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
Jupiter (JUP) is currently trading at $0.7365, marking a 13.01% decline in the past 24 hours. Its market capitalization now stands at $1.94 billion, down by 12.21%. Meanwhile, the trading volume surged by 38.93% to $342.72 million, resulting in a market cap ratio of 17.64%. Jupiter shows immediate support at
Ethena (ENA) dropped to $0.4251 before stabilizing at $0.4278, marking an 11.02% decline in the last 24 hours. The token’s market cap decreased by 10.99% to $1.33 billion, while its 24-hour trading volume fell 21.14% to $221.1 million. The fully diluted valuation (FDV) stands at $6.41 billion, with a total
Trump’s pro-crypto stance is reshaping the industry. Reports suggest the Trump family and associates earned nearly $100 million from $TRUMP token trading fees. His victory over Kamala Harris was a pivotal moment for crypto enthusiasts. Many expected his administration to push crypto-friendly policies. While some policies have supported the sector,
Ethereum (ETH) is struggling as its price falls 1.07% to $2,747.84. The market cap has dropped 1.06% to $331.19 billion. Trading volume has declined 5.28%, now standing at $28.58 billion. The market cap ratio is 8.83%, indicating moderate liquidity. Ethereum has been under selling pressure, failing to break key resistance
Ethereum (ETH) experienced a sharp decline, dropping to a low of $2,159.28 before slightly recovering. At present, ETH is trading at $2,574.83, marking a significant 16.93% drop in the last 24 hours. The cryptocurrency’s market capitalization stands at $310.15 billion, reflecting the broader market downturn. Meanwhile, the 24-hour trading volume
Bitcoin (BTC) recently dipped to $91,242.89 and is trading at $94,297.01, marking a 5.93% decrease over the past 24 hours. The current market cap is $1.87 trillion, reflecting a 5.92% decrease. However, trading volume surged by 175.69%, reaching $96.08 billion, indicating heightened market activity despite the price drop. BTC remains
Bitcoin price has dropped to $99,381, reflecting a 1.95% decline in the last 4 hours. Its market cap now stands at $1.97 trillion, maintaining a market cap-to-volume ratio of 2.03%. Trading volume has surged by an impressive 88.19% in the last 24 hours, reaching $40.65 billion. This sharp increase in
Ethereum (ETH) is currently trading at $3,330.61, reflecting a 9.40% decline over the past 24 hours. The market capitalization stands at $401.25 billion, down 9.41% during the same period. Trading volume surged by 71.15% to $37.19 billion, indicating heightened market activity. The market cap ratio has risen to 9.22%. Ethereum’s
Galaxy Digital deposited 4.46 million ENA ($4.92 million) to Binance nine hours ago, continuing a major selloff. Over the last 29 hours, they offloaded 10.85 million ENA ($12.4 million) at an average price of $1.144, generating a $2.37 million profit. In total, three whales, including Galaxy Digital, have transferred 25.81
