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Prosecutors Request Tighter Bail Conditions for Sam Bankman-Fried Over FTX Messaging

• 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

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Ripple’s XRP Sees Record Trading Volumes on Australian Exchanges

• 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

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BingX Exchange Lists BONE Trading Pairs, Price Soars 72% in 30 Days

• 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

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Bitcoin Exchange Reserves Rise, Could Signify Bearish Price Pressure

• 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

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Bitcoin Predicted to End 2023 Higher Than It Started, Despite 2022 Low

• 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

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Bitcoin Reaches Bear Market Low: Can It Reclaim $19,900 Realized Price?

• 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

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Bitcoin Interexchange Flow Pulse Reversal: Is a Bull Market Coming?

• 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

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