FTX.com effectively paused withdrawals, CEO Sam Bankman-Fried told staff via Telegram, according to Reuters. The exchange — which Binance has struck a deal to acquire — experienced around $6 bi...
Tag: FTT
FTT Token dropped by more than 35% after Binance CEO Changpeng Zhao’s Action
The FTT Token price is leaving no possibility open as it drops like dead wood in the sky. Since the weekend, the token has been deeply involved in a rhetorical war of words between two crypto biggies:...
FTT temporarily jumps 44% on news of Binance acquisition before going into free fall
Update 8.20 pm: FTT continued on its death spiral to bounce at $2.73. It currently sits at $4.52.Update 6.20 pm: The token has continued to fall and is now trading at $9.40, down 60% on the day.Updat...
Crypto markets initially buoyed by Binance’s deal to buy FTX
Crypto prices popped following the announcement of Binance’s blockbuster deal to acquire rival FTX.com. FTX’s FTT token jumped 38% to almost $20 at 11:12 a.m. The price of the nativ...
Binance To Acquire FTX In Emergency Bailout
Key Takeaways After days of swirling rumors about a liquidity crisis at FTX, Binance has stepped in at the last minute to acquire the company and save it from collapse. This comes as FTX’s own t...
FTT dumps 30% in an hour amid violent reaction to FTX news
FTX (FTT/USD) token price has dropped more than 30% in one hour and nearly 60% in the past 24 hours, falling from around $22 on Monday to under $10 on Tuesday afternoon. At the time of writing, FTT/US...
FTT slumps 25% amid massive withdrawals from FTX – crypto.news
FTX’s native token FTT continues to plummet as rumors about the crypto exchange’s possible insolvency continue to make the rounds. FTT plunges 25% The price of FTT declined more than 25% on Tuesday, f...
Solana, FTT Bounce Hard on Binance Buyout, Then Crash Harder
Sam Bankman-Fried’s Twitter account has posted a thread claiming that Binance has bought FTX, the exchange that he had built into a global crypto titan. FTX’s native token, FTT, is soaring following d...
Binance steps in to buy FTX.com after token collapse
Binance is acquiring FTX.com following the collapse of its native exchange token FTT. FTX founder Sam Bankman-Fried, who’d been silent as questions swirled about the fate of the exchange, ...
$854,000,000 in Liquidations Rock Bitcoin and Crypto Markets As FTX Token (FTT) Collapses 86%
Extreme volatility is rocking Bitcoin and the overall crypto markets after the leading digital asset exchange Binance announced its intentions to acquire the embattled exchange FTX. Early on Tuesday, ...
FTT Crashes 70% – Trustnodes
FTX’s token FTT has plunged, down some 70% from $25 a couple of days ago to barely holding $7 as of writing. Its market cap has fallen by $2 billion in just two days, down now to $1 billion in one of ...
FTT Down 30% on Tuesday, Falling to 21-Month Low – Market Updates Bitcoin News
FTX token continued a recent sell-off on Tuesday, as prices slipped to their lowest level since February 2021. The decline comes as traders liquidated their positions, following recent tweets from Bin...
Binance CEO not interested in Alameda’s offer to buy up its FTT holdings
Changpeng “CZ” Zhao, CEO of cryptocurrency exchange Binance, appears disinterested in Alameda Research’s offer to buy out the crypto exchange’s FTX Token (FTT) holdings. Zhao responded to a question o...
El token FTT se desploma por temor a un posible contagio de Alameda en el mercado
Desde ese momento, en el mercado se ha despertado la preocupación por la liquidez de FTX. El exchange ha enfrentado un éxodo masivo de stablecoins, con US$451 millones enviados fuera de su plataforma ...
Markets turn red as FTT dumps amid rumors of liquidity issues
In the last 24 hours, the cryptocurrency market cap saw net outflows of $48.79 billion to $971.29 from $1,028.2 billion as of press time — down 4.79%. Bitcoin’s market cap fell 5.03% to $378.86 billio...
