As a crypto investor, it’s exciting to see a solo miner defy the odds and mine a Bitcoin block alone, earning the full 3.125 BTC reward. On April 29, software engineer Con Kolivas of ckpool announced that one of their miners had solved Bitcoin’s 282nd solo block in history. With a hash rate of around … Read more
Bearish sentiment around BTC was dominant in the market. Selling pressure on the coin was high. Bitcoin’s price action has been underwhelming recently, with the cryptocurrency failing to break above $64k in the past few days. Bearish sentiment and selling pressure have dominated the market, as evidenced by a drop in Weighted Sentiment and Social … Read more
The United States’ case against crypto mixer Tornado Cash and developer Roman Storm raises concerns from DeFi Education Fund legal chief Amanda Tuminelli. In a series of posts on X, Tuminelli criticized the Department of Justice (DOJ) for what she sees as technical inaccuracies, disregard for privacy, and misapplication of the law. According to Amanda … Read more
The EMAs formed a death cross, indicating that DOGE might drop below $0.12. The 90-day MCA increased, suggesting selling pressure on the coin. On April 27th, Dogecoin [DOGE] tried to reach $0.17 again, but its 4-hour chart indicated strong resistance at $0.15. Consequently, the coin’s price retreated and settled at $0.14 instead. As a Dogecoin … Read more
As a crypto investor, I’ve noticed an interesting development in the Ethereum network lately. Gas fees have dropped to their lowest point in six months, despite Ether (ETH) experiencing a slight rally over the weekend. According to Santiment, this trend could be a sign of an upcoming altcoin rally. The cost of gas transactions on … Read more
Bitcoin formed a smaller range within the range. Bullish conviction has weakened considerably, and selling pressure could soon dominate. Bitcoin has been trading between $73k and $60.7k recently, forming a smaller range. Bullish conviction has weakened significantly, and selling pressure may take over soon. In my earlier analysis for AMBCrypto, I mentioned that bulls needed … Read more