AMBCrypto
AMBCrypto started as a simple concept in early 2016, but it became a reality in December 2017. Thanks to a strong community of supporters and talented contributors, we transformed our initial vision into something meaningful. With strong connections in the industry, we deliver the latest news on blockchain technology, market trends, decentralized applications, and provide insightful analysis and expert opinions on various topics within this field.
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Articles
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1 day ago |
ambcrypto.com | Vivaan Acharya
AVAX is showing strong signs of an imminent rally, backed by a bullish price action, rising trading volume, and whale activity.
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6 days ago |
ambcrypto.com | Benjamin Njiri
Galaxy has submitted a new inflation proposal for Solana. The proposal, like SIMD-228, elicited mixed reactions from key players. After stakeholders rejected Solana’s [SOL] 80% inflation cut proposal via SIMD-228 in March, Galaxy has floated another approach. Per the firm, the new inflation model would be ‘market-based’ to set SOL’s future inflation.
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6 days ago |
ambcrypto.com | Benjamin Njiri
Panama City will begin accepting BTC, ETH, USDC, and USDT for tax and city fees. Panama City’s mayor noted that the crypto-to-fiat rail approach was the best option amid legislation delays. Panama’s capital will begin accepting crypto payments for tax and other city-related services. The payments will include Bitcoin [BTC], Ethereum [ETH], USD Coin [USDC], and Tether [USDT].
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6 days ago |
ambcrypto.com | Vivaan Acharya |Olayiwola Dolapo |Gladys Makena |Benjamin Njiri
Despite the recent gains, the $143 resistance was not breached. The steady buying pressure alongside the bridging news gives investors faith. Increased bridging of liquidity to the Solana [SOL] network from competing chains signaled confidence in the network from users. The $120 million flow of liquidity over the past month was good news for the bulls. Of this, $41.5 million came from Ethereum [ETH], and the second-largest inflow to SOL was from Arbitrum [ARB], measuring $37.3 million.
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6 days ago |
ambcrypto.com | Benjamin Njiri
BTC network dropped below the yearly moving average, signaling ‘bear market’ levels. But Glassnode noted that some whales were accumulating despite the price weakness. Bitcoin [BTC] network adoption has dipped to ‘bear market’ levels and could derail any expected strong recovery in the short term. According to on-chain analyst JA Maartun, BTC network activity ‘slowed’ below the yearly Moving Average (365-day MA). This mirrored ‘bear market’ levels seen in 2022 and 2018.
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