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The crypto market has seen more than $50 billion wiped off its total market cap in the space of 24 hours. It comes hot on the heels of the market decline triggered by Binance's massive planned FTT dump.
The FTX-Binance troubles have continued and there has been a profound impact on the crypto market during this time. While Binance looks to be holding up quite nicely through all of this, the same cannot be said for the FTX crypto exchange.
FTX Token (FTT) price predictions are a hot topic on Tuesday as investors react to the latest worries about the crypto exchange.
FTT (CRYPTO: FTT), the native token of cryptocurrency exchange FTX, is facing significant selling pressure Tuesday after Binance CEO Changpeng Zhao said he would offload his FTT holdings on FTX. What To Know: FTT is down 18.97% over a 24-hour period at $18.47.
Binance has signed a non-binding agreement to acquire FTX.com following a significant liquidity crunch at the Bahamas exchange. The post Exchange Wars Turn Into Truce as Binance Acquires FTX.Com appeared first on BeInCrypto.
After all the speculation surrounding the crypto exchanges Binance and FTX, Binance CEO Changpeng Zhao (CZ) revealed that his company is set to acquire FTX. CZ detailed that FTX asked for help and noted there is a “significant liquidity crunch.” FTX CEO Sam Bankman-Fried has confirmed the acquisition will take place.
Two of the leading cryptocurrency companies are merging in a deal announced Tuesday. Here are the early details.
The chaos continues. According to on-chain data, cryptocurrency exchange FTX appears to have stopped processing withdrawal requests.
A series of rumors and public spats has culminated in a takeover of the world's second-largest crypto exchange.
Binance CEO Changpeng Zhao and FTX CEO Sam Bankman-Fried both confirmed the news today on Twitter.
This week, FTT has attracted some notice. Users of BitMEX can trade FTT with up to 50x leverage through our FTTUSD and FTTUSDT listings starting at 12:00 UTC today.
The headline says it all. Stunningly, the world's largest cryptocurrency exchange, Binance, is set to acquire the world's second largest cryptocurrency exchange, FTX.
As the FUD surrounding FTX's solvency deepens, its native token FTT continues to suffer more distribution. FTT was trading at $15.65 at the time of press.
On Tuesday (8 November 2022), Binance CEO Changpeng Zhao (aka “CZ”) and Samuel Bankman-Fried (aka “SBF”) shook the crypto market with a pair of stunning announcements.
FTX token continued a recent sell-off on Tuesday, as prices slipped to their lowest level since February 2021. The decline comes as traders liquidated their positions, following recent tweets from Binance CEO Changpeng Zhao.
Cryptocurrency exchange Binance has signed a letter of intent to acquire rival FTX in an effort to help plug a liquidity hole
Binance has reached a deal with Sam Bankman-Fried's FTX to buy the crypto exchange.
Binance announced that it intends to fully acquire FTX to help the exchange cover its liquidity crunch. The post Binance to fully acquire FTX appeared first on CryptoSlate.
Binance CEO CZ tweeted that FTX asked for Binance's help during a “significant liquidity crunch.”
Binance Chief Executive Changpeng Zhao said on Tuesday the company had signed a non-binding agreement to buy rival FTX's unit, FTX.com, to help cover a "liquidity crunch" at the cryptocurrency exchange.
FTX CEO Sam Bankman-Fried called the news a "user-centric development that benefits the entire industry."
In an astonishing turn of events, Binance has announced their intent to acquire FTX due to a "liquidity crunch."
Binance Acquiring FTX: Binance CEO and FTX chief Sam Bankman-Fried appear to have found common ground with news of acquisition. The post Crypto Market, FTX Token (FTT) Bullish On News Of Binance Acquiring FTX appeared first on CoinGape.
Binance is buying FTX after FTT debacle.
