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FTX Surplus: Creditors and Customers to Receive Over 100% Recovery Coinpedia 13 hours ago

FTX Surplus: Creditors and Customers to Receive Over 100% Recovery

FTX has over $16 billion after asset sales, exceeding its $11 billion debt, allowing it to pay interest to 2 million customers and offer certain creditors 142% recovery.

FTX
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Coinotag 16 hours ago

FTX’s Pledge to Creditors: Revised Reorganization Plan Filed Featuring Coin Name and Symbol

FTX has filed an amended reorganization plan, signaling its dedication to crediting its creditors. This step is strategic for FTX's recovery, aiming to regain trust and stabilize operations amidst ongoing financial challenges.

FTX
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Ripple vs SEC Final Judgement Soon : SEC Files Redacted Remedies Reply Brief Coinpedia 19 hours ago

Ripple vs SEC Final Judgement Soon : SEC Files Redacted Remedies Reply Brief

The SEC has filed a redacted remedies reply brief, marking a pivotal moment in its legal battle with Ripple. The final judgment is highly anticipated as it could significantly impact Ripple and similar firms within the cryptocurrency industry.

LocalMonero to shut down P2P exchange after seven years of operation The Block 19 hours ago

LocalMonero to shut down P2P exchange after seven years of operation

LocalMonero, a peer-to-peer crypto exchange, is shutting down after nearly seven years, citing both internal and external factors.

Coinotag 1 hour ago

PEPE Coin (PEPE): How Whale Activity Impacts Market Trends

Despite the downtrend in the crypto market, PEPE Coin, a meme coin, indicates resilience by showing market behavior influenced by whale activity, suggesting it's bucking overall market trends.

Coinotag 27 minutes ago

Binance (BNB) Aids Law Enforcement in Apprehending Cryptocurrency Fraudster

Binance assisted law enforcement to capture a suspect in the ZKasino crypto scam, while bankrupt exchange FTX plans to repay creditors, subject to court approval.

Coinotag 3 hours ago

Latest Update in Ripple (XRP) Lawsuit: SEC Plays Final Card, Requests Injunction!

The SEC has filed its final submission in its lawsuit against Ripple, possibly hinting at a nearing conclusion after more than three years of legal proceedings.

Coinotag 3 hours ago

Bitcoin (BTC) Price Predicted to Hit $150K and $500K: Insights from Fundstrat CEO

Fundstrat CEO Thomas Lee forecasts Bitcoin reaching $150,000 in the 2024 market cycle, maintaining a positive outlook despite market fluctuations and potential US inflation effects.

Coinotag 2 hours ago

Grayscale’s GBTC Faces Outflows as Fed Maintains High Interest Rates: Impact on Crypto Market

Grayscale's Bitcoin ETF, GBTC, sees outflows amid Fed's high interest rates, signaling market doubt. Yet, Susquehanna invests $1 billion, showing mixed sentiment until inflation concerns drop.

Vitalik Buterin’s EIP-7702 Proposal To Fine-tune Account Abstraction On Ethereum Coinpedia 11 hours ago

Vitalik Buterin’s EIP-7702 Proposal To Fine-tune Account Abstraction On Ethereum

Vitalik Buterin proposes EIP-7702 to enhance account abstraction on Ethereum, allowing wallets to function like smart contracts with advanced security and flexibility.

Coinotag 51 minutes ago

US Banking Titans JPMorgan, Mastercard, and Wells Fargo Investigate Ledger-Based Settlement Using Tokenized Assets

Leading US banks JPMorgan, Mastercard, and Wells Fargo are examining blockchain technology to facilitate settlement using tokenized assets through a new Regulated Settlement Network proof-of-concept.

 Susquehanna International Group adds $1B in Bitcoin ETFs to portfolio Cointelegraph 22 hours ago

Susquehanna International Group adds $1B in Bitcoin ETFs to portfolio

Susquehanna International Group has invested over $1 billion into Bitcoin ETFs in the first quarter of 2024, per a U.S. SEC filing.

Coinotag 30 minutes ago

Unraveling the Enigma of Bitcoin (BTC) Whales: Key Insights into Major Crypto Transactions

Bitcoin analyst Willy Woo reports an increase in Bitcoin purchases by 'whales'. Over two months, significant buying occurred while Bitcoin's price was between $60,000 and $70,000.

Coinotag 5 hours ago

Another Crypto Exchange Joins Coinbase on Nasdaq: A New Era for Cryptocurrency Trading

Japan's Coincheck plans to list on Nasdaq via a SPAC, following Coinbase’s precedent and marking a significant step for crypto exchanges in gaining mainstream financial market acceptance.

Coinotag 4 hours ago

Amidst Legal Controversy, Trump Engages with NFT Investors – Impact on Cryptocurrency Market (NFT)

Former President Trump hosted a Mar-a-Lago dinner with buyers of his "Mugshot Edition" NFTs, indicating his entry into the NFT market amidst ongoing legal challenges, sparking global interest.

Crypto Heist Funds On The Move: Poloniex Hacker Transfers $3.4 Million To Tornado Cash Bitcoinist 19 hours ago

Crypto Heist Funds On The Move: Poloniex Hacker Transfers $3.4 Million To Tornado Cash

The stolen funds from Poloniex's November 2023 exploit have been transferred, after six months, to a cryptocurrency mixer, totaling $3.5 million.

Coinotag 15 hours ago

BlockDAG’s New Roadmap Promises 600% Surge in Coin Price, Outperforming BTC (Bitcoin) & ETH (Ethereum) with Groundbreaking Blockchain Innovations

BlockDAG, an emerging cryptocurrency entity, has revised its roadmap with bold predictions of a 600% increase in coin value. This growth is expected to outperform established cryptocurrencies like Bitcoin and Ethereum, thanks to innovative blockchain developments.

