• Aave (AAVE) has been trading in a sideways range since mid-January, currently hovering around $86.4. • The current price action has created critical supply and demand zones, offering swing traders profit levels. • Price action could change after the FOMC announcement, with a bullish Bitcoin pushing AAVE to break above the range and target…

• Bitcoin [BTC] started the year with a strong rally of 23.3%, leading to many investors and miners netting unrealized gains. • Glassnode assessed a few on-chain metrics to determine the meaning behind last week’s recent price surge and underlying factors behind the same. • The metrics revealed that BTC’s price surpassed the psychological level…

• GMX, a decentralized exchange, has proposed a launch on the Binance Smart Chain (BNB) in order to mutually benefit both parties. • Activity on the BNB chain has declined, as reflected in a drop in dApp usage, a decrease in the frequency of BNB transfers between addresses, and a decrease in the overall volume…

• Safemoon (SFM) has had a difficult year, with its price dropping 11% within a week due to FTX’s collapse in early November. • Analysts advise caution when purchasing this coin, with some platforms predicting a maximum price level of $0.0025 in 2022 and a minimum price of $0.0089 in 2022. • SafeMoon has outperformed…

• Chainlink (LINK) is a cryptocurrency and decentralized oracle network launched in 2017. • In late 2020, LINK’s price experienced a significant bull run, reaching an all-time high of over $20 in December. • LINK has performed well compared to other cryptocurrencies, with its price remaining relatively steady and its strong adoption in the cryptocurrency…

• According to MAC_D, an assessment of some on-chain indicators such as market-value-to-realized-value (MVRV), Net Unrealized Profit/Loss (NUPL), Puell Multiple, and Spent Output Profit Ratio (SOPR) showed that BTC had reached an undervalued level. • CryptoQuant analyst Dan Lim found that there has been a shortage in coin accumulation by whales in the current bear…

• Bitcoin (BTC) has been stuck in a $16.92K – $16.45K range for over 10 days, resulting in limited volatility and volume. • The support at $16442.38 is currently being tested and could be broken below. • A break out above the 23.6% Fib level of $16,766.50 could invalidate the bearish bias. Bitcoin (BTC) has…

• $1.7 million worth of crypto assets were swapped and mixed through various crypto-mixing services related to Alameda Research. • 30 cryptocurrency wallets related to Alameda Research became active on 28 December following weeks of inactivity. • Crypto assets were exchanged for Ether/Tether, and then routed through instant exchangers and mixers. Crypto assets worth $1.7…

• Uniswap [UNI] has surpassed Solana [SOL] to become the 16th largest cryptocurrency in terms of market capitalization. • Despite several projects leaving Solana, its NFT space witnessed growth. • Solana’s on-chain metrics, such as its development activity, negative sentiments, and Binance funding rate, suggest further decline in price. Uniswap [UNI] has recently overtaken Solana…

• Argo Blockchain has negotiated a $100 million deal with Galaxy Digital to help them avoid bankruptcy. • The crypto mining firm’s share price has risen more than 102% since the announcement of the deal. • The deal includes the sale of the Helios mining facility for $65 million and a $35 million loan to…