FTX has initiated customer repayments following its bankruptcy proceedings.
Key Details:
Start Date: February 18, 2025
Priority Group: Customers with claims under $50,000, termed the "Convenience Class," are receiving repayments first.
Repayment Amount: Eligible customers are receiving approximately 118% of their claim value, accounting for interest accrued since November 2022.
Distribution Platforms: Kraken and BitGo are facilitating the fund distributions.
Next Steps:
Upcoming Distribution: A second round of payments is scheduled for May 30, 2025, targeting larger claims and previously unresolved cases.
Action Required: Customers must complete Know Your Customer (KYC) verification, submit necessary tax documents, and select their preferred payout platform via the official FTX Claims Portal.
Important Note: Repayments are based on the USD value of assets at the time of FTX's bankruptcy filing in November 2022. This means customers will not benefit from any subsequent appreciation in cryptocurrency values.
Stay vigilant against potential scams. FTX will never request payment details via email. Always use the official FTX Claims Portal for any actions related to your claim.
For more information and to check your claim status, visit the FTX Claims Portal. #FTXRefunds $BTC
Trump Media & Technology Group has secured approximately $2.44 billion through a private placement, aiming to establish a substantial Bitcoin treasury.
Key Details:
Funding Breakdown: $1.44 billion from stock sales and $1 billion from convertible notes.
Strategic Goal: Positioning Trump Media among the top publicly traded Bitcoin holders in the U.S.
Custody Partners: Crypto.com and Anchorage Digital will manage the Bitcoin holdings.
This move aligns with President Trump's broader initiative to integrate cryptocurrency into national strategy, following his executive order establishing a Strategic Bitcoin Reserve using seized digital assets.
While supporters view this as a step toward making the U.S. a leader in digital assets, critics express concerns over potential conflicts of interest due to the intertwining of Trump's business ventures with federal crypto policies.
Current Bitcoin Price: $104,482 USD
Stay tuned for further developments as Trump Media's Bitcoin strategy unfolds. $BTC
#CEXvsDEX101 — Know the Difference, Trade Smarter! 🔥
💼 CEX (Centralized Exchange): ✅ Easy to use ✅ High liquidity ✅ Fast trades ⚠️ Requires trust in the platform (they hold your keys!)
🌐 DEX (Decentralized Exchange): ✅ You control your funds (no middleman) ✅ More privacy, no KYC ✅ Access to new/early tokens ⚠️ Lower liquidity, slower, more technical
💡 Pro Tip: Many smart traders use BOTH — CEX for speed + DEX for freedom!
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#CryptoCPIWatch $BTC $ETH 🚨 BIG DAY FOR CRYPTO! #CryptoCPIWatch Will CPI Data Send Bitcoin to the Moon or Trigger a Crash? ⏰ CPI Drops Today @ 8:30 AM ET – Buckle up, fam!
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✨ Why It Matters: 📊 CPI = Consumer Price Index → Your inflation report card Lower CPI? ⭐️ Rate cuts coming? ⭐️ BTC and ETH could FLY! Higher CPI? ⚠️ Market panic? ⚠️ Fed might stay hawkish = 🚨 RED candles ahead!
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🔥 Market Snapshot BEFORE the Storm:
₿ Bitcoin: $102,533 (-1.77%)
Ξ Ethereum: $2,453 (-2.69%)
XRP: $2.50 (+4.29%)
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💡 Pro Tips for CPI Day Trading: ⭐ Set those price alerts – Catch the move before it runs! ⭐ Use stop-losses – Don’t let surprise dumps wreck your bag. ⭐ Watch dominance & volume – Big money leaves clues! ⭐ Stay calm, zoom out – Volatility is part of the game.
🚨 #TradeLessons That Could Save Your Portfolio! Don’t just trade — trade like a PRO.
✨ Hook Points for Every Trader: ⭐ FOMO is not your friend – Don’t chase green candles! ⭐ STOP-LOSS = SAFETY NET – One click can save thousands! ⭐ Zoom Out for Truth – The 1D chart reveals what the 15m hides. ⭐ Diversify Wisely – Too many coins = chaos, not strategy. ⭐ 2FA or Regret Forever – Security first, always! ⭐ Trade with Logic, Not Emotion – Feelings don’t fund gains.
Bonus Tip: 📚 Every loss = a lesson. Every win = validation. Write down your trades. Learn from them. Evolve.
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What's YOUR biggest #TradeLesson? Share it below and help the next trader grow!
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Smart money moves FAST. Will you? 💡💰
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