{"id":343757,"date":"2023-09-15T06:00:07","date_gmt":"2023-09-15T00:30:07","guid":{"rendered":"https:\/\/ambcrypto.com\/?p=343757"},"modified":"2023-09-15T03:51:40","modified_gmt":"2023-09-14T22:21:40","slug":"hederas-stablecoin-launch-why-this-can-accelerate-the-networks-growth","status":"publish","type":"post","link":"https:\/\/ambcrypto.com\/hederas-stablecoin-launch-why-this-can-accelerate-the-networks-growth\/","title":{"rendered":"Hedera&#8217;s stablecoin launch: Why this can accelerate the network&#8217;s growth"},"content":{"rendered":"<ul>\n<li><em>Hedera\u2019s stablecoin plans highlight a chance to explore a tested area of growth.<\/em><\/li>\n<li><em>HBAR bulls are back but current data suggested that their dominance might be shortlived.<\/em><\/li>\n<\/ul>\n<p>The <a href=\"http:\/\/ambcrypto.com\/hbars-price-stands-at-the-mercy-of-these-recent-developments-assessing\/\">Hedera<\/a> blockchain just made possibly one of its most important announcements this year. The network plans to push full speed ahead into the stablecoin segment and this could set precedence for aggressive growth in the next 12 months.<\/p>\n<hr \/>\n<p style=\"text-align: center;\">Is your portfolio green? Check out the <a href=\"http:\/\/ambcrypto.com\/calculator\/hedera-hashgraph-profit-calculator\" target=\"_blank\" rel=\"noopener\">Hedera Profit Calculator<\/a><\/p>\n<hr \/>\n<p>The announcement revealed that Hedera is venturing into the stablecoin industry through its newly launched stablecoin studio. The latter will reportedly be Hedera\u2019s toolkit for the management, issuance, and configuration of stablecoins within its ecosystem.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">1\/ We are excited to announce the <a href=\"https:\/\/twitter.com\/hashtag\/Hedera?src=hash&amp;ref_src=twsrc%5Etfw\">#Hedera<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/Stablecoin?src=hash&amp;ref_src=twsrc%5Etfw\">#Stablecoin<\/a> Studio: the all-in-one stablecoin configuration, issuance, and management toolkit tailored for <a href=\"https:\/\/twitter.com\/hashtag\/web3?src=hash&amp;ref_src=twsrc%5Etfw\">#web3<\/a> platforms, institutional issuers, enterprises, and payment providers alike.<\/p>\n<p>Explore \u27a1\ufe0f <a href=\"https:\/\/t.co\/JYoPGw8Bt4\">https:\/\/t.co\/JYoPGw8Bt4<\/a> <a href=\"https:\/\/t.co\/y8M22fQx4V\">pic.twitter.com\/y8M22fQx4V<\/a><\/p>\n<p>\u2014 Hedera (@hedera) <a href=\"https:\/\/twitter.com\/hedera\/status\/1701885213868200407?ref_src=twsrc%5Etfw\">September 13, 2023<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>In addition, the Hedera network revealed that the new stablecoin toolkit will be a B2B offering. The target clients are payment providers, companies, and institutional stablecoin issuers. The target clientele underscores the potential to tap into multiple industries.<\/p>\n<h4><strong>Will Hedera\u2019s stablecoin studio unlock exponential network growth?<\/strong><\/h4>\n<p>Institutional liquidity is one of the biggest drivers in crypto and beyond. This focus could thus offer a new lifeline for Hedera\u2019s dream of achieving mass adoption and utility. The decision to <a href=\"http:\/\/ambcrypto.com\/what-next-for-hbar-on-the-back-of-network-activity-spike\/\">explore growth<\/a> through stablecoins is one that has been quite successful for other top networks. The Tron network is perhaps the best example of a network that has achieved immense growth mostly through stablecoins.<\/p>\n<p>Hedera could thus be following in Tron\u2019s footsteps with its own unique twist on the stablecoin focus. This could unlock more utility which could in turn facilitate more utility and demand for the HBAR cryptocurrency.<\/p>\n<h4><strong>HBAR bulls are out to play<\/strong><\/h4>\n<p>The news about Hedera\u2019s new stablecoin studio came at a time when <a href=\"http:\/\/ambcrypto.com\/what-to-expect-as-hbar-fails-to-reclaim-0-05\/\">HBAR<\/a> was experiencing a bullish relief after a 40% discount from August highs. HBAR exchanged hands for roughly $0.051 at press time <a href=\"http:\/\/ambcrypto.com\/hbar-cracks-0-05-support-whats-next\/\">after a 13% rally<\/a> from its four-week low.