FTX will begin repaying $16 billion to customers and creditors starting January 3, 2025. Creditors are expected to recover up to 119% of their claims. FTX, the cryptocurrency exchange that filed for bankruptcy in November 2022, is planning to start repaying its debt to creditors for $16 billion on January 3rd, 2025. The move marks…
As the 2025 horizon draws near, the Solana price forecast shows potential for significant growth, with predictions suggesting a rise to $400. As 2024 goes down, SOL is poised for further advancements despite recent market fluctuations. This optimism is fueled by expectations of a dynamic year ahead for cryptocurrencies, particularly altcoins, which could see unprecedented…
The continuous evolution of the internet has changed it from Web 1.0 (the read-only version) to Web 2.0, which is social and participatory. At present, the latest Web 3.0 moves a step further by offering decentralization and giving users the control over their data while crypto and blockchain sectors are developing products for this sector….
Turkey and Saudi Arabia won’t join BRICS as both nations pulled back their membership plans. Trump’s planned return and threats of heavy tariffs on nations moving away from the U.S. dollar have made countries hesitant to join the economic bloc. Turkey has withdrawn its interest in joining the BRICS economic alliance. Turkey’s decision aligns with Saudi…
A few crypto tokens often go against the odds, making heavy returns despite the market crash. One such crypto made 17,000% returns for a crypto trader after its price blew up within an hour. Interestingly, the multi-billionaire Elon Musk has played a major role in this, shocking everyone. Let’s understand what’s happening and how Elon’s…
Cardano ADA is facing pressure, trading at $0.8754, and analysts are focused on the crucial support level of $0.85. Despite ADA’s recent dip, whale accumulation is increasing, with over 20 million tokens being purchased in recent days. Crypto investors and traders are keeping a close watch on Cardano’s native digital asset ADA as the Foundation…
Agentic AI platform ai16z’s native token has rallied following the project’s plans to launch its own Layer-1 blockchain. ai16z (AI16Z) rose 38% to an all-time high of $1.77 on Dec. 31, while its market cap surged from $1.4 billion to…
The competition among top cryptos intensifies as the price movements of BNB, RBLK, and XRP could reshape the market. Investors are closely watching XRP and BNB for indications of dominance, but rising interest in Rollblock could disrupt the status quo. As the race heats up, these dynamics highlight the evolving trends and opportunities within the…
AI16Z price has seen a 30% increase in the last 24 hours, driven by a crypto whale’s investment of $4.34 million in tokens. This crypto whale activity reflects a growing market belief in this AI token’s potential, suggesting a possible sustained rally for the cryptocurrency. The focus on AI agents and recent crypto whale accumulation…
Ripple’s (XRP) price activity has been sensational this month. Despite a recent 8% drop, XRP remains a top altcoin. During this turmoil, an XRP whale sold 50 million XRP worth $87 million on a major market. The whale invested a small portion of this cash in a rising $0.175 DeFi cryptocurrency with a $17 valuation,…
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