#MakerDAO is currently the third biggest #DeFi protocol in the world, holding $8.49 billion worth of assets locked.

The #DAI #stablecoin issuer has a PE ratio of 13, making it a solid investment with a potential of $105 million in profits next year.

Maker price rose by more...

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#Coinbase, over the past eight quarters, has held more assets than the total value locked in the DeFi market.

At the time of writing, Coinbase assets amount to $114 billion, slightly below the DeFi market’s $117 billion TVL.

The exchange’s share price jumped by nearly 50% t...

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A new peak in withdrawals on exchanges is consolidated as a bullish signal for #bitcoin. More than 28,000 bitcoins were withdrawn from major exchanges on Wednesday, marking a savings trend among investors.

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#Bitcoin fell below the 20-day exponential moving average (EMA) ($42,597) on Dec. 29 but continues to trade inside the ascending triangle pattern.

The relative strength index (RSI) has dropped near the midpoint, indicating that the bullish momentum is weakening. Buyers will ...

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#Ethereum #ETH closed above the descending triangle pattern on Dec. 27 and tried to start the next leg of the uptrend on Dec. 28.

However, the bears were in no mood to give up. They sold at $2,445 and pulled the price back below $2,403. The price dropped to the breakout leve...

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#BinanceCoin #BNB nudged above its pattern target of $333 on Dec. 28 but could not sustain the higher levels. This suggests profit-taking by traders.

Now, the BNB/USDT pair could pull back to the 50% Fibonacci retracement level of $300, which will likely act as a strong supp...

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#Solana’s #SOL turned up from the 50% Fibonacci retracement level of $96 on Dec. 29, indicating that the sentiment remains positive and traders are buying on dips.

Both moving averages are sloping up, and the RSI is in the positive territory, indicating that bulls have the e...

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#Ripple #XRP attempted a rally on Dec. 28, but the bulls could not clear the hurdle at the downtrend line.

The price has been trading near the moving averages for the past few days, indicating indecision between the bulls and the bears. The flattish moving averages and the R...

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#Ethereum rapidly surged towards the liquidity zone, but much more appealing values lie below. 🔍

This liquidation levels indicator accurately estimates liquidation regions across 11 exchanges, providing a more comprehensive and precise analysis.

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The bulls pushed #Cardano’s #ADA above the symmetrical triangle pattern on Dec. 28 but could not sustain the higher levels as seen from the long wick on the day’s candlestick.

A minor advantage in favor of the bulls is that they have not allowed the price to break below the ...

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The correction in #Avalanche’s #AVAX has reached the strong support at $38, an important level to keep an eye on.

The bulls will try to defend the $38 support and start a relief rally. If that happens, the AVAX/USDT pair may stay range-bound between $38 and $50 for a while. ...

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#Dogecoin #DOGE has been trading near the 20-day EMA ($0.09) for the past few days, indicating a balance between supply and demand.

The flattish 20-day EMA and the RSI near the midpoint do not give a clear advantage either to the buyers or the sellers. In the near term, the ...

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The pullback in #Polkadot’s #DOT is nearing the breakout level of $7.90, a crucial level to watch out for in the near term.

Although the upsloping moving averages indicate an advantage to buyers, the negative divergence on the RSI suggests that the bullish momentum could be ...

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#Polygon’s #Mantic turned down from $1.09 on Dec. 27 and dipped below the breakout level of $1 on Dec. 29, indicating profit booking by the bulls.

However, lower levels attracted strong buying by the bulls. If the price maintains above $1, the likelihood of a retest of $1.09...

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I marked on the chart 🟠 potential points of market overheating (when the MVRV value is significantly above average), there is currently strong downward pressure on the market, but ETF FOMO is interfering with the price correction.

This is what the downward pressure through ...

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📈Market Overview - Bitcoin price trades below $42K. The top-10 cryptos are traded in red zone:

Avalanche -4.83%
Ethereum -1.07%
Solana +2.84%

Market capitalization: $1.72T (-0.94%)
The BTC dominance: 47.69% (-0.14%)
Fear & Greed Index: 68 (Greed)

#Bitcoin #MarketCapitaliz...

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#AXS, from #AxieInfinity, increased more than 30% in December. So far in December, the AXS token has increased by more than 30%, exceeding $9 per unit.

The security budget is the amount miners earn for securing the network. When this value is high, 51% attacks are expensive and vice versa.

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Bitcoin Spot ETF’s likely approval by the SEC could promote inflow of over $100 million to the securities product in the short term.

Director of Digital Assets Strategy at VanEck says people tend to overestimate the initial impact of Spot Bitcoin ETFs.

Bloomberg ETF analys...

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#Ethereum supply on exchanges hit an all-time low, 8.04% of the asset’s total supply is in exchange wallets.

#ETH price gears up for a recovery alongside rise in active addresses on the Ethereum chain.

ETH price sustains above psychological barrier at $2,000, despite cons...

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There are billions in short positions laying around the $44,000 level.

I think a big #Bitcoin Short squeeze is coming...

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