🤥 FTX Begins Creditor Payouts

The reorganization plan for the bankrupt cryptocurrency exchange FTX, which filed for bankruptcy in November 2022, came into effect on January 3. This marks the beginning of repayments to its users.

👀 Under the reorganization plan, creditors are expected to receive approximately $16 billion. Initial distributions to eligible claimants are set to be made within 60 days.

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🚀 Altseason2025 Is Near

With #Bitcoin dominance dropping, January could mark the turning point for #altcoins!

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📈 #Bitcoin is breaking out of the green channel

This pattern mirrors the last consolidation phase from early 2024.

🌋 $BTC is ready to spike.

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🤑 Elon Musk is at it again: the new character – Percy Verence

The race for creating PERCY tokens has already begun (with the most popular one having a market capitalization of $1.1 million), and it’s likely that they will soon scam.

🥲 When Musk gets bored of playing the game, he will simply dump Percy, and the tokens will crash by 80-90%.

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🥲 Typical trader’s life

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📉 Market Overview

💰 #BITCOIN on Weekly TF, trying to have a decent closing to bullish side but a strong closing is required to have a to sustain the price.

BTC 97 878$
ETH 3619$

Fear Index: 72
Altseason Index: 50
Long/Short Ratio: 69/31
Bitcoin Dominance: 56.98%

📈Top Gainer: HIVE +40%
📉Top Loser: URO -18%

💪 A close above $100,000 would create a Bullish engulfing candlestick, which will shows the buyers confidence. Closing below the $98,000 will be again lead in a ranging market next week.

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🌋 Liquidation Alert:

$1,570,000,000 worth of BTC shorts are set to be liquidated if the price reaches $100,000.

A short squeeze could be on the way! 👀

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🔥 SBR: Polymarket users predict a 75% chance of a new country buying #Bitcoin this year

Which country will follow El Salvador’s lead? 🇸🇻

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🚨 Solana developers have created a quantum-resistant vault on the #Solana blockchain to protect user funds from potential threats posed by quantum computers

This is a significant step forward.

😈 Does this mean the threats from quantum computers are no longer just theoretical?

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📊 INSIGHT: #Bitcoin needs trading volume boost to rally above $105K in January, according to analysts

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