FTX Estate to Begin Repaying Main Creditors $11.4B in Cash by May 2025

The bankrupt cryptocurrency platform FTX aims to initiate repayments to primary creditors by May 30, 2025, deploying an $11.4 billion liquidity pool amassed since its 2022 downfall, Bloomberg revealed this week. Bankrupt FTX Creditors to Receive Payouts Having sought Chapter 11 protection in November 2022 amid a liquidity shortfall and fraud disclosures, the firm has … Read more

Binance debuts centralized exchange to decentralized exchange trades

Crypto exchange Binance has debuted centralized exchange (CEX) to decentralized exchange trades (DEX), allowing customers to use funds from their Binance wallets to execute DEX trades — eliminating the need for asset bridging or manual transfers. According to the exchange, customers can use Circle’s USDC (USDC) and other supported stablecoins to acquire tokens on the … Read more

Bitcoin Mining Made Predictable: Soluna, Luxor Streamline Bitmine’s Growth

Soluna Holdings and Luxor Technology partnered with Bitmine Immersion Technologies to deploy a turnkey bitcoin mining solution that tripled operational capacity while mitigating risks tied to energy volatility and equipment costs. Bitmine Scales Mining Operations 3x via Soluna-Luxor Partnership Soluna Holdings and Luxor Technology Corporation have enabled Bitmine Immersion Technologies to triple its bitcoin ( … Read more

Stablecoins are powering deobanks

Opinion by: Maksym Sakharov, co-founder and group CEO of WeFi  The current markets are experiencing tailwinds as a result of the tariffs imposed by the US administration and retaliatory measures from trading partners. So far, however, market proponents say that Trump’s tariffs are primarily a negotiation strategy, and their effect on businesses and consumers will … Read more

Acting SEC Chair Rejects Enforcement, First US Bank-Issued Stablecoin, and More — Week in Review

Acting SEC chair rejects enforcement, first US bank-issued stablecoin, Bitcoin’s four-year cycle at crossroads, and more in this Week in Review. Week in Review Acting SEC Chair Uyeda called for clear rulemaking over enforcement to provide much-needed guidance to the industry. The first U.S. bank-issued stablecoin on a permissionless blockchain—Ethereum—has launched. Bitcoin’s price remains relatively … Read more

Trump’s trade war pressures crypto market as April 2 tariffs loom

Concerns over a global trade war continue to pressure traditional and cryptocurrency markets as investors brace for a potential tariff announcement from US President Donald Trump on April 2 — a move that could set the tone for Bitcoin’s price trajectory throughout the month. Trump first announced import tariffs on Chinese goods on Jan. 20, … Read more

$65K Bitcoin price targets pile up as ‘Spoofy the Whale’ buys the dip

Bitcoin (BTC) circled $83,000 on March 30 after weekend volatility brought new ten-day lows. BTC/USD 4-hour chart. Source: Cointelegraph/TradingView BTC price action deals snap weekend downside Data from Cointelegraph Markets Pro and TradingView showed BTC/USD gradually recovering after a trip to $81,600 the day prior. With no added selling pressure from the ongoing rout in … Read more

Crypto trader turns $2K PEPE into $43M, sells for $10M profit

A savvy cryptocurrency trader reportedly turned $2,000 into more than $43 million by investing in the memecoin Pepe at its peak valuation, despite the token’s extreme volatility and lack of underlying technical value. The trader made an over 4,700-fold return on investment on the popular frog-themed Pepe (PEPE) cryptocurrency, according to blockchain intelligence platform Lookonchain. … Read more

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