Quant analyst PlanB believes that Bitcoin (BTC) is poised for an accelerated bull market, based on an indicator called realized cost price. Realized cost price is the average value of BTC supply calculated at the price at which coins were last moved. When…
AAVE, a prominent DeFi token, has experienced a significant increase in price over the past week, gaining 28.33% according to CoinMarketCap. This surge in price is likely due to the overall boost in the crypto market, which has been fueled by Bitcoin’s recovery.…
According to a recent investigative report, former FTX CEO Sam Bankman-Fried used millions of dollars from commingled customer funds to purchase luxury properties in the Bahamas for employees and their friends and families. The properties include a six-bedroom, 11,500 square foot penthouse at…
Hut 8, a North American crypto miner, has secured a $50 million credit facility with Coinbase Credit. The loan will be used for general corporate purposes and to maintain a dynamic Bitcoin treasury management strategy. The credit facility includes a $15 million term…
The Cuban peso has experienced a significant decline in value, reaching an all-time low of 200 per dollar, causing it to depreciate by over 20% in 2023 and more than 50% in less than a year. This decline has negatively impacted the purchasing…
Arkham, the leading blockchain intelligence platform, has announced its support for the TRON blockchain. This partnership aims to provide traders and researchers with the ability to track entities on TRON using Arkham’s AI-powered analytics engine. TRON is currently the world’s leading blockchain by…
Reddit is currently facing turmoil as its moderators and communities protest against planned changes to the site’s data access policy. This has led to an unlikely alliance between Reddit and its cryptocurrency communities. The protests began on June 12, with over 7,000 subreddits…
A new report released in the FTX group’s bankruptcy process has provided more details about allegations of commingling and misusing customer assets by company founder Sam Bankman-Fried. The report claims that Bankman-Fried and a senior lawyer for FTX lied to banks and auditors,…
Kaspa (KAS) has experienced a significant surge of over 60% in the altcoin market in the past two weeks. This cryptocurrency is based on the GHOSTDAG protocol, which offers advantages such as higher throughput and faster confirmation times compared to traditional blockchain consensus…