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Creditors with claims below $50,000 will receive a 118% compensation, according to FTX’s new compensation plan. The plan is still subject to court approval.
A Bloomberg ETF analyst offered some theories on why Grayscale’s spot bitcoin exchange-traded fund logged two straight days of inflows.
Standard Chartered has adjusted its short-term bitcoin forecast to state that the market is improving after reaching a local low of $56,500.
Former Sequoia China partner Cao Xi’s investment firm Monolith Management revealed it owns more than $24 million of BlackRock’s spot bitcoin ETF.The Hong Kong-based firm’s position in BlackRock’s ETF ranks as not only its fifth largest position but is also more than double what it invested in Meta shares.
- 10:07The total number of Ordinals inscriptions cast has exceeded 76 million piecesDune data shows that the total amount of Bitcoin NFT protocol Ordinals inscriptions minted has exceeded 76 million, reaching 76,573,851. The cumulative fee income from Ordinals inscription minting has reached 6,986.8894 BTC, worth approximately $724,620,762.
- 10:05Cathie Wood: Bitcoin is leading a new asset classARK Invest CEO Cathie Wood stated that Bitcoin is leading a new asset class and driving towards a rule-based global currency system.
- 10:04The total market value of cryptocurrency has fallen below 3.51 trillion US dollars, with a 24-hour drop rate reaching 4.8%According to CoinGecko data, the total market value of cryptocurrencies has fallen below 3.51 trillion US dollars, currently reported at 3.507 trillion US dollars, with a 24-hour drop of 4.8%.