The FTX Recovery Trust will begin distributing over $5 billion in cash and stablecoins to creditors starting on Friday, with funds expected to land in accounts within the next three business days via BitGo and Kraken. And there’s a chance this wave of repayments will help lift the crypto market, analysts at Coinbase wrote in … Read more
The federal judge overseeing Roman Storm’s prosecution declined to order the Department of Justice to review its records for any materials it might have missed that would help the Tornado Cash developer at the end of a 30-minute hearing Friday morning, though she told the government it should not have any disclosure issues. Judge Katherine … Read more
Bitcoin MagazineAmboss Launches Rails, a Self-Custodial Bitcoin Yield Service Amboss, a leader in AI-driven solutions for the Bitcoin Lightning Network, today announced Rails, a groundbreaking self-custodial Bitcoin yield service. According to a press release sent to Bitcoin Magazine, it’s designed to empower companies, custodians, and high net worth individuals. This allows participants to earn a … Read more
Markets went red on Friday on renewed tariff-related apprehensions. Bitcoin BTC is down 2.1% in the last 24 hours, trading just above $104,000 after briefly hitting a session low of $103,900. The CoinDesk 20 — an index of the top 20 cryptocurrencies by market capitalization, except for stablecoins, memecoins and exchange coins — slumped even … Read more
The cryptocurrency market is experiencing significant downward pressure as global economic uncertainties impact digital assets across the board. Avalanche (AVAX) has been particularly affected, with increased selling occurring at high volume, establishing strong resistance at the $22.35 level. New Jersey’s Bergen County announced on Wednesday that it plans to digitize all property deeds on the … Read more
Trump Media and Technology Group (DJT), the operator of Truth Social, said on Friday it has closed a $2.44 billion fundraising deal to establish a bitcoin BTC treasury. DJT shares erased early morning losses and were up 5.6% on the day following the news. The company sold nearly 56 million shares at $25.72 apiece and … Read more
Bitcoin MagazineBitcoin Builders Exist Because Of Users Builder: Nicholas Gregory Language(s): C++, Rust Contribute(s/ed) To: Ocean Sidechain, Mainstay, Mercury Wallet, Mercury Layer Work(s/ed) At: CommerceBlock (formerly) Prior to Bitcoin, Nicholas was a software developer working in the financial system for banking firms developing trading and derivatives platforms. After the 2008 financial crisis he began to … Read more
The native token of Livepeer LPT, a decentralized artificial intelligence video processing protocol, soared on Friday to its strongest price in four months on exchange listing and other catalyst. The token advanced 150% over the past 24 hours, hitting a session high at $14.20, CoinDesk data shows. The surge defied a slump in the broader … Read more
U.S.-listed spot bitcoin BTC exchange-traded funds (ETFs) recorded their first day of net outflows in 10 trading sessions on Thursday, according to a research report by JPMorgan (JPM). The Wall Street bank estimated that spot bitcoin ETFs saw $358 million of redemptions yesterday, according to a Friday report, with just one, BlackRock’s iShares Bitcoin Trust … Read more
TON’s recent price action reveals the complex interplay between project-specific developments and global economic factors. The token’s dramatic 24-hour range from $3.22 to $3.47 demonstrates how quickly sentiment can shift in cryptocurrency markets affected by international trade tensions. While TON found critical support at $3.22-$3.24, the pronounced bearish momentum that emerged resulted in a 6.2% … Read more
