FTX Recovery Trust Announces Fourth Round of Creditor Repayments

Additional reporting by Turner Wright. The FTX Recovery Trust, which oversees the distribution of funds to creditors and former customers of the failed crypto exchange, announced on Wednesday that it will distribute $2.2 billion to creditors on March 31, 2026. Eligible creditors will receive their funds through their chosen distribution provider within one to three

Crypto Fear & Greed Index Rises as $2B in Liquidity Enters Markets

The Crypto Fear & Greed Index remained at 26 on Wednesday, after rising to 28, a day earlier, ending the indicators’ 48-day stretch in the “extreme fear” zone. The Crypto Fear & Greed index tracks market sentiment using volatility, momentum, volume, and social data. Any reading below 25 signals extreme fear, while higher values reflect

Bitcoin Chases $72K After Fed Holds Rates

Bitcoin’s (BTC) bullish start to the week faced a halt on Wednesday, as BTC dropped 3.4% to $70,900 alongside a broader sell-off in US stocks.  The correction followed a hotter-than-expected Producer Price Index (PPI) report, which was 0.7% higher than the 3.4% year-on-year estimate. Despite the sell-off, spot demand remained steady, with buyers absorbing pressure

S&P 500 Perpetual Futures Launch on Hyperliquid with Official Licensing

S&P Dow Jones Indices has licensed its S&P 500 Index to Trade[XYZ] for the launch of a perpetual futures contract on Hyperliquid, in what the company described as the first officially licensed onchain product offering continuous, leveraged exposure to the index for eligible non-US users. According to Wednesday’s announcement, the contract allows eligible non-US traders

Bhutan Continues Selling Bitcoin Stash, As Reserve Falls to 4,400 BTC

The Kingdom of Bhutan has transferred over $72.3 million in Bitcoin (BTC) from its wallets over the last 24 hours, as it continues to sell portions of its holdings. Druk Holding and Investments (DHI), a state-owned investment company that manages the country’s Bitcoin mining operations and crypto investments, has moved more than 973 BTC over

Bitcoin Correlation With Tech Stocks Flipped Negative Since the US–Iran War

Bitcoin (BTC) broke its longstanding correlation with tech stocks as the US–Iran war dragged into its third week. Key takeaways: Bitcoin is outperforming tech stocks amid the US–Iran war, indicating its growing demand as a geopolitical hedge. BitMEX co-founder Arthur Hayes warns that BTC’s renewed upside strength may turn out to be a dead cat

SBI VC Trade Launches USDC Lending Service for Japan Users

SBI VC Trade said users could lend assets directly to its platform, but added that the company may re-lend funds as part of its operations. SBI Holdings’ digital asset arm, SBI VC Trade, said it will launch a USDC lending service in Japan on Thursday, allowing retail users to lend stablecoins to the platform under

Crypto Ties a Liability in Illinois Primary

Not all voters are sold on crypto, and in Illinois, the crypto industry lobby failed to secure a victory, despite spending millions.  On Tuesday, Illinois Lieutenant Governor Juliana Stratton won a primary election for a rare open US Senate seat in her state. She is expected to win in the general election and take the
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