Alameda Research addresses sent millions worth of tokens to decentralised exchanges and crypto mixers on Wednesday. According to on-chain data, the tokens were swapped into USDT before being converted into Bitcoin. The Alameda wallets sprung into life a few days after FTX co-founder Sam Bankman-Fried was released on a $250 million bail. Crypto wallets linked…

Bitcoin was changing hands near $16,600 on Wednesday, about 1% down in the past 24 hours. The cryptocurrency is heading for its worst yearly returns since 2018. Stocks have also hit a brutal patch in 2022, with major US indexes headed for their worst annual returns since 2008. Bitcoin remained uncharacteristically uneventful on Wednesday, trading…

MicroStrategy reportedly bought approximately 2,500 BTC between 1 November and 24 December, 2022. The company now holds 132,500 BTC acquired for approximately $4.03 billion. MicroStrategy did however sell 704 BTC for $11.8 million on 22 December for what it termed as tax benefits. MicroStrategy, a publicly traded company that’s the world’s largest corporate holder of…

Bitcoin price outperformed Tesla in 2022. The two assets faced numerous challenges during the year. Bitcoin seems like a better investment in 2023. Bitcoin price has had a terrible performance in 2022. It has crashed by 64% this year, making it one of its worst year on record. Tesla is doing much worse. Down by…