Crypto news

Creditors of the defunct FTX exchange now face a major shortfall. This is, naturally, despite the promise of a nominal payout of 143% – a number so specific it almost felt…optimistic. FTX creditor representative Sunil has confirmed the real recovery rate. He said the actual crypto recovery is between 9% and 46%. So basically, you’re getting a participation trophy made of regret. The final value could be even lower because of the high prices of cryptos at present. Because of course it could. Why wouldn’t it? 🤔

Behold, the Google Trends index, that sacred ledger of human curiosity, scales its search interest from 0 to 100-a metric as fickle as a court jester’s mood. It claims 100 as the pinnacle of obsession, a number so lofty it makes even the most ardent speculator blush.

At this hour, the current XRP price teeters near $2.502, a fragile balance between hope and despair. Trading volumes, like weary travelers, persist across exchanges. The market’s gaze fixates on whether the bulls can muster the strength to sustain this fleeting momentum. A decisive close above $2.50 might herald a breakout, yet repeated rejections could plunge it into temporary despair before another futile attempt to rise. 🕊️💸

Well, it looks like du, a big player in UAE telecom, has officially unleashed its new “Cloud Miner” service. This is basically a Cloud Mining as a Service (MaaS) initiative. The residents of UAE can now mine crypto without breaking a sweat. The best part? You just rent computational power on a subscription basis and voilà – you’re mining. Oh, and don’t worry about servers, du’s got it all covered through its extensive data centers. 😏

This ongoing shift marks Bitcoin’s transition into a more mature and stable market, a feat as improbable as a snowball surviving in the Sahara. Institutional capital now dominates, as on-chain data reveals dormant wallets reactivating like a sleep-deprived bear in spring. The asset’s evolution from speculative play to global financial infrastructure continues, albeit at the pace of a snail with a broken shell. 🐌📈

Romania’s National Office for Gambling, a bureaucratic colossus with a fondness for paperwork, has declared war on Polymarket. The platform, led by the indomitable Shayne Coplan, now finds itself blacklisted for daring to gamble without a permit. Go figure.

These liquidity love letters from central banks signal what traders call a “turning point” for risk assets. Bitcoin, that mercurial diva of the crypto world, watches with bated breath. Will it be the star of the 2026 show or merely a footnote in the annals of financial theater? 🎭💸

XRP, the token of the Ripple network, waltzes higher with a 0.3% 24-hour lift, trapped in a $2.48-$2.53 band. Market cap nears $150.4 billion, while volume hums at $1.99 billion-enough to fund a very extravagant Molière play.

A stir, naturally, erupted amongst the huddled masses of the crypto community. CZ rarely bothers to announce such pedestrian transactions. It’s not as if he’s a common trader, you understand. No, no. It’s… different when he does it. Like a Tsar choosing to buy a pickle.

The so-called “Bitcoin Historian,” Pete Rizzo, chimed in with a snippet of this financial fandango, predicting that Bitcoin might soar to a staggering $3 million. 🤑 Rizzo, ever the archivist of digital dreams, shared Lee’s musings on Bitcoin and Ethereum’s golden destiny. In Lee’s words, as gold climbs, so too shall Bitcoin’s future price-a symphony of greed and ambition. 🎻