Reading Time: 2 minutesFTX has recovered $7 billion of the $8.7 billion it owes former customers The second report by the debtor’s group highlighted more mismanagement under Sam Bankman-Fried’s reign of chaos FTX might have been $10 billion in debt by March 2022 The new management in charge of FTX has collected around $7 billion […]

Tron’s network achieves a significant milestone with daily transactions consistently surpassing 10.2 million, indicating high network adoption and activity. Despite the milestone, the price of TRX cryptocurrency struggles to gain momentum, with low demand and limited price movements. Tron (TRX), a distributed software platform, has reached a significant milestone as its network maintains daily transactions […]

Crypto exchange Gemini has initiated crypto transfers for customers affected by Voyager’s bankruptcy, stating that they can transfer their crypto to Gemini and withdraw their funds. According to Gemini, affected Voyager customers can only transfer crypto supported by Gemini, stating…

The post Bitcoin’s ETFs are Likely to be Approved, Circle’s Allaire Claims! appeared first on Coinpedia Fintech News The co-founder and CEO of Circle, Jeremy Allaire, hints at a new trend of Bitcoin exchange-traded funds (ETFs) being accepted as “past concerns” of regulators are now being looked at. ETFs are marketable securities that track an […]

Analysts are expecting a strong price rally for Bitcoin in July, considering over 20% gains consecutively for the past three years in the same month. Bitcoin price could face strong turbulence considering the upcoming options expiry on Friday this week. The world’s largest cryptocurrency Bitcoin (BTC) has been holding above $30,000, however, it needs a […]

Riot Platforms to elevate hashrate capacity to new heights. The firm also secured an option for 66,000 potential machine purchases. Riot Platforms, a major player in the global Bitcoin mining industry, is poised to significantly enhance its hashrate capacity by acquiring 33,280 mining rigs from MicroBT, a renowned manufacturer of essential equipment for cryptocurrency mining.  […]

It’s no secret that the crypto industry is rife with speculation and predictions. As a matter of fact, the price movements of certain coins are driven by this. This is why many crypto enthusiasts and investors pay close attention to expert analysis and predictions. Speaking of speculations, analysts and crypto experts have been following Tezos […]

Ripple engages in a fierce defense against the SEC’s allegations, calling into question the impartiality of SEC employees and raising ethical concerns surrounding former division director Bill Hinman. The XRP community anxiously awaits the judge’s ruling on the summary judgment, expressing frustration with the delay and raising questions about the efficiency of the U.S. judicial […]

ProSahres’ first US bitcoin ETF has seen new record inflows since news of a potential BlackRock ETF.Within just a few days, several million US dollars flowed into the ProShares ETF.Other ETFs for the largest cryptocurrency will follow. The news about a bull run triggered by BlackRock seems to continue to inspire investor sentiment. ProShare’s Bitcoin… […]

The post Circle’s Allaire Optimistic about Approval of Bitcoin ETFs appeared first on Coinpedia Fintech News Circle CEO Jeremy Allaire anticipates regulatory approval for Bitcoin exchange-traded funds (ETFs) as concerns are addressed. He acknowledges the presence of well-established spot markets, regulated custody infrastructure, and robust market surveillance, which increases the likelihood of approval for public […]