Quant Analyst PlanB Says Bitcoin (BTC) on Track To Explode by Over 500% – Here’s the Timeline

Popular quantitative analyst PlanB, known for his stock-to-flow Bitcoin (BTC) model, is expressing bullish sentiment for the flagship crypto asset. In a new interview with crypto trader Benjamin Cowen, PlanB says that while the current sentiment towards crypto is bearish due to the disintegration of digital assets exchange FTX, it wouldn’t shock him if the …

Russia intends to launch a ‘national crypto exchange’

Russian lawmakers are working on amendments to launch a national crypto exchange. This effort is reportedly supported both by the Ministry of Finance and the Central Bank of Russia which have a long history of disagreement over crypto regulation in the country.  As local media reported on Nov. 23, members of the lower chamber of the Russian …

Recent FTX hacks prove it was right to ‘secure’ its assets: Bahamian regulator

The Securities Commission of The Bahamas says the continued “hacking attempts” on FTX’s digital assets prove they made the right call to take control of the exchange’s assets on Nov. 12.  In a statement on Nov. 23, the commission said the fact that FTX’s “systems were compromised, and that they continue to face new hacking …

10,000 BTC moves off crypto wallet linked to Mt. Gox hack

A crypto wallet belonging to the shutdown crypto exchange BTC-e has just moved 10,000 Bitcoin (BTC), currently worth over $165 million, to various exchanges, personal wallets, and other sources on Nov. 23. A Nov. 23 Chainalysis report suggested while this withdrawal is the largest made by BTC-e since April 2018, BTC-e and WEX — an …

FTX miniseries gets go ahead, covering the ‘most brazen frauds ever committed’

An eight-episode limited series exploring the unraveling and scandals behind sunken crypto exchange FTX and its leadership is slated to soon begin production. The series has been purchased by technology conglomerate Amazon, and will likely air on Amazon’s video streaming service Prime. It’s understood to be based on “insider reporting” from journalists covering FTX and …

CrossTower eyeing further crypto acquisitions outside of Voyager bid

Crypto exchange CrossTower Inc., which is currently bidding for the assets of Voyager Digital, is reportedly window shopping for other crypto company acquisitions.  In a Nov. 24 Bloomberg report, CrossTower CEO Kapil Rathi revealed that the company is looking to pick up firms with a “good set of customers” and a “good balance sheet” despite …

Does the FTX collapse really have a silver lining?

While some believe the FTX collapse is the straw that breaks crypto, others say it will strengthen the industry in the long run. Is it just a huge road bump as the world moves to web3, or the cliff’s edge for the industry as we know it? On November 12, A&T Capital hosted a Twitter …

US Seizes Domains Used in ‘Pig Butchering’ Crypto Scam

U.S. authorities have seized seven domains used in “pig butchering” cryptocurrency schemes. “Once the money is sent to the fake investment app, the scammer vanishes, taking all the money with them, often resulting in significant losses for the victim,” the Department of Justice warned. 7 Domains Used in Pig Butchering Crypto Scam Seized The U.S. …

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