Bitcoin has rocketed past 109k, smashing ATHs! Where's it go | Ismail Lovely on Binance Square

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Bitcoin has rocketed past 109k, smashing ATHs! Where's it going next?Drop your prediction for this week's $BTC closing price in the comments of this post 👇
🎁The top 3 closest predictions will win 300 USDC, 150 USDC, and 50 USDC. Jump in and share your prediction now! 
*Campaign Period: 2025-01-20 07:30 to 2025-01-26 20:00 (UTC)
#BTCBreaksATH 

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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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#XRPETFIncoming? According to Odaily, the New York Stock Exchange (NYSE) Arca has filed a 19b-4 document, aiming to convert Grayscale's XRP Trust into a spot Exchange-Traded Fund (ETF). The trust currently manages assets worth approximately $16.1 million. This filing represents the second step in a two-part process for applying for a spot crypto ETF with the U.S. Securities and Exchange Commission (SEC). The exchange submits the 19b-4 document to the SEC to propose amendments to existing rules, allowing the ETF to be traded. This step is crucial in the ETF approval process, and once the SEC approves the document, it will be published in the Federal Register, initiating the approval procedure.

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#DeepSeekImpact IS THIS EVEN LEGAL? Using a DeepSeek, I built a trading bot That made me $89,000 in just 24 hours Here’s how YOU can create your own trading bot🧵👇 Just yesterday, deepseek dropped their new AI model, R1 It’s like ChatGPT and Claude but with one huge difference — it’s free and fully open-source Game changer? Absolutely Please support this thread with your like and retweet, it will motivate me to look for more alpha! Follow me @CryptoCevo and bookmark this to not lose it later🧾 Naturally, I couldn’t resist I built a bot that hooks straight into both GMGN API and DeepSeek API Now it handles real-time trading and analysis — basically a free GRIFFAIN on steroids

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DeepSeek's disruption of global computing power has sent shockwaves through the industry, causing investors to question AI's profitability and the soaring demand for advanced tech chips. How might this shift affect the cryptocurrency market? What does this mean for the future of the AI sector? Create a post with #DeepSeekImpact or the $ETH cashtag and check-in to earn Binance points. (Press the “+” on the homepage and click on Task Center) Activity period: 2025-01-28 08:00 (UTC) to 2025-01-29 08:00 (UTC) Remember points rewards are first come first serve so be sure to claim your points daily! #DeepSeekImpact $ETH

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