Harga RaydiumRAY

The crypto market continued to pull back, with the PayFi sector leading the decline by 4.37%, while the CeFi sector and BTC remained relatively strong According to SoSoValue data, the crypto market continued to pull back, with the PayFi sector leading the decline of 4.37% in 24 hours, of which XRP fell 5.28%, but Bitcoin Cash (BCH) rose 0.63%. The CeFi sector was relatively strong, rising 1.13% in 24 hours. Within the sector, Bitget token (BGB) and Hyperliquid (HYPE) rose 3.31% and 4.75% respectively. In addition, Bitcoin (BTC) rose 1.12% in 24 hours to above $104,000, while Ethereum (ETH) fell 0.05% and fluctuated narrowly around $2,500. In other sectors, the Layer1 sector fell 0.23%, but Binance Coin (BNB) and Sui (SUI) rose 1.01% and 1.33% respectively. The DeFi sector fell 1.78%, Raydium (RAY) surged 4.22% during the session; the Meme sector fell 2.60%, Fartcoin (FARTCOIN) and Mog Coin (MOG) rose 2.48% and 6.94% respectively; the Layer2 sector fell 3.88%, and Movement (MOVE) fell 9.34%. The crypto sector index, which reflects the historical market conditions of the sector, shows that the ssiCeFi and ssiLayer1 indexes rose 1.34% and 0.05% respectively in 24 hours.

FTX plans to commence a $5 billion second distribution to eligible creditors on May 30, 2025. FTX Trading Ltd. and the FTX Recovery Trust announced the upcoming distribution via a press release on May 15. The $5 billion set for distribution will go to holders of allowed claims under the collapsed crypto exchange’s Chapter 11 reorganization plan. This second tranche of distributions will cover eligible creditors in both the Convenience and Non-Convenience Classes. However, disbursement is limited to FTX creditors who have completed the required pre-distribution processes. (1/3) FTX today announced it is set to distribute more than $5 billion in its Second Distribution to holders of allowed claims in the Plan’s Convenience and Non-Convenience Classes that have completed the pre-distribution requirements on May 30, 2025. Eligible creditors will receive funds from their distribution provider – either Bitgo or Kraken – within one to three business days starting May 30, 2025. After this phase of the Chapter 11 plan, FTX will issue an update on subsequent record and payment dates. The announcement of this second distribution follows the initial phase in February 2025 , with the record date for the next distribution having been scheduled for April 11, 2025. It included a record for allowed claims with Class 5 customer entitlement claims and Class 6 general unsecured claims. Also covered were holders of convenience claims that had been allowed but not yet received. FTX aimed for the second distribution on the date it just announced. John J. Ray III, plan administrator of the FTX Recovery Trust, noted in a statement: “These first non-convenience class distributions are an important milestone for FTX. The scope and magnitude of the FTX creditor base makes this an unprecedented distribution process, and today’s announcement reflects the outstanding success of the recovery and coordination efforts of our team of professionals. Our focus remains on recovering more for creditors and resolving outstanding claims.” The distribution will see creditors in allowed class 5A Dotcom Customer Entitlement Claims receive a 72% of funds, class 5B U.S. Customer Entitlement Claims 54% and classes 6A General Unsecured Claims and 6B Digital Asset Loan Claims 61% distribution. Meanwhile, those in allowed class 7 Convenience Claims are expected to get 120%. FTX collapsed in November 2022, imploding amid fraud by convicted company officials, including founder and former chief executive officer Sam Bankman-Fried . Amid the announcement, the FTX Token ( FTT ) spiked more than 13%, trading to highs of $1.33. When FTX imploded, FTT price nosedived from highs of $25 to $0.87 within days.

WOAH WOAH WOAH.. Ray Dalio's Bridgewater Associates opened up a $319 million position in Gold $GLD according to a new 13F filing 🚨🚨

$ORDI I'm watching for a potential mid-range reversal pattern; you can place limit orders before the next upward leg. $people $ethfi $wct $sats $syrup $xvg $bome $fxs $lqty $ray $usual

If $BTC fails to break $105,000, I expect a retest of the green box before continuing higher. $people $ethfi $wct $sats $syrup $xvg $bome $fxs $lqty $ray $usual