abrahamla088

@abrahamla088

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According to an August court filing, Celsius repaid about $2.53 billion to around 250,000 creditors, representing approximately 84% of the assets owed.

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“Celsius counters that the original proofs of claim were sufficient to put the debtors on notice of alleged avoidance claims, and at a minimum constitute protective proofs of claim sufficient to meet the requirements of the Bankruptcy Code,” the filing read.

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The court said that Celsius’ amended proofs of claim filed in July 2024 were improper because the firm didn’t seek leave to amend, the amendments were not sufficiently related to the original claims, Celsius offered no explanation for the delay in filing and the amendments would prejudice FTX’s reorganization.

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“Technically, this is still a dip until Weekly levels are confirmed as lost,” they said.

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Rekt said there are still a few days until the end of the week to “fully confirm” the downtrend, and “lots can change” in the meantime.

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“Bitcoin is developing a bearish engulfing weekly candlestick formation,” pseudonymous crypto trader Rekt Capital told their 518,900 X followers in a Dec. 19 post.

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Bitcoin reclaimed the key $100,000 psychological level shortly after it slipped below six figures, giving one crypto analyst reason for a short-term bearish view, while others dismissed the dip as routine.

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According to Jelle, the price is “about to come back to life” and break out of a falling wedge after forming higher lows on lower timeframes.

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“Solana formed a falling wedge into what used to be resistance and confirmed it as support,” the analyst said in a Dec. 18 post on X.

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Popular crypto analyst Jelle remains optimistic about Solana’s ability to recover from the downtrend and into price discovery.

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On the upside, holding above $200 would signal the inability of the sellers to extend the downtrend. If this happens, SOL could rise above the $215 and $230 supply zone and later to the pattern’s high at $264, invalidating the bearish outlook.

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Losing this level would likely see SOL price drop toward the neckline of the prevailing chart pattern at $130. A daily candlestick close below this level will confirm the continuation of the downtrend, with the next logical move being to the psychological level at $150.

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The relative strength index (RSI) has dropped below the 50 mark, asserting the sellers’ dominance in the market. The bears now focus on the immediate support zone between $190 and $200, embraced by the 100-day EMA and later the 200-day EMA around $175.

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Ahlgren has invested in Bitcoin since 2011. He purchased 1,366 BTC on the crypto exchange Coinbase in 2015 when Bitcoin was trading under $500. He sold about 640 BTC in October 2017 at an average market price of $5,807.53 and reinvested the $3.7 million in real estate.

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An early Bitcoin investor from Austin, Texas, became the first person criminally charged for failing to report crypto capital gains in a case involving about $4 million worth of cryptocurrencies.

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On Nov. 12, Kris Marszalek, the co-founder and CEO of Crypto.com, warned that the crypto market will need deleveraging before Bitcoin can breach $100,000 — nearly a month before BTC crossed the six-figure price tag for the first time.

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In crypto trading, leverage refers to the amount of borrowed funds used for trading positions.

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Dubai-based cryptocurrency trading platform BitOasis secured a new license in its home jurisdiction after being acquired by Indian crypto exchange CoinDCX.

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Crypto ATM operators in Australia are already required to register with AUSTRAC, undertake transaction monitoring and implement Know Your Customer (KYC) information checks on users.

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