Here's how FTT could respond to the ongoing skepticism in the market
The token's Open Interest declined alongside an increase in price.
Keep up with what's happening in the crypto world in real-time.
The token's Open Interest declined alongside an increase in price.
A combination would have shaken things up in the nascent cryptocurrency industry.
FTX Token (FTT), the native cryptocurrency of the troubled exchange, has undergone a turbulent week, losing its value by over 80% at some point. It remains to be seen, however, whether the token will rebound to its pre-FTX liquidity debacle levels before the end of 2022, now that the asset is exhibiting signs of a short-term recovery.
Amid FTX's liquidity crisis and the subsequent crash of the crypto market, there lies the opportunity to invest and make money in the coming years. Crypto market crashes are a boon and a bane at the same time.
Sam Bankman-Fried has spoken publicly for the first time since the start of FTX (FTT) saga a few days ago.
BlockFi had made a deal with FTX earlier this year.
LayerZero Labs said it has come to an agreement with FTX, FTX Ventures and Alameda for a complete equity buyout. The post LayerZero reaches a complete equity buy-out agreement with FTX and Alameda appeared first on The Block.
Genesis Trading is the latest firm to declare exposure to FTX and may look to its parent company for help as it did after the 3AC bankruptcy.
Lawmakers called for financial regulators to investigate the situation and suggested further legislation is needed.
Yat Siu, co-founder and executive chairman of Animoca Brands Corp., Asia's biggest crypto investor and game developer, discusses the stunning demise of Sam Bankman-Fried's cryptocurrency exchange FTX.com and its implications for the broader market. The Bahamas Securities Commission has frozen the assets of FTX Digital Markets "and related parties" as the crypto platform company teeters closer to collapse.
Binance CEO warns employees about trading FTT as FTX goes through a liquidity crunch and probable bankruptcy.
It was a bullish Thursday session for BTC. Direction through today will hinge on FTX bailout talks.
According to recent reports, the FTX crypto exchange seemingly reopened withdrawals to some users on 10th November. Many users still complain that their withdrawals are not going through.
FTX CEO Sam Bankman-Fried took to Twitter to apologize for the crisis plaguing his troubled crypto exchange and affiliate Alameda Research. "The Hash" panel discusses the latest in the downfall of FTX and what the future holds.
The pension fund invested an undisclosed amount in FTX during a $420 million funding round last October.
Sam Bankman-Fried, the founder of beleaguered FTX and Alameda Research , was in the crosshairs of the author, mathematical statistician, and former options trader Nassim Nicholas Taleb. What Happened: The "Black Swan" author tweeted Bankman-Fried "got *temporarily* rich because he is [both] aggressive AND clueless about finance.
According to recent reports, FTX has spoken to American crypto exchange Kraken about a possible rescue arrangement. However, FTX and Kraken declined to comment, citing the ambiguity of the talks' specifics and their potential for success or failure.
Bloomberg's Hannah Miller joins Emily Chang to discuss why FTX.com founder Sam Bankman-Fried says he is closing Alameda Research, the trading house at the center of speculation about whether his crypto exchange mishandled customer funds. -------- Like this video?
California becomes the first state to officially announce an investigation.
Bitcoin rose on inflation but the seemingly imminent liquidation of FTX is holding on pressure for now as the story comes to an end.
Bitcoin's price fell to a 2-year low following Binance's refusal to go ahead with the proposed FTX acquisition. As price continues to dwindle, whales ramp up accumulation.
The crypto market joined the NASDAQ Composite Index in a breakout session, with hopes of an FTX bailout and the US CPI report providing support.
Employees of FTX.US attempt to sell assets like a stock-clearing platform and naming rights to a Miami arena while CEO Sam Bankman-Fried is away, according to Bloomberg. The post FTX US employees attempt to sell assets in CEO's absence: Bloomberg appeared first on The Block.
FTX CEO Sam Bankman-Fried sold equity in the firm at a 50% discount to employees in the spring, sources tell The Block. The post Bankman-Fried sold FTX equity to employees at 50% discount in spring: Sources appeared first on The Block.