2023-02-03 (FRIDAY)
BITCOIN (BTC)
Current Price: $ 23,904 (24h Changes: 1.84 %)
Current Market Cap: $ 460,677,953,786 (24h Changes: 1.52 %)
Positive News
If expectations become true, massive Bitcoin rally on the horizon – Experts take
Source: CryptoNewsFlash
Date: Thu, 02 Feb 2023 14:38:54
Bitcoin is showing strength on the technical chart setup and any breakout above $23,300 could push it further to $25,000.
Bitcoin, S&P 500 almost hit golden cross as bullish trend grows
Source: Crypto news
Date: Thu, 02 Feb 2023 14:25:34
As we enter the second month in Q1 2023, bitcoin investors and Wall Street could have a reason to smile as both asset’s charts are closing in on the bullish trend.
Bitcoin rises above $24,000, extending its new year rally amid a broader gain in tech stocks
Source: CNBC
Date: Thu, 02 Feb 2023 14:13:14
Bitcoin climbed above the $24,000 level on Thursday, reaching a key technical level and building on its January rally.
Neutral News
Bitcoin Price Prediction for February 2023: It seems that 30K is inevitable
Source: CryptoTicker
Date: Thu, 02 Feb 2023 14:05:00
Can the Bitcoin breakout and price explosion come in the next few days? Here’s a Bitcoin price prediction for February 2023.
Podcast: How Bitcoin Reacted to the Fed’s Smaller Interest Rate Hike
Source: CoinMarketCap
Date: Thu, 02 Feb 2023 13:16:19
On today’s CoinMarketRecap with Connor Sephton, the Federal Reserve increases interest rates yet again — we’ll find out how Bitcoin reacted.
Billionaire Ray Dalio Wants to See an Inflation-Linked Digital Currency but Says Bitcoin Is Not It
Source: CryptoGlobe
Date: Thu, 02 Feb 2023 12:43:07
On Thursday (2 February 2023), billionaire investor Ray Dalio was interviewed by Andrew Ross Sorkin, co-anchor of CNBC’s Squawk Box. During the interview, Dalio shared his views on crypto in general and Bitcoin in particular. Dalio is the founder, co-chairman, and co-chief investment officer of Bridgewater Associates.
Negative News
Bitcoin Will Not Be an Effective Money, Says Ray Dalio
Source: CryptoPotato
Date: Thu, 02 Feb 2023 13:57:33
Ray Dalio provides his take on what a better alternative money would be to fiat currencies, which are debasing worldwide.
Elon Musk’s Tesla Incurs $204 Million Loss from Bitcoin Investment in 2022
Source: Dailycoin
Date: Thu, 02 Feb 2023 13:45:04
Tesla’s $204M Bitcoin loss and Elon Musk’s involvement offer insights into the future of digital currencies.
Ethereum continues to underperform while majority of L1s outperform BTC
Source: CryptoSlate
Date: Thu, 02 Feb 2023 13:03:17
The L1 Native Token Returns vs. BTC highlight the relative price performance of large L1 native tokens versus bitcoin.
ETHEREUM (ETH)
Current Price: $ 1,682.07 (24h Changes: 3.37 %)
Current Market Cap: $ 202,576,686,496 (24h Changes: 3.09 %)
Positive News
Research: Asia, EU, US are bullish on Bitcoin, Ethereum
Source: CryptoSlate
Date: Thu, 02 Feb 2023 14:00:20
Glassnode data analyzed by CryptoSlate analysts shows that Asia, the United States, and the EU have been bullish on Bitcoin (BTC) and Ethereum (ETH) since late January.
Ethereum (ETH) price is aiming for $1,800 in February — Here is why
Source: Cointelegraph
Date: Thu, 02 Feb 2023 13:31:58
ETH price is finding support at $1,560 and multiple data points are beginning to hint at a possible rally to $1,800 before the end of February.
January NFT data wrap: ETH volumes rise nearly 50% as BAYC leads blue-chip brand expansion
Source: The Block
Date: Thu, 02 Feb 2023 12:40:32
NFT trading volumes rose in January, painting a more optimistic picture as the year kicks off.
