FTX will repay major creditors on May 30 using $11.4B in cash. Repayments are based on November 2022 asset values, not current prices.

The crypto derivatives platform Hyperliquid is stepping up its risk management after a major liquidation event involving the JELLY token. To prevent losses for affected traders, the platform has confirmed that users who held long JELLY positions at settlement will be compensated $0.037555. However, flagged accounts will not be eligible for this refund.

Hyperliquid has dropped by 1% today, with its fall to $14.43 coming after Bitget CEO Gracy Chen criticized the platform for its delisting of JELLY perpetual futures contracts. The post Is Hyperliquid in Trouble? JELLY Token Controversy Sparks FTX 2.0 Fears appeared first on Cryptonews.

Binance has announced the first batch of “Vote to Delist” tokens, adding top altcoins such as JasmyCoin (JASMY), Zcash (ZEC) and FTX Token (FTT). The exchange said these first tokens in the community co-governance initiative on listing and delisting have monitoring tags.

The cryptocurrency market finally recovered after losing nearly a trillion in the earlier crash. However, not all crypto tokens are worth holding, and investors should focus on the best one to benefit from amid these changing market sentiments.

Flow coin, the native token of the Flow blockchain created by Dapper Labs, has garnered significant attention due to its focus on supporting decentralized applications (dApps) and digital assets. With its scalable architecture, Flow aims to provide a user-friendly and decentralized platform, making it an attractive choice for developers, especially in sectors like gaming and NFTs.

Here is how some of your favorite assets concluded the week.

SBF defended layoffs as necessary for business efficiency, aligning with Elon Musk's recent federal employee downsizing rhetoric.

FTX's native token, FTT, has seen a significant 44% surge in price following recent comments made by Sam Bankman-Fried, the founder of the now-bankrupt exchange. The rise, however, seems to be driven by sentiment rather than strong investor backing, leading some to question whether the rally is sustainable.

FTT, the native cryptocurrency for the now-defunct FTX crypto exchange, saw a major surge earlier on Tuesday, skyrocketing around 45% in less than two hours to tap $2.25, following Sam Bankman-Fried's first tweet in two years.

FTXs native token, FTT, saw a sudden surge Monday night after Sam Bankman-Frieds X (formerly Twitter) account posted for the first time in two years. The disgraced FTX founder, currently serving a 25-year prison sentence for fraud and conspiracy, reportedly lacks direct access to social media.

FTX's native token, FTT, has been experiencing a rollercoaster of price action, particularly following recent corrections. Despite FTX beginning payouts to its creditors, the altcoin struggled to regain its footing in the market over the past week.

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After two years of silence, the former CEO of FTX, Sam Bankman, currently imprisoned, has made his return to social media. This unexpected appearance caused a spectacular rise in the price of the FTT cryptocurrency, rekindling investor interest despite the historic collapse of the platform.

FTX Token (FTT) briefly surged following a tweet from imprisoned founder Sam Bankman-Fried, while his parents seek a presidential pardon for him.

Former FTX CEO Sam Bankman-Fried, who is currently serving a 25-year prison sentence, just broke the internet with shocking tweets from prison! The tweets seemed to reference Elon Musk's recent call for federal employees to report their work activities or face resignation.

Sam Bankman-Fried, the disgraced founder of FTX, posted on X for the first time in two years, triggering a 30% spike in the price of FTT, the exchange's native token. In his Feb.

Digital assets continued to underperform amidst global economic uncertainties. The downside escalated over the past 24 hours as Bitcoin plunged to $90K. While altcoins suffered the most, recording double-digit losses on their daily charts, FTX's FTT grabbed attention with wild movements. FTT soared from the lows of $1.5515 to $2.

SBF, who is currently serving a 25-year sentence, has posted a series of threads on X, expressing his thoughts on the recent US federal layoffs. The post Jailed FTX Founder SBF's Tweets Drive Native Token Price, FTT Surges 30% appeared first on Cryptonews.

Former FTX CEO Sam Bankman-Fried said he had not checked his email for the past few hundred days and that being employed is a lot less relaxing than it looks.

Sam Bankman-Fried's tweet on February 25, 2025, spurred market volatility.

Bankman-Fried is currently in the Metropolitan Detention Center, serving a 25-year prison sentence.

Sam Bankman-Fried posted on X for the first time since January 2023, expressing his views on the recent mass layoffs in the US government.

FTT, the native token of the now-defunct exchange FTX, has been under heavy selling pressure recently, with a notable 12.39% drop over the past week. While the asset saw a brief 1.60% recovery in the last 24 hours, the overall market structure suggests a further decline might be on the horizon.

FTT's drop is likely to intensify as bearish signals flash.

