Third Time, Still Paying: FTX Lines up $1.6 Billion for Creditors
FTX’s bankruptcy estate will ship another $1.6 billion to creditors in a third distribution, turning the long unwind into a steady drip of real money at last. Creditor Glow-up Continues: FTX Tees up $1.6 Billion More Rou...
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 Bitcoin NewsRelated market context
Congress wants to make crypto easier to use and still collect $500 million more in taxes
A House crypto tax overhaul would raise an estimated $500 million while easing taxes on stablecoin payments and small fees. The Ho...
Bitcoin (BTC) Price Prediction: Will FOMC Volatility Break Bitcoin Out of Its $76K Standoff?
The Bitcoin price has pulled back sharply from its recent highs while the upcoming FOMC decision could introduce a fresh volatilit...
Celsius sues BitMEX for $495 million just 11 days before exchange shutdown
Celsius Network’s bankruptcy estate has sued BitMEX over a 2020 liquidation cascade it says cost more than 6,360 Bitcoin. The comp...
CFTC Chairman Says Agency Will Write Crypto Rules After Clarity Act Vote Fails
Bitcoin Magazine CFTC Chairman Says Agency Will Write Crypto Rules After Clarity Act Vote Fails Commodity Futures Trading Commissi...
Strategy still can’t get STRC back to parity
It’s been four months, over 120 days, since Strategy’s dividend vehicle, STRC, broke parity and the executive leadership made gett...
Bitcoin’s Next Fed Test Is Today’s FOMC Meeting: Will $75K Hold?
Markets are pricing roughly a 90% probability of a 25-basis-point Federal Reserve rate hike at the September FOMC meeting, accordi...