๐ Report glassnode:
- The price dynamics of #BTC after the 2022 lows show striking similarities with previous cycles, although they recover somewhat more slowly, but more steadily.
- Most long-term BTC investors are still unwilling to part with their coins at current prices.
- Network activity remains low from an institutional perspective, but the volume of money transferred within the network and to exchanges in particular remains stable and reminiscent of previous bull market cycles.
- The price dynamics of #BTC after the 2022 lows show striking similarities with previous cycles, although they recover somewhat more slowly, but more steadily.
- Most long-term BTC investors are still unwilling to part with their coins at current prices.
- Network activity remains low from an institutional perspective, but the volume of money transferred within the network and to exchanges in particular remains stable and reminiscent of previous bull market cycles.
๐ฐ #TARA Taraxa are launching a $10 million grant program to stimulate the growth of their BlockDAG ecosystem.
cointelegraph.com
cointelegraph.com
๐ค CryptoAttack ๐ฌ๐ง
๐ Powell: Rate cuts will happen, but he's unlikely to have the confidence to do so in March
๐บ๐ธ๐ฃ #macro Neel Kashkari from the Fed: Interest rates, at their highest in about 23 years, are not hurting the economy and may give politicians more time before deciding to cut them.
๐ค CryptoAttack ๐ฌ๐ง
๐ #SOL Since January 16, Solana received pre-orders for 15.3 thousand Saga-2 phones, worth ~$7 million.
๐ฑ๐ #SOL Founder of Solana: "Solana Mobile Chapter 2" has reached 60,000 pre-orders in less than three weeks.
๐ค CryptoAttack ๐ฌ๐ง
๐ฟ๐ #XRP The SEC filed a response in support of its motion to compel. They responded to an objection to provide Ripple with two years of audited financial statements, contracts for the sale or transfer of XRP to โnon-employee counterparties,โ and details ofโฆ
๐ฟ๐จโโ #XRP SEC won a motion to compel Ripple to produce financial statements for 2022-2023, contracts governing institutional sales of XRP after the lawsuit was filed, and answer questions about the amount of revenue it received from institutional sales of XRP.
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๐ฎ Markus Thielen of 10X Research expects #BTC to reach $70,000 by the end of the year.
๐ Kaiko: Kraken had the most volatile spreads in January, rose to 10 bp. January 20th. Spreads on Bitstamp and Coinbase peaked at 6.7 and 1.7, respectively, between January 8 and 13, before falling below 1 bps. last week.
Average bid-ask spread for the most liquid trading pairs #BTC and #ETH ัะฝandะทandะปัั ะฝะฐ ะฑะพะปััandะฝััะฒะต ะฑandัะถ.
Average bid-ask spread for the most liquid trading pairs #BTC and #ETH ัะฝandะทandะปัั ะฝะฐ ะฑะพะปััandะฝััะฒะต ะฑandัะถ.
๐ฆ๐
โโ Vast Bank, the first bank in the US to allow customers to store cryptocurrency, has closed its mobile crypto banking app and announced its intention to exit the cryptocurrency industry. cointelegraph
๐ Messari. SynFutures status in Q4:
- The total trading volume increased by 7.27%;
- TVL increased by 32.81%;
- Protocol income +2.05%
- The total trading volume increased by 7.27%;
- TVL increased by 32.81%;
- Protocol income +2.05%
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๐ #OSMO Messari. Osmosis status in Q3: - The total number of transactions on Osmosis has increased, but the number of swaps and LP actions has decreased; - The annual inflation rate is close to single digits, while circulating supply increased by only 2.8%โฆ
๐ #OSMO Messari. Osmosis status in Q4:
- Circulating market capitalization increased by 399.5%;
- daily active addresses increased by 66.8%;
- trading volume increased by 241.3%
- Circulating market capitalization increased by 399.5%;
- daily active addresses increased by 66.8%;
- trading volume increased by 241.3%
๐ #INDEX Index Coop shared plans for 2024:
- They plan to complete the development of Index Protocol V1, as well as research and launch Index Protocol V2 in the 1st and 2nd quarters of 2024;
- they plan to introduce new and modernized leverage and inverse tokens into the mainnet;
- exploring a range of use cases to improve the INDEX token
- They plan to complete the development of Index Protocol V1, as well as research and launch Index Protocol V2 in the 1st and 2nd quarters of 2024;
- they plan to introduce new and modernized leverage and inverse tokens into the mainnet;
- exploring a range of use cases to improve the INDEX token
๐ #BTC Crypto Quant: MVRV hits two-year high. This means that the market capitalization exceeds the realized capitalization, which leads to increased selling pressure.
Historically this has signaled local top before the start of a strong bull market, causing BTC prices to hit a new all-time high.
Historically this has signaled local top before the start of a strong bull market, causing BTC prices to hit a new all-time high.