Defunct Crypto Lender BlockFi Granted Approval to Sell Assets
Suitors for BlockFi’s distressed assets have until February 20 to make their bids following fresh approval from the bankruptcy court.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Why this matters
This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on DecryptRelated market context
Bitcoin’s Q2 selloff split Wall Street as banks bought, hedge funds cut and sovereigns held
Bitcoin fell 14.2% in the second quarter, while institutional Bitcoin ETF holdings rose 7.5% over the same period, climbing from 4...
This Solana treasury company may sell SOL as a DeFi loan ties up more than half its treasury
SOL Strategies may sell part of its Solana treasury to meet obligations, as much of its holdings remain pledged against debt. Acco...
Bitcoin’s spot demand set to turn positive for first time since February
Rising Bitcoin spot demand could stabilize prices, ease miner selling pressure, and signal renewed institutional interest in the c...
Mantle tracks $820M in stablecoins and tokenized assets with new public dashboard
Mantle's transparency initiative could enhance trust and adoption in tokenized finance, potentially reshaping the Layer 2 ecosyste...
Bitcoin breaks $69,000 as short sellers get squeezed for $196 million
Bitcoin's surge highlights the volatility and risk in crypto markets, where geopolitical events and trader behavior can trigger ra...
Bitcoin Whales Add 43,000 BTC, Ending Months-Long Selling Spree
Large bitcoin holders added roughly 43,000 BTC worth about $2.75 billion over the past 60 days, according to Cryptoquant, ending m...