$ 1.9 billion of FTX batches to strike the encryption market soon, here is when star-news.press/wp

$ 1.9 billion FTX Captures It can soon enter the encryption market, providing an upward view of encryption prices. This is followed by an advertisement issued by the exchangeless exchange of the decision to undisputed claims, which spoils the way for the next payment.

The market is waiting for the following FTX payments of $ 1.9 billion

in press releaseFTX announced that it had received authority from the bankruptcy court to reduce the reserves of disputed claims by $ 1.9 billion, providing green light for Next payment. The collapsed stock exchange will issue this cash to distribute it to holders of permissible claims. This is a rise in the encryption market, where these bearers can pump this cash into the assets of encryption.

According to the press statement, Next distribution It is expected to start on September 30 later this year. Before that, the date of registration for the following distribution will be August 15 for the permitted claim holders. It should be noted that this represents the third FTX payment in the encryption market.

the first FTX payment of $ 1.2 billion It was in February earlier this year, while the second was in May when Estate Estate distributed $ 5 billion. This next distribution will be made by FTX distribution service providers, including BITGO, Kraken and Payoneer. The famous creditor FTX Sunil Kavuri also commented on this development.

in X postSunil stated that the distribution will be made on FTX claims that exceed $ 50,000. Meanwhile, payment of the demands of less than $ 50,000 will have been allowed since the date of the registry. The uninterrupted public claims will receive 6 parts of $ 1.9 billion.

The payment may coincide with the encryption rate gathering

It is worth noting that the May FTX payment coincides with the encryption market in that month, when the bitcoin price reached a new Absolute (ATH)While Altcoins also hit new local levels during that period. As such, this next payment can again provoke another BTC and other digital assets.

Moreover, September payment also coincides with analysts like Titan of Crypto that Bitcoin can reach a new ATH. in X postTitan of Crypto has shared an analysis that showed that BTC could reach $ 144,000 in September. Meanwhile, he suggested that the opposite test Head and shoulder style It can happen before that.

Meanwhile, the FTX payment in September will also coincide with the period in which the Federal Reserve aims to reduce the first benefit this year, another bullish factor for the encryption market. As such, these developments together can provoke an escalating trend equivalent to the Bitcoin and Altcoins price. Both expected Cartner Standard and Bidus that BTC can arrive It reaches $ 200,000 by the end of the year.

Distinctive image from Adobe Stock, Chart from TradingView.com

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