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Tether Resolves Celsius Lawsuit With Major $300 Million Settlement Deal
The Blockchain Recovery Investment Consortium (BRIC), a partnership between GXD Labs and VanEck, announced on Tuesday a significant development in Celsius’ bankruptcy case. Tether (USDT) has agreed to pay a major amount to the crypto lender’s bankruptcy estate following an adversary proceeding that was initiated last year. Tether Settles Billion Dollar Lawsuit This settlement marks a significant milestone in the ongoing legal saga surrounding Celsius, which filed for bankruptcy in July 2022. Celsius had previously accused Tether of mishandling collateral and liquidations, claiming 39,542 BTC (approximately $4.3 billion at the time) along with an additional $100 million in damages, which constituted their largest third-party claim. Related Reading: Bitcoin Reset Complete? Ostium Foresees Explosive Move To $133,000 As previously reported by Bitcoinist, Celsius asserted that Tether’s actions exemplified a broader “scheme to exploit the US cryptocurrency market,” a position they believed could support jurisdiction in this case. In response to the allegations, Tether characterized the lawsuit as a “shake down,” asserting that Celsius was responsible for providing additional collateral in light of fluctuating Bitcoin prices at the time. Tether maintained that Celsius’s mismanagement should not result in undue costs for them. Significant Return For Celsius Bankruptcy Creditors Ultimately, the settlement allows Tether to resolve the matter for a fraction of the initial amount claimed by Celsius, with nearly $300 million expected to be recovered, providing a notable return for creditors involved in the bankruptcy proceedings. Tether CEO Paolo Ardoino also commented on the settlement on social media site X (formerly Twitter), stating, “Tether is pleased to have reached a settlement of all issues related to the Celsius bankruptcy.” Related Reading: Decades In The Making: Crypto Exchange Predicts When Shiba Inu Price Will Reach $0.01 David Proman, Managing Partner of GXD Labs, also expressed satisfaction with the resolution. “We are pleased to have resolved Celsius’s adversary proceeding and related claims against Tether,” he stated. Featured image from DALL-E, chart from TradingView.com
newsbtc·35m ago
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Tether’s $299.5M Celsius Settlement May Prompt Greater Legal Scrutiny of Stablecoin Liability, Bitcoin Collateral
Tether agreed to pay $299.5 million to the Celsius Network bankruptcy estate, resolving a major portion of creditor claims tied to disputed Bitcoin collateral transfers and raising fresh questions about
coinotag·39m ago
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Dan Morehead Says Strategy's Saylor 'Opened' His Eyes
Dan Morehead, CEO of Pantera Capital, claims that Michael Saylor's Bitcoin strategy was eye-opening
utoday·39m ago
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Bitcoin and Ethereum ETFs See $755M Withdrawn Following Volatile Weekend
The cryptocurrency market began the week on a cautious note as both Bitcoin and Ethereum exchange-traded funds (ETFs) in the United States recorded significant outflows on Monday. The large withdrawals came immediately after a volatile weekend that saw record levels of forced liq...
Cointribune·53m ago
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BlackRock’s $60M Bitcoin Grab Signals the Market’s New Power Players
BlackRock Bitcoin purchase is in the news again after the company bought $60 million worth of $BTC in just one day. This shows that BlackRock still trusts Bitcoin even when prices go up and down. Big investors are now buying while small retail sellers are leaving the market. This...
The Bit Journal·57m ago
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U.S. seizes $15b Bitcoin in forced-labor crypto scam case
U.S. federal agents have seized a historic $15 billion in Bitcoin, allegedly the proceeds of a Cambodian criminal network that forced trafficked individuals to run sophisticated cryptocurrency “pig butchering” scams on a global scale. On Oct. 14, the U.S. Department…
crypto.news·58m ago
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TON price prediction 2025-2031: Will TON reach $100?