Coinotag 6 hours ago

Binance Ends Support for Select Trading Pairs: Impact on Crypto Prices & Coin Symbols

Binance, a prominent cryptocurrency exchange, discontinues support for various futures trading pairs, triggering market speculation about potential price impacts on the affected coins.

Donald Trump to spend day off from trial with NFT buyers: report The Block 14 hours ago

Donald Trump to spend day off from trial with NFT buyers: report

Donald Trump plans to dine with supporters who purchased his NFTs, as per Axios.

Coinotag 2 hours ago

Robinhood CEO Responds to SEC Controversy: Implications for Crypto Trading and Bitcoin (BTC)

Robinhood CEO, Vlad Tenev, reacted to the SEC's Wells Notice linked to the firm's crypto practices, stressing risks to US innovation and consumers.

Altcoins Show Potential for Profitable Investment Bitcoinhaber 22 hours ago

Altcoins Show Potential for Profitable Investment

Recent market analysis using Relative Strength Index (RSI) suggests altcoins like Cardano (ADA), Shiba Inu (SHIB), and XRP are undervalued, indicating promising investment opportunities with potential gains.

Bitcoin Suffers Massive Outflows Amid Crypto Market Uncertainty, Tops $284 Million Newsbtc 7 hours ago

Bitcoin Suffers Massive Outflows Amid Crypto Market Uncertainty, Tops $284 Million

Bitcoin sees $284 million in outflows from investment products, with institutional investors likely spooked by the price dropping below their estimated average purchase price, leading to sell orders. However, new Hong Kong ETFs show promise with substantial inflows, as Ethereum and other altcoins gain investment.

Argentine State-Owned Company Will Mine Bitcoin With Stranded Gas Bitcoinist 12 hours ago

Argentine State-Owned Company Will Mine Bitcoin With Stranded Gas

Genesis Digital Assets and YPF Luz, a subsidiary of Argentina's state-owned energy company, have partnered to create a new Bitcoin mining facility using stranded gas from oil fields in Argentina.

Sophon Hyperchain Nets $60 Million Bitcoinhaber 2 hours ago

Sophon Hyperchain Nets $60 Million

Sophon raises $60 million in Wrapped Ethereum from node sales to build a zkSync Hyperchain ecosystem targeting gaming and AI.

Vaneck Introduces Meme Coin Tracking With ‘MEMECOIN’ Index Bitcoin.com 1 hour ago

Vaneck Introduces Meme Coin Tracking With ‘MEMECOIN’ Index

Vaneck has launched the 'MEMECOIN' index to track the performance of the top six meme coins via its Marketvector Indexes platform. This market cap-weighted index marks the firm's expansion into the meme coin sector.

Coinotag 18 hours ago

Revolut Launches UK Crypto Exchange Featuring Bitcoin (BTC) and Ethereum (ETH) Amidst Digital Asset Boom

Revolut Ltd. launches Revolut X, a new crypto exchange in the UK supporting Bitcoin (BTC) and Ethereum (ETH), leveraging the burgeoning interest in digital currencies despite increasing regulatory oversight.

Coinotag 4 hours ago

Seize the Opportunity: ADA’s 25% Dip Makes it an Ideal Time to Invest in Cardano (ADA)

Cardano's ADA has seen a 25% price drop recently, which may signal a buying opportunity. On-chain metrics from Santiment suggest the timing could be right to invest in ADA.

Coinotag 20 hours ago

Grayscale’s Bitcoin ETF Witnesses Influx: Potential Catalyst for BTC Surpassing $70K Milestone?

Grayscale's Bitcoin ETF has experienced an inflow, hinting at a potential uptick in BTC's market value, a move analysts believe could push Bitcoin past the $70K mark.

Wintermute announces liquidity support for Hong Kong spot bitcoin, ether ETFs The Block 22 hours ago

Wintermute announces liquidity support for Hong Kong spot bitcoin, ether ETFs

Wintermute has partnered with OSL and HashKey to provide liquidity support for spot Bitcoin and Ether ETFs in Hong Kong.

Ethereum Whales Drive Market Movements Bitcoinhaber 12 hours ago

Ethereum Whales Drive Market Movements

Ethereum 'whales' or large-scale investors have caused notable price fluctuations by transferring over 150,000 ETH recently, affecting Ethereum's market movements significantly.

Coinotag 4 hours ago

Boost in Accessibility: Avalanche’s Shrapnel Game Now Accepts SHRAP Coin Purchases via Credit/Debit Cards

Shrapnel, a shooter game on the Avalanche blockchain, introduces card payments for SHRAP token, enhancing accessibility for players unrelated to crypto.

Why Bitcoin ETF Investors Are Suddenly Buying Back Into Grayscale Decrypt 36 minutes ago

Why Bitcoin ETF Investors Are Suddenly Buying Back Into Grayscale

Investors are returning to invest in GBTC, Grayscale's Bitcoin Trust, after previously pulling out billions.

Arbelos Markets raises $28 million, amid growing institutional interest in crypto derivatives The Block 10 hours ago

Arbelos Markets raises $28 million, amid growing institutional interest in crypto derivatives

Arbelos Markets has secured $28 million in seed funding and debt financing, highlighting increased institutional demand for crypto derivatives.

UK Authorities Tailor Crypto Regulations Bitcoinhaber 3 hours ago

UK Authorities Tailor Crypto Regulations

The UK's FCA is developing a crypto regulatory framework that blends elements of traditional and decentralized finance, aiming for a balanced market approach.