According to a recent report by Glassnode, there has been a spike in the number of new addresses on Ethereum. This could be indicative of a sustained interest in the altcoin. Now, while that may be the case, however, the decline in sentiment and volume seemed to suggest otherwise at press time.
In a recent interview with Polish-American journalist Natalie Brunell, U.S. Senator Cynthia Lummis shared her thoughts on upcoming crypto regulation in the U.S. According to a press release issued on 7 June 2022, “U.S. Senators Kirsten Gillibrand (D-NY), member of the Senate Agriculture Committee, and Cynthia Lummis (R-WY), member of the...
Disclaimer: The datasets shared in the following article have been compiled from a set of online resources and do not reflect AMBCrypto’s own research on the subject The past few days have been remarkable for XRP, the sixth-largest crypto in the world. A massive spike in trading volume and an impressive price rally have rekindled optimistic sentiments in investors of the altcoin. XRP’s 24-hour trading volume reached a 365-day high of $7.80 billion on 23 September, a figure that hadn’t been...
In a recent interview, Solana Labs Co-Founder Anatoly Yakovenko talked about how Solana managed — over the past 18 months — to “catapult” itself to the position of one of Ethereum’s major L1 blockchain rivals. His comments were made during a conversation on September 21 with Ryan Selkis, Co-Founder...
Decentraland’s MANA, the native token that fuels the Ethereum blockchain-powered virtual world where users can create, experience, and monetize content and applications, has declined by 75% over the last two quarters. Consider this – MANA’s price has fallen from $2.7 to $0.69 within this period, with the larger market battling the after-effects of Celsius and Terra’s collapse and bearish macroeconomic conditions.
Shiba Inu’s [SHIB] trading volume jumped 49.14% in the last 24 hours, and the increase could be the impact of recent large transactions. Based on information from Etherscan, one of the top 100 Ethereum [ETH] whales made two huge transactions within the aforementioned period. The Ethereum block explorer also revealed that the two transactions summed up to $3.4 million. In the initial transactions, the whale transferred 200 billion SHIB tokens to another wallet. After which, another 100 billion SHIB arrived in...
Layer-one (L1) blockchain, VeChain [VET] released its second quarter financial report on 30 September, indicating a solid status. According to the VeChain Foundation, the firm had over $474.88 million worth of cryptocurrencies in its reserves. The organization noted that this value was only in its Bitcoin [BTC], Ethereum [ETH], and VET holdings. Furthermore, the foundation also noted other sums in stablecoins. A look at the document showed that the stablecoin reserves were about $60.40 million. This brought the reserves to...
On Friday (September 30), entrepreneur David Gokhshtein, who is Founder and Chairman of crypto-focused media outlet Gokhshtein Media, said that those who keep dumping on XRP are inadvertently helping to grow the XRP community. The more you shit on $XRP, the more you’re pushing people to look...
On Thursday (September 29), Deutsche Telecom, a a German telecommunications company headquartered in Bonn that is the largest telecommunications provider in Europe by revenue, announced that it “supports Ethereum with infrastructure.” Deutsche Telecom (DT), which operates several subsidiaries worldwide (including T-Mobile), stated in a press release issued on September 29 that it is “expanding...
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