XRP Soars as Coinbase Hints at Re-listing if Ripple Wins Lawsuit

• Coinbase Chief Legal Officer Paul Grewal hinted that the exchange might relist XRP if Ripple wins the ongoing lawsuit against SEC. • Whales started to amass XRP anticipating a favorable verdict and the verdict is speculated to come in the first half of 2023. • New York State Attorney General Letitia James recently filed a lawsuit against crypto exchange Kucoin for issuing tokens that fit the definition of securities, including Ethereum (ETH). Coinbase May Relist XRP if Ripple Wins

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PancakeSwap’s Latest Strategy: Ready to Flip Uniswap’s TVL!

• PancakeSwap and Uniswap are engaged in a battle of total value locked (TVL). • Despite setbacks, PancakeSwap is attempting to surpass Uniswap by deploying strategic growth measures. • Transaction volume analysis reveals which DEX has been attracting more users or activity. PancakeSwap vs. Uniswap: The Battle for TVL PancakeSwap and Uniswap have been competing for supremacy in the DeFi space, with both platforms vying for the most Total Value Locked (TVL). This battle has been closely watched over recent

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APT Price Struggles Below Key Support: OI/Price Divergence Suggests Reversal

• APT saw a 500% increase in January, but then experienced a 44% correction. • The bulls failed to defend the $12 support level and APT traded at $11 at the time of writing. • There is an OI/price divergence, suggesting a price reversal could be imminent. APT Price Analysis APT registered a 500% hike in January, rising from $3.4 to $20.4. However, the extended correction after price rejection at $20.4 has caused APT to clear over 44% of its

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Arbitrum Beats Polygon in dApp Race: Will MATIC Price Suffer?

• The overall DEX volume on Polygon is decreasing, while Arbitrum has overtaken it in terms of Gains Network usage. • Total Value Locked (TVL) of Polygon fell by 0.28% in the last 24 hours, and its token MATIC’s price also decreased due to this. • High volatility for MATIC would prevent risk-averse investors from buying it, and it remains to be seen whether the decline in Polygon’s activity is only a temporary setback. Decline in Polygon’s DeFi Activity Recent

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Galois Capital Closes Shop After Suffering FTX Collapse Losses

• Galois Capital, a crypto hedge fund, is shutting down after suffering losses in FTX’s collapse last year. • The remaining assets will be returned to investors and the 10% remaining with the fund will be used to settle discussions with auditors and other stakeholders. • Galois was one of the most high-profile victims of Sam Bankman-Fried’s failed crypto empire. Galois Capital Shutting Down Crypto hedge fund Galois Capital has announced it will be shutting down after experiencing significant losses

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AI Cryptos Soar: Up to 16X Growth in Past Months!

• AI cryptos have become a hot topic in the crypto space lately, with many of them registering up to 16-times growth in the past few months despite bearish market conditions. • Blockchain projects are increasingly exploring the potential of integrating AI technology into their platforms, such as TRON’s $100 million AI development fund. • FETCH [FET] was one of the tokens that registered a price increase of 114% in the last 30 days, along with a 155% surge in

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Aptos Soars 400%: Can It Become the ‚Solana Killer‘?

• Aptos [APT] recently launched a world hackathon tour, expanded its footprints in the web 3 gaming ecosystem and has been consistently positioned to dethrone Solana [SOL]. • APT is a layer-1, proof-of-stake blockchain with faster transaction speeds than Solana’s 65,000 TPS. • Aptos’s total volume locked (TVL) has exhibited better growth of late and is primarily driven by Pancakeswap [CAKE], while its NFT trade volume has also seen an increase. Aptos’s Growing Presence Aptos [APT] has made the crypto

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XRP Consolidates: Bears and Bulls Battle for Price Breakout!

• Ripple [XRP] has been in a period of consolidation since January 23, forming a symmetrical triangle pattern on the three-hour chart. • A patterned breakout on the upside could offer more gains and target the $0.4445 level, offering a potential 7% hike. • However, bears could inflict a bearish breakout targeting the $0.3769 level and invalidate the above bullish inclination. Ripple [XRP] has been in a period of consolidation since January 23, forming a symmetrical triangle pattern on the

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Aave V3 to Combat 96% Decline in New Users on Ethereum Platform

• Aave recently proposed the launch of Aave V3 on Ethereum to combat the decline of new users on the platform. • Aave V3 is currently functional on six blockchain networks, with Aave V2 existing on Ethereum, Avalanche, and Polygon. • Data from Dune Analytics has revealed a 96% decline in the count of daily new unique users on Aave since May 2022. Aave, the decentralized lending protocol, recently proposed the launch of Aave V3 on Ethereum in response to

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Optimism Quests Program: 70% Drop in Daily Transaction Count

• In September 2022, Optimism released a series of 18 tasks called „Optimism Quests,“ with a deadline set for 17 January 2023. • Upon the launch of the program, Optimism experienced an increase in user numbers as the daily transaction count on the network saw a significant spike. • Following the conclusion of the Optimism Quests program, daily transaction on Optimism has declined, with a 70% decline in daily transaction count. In September 2022, Optimism, a layer 2 network, released

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