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A group of creditors of the now-collapsed FTX has moved to court, objecting to the crypto exchange’s bankruptcy reorganization plan, which would pay the unsecured creditors the entirety of their claims, if not more. A group led by Sunil Kavuri, one of FTX's vocal creditors, filed the objection yesterday (Thursday) in the US bankruptcy court. They reject the ...
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The Bitcoin price on Friday bounced off the key support at about $70,321 to trade at about $71,075. The BTC/USD appears to be trading within a sideways channel formation in the 60-minute chart. The price of the pioneer cryptocurrency continues to trade a few levels above the 100-hour moving average line. Despite the rebound, Bitcoin seems to have some room ...