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Bitcoin's Scarce Supply Contradicts Price Rally A recent study conducted by Glassnode on onchain activities has shed light on the tightening supply of bitcoin. Despite the significant increase in bitcoin's value this year, the study shows that the inactivity of coins has reached unprecedented levels. Over the past year, BTC has experienced a surge of […]

Microstrategy Chairman Michael Saylor is optimistic about the future demand for bitcoin, expecting it to double following the halving event and the approval of spot bitcoin exchange-traded funds (ETFs) by the U.S. Securities and Exchange Commission (SEC). According to Saylor, the next 12 months will be highly favorable for the asset class, and he has

Introduction The decentralized finance (defi) protocol Aave's guardian announced on November 4th that it had temporarily paused the Aave V2 Ethereum Market and frozen certain assets on Aave V3 on Polygon, Arbitrum, and Optimism. This precautionary measure was taken in response to a reported issue with the protocol. The Aave team assured users that their

Introduction HSBC, one of the world's largest financial institutions, has announced the launch of a platform that will enable the tokenization of gold bullion. This new platform has the potential to revolutionize the gold trading industry, with a projected market reach of $525 billion. Streamlining Gold Trading The new tokenization platform will simplify the process

Introduction In the recent trial against Sam Bankman-Fried, federal prosecutor Nicolas Roos presented compelling evidence that Bankman-Fried stole billions of dollars from his cryptocurrency exchange, FTX, and engaged in a web of deception to cover it up. This article examines the key points made in Roos' closing arguments and the implications for Bankman-Fried. Bankman-Fried's Pyramid

An Overview of the Investigation An investigation conducted by the Organized Crime and Corruption Reporting Project (OCCRP) has revealed that Nayib Bukele, the President of El Salvador, misused hundreds of millions of dollars provided by the Central American Bank for Economic Integration (CABEI) for the development of the Bitcoin legal tender project. The OCCRP's report,

Introduction Stanley Druckenmiller, a billionaire hedge fund manager, recently expressed his thoughts on bitcoin during a fireside chat with Paul Tudor Jones at the JPMorgan/Robin Hood Investors Conference in New York City. While Druckenmiller does not currently own any bitcoin, he believes that he should. He sees bitcoin as a brand and recognizes its appeal

The renowned payments company Paypal has achieved registration with the Financial Conduct Authority (FCA) in the United Kingdom, as confirmed by the FCA's official website on October 31. This achievement follows Paypal's temporary suspension of crypto purchases within the U.K., with plans to reinstate these services in early 2024. FCA Grants Approval for Paypal to

Introduction The Brazilian Tax Authority (RBF) has recently acknowledged the significant growth in stablecoin trading in the country's cryptocurrency market. Stablecoins, which are tokens tied to the value of other currencies, have gained popularity due to their stability in value and potential use as a means of payment. USDT Dominance in the Brazilian Market Tether's

Introduction The year-to-date performance of bitcoin (BTC), the leading digital currency by market cap, has been remarkable, with an increase of over 100%. This has sparked curiosity about the duration of its upward trajectory. Gareth Soloway, the head market strategist at inthemoneystocks.com, recently discussed the potential longevity of this rally and also touched upon the