Major News Headlines for Today

1. FTX Starts First Debt Repayment..." Repayment of $1.2 Billion"
FTX, which went bankrupt in November 2022, began its first debt repayment to creditors on Feb. 18, making a total of about $1.2 billion. In an official statement, FTX said it will conduct the next debt repayment on May. 30 for creditors who have verified their debts by April 11 this year. According to FTX's announcement, the next debt repayment targets are creditors who have verified debts of $50,000 or more. According to FTX's debt repayment plan, about 98% of creditors will receive about 118% of their assets in cash.

2. CryptoQuant "Bitcoin May Fall To $85,000"
In a report published on the 18th, the on-chain analysis platform CryptoQuant pointed out that the current volatility index between Bitcoin(BTC) and the U.S. dollar is similar to Aug, 2023, predicting that Bitcoin will suffer from rapid price volatility. Percival, CryptoQuant researcher, explained that Bitcoin's volatility index on Bitcoin's daily and weekly charts is very unstable and suggests a sharp graph change in all directions of rise and fall.

3. Michael Saylor "Plan To Buy Additional $2 Billion Worth of Bitcoin"
Michael Saylor said he plans to raise about $2 billion through the issuance of additional convertible bonds by Strategy and purchase additional Bitcoin. Saylor announced in an official statement by Strategy on Feb. 18 that it will issue additional convertible bonds with 0% interest rate for the purpose of purchasing additional Bitcoin.

권승원 기자 ksw@blockstreet.co.kr