Bitcoin Surpasses $100,000 Amid Crypto Developments
- Bitcoin’s value increased by 11%, reaching $105,174 in January 2025.
- FTX will start creditor payouts in February 2025, with claims totaling $1.2 billion.
- Donald Trump’s memecoin TRUMP rose by 883% on Solana, achieving a market cap of $12.8 billion.
- SEC Chair Gary Gensler stated Bitcoin and Ethereum are not securities.
- MicroStrategy invested $243 million to acquire an additional 2530 BTC.
The cryptocurrency market witnessed significant activity as Bitcoin surged past $100,000 and FTX prepared for creditor payouts. Meanwhile, Donald Trump launched a successful memecoin on Solana, and MicroStrategy expanded its Bitcoin holdings with a substantial investment.
Source (2.6)https://hodl.press/weekly-ftx-payouts-trump-memecoin-pump-fun-lawsuit-bitcoin-100k/?rand=24434
