Akashnath Sumukar

2 months ago | eng.ambcrypto.com | Samantha LKM |Akashnath Sumukar |Benjamin Njiri

Cardano led the market with double-digit gains as Bitcoin’s dominance stumbled ahead of the CPI dataIs this just a relief rally – or the start of ADA’s big comeback? After a week of FUD, momentum is back in the crypto market, with altcoins outshining Bitcoin by 2x or even 3x. Leading the pack, Cardano [ADA] soared by 11% on the charts and hit a weekly high of $27 billion in market cap. Is this the first step in ADA’s run to reclaim $1 or just a momentary squeeze?

2 months ago | eng.ambcrypto.com | Samantha LKM |Akashnath Sumukar |Benjamin Njiri

Ethereum ETFs are drawing significant capital, signaling strong institutional interest in ETH’s futureIncreased Ethereum ETF volumes and the Pectra upgrade could spark a potential market reboundAs the market landscape shifts, a noticeable trend is emerging – Ethereum [ETH] ETFs are seeing a significant surge in capital inflows, while Bitcoin [BTC] ETFs are experiencing a slight dip. This growing interest in Ethereum has sparked speculation that an “Ethereum Season” might be on the horizon.

2 months ago | eng.ambcrypto.com | Samantha LKM |Akashnath Sumukar |Benjamin Njiri

XRP’s Futures market is seeing a sharp decline in activity as traders close positions and signal profit-takingWith speculation cooling off, can strong fundamentals prevent a deeper correction? XRP has hit a rough patch, with the altcoin stuck around $2.50 on the price charts – Down 26% from its yearly high. Profit-taking is sweeping through both Spot and Futures markets, with Open Interest plummeting by 37%. As momentum fades, is XRP heading for a dramatic drop back to $0.20?

2 months ago | eng.ambcrypto.com | Samantha LKM |Akashnath Sumukar |Benjamin Njiri

SHIB’s whale transactions have dropped by 85%, raising concerns about future price movementsSignificant hike in SHIB whale outflows hinted at a potential market shift or redistributionShiba Inu’s [SHIB] recent on-chain data revealed a surprising shift – Whale activity surrounding SHIB has drastically fallen. With a noticeable drop in large transactions and inflows, many are speculating whether this is the beginning of a SHIB whale exodus.

2 months ago | eng.ambcrypto.com | Akashnath Sumukar |Benjamin Njiri |Samantha LKM

ADA faced a 20% fall amid broader market pressures and internal ecosystem struggles. The U.S. Federal Reserve’s policy shift could provide a lifeline, easing liquidity and boosting Cardano’s recovery. Cardano [ADA] has taken a hit, with its price plunging nearly 25% in the past week, leaving many traders on edge. Yet, just as the market sentiment seems to be in the dumps, a potential game-changer has emerged.