FTT Tanks 28% as FTX Exchange Struggles to Process Withdrawals
Key Takeaways FTX’s FTT token has broken critical support at $21. The downward move was spurred by a loss of confidence in the FTX exchange. FTX users have been withdrawing funds from the exchan...
300,000 ETH and 20,000 Bitcoin Withdrawn From FTX, BIT and Sol Down, FTT -25% – Trustnodes
FTX seems to be on the grip of full on panic with one of its ethereum address down from about 300,000 eth to just 1,000 eth according to onchain data. The balance is now increasing as new deposits are...
MIM stablecoin slightly loses dollar parity amid fears of partial FTT backing
The Magic Internet Money (MIM), a stablecoin issued by Abracadabra Money, has slightly lost its parity with the US dollar. The MIM stablecoin fell to as low as $0.95 before rebounding to $0.98 as of 5...
Binance’s CEO rejects Alameda’s offer to buy FTT via OTC – crypto.news
Changpeng Zhao (CZ) has said he would continue to support the “free market” and refutes claims of a plot against FTX in a recent statement. According to a recent statement on Twitter, the CEO of Binan...
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. On...
BitDAO Community May Dump 3.3 Mln FTX Token (FTT), Here’s Why
Crypto exchange Bybit’s native token BitDAO (BIT) plummeted 20% suddenly on Tuesday. Ben Zhou, the co-founder of crypto exchange Bybit, believes that Alameda Research dumped BIT tokens and breached th...
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 price and market capita...
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 from the Genesis over-the-counter (OTC) Desk to FTX...
Binance’s position on FTX tokens (FTT)
Sam Bankman-Fried, CEO and founder of FTX, made headlines because of a Coindesk remark immediately echoed vigorously by CZ, CEO of Binance, with respect to the FTT held. Why did Binance decide to liq...
Ethereum Price Crashes Below $1,500, Why FTT and BNB Sparked Downtrend
Ethereum started a major decline below the $1,500 support against the US Dollar. ETH faced an increase in selling after the market dumped FTT, SOL, and DOGE. Ethereum started a major decline below the...
FTX Token FTT Price Tanks 32%, Binance CEO Denies the Blame
The ongoing encounter between crypto exchange behemoths Binance and FTX is raging on. The loser at the moment appears to be the latter, as its FTT token price is tanking. Nevertheless, Binance claims ...
BitDAO Community Asks Alameda for Proof of Funds After BIT’s Sudden 20% Drop, Threatens to Dump FTT
The community behind BITDAO, which is supported by crypto exchange Bybit, Pantera, billionaire Peter Thiel, and several other funds, asked trading firm Alameda, to prove that they continue to hold 100...
CZ Explains Reality Behind FTX Token FTT Deposit To Binance
Binance FTX Token Updates: Amid much debate around Binance sale of the FTX token (FTT), CEO CZ tried to clear the air of ‘misconceptions’. Stating that he was surprised at the amount of discussion the...
FTT Token May Ignite A Death Rally Soon For Major Altcoins And Stablecoins! Here’s Whats Happening
It seems that the crypto market is going to witness another worst moment after just recovering from the prolonged effect of the historic crash of Terra’s LUNA in May. A leaked report from Sam Bankman ...
Amid FTT liquidation we take a look at how other Alameda-owned tokens are performing
May is not that far and the crypto market is about to witness another crash, this time through FTX and Alameda Research platforms. Even top crypto analysts and experts have advised investors to invest...
Bankman-Fried Denies Insolvency Rumours of FTX, FTT Token Slumps Over 6% during Intraday
FTX CEO Sam Bankman-Fried tweeted Monday, claiming that “FTX is fine. Assets are fine.” However, FTT, the native token of the crypto exchange FTX, its price has slumped over 24 % over the ...