{
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FTX to distribute 1.2 billion dollars to creditors after Trump inauguration

FTX is set to begin distributing over $1.2 billion to creditors, starting with users owed up to $50,000, after a deadline on January 20, coinciding with Donald Trump's inauguration. This repayment plan, approved in October 2024, aims to reimburse 98% of users at 119% of their declared funds, despite concerns over fluctuating cryptocurrency prices since the exchange's collapse. The repayments could influence market volatility, with mixed reactions expected from investors based on their risk appetites.
Cointelegraph
United States Dollar Kraken Energy Corp. Yu Feng Sunil Chhetri Donald Trump Show more
Finance & Economy, Market Report
10:37 13.01.2025

bitcoin ecosystem evolves with new smart contracts and token standards

Bitcoin is navigating a volatile landscape as it approaches key macroeconomic data releases and the US Presidential inauguration, with prices hovering around $93,000. The Federal Reserve's hawkish stance and rising US dollar strength pose challenges for crypto markets, while new initiatives like Nubit aim to enhance Bitcoin's programmability and asset standards. Amidst this, on-chain analytics suggest a potential shift in market sentiment, indicating that Bitcoin sellers may be losing strength.
Cointelegraph
CME Group Inc. Yu Feng Tony Severino
Crypto, Market Report
10:03 13.01.2025
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