Best Crypto to Buy as Analysts Think FTX Repayments Could Act as a Tailwind for the Broader Market

FTX Repays $5 Billion in Second Round as Market Eyes Altcoin Season – MAXBIT

Bankrupt crypto exchange FTX has kicked off its second round of repayments to creditors, disbursing over $5 billion to individuals and entities with approved claims. This follows the firm’s initial payout of $1.9 billion and marks a major step in the collapsed exchange’s bankruptcy proceedings. Will FTX Payout Spark a Potential Market Rally? In a...

Best crypto to buy as analysts think FTX repayments could act as a tailwind for the broader market

In search of speculative momentum, traders are increasingly drawn to early-stage tokens like Bitcoin Pepe. The upcoming $5 billion payout from the FTX Recovery Trust could be a shot in the arm not just for major cryptocurrencies but also for speculative plays like Bitcoin Pepe. So far, the...

Liquidity shock set to hit crypto market as FTX unleashes 2% of stablecoin supply in $5B creditor payout

FTX has begun distributing over $5 billion in stablecoins to creditors, unleashing approximately 2% of the total stablecoin supply into the market. FTX is set to release over $5 billion in stablecoins to creditors starting today, May 30. This marks…