FTX’s 2-year repayment delay is a ‘win,’ claims trader who predicted FTX’s collapse

A crypto trader and marketing executive who correctly predicted FTX’s collapse said FTX creditor repayments coming a little over two years after the incident is a “win” — all things considered. “I thought it would take longer, just because there’s so many jurisdictional issues, you’re working with so many different governments, different levels of enforcement,…

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FTX’s 2-year repayment delay is a ‘win,’ claims trader who predicted FTX’s collapse

A crypto trader and marketing executive who correctly predicted FTX’s collapse said FTX creditor repayments coming a little over two years after the incident is a “win” — all things considered. “I thought it would take longer, just because there’s so many jurisdictional issues, you’re working with so many different governments, different levels of enforcement,…

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States likely to adopt Bitcoin reserves first: Report

States are likely to adopt Bitcoin (BTC) reserves before the US federal government does, Senator Cynthia Lummis reportedly said on Feb. 28 during the Bitcoin Investor Week conference in New York.  “My bets are that you’ll see a state have a Bitcoin strategic reserve before the federal government,” Lummis said, according to a Bloomberg report. …

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Competitors want to ‘kill Tether,’ most altcoins ‘won’t make it’ in 2025: Finance Redefined

Tether’s competitors are exerting increasingly more pressure to push the world’s largest stablecoin issuer out of the crypto market, including political pressure aimed at reducing the firm’s leading market share. In the wider crypto markets, analysts are suggesting that most cryptocurrencies won’t see a widespread “altcoin season” rally in 2025, and only select tokens with…

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BlackRock adds BTC ETF to $150B model portfolio product

BlackRock, a global investment firm with $11.5 trillion in assets under management, has added its Bitcoin exchange-traded fund (ETF) to its model portfolio product, according to a Feb. 28 report from Bloomberg. Portfolios that allow for alternative assets will be able to put a 1%–2% allocation into the firm’s iShares Bitcoin ETF Trust (IBIT), potentially…

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