Tag: liquidate
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Unprecedented Bitcoin Miner Sell-Off: Insights from Bitfinex’s Latest Report
In a comprehensive weekly on-chain report released on February 5, Bitfinex unveiled significant insights into the current state of Bitcoin mining and its implications...
Bankrupt Firms 3AC and BlockFi Reach Counterclaim Settlement—But Details Are Sealed – Decrypt
A judge approved a settlement of the counterclaims between bankrupt crypto hedge fund Three Arrows Capital and defunct crypto lender BlockFi yesterday.But the details...
What’s Driving Bitcoin’s Recovery to $42,000+? Whale Interest Peaks in New Memecoin
In recent days, the cryptocurrency market has witnessed a significant resurgence, with Bitcoin reclaiming its position above the $42,000 mark. This...
Weekly Recap: Crypto Enforcement, Ripple Hack, And FTX Plans – CryptoInfoNet
This week saw a surge in global crypto enforcement actions, with the U.S., Germany and Hong Kong taking center stage. Ripple co-founder and chairman...
FTX Seeks to Liquidate $1.4 Billion Anthropic Stake Amid Bankruptcy Proceedings
FTX seeks court approval to divest its $18 billion stake in Anthropic, part of its post-collapse asset liquidation strategy, to repay customers and fulfill...
Genesis Global Capital Moves to Liquidate $1.6 Billion in Grayscale Trusts Amid Bankruptcy
Genesis Global Capital has petitioned the U.S. Bankruptcy Court to sell off its Grayscale Bitcoin, Ethereum, and Ethereum Classic Trust holdings, totaling approximately $1.6...
Dormant Ether Address Awakens After 8.5 Years, Realizing A $1.1 Million Profit
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In a surprising development, a dormant Ethereum (ETH) address, inactive for 8.5 years, has sprung to life, causing ripples in the...
FTX files motion to offload $1.4 billion stake in AI startup Anthropic
Defunct cryptocurrency exchange FTX has filed a motion seeking court permission to divest its 8% stake in artificial intelligence company Anthropic Holdings.The move is...
‘Crypto King’ Partner Sentenced to 5 Months in Prison for Contempt of Court
Colin Murphy – an associate of Canada’s notorious “Crypto King” Aiden Pleterski – was sentenced to 5 months in prison on Friday for...
Celsius Begins Asset Distributions To Customers As Court Approves FTX’s Repayment Plan – The Defiant
FTX’s creditor repayment plan was approved on the same day that Celsius began distributing assets to its former users.Celsius and FTX, two of the...
Higher Prices Incoming for Crypto As Markets See Institutional Adoption and New User Onboarding, Says Ari Paul – The Daily Hodl
The co-founder and chief investment officer of digital asset investment firm BlockTower Capital says conditions look ripe for crypto to keep trending higher in...
On-Chain Indicator Suggesting Bitcoin Holders Very Reluctant To Sell Coins Despite Post-ETF Correction: Glassnode Analyst – The Daily Hodl
An on-chain Bitcoin metric is suggesting that holders of BTC currently have very strong hands and are hesitant to let go of their coins,...