From Bitcoin's price recovery near $100K to groundbreaking developments in ETF transparency and significant market events, the crypto landscape continues to evolve with notable shifts in industry dynamics.

FTX Token (FTT) has undergone a tumultuous journey in recent years, with its dramatic fall in 2022 and a low point in 2023. However, after showing signs of recovery in 2024, many investors are eager to know if FTX Token can regain its former glory.

The FTX saga has entered yet another chapter since the exchange collapsed nearly three years ago. The company has begun repaying an estimated $1.2B to its first wave of former FTX users.

The Ethereum Name Service (ENS) is rapidly emerging as a pivotal player within the Ethereum ecosystem, providing users with human-readable addresses for their cryptocurrency transactions. ENS replaces complex Ethereum wallet addresses with user-friendly names, making it easier for individuals and businesses to engage with decentralized platforms.

The insolvent crypto exchange will start repaying its creditors tomorrow, February 18. The initial disbursement will prioritize “Convenience Class” creditors, who claim $50K or less. Meanwhile, attention has switched to the exchange's native token amidst the developments. FTT displays a bullish stance as it surpassed a crucial resistance, targeting another 35% jump.

As per the latest update, the FTX exchange is set to repay creditors starting from the 18th February 2025 (Tomorrow). Reportedly, wallets owed less than $50,000 will receive funds within 3 business days. With this, a major step in the long road to recovery has been initiated.

Despite a well-documented FTX Collapse, its native token FTT's trading volume surges 346.74 % amidst the bankruptcy repayment plan.

Cryptocurrency prices stabilized last week even as geopolitical risks increased and the US published strong consumer inflation data. Bitcoin (BTC) remained below $100,000, while some altcoins like Mantra (OM) and PancakeSwap (CAKE) surged.

In a striking contrast to the broader cryptocurrency market, which has experienced a substantial drop of $53 billion in the past 24 hours, FTX Token (FTT) has emerged as one of the few bright spots. Despite the general downturn, FTT has posted an impressive 7% gain, signaling growing investor interest and bullish sentiment surrounding the token.

FTX Token (FTT) has emerged as the day's top performer, defying the broader market downturn with a rally. As overall trading activity stalls, the total crypto market capitalization has dropped by $53 billion in the past 24 hours.

Cryptocurrencies continue to struggle after sharp declines earlier in the week. This sees Bitcoin (BTC) hover below $100,000 and most altcoins battling to hold onto recent gains. However, Litecoin (LTC) and FTX Token (FTT) are among top gainers on February 6, 2025. Here's an update for the crypto market today.

Crypto prices today mainly continued showcasing a sluggish performance, reverberating investor uncertainty globally. Bitcoin (BTC) price faced market turbulence and stood at $97K, whereas ETH managed to trade in the green territory.

FTX Token (FTT) price is up following news that the exchange will begin payments to Bahamas creditors on February 18. Despite this positive development, FTT is still fighting to maintain levels above $2 as technical indicators show mixed signals.

The recent update regarding FTX Digital Markets' plan to reimburse its creditors has ignited renewed optimism among FTX token (FTT) holders. On February 4, 2025, FTX creditors revealed that the exchange will soon initiate payments to those who lost assets during the collapse in November 2022.

The upcoming days are going to be super interesting for FTX token (FTT) holders as FTX Digital Markets announced it will reimburse its creditors.

With the official statement and the signing of the crypto executive order by Donald Trump, the cryptocurrency market has experienced a strong bullish U-turn. The altcoin segment recorded the highest attention, resulting in the rising speculations of the fast-coming altcoin season.

A recent whale deposit of 282,365 Ethereum Name Service (ENS) tokens worth $9.15 million into Binance has generated considerable buzz in the crypto market, creating both a surge in market activity and significant profits for the whale involved. The tokens were transferred from the ENS DAO: Community Reward Funds wallet, initially valued at $4.78 million, creating a $4.36 million profit for the whale due to favorable market timing.

A whale's $9.15M ENS deposit into Binance, generating a $4.36M profit, sparked a 1041% inflow spike, highlighting strategic timing and growing market interest.

World Liberty Financial acquired four key ENS domains linked to the Trump family. WLFI also invested $48 million in Ether, signaling growing crypto involvement.

Someone suggests that this could mean they are about to launch new memecoin.

One crypto community member speculated that the Trump family may be “planning ahead,” while another said the move solves the Trump family's “memecoin puzzle.”

On Jan. 19, World Liberty Financial, backed by Trump family, bought four Ethereum Name Services (ENS). Is this the first step to a historical crypto reign by Trump?

The struggling FTT token of the famous cryptocurrency exchange FTX is showing signs of recovery today before the $1.2B creditor repayment plan begins. This is the peak moment for this FTX token, whose price has been in a slump, losing nearly 100% of its value since the crash.