Crypto Coinfessions ✖️

Bitcoin and Ethereum have seen a decrease in active addresses by 5% and 4% respectively over the last week, although the number of owners has remained relatively stable. Network activity across the board appears to slow down after eventful weeks following the bitcoin spot ETF... Click here to read more

• Do Kwon faces justice over the Terra disaster 💣 • Hong Kong warns unlicensed exchanges • Cathie Wook states Bitcoin is now replacing gold as the store of value 😲 • SK to vote on crypto executive hires • Decentralized social app usage spikes 700% 📱 #DoKwon #Terra #Bi... Click here to read more

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The bears have failed to sink #Bitcoin below the 20-day EMA ($42,463) even after repeated attempts, suggesting that the bulls are fiercely defending the level. Buyers will try to push the price to the $44,000 to $44,700 overhead resistance zone. This remains the key zone for... Click here to read more

#STRAX fell 48% from its 2024 high and is possibly preparing for a retracement upward. January 24th's daily gap at $0.8317 is providing support. This gap has confluence with January 22nd's gap and the midpoint of February 1st's tail. A dip slightly below this support to $0.... Click here to read more

#Polygon announced its Etrog mainnet upgrade for release on February 6. The upgrade will transform the chain to Type 2 zk-EVM, allowing developers to deploy code directly to the chain. #MATIC supply on exchanges has declined in the past three weeks, paving way for Polygon’... Click here to read more

#Chainlink’s large wallet investors are scooping up #LINK tokens after consistent profit-taking in the past two weeks. Four whale wallets have pulled 119,583 LINK tokens from exchanges, early on Monday. LINK price continued its climb, posting nearly 4% gains for the #altc... Click here to read more

#XRP price trades sideways on Monday after yielding 3.66% weekly losses for holders. Following the recent developments in the #SEC vs. #Ripple lawsuit, the next key date is February 12. Legal expert John Deaton notes that Ripple could show an exemption to a vast majority ... Click here to read more

📊 #Crypto market caps increased +0.5% last week despite trading volumes falling -20.3% compared to the previous week. Standout assets include $FLR, $RON, $LINK, $TAO, and $RNDR. #Bitcoin continues to receive less attention as eyes turn to #altcoins pumping. Click here to read more

🗣️ #Sapphire and #OasisNetwork are receiving significant attention, along with the recent bombshell of #LunaClassic. As the weekend comes to a close, keep an eye out for local tops coming in for #Flare, #PythNetwork, and #Gamercoin as well. Click here to read more

#Bitcoin Miner Reserve has decreased to 1.826 million BTC, its lowest point since June 2021. This reduction in reserves suggests that miners are either selling off their Bitcoin holdings or leveraging them to raise capital. The primary use of this capital appears to be for up... Click here to read more

• Nayib Bukele on track to secure a second term as El Salvador’s president 🇸🇻 • Bitcoin spot ETF adoption slowed down by due diligence processes 🐌 • Two school staff in California charged for operating a crypto mining farm 🏫 • Epic Games to list Web3 first-person shoo... Click here to read more

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🔗📈 #Chainlink jumped ahead of the #altcoin pack after some previously inactive wallets created the largest Consumed Age spike (5.38B, calculated by multiplying coins moved by the amount of days those coins remained inactive). This influx of $LINK back into network circulat... Click here to read more

#Bitcoin’s price rallied back this week as fears of over overwhelming GBTC outflows subsided. As our analysis above indicates, GBTC outflows haven’t ceased entirely, but seems to have plateaued to a level so that it is more than offset by flows into the challenger ETFs. Stock... Click here to read more

#AAVE whales have shed their holdings while realizing losses in the past three days. On-chain metrics signal that a decline in AAVE price is likely as exchange supply rose rapidly in the past week. AAVE price yielded nearly 6% weekly losses for holders and slightly recover... Click here to read more