<\/p>\n<p>HBAR\u2019s pivot occurred after retesting the same support line where the price found support in early July. It was also almost overbought according to the Relative Strength Index (RSI), hence indicating pent-up bullish momentum. This would explain why it did not dip all the way into oversold territory.<\/p>\n<hr \/>\n<p style=\"text-align: center;\">Read <a href=\"http:\/\/ambcrypto.com\/predictions\/hedera-hashgraph-price-prediction\" target=\"_blank\" rel=\"noopener\">Hedera&#8217;s [HBAR] price prediction<\/a> 2023-24<\/p>\n<hr \/>\n<p>Perhaps the next most important question is whether HBAR can sustain the bullish momentum for a while longer. Well, on-chain data revealed that the ongoing rally was backed by a substantial volume uptick. Daily trading in USD volume was also up considerably.<\/p>\n<p>While the above observations align with the bullish momentum, it was worth noting that the initial wave of open interest is over. Open interest in USD per exchange bounced sharply in the last 24 hours. However, it also dipped considerably after its peak. This might be a sign that the bullish momentum could be short-lived if the current demand is not sustainable.<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Hedera network made a huge announcement considering the growth trajectory of the network. How this will impact HBAR remains to be seen. <\/p>\n","protected":false},"author":63,"featured_media":343760,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"om_disable_all_campaigns":false,"footnotes":""},"categories":[31,66,3,4,20],"tags":[],"class_list":["post-343757","post","type-post","status-publish","format-standard","has-post-thumbnail","category-altcoins-news","category-new-news","category-news","category-social","category-trading-view"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.5 (Yoast SEO v28.5) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Hedera&#039;s stablecoin launch: Why this can accelerate the network&#039;s growth - AMBCrypto<\/title>\n<meta name=\"description\" content=\"The Hedera blockchain just made possibly one of its most important announcements this year. The network has plans to push full speed ahead in\" \/>\n<meta name=\"robots\" content=\"index, follow, max-image-preview:large\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ambcrypto.com\/hederas-stablecoin-launch-why-this-can-accelerate-the-networks-growth\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Hedera&#039;s stablecoin launch: Why this can accelerate the network&#039;s growth - AMBCrypto\" \/>\n<meta property=\"og:description\" content=\"The Hedera network made a huge announcement considering the growth trajectory of the network. How this will impact HBAR remains to be seen.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/ambcrypto.com\/hederas-stablecoin-launch-why-this-can-accelerate-the-networks-growth\/\" \/>\n<meta property=\"og:site_name\" content=\"AMBCrypto\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/cryptoamb\" \/>\n<meta property=\"article:published_time\" content=\"2023-09-15T00:30:07+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/09\/ambcrypto_An_image_of_a_flag_with_the_word_Hedera._The_image_is_6238c1c8-c1d9-4190-8eb6-dbd5ac75f792_1200x900.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"900\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Michael Nderitu\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@https:\/\/twitter.com\/nderitu_michael\" \/>\n<meta name=\"twitter:site\" content=\"@CryptoAmb\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Michael Nderitu\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"ReportageNewsArticle\",\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/hederas-stablecoin-launch-why-this-can-accelerate-the-networks-growth\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/hederas-stablecoin-launch-why-this-can-accelerate-the-networks-growth\\\/\"},\"author\":{\"name\":\"Michael