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FTX repayments are finally happening. After months of uncertainty, customers are set to get their money back starting Feb 18.
Here’s what else that’s making waves this week 👇
TLDR
🟢 The market is up by 0.95%
🏧 FTX to start customer repayments on Feb 18
🪙 Coinbase Derivatives set to launch Solana ($SOL) futures
🏦 Fed Chair Powell: Banks can serve legal crypto customers
🌍 Crypto․com approved to operate across the EEA
🇭🇰 Hong Kong recognizes BTC & ETH for investment visas
☺️ 21Shares plans to introduce staking for its Ethereum ETFs
Market Overview
- Market cap $3.29T
- Bitcoin dominance 58.7%
- Trading volume $104.4B
- Gainers vs Losers 46% vs 54%
Top news this week
21Shares plans to introduce staking for its Ethereum ETFs
Ethereum staking in ETFs moves forward as Cboe files for 21Shares approval, awaiting SEC decision. Potential inflows could boost ETH.
Coinbase Derivatives set to launch Solana ($SOL) futures
Coinbase Derivatives launches Solana (SOL) and Hedera (HBAR) futures on Feb 18, boosting institutional adoption amid a pro-crypto U.S. shift.
Fed Chair Powell: Banks can serve legal crypto customers
Powell confirms banks can serve crypto clients, ensuring fair access amid regulatory clarity and ongoing Fed policy reviews.
Crypto․com approved to operate across the EEA
Crypto.com secures MiCA license, expanding services across Europe and advancing global regulatory compliance in 2025.
Hong Kong recognizes BTC & ETH for investment visas
Hong Kong allows Bitcoin and Ethereum as proof of wealth for investment visas under its New Capital Investment Entrant Scheme.
FTX to start customer repayments on Feb 18
FTX to begin creditor payouts on Feb. 18, 2025, via Bitgo and Kraken after nearly three years of bankruptcy proceedings.
Top Trends This Week
Top Gainers This Week
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Disclaimer
None of this is financial advice. This blog post is strictly educational and is not investment advice or a solicitation to buy or sell any assets. Always do your own research before making any financial decisions.
