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.

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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.

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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 📰

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.

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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.

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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.

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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.

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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."

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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.

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Bitcoin Price Could Touch $20,000 Again Depending On USA CPI

The Fed will not save the US from recession by raising interest rates, and risk assets will suffer, warns Michaël van de Poppe.

Source 📰 - by Cointelegraph

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BTC Long-Term HODLers Hit All-Time High As Bitcoiners Refuse To Sell

Bitcoin, which was last active over five years ago, has reached an all-time high of 28% supply of the total available Bitcoin. The 5+ year supply has seen consistent growth since records began in 2014. However, between 2016 and 2018, and 2020 and 2021, the supply plateaued somewhat. Since mid-2021, the 5+ year supply has expanded rapidly.

Source 📰 - by Cryptoslate

NFT Market Shows Signs Of Recovery As January Trading Volumes Hit 7-Month High

January was strong for both Ethereum and Solana, which saw trading volumes of $659 million and $85 million, respectively.

February is showing signs of continued strength as well — at least so far. As of February 3, the Ethereum blockchain had $26.5 million sales across more than 25,500 unique buyers, according to CryptoSlam data.

Source 📰 - by Techcrunch

The current Bitcoin drawdown mirrors that of 2017-2018 — Source

Last Year's Cryptocurrency Crisis Will Make Them Stronger In 2023

Fidelity Digital Assets presented the 2023 Look Ahead report on Friday, January 24, in which it addresses the main developments in the bitcoin and cryptocurrency industry in 2022, as well as presents the outlook for the sector in 2023.

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CME’s ETH futures basis has grown in the last few weeks and now sits at similar levels to that of BTC — link

CME’s BTC options contracts rose 214% in January to 8,452 contracts traded, reaching $851m. The largest number of options traded in over a year — link

Around this time in the past (70% of the way through the halving cycle) has also concurrently been near the bottom for the respective price cycle as well. The current estimate for the third halving is April 2024 — link

Until the next expiration of the Bitcoin futures contracts it could touch USD 25k as the next resistance.

For now the expectation is of a positive feeling but with weakness. That is shown by the RSI, wanting to step on 47 points.

Pay attention to the support of USD 20363.55 as primary support.

Evident death cross between the EMA200 and the EMA50, weekly. - By rubikkav

Bitcoin And Ethereum Address Momentum Shows Significant Divergence

Glassnode data analyzed by CryptoSlate shows that new address momentum metrics of Bitcoin (BTC) and Ethereum (ETH) reflect that the BTC network is growing while the sentiment on the ETH network is the opposite.

Read The Full Article - Source 📰 - by Rubikkav

Bitcoin Price Taps 3-Week Lows As SEC Fears Liquidate $250M Of Crypto Longs

On-Chain College, a contributor at analytics platform CryptoQuant, noted that these included $24.3 million in a single hourly candle — the most since the FTX crash in early November 2022.

Source 📰 - by Fxstreet