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VeChain subverts market expectations, but what does it mean

Source Node: https://ambcrypto.com/vechain-subverts-market-expectations-but-what-does-it-mean/
Time Stamp: November 18, 2021 6:30 AM - Modified On: November 18, 2021 - Published By:
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Until a few weeks ago, VeChain’s price, amid anticipation for POA 2.0 Phase 1, seemed to register an independent rally. On 16 November, as VeChain’s first phase of the Proof of Authority (PoA) 2.0 SURFACE consensus algorithm went live, the market expected a similar upswing in price. However, exposed by the broader market’s weakness, VET had some other plans.  Opposite expectations  The latest consensus mechanism upgrade is set to improve several aspects of the network’s security and key operations. It will also make the blockchain more environment-friendly. Notably, a week

Ethereum, Shiba Inu, VeChain Price Analysis: 18 November

Source Node: https://ambcrypto.com/ethereum-shiba-inu-vechain-price-analysis-18-november/
Time Stamp: November 18, 2021 5:30 AM - Modified On: November 18, 2021 - Published By:
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After a bullish rally in October and early November, last week saw a significant correction for most cryptos. Ethereum and Vechain registered double-digit losses over the past week. On the other hand, Shiba Inu has been on a steady downtrend for the past three weeks. Accordingly, near-term technicals for all the aforestated cryptos undeniably reflect a bearish bias. Ethereum (ETH) Source: TradingView, ETH/USDT Ether heightened in a slope between two parallel channels over the past seven weeks. The largest altcoin performed well after registering a 61% ROI from 22 September

Binance.US to list Avalanche after yet another recent ATH

Source Node: https://ambcrypto.com/binance-us-to-list-avalanche-after-yet-another-recent-ath/
Time Stamp: November 18, 2021 4:30 AM - Modified On: November 18, 2021 - Published By:
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Binance.US has announced that it will now list Avalanche (AVAX) and soon allow deposits for trading. Open trading on AVAX/USD and AVAX/USDT pairs is set to commence on 18 November, as per a notice released by the exchange. This development comes after Binance.com listed AVAX last year. And, just last month, the exchange had announced that it will support the Avalanche (AVAX) network upgrade. The project has seen a lot of traction lately. While it was priced at $3.4 at the start of the year, AVAX has grown by a

Is Litecoin becoming the hub of FOMO among the older cryptos

Source Node: https://ambcrypto.com/is-litecoin-becoming-the-hub-of-fomo-among-the-older-cryptos/
Time Stamp: November 18, 2021 3:30 AM - Modified On: November 18, 2021 - Published By:
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When AMCTheatres enabled the option to pay in cryptos, Litecoin registered a decent hike. The reasoning seemed genuine and even additional metrics pointed out that it was probably an organic rise in the short term. However, on further research, it appeared that Litecoin has begun following a pattern. One where it goes up by a significant margin, sits there for a while, and then drops back down, canceling all or most of the growth. An example of the same can be found on the chart itself. For better reference, occurrences

COMP’s incentive crisis and what lies ahead for alt’s price

Source Node: https://ambcrypto.com/comps-incentive-crisis-and-what-lies-ahead-for-alts-price/
Time Stamp: November 17, 2021 6:00 AM - Modified On: November 17, 2021 - Published By:
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Republished By Plato

The DeFi space has accelerated at a pretty good pace of late, despite some setbacks in the first half of the year. In 2021 alone, the ecosystem reported a growth rate of over 20x. A lot of upcoming protocols like Abracadabra have made star entries recently too. Even so, platforms like Maker, Aave, and Compound are ruling the roost, still maintaining their spot in the top five in terms of total value locked.  Maker and Aave have had their fair share of price pumps over the last couple of months. However,

VeChain prepares for much-awaited hard fork after exchanges announce support

Source Node: https://ambcrypto.com/vechain-prepares-for-much-awaited-hard-fork-after-exchanges-announce-support/
Time Stamp: November 16, 2021 2:25 AM - Modified On: November 16, 2021 - Published By:
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It might be a slow day for the crypto-market, but one blockchain community is gearing up for a major upgrade. One that has been in the works for some time now. Not chained to the past Several exchanges have announced that they will be supporting the VeChain [VET] network upgrade and hard fork. This is due to take place today, on 16 November, at around 8:00 UTC or a block height of 10,653,500. The upgrade is part of VeChainThor v1.6.0, which activated POA2.0 Phase 1 on the blockchain’s testnet on

