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Fidelity Backs Ethereum: Wall Street’s Biggest Players Bet On Crypto’s Number 2.

Fidelity, a leading financial services provider, has recently released a report on Ethereum (ETH) that sheds light on some key metrics to watch for the cryptocurrency in the coming months.   The report highlights several important indicators, including the 50-day and 200-day moving averages (MA), the realized price, the Net Unrealized Profit/Loss (NUPL) ratio, Market Value to Realized Value (MVRV) Z-Score, percent in profit, and the Pi Cycle indicators, all of which can provide valuable insights into market sentiment and potential price movements. origin »

What Optimism token unlock means for OP holders.

About $39.62 million worth of OP will be unlocked later this week. Network activity on the Optimism blockchain has been impressive of late. On 29 July, Optimism [OP] would unlock 3.56% of itThe post What Optimism token unlock means for OP holders appeared first on AMBCrypto. origin »

Prominent Analysts Paint a Grim Picture for Polygon, but See Upside for Arbitrum and Layer Zero.

In recent news, two leading cryptocurrency market analysts have put forward their predictions on the future of Polygon (MATIC), and their findings may worry investors. TraderSZ and Trader_XO, renowned figures in the crypto trading community, are advising caution on MATIC while expressing bullish sentiments towards other Layer 2 solutions such as Arbitrum (ARB) and Layer […] The post Prominent Analysts Paint a Grim Picture for Polygon, but See Upside for Arbitrum and Layer Zero appeared first on CaptainAltcoin. origin »

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