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Crypto News Live Updates Jan 25: BlockFi-SBF $1.2 Bln Ties Exposed

By Ashish Kumar
Published January 25, 2023 Updated January 25, 2023
Crypto News LIVE Updates
By Ashish Kumar
Published January 25, 2023 Updated January 25, 2023

Crypto News Today Live Updates December and Latest News: (25 January 2023) The digital asset market printed red indexes on Wednesday morning. This decline comes after a good green run registered since the beginning of 2023. The biggest cryptos like Bitcoin (BTC) and Ethereum (ETH) prices dropped by 2% and 5%, respectively.

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2023-01-25T12:10:00+5:30
BlockFi $1.2 Bln Ties With SBF Exposed

As reported by CNBC, the secret financial data dated January 14 reveals that BlockFi filings include $415.9 million in assets related to FTX and $831.3 million loan to Alameda. The financial presentation was prepared by M3 Partners which is an advisor to the creditors’ committee. However, a lawyer from the same committee confirmed to CNBC that the financial documents were uploaded in error and declined to comment further. Read More Here…

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2023-01-25T11:30:00+5:30
Bitcoin Drops for the Second Consecutive Day

After registering its largest winning streak with 15 consecutive days of gains, Bitcoin has finally changed course.

It is for the second consecutive day that the BTC price had ended in the negative. As of press time, Bitcoin is trading at a price of $22,635 and a market cap of $446 billion.

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2023-01-25T11:00:00+5:30
Celsius To Repay Creditors By Issuing New Token

Celsius in court on Tuesday, the crypto-lending firm is contemplating the issuance of a new digital asset token in order to compensate creditors as part of its proposal to reorganize & emerge from bankruptcy; as an upcoming regulated cryptocurrency platform.

During a video-court hearing, the attorney for the company, Ross M. Kwasteniet, stated that reorganizing Celsius into a publicly traded company that is properly licensed would bring in more money for creditors, Read More Here…

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2023-01-25T10:30:00+5:30
Crypto Market Crashes

The digital asset market printed red indexes on Thursday morning. This decline comes after a good green run registered since the beginning of 2023. The cumulative market cap has dropped by 3.13% over the past day to stand at $1.02 trillion. Its 24 hour trading volume is marginally down to stand at $56.7 billion.

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