Neutral News
Alameda Research Ethereum Wallet Receives a Mysterious Influx of Funds
Source: BeInCrypto
Date: Thu, 02 Feb 2023 08:16:32
An Ethereum wallet belonging to the bankrupt Alameda Research received $6 million worth of Tether and $4.5 million worth of USD Coin from unknown entities, totaling $10.5 million in 24 hours. The wallet holds $183 million in various altcoins and $26 million in ether, with the largest holding being $54 million worth of BitDAO tokens.
Ethereum (ETH) Bulls Weaken As Profit-Taking Intensifies
Source: CoinPedia
Date: Thu, 02 Feb 2023 06:15:31
The largest altcoin, Ethereum (ETH), saw a rally of over 30% during the first month of January. As a result, Ethereum opened February with a 10% increase and is currently trading around $1,666. On-chain data suggests that a significant number of ETH holders have been taking profits after a tumultuous 2022.
Bitcoin, Ethereum, Cardano value Analyses
Source: The Cryptonomist
Date: Thu, 02 Feb 2023 05:55:24
The Fear and Greed Index is 60 Greed and is -4 from yesterday’s reading of 56 Greed
Negative News
Ethereum continues to underperform while majority of L1s outperform BTC
Source: CryptoSlate
Date: Thu, 02 Feb 2023 13:03:17
The L1 Native Token Returns vs. BTC highlight the relative price performance of large L1 native tokens versus bitcoin.
BINANCE (BNB)
Current Price: $ 329.87 (24h Changes: 4.39 %)
Current Market Cap: $ 44,455,754,650 (24h Changes: 4.41 %)
Positive News
Binance Coin breaks above $320 with conviction; where to next?
Source: AMBCrypto
Date: Thu, 02 Feb 2023 09:30:55
Binance Coin [BNB] beat the 12-hour bearish order block near $316 after two weeks of struggle. In late November 2022 and since mid-January 2023, the $315 zone presented stiff resistance to BNB bulls.
Binance’s BNB Chain releases new standard BNB Greenfield in Web3 data ownership and utility – Report
Source: CryptoNewsFlash
Date: Thu, 02 Feb 2023 05:31:31
BNB Chain has released its cloud data protocol dubbed BNB Greenfield.
Explained: BNB Greenfield, Decentralized Storage infrastructure for the New Data Economy
Source: Cryptopolitan
Date: Thu, 02 Feb 2023 03:37:50
The BNB Greenfield sidechain outlines the decentralized storage infrastructure and how it will be used within the broader BNB Chain ecosystem. This guide describes how users, businesses, developers, and dApps can use the platform to create, store and exchange data with full ownership to form a new data economy.
Negative News
BNB Chain and Fellaz Team Up to Bring NFT Ticketing to Ultra Music Festival in Abu Dhabi
Source: CryptoNewsFlash
Date: Thu, 02 Feb 2023 07:18:25
Abu Dhabi, UAE, 2nd February, 2023, Chainwire A major step forward in using mainstream blockchain technology in the entertainment industry, offering a secure and convenient way for music fans to buy and manage tickets BNB Chain, the world’s largest smart contract blockchain in terms of daily active users, and Fellaz, a leading Web3 entertainment ecosystem,
CARDANO (ADA)
Current Price: $ 0.4 (24h Changes: 3.86 %)
Current Market Cap: $ 14,242,021,373 (24h Changes: 3.14 %)
Positive News
Cardano: the new Djed stablecoin is finally here
Source: The Cryptonomist
Date: Thu, 02 Feb 2023 09:57:50
The launch went well, but for now it is only available on one minor exchange and three DEXs
Cardano-Based Djed Stablecoin Attracts Over $27M ADA As Reserve
Source: Crypto Daily
Date: Thu, 02 Feb 2023 08:30:00
The Cardano-based Djed stablecoin (DJED) has attracted over 27 million ADA tokens as reserves in less than a day after its launch. Djed went live on Tuesday and had a collateral backing ratio of 600% at the time of writing.
This is When Cardano (ADA) Price May Ignite a Bull Run and Rise Beyond $1!
Source: CoinPedia
Date: Thu, 02 Feb 2023 07:54:50
Cardano is enjoying a bull ride as the market sentiments flip significantly soon after the launch of its algorithmic stablecoin Djed in collaboration with COTI. Soon after the launch, the reserves swelled to over 28 million in ADA with a reserve ratio of 636%. Moreover, the fresh FOMC interest rates ignited a significant rally beyond $0.
