1. Basic Info

SymbolCTRL
NameCtrl Wallet
Web Sitehttps://ctrl.xyz
Wallet--
Source--
Explorerhttps://etherscan.io/
Forum--
Mining
Supply240000000
Available Supply207232000
Market Cap5640855.04
White Paper--
Is ICONone
Raised Funds-
Distribution-
Algorithm--
Proof--
Total240000000
Release Date2024-10-22

2. Technical

2.1 Kline Price Chart

2.2 Technical Analysis

Strong downtrend continuation expected. Price likely to test lower support levels. Sharp decline momentum. Significant selling pressure indicated by high volume on the 16th. Expect price to break recent lows. Bearish sentiment dominating. Potential for further significant losses. Trend indicates a clear downward path. Decreasing price closes suggest increasing bearish influence. Downtrend likely to persist in the immediate future. Price consolidation is unlikely.

3. News

3.1 News List

  • 20250117
    Crypto firm Ctrl Wallet is up for sale, bid deadline is end of this month
    Self-custodial wallet provider Ctrl Wallet is looking to be acquired 📉
    Crypto firm Ctrl Wallet is up for sale, bids close at the end of this month

3.2 News Analysis

The sale of Ctrl Wallet signals a potential consolidation phase within the cryptocurrency wallet sector. Smaller, independent providers may struggle for viability, leading to acquisitions by larger firms seeking to expand their market share or technology portfolios. This trend could accelerate, reducing the number of independent options for users and potentially increasing concentration in the industry. The end of January deadline suggests we ll see the buyer, likely a large exchange or established infrastructure provider, identified in the immediate term, and ongoing consolidation will be a major trend of the sector as a result.