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Crypto exchange FTX gets nod to sell $873M of assets to repay creditors

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Nearly $700 million of the $873 million trust assets allowed to be sold by FTX comes from Grayscale’s flagship product, the Grayscale Bitcoin Trust, or GBTC.

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Bitcoin rally could revive treasury buying, but easy-money days over

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“A return to last year’s indiscriminate capital raising looks unlikely,” said Bitfinex head of derivatives Jag Kooner.

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Solana treasury firm SkyAI sells all SOL holdings, launches $201M buyback

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The former medical device maker has liquidated its Solana treasury and is offering to repurchase shares and warrants using its $223.8 million cash holdings.

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Market participants weigh in on SEC’s proposed crypto regulations

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The financial agency is scheduled to close public comments on its ‘Regulation Crypto Assets’ proposed in August.

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