FTX’s token plunges 80% on liquidity concerns, wiping out over $2 billion in value
FTT, the token native to FTX, lost most of its value on Tuesday, after rival Binance, the world’s largest cryptocurrency firm, announced plans to acquire the company.
Coinbase pacifies investors worried about credit risk, exposure to FTX token – blog
Cryptocurrency exchange Coinbase Global Inc assured investors of minimal exposure to privately-held rival FTX after concerns about the latter’s financials dragged its digital coin FTT to its lowest since early…
Binance CEO Says Crypto Industry Can Learn Two Big Lessons From Collapse of FTX
The CEO of crypto exchange giant Binance says the nascent industry has much to learn from the collapse of the embattled exchange FTX. Hours ago, Changpeng Zhao announced that Binance…
FTT tanks 30% after 1.9M tokens moved to FTX, Binance denies selling
FTX’s FTT token lost roughly 30% of its value in the last 24 hours after 1.9 million FTT tokens — worth roughly $44 million at the time — were moved…
Sam Bankman-Fried Stands Ground Against Binance as FTT Slammed
Bankman-Fried stands firm, FTX token slips, and BNB coin rises. Speculations of FTX’s insolvency have swirled around the crypto market after Binance CEO Changpeng Zhao shared a revealing statement.
FTX CEO Sam Bankman-Fried Denies Insolvency Rumors as Binance Threatens to Liquidates FTT Token
Earlier, CZ threatened that Binance would liquidate all the FTT tokens in its book.
Why is FTX Token crashing? $600 million outflows FTT market cap in a day
With the ongoing controversy between two major cryptocurrency exchanges – FTX and Binance – and the latter dumping $500 million worth of FTT, it is no surprise that FTX token’s…
After FTT Plunge, Raoul Pal Weighs In On Binance-FTX Feud: ‘Unsettling
Raoul Pal, the former head of global strategy at Goldman Sachs, is disappointed with Binance’s decision to liquidate its entire token portfolio of the cryptocurrency exchange FTX (CRYPTO: FTT). What…
Sam Bankman-Fried Insists ‘FTX is Fine’ After Bombshell Report and Binance Liquidations
A flurry of speculation has hit FTT hard — and it has fallen by 14.5% over the past seven days. It’s the worst-performing cryptocurrency in the top 30 by market…
FTX Price Back To Multi-Month Support Of $22; Buy Again?
A V-top reversal from the $26.5 local resistance undermines the recent recovery in FTX price. Since last week, the coin price registered a 17% loss, reaching the bottom support of…
