In a rapid climb, Bitcoin surged past $46,000, causing over $160 million in losses due to liquidated short positions. The market, marked by extreme greed, faces scrutiny over Bitcoin's surge amid impending ETF expectations. Analysts emphasize assessing both market sentiment and fundamental metrics to understand the surge's true drivers.
Xu LinBitcoin's 7% surge, approaching $46,000, is fueled by ETF anticipation and shorts liquidation. Altcoins like Solana and ORDI follow suit. Ethereum rises to $2,363. Notable performers include Sei and Astar Network. Overall market sentiment remains optimistic.
SanyaBitcoin saw a double rally today, pushing its price beyond $35,000 after an earlier surge past $31,000 on Monday morning, marking the highest point of the cryptocurrency in 2023.
CatherineOn February 21st, 2023, LayerZero launched a bridge between mainnet ETH and Goerli testnet ETH.
Coinlive Ethereum's Zheijang testnet will launch on Feb. 1, 2023 to pave the way for testing withdrawals of staked ETH and several other performance-related improvements.
BeincryptoLookonchain tweeted "A giant whale address borrowed 20 million CRV from Aave and transferred 10 million CRV to OKX.
TristanEthereum’s shark and whale addresses have dumped 3.3 million ETH over the past five weeks.
FinboldThe myth of "ETH killers" — why demand for blockchains will always outpace supply 🧵 For every important computing resource in history demand has outpaced supply. This includes CPUs, GPUs, memory, storage, and both wired and wireless bandwidth. The core dynamic of computing movements is a mutually reinforcing feedback loop between applications and infrastructure.
Cdixon(Any views expressed in the below are the personal views of the author and should not form the basis for making investment decisions, nor be construed as a recommendation or advice to engage in investment transactions.) I’m currently reading Alchemy of Finance by George Soros, and it inspired me to…
CryptohayesMarket participants spent approximately $2.7b on minting NFTs in the first half of 2022. What did the NFT projects do with the money they raised?
Nansen