• Federal prosecutors of the Southern District of New York overseeing the current case against Sam Bankman-Fried, the disgraced founder and former CEO of FTX, want the court to impose tighter bail conditions on the defendant. • This is because investigators discovered that Sam Bankman-Fried, also known as SBF, had messaged the general counsel of
• Ripple’s native token, XRP, has recorded the highest trading volumes on Australian exchanges. • This is credited to Ripple’s on-demand liquidity (ODL) use case adoption. • Ripple’s XRP contributed to 62% of the trading volumes on the BTC Market and 82% of the Independent Reserve Exchange over the past day. Ripple, the leading enterprise
• Singapore-based Exchange BingX announced the listing of BONE trading pairs (BONE/USDT) on the beta version of its BingX Spot platform. • BONE has gained significant momentum to the upside over the past weeks, especially following the developers’ announcement on making BONE the token to cover gas transactions. • BONE has surged 72% in the
• On-chain data shows that Bitcoin’s spot and derivative exchange reserves have recently shot up, which could be a bearish sign for the price. • The “exchange reserve” is an indicator that measures the total amount of Bitcoin that investors are depositing into wallets of centralized exchanges right now. • An increase in the reserves
• BONK, a meme coin on the Solana ecosystem, recently experienced a surge in its price, reaching an all-time high of $0.0000049. • However, the hype has now died down, with BONK falling more than 50% in 24 hours, dropping back to its original price of $0.000002. • The downturn in price has also seen
• Bitcoin performance in 2022 was the second-worst since 2011, with a year-to-date performance of -65%. • According to Arcane Research, the crypto winter was caused by tightening macroeconomic conditions and crypto-specific leverage and risk management. • Arcane Research predicts that Bitcoin will trade in a mostly flat range in 2023, but finish the year
• Chainlink (LINK) has recently announced its new tie-up with Blueberry, which is set to automate and enhance the build and LP strategies of the network. • According to data by Coingecko, LINK price has plunged by 7.5% in the last seven days, and trading at $5.55 as of this writing. • Technical indicators demonstrate
• Bitcoin’s realized price is currently valued at around $19,900 according to CryptoQuant’s year-end dashboard release. • Bitcoin’s normal price has been below the realized price for a while now, historically spending very little time in this region. • To understand the “realized price,” the “realized cap” must be looked at first, which prices each
•Solana has been on a downward trend since the FTX crypto exchange collapse, losing more than 20% in the last 7 days. •The network had risen quickly due to the funds injected by Sam Bankman-Fried, but with those gone, it has struggled to stay afloat. •Matrixport announced it would be delisting all Solana tokens from
• Bitcoin Interexchange Flow Pulse (IFP) is an indicator that measures the 1-year cumulative net flows between Coinbase and derivative exchanges. • When the value of this metric rises, it means investors are transferring more coins from spot to derivative exchanges right now, and are hence willing to take up more risk. • On-chain data