FTX Restructuring Plan Leaves Creditors And Users Dumbfounded, Here’s Why
The FTX Debtors estate has filed an amended Chapter 11 to its reorganization plan today, leaving investors its creditors dumbfounded on the defunct exchange’s next steps. According to the...
Bitcoin Price Roaring, Why Is Liquidity Very Low And At Q4 2022 Levels?
The Bitcoin (BTC) price is roaring at spot rates, recently ripping above the July 2023 resistance level. The coin is at new 2023 highs, recovering after plunging in 2022....
Bitcoin Derivatives Action Swells: A Few June Futures Trade for $30K, Deribit Adds $140K...
Bitcoin derivatives markets have been seeing significant demand in recent months at the same time bitcoin spot markets climbed to all-time price highs and surged 149% during the last...
Are Crypto Traders Dumping BNB For FTX’s FTT? Here’s What The Data Says
On Tuesday, November 21, the BNB price faced adverse headwinds following the announcement that Changpeng Zhao, the founder Binance crypto exchange, was stepping down from his role as CEO....
FTX Set To Cash In $884 Million From Majority Stake Sale In Anthropic
Bankrupt crypto exchange FTX will sell two-thirds of its stake in artificial intelligence (AI) startup Anthropic for $884 million, according to a Bloomberg report. The move comes as FTX...
Mystery Deepens In The Sam Bankman Fried Case: Silence Before Potential Appeal
In a twist that signals a potential appeal, Sam Bankman-Fried, known as SBF, the embattled former CEO of FTX, has chosen not to file any post-trial motions. This decision...
FTX Moves $36 Million In Polygon, Avalanche Tokens In Last 24 Hours
FTX Derivatives Exchange has carried out a new round of token transfers, with the latest data indicating that the defunct digital trading company traded about $36 million with Polygon...
Bitcoin Advocate: Morgan Creek Capital CEO Provides Key Insights On Growth
Mark Yusko, the Chief Executive Officer (CEO) of Morgan Creek Capital Management has shared his optimism on Bitcoin (BTC), amid the recent rally encompassing the entire cryptocurrency market.
Morgan Creek...
BlockFi Seeks Permission To Convert Trade Only Assets To Stablecoins In Latest Court Petition
Bankrupt digital asset lender BlockFi has filed a court petition requesting permission to convert the Trade Only assets of its users to stablecoins, thus allowing the withdrawal of these...
