Crypto Push

2024-01-14 21:00:13 Will Bitcoin crash to $34k? Here’s what the data suggests

How Bitcoin plummeted under $43,000
AMBCrypto had earlier reported how the price of the king coin had plummeted a few days after the ETF approval. To be precise, BTC went down by over 7% within a 24-hour timeframe.

Are investors buying BTC?
To check the larger market trend, AMBCrypto took a look at Bitcoin’s metrics. Our analysis of CryptoQuant’s data revealed that BTC’s exchange reserve was increasing, meaning the selling pressure was high at press time. Open / Comment

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2024-01-11 17:00:15 BNB vs Polygon: Which network takes the cake with high user activity

BNB chain and Polygon see over 1 billion transactions
Coin 98 Analytics released data on the transaction volumes of popular networks in 2023. The findings revealed that the BNB chain and Polygon secured third and fourth positions among the 17 networks analyzed.

Polygon and BNB chain end the year on a high
An examination of transaction trends on the BNB Chain and Polygon showed a similar pattern. The pattern observed was that these networks recorded their highest number of daily transactions in 2023.

Did the transaction impact volume and TVL?
An examination of the transaction volume and Total Value Locked (TVL) for the BNB Chain and Polygon revealed that the increased transaction activity did not yield significant impacts. Open / Comment

2024-01-08 15:30:48 SHIB prices fall by 25% – Should you buy the dip?

The 50% retracement level could be hotly contested
The market structure of SHIB was firmly bearish. The RSI also fell below neutral 50 to reflect downward momentum.

The supply on exchanges saw a steady drop
The supply on exchanges metric trended higher in October and the first half of November. Thereafter, it has fallen. This showed increased SHIB accumulation. The mean coin age also reversed its downtrend in the past month.

This was a strong signal of a high volume of SHIB token movement and pointed toward the likelihood of a wave of selling. Another, smaller wave could be imminent. Open / Comment

2024-01-05 18:00:55 Digital asset inflows soar to record highs as BTC, SOL take center stage

Inflows hit a record high in 2023
Recent data from Coinshares showed that in 2023, digital assets experienced the third-highest volume of funds inflow. The report indicates a total inflow of $2.25 billion for digital asset products.

Bitcoin and Solana lead inflow volume
Bitcoin witnessed a substantial influx of $1.9 billion, constituting 87% of the total flows. Additionally, Solana experienced the second-highest inflow for the year, with total inflows reaching US$167 million, accounting for 20% of the Assets under Management.

How Bitcoin and Solana have trended so far
Examining the daily timeframe chart of Bitcoin showed that since reaching the $40,000 price level, it has sustained that position despite some fluctuations. Open / Comment

2024-01-02 19:01:24 Ripple begins 2024 with 1 bln ritual unlock: How about XRP?

Another year, another unlock
At press time, the value of the total tokens unlocked was $611.42 million. For the uninitiated, Ripple unlocks these tokens as a strategy to stabilize the XRP price.

Steady lads, bulls need to deploy capital
At press time, the RSI reading was 44.93. But XRP would need the RSI to rise above the 50.00 midpoint to confirm the reversal. If this happens, then XRP could be on its way to hitting $0.65. Open / Comment

2023-12-30 14:00:53 What Bitcoin’s 2024 predictions say about the king coin’s prices

Bitcoin miners move away?
The Miner to Exchange Flow metric measures the amount of BTC that is flowing from miners to exchanges. When this metric rallies, miners sell more BTC than they are mining.

This is a sign that miners are bearish on the price of BTC and are mostly interested in selling their holdings.

Also, BTC’s Miner Reserve, which measures the number of coins held in affiliated miners’ wallets, confirmed coin exits from miners’ wallets within the period under review.

The last time this metric was close to such high levels was during the bull market in 2021, when 95% of all UTXOs were held in profit. Open / Comment

2023-12-27 20:00:31 Optimism, Arbitrum and how 2023 was the year of the L2s

2023 saw increased L2 usage
Ethereum’s transition from a proof-of-work (PoW) to a proof-of-stake (PoS) consensus mechanism – “Merge” – in September 2022 propelled the demand for the network.

Base’s not-so-brief stint at the top of the world
In August, the launch of Base, Coinbase’s scaling solution built on Ethereum, onboarded a new cohort of users into the L2 ecosystem. Less than a month after Base launched, user activity on the network surpassed that of already-existing protocols such as Arbitrum and Optimism [OP].

User activity on Optimism and Arbitrum in December
The last month of the year saw an uptick in user activity on Optimism. According to data from Etherscan, daily transaction count grew by 40%. Open / Comment

2023-12-25 15:02:02 xChief Grand "Golden Whale" Contest

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Prize fund $5000
20 prize winners
Any trading strategies and robots/EA allowed
Prize money can be withdrawn immediately and without limit
Participation in the contest can be stopped any time with the funds saved


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st place = $1000
nd place = $750
rd place = $500
from th to th place = $250
from th to th place = $100

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Contest registration link:
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English xChief community:
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2023-12-24 21:00:18 FUD around DYDX rises: Should you be concerned?

FUD around DYDX is rising!
Santiment recently posted a tweet highlighting the behavior of a few cryptos. As per the tweet, DYDX and several other coins had witnessed a substantial rise in negative sentiment.

Is DYDX expecting a price correction?
Since the increase of its FUD, AMBCrypto checked the token’s supply to see whether there was a sell-off. Our analysis found that investors were still buying the token. Open / Comment