Neutral News
Bitcoin, Ethereum, Cardano value Analyses
Source: The Cryptonomist
Date: Thu, 02 Feb 2023 05:55:24
The Fear and Greed Index is 60 Greed and is -4 from yesterday’s reading of 56 Greed
Cardano Gives In But Challenges Resistance At $0.40
Source: Coin Idol
Date: Thu, 02 Feb 2023 05:36:00
The price of Cardano (ADA) has remained within the bullish trend zone. The uptrend has reached a high of $0.40.
Ripple, XDC Network, and cardano are three altcoins that are non-correlated to bitcoin
Source: Crypto news
Date: Thu, 02 Feb 2023 03:32:41
We will explore the potential benefits of investing in these three non-correlated altcoins in Ripple (XRP), XDC Network, and cardano (ADA).
RIPPLE (XRP)
Current Price: $ 0.41 (24h Changes: 0.8 %)
Current Market Cap: $ 21,109,026,107 (24h Changes: 0.49 %)
Positive News
Ripple price analysis: XRP rallies to $0.4166, after a massive gain
Source: Cryptopolitan
Date: Thu, 02 Feb 2023 14:21:28
The Ripple price analysis has rallied high today as bulls continue to dominate the price function. The Ripple price analysis shows that XRP is on an upwards trend again today, as XRP/USD has gained significant value over the past 24 hours, rising from $0.40 to $0.41, which is quite an achievement for the coin.
Ripple Seeking Blockchain Engineer for CBDC-Related Projects
Source: UToday
Date: Thu, 02 Feb 2023 14:08:00
The new hire will be responsible for designing and building prototype software solutions on top of the private Ripple CBDC Ledger (XRPL technology).
Ripple Says It’s More Confident Than Ever Ahead of Highly Anticipated SEC-XRP Ruling
Source: The Daily Hodl
Date: Thu, 02 Feb 2023 12:55:47
Ripple is issuing an update on the lawsuit filed by the U.S. Securities and Exchange Commission alleging that the payments company sold XRP as an unregistered security. In its 2022 fourth quarter report, Ripple says that it expects a ruling this year and is “more confident” than ever ahead of the judgment to be made.
Neutral News
XRP Whales Are Back. So is the Ripple Buyback Narrative.
Source: Dailycoin
Date: Thu, 02 Feb 2023 14:00:35
The controversial Ripple Buyback Theory returns as whales increase their XRP shares.
‘Relist XRP’ popular Twitter, LBRY finds support
Source: Crypto news
Date: Thu, 02 Feb 2023 11:54:40
Ripple vs. SEC lawsuit has become interesting after the latest LBRY vs. SEC lawsuit hearing on Jan. 30.
Hundreds of Millions of XRP Sent From Ripple, Binance, After Locking 700 Back in Escrow
Source: UToday
Date: Thu, 02 Feb 2023 07:36:00
After that, prominent crypto tracking platform Whale Alert detected several major XRP transactions from anonymous wallets, two of which carried more than 400 million tokens. In total, these wallets moved more than half a billion XRP.
SOLANA (SOL)
Current Price: $ 25.14 (24h Changes: 2.83 %)
Current Market Cap: $ 9,356,540,383 (24h Changes: 2.71 %)
Positive News
Solana (SOL) Price Borders $25 – Community Optimism or Fed Action?
Source: Dailycoin
Date: Thu, 02 Feb 2023 11:15:28
The price of Solana (SOL) has increased by 7% in the last 24 hours, thanks to various contributing developments.
Solana Price Prediction as SOL More Than Doubles from Recent Bottom – Can SOL Reach $1,000 in 2023?
Source: Cryptonews
Date: Thu, 02 Feb 2023 07:00:00
Solana, the world’s 12th largest cryptocurrency boasting $9.2 billion in market capitalization, has continued to turn heads with its exemplary performance since late December. Although the launch of BONK Inu (BONK) the first meme coin on the Solana blockchain ignited the rally, SOL has been able to sustain it for nearly six weeks. Solana price now trades at $25.00 after a 6.3% increase in 24 hours.
Source: The Daily Hodl
Date: Thu, 02 Feb 2023 03:04:16
A popular crypto strategist says Bitcoin (BTC) and two Ethereum (ETH) rivals, Solana (SOL) and Fantom (FTM), have more room to run. Pseudonymous analyst Altcoin Sherpa tells his 190,500 Twitter followers that Bitcoin is likely to surge at least 25% from its $24,007 value at time of writing.
