Crypto Coffee Can


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Get cryptocurrency trends, insights and news updates.
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⚡️​​TOP 10 Gainers Among Blockchain Infrastructure Projects in the Last 30 Days

$APT +444%
$RON +294%
$CFX +192%
$EVER +165%
$SOL +161%
$OP +148%
$FTM +140%
$ONE +135%
$CCD +130%
$METIS +129%

@CryptoCoffeeCan


⚡️ Fasttoken (FTN) Secures Multi-Million Dollar Investment to Advance Its Web 3 Ecosystem

Fastex raises $23.2 million in a token generation event (TGE) last week.

Funds will be used in accelerating development and community growth.

Fasttoken (FTN) is the utility token in Fastex’s expansive Web 3 ecosystem.

Up-and-coming Web 3 ecosystem, Fastex, announces a successful capital raise of $23.2 million, following the recent completion of its private and public sale of its Fasttoken (FTN). The additional funding was raised in a token generation (TGE) over the past few months, with two phases of private investments running from December to mid-January and the public sale that launched on January 18 and sold out in less than 72 hours.

@CryptoCoffeeCan


The recent rise in #Bitcoin created more than 44,000 new millionaires in #crypto .

As of January 28, there were 72,483 millionaire #BTC addresses, an increase of 44,399 or 61% from the 28,084 millionaire BTC holders on January 5. https://t.co/zkswTabsYb


⚡️Bitcoin Liquidation Position

An analytical tool - Hyblock liquidation, designed to study price levels, upon reaching which market participants will receive the liquidation of their positions. The chart shows zones where traders with high leverage open long or short positions (from 25x to 125x). With a large accumulation of liquidity, "clusters" (highlighted by circles) are formed. This service is aimed at simplifying the trader's task, as it can give a slight advantage in understanding where liquidity is concentrated.

💵 Data taken from the Binance exchange.

Bitcoin is back in side trading (locally). Based on Hyblock, the amount of liquidity at the top and bottom is almost the same. However, there is a slight bias towards long (more clusters). The "Delta" indicator also shows a small signal about the exposure of longists to liquidations.

➡️ Top liquidity block: $24,300, $23,980, $23,800, $23,500, $23,270,

➡️ Liquidity bottom block: $22,600, $22,380, $22,200, $21,800.‌‌

@CryptoCoffeeCan


⚡️ Are Cryptocurrencies on Bullish?

DXY (dollar index) is showing a consistent pattern of rejection when the dollar attempts to rise.
This rejection is a strong indication that "smart money" is attempting to push the price lower.

This views provides a strong justification for me to have a bullish outlook on gold and cryptocurrencies.

@CryptoCoffeeCan


🪙 Price Movement Expectation

BTC reached $22,335, thus collecting liquidity (stops of the participants). After that, the price managed to roll back above the weekly and daily opening of the candle. These figures are a good sign that indicates the continuation of the uptrend. The only thing I'm worried about is equal lows at $22,335 so that the price doesn't continue lowering to make a new low. Despite my fears, BTC is set to move towards the $23,200-23,600 resistance block.

There is a reaction of the buyer, in addition to 1h there were green waves (signaling purchases) on Big guy, which also strengthens the possibility of going up. For more confirmation of BTC, you need to go to $22,900 and start trading there.‌‌

@CryptoCoffeeCan


📊 Market Overview

Yesterday, for the third time in four days, Bitcoin rose above $23,000 before falling as markets continue to watch macro conditions improve with caution. BTC is currently trading at $22,730, down 1.5% from 24 hours ago, although the largest cryptocurrency by market cap is still up over 36% this year.

Cryptocurrencies from the top 10 are traded in the red zone
Cardano -6.06%
Dogecoin -5.25%
Ethereum -4.85%.

Market cap: $1.063 trillion (-2.9%)
Bitcoin dominance: 41.2% (+0.93%)
ETH market share: 17.6%
Ethereum gas average price: 14 GWEI
Fear and Greed Index: 51 (Neutral)

🚀 Growth Leaders

Efforce (WOZX) +35.7%
Audius (AUDIO) +32.1%
Crust (CRU) +27.3%

📉 Fall leaderboards

Ambire AdEx (ADX) -18.9%
MinePlex (PLEX) -18.4%
ICON (ICX) -17.9%

@CryptoCoffeeCan


​⚡️ Bitcoin annual returns since 2010

In the first 25 days of 2023, BTC has already outperformed all of 2015, and also made 50% of the results of 2021

In general, if the pattern repeats, we can expect three "green" years in a row.

@CryptoCoffeeCan


⚡️ Miners are Top Shape

Bitcoin continues to rise as miners cut sales and this has resulted in a 30% rise in just 2 weeks. On-chain transfers tracked by Bitfinex reflect bitcoin movements from miner addresses to exchange wallets at multi-year lows. Miners are in top shape and sales are at a 3-year low.‌‌

@CryptoCoffeeCan


⚡️ There is a record!

Exchanges face the biggest reduction in the supply of bitcoin in the history of the existence of the coin.

Everything is as always: $23,000 is bought by those who valued $16,000‌‌.

@CryptoCoffeeCan


🪙 Price Movement Expectation

$21,500 is the obvious level everyone will be looking at in the event of a correction.

This means that we can see the following outcome:
1) Exit to $21,500 and hunt for stop losses below this support level.
2) Bitcoin is trading the current range, accumulating strength for a hike higher (at least to the upper border of the $25,200 channel). Thus, leaving market participants who expected a retest of $21,500-20,000 aside.

I'm inclined towards the second option.

