Bitcoin Surges to $26.5K
Bitcoin Price Soars to $26.5K
Bitcoin experienced a significant price increase, reaching $26,500, accompanied by a rise in trading volume. This surge follows recent market volatility and could indicate renewed investor confidence.
FTX Leverages Galaxy Digital for Crypto Asset Management
Bankrupt crypto exchange FTX has partnered with Galaxy Digital to manage its substantial remaining crypto holdings. Galaxy will oversee the sale, staking, and hedging of these assets, a crucial step in FTX's bankruptcy proceedings.
Trump NFTs See Unexpected Spike
Donald Trump's NFTs saw a surprising surge in value following a recent interview with Tucker Carlson. This unexpected price action highlights the influence of media and celebrity endorsements on the NFT market.
Additional Market News:
- Bitcoin and Ether are trading below "maximum pain" levels ahead of a $2.7 billion options settlement.
- Binance's Ether futures open interest has fallen to its lowest point since July 2022.
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