Crypto Currency

FTX to Begin $11.4 Billion Creditor Repayments on May 30

TLDR FTX will begin repaying major creditors $11.4 billion starting May 30, 2025 Claims are valued at November 2022 prices, when Bitcoin was worth 80% less than today Smaller creditors under $50,000 have already begun receiving payments The company faces billions in disputed or fraudulent claims that may delay full distribution Despite controversy over valuation

Published 11 months ago in
FTX to Begin $11.4 Billion Creditor Repayments on May 30

TLDR FTX will begin repaying major creditors $11.4 billion starting May 30, 2025 Claims are valued at November 2022 prices, when Bitcoin was worth 80% less than today Smaller creditors under $50,000 have already begun receiving payments The company faces billions in disputed or fraudulent claims that may delay full distribution Despite controversy over valuation […]
The post FTX to Begin $11.4 Billion Creditor Repayments on May 30 appeared first on Blockonomi…
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Crypto Currency

Bitcoin eyes bullish move to $75,000 where the real fight for recovery is decided beyond Iran pause

Bitcoin continued its upward momentum above $71,000 on Tuesday as investors continued to weigh the market impact of President Donald Trump’s decision to pause planned US attacks on Iranian power and energy infrastructure for five days. Data from CryptoSlate showed that the top cryptocurrency was trading at around $71,185 as of press time…

Published 12 hours ago in
Bitcoin eyes bullish move to $75,000 where the real fight for recovery is decided beyond Iran pause

Bitcoin continued its upward momentum above $71,000 on Tuesday as investors continued to weigh the market impact of President Donald Trump’s decision to pause planned US attacks on Iranian power and energy infrastructure for five days. Data from CryptoSlate showed that the top cryptocurrency was trading at around $71,185 as of press time…
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Crypto Currency

Morgan Stanley Unveils Bitcoin ETP With 0.14% Fee

Key Takeaways: Morgan Stanley opened MSBT, an ETF based on Bitcoin, which tracks BTC based on an index.  The product is available under a low 0.14% fee and institutional levels The post Morgan Stanley Unveils Bitcoin ETP With 0.14% Fee appeared first on CryptoNinjas…

Published 17 hours ago in
Morgan Stanley Unveils Bitcoin ETP With 0.14% Fee

Key Takeaways: Morgan Stanley opened MSBT, an ETF based on Bitcoin, which tracks BTC based on an index.  The product is available under a low 0.14% fee and institutional levels
The post Morgan Stanley Unveils Bitcoin ETP With 0.14% Fee appeared first on CryptoNinjas…
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Crypto Currency

Bitcoin price forecast as traders bet on $80,000 next

Bitcoin trades above $70,700 as derivatives data shows $80,000 calls dominating on Deribit. BTC rebounded to near $72,900 on Wednesday as a US-Iran ceasefire eased oil pressures. Analysts see end of stress cycle, targeting $80,000 if $75,000 breaks. Bitcoin’s resurgence to above $70,000, with intraday highs of $72,900…

Published 17 hours ago in
Bitcoin price forecast as traders bet on $80,000 next

Bitcoin trades above $70,700 as derivatives data shows $80,000 calls dominating on Deribit. BTC rebounded to near $72,900 on Wednesday as a US-Iran ceasefire eased oil pressures. Analysts see end of stress cycle, targeting $80,000 if $75,000 breaks. Bitcoin’s resurgence to above $70,000, with intraday highs of $72,900…
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Crypto Currency

Strategy’s near $2 billion profit on Bitcoin is eclipsed by their losses SEC filing shows

Strategy (formerly MicroStrategy) is claiming its aggressive Bitcoin purchases have yielded a nearly $2 billion gain this year despite the top asset’s clear price struggles. However, a close look at the enterprise software company’s legally binding regulatory filings tells a much redder story: under standard accounting rules…

Published 17 hours ago in
Strategy’s near $2 billion profit on Bitcoin is eclipsed by their losses SEC filing shows

Strategy (formerly MicroStrategy) is claiming its aggressive Bitcoin purchases have yielded a nearly $2 billion gain this year despite the top asset’s clear price struggles. However, a close look at the enterprise software company’s legally binding regulatory filings tells a much redder story: under standard accounting rules…
Read More

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