Negative News
Solana-based Everlend shutters operations amid shrinking lending market
Source: CryptoSlate
Date: Thu, 02 Feb 2023 11:45:18
Decentralized finance (DeFi) lender Everlend Finance shut down its operations on February 1, citing the liquidity crunch in the lending market.
Solana DeFi protocol Everlend shuts down over liquidity issues
Source: Cointelegraph
Date: Thu, 02 Feb 2023 11:30:00
With FTX’s ripple effect on market liquidity, Everlend is closing its doors and urging clients to withdraw funds.
Solana-based DeFi platform Everlend Finance shuts down
Source: Crypto news
Date: Thu, 02 Feb 2023 09:30:41
Everlend Finance, a Ukrainian DeFi lending aggregator on the Solana blockchain, has shut down its front-end app due to shrinking liquidity in the market.
AVALANCHE (AVAX)
Current Price: $ 22.1 (24h Changes: 9.13 %)
Current Market Cap: $ 6,951,644,389 (24h Changes: 9.25 %)
Positive News
Biggest Movers: AVAX Hits Highest Point Since August, Following 17% Jump
Source: Bitcoin
Date: Thu, 02 Feb 2023 11:30:46
Avalanche moved to its highest point since August, as the token rose by as much as 17% in today’s session. Cryptocurrencies surged across the board, following the latest Federal Reserve rate hike, with the global market cap 4.29% higher as of writing this.
First Mover Americas: Network Update Lifts AVAX
Source: Coindesk
Date: Thu, 02 Feb 2023 08:49:21
The latest price moves in bitcoin (BTC) and crypto markets in context for Feb. 2, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Avalanche (AVAX) Jumps 15% as New Network Upgrade Is Released, Here’s What Has Changed
Source: UToday
Date: Thu, 02 Feb 2023 04:55:00
Avalanche (AVAX), a proof-of-stake (PoS) Layer 1 blockchain protocol has seen its price jump by 15.33% to $21.93 at the time of writing, complementing the asset’s positive close in January. The growth is likely predicated on the release of a new protocol update that directly makes life easier for validators.
Negative News
Avalanche ‘bull trap’ risks pushing AVAX price down by 30% in February
Source: Cointelegraph
Date: Thu, 02 Feb 2023 11:07:13
The price of AVAX has more than doubled in 2023 but a growing divergence between several key metrics hints at a bearish reversal ahead.
COSMOS (ATOM)
Current Price: $ 14.59 (24h Changes: -0.02 %)
Current Market Cap: $ 4,285,428,862 (24h Changes: -0.92 %)
Positive News
Source: The Daily Hodl
Date: Thu, 02 Feb 2023 10:30:26
Coin Bureau host Guy Turner is optimistic that Polkadot (DOT) and Cosmos (ATOM) during boom during the next crypto bull run. Citing a report by Electric Capital, Turner tells his 2.
Top 10 cryptocurrencies by GitHub development activity as of February 2023
Source: Finbold
Date: Thu, 02 Feb 2023 05:23:37
The cryptocurrency market continues to rally, building on its 2023 momentum, with various assets recording a significant surge in value. Amid the gains, development teams of several cryptocurrencies are taking the lead in helping the respective assets attain viability.
POLKADOT (DOT)
Current Price: $ 6.72 (24h Changes: 5.59 %)
Current Market Cap: $ 8,051,734,018 (24h Changes: 5.48 %)
Positive News
There’s No Stopping Polkadot (DOT) and Kusama (KSM) Despite Growing More Than 50% This Year
Source: BeInCrypto
Date: Thu, 02 Feb 2023 11:15:00
The future trend for both the Polkadot (DOT) price and the Kusama (KSM) price is bullish. An increase is likely in February
Source: The Daily Hodl
Date: Thu, 02 Feb 2023 10:30:26
Coin Bureau host Guy Turner is optimistic that Polkadot (DOT) and Cosmos (ATOM) during boom during the next crypto bull run. Citing a report by Electric Capital, Turner tells his 2.
Top 10 cryptocurrencies by GitHub development activity as of February 2023
Source: Finbold
Date: Thu, 02 Feb 2023 05:23:37
The cryptocurrency market continues to rally, building on its 2023 momentum, with various assets recording a significant surge in value. Amid the gains, development teams of several cryptocurrencies are taking the lead in helping the respective assets attain viability.