Nderitu\",\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#\\\/schema\\\/person\\\/0f3e9d96bec7b08bb0f729fb02d5fcbf\"},\"headline\":\"Hedera&#8217;s stablecoin launch: Why this can accelerate the network&#8217;s growth\",\"datePublished\":\"2023-09-15T00:30:07+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/hederas-stablecoin-launch-why-this-can-accelerate-the-networks-growth\\\/\"},\"wordCount\":525,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/hederas-stablecoin-launch-why-this-can-accelerate-the-networks-growth\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/ambcrypto.com\\\/wp-content\\\/uploads\\\/2023\\\/09\\\/ambcrypto_An_image_of_a_flag_with_the_word_Hedera._The_image_is_6238c1c8-c1d9-4190-8eb6-dbd5ac75f792_1200x900.png\",\"articleSection\":[\"Altcoin\",\"News\",\"News 1\",\"Social\",\"Trading View\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/ambcrypto.com\\\/hederas-stablecoin-launch-why-this-can-accelerate-the-networks-growth\\\/#respond\"]}],\"copyrightYear\":\"2023\",\"copyrightHolder\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/hederas-stablecoin-launch-why-this-can-accelerate-the-networks-growth\\\/\",\"url\":\"https:\\\/\\\/ambcrypto.com\\\/hederas-stablecoin-launch-why-this-can-accelerate-the-networks-growth\\\/\",\"name\":\"Hedera's stablecoin launch: Why this can accelerate the network's growth - AMBCrypto\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/hederas-stablecoin-launch-why-this-can-accelerate-the-networks-growth\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/hederas-stablecoin-launch-why-this-can-accelerate-the-networks-growth\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/ambcrypto.com\\\/wp-content\\\/uploads\\\/2023\\\/09\\\/ambcrypto_An_image_of_a_flag_with_the_word_Hedera._The_image_is_6238c1c8-c1d9-4190-8eb6-dbd5ac75f792_1200x900.png\",\"datePublished\":\"2023-09-15T00:30:07+00:00\",\"description\":\"The Hedera blockchain just made possibly one of its most important announcements this year. The network has plans to push full speed ahead in\",\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/ambcrypto.com\\\/hederas-stablecoin-launch-why-this-can-accelerate-the-networks-growth\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/hederas-stablecoin-launch-why-this-can-accelerate-the-networks-growth\\\/#primaryimage\",\"url\":\"https:\\\/\\\/ambcrypto.com\\\/wp-content\\\/uploads\\\/2023\\\/09\\\/ambcrypto_An_image_of_a_flag_with_the_word_Hedera._The_image_is_6238c1c8-c1d9-4190-8eb6-dbd5ac75f792_1200x900.png\",\"contentUrl\":\"https:\\\/\\\/ambcrypto.com\\\/wp-content\\\/uploads\\\/2023\\\/09\\\/ambcrypto_An_image_of_a_flag_with_the_word_Hedera._The_image_is_6238c1c8-c1d9-4190-8eb6-dbd5ac75f792_1200x900.png\",\"width\":1200,\"height\":900},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#website\",\"url\":\"https:\\\/\\\/ambcrypto.com\\\/\",\"name\":\"AMBCrypto\",\"description\":\"Stay Ahead!\",\"publisher\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#organization\"},\"alternateName\":\"AMBCrypto News\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/ambcrypto.com\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#organization\",\"name\":\"AMBCrypto\",\"alternateName\":\"AMBCrypto News\",\"url\":\"https:\\\/\\\/ambcrypto.com\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/ambcrypto.com\\\/wp-content\\\/uploads\\\/2026\\\/04\\\/amb-wide.jpg\",\"width\":600,\"height\":60,\"caption\":\"AMBCrypto\"},\"image\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#\\\/schema\\\/logo\\\/image\\\/\"},\"sameAs\":[\"https:\\\/\\\/www.facebook.com\\\/cryptoamb\",\"https:\\\/\\\/x.com\\\/CryptoAmb\",\"https:\\\/\\\/www.linkedin.com\\\/company\\\/13629485\\\/\"]},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#\\\/schema\\\/person\\\/0f3e9d96bec7b08bb0f729fb02d5fcbf\",\"name\":\"Michael Nderitu\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/wp-content\\\/uploads\\\/2022\\\/03\\\/IMG_20220322_164603_71-150x150.jpg\",\"url\":\"https:\\\/\\\/ambcrypto.com\\\/wp-content\\\/uploads\\\/2022\\\/03\\\/IMG_20220322_164603_71-150x150.jpg\",\"contentUrl\":\"https:\\\/\\\/ambcrypto.com\\\/wp-content\\\/uploads\\\/2022\\\/03\\\/IMG_20220322_164603_71-150x150.jpg\",\"caption\":\"Michael Nderitu\"},\"description\":\"Michael is a full-time journalist at AMBCrypto. He has 5 years of experience in finance and forex and more than two years as a writer in the crypto and blockchain segments. Michael's writing at AMBCrypto is primarily focused on cryptocurrency market news and technical analysis. His interests include motorcycles and exotic cars.