FTX is set to repay $1.2 billion to creditors on Feb. 18, marking a key step in the exchange’s bankruptcy proceedings.
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The strategic reserve aims to invest in the growth of Bitcoin, Ether and other cryptocurrencies “at the forefront of reshaping global finance.”
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Increasingly more passive crypto holders are turning into active users and interacting with blockchain-based protocols.
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The reporting requirements present a “real risk of pushing users toward decentralized platforms,” according to industry insiders.
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A significant portion of FTX repayments will likely be reinvested into cryptocurrencies, thanks to the promising growth prospect of the crypto market for 2025, industry insiders told Cointelegraph.
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Cryptocurrency holders worldwide are poised to reach a new all-time high in 2025, the CEO of Chainalysis told Cointelegraph.
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The growing network activity is a promising sign in Bitcoin’s battle toward the historic $100,000 mark, which was just $200 away on Nov. 22.
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Onchain data reveals that ETF flows haven’t been the primary causes of sell pressure for Bitcoin.
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Despite record European inflows, Bitcoin has been unable to recover above the $70,000 psychological level since July.
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BlackRock’s Bitcoin ETF has faced its second-ever day of outflows as the price of Bitcoin dipped below $59,000.
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Increasing institutional ETF adoption could bolster Bitcoin price to new all-time highs.
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The approval of the Bitcoin ETFs has offered investors a welcome sign of relief beyond the first publicly traded Bitcoin-based products.
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Corporations could pave the way toward more mainstream crypto industry trust, according to the co-founder of Trust Square.
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Dalio’s views on cryptocurrencies have evolved throughout his tenure at Bridgewater Associates.
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