$5B in FTX Funds Are Hitting Wallets—Will Crypto Markets Get a Second Wind?

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$5B in FTX Funds Are Hitting Wallets—Will Crypto Markets Get a Second Wind?On Friday, the estate managing the collapsed crypto exchange FTX announced that its recovery trust had begun disbursing over $5 billion tied to both convenience and non-convenience class claims. As distributions roll out over the following three days, Coinbase Institutional observed in its weekly briefing that this injection of capital could invigorate liquidity across crypto […]

Source: Bitcoin News

#CryptoNews, #Cryptocurrency, #Ftx, #MarketsAndPrices

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