FXStreet Team
FXStreet
FTX exchange is set to begin repaying its creditors on Friday. The bankrupt exchange is set to begin repayment of up to $16.5 billion in assets recovered after the entity’s collapse.
China enforces stricter rules requiring banks to monitor and report risky crypto transactions, aiming to curb illegal cross-border financial activities.
Crypto majors zoomed higher in the past 24 hours as the market entered a widely expected bullish year, with bitcoin (BTC) inching above $95,000 to shake off losses from last week.
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FTX begins creditor payouts on January 3, in agreement with BitGo and Kraken, per an official announcement. Bonk, Fantom, Jupiter, Raydium and Solana are rallying on Thursday, before FTX repayment begins.
Ethereum (ETH) is down 1% on Tuesday following a weeklong consolidation of the general crypto market. The top altcoin could be set for a bullish 2025 if blobs continue their recent trend of burning high amounts of ETH.
PEPE price surged 25% within the last 24 hours, decoupling from the broader crypto market’s year-end volatility. With whales spotted entering last-minute buying frenzy, can PEPE breach the $0.000025 resistance?
Crypto narratives like Real-World Asset tokenization, Artificial Intelligence and Bitcoin as a treasury asset could gain relevance in 2025. Experts say meme coins could emerge as a key vertical next year and strike a cautious note about Solana and XRP ETFs.
Bitcoin price has surged more than 140% in 2024, reaching the $100K milestone in early December. The rally was driven by the launch of Bitcoin Spot ETFs in January and the reduced supply following the fourth halving event in April.
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