THE DAILY ENCRYPT

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Ethereum Bearish Signal: Netflows Turn Sharply Positive

On-chain data shows the Ethereum netflows are sharply turning positive, a sign that could prove to be bearish for the crypto. Ethereum Exchange Reserve Rises As Netflows Become Positive As pointed out by an analyst in a CryptoQuant post, exchanges have observed net ETH inflows recently, swelling up their reserves. The “all exchanges netflow” is …

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Canadian Police Freeze Crypto Wallets Tied to Freedom Convoy Protests — Vow to Take Back Ottawa in Entirety

Canada’s national police have sent letters to cryptocurrency exchanges asking them to freeze at least 34 crypto addresses allegedly connected to the Freedom Convoy protests under the Emergencies Act recently invoked by Prime Minister Justin Trudeau. Banks have also received letters about “designated persons” tied to the protests as the police vow to take back

Cardano (ADA) Still In A Slump This Week – Can It Hit $1.45?

Cardano (ADA) is presently trading at USD1.077, according to market indicators Thursday, which shows the crypto may be nearing the conclusion of its slump. The seventh-largest cryptocurrency by market cap is experiencing a bearish algorithm throughout February, leading up to its current market price. As of Thursday’s trading, the psychological level of support at $1.00 …

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