Opinion: FTX repayment can be seen as a positive sign of crypto industry recovery

Bitget App

Trade smarter

Cointime2025/02/18 13:11

By:Cointime

according to Cointelegraph, FTX Digital Markets is a subsidiary of the bankrupt cryptocurrency exchange FTX in the Bahamas. The company will repay its debts to the first batch of creditors on February 18, bringing in approximately $1.2 billion in funds. Alvin Kan, Chief Operating Officer of BitgetWallet, stated that the repayment by FTX is seen as a positive signal for the recovery of the cryptocurrency industry. He believes that a large portion of the $1.2 billion repayment may be reinvested in cryptocurrencies, potentially impacting market liquidity and prices.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.

APR up to 10%. Always on, always get airdrop.

Lock now!

Discover four practical ways to mine Bitcoin at home in 2025, from USB miners to compact ASIC rigs.USB Bitcoin Miners: For Hobbyists and LearnersHome-Friendly ASICs: Efficiency in a Small PackageHosted Mining at Home: Remote Hardware, Local ControlRenewable-Powered Rigs: Go Green, Save CostsFinal Verdict: Feasible, But Strategic

Coinomedia•2025/04/13 05:44

Can You Still Mine Bitcoin at Home in 2025?

Shaq Settles $11M NFT Suit, BTC Eyes $100K by June

Shaquille O’Neal settles $11M NFT lawsuit, while Bitcoin eyes a $100K rally by June. Here’s your weekly crypto recap.Shaq to Pay $11M in Astral NFT Lawsuit SettlementBitcoin Eyes $100K by June, Says Analyst ConsensusMarket Roundup: Bullish Across the Board

Coinomedia•2025/04/13 05:44