Stablecoins play a key role in the decentralized finance and broader cryptocurrency ecosystem, without a doubt. But the rivalry between USDT and USDC seems to have taken a different route. USDT, continues to lead across all the top blockchains with a market cap exceeding $68 billion. This is followed by USDC with a market capContinue reading “USDT, USDC, BUSD- Know this update before you park your money in it”

Ghost chain– the presence of FUD around these was noted in various stages of Cardano [ADA]. Despite significant upgrades, such censures continue to see new faces. But was it time for such narratives to stop? ______________________________________________________________________________________ Here’s AMBCrypto’s Price Prediction for Cardano [ADA] for 2023-24 ______________________________________________________________________________________ From this to that Two weeks after the VasilContinue reading “Cardano surpasses BTC, ETH on this front; can ADA keep up with the pace”

The broader mining macro environment caused the Bitcoin [BTC] mining euphoria to come to an abrupt halt in 2022. Reasons vary from regulatory hiccups to ESG concerns, and much more. But could this narrative change as BTC miners seem to have found affection towards mining? _________________________________________________________________________________________ Here’s AMBCrypto’s Price Prediction for Bitcoin in 2022-23 _________________________________________________________________________________________Continue reading “BTC miners crawling back to mining may be a win, but not an easy path”

USDC and USDT — two renowned stablecoins backed by the fiat currency, USD witnessed quite a few tussles over the years to stand at the #1 mark. While the latter still holds the trophy, USDC participated in many ‘highs’ to at least try to give a tough fight for the trophy. Bloating Hollow sphere CircleContinue reading “USDC’s lead over USDT may do little or nothing for the stablecoin because…”

The current market situation remains primarily determined by Bitcoin [BTC] short-term holders. These holders were “jostling for the best entry price, and what little profit is available to take.” But now the situation might be a different one. Positive narratives may soon be emerging from the largest coin as it shows a will to surviveContinue reading “Why BTC short-term holders owning 23% BTC may act in favor of the king coin”

Ripple [XRP] appeared to defy all the odds considering the alt’s price movements and trading patterns since the beginning of October. On one hand, XRP registered gains and on the flipside Ripple continues to be embroiled in the never ending lawsuit with the SEC. ________________________________________________________________________________________ Here’s AMBCrypto’s Price Prediction for XRP for 2022-23 ________________________________________________________________________________________ ButContinue reading “Ripple: What a rise in transaction count can do for a recovering XRP”

Ever had a carefully curated food item that despite its amazing smell and texture lacks a key ingredient? And how adding that one key element just elevates the entire dish. Well, the leader in the Layer-2 space, Arbitrum, faces the same ordeal. Arbitrum provided the fastest recorded transactional throughputs and the shortest time to finalityContinue reading “Arbitrum’s ‘organic’ glam lacks this key ingredient for growth”

Data from the whale tracking platform, WhaleStats stated that a Shiba Inu [SHIB] whale withdrew 1.7 trillion SHIB from the crypto exchange Huobi. This could mean that the exchange outflow transfer to a personal wallet could be for accumulation purposes (while deposits may be for dumping). Such activity in the market can have a bullishContinue reading “Shiba Inu: New gaming center, 36k+ holders, and burn uptick could mean…”

How is success measured? Well, different platforms have different measures in place. As far as Cosmos ($ATOM) is concerned though, “success will depend on the changes made to $ATOM and whether that can attract more projects to build.” Ergo, the question – Is that the case? Here’s AMBCrypto’s Price Prediction for ATOM for 2023-24 RisingContinue reading “Cosmos Hub’s V2 proposal fails to light fireworks for ATOM as…”

Is optimism around Bitcoin [BTC] and its holders seeing a solid foundation despite the daunting bear? Well, it certainly looks like the case. The overall supply on exchanges has dropped to extreme lows, as per data from Santiment. Here, it’s worth noting that the drop came at a time of wide-market sell-offs. Here’s AMBCrypto’s Price PredictionContinue reading “Bitcoin: Here’s the case for an early Christmas in October for BTC holders”

Can it be any worse for the already-troubled crypto-mixer Tornado Cash? Not just on the regulatory side, but even on-chain metrics have now revealed a depressing story. From monthly users to weekly deposits and withdrawals and much more… Dying eye of this tornado Crypto-mixer Tornado Cash saw a significant drop in activity following the sanctionsContinue reading “Nothing ‘unique’ about Tornado Cash as sanctions continue to pinch TORN”

Layer 2 projects such as Optimism [OP] managed to outshine their sidechain counterparts in the L2 race. However, when compared with the second-largest cryptocurrency, the gap between the two was extremely evident. But has the L2 platform doing its bits to close that distance? A long road ahead… The OP token slipped below the keyContinue reading “OP’s ‘Optimism’ may be amiss as the altcoin slips below this key support level  “