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Despite widespread losses being posted throughout the crypto market, Ethereum whales have been busy buying and selling Ether (ETH) at a rate not seen since January this year. According to data from Santiment, Ethereum whales made a total of 2,956 transactions, each valued at over $1M on Wednesday, marking the
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Bitcoin-related products took the lion’s share of the outflows with $131.8 million of redemptions. Short bitcoin investment products, which bet on making profits when bitcoin’s price declines, saw inflows totaling $2 million, their largest inflow on record. Source
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CME Bitcoin Futures Premium Hits Highest Since Early January Source
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Tezos (XTX) has had a tough few months, but things are looking up for this blockchain cat patent-pending coin. Unfortunately, after slumping to an all-time low at the start of January and then climbing back up over 80% by early February – it seems like there’s not much more room
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The Federal Reserve is scheduled to release minutes of its January meeting later Wednesday but just taking a glance at data over the past month gives an idea of how much expectations have changed since then. Original Source
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The average transaction fee on the Ethereum network has dropped to the lowest level in four months, according to statistics on February 13, 2022. Mid-September 2021 was the last time gas fees on Ethereum were this low, as average fees have dropped to roughly $15.13 per transfer. Ethereum Fees Slide
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The biggest driver for overall inflation continued to be used-car prices, with an increase of 40.5% in January from a year ago and 1.5% higher than in December. Food prices surged 0.9% month-over-month, adding up to a 7% increase year-over-year, the highest since 1981. Energy costs advanced 0.9% in January. Source
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Avalanche (AVAX) recovery extended into its third week, primarily in the wake of similar upside retracement across the top crypto assets.On Thursday, AVAX's price rallied by nearly 16% to reach $96.50, its best level since Jan. 14, 2022. The massive intraday move came as a part of a recovery that
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The count of jobs gained or lost is measured through a survey that asks employers for the number of workers they have on their payrolls during the period of measuring. That excludes workers who were out sick, or missed work for other reasons, like taking care of someone or quarantining.
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Deribit, the biggest crypto options exchange, wrote in a newsletter to investors on Thursday that the volume of option trades on its platform in ether (ETH), the native cryptocurrency of the Ethereum blockchain, rose to a record 5.4 million in January, up 36% from the volume in December. Source
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