Derivatives
Research
Research: Withdrawal price – A new way of assessing Bitcoin
Assessing the health of the crypto market requires looking at more than just Bitcoin's price.
Exchanges
A look at what’s going on with Bitzlato and its impact
Accused of laundering over $1 billion worth of crypto, the Russian exchange saw its owner arrested and assets seized. And while the scope of Bitzlato's alleged crimes is serious, its effect on the crypto industry could be limited.
Investments
Former head of FTX.US raises $5M from Coinbase, Circle for a new crypto startup
Brett Harrison, the former CEO of FTX.US, raised $5 million from big-name investors to launch a new crypto startup called Architects.
Politics
Every third member of the US Congress received money from FTX
Sam Bankman-Fried and other executives at FTX donated cash to 196 members of the new U.S. Congress.
Exchanges
Coinbase to halt operation in Japan
The exchange said leaving Japan is part of its restructuring process that will help it weather the bear market.
Bear Market
Coinbase lays off 950 employees
Coinbase's CEO Brian Armstrong said that the layoffs will provide the company with operational efficiency to weather the bear market. Coinbase's shares were up almost 3% premarket after the announcement.
Exchanges
Binance sees $12B withdrawn in 60 days
Around $12 billion in various crypto assets has been withdrawn from Binance since November. To Forbes, the massive outflow looks like a soft bank run. To the rest of the market, it just might be business as usual.
Bankruptcy
Sources claim FTX investigation could exhaust the SDNY court
Prosecutors involved with the FTX investigation have reportedly told lawyers that the case is so sprawling it could exhaust the resources of the U.S. District Court for the Southern District of New York.
Research
Bitcoin’s annualized 3-month futures basis show a calm before the storm
Bitcoin's annualized 3-month futures basis just came out of deep backwardation. Every time this happened in the past, a price rally occurred within months.
Research
Research: Implied volatility shows only sideways movements for Bitcoin
Bitcoin's implied volatility currently stands at a two-year low and shows that the derivatives market sees no major price movements in the near future.
Research
Research: Bitcoin UTXOs grow despite bear market
The growing number of Bitcoin UTXOs indicates a healthy network usage that defies the ongoing bear market.
Technology
Ethereum Name Service saw 2.2M ENS names registered in 2022
The popular Ethereum domain name service celebrated its most successful year so far, noting that 80% of all ENS names in existence were registered in 2022.
