GBTC Reduces BTC Stake by 21, Celsius Exits Bankruptcy and More: Hodler's Digest, January 28 – February 3

High Stories This Week Place Bitcoin AND F add 151K BTC in the middle of GBTC dump In January

THE Shades of grey Bitcoin Trust (GBTC) exchange traded funds (ETF) aggressively sold Bitcoin In January. According to has public assets data follow up by Cointelegraph, GBTC , reduce It is Bitcoin hideout by 21% has 487,025 BTC on Jan. 31. THE other nine funds were actively contagious up, add A combined total of 151,006 Bitcoin Since THE First of all trade day. THE non-GBTC AND F increase their assets by more that 700% has 169,396 BTC has THE END of January. Despite GBTC sale, THE total Bitcoin detained by all ten place Bitcoin AND F pink by 3% has 656,421 BTC, estimated has $27.7 billion.

Celsius exits bankruptcy, begin back of on 3 billion dollars has creditors

Celsius In THE United States And East together has to start distribute $3 billion value of crypto And decree has the creditors, along with launch A new Bitcoin mining farm. In A Jan. 31 press release, THE crypto lender said It is bankruptcy exit see THE creation of Ionic Digital, A Bitcoin mining business managed by Hut 8 And headed by Hut 8 chief commercial officer Mast Prusak. Around 98% of Celsius creditors agreed has THE bankruptcy exit plan, which come on 18 month After he on break withdrawals In June 2022 And deposit For bankruptcy A month later.

900 million dollars In acquired tokens together has be released In FEBRUARY

THE digital active walk East In FEBRUARY, according to has data supplier Token Unblocked. A few of THE tokens together has be released include Avalanche, Aptos (APT), THE Sandbox (SAND), Optimism (OP) And Sui (SUI). avalanche East together has open 9.5 million tokens, while Aptos plans has release 24.8 million. THE Sandbox East program has open A significant 209 million tokens. Optimism And Sui will Also participate, release 24 million P.O. tokens And unlocking 53 million ISU tokens, respectively.

FTX plans has fully repay clients but not reboot exchange, said bankruptcy lawyer

THE deceased cryptocurrency exchange FTX A "to restart" of THE farm but concentrate on repay clients In complete. In A Jan. 31 audience In United States Bankruptcy Court For THE District of Delaware, FTX lawyer Andy Dietderich said THE exchange could "with caution predict" fully repay users And creditors but added This was "A objective" And not A "guarantee." He said that "After A complete effort," there was No plan has reboot FTX In It is current Chapter 11 bankruptcy plan.

Argentina remains crypto regularization In Milei's new economic reform

THE option has legalize crypto assets, even if they are late on tax declarations, of reforms that Argentina new government of President Javier Milei introduced In THE country parliament. According to has local media reports, THE clause about active regularization suggesting A one time tax on miscellaneous types of undeclared assets was cut out of A omnibus Invoice aimed has kick Milei's policy agenda. THE regularization scheme included cryptocurrencies And other assets such as real domain, staff property, actions And securities. According to has Minister of THE Interior Guillermo Francos, THE subject was deleted Since THE Invoice because he could cause delays In THE legislative process.