating further price increases. A post on social media by the crypto analyst Ali Martinez states that the BTC total balance at crypto exchanges has fallen by more than 21,400 over the last week. This is due to the addition of 13 whales…
Cardano has experienced a large correction during the past few days. Its weekly charts have fallen 7.3%, and its 14-day charts by 11.9%. But the asset still has an increase of 1.4% per day, 17.7% compared to the last month and 93.8% from March 2023. Source: CoinGecko Also Read: Dubai Police Partners With Cardano Foundation to Prevent Crime Bitcoin (BTC), which briefly fell below $68k, could have been the cause of ADA’s recent correction. BTC is the current determining factor in the movement of many assets. If we look at ADA’s past data, it is possible that we will see…
After a recent prediction came true, a prominent analyst argued VeChain’s (VET), is on track for an explosive 1480% rise to a new all-time record high. VeChain has benefited from the cryptocurrency market boom led by Bitcoin. VET’s growth was impressive in the last week, going from $0.05085 to $0.02947. The surge in the stock market is an impressive 72.41% over the previous week. VET’s price has dropped by 9% in the last day to $0.04428, a drop of 9%. cryptocurrency analysts such as Ali Martinez believe VeChain’s Momentum is not about to diminish. Martinez says that the week to…
A new Solana (SOLAfter launching on several crypto exchanges, the market capitalization of.-based memecoin surpassed $620,000,000. SlerfSLERFAs of Monday, ) a sloth themed memecoin is trading on four or more crypto exchanges. MEXC added Slerf the its “assessment zone,” It is only reserved for volatile digital assets that have a low cap value. Poloniex, Bitget You can also find out more about the following: Bybit Slerf is also listed on the trading market. Slerf’s price soared up to $1.25 Monday amid the news of the launch of the token and its listing on an exchange. The project’s value also jumped…
DOGE saw a 6% increase in just 24 hours after a slight dip. The technical indicators pointed to a reversal of trend. Dogecoin’s [DOGE] Price dropped dramatically in the past few days. In spite of recent drops in price, DOGE’s macro view revealed a 78% increase over the last 30 day period. This uptrend will DOGE reach $0.2 within the next few weeks. Dogecoin has a resurgence On the 17th March, Dogecoin dropped to $0.140. As the value of Dogecoin dropped, so did its Network Activity. AMBCrypto’s analyses of Santiment data showed that Daily Active Addresses for the meme coin…
Standard Chartered releases its latest research notes By the year 2024, and even beyond, the outlook is very positive for Bitcoin (BTC) as well as Ethereum (ETH), the two major digital assets. According to the analysts at this bank, Bitcoin may reach $150,000 while Ethereum might hit $8,000. This projection comes amid a number of recent developments, including Bitcoin’s spot Exchange-Traded Funds. upgrade. Bitcoins’ Path to $150,000 Research by the bank explains how Bitcoin could reach $150,000 in value before the end of this year. This projection relies heavily on the impact of Bitcoin ETFs. launch on January 11Rapid inflows…
