Crypto Coinfessions ✖️

📉 #Bitcoin wallets (with 0+ coins) are still shrinking as #crypto approaches 4 weeks since #SEC's 11 Spot #ETF approvals. This can be attributed to the #FUD crowd and lower interest in direct ownership of $BTC due to other investment alternatives. Click here to read more

Data shows that the #ETH futures premium stabilized at 7% on Feb. 6, remaining below the neutral threshold but showing a modest improvement from two days prior. Essentially, there has been a balanced demand for leverage longs (buy) and shorts (sell) during the past week. As ... Click here to read more

• Solana faces a major network outage 🆘 • Bitcoin mining company expands despite upcoming challenge 📈 • MicroStrategy continues buying Bitcoin while the price is stuck 💰 • New token airdrops $400 million after mainnet launch 🎉 • Execs allegedly pull $800M+ crypto exit... Click here to read more

Digital asset spot volumes continued to rise in January. In January, the spot trading volumes on centralised exchanges rose 4.45% to $1.40tn, recording the fourth consecutive increase in monthly spot trading volumes. The last time the digital asset sector experienced a simila... Click here to read more

In Q4 2023, the #Cosmos Hub witnessed significant advancements in its tokenomics, marked by a reduction in #ATOM's inflation from 14% to 10% and the implementation of fee burning akin to EIP-1559, culminating in the AtomOne fork stemming from the Tokenomics RFP and ATOM 2.0 p... Click here to read more

When #Google searches for #Bitcoin spike, they often signal price tops, reflecting the impact of news and speculation📈 Recently, Google Trends showed a decline after a specific surge. This highlights the fascinating connection between sentiment analysis and movements in the... Click here to read more

🐻 With #crypto market caps fluctuating and without the usual growth that traders are accustomed to since the start of the #bull cycle in October, there is a notable #bearish sentiment that has taken over the #crypto discourse this week. #Bitcoin, #Ethereum, #BinanceCoin, #X... Click here to read more

#ETF funds bought more than 150 thousand BTC, but no one mentions that this does not impact the market because there are more people willing to sell #BTC than purchases by the funds. Total 30-day sales on #Coinbase Prime exceed purchases by 6.5K BTC. Click here to read more

#Render price is on a steep load-shedding exercise after a rejection from the late December highs. #RNDR could extend the fall by 13% to the 61.8% Fibonacci retracement if the 50-day SMA at $4.26 fails to hold. A higher high above $5.28 would invalidate the bearish thesis. ... Click here to read more

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