\",\"sameAs\":[\"https:\\\/\\\/www.linkedin.com\\\/in\\\/michael-gachihi-3b1545203\",\"https:\\\/\\\/x.com\\\/https:\\\/\\\/twitter.com\\\/nderitu_michael\"],\"url\":\"https:\\\/\\\/ambcrypto.com\\\/author\\\/michael-nderitu\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Hedera's stablecoin launch: Why this can accelerate the network's growth - AMBCrypto","description":"The Hedera blockchain just made possibly one of its most important announcements this year. The network has plans to push full speed ahead in","robots":{"index":"index","follow":"follow","max-image-preview":"max-image-preview:large"},"canonical":"https:\/\/ambcrypto.com\/hederas-stablecoin-launch-why-this-can-accelerate-the-networks-growth\/","og_locale":"en_US","og_type":"article","og_title":"Hedera's stablecoin launch: Why this can accelerate the network's growth - AMBCrypto","og_description":"The Hedera network made a huge announcement considering the growth trajectory of the network. How this will impact HBAR remains to be seen.","og_url":"https:\/\/ambcrypto.com\/hederas-stablecoin-launch-why-this-can-accelerate-the-networks-growth\/","og_site_name":"AMBCrypto","article_publisher":"https:\/\/www.facebook.com\/cryptoamb","article_published_time":"2023-09-15T00:30:07+00:00","og_image":[{"width":1200,"height":900,"url":"https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/09\/ambcrypto_An_image_of_a_flag_with_the_word_Hedera._The_image_is_6238c1c8-c1d9-4190-8eb6-dbd5ac75f792_1200x900.png","type":"image\/png"}],"author":"Michael Nderitu","twitter_card":"summary_large_image","twitter_creator":"@https:\/\/twitter.com\/nderitu_michael","twitter_site":"@CryptoAmb","twitter_misc":{"Written by":"Michael Nderitu","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"ReportageNewsArticle","@id":"https:\/\/ambcrypto.com\/hederas-stablecoin-launch-why-this-can-accelerate-the-networks-growth\/#article","isPartOf":{"@id":"https:\/\/ambcrypto.com\/hederas-stablecoin-launch-why-this-can-accelerate-the-networks-growth\/"},"author":{"name":"Michael Nderitu","@id":"https:\/\/ambcrypto.com\/#\/schema\/person\/0f3e9d96bec7b08bb0f729fb02d5fcbf"},"headline":"Hedera&#8217;s stablecoin launch: Why this can accelerate the network&#8217;s growth","datePublished":"2023-09-15T00:30:07+00:00","mainEntityOfPage":{"@id":"https:\/\/ambcrypto.com\/hederas-stablecoin-launch-why-this-can-accelerate-the-networks-growth\/"},"wordCount":525,"commentCount":0,"publisher":{"@id":"https:\/\/ambcrypto.com\/#organization"},"image":{"@id":"https:\/\/ambcrypto.com\/hederas-stablecoin-launch-why-this-can-accelerate-the-networks-growth\/#primaryimage"},"thumbnailUrl":"https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/09\/ambcrypto_An_image_of_a_flag_with_the_word_Hedera._The_image_is_6238c1c8-c1d9-4190-8eb6-dbd5ac75f792_1200x900.png","articleSection":["Altcoin","News","News 1","Social","Trading View"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/ambcrypto.com\/hederas-stablecoin-launch-why-this-can-accelerate-the-networks-growth\/#respond"]}],"copyrightYear":"2023","copyrightHolder":{"@id":"https:\/\/ambcrypto.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/ambcrypto.com\/hederas-stablecoin-launch-why-this-can-accelerate-the-networks-growth\/","url":"https:\/\/ambcrypto.com\/hederas-stablecoin-launch-why-this-can-accelerate-the-networks-growth\/","name":"Hedera's stablecoin launch: Why this can accelerate the network's growth - AMBCrypto","isPartOf":{"@id":"https:\/\/ambcrypto.