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ftx

FTT Crashes 30% As FTX Relaunch Hopes Fade: Is the Dream Over?

by Isaac Wright
FTT Crashes 30% As FTX Relaunch Hopes Fade: Is the Dream Over?

The dream of a revived FTX exchange evaporates, triggering a massive sell-off of its native token, FTT. According to Kaiko, on February 5, FTT, the now utility-free currency of the …

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FTX seeks expedited court approval to sell $1.4b Anthropic stake

by Isaac Wright
FTX seeks expedited court approval to sell .4b Anthropic stake

In its ongoing attempts to reimburse creditors, bankrupt crypto exchange FTX seeks a judicial green light to offload its roughly 8% stake in AI firm Anthropic. On Feb. 3, FTX …

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Bitcoin Wears a Patagonia Vest Now, but Is It Still Crypto?

by Ron Morgan
Bitcoin Wears a Patagonia Vest Now, but Is It Still Crypto?

Cryptocurrency cleaned up its act this week as spot Bitcoin ETFs made their Wall Street debut in January. The digital tokens are looking almost unrecognizable from what the industry represented …

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Forget Bitcoin, This Billionaire Is Betting Big On Solana For 2024

by Isaac Wright
Forget Bitcoin, This Billionaire Is Betting Big On Solana For 2024

In the dynamic world of cryptocurrency, Arthur Hayes, the former CEO of BitMEX, is painting an optimistic picture for the potential recovery and growth of Solana in the crypto market. …

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SBF’s FTX Won’t Restart Crypto Exchange But Plans To Fully Repay Customers ⋆ ZyCrypto

by Isaac Wright
SBF’s FTX Won’t Restart Crypto Exchange But Plans To Fully Repay Customers ⋆ ZyCrypto

Advertisement &nbsp &nbsp Onetime cryptocurrency darling FTX plans to pay all former customers and creditors in full, the firm’s lawyers told a judge during a court hearing on Wednesday. …

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FTX aims for full customer repayment; halts revival efforts

by Isaac Wright
FTX aims for full customer repayment; halts revival efforts

Bankrupt cryptocurrency exchange FTX is liquidating assets to repay customers, abandoning plans for a restart due to financial and legal difficulties. This decision was announced by FTX’s attorney, Andy Dietderich, …

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Vitalik Buterin reflects on his meeting with Putin, depicts the FTX collapse

by Isaac Wright
Vitalik Buterin reflects on his meeting with Putin, depicts the FTX collapse

In a recent introspective blog post, Ethereum co-founder Vitalik Buterin candidly addressed the complexities of his journey in the crypto world and its intersection with global politics.  Buterin’s revelations, particularly …

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FTX Unloads $1 Billion GBTC Shares; Will The Bitcoin Rally Be “Vicious”?

by Isaac Wright
FTX Unloads  Billion GBTC Shares; Will The Bitcoin Rally Be “Vicious”?

Fred Krueger, an investor and crypto analyst, is predicting a “vicious” Bitcoin (BTC) rally shortly. He cites the recent unprecedented accumulation of the coin by Wall Street heavyweights. This surge in …

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Alameda gap is still haunting Bitcoin despite ETF approval 

by Isaac Wright
Alameda gap is still haunting Bitcoin despite ETF approval 

Despite spot Bitcoin ETFs generating over $20 billion in trading volume, the crypto market faces ongoing challenges with liquidity.  The market’s liquidity, as measured by Bitcoin’s market depth, indicates that …

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FTX And Celsius Are Sending MATIC, ETH, And WBTC To Binance

by Isaac Wright
FTX And Celsius Are Sending MATIC, ETH, And WBTC To Binance

The crypto market might be about to experience a further downturn as a recent development suggests an imminent selloff is on the horizon. This comes following the recent market moves …

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