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🦉 Ex-Alameda CEO Sentenced To 2 Years In Prison

SEC Genseler's Crypto Crackdown Under Scrutiny, BlackRock's Mitchnick Sees Bitcoin As 'Risk-Off' Asset, & More!

GM 🦉Get in-the-know with the latest in Crypto updates. This is Daily Gains!

In Today’s Crypto World:

  • Ex-Alameda CEO Sentenced To 2 Years In Prison 🚨

  • SEC Gensler’s Crypto Crackdown Under Scrutiny 💥

  • BlackRock’s Mitchnick Sees Bitcoin As ‘Risk-Off’ Asset ⚠️

  • Gainers & Newbies 👀

  • Ultimate Spiderman #9 🕷

  • What Is Realized Price 🔬

OWLGO’S NEWS NEST
3 TRENDING HEADLINES 💡

DEGEN PLAYS
GAINERS & NEWBIES 👀

*Market insights are updated daily.

VEVE & NFT
ULTIMATE SPIDERMAN #9 🕷

CHART OF THE DAY
WHAT IS REALIZED PRICE? 🔬

What Is Realized Price?

Bitcoin Realized Price is the value of all bitcoins at the price they were last transacted on-chain, divided by the number of bitcoins in circulation. This gives us the ‘average cost basis’ at which all bitcoins were purchased, which is another way of describing Realized Price.

So unlike the current Market Price, which tells us the price of $BTC right now, Realized Price tells us the average purchase price of all bitcoins in circulation.

Finally, to be technically correct and also explain an assumption in the above statements, Realized Price values each UTXO not on its current value, but on the value when it last moved from one wallet to another. We are assuming that movement from one wallet to another wallet is bitcoins being ‘bought’.

OWL’S EYE VIEW
CRYPTO VIDEO SPOTLIGHT - WHAT IS RUG PULL? 🔦

HOOT’S OF ENLIGHTENMENT
WHAT IS AVAX? 💡

Avalanche (AVAX) is the native token of the Avalanche blockchain, a highly scalable and efficient platform designed for decentralized applications (dApps), DeFi, and custom blockchain networks.

Key points include its consensus mechanism, which allows for near-instant finality and high throughput, making it one of the fastest smart contract platforms. AVAX is used for staking, securing the network, governance, and transaction fees.

What makes AVAX amazing is its unique three-chain architecture (X-Chain, C-Chain, and P-Chain) that optimizes performance, flexibility, and decentralization. Its ability to support multiple blockchains and high transaction speeds make Avalanche a powerful competitor in the blockchain space.

OWLGO’S HOOT BUZZ
OWLGO’S HOT X POST 🚀

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DAILYMEMES 🤣

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DISCLAIMER: None of this is financial advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. Please be careful and do your own research.05/31/202406/12/