Key takeaways: Our TON price prediction anticipates a high of $6.35 in 2025. In 2027, it will range between $9.26 and $11.49, with an average price of $9.60. In 2030, it will range between $28.31 and $34.81, with an average price of $29.16. TON (The Open Network) is a decentralized protocol designed by Telegram and created by the community. The protocol is a distributed supercomputer, or “super server,” that consists of TON Blockchain , TON DNS, TON Storage, and TON Sites. The native token for the TON ecosystem is called Toncoin. “Will TON ever go up? Can TON reach the $10 mark? Where will TON be in five years?” These are the questions traders and investors ask. Let’s answer them and more in our Toncoin price prediction. Overview Cryptocurrency Toncoin Symbol TON Current price $2.29 Toncoin market cap $5.78B Trading volume $218.65 Circulating supply 2.54B All-time high $8.24 on Jun 15, 2024 All-time low $0.3906 on Sep 20, 2021 24-hour high $2.18 24-hour low $2.37 TON price prediction: Technical analysis Metric Value Volatility (30-day variation) 9.50% 50-day SMA $2.91 200-day SMA $3.15 Sentiment Bearish Green days 13/30 (43%) Fear and Greed Index 38 (Fear) Toncoin price analysis On October 14, TON’s price rose by 0.12% in 24 hours and is down 27.63% in the last 30 days. Its trading volume dropped by 19.49% to $217.62M in 24 hours, showing less conviction in the market trend. In March 2025, TON dropped beneath the $2.5 mark for the first time in over a year. This month, it dropped further and trades at the $2.30 mark. TON/USD 1-day chart price analysis TONUSD chart by TradingView Toncoin dropped this month after failing its support at $2.75. The drop slowed this week, but volatility remained high, as shown by the William Alligator trendlines. The relative strength index (34.44) shows TON is trading in neutral territory. TON/USD 4-hour chart price analysis TONUSD chart by TradingView The 4-hour chart shows that TON is trading sideways but with a bullish slant. Its momentum and volatility have dropped. TON technical indicators: Levels and action Daily simple moving average (SMA) Period Value ($) Action SMA 3 2.52 SELL SMA 5 2.46 SELL SMA 10 2.66 SELL SMA 21 2.70 SELL SMA 50 2.91 SELL SMA 100 3.08 SELL SMA 200 3.15 SELL Daily exponential moving average (EMA) Period Value ($) Action EMA 3 2.72 SELL EMA 5 2.83 SELL EMA 10 2.97 SELL EMA 21 3.10 SELL EMA 50 3.17 SELL EMA 100 3.20 SELL EMA 200 3.45 SELL What to expect from TON price analysis next? Our technical analysis indicates that Toncoin is bearish. The coin’s momentum and volatility are dropping following the coin’s bearish breakout this month. Investors are closing their positions, as evidenced by the falling trading volumes. Why is TON up? TON’s gains reflect strategic positioning in high-growth markets and technical resilience, though macro headwinds (October’s $102M token unlock) limit upside. Recent news Telegram’s deal with xAI, which would see Elon Musk’s AI company integrate into Telegram, is a work in progress despite an announcement from Pavel Durov. While Durov confirmed that the deal is yet to be signed, the Telegram founder said there is an “agreement in principle.” Is TON a good buy? According to Cryptopolitan price predictions, TON will trade higher in the years to come. However, factors like market crashes or difficult regulations could invalidate this bullish theory. Will TON reach $10? Yes, TON should rise above $10 in 2027. The move will come as the market recovers to previous highs. Will TON reach $100? Per the Cryptopolitan price prediction, TON is unlikely to reach $100 before 2031. Will TON reach $1,000? Per the Cryptopolitan price prediction, TON is unlikely to reach $1000 before 2031. Does Toncoin have a future? TON has had a bullish run since its inception despite seasonal market corrections. The TON blockchain has a vibrant community of users and developers. Looking ahead, Toncoin has the potential to trade higher in the coming years. How much will a Toncoin be worth in 2030? The TON price prediction for 2030 indicates the price will range between $28.31 and $34.81. The average price of Toncoin will be $29.16. TON price prediction October 2025 The TON October price prediction ranges from $2.54 to $3.50. It will average at $2.73. Period Potential low ($) Potential average ($) Potential high ($) October 2.54 2.73 3.50 TON price prediction 2025 As 2025 unfolds, TON remains bullish, as evidenced by the price registering higher highs. The price will range between $2.02 and $6.35. The average price for the month will be $4.23. Year Potential low ($) Potential average ($) Potential high ($) 2025 2.02 4.23 6.35 TON price prediction 2026 – 2031 Year Potential low ($) Potential average ($) Potential high ($) 2026 6.58000 6.80000 7.71000 2027 9.26000 9.60000 11.49000 2028 13.84000 14.22000 16.29000 2029 20.71000 21.27000 23.42000 2030 28.31000 29.16000 34.81000 2031 41.21000 42.37000 48.12000 TON price prediction 2026 The year 2026 will experience more bullish momentum. According to the TON price prediction, it will range between $6.58 and $7.71, with an average trading price of $6.80. TON price prediction 2027 The TON token prediction climbs even higher into 2027. According to the prediction, Toncoin’s price will range between $9.26 and a maximum price of $11.49, with an average price of $9.60. TON price prediction 2028 The analysis suggests a further acceleration in TON’s price. TON will trade between $13.84 and $16.29. It will average at $14.22. TON price prediction 2029 According to the TON price prediction for 