GME surged 1,500% post-Roaring Kitty’s post, showing high volatility. Massachusetts regulator to probe Roaring Kitty’s GameStop trades. After seeing a surge of over 300% in the value of GameStop [GME] memecoin on 3rd June, GME dropped by 25.27% in the past 24 hours. While the surge was attributed to posts by Keith Gill, aka Roaring…
Market sentiment around Dogecoin remained bearish. However, indicators hinted at a price rise soon. After a week of multiple corrections, Dogecoin [DOGE] finally got back on track. In the meantime, the latest data revealed that DOGE was following a past trend, which had earlier resulted in massive bull rallies. Let’s have a closer look at…
Ripple’s CEO criticized the SEC and called for clear U.S crypto regulations. Many expect the likes of Solana and XRP to soon join the crypto-ETF bandwagon In light of spot Ethereum [ETH] ETFs finally winning approval recently, there has been a lot of chatter around the change in the SEC’s attitude towards crypto. However, with…
PEPE’s price increased by more than 4% in the last 24 hours. Most metrics and indicators looked bullish on the memecoin. After a few days of decline from its recently reached all-time high, PEPE is showing signs of recovery. If the trend continues, then PEPE might soon test its ATH. Let’s have a closer look…
US ETH ETF could attract less capital flows compared to US BTC ETF products The analyst based his projection on ETH vs. BTC futures ETFs and Silver vs. Gold. The much-awaited launch of US spot Ethereum [ETH] ETF (exchange-traded funds) may struggle to replicate the success of the Bitcoin [BTC] ETF. According to Bloomberg ETF…
Image source: Getty Images The Canadian stock market spent most of 2023 trading sideways, struggling to return to all-time highs that were set in 2022. It’s been a far different story in 2024 so far though. Canadian investors have had plenty to cheer about this year. The S&P/TSX Composite Index is up nearly 7% on…
Bitcoin saw a positive reaction on the price charts, but social metrics underlined weakness. The high demand for Bitcoin in May could propel prices past the ATH soon. Bitcoin [BTC] saw an interesting week in terms of price action. It had a lively breakout past the local range high at $67k on the 20th of…
Money flowed out of BTC contracts, suggesting that the price might fall to $65,000. Social dominance dropped to 7.07%, indicating that attention was moving to other cryptocurrencies. The total Bitcoin [BTC] Open Interest has lost almost $1 billion in value between the 23rd and 24th of May. AMBCrypto found out after examining the metric using…
The FOMC’s rate decision draws criticism; Peter Schiff and David Solomon predict ‘no cuts’ soon. The crypto market faces a downturn — resilience is observed, with a focus on long-term strategies. Amidst concerns about the rising inflation in the U.S., the Federal Reserve has decided to hold interest rates steady. Minutes from the Federal Open…
XRP holders rejoiced as prices advanced toward a key resistance zone. The on-chain metrics showed accumulation but also warned of potential selling pressure. Ripple [XRP] saw a moderate price jump on the 20th of May. It gained 6.13% in a 24-hour window and during the same time, Bitcoin [BTC] climbed by 6.9% but saw a…