JPMorgan Chase CEO Jamie Dimon said a recession was still possible in the country. The CEO cautioned of a recession a week after the U.S. inked a trade agreement with China in Geneva, Switzerland. Dimon said the recent rollback of tariffs between the U.S. and China was the right thing to do. During an interview … Read more
More than two-and-a-half years after filing for bankruptcy, cryptocurrency exchange FTX is moving forward with repaying users who have not had access to their funds. In a May 15 notice, the FTX Recovery Trust announced that it would begin disbursing funds to the second group of parties eligible under the exchange’s reorganization plan. Starting on … Read more
A presale refers to an early sale of tokens before they are listed on public exchanges. Crypto presales allow blockchain projects and NFTs to offer their tokens to investors before they are launched to the public at very discounted rates. Presales help projects attain funding before token listings and pay for audits, marketing, infrastructure, and … Read more
The FTX Recovery Trust explained on Thursday that it will distribute more than $5 billion to creditors starting May 30, 2025, as part of its court-approved Chapter 11 bankruptcy reorganization plan. Distribution Date Set for FTX’s $5B Creditor Repayment The distribution, the second under FTX’s reorganization plan, will pay creditors across multiple claim classes. Class … Read more
Stablecoin regulation is “the next catalyst” for the crypto industry and could lead to unprecedented “appetite from institutional investors,” according to Ash Pampati, head of ecosystem at the Aptos Foundation. In an interview with Cointelegraph at Consensus 2025 in Toronto, Pampati said that “the whole world outside of the United States […] has already jumped … Read more
This content is provided by a sponsor. Lightchain Protocol AI, a cutting-edge Layer-1 blockchain built to power decentralized artificial intelligence, has officially launched its Developer Grant Program, calling on seasoned developers, innovative startups, and ecosystem builders to join its rapidly growing ecosystem. The initiative aims to attract talent from across the Web3 space by offering … Read more
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Big plans are in view for ETH as the Ethereum Foundation has floated a new security initiative. Per the plans, the goal is to push billions of users to hold assets on Ethereum. Ethereum Foundation (EF), a non-profit supporting the Ethereum Network, has announced a trillion-dollar security initiative. This initiative is an ecosystem-wide effort to … Read more
1) Follow the leader: Growth vs value Another of my daily go-to charts is the ratio between Large Cap Growth and Large Cap Value. The chart below shows the relative strength between these via the SPYG (SPDR S&P 500 Growth) and SPYV (SPDR S&P 500 Value) ETFs. This chart is from FastTrack. Growth, in general, … Read more
Key Takeaways: Solana formed a megaphone chart pattern with a potential $210 price target. Solana’s ecosystem growth highlights renewed investor interest with a $4 billion realized cap increase and 731 million transactions. Solana (SOL) price tested its key resistance at $180 earlier this week, but the altcoin failed to establish a position above the level. … Read more