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avaevans084

@avaevans084

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avaevans084
@avaevans084
Ether has yet to stage a significant recovery in the current cycle, with the price remaining around 44% below its all-time high of above $4,890 recorded three years ago in November 2021.
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avaevans084
@avaevans084
Ether has yet to stage a significant recovery in the current cycle, with the price remaining around 44% below its all-time high of above $4,890 recorded three years ago in November 2021.
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emma63taylor
@emma63taylor
Cryptocurrency investor optimism is palpable ahead of US President-elect Donald Trump’s inauguration on Jan. 20, which is expected to bring more regulatory clarity to the industry.
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emma63taylor
@emma63taylor
Adding to the positive outlook, the bankrupt FTX exchange is preparing to repay over $1.2 billion to its users after Trump’s inauguration, which is seen as a significant liquidity event for the crypto market.
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emma63taylor
@emma63taylor
XRP rose to its highest level since January 2018 as optimism toward emerging crypto regulations overcame concerns raised by the latest legal appeal filed by the SEC.
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charlotte9586w
@charlotte9586w
The rally came even as the SEC filed an appeal on Jan. 15, challenging a July 2023 ruling by District Judge Analisa Torres that found XRP sales to retail investors did not constitute unregistered securities. The SEC is seeking to have those retail sales classified as such.
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charlotte9586w
@charlotte9586w
Despite the SEC’s appeal, the market has favored the partial legal victories secured by Ripple Labs in the long-standing case, according to Ryan Lee, chief analyst at Bitget Research.
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taylorrose0047
@taylorrose0047
These partial legal victories, paired with investor optimism for more crypto regulatory clarity, are the main drivers of XRP’s price rally, the analyst told Cointelegraph.
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taylorrose0047
@taylorrose0047
FTX is preparing to distribute more than $1.2 billion in repayments to the bankrupt former cryptocurrency exchange’s users.
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avaevans084
@avaevans084
FTX, once the world’s second-largest centralized cryptocurrency exchange (CEX), is set to begin repaying users who have been unable to access their funds for over two years.
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avaevans084
@avaevans084
Exchange users who are owed up to $50,000 worth of digital assets have until Jan. 20 to fulfill their repayment requirements.
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avaevans084
@avaevans084
FTX will likely start repaying claims of up to $50,000 after Jan. 20, according to FTX creditor Sunil, who is part of the largest group of more than 1,500 FTX creditors, the FTX Customer Ad-Hoc Committee.
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avaevans084
@avaevans084
FTX will likely start repaying claims of up to $50,000 after Jan. 20, according to FTX creditor Sunil, who is part of the largest group of more than 1,500 FTX creditors, the FTX Customer Ad-Hoc Committee.
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avaevans084
@avaevans084
Exchange users who are owed up to $50,000 worth of digital assets have until Jan. 20 to fulfill their repayment requirements.
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avaevans084 pfp
avaevans084
@avaevans084
FTX, once the world’s second-largest centralized cryptocurrency exchange (CEX), is set to begin repaying users who have been unable to access their funds for over two years.
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johnson56608
@johnson56608
Any change in leadership at the US Attorney’s office in New York — where many civil and criminal cases against crypto firms and executives are handled — or at the SEC or CFTC could potentially upend existing cases.
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j60058049
@j60058049
Donald Trump has already proposed replacing Gensler as SEC chair with former commissioner Paul Atkins and Damian Williams with Jay Clayton as US Attorney for the Southern District of New York.
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m4197301
@m4197301
In November and December, Ether ETFs saw eight straight weeks of net inflows, including a record-breaking $2.2 billion in the week of Nov. 26, according to data from CoinShares.
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olivia77smith8
@olivia77smith8
Analysts say this could reverse in 2025, especially if ETH’s price performance enhances ETF returns and regulators allow the funds to generate yields from staking.
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isabella22love99
@isabella22love99
BlackRock’s iShares Ethereum Trust (ETHA) led among peers, onboarding upward of $3.5 billion in 2024 net inflows, Farside said. Fidelity Ethereum Fund (FETH) notched second place with $1.5 billion in net inflows.
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