FTX will begin its creditor repayments on February 18, 2025, with $16 billion allocated for payouts. Phase 1 will distribute $6.5 billion to $7 billion in new liquidity. Creditors with claims below $50,000 will be fully repaid. Additionally, they will earn 9% annual interest on their claims. Another allocation for
A slight uptick in crypto assets follows a bear trap recovery, with the Fear and Greed Index holding at 37, signaling fear. The altcoin SUI posts a 4.17% gain. SUI kicked off the day trading in around the $3 range, before falling to a low of $2.93. The altcoin’s bearish
Bitcoin is trading close to the $96,000 price range after dropping to $93,487 earlier today. Even though the lower price ranges are common before a bull run, the market dynamics of Bitcoin are different this time. The overall crypto market cap is hovering at around $3.17 trillion with a slight
Aptos price fell 26.06% last month and tested the previous $5.50 low. However, the buyers of APT succeeded in defending the $5.50 support and showcased a minor recovery. It indicates that bulls are getting active and trying their best to reverse the APT price trend in an upward direction. Presently,
As bearish pressure grips the crypto market, Bitcoin and Ethereum stall at resistance. The altcoin Hyperliquid (HYPE) followed suit and landed among the top losers, taking a sharp 7.84% hit. HYPE’s crucial resistance levels at $32.27 and $35 are to be tested to confirm the breach of its ATH. With
Binance founder Changpeng “CZ” Zhao has pledged to donate additional funds to victims of the TST and BROCCOLI meme coins. This follows his initial contribution to LIBRA scam victims, where he unexpectedly received more BNB than he initially donated. On February 19, CZ disclosed that his donation address had received
The Libra token controversy took a new turn when Argentine media revealed a shocking fact about this case. According to the report, Libra co-creator Hayden Davis boasted about being able to pay Argentine President Javier Milei’s sister for promoting a $LIBRA meme coin on their X account. In the text
After a brief silence, the Asian crypto markets have once again sprung up into action. The Hong Kong ConsenSys 2025 is off to a great start as per reports. Meanwhile, the Bitcoin Tech Carnival drew much attention with intriguing updates about the web3 sector. The overall crypto market, on the
Litecoin (LTC) experienced massive gains and strength, rising over 25% in a week. It trades above $120, holding steady despite market swings. Bulls defend this level, preventing a downside move. For sustained momentum, LTC must maintain support above this zone. A breakout above $134 confirms an inverted head and shoulders pattern,
Even though the overall crypto market is continuing its underperformance, some cryptocurrencies are experiencing price surges. One of the notable cryptocurrency among them is the Alchemy Pay’s ACH token. Its price increased by more than 40% this week after dropping from its previous highs recorded at the beginning of February.
