FTX Ordered to Pay $12.7 Billion to Customers
Bankrupt crypto exchange FTX must pay $12.7B to customers, per US CFTC. The agreement prioritizes customer repayment.
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Bankrupt crypto exchange FTX must pay $12.7B to customers, per US CFTC. The agreement prioritizes customer repayment.
Recent stock volatility disrupts options strategies that thrived on earnings-fueled swings, affecting profitability.
Ethereum's transaction volume falls to a five-month low as market sentiment sours, with layer 2 solutions gaining traction.
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Tropical Storm Debby brings historic rainfall and catastrophic flooding to Georgia and South Carolina, causing numerous fatalities and widespread damage.
Analysts predict easing selling pressure from volatility-linked funds, which dumped $150 billion in stocks recently, stabilizing the market.
"Bitcoin and crypto assets rebound significantly after a sharp sell-off, showing resilience amid economic concerns and market volatility."
Despite a tough August, two key indicators—180-day options skew and CVD on U.S. exchanges—hint at a bullish outlook for Bitcoin.
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