FTX Recovery Trust Prepares $1.6B Creditor Payout, Retail Investors First in Line

FTX Recovery Trust payout

There are finally indications that the long-running bankruptcy of the defunct cryptocurrency exchange FTX is improving. Customers who have been waiting almost three years to get their money back will finally get it this September, as the FTX Recovery Trust has announced preparations to disburse $1.6 billion in creditor payouts [Source :Cointegraph “FTX Recovery Trust … Read more

SOL is a stronger bet than ETH since it has key support, according to an analyst

CryptoTrend | Latest Cryptocurrency News and Updates

Altcoin Sherpa emphasizes SOL’s relative strength vs. ETH, while CoinDesk Research identifies important support at $233 and a trading ceiling around $238. According to CoinDesk Data, Solana’s SOL traded at $232.11 as of 12:30 UTC on September 16, remaining pretty stable after a tumultuous day in which values tested both $230 and $238 levels. Analyst’s … Read more

Tom Lee Predicts “Monstrous” Bitcoin and Ethereum Surge as Fed Prepares To Cut Rates

Tom Lee

Tom Lee, co-founder of Fundstrat and chairman of BitMine, predicts a “monstrous move” in Bitcoin (BTC) and Ethereum (ETH) during the next three months, fueled by projected US Federal Reserve rate cuts and greater market liquidity. Speaking with CNBC, Lee predicted that both cryptocurrencies will have significant upward momentum in Q4 2025, when the Fed … Read more

Memecoins Are Under Pressure as SHIB and Dogecoin Slide After Shibarium Loses $2.4 Million in Hack

Memecoins

The BONE token engaged in the sudden loan attempt has almost completely erased the initial spike, as have losses in top memecoins. The top meme tokens Shibarium, a multimillion-dollar hack of Shiba Inu’s layer-2 network, was trading under pressure after investor faith in joke cryptocurrencies was shaken. Shibarium experienced a flash loan attack on its … Read more

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