Crypto Coinfessions ✖️

#Ethereum's fees have persisted at high levels this week, impacting its supply. With over 35,000 ETH burned in the past 7 days, Ethereum maintains its negative net issuance trend that began in early November. Considering #Bitcoin's average block interval over a 14-day window... Click here to read more

#Optimism tests a vital resistance zone between $2.17 and $2.30. In this range, around 27,000 addresses hold more than 45.6 million $OP. Keep an eye on this level because a sustained close above could signal a bullish breakout, potentially propelling $OP towards $2.70. The ... Click here to read more

#Bitcoin has surpassed #Ethereum rates for three consecutive days. The biggest one-day difference in rates in over 5 years. More than $24 million in fees were recorded yesterday. Not bad for a boomer coin. When the #BTC P&L ratio line approaches the green upper limit 🟢, it ... Click here to read more

📈Market Overview - #Bitcoin price trades above $42K. The top-10 cryptos are traded in red zone. Market capitalization: $1.74T (-0.78%). The BTC dominance: 47.37% (+0.07%). Fear & Greed Index: 73 (Greed). Click here to read more

The #Fantom network is witnessing a bullish signal with a steady increase in new addresses, consistently reaching higher highs and higher lows. This upward trend in network growth suggests a growing demand for $FTM. This increase in user interest could soon begin to be refle... Click here to read more

📉 #Crypto experienced its fastest drop in 4 months as markets corrected and caused traders minor concerns. There is a high level of #buythedip calls, which typically means there is a bit of excessive anxiety and #FOMO at these low prices. Great view! If we compare 2021 wit... Click here to read more

Bitcoin held flat on the week despite bumpy trading Sunday evening into Monday morning. Fears about a Senator Warren bill targeting the crypto industry induced +$100M in long perpetual swaps liquidations across exchanges. Bitcoin’s price has recovered from the low point dur... Click here to read more

Liquidation levels for 3 and 6 months for Bitcoin and Ethereum indicate strong volatilities ahead, as a significant amount of liquidity related to Long positions still needs to be liquidated.🔥 The Liquidation Levels is a powerful indicator that aggregates data from 11 excha... Click here to read more

Bitcoin price has consolidated within the weekly supply zone, extending from $40,423 to $47,209 for the past two weeks. The weekly RSI has never reached levels this high without kicking off a raging bull market, analyst notes. BTC is likely giving traders a chance to buy th... Click here to read more

#Cardano #onchain metrics signal #ADA is in a crucial demand zone, once cleared there is no major resistance till $0.8457. Cardano’s transaction volume and active addresses increased since the beginning of the month, alongside the ADA price rally. ADA price yielded nearly 4... Click here to read more

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Dec. 15 Options Data. - 37,000 BTC options are about to expire with a Put Call Ratio of 1.02, a Maxpain point of $42,000 and a notional value of $1.58 billion. 268,000 ETH options are due to expire with a Put Call Ratio of 0.66, a Maxpain point of $2,250 and a notional value... Click here to read more

The SELL📉-Term Holder group is almost entirely in profit, with more than 95% of its holdings showing a cost basis below the current spot price. #Bitcoin This reading is above the long-term +1 standard deviation level for this metric and is again historically associated wit... Click here to read more

#Bitcoin transaction fees outpace #Ethereum, signaling shift in network demand. Bitcoin's surge in transaction fees outshines Ethereum for the first time in a month. Bitcoin on the cusp of historic 9th consecutive week of gains With eight weeks of gains behind it, Bitcoin ... Click here to read more

#Bitcoin is in a delicate region, and holders may begin a selling process⚠️ - #dominandocripto The RHODL Ratio indicator analyzes different age groups of coins to understand how people hold them over time. When coins held for just one week have a much higher value than those... Click here to read more

Network Fees - Sum of total fees spent to use a particular blockchain. This tracks the willingness to spend and demand to use Bitcoin or Ether. Bitcoin fees sustained at high levels along with Ordinals transactions. Ethereum fees also remained high, with the amount fees bei... Click here to read more

#BONK rescues Solana's Saga phone with airdrop 📱. Balaji Srinivasan launches fund to build "Network States" 🏛️. #Crypto exchange #CoinList pays $1.2M settlement 💰. Once high-flying SafeMoon plunges over 50%, files bankruptcy 💥. Venture firm a16z to lobby politicians f... Click here to read more

#BTC is currently at a high risk level🚨 #dominandocripto The majority of leveraged positions are related to large long positions, raising a warning signal. Just as we saw a significant number of shorts in September, marking a price bottom, there are now many longs positio... Click here to read more

AI-focused crypto project #Injective’s market capitalization climbed 254% in the past two months amid hype surrounding GPT4 and #ArtificialIntelligence. INJ price yielded over 85% weekly gains and nearly 8% daily gains to holders. Injective’s three largest wallets have ac... Click here to read more

This week brought a rare spot of good news for crypto. The Fed announced interest rates will remain unchanged for now following a bigger-than-expected cooling in inflation this year. This news triggered a healthy bounce across crypto markets. Bitcoin prices rebounded from w... Click here to read more