#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....

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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...

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• 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...

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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...

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#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.
...

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#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.

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🐻 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...

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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...

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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...

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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...

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• 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...

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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 ...

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📉 #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.

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#Aptos price has displayed a bearish start to February, recording lower lows.

#APT could extend the fall 10% to the 50% retracement level at $7.90 as technical indicators lean bearish.

The bearish thesis will be invalidated if the #altcoin records a candlestick close above ...

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#Sandbox price noted a 4.62% weekly decline in its price, SAND price is $0.4330 on Wednesday.

Sandbox has scheduled an unlock of 205.59 million #SAND tokens worth $88.31 million on February 14.

SAND price dropped by 20% in the week following its previous token unlock even...

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#Bitcoin has been trading inside a tight range for the past few days, indicating a tough tussle between the bulls and the bears.

The bulls hold a slight edge as the price has been trading above the 20-day exponential moving average ($42,577) for several days. Buyers will hav...

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#Ethereum #ETH surged above the moving averages on Feb. 6, indicating that the bulls are trying to seize control.

The price has reached the stiff overhead resistance of $2,400. The bears will try to defend this level with all their might because if they fail in their endeavo...

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The bulls have managed to ward off the onslaught from the bears and kept #BNB above the 50-day SMA ($303) in the past few days.

The flattish 20-day EMA ($303) and the RSI near the midpoint do not give a clear advantage either to the bulls or the bears. If buyers kick the pri...

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The bulls are finding it difficult to start a rebound off the 20-day EMA in #Solana #SOL, indicating a lack of demand at higher levels.

The immediate support is at $93. If this level gives way, the SOL/USDT pair risks a fall to the strong support at $80. If the price turns u...

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The bulls are trying to hold #XRP above the $0.50 support, but the weak bounce suggests that the bears have maintained their pressure.

The XRP/USDT pair is likely to sink below $0.50, which could start the next leg of the down move to the solid support at $0.46. This level h...

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The failure of the bulls to push #Cardano #ADA above the 20-day EMA ($0.50) in the past few days increased the selling pressure on Feb. 7.

The ADA/USDT pair could slide to the strong support at $0.46, where buyers are likely to step in. If the price bounces off $0.46 but ret...

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