Monthly Archives: January 2023

• St. Maarten has expressed interest in adopting TRON as legal tender. • TRON’s architecture is dispersed into three layers: the Storage Layer, the Application Layer, and the Core Layer. • Decentralization is the focus of the TRON project which facilitates the smooth transfer of money between users. On January 24, Justin Sun, TRON Founder, […]

• The Bitcoin Adjusted Spent Output Profit Ratio (aSOPR) is retesting the historical bull-bear junction. • A successful retest of the 1.0 level could signal a regime shift in the BTC market. • The 7-day EMA value of the metric has sharply risen recently and is approaching the 1.0 level. The Bitcoin Adjusted Spent Output […]

• GALA, the native token of the non-fungible token (NFT) gaming project, has recently seen a significant bullish price action with a 194% rally since late December 2022. • On-chain activity, such as whale activity, has supported the token’s price action and allowed it to push beyond resistance at $0.048. • Data from analytics firm […]

• Arcane Research has issued a warning to Bitcoin and Ethereum investors in light of the current financial distress surrounding Digital Currency Group (DCG), Genesis, and Grayscale. • If DCG goes bankrupt, it could be forced to liquidate its assets which could include its sizable positions in GBTC and unknown positions in ETHE and other […]

• A 25-year-old registered a million-dollar-worth trading company at his parents’ house, successfully trading over $2 billion in Bitcoin and other cryptocurrencies. • The trading desk, PO Street Capital, scored a $7 million profit in 2021 and a 1,400% profit when compared with 2020. • As Bitcoin revisited its all-time high at $20,000 in late […]

• Ethereum (ETH) has seen an increase in price above $1,200 against the US Dollar. • There is a connecting bullish trend line forming with support near $1,200 on the hourly chart of ETH/USD. • Ethereum could gain bullish momentum if there is a clear move above the $1,250 resistance level. The cryptocurrency market has […]

• Digital Currency Group (DCG) and Grayscale are under pressure from the Winklevoss twins and a class action lawsuit to return $900 million in customer funds. • Valkyrie Investments and Fir Tree recently got involved in the dispute, putting more pressure on DCG CEO Barry Silbert. • Grayscale holds a massive amount of Bitcoin, and […]

• Bitcoin price is still facing resistance below $17,000 and could decline heavily if there is a clear move below the $16,000 support zone. • BTC is showing bearish signs below the $16,800 and $17,000 resistance levels and is trading above $16,500 and the 100 hourly simple moving average. • There was a break above […]

• According to the year-end report from Arcane Research, the global markets have all fallen strongly correlated this year. • The “30-day correlations,” an indicator that measures how in-tune Bitcoin has been with another asset in terms of price movement over a 30-day period, has been very high in recent weeks with Ethereum. • Bitcoin […]