The FTX Recovery Trust has begun a second round of payouts, distributing $5 billion to eligible creditors. Here’s a breakdown of what this means for the crypto market and what investors should watch.
Category: News
NYC Comptroller Rejects Mayor Adams’ Bitcoin Bond Proposal: A Risky Bet?
New York City Comptroller Brad Lander has rejected Mayor Eric Adams’ proposal to issue a Bitcoin-backed municipal bond, citing concerns about financial risk and investor confidence. This analysis explores the potential market impact and implications of this decision.
BlackRock’s Bitcoin ETF Sees Record Outflow, MEXC Flags Fraud Surge, OpenSea Expands
A look at today’s top crypto news: BlackRock’s IBIT ETF experiences its largest single-day outflow, MEXC exchange reports a significant increase in fraudulent activity, and OpenSea launches its expanded OS2 platform.
ETH & SOL Staking ETFs: Are “Regulatory Workarounds” About to Pay Off?
Analyst suggests REX Shares’ novel approach to Ethereum and Solana staking ETFs could lead to imminent launches. Is this the breakthrough crypto investors have been waiting for?
SharpLink Gaming’s $1 Billion ETH Buy: Ethereum’s Answer to Michael Saylor?
Sports betting platform SharpLink Gaming plans to raise up to $1 billion to purchase Ether, drawing comparisons to Bitcoin advocate Michael Saylor. This move could signal a new wave of institutional adoption for Ethereum.