Sources
Loading...
Additional media
Loading...
DeepNewz, mobile.
People-sourced. AI-powered. Unbiased News.
FTX is set to distribute $16,000,000,000 to its creditors in Q4 2024, which is in two weeks. This distribution comes after the collapse of FTX, and a significant portion of the liquidity is expected to flow back into the cryptocurrency market. The redistribution of funds is anticipated to have a bullish impact on cryptocurrencies, particularly Bitcoin. Additionally, rate cuts are leading into this significant return of cash to the market.
FTX reportedly distributing $16B to creditors in 2 weeks. If you ask me, this is bullish. I expect a big percentage of this to back into crypto. Onwards ๐
In two weeks, FTX will begin distributing $16 billion to its creditors, set for Q4 2024 These are people who have been sidelined since the FTX collapse Imagine if that money (or part of it) flows back into #crypto You are not bullish enough https://t.co/Al1PmLOabc
INTEL: In two weeks, FTX will begin distributing $16 billion to its creditors, set for Q4 2024
