Solana, the cryptocurrency that caught institutional investors’ consideration this month with its noteworthy surge from $21 to $63, is currently under a magnifying glass as late price movements suggest an expected shift in market sentiment. While the recent spike raised Solana’s status in the crypto community, ongoing developments have provoked […]
Solana’s price has increased by an astounding 80% in the last month. The large increase in value has sparked apprehension among the cryptocurrency community, mainly because of substantial withdrawals made by FTX exchange. The price of $SOL has increased by ~80% in the past month. And #FTX transferred 1.38M $SOL($56M) […]
The recent flurry of activity in the FTX and Alameda asset-receiving wallets has raised questions within the cryptocurrency community. Notable transfers and sales of various assets have garnered attention due to their scale and frequency. UPDATE:FTX/Alameda sold 253,862 $LINK($2.67M) and 1.59M $AGLD($1.34M) ~30 minutes ago.https://t.co/zrYDn41Ja8 pic.twitter.com/YDGCvs8Z0w — Lookonchain (@lookonchain) October […]
In recent months, a number of “black swan” incidents have shaken the cryptocurrency space, resulting in the loss of billions of dollars in investor assets. The top 4 most recent events are listed below: TerraUSD’s Demise The TerraUSD (UST) stablecoin crashed in May 2022, wiping out investor cash worth billions […]
After a long crash, FTT found a local bottom earlier this month and recovered to $3 last week. The price dropped and rebounded but has failed to retake the previous price level. The FUD surrounding the FTX token is still very high considering the collapse and most importantly the fraud […]
After the FTX collapse, the price has remained in consolidation with no sign of volatility for weeks. Today, it shows strength as the price increased to $2 on Binance. The next few hours of trading will determine how long the gains can sustain. As Bitcoin‘s price surged to $17300 today, […]
Following the latest Binance-FTX saga, the price of FTT decreased heavily by 83% today alone, as it now trades below $5. Over $80 billion was wiped out from the overall crypto market capitalization within just 5 hours of trading, putting the market in a severe bearish condition. The current liquidation […]
Binance is already the biggest cryptocurrency exchange in the world. It appears that the company will keep improving its presence across different industries. By investing in a derivatives platform, an interesting decision has been made. FTX is a hot Commodity Very few details are known about the deal at this […]