Why Ethereum's move above $2K may not last.

ETH was up by nearly 4% in just the last 24 hours.  Its RSI was overbought, but Open Interest looked bullish.  Ethereum [ETH] once again initiated a bull rally as its price jumped above thThe post Why Ethereum's move above $2K may not last appeared first on AMBCrypto. origin »

Bitcoin Price Soars To $38,000: 5 Major Reasons.

The Bitcoin price has risen as high as $38,012 (on Binance), recording a marginally higher high. Here are the main reasons for the latest surge in BTC price. #1 Euphoria Over Potential ETF Approvals The crypto market has been electrified by the possibility of the US Securities and Exchange Commission (SEC) approving several spot Bitcoin ETFs. origin »

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Paxos secures preliminary license for crypto services in Singapore.

In a significant development in Singapore’s cryptocurrency space, Paxos, the blockchain infrastructure firm, has obtained a preliminary license from the Monetary Authority of Singapore (MAS). This preliminary approval enables Paxos Digital Singapore, the newly established entity, to initiate digital payment token services under the regulatory framework of the Payments Services Act. Paxos to introduce a […] origin »

USDC launches on Sei as Circle invests in layer 1 blockchain.

Layer 1 blockchain Sei welcomes USDC as Circle makes strategic investment USDC will provide Sei developers and entrepreneurs access to fast and instantaneous transaction settlements Circle Ventures, the investment arm of USDC stablecoin issuer Circle, has made a strategic investment in Layer 1 blockchain Sei, the firms announced on Wednesday. origin »

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Bitcoin NVT Remains Bullish, All-Clear Signal For Rally?.

On-chain data shows the Bitcoin Network Value to Transactions (NVT) ratio is above the bear zone, implying the recent price growth might have been healthy. Bitcoin NVT Ratio Has Remained Outside Red Since October According to data from the on-chain analytics firm Santiment, the NVT ratio has seen a significant improvement recently. origin »

AVAX outperforms top cryptos: Will the trend last?.

AVAX painted its chart green even as its contemporaries registered price drops.  AVAX’s popularity increased last week, and market indicators looked bullish.  After a promising bull rallThe post AVAX outperforms top cryptos: Will the trend last? appeared first on AMBCrypto. origin »

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