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These payments will be drawn from FTX’s $11.4 billion cash reserve.
Just a week after co-founder Andre Cronje revealed that the firm was building a USD-based algorithmic stablecoin offering an annual percentage rate of up to 23%, the company made an abrupt U-turn.
Kalshi argues that its contracts fall under the regulatory domain of the U.S. Commodity Futures Trading Commission (CFTC), not state-level gaming regulators.
Quick Take Bitcoin is up 1.8% above $83,000, with other cryptocurrencies holding relatively steady. U.S. President Donald Trump is expected to make his “Liberation Day” tariff announcement on Wednesday, while details remain undisclosed.
XRP price may record a massive breakout if a 72,500% prediction from a top market analyst comes to reality.
- 07:47An ETH ICO Whale May Have Ended Its Selling Cycle and Started Accumulating, Recently Withdrawing 13,600 ETH from CEXAccording to Jinse Finance, on-chain analyst AI Auntie (@ai_9684xtpa) has monitored that the ETH ICO whale, who originally held 1 million ETH, has withdrawn 13,600 ETH (worth $47 million) from exchanges over the past three weeks after a year-long selling spree. The most recent withdrawal was 15 minutes ago, at an average price of $3,456. It has been more than two years since this whale last accumulated ETH. As of now, the whale still holds 59,718 ETH on-chain, valued at $210 million.
- 07:37Data: A whale withdraws 2,850 ETH worth approximately $10.09 million from an exchangeAccording to ChainCatcher, on-chain analyst Onchain Lens (@OnchainLens) has monitored that a whale address withdrew 2,850 Ethereum (ETH) from an exchange approximately 5 minutes ago, valued at around $10.09 million. This address currently holds 18,111 Ethereum, with a total value of about $64 million.
- 07:22Data: Sui DEX Monthly Trading Volume Reaches $14.265 Billion in July, Setting a New RecordAccording to a report by Jinse Finance, DefiLlama data shows that Sui DEX's monthly trading volume reached $14.265 billion in July, setting a new record high.