FTX will begin distributing $7.1 billion to creditors through scheduled payouts starting February 2025. The first distribution of $454 million is set for February 18, 2025, targeting claims under $50,000 at 120% of face value. A second payout of $5 billion will follow on May 30, 2025, covering claims exceeding $50,000 at 72.5% of claim value, with additional distributions planned for subsequent years.

Michael Saylor posted a cryptic message on November 9, 2025, suggesting Strategy may expand its Bitcoin position soon. The firm currently holds approximately 641,000 BTC valued at over $65 billion, with an average cost near $74,000 per coin. Goldman Sachs forecasts Federal Reserve rate cuts starting December 2025, potentially creating favorable conditions for digital assets.

James Chanos has closed his hedged short position against MicroStrategy and Bitcoin after 11 months. Pierre Rochard, CEO of The Bitcoin Bond Company, views the move as a potential signal that difficulties for Bitcoin treasury companies may be easing. Rochard expects continued volatility but characterizes the development as indicative of a potential market reversal.

Bitcoin has traded around $102,000 over the past 24 hours, data show. On-chain analyst Burak Kesmeci projects a local bottom could form near $95,000 to $96,000, based on historical UTXO age band patterns. The 1-week to 1-month realized price band crossed below the 1-month to 3-month band on November 1, a signal that has preceded corrections averaging 13.3% in 2025.

Spanish crypto influencer Álvaro Romillo, known as CryptoSpain, was arrested Thursday and ordered held without bail on charges of orchestrating a $300 million fraud through Madeira Invest Club. Prosecutors allege Romillo defrauded approximately 3,000 investors of €260 million through a Ponzi scheme. A Singapore bank account containing €29 million linked to entities connected to Romillo raised flight risk concerns, prompting the detention order.

Bitcoin's hold above $100,000 faces mounting uncertainty as selling pressure intensifies and investor confidence weakens. Long-term holders have offloaded over 400,000 BTC in recent weeks, while technical indicators signal deteriorating momentum across the cryptocurrency market.

Total Value Locked in decentralized finance protocols fell to $131.58 billion from $172.65 billion on October 7, a 24% decline representing over $42 billion in outflows. The withdrawal wave began after Stream Finance disclosed a $93 million loss on November 4, triggering depegging events across multiple yield-bearing stablecoins including Elixir's deUSD and Stable Labs' USDX. The broader stablecoin market contracted by $2.5 billion during the first week of November.

President Trump stated on Truth Social that most U.S. citizens, excluding high earners, would receive a $2,000 payment funded by tariff revenue, though no distribution date or mechanism was provided. Small business owners report rising operational costs due to tariffs. The Supreme Court is reviewing the legality of Trump's emergency powers used to justify the trade measures.