$BLUR Faces Bearish Trends Amidst Crypto Market Rally

Despite a week marked by bullish movements across the cryptocurrency market, the native token of the Ethereum-based Non-Fungible Token (NFT) marketplace, $BLUR, failed to capitalize on the rally. Instead, it experienced a downtrend, trading on the downside throughout the week and witnessing a 10% decrease in its value. Today, an on-chain report shed light on significant activity involving a whale or institution holding $DYDX and $BLUR tokens worth US$28.54 million. The entity recharged 1.5 million BLUR to Coinbase, translating to a value of US$1.07 million, just a few hours ago. 两小时前,持有价值 2,854 万美金 $DYDX 和 $BLUR 的巨鲸 / 机构向 #Coinbase

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Aave Faces Bearish Trend Amidst Whale Selling Spree

Aave, the decentralized finance (DeFi) platform, is currently navigating a bearish trend across its various trading timeframes, encountering losses of up to 15% in the past 30 days and struggling to sustain positive momentum over the last 24 hours. On-chain reports reveal a significant player, a giant whale, has entered the scene with a strategy to sell $AAVE for profits. This formidable entity withdrew 236,779 $AAVE ($17.62 million) from Binance at $74.42 in both January and October of 2023. Just a few hours ago, they deposited 36,779 $AAVE ($3.11 million) back into Binance. A giant whale started selling $AAVE for

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Bitcoin Surpasses $42,000 Mark Amidst Market Optimism, But There’s A Catch

Bitcoin surged past the $42,000 mark yesterday, currently trading at $41,800, coinciding with the S&P 500 reaching a new All-Time High.  This has sparked optimism in the crypto community, with expectations that major cryptocurrencies like Bitcoin might “regress to the mean” and align with the performance of equity markets. The cryptocurrency market has notably lagged behind the stock market, particularly after a shift in trends observed since January 17. Santiment data indicates that bitcoin euphoria peaked shortly after the approval of 11 spot ETFs on January 11th. However, on January 17th, a significant correlation broke as Bitcoin declined below $40,000

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Crypto Markets Witness Swift Correction In About $400m Liquidation As Traders Debate About Buy-the-Dip Calls And Bear Market Speculations

In the world of crypto, a rapid descent has unfolded, marking the swiftest drop in four months and prompting mild unease among traders. The correction across markets has triggered a flurry of #buythedip calls, indicating a prevalent eagerness and FOMO (Fear of Missing Out) sentiment as prices hit lows. 📉 #Crypto markets have retraced in a big way, & #Bitcoin’s price has now dropped 9.8% since its top on December 8th. Lower cap #altcoins are showing particularly steep falls, and there is a mix between #buythedip calls vs. those who are speculating that a #bearmarket is looming. pic.twitter.com/rDB0cZze1C — Santiment

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Gold ‘Clearly Turned Bearish’ Says Societe Generale as TD Securities Strategists Expect Further Downside

Gold 'Clearly Turned Bearish' Says Societe Generale as TD Securities Strategists Expect Further DownsideAccording to market analysts, the precious metal gold is officially in a bear market and prices could remain suppressed over the next few weeks. Moreover, while the macroeconomic backdrop has been gloomy, the popular safe haven asset has lost 17.50% in value against the U.S. dollar during the last four months. TD Securities Market Analysts […]

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Bitcoin’s Bearish Prices at the End of 2021 Not Much Different Than 8 Previous Year-End Cycles

Bitcoin's Bearish Prices at the End of 2021 Not Much Different Than 8 Previous Year-End CyclesThe price of bitcoin is down more than 33% from the crypto asset’s all-time high captured about a month ago on November 10. A while back, people expected the price of bitcoin to be extremely bullish during the months of November and December, and many expected a $100K bitcoin price by the year’s end. However, […]

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Cross-Chain Bridges That Connect 5 Different Blockchains to Ethereum

Cross-Chain Bridges That Connect 5 Different Blockchains to EthereumDuring the last few months, cross-chain bridge technology has grown a great deal and users can now swap assets between a myriad of networks. Today, between eight different bridges there’s $7.6 billion total-value locked across these platforms. Cross-Chain Bridges There’s a decent quantity of cross-chain blockchain bridges these days and it has allowed users to […]

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Market Update: Crypto Assets Slowly Gather Gains, Bitcoin Needs Capital Inflow, ADA Jumps 85%

Market Update: Crypto Assets Slowly Gather Gains, Bitcoin Needs Capital Inflow, ADA Jumps 85%Cryptocurrency market prices have improved a great deal since our last market update, as the overall market capitalization of all 5,700+ coins has gained $16 billion since June 14. Most of the top digital assets have remained in a consolidated cycle and a great number of cryptos have been able to hold above their 50-day […]

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