Crypto Coinfessions ✖️

Bitcoin Price Surge Increases Miner Profitability Indicating Market Bottom Difficulty Regression Model and Miner Revenue vs. Yearly Average comparison metrics indicate a market bottom as the hash rate reaches ATH as wrote cryptoslate. Read The Full Article - Source 📰

If the circulating supply of stablecoins does not increase further, the crypto market will enter a bear market again. "The recent short-term increase in the circulating supply of stablecoins has led to an explosive rise in bitcoin prices, but a dead cross may occur again." Source 📰

Some Reasons Why Ethereum Price Will Break The USD 1800 Resistance ETH price is finding support at $1,560 and multiple data points are starting to hint at a potential rally to $1,800 before the end of February. Read The Full Article - Source 📰

Bitcoin Reacts Upward After Moderate Increase In Interest Rates In The United States Of America The announcement of the increase in interest rates and expectations of falling inflation led Bitcoin to recover. Read The Full Article - Source 📰

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Bullish Traders Suffice Their Worst Selloff And Stocks Retrace As Key Fed Meeting Gets Started Bitcoin's fall below $23,000 has caused leveraged traders more than $45 million in losses, while and after 7 interest rate hikes in 2022, uncertainty about the course of monetary policy this year in the US affects financial markets. Read The Full Article - Source 📰

These Four Metrics Explain The Landscape Of The Ethereum Market Accumulation, movements to a higher price and long-term savings are some of the most notable Ethereum data. Read The Full Article - Source 📰

Bitcoin Profit Generosity Will Continue Over The Next Weeks Until These New Supports And Resistances Currently the Bitcoin price is closing weekly above our trend support and well above USD 22282.73 and with a pivot crossing the Chande Krol Stop (CKS) indicator with an approximate value of USD 22250.30; indicating continuity towards the breaking of the next resistances. But, what exactly will happen when Bitcoin hits the death cross (on a weekly basis)? Read The Full Weekly Analysis Here - Source 📰

Hackers take over Azuki’s Twitter account, steal over $750K in less than 30 minutes Azuki, a popular nonfungible token (NFT) project, had its Twitter account compromised on Jan. 27, leading to hackers stealing over $750,000 worth of USD Coin (USDC) by posting a malicious “wallet drainer link” posing as a virtual land mint. Source 📰

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This Cryptocurrency Has Risen 400% In January And Reaches The Top 25 This is Aptos (APT), created by former members of Meta, the former Facebook. Its rise so far in the first month of 2023 already exceeds 400%, going from 3.5 to more than 18 dollars at the time of writing this article. Source 📰

Three Important Bitcoin Facts to Highlight This Week According to reliable sources, the so-called bitcoin crabs and shrimps, with less than 10 BTC, have continued to accumulate and hoard more than 4 million BTC; With the recent rise in the price of bitcoin, 68% of the addresses in the network are currently gaining, records Glassnode; and the average bitcoin transaction amount went from less than $1,000 to $2,000 in early 2023. Source 📰

Bitcoin is at a decision point "We have to wait and see whether the bulls will win this fight or the bears."

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