2029, the price of TON will range between a minimum of $20.71, a maximum of $23.42, and an average of $21.27. TON price prediction 2030 The TON price prediction for 2030 indicates the price will range between $28.31 and $34.81. The average price of Toncoin will be $29.16. TON price prediction 2031 The Toncoin price forecast for 2031 sets the high at $48.12. However, when the market corrects, TON will reach a minimum price of $41.21 and an average of $42.37. TON price prediction 2025 – 2031 TON market price prediction: Analysts’ TON price forecast Platform 2025 2026 2027 Digitalcoinprice $7.30 $9.27 $12.65 Coincodex $9.78 $6.57 $3.84 Gate.io $3.73 $4.32 $4.60 Cryptopolitan TON price prediction Our predictions show TON will achieve a high of $6.35 in 2025. In 2027, it will range between $9.26 and $11.49, with an average of $9.60. In 2030, it will range between $28.31 and $34.81, with an average of $29.16. Note that the predictions are not investment advice. Seek independent professional consultation or do your research. TON historic price sentiment TON price by CoinGecko Ton network launched in 2018 as the Telegram Open Network (TON) but was later renamed “The Open Network” and taken over by the TON Foundation. In June 2020, all Toncoin tokens (98.55% of the total supply) became available for mining. The tokens were placed in special Giver smart contracts, enabling anyone to mine until 28 June 2022. Users mined around 200,000 TON daily. All the tokens were mined in two years, marking the completion of the distribution event. On September 20, 2021, TON registered its all-time low price at $0.3906. Its first significant break came in November 2021. In days, the coin slid from $0.8 to $4.5. It corrected in 2022, reaching a low of $0.9. In 2023, it ranged between $1.1 and $2.5. In 2024, it registered another bull run, rising from $2.11 to its all-time high of $8.24 on Jun 15, 2024. It corrected later and traded at the $5.2 mark in October and $4.98 in November when it started recovering. The recovery saw the coin rise above $6.5 in December. It then crossed into 2025, trading at $5.5. From there, it assumed a bear run as it fell below $3.8 in February and $3.0 in May. It crossed into June, trading at $3.20, and it maintained the level into August. In October, it fell below $3.00.
cryptopolitan·2h ago
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Celsius Network Secures $299.5 Million Settlement From Tether, Amounting To Only 7% Of $4.3 Billion Claim
Celsius had initially sought $4.3 billion, alleging that Tether improperly liquidated 39,542 bitcoins before the expiration of a required 10-hour waiting period in 2022.
Stocktwits·2h ago
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Here’s How Much Bitcoin, Ethereum, And XRP Institutions Bought Last Week
Institutional investors bought more Bitcoin, Ethereum, and XRP last week, with crypto funds recording another week of net inflows. This provides a bullish outlook for these crypto assets, especially as they look to bounce from last week’s crash. Institutional Investors Accumulate Bitcoin, Ethereum, and XRP CoinShares’ report revealed that Bitcoin, Ethereum, and XRP saw net inflows of $2.67 billion, $338 million, and $61.6 million, respectively. This came as crypto funds recorded $3.17 billion in inflows last week, bringing their year-to-date (YTD) inflows to $48.7 billion. Specifically, BTC, ETH, and XRP now have YTD inflows of $30.2 billion, $13.9 billion, and $1.8 billion, respectively. Meanwhile, the increased inflows into Bitcoin and Ethereum over XRP last week mark a turnaround, as these institutions at some point accumulated more XRP than the top two cryptos by market cap. This was the case two weeks ago when XRP saw a net inflow of $93.1 million while BTC and ETH recorded outflows of $719 million and $409.4 million, respectively. The net inflows into Bitcoin, Ethereum, and XRP last week came despite the crypto market crash triggered by Donald Trump’s announcement of 100% tariffs on China. CoinShares revealed that there was little reaction to the development, as crypto funds saw about $159 million in outflows on Friday when Trump announced it. CoinShares also noted that, despite the hype around upcoming XRP ETF launches, inflows into XRP funds have slowed, as institutional investors pay more attention to Bitcoin and Ethereum. Notably, BTC and ETH have seen more inflows since the U.S. government shutdown began. Institutional investors are believed to be moving into Bitcoin, especially as a safety net amid macro uncertainty, a trade which has been described as the ‘debasement trade.’ The increased inflows into the Bitcoin funds were one of the factors that contributed to a rally to a new all-time high (ATH) above $126,000 earlier this month. However, BTC has since lost all these gains thanks to the tariff announcement last week. BTC and ETH Start This Week With Outflows SoSoValue data shows that the Bitcoin and Ethereum ETFs have started this week with outflows, possibly stemming from last week’s tariff announcement. The BTC ETFs recorded $326.52 million in daily net outflows on October 13. BlackRock was the only fund issuer that recorded inflows on the day, taking in $60.36 million. Meanwhile, the ETH ETFs recorded daily net outflows of $428.52 million. BlackRock’s ETH fund recorded the largest outflows, with $310.13 million flowing out of the fund. Other funds also recorded outflows or zero flows. If the trend sustains, it could present a setback for these crypto assets as they look to bounce from last week’s market crash.