The price is pressed to the $22,900-23,100 zone, where you need to watch the reaction. If we get an activation of the seller (BTC has not gone above $22,900-23,100 and is rapidly going down), in this case, we are watching the buyer block $21,500-22,000. In another scenario, if we see pressure and exit for $22,900-23,100, and consolidation, we can expect a hike to $25,000.‌‌

@CryptoCoffeeCan


📊 Market Overview

Over the weekend, the price of bitcoin fluctuated around $23,000. BTC is currently trading around $22,700, which is 0.9% lower than 24 hours ago. However, BTC is up over 8.9% in the last week.

Cryptocurrencies from the top 10 are traded in different directions
Dogecoin +4.64%
Cardano +0.93%
Solana -2.46%.

Market cap: $1.078 trillion (-0.1%)
Bitcoin dominance: 40.6% (-1.27%)
ETH market share: 18.3%
Ethereum gas average price: 14 GWEI
Fear and Greed Index: 50 (Neutral)

🚀 Growth Leaders

SONM (SNM) +140%
ELYSIA (EL) +64.2%
Axie Infinity (AXS) +45.7%

📉 Fall leaderboards

LUKSO (LYXE) -17.9%
Magic (MAGIC) -8.61%
Verasity (VRA) -8.22%

@CryptoCoffeeCan


⚡️ Cardano co-founder Charles Hoskinson plans to buy CoinDesk.

He wants to revamp it into a mix of news and community site.

Recall that CoinDesk is a subsidiary of DCG, and the current price is estimated at around $200 million.

@CryptoCoffeeCan


🪙 Price Movement Expectation

Having studied the local picture of BTC, I noted the levels from where the price is likely to receive a reaction. I expect the scenario for Bitcoin to develop through a hike to $21,000, testing the middle of a sideways trade. After that, a decrease to $20,300-20,000, where I will look towards the continuation of the uptrend.

If the analysis works, it will give a slight unloading and cool down Bitcoin (positively affect the trend). And also there will be a good place for aggressive speculation (recommended only for experienced market participants).‌‌

@CryptoCoffeeCan


📊 Market Overview

Despite the lamentations of the “$10k waiting” sect, bitcoin continues to trade above $21,000. At the moment, the price of BTC is in the region of $21,800, which is 0.9% more than 24 hours ago. Other major cryptocurrencies are also in positive territory, with the popular meme coin Shiba Inu jumping more than 18%.

Cryptocurrencies from the top 10 are traded in the green zone
Dogecoin +4.63%
Ethereum +1.28%
BNB +1%.

Market cap: $1.038 trillion (+0.8%)
Bitcoin dominance: 39.5% (-0.31%)
ETH market share: 18.4%
Ethereum gas average price: 14 GWEI
Fear and Greed Index: 52 (Neutral)

🚀 Growth Leaders

Tap (XTP) +125%
Steem (STEEM) +120%
Rocket Pool (RPL) +71.2%

📉 Fall leaderboards

Serum (SRM) -12%
Metadium (META) -10.7%
NuCypher (NU) -9.63%

@CryptoCoffeeCan


⚡️ The Solana Foundation and Ripple have started working with the GBBC.

The Solana Foundation and Ripple are founding partners, while the Regen Network, an environmentally conscious Tier 1 blockchain network, and the Climate Collective are supporting partners.

A newly formed non-governmental organization called the Blockchain x Climate Leadership Network (BxC) aims to be "the largest common gathering of climate change innovators, leaders and builders under one global umbrella☂."‌‌

🥫 @CryptoCoffeeCan


⚡️ Bitcoin Miners are in Profit

On January 1, miners bought approximately 3,600 BTC when it was selling at $16,700. Between January 5 and 11, they accumulated another 1,000 BTC when prices skyrocketed. But when the price of bitcoin exceeded $20,000, it seems that the miners decided to take profits and sold 4,000 BTC since January 12.‌‌

@CryptoCoffeeCan


⚡️ While fees and BTC transaction volume plummeted during the bear market, the number of transactions remained surprisingly stable.‌‌

@CryptoCoffeeCan


📊 Market Overview

Bitcoin price is at $21,100, +1.6% higher than 24 hours ago. BTC is up +27.7% this year. Most other cryptocurrencies will also show growth.

Cryptocurrencies from the top 10 are traded in the green zone
Polygon +5.13%
Cardano +4.14%
Ethereum +2.88%.

Market cap: $1.033 trillion (+1.8%)
Bitcoin dominance: 39.4% (-0.5%)
ETH market share: 18.3%
Ethereum gas average price: 17 GWEI
Fear and Greed Index: 45 (Fear)

🚀 Growth Leaders

NuCypher (NU) +44.6%
Alethea Artificial Liquid Intelligence (ALI) +37.0%
Moneyfold Finance (FOLD) +36.6%

📉 Fall leaderboards

Anchor Protocol (ANC) -19.2%
Mirror Protocol (MIR) -9.52%
Lido DAO Token (LDO) -2.89%

@CryptoCoffeeCan


📊 Market Overview

Bitcoin's rally cooled down after crossing $21,000 mark. Bitcoin is currently trading around $20,600, which represents a +0.16% increase over the past 24 hours.

Cryptocurrencies from the top 10 are traded in different directions
USDC +0.02%

Market capitalization: $1.02T (-2.29%)
The BTC dominance: 39.00% (+0.74%)
Fear & Greed Index: 52 (Neutral)

🚀 Growth Leaders

ANC +47.7%
Serum +45.1%
Wrapped NXM +26.4%

📉 Fall leaderboards

Dogecoin -3.73%
BNB -3.43%
Polygon -2.21%.

@CryptoCoffeeCan

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