Cryptocurrency News
Despite the S&P 500’s ongoing rally, Bitcoin has experienced a significant decline, marking a rare divergence between these sectors since the stabilization following the FTX collapse in late 2022. Typically, such market conditions would see cryptocurrencies experiencing a relief bounce to catch up. 📊 Bitcoin's plummet has come in spite […]
Recent data from Spotonchain reveals that FTX and Alameda Research have made significant deposits of 4,500 ETH ($14.4 million) to Coinbase and Binance in the past 24 hours, signaling continued activity in the Ethereum market. This follows a trend observed since March 1, where the two entities have deposited a […]
Recent on-chain data analyzed by Spotonchain reveals significant movement of assets involving FTX and Alameda wallets. Approximately $105.9 million worth of 19 altcoins were transferred to two middle wallets in a recent transaction. #FTX and #Alameda wallets moved out $105.9M worth of 19 altcoins to 2 middle wallets ~14hrs ago, […]
FTT bounced off a key price level yesterday after retesting it as support. It has provided another big opportunity for a long-term buy after falling to its lowest price level in two months. The trend is likely to reverse soon. Following several drops in the past seven weeks, FTT extended […]
FTT found support this week after retracing for two weeks. The price bounced back earlier today as it gears up for another leg up. A surge through the last month’s resistance could set the asset for a big rally. In late 2023, when the overall market started to pick up, […]
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 […]