BlockFi, the crypto-credit company that almost went bankrupt twice during the crypto crises of 2022, reached an agreement in principle with FTX and Alameda for the payment of $ 875 million. The agreement was also officially stated in court documents. If BlockFi can get this money from FTX and Alameda, it will have the opportunity to pay its customers in full.
Fed chairman Jerome Powell: It seems likely that we will start reducing interest rates this year. For this, though, we'd like to see more convincing data.
Powell: There are as many risks brought by late and slow interest rate cuts as there are early and rapid interest rate cuts. We must strike a good balance here.
Powell: Even though inflation is still above 2%, we've made a lot of progress on that front.
Our wallet, which carries out profitable transactions in general cryptocurrency purchases and sales, made various transfers to the exchange #Binance ;
- He transferred 3.013M $GALA to Binance exchange at 16:20 - Transferred 3.013M $SAND to Binance exchange at 16:16
There is no rule that there will be a definitive withdrawal of the mentioned tokens as a result of the transfer. The wallet owner may want to sell and switch to other tokens. Because after the same wallet sold SHIB, there was a withdrawal on the $SHIB side, but then we saw a serious increase in the SHIB coin.
MicroStrategy, which announced two days ago that it would issue convertible bonds worth $600 million, announced that it had increased the figure to $700 million.
The company, headed by Michael Saylor, will increase the purchases of #Bitcoin with the revenues it will obtain from here.
A new and large Coinbase sale came from ARK Invest
Fund company ARK Invest, which bought Coinbase shares intensively at levels between 30 and 50 dollars, made a new sale of 24 million dollars on Monday. The company's sales since October have reduced the number of COIN shares in its possession by almost half.