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UFOalien
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#FTXrepayment , FTX, the cryptocurrency exchange that collapsed in 2022, has begun repaying its creditors. Here's a summary of the situation as of February 19, 2025: Key Points: * Repayments have started: FTX began repayments to creditors on February 18, 2025. * Prioritizing small claims: The first round of repayments focuses on smaller claims, those under $50,000. * $1.2 billion in initial payouts: FTX aims to distribute $1.2 billion in this first phase. * Controversy over valuation: The repayment plan has faced criticism because FTX is using the value of assets from November 2022 (when the exchange collapsed) to determine how much creditors are owed. This means that creditors may receive less than the current value of their assets, especially for cryptocurrencies like Bitcoin that have increased in price since then. * Future repayments: Repayments for larger claims (over $50,000) are expected to begin in Q2 2025. Impact on the Crypto Market: The repayment process could have implications for the cryptocurrency market. Some analysts believe that the influx of funds from repayments could lead to increased trading activity and potentially affect the prices of cryptocurrencies like Bitcoin.
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#TokenReserve Token as reserve will not be considered by any country Nowadays. But in future when Hard money will lose its acceptance, crypto coin take the position of them. We may hope. If it happens we will see a new world.
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$ETH ETH, one of the most reliable coin in crypto world. It is not less promising than BTC. It may be the next BTC.
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$XRP Hi guys, It's a good news coming for us. XRP is gonna pump soon. Just wait and see. Those who wanna do a long, do right now. It will break it's last day high today.
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#TariffHODL 🚨Here are the latest updates on tariffs and their impact on the crypto market🚨 📢Tariff Announcement: President Trump announced plans to impose reciprocal tariffs on several countries, including Canada, Mexico, and China, which has led to increased global trade war tensions. 📈Crypto Market Reaction: The crypto market reacted negatively to the news, with Bitcoin falling to $92,000 and Ethereum dropping 24% to $2,300. The total market capitalization also shrank by approximately 8%. 🔥Liquidations: The market turbulence led to $2 billion in liquidations, with Ethereum traders experiencing $528 million in losses and Bitcoin traders facing $421 million in liquidations. 💪Impact on Crypto Adoption: Despite the short-term disruption, some analysts believe that the tariffs could lead to increased demand for Bitcoin as a hedge against inflation. 🇯🇵Japan's Response: Japanese Prime Minister Shigeru Ishiba expressed optimism that Japan could avoid higher U.S. tariffs, citing the country's significant investment in the U.S. and the American jobs it creates.
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