HMSTR, SUI, FTT: Top cryptocurrencies to watch this week
The global crypto market cap ended last week with a 7% drop, losing $160 billion as it closed at $2.15 trillion.
Keep up with what's happening in the crypto world in real-time.
The global crypto market cap ended last week with a 7% drop, losing $160 billion as it closed at $2.15 trillion.
The FTX $12.7 billion repayment is a bullish catalyst many never expected, considering the exchange's collapse was behind the 2022 bear market. With fresh liquidity to be injected into the crypto market, Binance Coin (BNB) and Solana (SOL) are altcoins to watch. Meanwhile, whales have been positioning themselves ahead of the upcoming bull run.
FTX Token (FTT) rose 64% to $2.23 ahead of the October 7 court hearing on creditor repayments, with a potential 160% increase if approved.
Bitcoin and other altcoins held steady after the Bureau of Labor Statistics published encouraging September nonfarm payrolls data. US nonfarm payrolls rebound Bitcoin (BTC) rose slightly to $62,500 while Solana (SOL) jumped by 3% to $140.
FTX Token (FTT) has erupted with a 20.40% surge over the past 24 hours, now trading at $2.40.
The bearish action in the crypto market has led to top projects such as Bitcoin, Ethereum, and others losing momentum. However, FTX has been one cryptocurrency that has gained significant pace within a short period. Further, with a jump of ~30%, it has secured the position of top gainer among the top 100.
FTX Token (FTT) is now the talk of the town, thanks to speculations surrounding FTX's plans to begin creditor and customer repayments.
FTT token of the bankrupt crypto exchange FTX witnessed a dramatic price surge by 115% and hitting $2.99 before closing at $2.40. The token has been trading around $1.30 for quite some time before suddening surging. Let's understand why this token became so bullist amidst market uncertainty.
Meanwhile, Iran's missile threat against Israel rattles markets as Coinbase and bitcoin mining stocks sell off.
The price of FTT, the native token of the now-defunct cryptocurrency exchange FTX, has surged 60% to a high of $2.7.
Will FTX creditors start receiving reimbursement funds by 30th September?
FTX Token (FTT), the cryptocurrency associated with the bankrupt exchange FTX, experienced a significant price surge on September 29, climbing over 70% to reach $2.70.
Latest updates on TON, TRX, and FTT coins.
Amid the anticipation around the Bull Run, most cryptocurrencies are facing a bullish push these days, including the FTX Exchange token, which is surprising. FTX was among the most popular exchanges but filed for bankruptcy after it misused the user's funds and other illegal practices, leading to the collapse.
The FTT token is back in action as the broader market slows down as September concludes. With rising speculations that the $16 billion payment to FTX creditors will come soon, the market price concludes a long-coming resistance trendline.
Cryptocurrency Prices Today: The global cryptocurrency market is showing a slight 0.13% increase over the past 24 hours, bringing the total market cap to $2.31 Trillion. However, 24-hour trading activity has taken a significant dip, dropping by 18.72%, now sitting at $47.37 billion.
The crypto prices today have illustrated mixed actions, stirring investor speculations globally. Bitcoin (BTC) price slipped to the $64K level, whereas Ethereum (ETH) and Solana (SOL) encountered significant volatility.
The cryptocurrency belonging to the defunct cryptocurrency exchange FTX (CRYPTO: FTT) dramatically jumped on Sunday, dwarfing the gains made by the rest of the market. What happened: FTT exploded more than 60% over the last 24 hours, turning out to be the market's biggest gainer by a mile.
The FTX token has recorded a massive price surge in its portfolio in the past few hours raising many speculations. Notably, the price rally sparked following a tweet by a crypto influencer “Crypto Rover” claiming that the FTX exchange could be repaying $16 billion to its creditors from 30th September.
The former FTX chief of staff reportedly “donated” FTT tokens he had obtained at a price of $0.05, later selling them after public trading opened for $1.
Story Highlights The live price of FTX is . FTX price, with a potential surge, could go as high as $1.62 by the end of 2024. FTT price could reach a high of $14 by the end of 2030. FTX (FTT) Token shows intriguing movement in 2024 as the bulls are gradually making a comeback.
Despite increased selling pressure within the cryptocurrency market, the FTX price has recorded a bullish price action since the week started. This indicates an increase in the buying-over-selling pressure for the altcoin in the crypto space.
FTX restructuring plan has encountered a major obstacle, particularly affecting holders of the exchange's native FTT token. The official committee of FTX unsecured creditors recently made an announcement that has caused concern in the crypto community.
A local source revealed that Japan's leading crypto exchange, bitFlyer, is negotiating to buy all shares of FTX's Japanese subsidiary. Japan's NHK news confirmed that the FTX firm is making adjustments as it prepare for business expansion and new acquisition.