The FTX downfall severely affected Solana, a major cryptocurrency exchange. Recently, Solana reacted to FTX’s downfall. It released a letter that mainly detailed the risks of bankrupt crypto exchange ...
Tag: Downfall
A Film On The Downfall Of The World’s Largest Crypto Exchange FTX
The entire crypto industry was curious to know the reason behind the FTX downfall in the crypto market. Many questions still need to be solved for FTX users. Every crypto user wants to know one of the...
Will Solana’s Downfall Pave The Way For Cardano’s Rise?
As the effects of the demise of Fried’s FTX empire began to spread, the crypto cryptocurrency Solana, which was connected to a blockchain supported by Sam Bankman-Fried, fell more than 52% in just one...
Will the Downfall of CeFi Lead to DeFi Adaptation?
22 seconds ago | 2 mins read Editors News Kanye West accuses Adidas of freezing $75 million in his bank accounts. Harvard University’s new study says that the central bank must hold bitcoin. Kanye Wes...
Analyst Predicts Aftermath for Solana, Serum, Sushi and FTT Following Downfall of FTX and Sam Bankman-Fried
A popular crypto analyst is laying out his predictions for Solana (SOL) and a handful of other altcoins after this month’s digital asset market fallout. The pseudonymous trader Altcoin Psycho tells hi...
Will Bitcoin Price Continue its Downfall In Coming Weeks?
Published 8 seconds ago Amid the recent bloodbath in the crypto market, the Bitcoin price lost the last 2022 bottom support of $18400-$18200. Losing this crucial support indicated the BTC price should...
FTX’s downfall resulted from the market acting as ‘judge, jury and executioner’ — Pompliano
Prolific podcaster and cryptocurrency investor Anthony Pompliano has not lost faith in people or the crypto industry despite the disappointing conduct of former FTX CEO Sam Bankman-Fried. Bankman-Frie...
FTX Downfall Probably Sparked By The Collapse Of Terra
In his first court filing, new FTX CEO and bankruptcy trustee John Ray III revealed yesterday an even greater extent of the fraud and chaos behind the collapse. “Never in my career have I seen such a ...
Ineffective Altruist: The Philosophical Movement Tainted by Bankman-Fried’s Downfall
Sam Bankman-Fried’s reckless, fraudulent behavior took down more than just his empire. He also mortified the millions of customers and businesses who trusted him and tarnished the reputation of a phil...
Cardano price analysis: Downfall continues as bulls are crushed under bearish pressure
Cardano price analysis reveals the cryptocurrency is facing loss once again as a heavy sell-off has been observed today. The price improved significantly in the last week, and the trend line was conti...
‘Big Short’ Michael Burry Suggests He Bet on a Company’s Downfall
Michael Burry is a savvy investor. He is one of the legends of Wall Street, which makes him one of those financiers whose every word is followed closely by millions of investors. Investors watch his...
How Many Investors Are Affected by The FTX Downfall?
Join Our Telegram channel to stay up to date on breaking news coverage The bankruptcy filing made by the FTX exchange shows that the company has over 100,000 creditors. Moreover, the number of credito...
FTX downfall was a turning point for citizen journalism: Coinbase CEO
Coinbase CEO and co-founder Brian Armstrong have applauded the work of citizen journalists and blockchain analysts surrounding the unfolding FTX crisis and its former CEO Sam Bankman-Fried. In a Nov. ...
The Philosophical Movement Tainted by Bankman-Fried’s Downfall
Sam Bankman-Fried’s reckless, fraudulent behavior took down more than just his empire. He also mortified the millions of customers and businesses who trusted him and tarnished the reputation of a phil...
Solana Prediction: Will Solana Crash after FTX’s Downfall?
The cryptocurrency market suffered from immense losses in the past week. The bankruptcy of FTX sent crashing waves across all cryptocurrencies with no exceptions. Now that we’re in the middle of the c...
Why FTX May Not be the Only Scapegoat in its Own Downfall?
The bankruptcy of FTX Derivatives Exchange, the once crypto behemoth valued at about $32 billion, has served as a reference point for many to look at and engage with the industry with extreme caution....
