Bitstamp delists FTT and CEL trading
Bitstamp announces halting trading of FTT and CEL as from November 22, 2022, at 12:00 PM UTC.
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Bitstamp announces halting trading of FTT and CEL as from November 22, 2022, at 12:00 PM UTC.
The text below is a press release that is not part of Cryptonews.com editorial content.
Despite the recent collapse and the exchange filing for bankruptcy protection, crypto traders are still paying more than a U.S. dollar for FTX's FTT token on Friday, Nov. 18, 2022.
The Luxembourg-based exchange lags many in the industry in shuttering access to the embattled tokens, which still remain actively traded by some.
Anthony Scaramucci invested $10 million into FTT when FTX Venture acquired a 30% stake in SkyBridge Capital.
FTX loaned BlockFi, $250 million in the now-defunct token $FTT. BlockFi, which is already striving, might be further endangered as the $FTT price continues its decline.
CEX tokens took a hit after the FTX debacle Whales and sharks made massive moves for HT FTT and CRO Most traders lost money while reducing their exposure as volume in profit declined After the FTX mishap, the crypto-community's faith in centralized exchanges has begun to dwindle.
CEX tokens took a hit after the FTX debacle Whales and sharks made massive moves for HT FTT and CRO Most traders lost money while reducing their exposure as volume in profit declined After the FTX mishap, the crypto-community's faith in centralized exchanges has begun to dwindle.
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In the wake of the crypto market collapse, it's time to reconsider what "buy the dip" means for crypto investors.
The world's leading exchange has abandoned the FTT/USDT trading pair on both spot and perpetual contracts.
FTT Token remains one of the worst performers in the crypto market this week. The token is already down more than 80% from its last week's price and continues to show very bearish trends.
SkyBridge Capital founder Anthony Scaramucci says Changpeng "CZ" Zhao's decision to sell a big holding of FTX.com's native crypto token FTT appears to have been an act of retaliation for remarks FTX founder Sam Bankman-Fried made about him. He speaks at the Bloomberg New Economy Forum in Singapore.
The native token of FTX – a leading, yet new digital currency exchange – took a harsh dip in mid-November after news came about that Binance – one of the world's biggest crypto trading platforms – was liquidating its holdings of the asset and ending its support for it as a means of preventing competition to its
FTT, the native cryptocurrency of FTX, continues to take massive blows as its situation take a turn for the worse. In terms of price, the crypto is changing hands at $1.70 according to tracking from Coingecko at the time of this writing.
Binance, BitMEX and KuCoin have delisted FTX Token pairs from their crypto exchange platforms.
Despite the widespread impact of the FTX crypto exchange crisis on the general market, the trading platform's native token is recording a short-term rally with no apparent trigger. The token's gains come as different crypto industry players questioned a change in the FTT tokenomics.
Crypto exchange Binance on Tuesday said it agreed to submit evidence related to the proposed FTX acquisition deal and decisions to liquidate FTT token holdings to the UK Parliament's Treasury Committee. The crypto exchange will appear as a witness in FTX group's crypto assets investigation.
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As per crypto compliance firm Argus, Alameda Research amassed hordes of tokens that were supposed to be listed on FTX. Alameda Research is supposed to be distinct from the Sam Bankman-Fried-led FTX exchange.
Binance and KuCoin have announced the delisting of trading pairs for FTT FTX exchange encounters more troubles as investigation begins in the Bahamas On 14 November, the trading platform Binance announced that it would soon delist certain trade pairings using the FTT token. This statement was backed by KuCoin as well.
Crypto compliance firm Argus reports that Alameda, which was supposed to be distinct from Sam Bankman-Fried's FTX, amassed tokens before their listings on the exchange were made public.
Binance said it would shut down many trading pairs that contain FTX's FTT because of the ongoing crisis. The only one to be left untouched will be the BUSD/FTT pair.
The fallout from FTX's bankruptcy is far from over.