
Articles
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1 month ago |
ambcrypto.com | Yash Majithia |Ishika Kumari |Benjamin Njiri |Vivaan Acharya
Recovery above the 20 EMA revealed marginal bullish strength, but the 50 EMA level of $0.46 will continue to pose as key resistanceDerivatives data showed short positions retreating as Open Interest and volumes spikedEthena [ENA] has bounced back from its multi-month lows near the $0.26-$0.28 range, registering an impressive rally that pulled its price above the 20 EMA. However, the altcoin is still struggling to flip its 50 EMA. This could be a crucial level for ENA’s next definitive move.
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2 months ago |
ambcrypto.com | Benjamin Njiri |Gladys Makena |Erastus Chami |Yash Majithia
ETH ETF flows briefly turned positive on Tuesday but logged $63M outflows on Wednesday. There was an increased interest in ETH as a corporate treasury asset. Ethereum [ETH] ETF flows turned positive after 10 days of an outflow trend, signaling a likely renewed demand for the altcoin. On the 4th of March, the products logged $14.58M inflows, and marched with a relatively stronger trading volume, noted Matthew Sigel, head of digital research at VanEck.
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2 months ago |
ambcrypto.com | Gladys Makena |Erastus Chami |Yash Majithia |Farah Mirza
APT has surged by 13. 75% over the past 24 hours. Bitwise files with SEC for Aptos ETF, becoming the first to file for APT ETF in the U.S.Over the past months, Exchange-traded funds (ETF) have increasingly become popular as institutions attempt to benefit from the current pro-crypto government in the U.S.In the latest development, Bitwise has become the first asset manager to file for Aptos [APT] ETF.
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2 months ago |
ambcrypto.com | Erastus Chami |Yash Majithia |Farah Mirza |Kelvin Munene Murithi
Whale activity signaled growing confidence in HYPE, with key resistance levels near $20. Rising Social Volume and increasing circulating supply could drive HYPE to new highs. A whale recently made a bold move by depositing $4.01M into HyperLiquid [HYPE] and spending $1.68M to acquire 99,965 HYPE at an average price of $16.8. At press time, HYPE was trading at $17.51, reflecting a 12.92% increase in the past 24 hours.
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2 months ago |
ambcrypto.com | Yash Majithia |Farah Mirza |Kelvin Munene Murithi |Clinton Otieno
Jito depicted a strong bearish edge as its price struggled to jump above key resistance levels. The 50 EMA fell below the 200 EMA to confirm a death cross on the daily chart. But the RSI’s higher lows bullishly diverged with the price. Jito [JTO] continued its downtrend below its 20, 50, and 200 EMAs after reaching its seven-month high in December 2024. The altcoin found a high liquidity region between the $2.3-$3.2 range, yet recent market uncertainties caused further sell pressure.
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Historically, Bitcoin has shown a relatively high correlation with NASDAQ. But even if stocks see a slowdown, BTC's path to $150K in 2025 is likely because of high ETF flows. That’s around a 50% return on the current price in case of a sluggish NASDAQ performance. Thanks https://t.co/bgaudnZtvM

Over 14% of all #Bitcoin is already in treasuries. https://t.co/0j9IC2jPyu https://t.co/WyNLuph0Yv

This is absurd

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