Low Volume Downfall Suggests Ethereum Price Should Rise Back To $1400
Published 18 seconds ago Ethereum’s price fell with decreasing volume for three consecutive days, suggesting a temporary slump. Therefore, if the altcoin price could sustain above the $1245 or $1100 m...
Jump Crypto says it remains ‘well capitalized’ following FTX downfall
Jump Trading’s cryptocurrency arm said it remains “well capitalized” after FTX and Alameda Research filed for Chapter 11 bankruptcy protection earlier this week. On Saturday afternoo...
BitMex’s Founder Stated That The Downfall Of FTX Will Impact Bitcoin, Ethereum, And Solana
FTX, the world’s second largest crypto exchange platform, valued at $32 billion (USD), was facing severe losses. The United States Securities and Exchange Commission (SEC) has started an investigation...
Bitcoin, Ethereum Price Prediction- These Lost Supports Could Extend the Prevailing Downfall
Published 13 hours ago Bitcoin, Ethereum price prediction: the crypto market has paused its aggressive selling and shows a relief rally in a majority of the major cryptocurrencies. Such sudden reversa...
Bitcoin May Revisit $10,000 for Worse Reason Than FTX Downfall: Bloomberg’s Chief Analyst
Yuri Molchan Chief strategist of Bloomberg has named driver that may push BTC down to $10,000 Leading commodity strategist Mike McGlone of Bloomberg Intelligence has taken to Twitter to share a foreca...
Downfall Continues, What’s the Price Bottom?
Bitcoin, Ethereum, and XRP all shared the same bearish narrative with prices plunging by double digits on the weekly window. A larger market downfall, following the FTX-Binance drama, led to market-w...
What Led to the Downfall of the Fourth-Largest Crypto Exchange
Sam Bankman-Fried made a series of critical mistakes which led to the demise of the FTX exchange, according to a report by Reuters. The report noted that amid tightening monetary policies and broader ...
The Downfall of Sam Bankman-Fried’s FTX: The Industry Reacts
The rise and fall of Sam Bankman-Fried’s FTX exchange has already had a profound impact on the industry. Bankman-Fried is among the most influential political dealers in crypto, and so regulators and ...
FTT Drop Leads To Founder’s Downfall
Founder Sam Bankman-Fried’s net worth plummeted 95% following the crash of FTX’s native FTT token, resulting in him losing his billionaire status. SBF Is No Longer A Billionaire According to data rev...
Sam Bankman-Fried’s ‘Emperor’ Aura Makes Downfall a Crypto Stunner
(Bloomberg) — Sam Bankman-Fried was supposed to be different than the run-of-the-mill crypto types. He was this wunderkind, a 30-year-old with a preternatural gift for math who had quickly built...
FTX Downfall Leaves Crypto Market in FUD Sentiment
The collapse of cryptocurrency exchange FTX on November 8, has created another big downturn in the already gloomy crypto industry. Bitcoin has collapsed 11.6%, while Ethereum has witnessed a collapse ...
Crypto Crash Intensifies Amid Downfall Of Industry’s ‘White Knight’ Bankman-Fried
Topline Bitcoin fell to a two-year low and the crypto market slid after a shocking run on billionaire Sam Bankman-Fried’s FTX cryptocurrency exchange and subsequent pact for an acquisition from rival ...
The conflict between Grayscale and bitcoin: the downfall of bitcoin
The difference between the shares of Grayscale Bitcoin Trust (GBTC) and the underlying bitcoin held by the fund has grown, reaching a record of 26.5% on Wednesday. The favored method for institutional...
Markets in Downfall With Massive Liquidity Outdraw
Bitcoin News Friday stock market closing depicted around $930 billion liquidity in total. The number of people unemployed or seeking jobs remains 3.5% lower than the projected rate. The global market,...
Opinion: Facebook and Google grew into tech titans by ignoring Wall Street. Now it could lead to their downfall
Alphabet Inc. and Meta Platforms Inc. became two of the most valuable companies in the world by largely ignoring Wall Street and its concerns about their spending and big-money acquisitions. Now, in t...