December 4, 2022

BREAKING NEWS: MARKET UPDATE 4/12

1.The number of active addresses offers a positive outlook for BTC and ETH, according to IntoTheBlock. Top analyst IntoTheBlock says that a key metric is sending bullish signals for Bitcoin (BTC) and Ethereum (ETH). The analytics firm now notes that the number of active addresses for BTC and ETH is stabilizing, indicating that more people […]


1.The number of active addresses offers a positive outlook for BTC and ETH, according to IntoTheBlock.

Top analyst IntoTheBlock says that a key metric is sending bullish signals for Bitcoin (BTC) and Ethereum (ETH). The analytics firm now notes that the number of active addresses for BTC and ETH is stabilizing, indicating that more people are using these two leading cryptocurrencies now than before the recent bull
market.

2. An ETH competitor is preparing for a strong rally, according to KOL Michal van de Poppe.

Cryptocurrency strategist Michal van de Poppe told his 642,900 Twitter followers that Fantom (FTM) could see a brief retracement before continuing to rise. The analyst said he expects FTM to hold the support between $0.22 and $0.24 before the bulls push it toward $0.50.

3. Tokenlon (LON) hits 25 billion USD in trading volume.

Since 2019, Tokenlon has served more than 220,000 global users and has reached $25 billion in cumulative trading volume to date.

4. Galaxy Digital wins the auction to buy back GK8 from Celsius.

The self-custodial platform acquired by Celsius over a year ago has been “locked down” after its parent company filed for bankruptcy in July.

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