Court Approves $1.9B Reserve Release, Enabling Next FTX Distribution
FTX secured court approval to reduce its disputed claims reserve by $1.9 billion, enabling faster payouts to customers and creditors starting September 30, 2025, via designated service providers.
Block joins S&P 500, becomes third Bitcoin holding firm in the index
Block joins S&P 500, becoming the third Bitcoin-holding firm in the index alongside Tesla and Coinbase, with 8,584 BTC. Its stock rose 10.7% post-announcement, though shares remain down 13% YTD.
Weekly AI Predictions: Grok’s Forecast for BTC, SOL & XRP
Grok’s weekly crypto forecast predicts Bitcoin could hit $130K, Solana may rally to $250, and XRP might surge past $4. Bitcoin Hyper ($HYPER) is highlighted as a potential breakout altcoin.
Another One: Japan’s Kitabo Turns to Bitcoin for Treasury Reserves
Japanese firm Kitabo adopts Bitcoin for treasury reserves amid financial losses, joining other companies using BTC as a hedge against currency devaluation and for cross-border services.
FTX prepares third round of distributions as court frees up $1.9B in claim reserves
FTX sets September 30, 2025, for its third creditor payout round, with $1.9B freed from disputed claims reserves. BitGo, Kraken, and Payoneer will handle distributions after KYC verification.
Crypto ‘control’ takes center stage at Roman Storm trial
IRS agent testifies in Roman Storm’s trial, alleging control over Tornado Cash funds. Defense challenges evidence, may seek mistrial. Case focuses on money laundering and sanctions violations.
Ozzy Osbourne’s NFT Collection Ups In Value After Rocker’s Death
Ozzy Osbourne’s NFT collection, CryptoBatz, surged 400% in value after his death, though prices later dropped 10%. The 2021 collection features unique digital art tied to his rock legacy.
Ethereum to Hit $10K and ‘Tear the Market a New Asshole’, Says Arthur Hayes – Decrypt
Arthur Hayes predicts Ethereum will surge to $10K due to U.S. credit expansion, citing institutional interest and ETF inflows. ETH recently hit a 2025 high but remains below its 2021 peak.
Tether Reveals Massive Investment Portfolio of Over 120 Companies in Crypto, Fintech, Social Media and More – The Daily Hodl
Tether discloses its investment portfolio of over 120 companies across crypto, fintech, and social media, funded by its $13.7B profits, aiming to promote decentralization and innovation.
Ethereum whales make massive moves: Is this your cue to buy ETH?
Ethereum whales and institutions are accumulating ETH amid price consolidation, with notable purchases totaling millions. ETH price remains flat near $3,650 support, with potential for an 8% drop or rally to $4,000.
