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News 2025 May 30, 18:00 (16 days ago )

6h Crypto Highlights: FTX, Trump Media, XRP, Altcoin Trends, Market Shifts

FTX has initiated a second distribution phase, allocating $5 billion to eligible claim holders as part of its ongoing bankruptcy proceedings. This move aims to expedite the recovery process for those affected by the exchange's collapse.

Trump Media is making headlines as it aims to secure a significant position in the #Bitcoin market following a massive $2.44 billion investment. This strategic maneuver could position the company as a leading player in the cryptocurrency space.

In a notable regulatory move, Thailand is set to block five cryptocurrency exchanges due to unlicensed operations. This decision highlights the government's tightening grip on the crypto market, aiming to safeguard investors.