“Bitcoin’s Lackluster Price Action May Receive A Jolt from this Week’s Macroeconomic Calendar.”, – WRITE: www.coindesk.com
FTX Payout
FTX, Formerly The World’s Third-Largest Digital Assets Exchange, Is Set To Begin ITS FIRST RUND OF CREDITOR PAYOUTS HO Will Receive Full Repayment and A 9% Annual Post-Petition Interest.
While Optimism is High That Recipients Will Rotate This Money Into The Market, Lifting Valuations Accoss the Board, Not Everyone Agrees.
“FTX will Distribute Approximately $ 1.2 Billion to Convenability Class Credites,” Markus Thilen, Founder of 10x Research, Said in A Note to Clients Monday. That’s Amount Is “Too Small To Move The Needle.”
Thielen Said Only $ 7 Billion from The Remaining $ 10.5 Billion Allocated to BIGGGer Credtors Could Be Available for Potential Crypto Investment and Further, Only 50% of the Murna. Thielen Explained that that Could Result in a Net Inflow of Over $ 3 Billion, WHICH IS JUST ONE MONTH OF NET INFLOWS INTO The BITCOIN MARKET.
Mena Theodorou, CO-FOUNDER AT CRYPTO Exchange Coinstash, Expects Small Credtors to Put Some Money Into Solana.
“FTX’s Historic Investments in Sol and the Solna EcoSystem Make It Likely That Some of the Funds Will Flow Back Into the Network Especlami -Cchain Activity and Developer Growth Continuing to Fuel Demand, “Thodorou Said in An Email, Adding Sol Could Potentilly Outperform The Broader Market.
Trump-Musk Call
US President Donald Trump and Billionaire Investor Elon Musk Will Sit Down with Fox News Host Sean Hannity, The Network Announced Friday. The Discussion Will Likely Be Focused on Issues Including Politics, Tariffs, Immigration and Potentilly Digital Assets, All of Which Could Breed Market Volatility.
“Trump is set to speak in an exclusive Interview with Elon Musk on Fox News on February 19 – Just One Day Before The Fomc Meeting on February 20,” Coinstash’s Theodorou Said. “Given Trump’s Increase Alignment With Crypto and Musk’s Close Ties with The Space, This Interview Could Drive Market Volatility, Particularly if they adoption.
Recently, The Trump Administration SAID IT WOURT ASSESS OF THE FEASIIVITY OF A Strategic BTC Reserve, DisappPointing The Bulls Anticipating Swift Action on the Pre-Promise.
Fomc minutes
Wednesday Will Bring the Minutes of the Federal Reserve’s January Meeting WHEN The Central Bank Held Interest Rats Steady. The Bank Said It Was Not in a Hurry to Cut Rates and Wound Want to See More Progress on Inflation.
The minutes are like to repeat that message, especialy as cpi and ppi for the month came in Hotter than expectoned, Denting the CASE for a rate-reduction boost to the US Economy. Plus, Trump’s Tariffs Continue to Raise the Special of Inflation.
Traders Will Scan Minutes to see if policymakers thorough the policy was restrictive, which would mean the Next Move Might Still Be A Rate Cut. However, if the minutes suggest OtherWise, we Could See Seme Valativity in Bonds that Cold Potentilly Weight on Risk Assets, Including Cryptocurrencies.
Consensus Hong Kong
Consensus Hong Kong, Coindesk’s Three-Day Cryptocurrency- and Blockchain-Focused Event, Will Kick Off Tuesday, Featuring a Deep Dive Into The Blockchain and Web 3 Space.
With more than 270 Speakers and Thouxands of Attendees from Over 90 Countries, The Three-Day Affair Will Likely Offer A Unique Perspective on Blockchain Technology and Digital Investing Invest.
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