Here’s how crypto-market’s 24/7 trading is setting an example

Source Node: https://ambcrypto.com/heres-how-crypto-markets-24-7-trading-is-setting-an-example/
Time Stamp: November 15, 2021 9:30 PM - Modified On: November 15, 2021 - Published By:
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The past couple of years have witnessed the continued growth of institutional investments flowing into the cryptocurrency market. It includes not only hedge funds and family offices but even pension funds and conservative custody banks parking their funds here. Naturally, this has led to the entangling of traditional and crypto finance, with the latter having profound effects on stock and currency markets. These include the trading times that these markets follow. While cryptocurrency exchanges operate non-stop, traditional exchanges operate only during specific days and time frames. This could change in

Do Bitcoin and other cryptos have any added advantages over equities

Source Node: https://ambcrypto.com/do-bitcoin-and-other-cryptos-have-any-added-advantages-over-equities/
Time Stamp: November 15, 2021 8:30 PM - Modified On: November 15, 2021 - Published By:
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Bitcoin has shot up in price at the start of the week following a major upgrade to its network. Even the rejection of a spot bitcoin ETF by the SEC appears to have done little to damage bitcoin’s price prospects. At press time, the token, post some correction was trading at the $65.8k mark. Nonetheless, what’s the projected price mark for the largest cryptocurrency. Gareth Soloway, the chief market strategist at stock technical guidance platform InTheMoneyStocks.com believes that the token still had some room to left to record a fresh

Here’s how Cardano can break away from its bearish shackles

Source Node: https://ambcrypto.com/heres-how-cardano-can-break-away-from-its-bearish-shackles/
Time Stamp: November 15, 2021 6:30 PM - Modified On: November 15, 2021 - Published By:
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Cardano has been in a constant downtrend since early-September and has struggled to recover lost ground even during broader market rallies. The last rally was observed between 5-10 November, although bulls were unable to clear the 38.2% Fibonacci level. Over the near-term, ADA could continue its consolidation and expect traders to shift back to long positions once ADA closes above $2.30. At the time of writing, ADA traded at $2.06, up by 1.2% over the last 24 hours. Cardano Daily Chart Source: ADA/USD, TradingView A look at ADA’s On Balance

‘Properties like Ethereum, Algorand are gonna go up’ because…

Source Node: https://ambcrypto.com/properties-like-ethereum-algorand-are-gonna-go-up-because/
Time Stamp: November 14, 2021 9:30 PM - Modified On: November 14, 2021 - Published By:
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The market **is** choosing — Bitcoin and other cryptocurrencies — over paper money, with which governments are conducting a very dangerous experiment. Although, here’s another common scenario. Buying Bitcoin is better than putting their money into traditional assets like stocks, bonds and gold. This renowned hedge fund manager recently discussed the same in a CNBC interview – although incorporated a different scenario to this discussion. Anthony Scaramucci, a former White House Communications Director expects Bitcoin (BTC), Ethereum (ETH) and Algorand (ALGO) to serve gold’s role as the superior inflationary hedge.

What if Bitcoin Taproot follows SegWit’s path of adoption

Source Node: https://ambcrypto.com/what-if-bitcoin-taproot-follows-segwits-path-of-adoption/
Time Stamp: November 14, 2021 6:30 PM - Modified On: November 14, 2021 - Published By:
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Bitcoin Taproot is finally live, a network upgrade that has been four years in the making. It was first put forward by Greg Maxwell, cryptographer and developer, in 2018 after SegWit was implemented on 24 August 2017. SegWit was the first major BTC soft fork update, which wasn’t taken all too well by the community. Now, four years later, the ecosystem has another update in store to improve the privacy, scalability, and security of the network. In this article, we will try to draw a possible adoption roadmap for Taproot