bitcoinist·2h ago
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Top 8 Verified Bitcoin Cloud Mining Platforms for 2025: A Guide to Safe and Legal Crypto Earning
With the surge in Bitcoin's value, more individuals are turning to cloud mining as a viable option for generating passive income. Here’s why it’s a favorable choice for beginners: Cloud mining involves renting cloud computing power to mine cryptocurrencies without the direct need for traditional mining hardware, complex software, or direct electricity consumption. This method provides a convenient, low-risk way to participate in cryptocurrency mining. In this discussion, we will explore the top 8 legal and verified cloud mining platforms that are ideal for beginners in 2025, providing a comprehensive starting point for those looking to safely enter the world of crypto mining. Magicrypto: A Trailblazer in Sustainable Bitcoin Cloud Mining Leading the pack is Magicrypto , known for its robust AI mining technology and commitment to sustainability, operating entirely on renewable energy. Since its inception in 2021, the Swiss-based platform has offered a no-cost entry with $100 free hash power for newcomers. 👉 Click here to Register and Claim $100 Free Hash Power! What makes Magicrypto stand out: Begin with $100 free hash power AI-optimized mining for maximum profitability Transparent, daily withdrawable earnings in BTC, DOGE, ETH, or USDT Accessible via web and mobile for easy management Environmentally friendly with 100% renewable energy usage Additional Top-Rated Platforms for Bitcoin Cloud Mining Binance Pool: Secure and Diverse Backed by the world’s largest exchange, Binance Pool provides a secure and fluid mining experience, blending mining outputs with trading opportunities for enhanced earnings. ECOS: Stability for Long-Term Investments Known for its solid infrastructure, ECOS is ideal for those aiming for stability over the long term with its transparent and detailed reporting. Hashflare: Reliable and Consistent As one of the pioneers, Hashflare offers steadfast service with fixed hash power contracts, appealing to conservative investors. StormGain: Combining Mining and Trading Offering a unique blend of mining and trading, StormGain allows users to earn mining rewards that are directly usable within the trading platform. CryptoMine Cloud: Excellent Educational Resource For novices, CryptoMine Cloud acts as both a mining platform and a learning hub with its comprehensive tutorials and profit prediction tools. BitDeer: For High-Volume Investors Partnering with global mining leaders, BitDeer caters to investors with larger budgets, focusing on long-term profitability. Genesis Mining: A Veteran in the Space With years of proven reliability, Genesis Mining is known for its extensive user base and slightly higher fees, yet remains a favorite among many. Conclusion By 2025, Bitcoin cloud mining has solidified itself as a significant avenue for secure passive income. With platforms like Magicrypto, Binance Pool, ECOS, and others providing transparent, low-risk options, investors can avoid the hassles of physical hardware and instead enjoy the benefits directly from their digital devices. For those new to the arena, Magicrypto presents an attractive gateway with its $100 free mining offer and a user-friendly interface, perfect for kicking off your Bitcoin and Dogecoin mining journey. 👉 Embark on your cloud mining path by registering on Magicrypto today, and claim your free $100 in mining power to secure a foothold in the future of digital finance. Disclaimer: This is a sponsored article and is for informational purposes only. It does not reflect the views of Bitzo, nor is it intended to be used as legal, tax, investment, or financial advice.
bitzo·2h ago

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AboutBitcoin is a decentralized digital cryptocurrency created in 2009 by an unknown person or group using the pseudonym Satoshi Nakamoto. It operates on a peer-to-peer network without the need for intermediaries or central authorities like banks or governments. Bitcoin transactions are verified by network nodes through cryptography and recorded in a public distributed ledger called a blockchain. The cryptocurrency has a finite supply of 21 million coins, which are created through a process called mining.
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Date
Market Cap
Volume
Close
October 14, 2025
$2.24T
$88.15B
---
October 14, 2025
$2.3T
$68.94B
---
October 13, 2025
$2.29T
$93.86B
$115,189.57
October 12, 2025
$2.21T
$108.64B
$110,853.12
October 11, 2025
$2.27T
$151B
$113,201.74
October 10, 2025
$2.42T
$72.1B
$121,698.03
October 09, 2025
$2.46T
$62.58B
$123,352.50
October 08, 2025
$2.42T
$76.09B
$121,518.76
October 07, 2025
$2.49T
$69.61B
$124,773.51
October 06, 2025
$2.46T
$72.01B
$123,506.19

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