The Bulls Den (News and Edu)

1INCH token updatesNow the token has grown in price and continues to grow after the release of the newsbreak.Many say that on December 31, 1inch will unlock its tokens and there will be a dump. Guys, check the information. All 1inch tokenomics is available.As you can see on the charts, there will be no unlocking of tokens on December 31, as it has already been. Information here:

Here's the analysis of #BICO : #BICO built-up some strong support and resistance zones at $0.257 - $0.265 and $0.351 - $0.360. Price currently, trying to break the structural resistance area of $0.282 - $0.288. If 4H closes above the zone then a scalp trade is possible. Alternately, Breaking the support will open the room for further down-move.

COTI analysis: COTI is trading in the range and seems like accumulation is going on. There is hardfork coming on 29 December and we might see some movement at the event. The next major resistance is the $0.066-$0.0665 area and we may see a possible retest of this zone.

The current spot daily trading volume is less than $10B, down 70% from the beginning of the year. The market volatility dropped to the lowest point. Everyone is looking for some volatility to trade.

CRYPTO WEEKLY MARKET UPDATE 👀 ❗️Is Alibaba Planning To Launch A Metaverse Product? According to a report by the Chinese media outlet DSB, Taobao is conducting final tests before releasing its first metaverse live-streaming product. It is an e-commerce platform owned by Alibaba, If everything goes according to plan, the project should launch online around the upcoming New Year's shopping extravaganza. ❗️Japan to lift the ban on foreign stablecoins like USDT in 2023 Japanese regulators are reconsidering some major cryptocurrency restrictions related to the use of stablecoins like Tether (USDT) or USD Coin (USDC). The Financial Services Agency (FSA) of Japan will lift the ban on the domestic distribution of foreign-issued stablecoins in 2023, local news agency Nikkei reported on Dec. 26. ❗️LINE launches the Finschia blockchain mainnet LINE Tech Plus, a subsidiary of LINE Corporation and manager of crypto and blockchain-related businesses, announced that it has launched “Finschia,” a blockchain mainnet that the company calls third-generation, to help developers more easily manage their programs and support smart contracts. ❗️North Korean hackers stealing NFTs using nearly 500 phishing domains Hackers linked to North Korea’s Lazarus Group are reportedly behind a massive phishing campaign targeting nonfungible token (NFT) investors — utilizing nearly 500 phishing domains to dupe victims. Blockchain security firm SlowMist released a report on Dec. 24, revealing the tactics that North Korean Advanced Persistent Threat (APT) groups have used to part NFT investors from their NFTs, including decoy websites disguised as a variety of NFT-related platforms and projects.

#BAND dropping good from the entered position and now in a good profit around 8.8%. We recommend to book some major partial now and move stops to Breakeven. Market is pretty much ranging, so scalping is good enough for now.

As expected TWT continue the downtrend movement and heading toward the support area. This is the reason we told you to wait for sometime for new entries. You can try small long position at the support zone with tight stop loss.

#DOCK didn't gave a range breakout to the downside and the moved up and testing out the resistance zone. Anticipating a rejection from here, as Volume in #DOCK is drying up, not looking for buys if case of resistance break.

XLM broke the bear flag pattern in downward direction as expected. XLM is now testing the $0.0725-$0.073 support area. Wait for sometime for new entries. A break below the support zone will bring heavy sell-off.

#Bitcoin did try to break below the zone but ended up being a stop hunt. Currently, price is trying to break above the zone and a resistance line too. Still, not enough volume, so expecting a rejection around $17,050 resistance.