Celsius Network, the crypto lending platform that filed for bankruptcy in July 2022, plans to begin the second payout to eligible creditors. As the bankruptcy proceedings are ongoing, the court document discloses that the platform’s distribution is estimated at $127 million in liquid crypto assets. It brings total recoveries to
Stellar (XLM) has experienced a significant shift in market dynamics following its impressive 100% surge last week. The cryptocurrency’s derivatives market shows clear signs of cooling, with Open Interest (OI) dropping dramatically from its all-time high of $339 million to $209 million, signaling a potential end to its recent bullish
Pepe Coin gripped the cryptocurrency world in 2023, producing spectacular profits that helped early adopters become billionaires. However, its trajectory since then has been less extraordinary, since hype-driven expansion has naturally plateaued. While Pepe Coin still has the potential for small profits, its days as a life-changing investment appear to
Donald Trump’s post-election narrative isn’t just about politics—it’s making waves in the crypto world. Market intelligence firm Arkham Intel reports that Trump’s cryptocurrency portfolio, worth $6.9 million, has seen significant growth since his November 5 presidential victory, fuelled by a strong market rally. Interestingly, while Bitcoin (BTC) has been a
EverWonder Studio and BZ Entertainment made the announcement today that Crypto.com has secured title sponsorship for the eagerly anticipated Crypto.com Showdown. This event is scheduled to take place in Las Vegas on December 17, 2024, and it will feature PGA Tour players Rory McIlroy and Scottie Scheffler competing against LIV
While the crypto market is contending with its recent downward movement, the sector has seen diminished regulatory drama this week. This past day has seen the Donald Trump administration planning to extend the role of CFTC within the crypto industry. Notably, the Oracle Corporation has stirred market attention on the
One of the largest crypto asset management companies, Bitwise has proposed a mix-crypto ETP consisting of both Bitcoin and Ethereum, weighted by market cap. NYSE Arca filed a 19b-4 form to list this product. Bitwise is a crypto specialist asset manager with more than $11 billion in client assets and
American television personality Jim Cramer clarified his stance on cryptocurrency on his latest show. Cramer endorsed owning crypto as a hedge against inflation and mentioned it could save investors from the “government’s busted budget”. Being known for his outspoken and unapologetically opinionated nature on financial topics, his crypto views are
President-elect Donald Trump’s forthcoming administration plans to reshape the regulatory framework for cryptocurrencies in the United States by granting the Commodity Futures Trading Commission (CFTC) authority over digital assets, including Bitcoin and Ethereum. If Congress approves, the CFTC’s expanded role will regulate the spot markets for digital commodities and oversee
In the crypto universe, crypto staking has become a popular way to earn passive income in this digital era. Among all the options out there, CryptoBox is the top player, offering the best benefits, security, and rewards for both new and experienced crypto investors. This article will compare CryptoBox with
