News
#Bitcoin #Ethereum #BTC #XBT #XET #Crypto | đŽđł #India Is Seeeking To Ban Private #Cryptocurrencieshttps://t.co/DXT7qIuckb
— Christophe Barraudđ˘ (@C_Barraud) January 30, 2021
WATCH: Two New York bars are on sale for 25 #Bitcoins. The owner of the two bars, Patrick Hughes, said âit would be great to be the first bar and restaurant in the United States sold for bitcoinâ pic.twitter.com/sSp3vRxneI
— Reuters Business (@ReutersBiz) January 30, 2021
NEW: Ripple files court response to the SEC's XRP lawsuit https://t.co/wLdbu5gTZ0
— The Block (@TheBlock__) January 29, 2021
Fundamental Analysis
As part of the January month-end index rebalance, the Bitwise 10 Large Cap Crypto Index welcomes two new constituents:
– Uniswap (UNI)
– Aave (AAVE)Methodology here: https://t.co/g1rqD1Re8V
Index page here: https://t.co/Wi40yzyQsG pic.twitter.com/t1ysREdveu
— Bitwise (@BitwiseInvest) January 29, 2021
Charts
Guess who is short #bitcoin?https://t.co/eVVp7MrNBX pic.twitter.com/UJlgdUP3gg
— The Block (@TheBlock__) January 29, 2021
Looking at a birdâs eye view of monthly BTC returns, we can see that January doesnât really follow a pattern. Summer months tend to be weaker, however, while the end of the year is usually stronger. pic.twitter.com/DHBWgUaS42
— CoinDesk Research (@CoinDeskData) January 29, 2021
The Top 5 exchanges are all in Asia. Donât let it be your blind spot https://t.co/i1xTfDjuuH https://t.co/zYnDcWyH9B pic.twitter.com/3n40vqUyWB
— Mira Christanto (@asiahodl) January 30, 2021
Crypto subreddits are seeing a huge uptick in new subscribershttps://t.co/dtti4GEZuS pic.twitter.com/VvgbTe002Z
— The Block (@TheBlock__) January 29, 2021
In terms of market cap, bitcoinâs dominance over other crypto assets remains high, although it has generally trended down over time. Will investors find value in other ârising stars?â Chart via @BitwiseInvest and @CFAinstitute pic.twitter.com/wV9YIG3QXK
— CoinDesk Research (@CoinDeskData) January 29, 2021
Technical Analysis
đł In a reversal, #altcoins have flipped the script on what looked like a #Bitcoin breakout day. No project has decoupled from $BTC more notably than #Compound (+20% in past 3 hrs). This has been fueled by a new #AllTimeHigh in whale (10k+ $COMP) holders. https://t.co/TbR3JbkYH7 pic.twitter.com/nZUmhW7acM
— Santiment (@santimentfeed) January 29, 2021
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