ETH has rebounded its realized price and its MVRV ratio (light purple line) is on the verge of crossing above the 365-day moving average.
The total number of transactions on the Ethereum network has recovered and is now hovering around the June 2021 all-time high.
The total number of contract calls (interactions between and within smart contracts) also increased to new highs.
However, as a final note, active addresses (user proxies) have not yet been restored.
The total number of transactions on the Ethereum network has recovered and is now hovering around the June 2021 all-time high.
The total number of contract calls (interactions between and within smart contracts) also increased to new highs.
However, as a final note, active addresses (user proxies) have not yet been restored.
👀 Financial Times: Google has invested about $300 million in Anthropic, an artificial intelligence startup that SBF once participated in. ft.com
👀 Pantera Capital co-chief investment officer Joey Krug has stepped down and the company will set up an executive management committee. coindesk.com
👀 Emergent Fidelity Technologies, a subsidiary of SBF, filed for bankruptcy coindesk.com
👀 The value of cryptocurrencies owned by WisdomTree fell to $136 million in the fourth quarter of last year. theblock.com
👀 Michael Saylor: Silvergate is a responsible bank and will continue to work with Silvergate in the future theblock.com
👀 FTX-backed NFT company broke the limit to spend $6.5 million on Super Bowl NFT ads theblock.com
👀 CFTC Chairman: I will try to strengthen the supervision of cryptocurrency transactions coindesk.com
👀 Arthur Hayes: Three Arrows Capital and CoinFlex Proposed New GTX Crypto Exchange Has Completed Funding twitter.com
👀 Several DeFi projects have tweeted pictures of "punching" and big news could be announced next week. twitter.com
👀 EigenLayer, Ethereum's remortgage protocol, is pursuing a $50 million A round of funding with a post-investment valuation of $250 million. theblock.com
👀 The tZero cryptocurrency trading app will stop working on March 6th. twitter.com
👀 Former Moobirds COO Ryan Carson is launching a new Web3 project "Flux". twitter.com
👀 Beijing Municipal People's Government: Accelerate the construction of advanced blockchain computing power platforms and promote the implementation of the National Blockchain Technology Innovation Center. beijing.gov.cn
👀 Bridgewater Dalio: Inflation-linked cryptocurrencies can be useful theblock.com
🤖 CryptoAttack 🇬🇧
🗽🇺🇸 USA. Nonfarm Payrolls (Jan): 517k (prog 185k) - Unemployment rate (Jan): 3.4% (prog 3.6%)
🗽 WSJ: Unusual great job growth in January shows that the Fed's aggressive rate hike has not had a significant cooling effect on the labor market, which could spark a more difficult debate at the central bank about whether it has done enough to curb high inflation.
🤖 CryptoAttack 🇬🇧
🗽🇺🇸 USA. Nonfarm Payrolls (Jan): 517k (prog 185k) - Unemployment rate (Jan): 3.4% (prog 3.6%)
🗽 Yellen: The labor market remains exceptionally strong and inflation continues to decline. Inflation has been declining for six straight months, more than 2.5 percentage points from its peak, as this historic job growth continues. The unemployment rate is 3.4%, the lowest since 1969
👀 The US Senate will hold a hearing on February 14 to discuss the impact of the cryptocurrency market crash cointelegraph.com