FTX Users Battle for $2.2B Claims
FTX faces scrutiny over $2.2B disputed claims amid ongoing creditor repayments, with $6.5B reserves held for future distribution; Payoneer joins as third payment partner. #Update #Crypto
FTX faces scrutiny over $2.2B disputed claims amid ongoing creditor repayments, with $6.5B reserves held for future distribution; Payoneer joins as third payment partner. #Update #Crypto
MEXC launches a $100M user protection fund to cover platform breaches, ensuring quick compensation for affected users. The fund is 2.5% of daily trading volume. #Update #Crypto
Decentralized exchange @PancakeSwap launches one-click crosschain swaps using Across Protocol, enhancing DeFi user experience by eliminating complex bridges and improving security. #Update #DeFi
1inch updates its DEX aggregator, enhancing swap rates by up to 6.5% with improved gas efficiency and user experience. The upgrade aims to boost DeFi accessibility. #Update #DeFi
Michael Saylor dismisses crypto winter fears, predicting $BTC will reach $1M due to increased adoption and limited supply. ARK Invest raises Bitcoin target to $2.4M by 2030. #Update #Crypto $BTC
Ether ($ETH) surged 10% to its highest in 15 weeks, but options traders opened bearish positions as downside risk protection demand increased. #Update #Crypto $ETH
Grok by @xAI helps traders track real-time sentiment on X, identifying early crypto trends and narrative shifts. It enhances market awareness but doesn’t execute trades or manage risk. #Update #Crypto $BTC
Bitwise analysts predict $BTC could hit $200K by year-end, citing U.S. debt and Trump’s tax cuts as key drivers; fair value estimated at $230K. #Update #Crypto $BTC
Guggenheim partners with Ripple to offer US Treasury-backed digital commercial paper on the XRP Ledger, highlighting traditional finance and crypto convergence. #Update #Finance $XRP
A mystery investor opened a $300M 20x leveraged Bitcoin position, sparking speculation about James Wynn’s involvement. The position faces liquidation if BTC drops below $105,780. #Update #Crypto $BTC
The crypto market rose 3.9% to $3.41 trillion, driven by significant short liquidations and continued capital inflows into investment products, boosting confidence. #Update #Crypto $BTC
Ripple Labs commits an additional $5M to blockchain research in APAC, expanding UBRI funding to universities in Taiwan and Australia. #Update #Crypto $XRP
Bitcoin rises 4% to $110,150 as US crypto stocks gain; @Circle’s shares jump 7%, while @RobinhoodApp drops 2% after missing S&P 500 inclusion. #Update #Crypto $BTC
SEC Chair Paul Atkins criticized former SEC Chair Gary Gensler’s crypto approach, proposing an exemption framework to enhance innovation. #Update #Legal