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/ambcrypto.com\/hederas-stablecoin-launch-why-this-can-accelerate-the-networks-growth\/#primaryimage"},"image":{"@id":"https:\/\/ambcrypto.com\/hederas-stablecoin-launch-why-this-can-accelerate-the-networks-growth\/#primaryimage"},"thumbnailUrl":"https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/09\/ambcrypto_An_image_of_a_flag_with_the_word_Hedera._The_image_is_6238c1c8-c1d9-4190-8eb6-dbd5ac75f792_1200x900.png","datePublished":"2023-09-15T00:30:07+00:00","description":"The Hedera blockchain just made possibly one of its most important announcements this year. The network has plans to push full speed ahead in","inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/ambcrypto.com\/hederas-stablecoin-launch-why-this-can-accelerate-the-networks-growth\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ambcrypto.com\/hederas-stablecoin-launch-why-this-can-accelerate-the-networks-growth\/#primaryimage","url":"https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/09\/ambcrypto_An_image_of_a_flag_with_the_word_Hedera._The_image_is_6238c1c8-c1d9-4190-8eb6-dbd5ac75f792_1200x900.png","contentUrl":"https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/09\/ambcrypto_An_image_of_a_flag_with_the_word_Hedera._The_image_is_6238c1c8-c1d9-4190-8eb6-dbd5ac75f792_1200x900.png","width":1200,"height":900},{"@type":"WebSite","@id":"https:\/\/ambcrypto.com\/#website","url":"https:\/\/ambcrypto.com\/","name":"AMBCrypto","description":"Stay Ahead!","publisher":{"@id":"https:\/\/ambcrypto.com\/#organization"},"alternateName":"AMBCrypto News","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/ambcrypto.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/ambcrypto.com\/#organization","name":"AMBCrypto","alternateName":"AMBCrypto News","url":"https:\/\/ambcrypto.com\/","logo":{"@type":"ImageObject","@id":"https:\/\/ambcrypto.com\/#\/schema\/logo\/image\/","url":"https:\/\/ambcrypto.com\/wp-content\/uploads\/2026\/04\/amb-wide.jpg","width":600,"height":60,"caption":"AMBCrypto"},"image":{"@id":"https:\/\/ambcrypto.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/cryptoamb","https:\/\/x.com\/CryptoAmb","https:\/\/www.linkedin.com\/company\/13629485\/"]},{"@type":"Person","@id":"https:\/\/ambcrypto.com\/#\/schema\/person\/0f3e9d96bec7b08bb0f729fb02d5fcbf","name":"Michael Nderitu","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ambcrypto.com\/wp-content\/uploads\/2022\/03\/IMG_20220322_164603_71-150x150.jpg","url":"https:\/\/ambcrypto.com\/wp-content\/uploads\/2022\/03\/IMG_20220322_164603_71-150x150.jpg","contentUrl":"https:\/\/ambcrypto.com\/wp-content\/uploads\/2022\/03\/IMG_20220322_164603_71-150x150.jpg","caption":"Michael Nderitu"},"description":"Michael is a full-time journalist at AMBCrypto. He has 5 years of experience in finance and forex and more than two years as a writer in the crypto and blockchain segments. Michael's writing at AMBCrypto is primarily focused on cryptocurrency market news and technical analysis. His interests include motorcycles and exotic cars.","sameAs":["https:\/\/www.linkedin.com\/in\/michael-gachihi-3b1545203","https:\/\/x.com\/https:\/\/twitter.com\/nderitu_michael"],"url":"https:\/\/ambcrypto.com\/author\/michael-nderitu\/"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/ambcrypto.com\/wp-json\/wp\/v2\/posts\/343757","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ambcrypto.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ambcrypto.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ambcrypto.com\/wp-json\/wp\/v2\/users\/63"}],"replies":[{"embeddable":true,"href":"https:\/\/ambcrypto.com\/wp-json\/wp\/v2\/comments?post=343757"}],"version-history":[{"count":0,"href":"https:\/\/ambcrypto.com\/wp-json\/wp\/v2\/posts\/343757\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ambcrypto.com\/wp-json\/wp\/v2\/media\/343760"}],"wp:attachment":[{"href":"https:\/\/ambcrypto.com\/wp-json\/wp\/v2\/media?parent=343757"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ambcrypto.com\/wp-json\/wp\/v2\/categories?post=343757"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ambcrypto.com\/wp-json\/wp\/v2\/tags?post=343757"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}