The biggest news in the cryptoverse for Nov. 7 includes Bitcoin mining difficulty’s decrease by 0.19%, Binance’s decision to liquidate all its FTT holdings, and FTX CEO Sam Bankman-Fried’s assurance t...
Tag: FTT
FTX’s token falls sharply amid Binance controversy
FTT, the token created by crypto exchange FTX, dropped sharply the past hour. The token’s price fell 19%, from roughly $22 to below $18 shortly after 10:00 p.m. ET, according to data tracked by ...
A Good Week for Exchange Tokens, Except FTT; Solana Continues Falling
Bitcoin and ether, the two largest cryptos in market value, had a quieter day, falling about 2% and 1.3%, respectively, over the past 24 hours. BTC remained comfortably over its most recent $20,000 su...
FTT (FTX) collapses after Binance announcement
The blame lies with fears over Alameda Research’s financials and its close liquidity ties to the FTX exchange, which are worrying many investors, particularly after decisions by Changpeng Zhao, the CE...
FTX Stablecoin Reserves Dwindle After Binance Promises to Sell FTT
Crypto exchange FTX is rapidly losing stablecoin liquidity after Binance CEO Changpeng Zhao (CZ) announced his company’s full exit from its FTT position on Sunday. ETH withdrawals from FTX have also t...
Solana price slumps amid FTX, Binance founder fallout
The price of Solana (SOL) fell 9% amid a spat between the founders of Binance and FTX crypto exchanges, Changpeng Zhao and Sam Bankman-Fried. SolUSD chart by TradingView. Aggregate o...
FTX’s FTT Token Price Drops 10% Post Mass Dump by Binance
Exchange News Binance has dumped 23 million FTX tokens valued $584 million. Binance was an early investor in FTX and last year made a $2.1 billion exit last year. Following recent developments, Binanc...
Crypto Markets Feared to Hit Bottoms! Should you Liquidate all of your FTT?
No sooner than Binance CEO, Chanpang Zhao (CZ) compared the FTT price plunge with the unfamous LUNA price slash, hefty withdrawals were registered in a very short time frame. Interestingly, the indica...
Binance is Selling Off FTT As Worries About FTX Exchange Balance Sheet Mount
Join Our Telegram channel to stay up to date on breaking news coverage The CEO of Binance, Changpeng Zhao, said that the exchange would sell all the FTT tokens held in its portfolio. Zhao said that th...
Crypto market sentiment could hinge on Solana and FTX’s native tokens
The price of Solana and FTT might end up being the most important data points for the trajectory of the crypto market this week, according to B2C2. In a note published Monday, the market maker ...
Solana (SOL) Price At Risk With Binance FTX Token FTT Sale
Solana (SOL) News Updates After FTX Token Sale Announcement: After gaining an encouraging push with the Google partnership news, Solana (SOL) price appears back at square one now. With nearly 13% pric...
FTX token shows signs of resilience after CZ tiff
The price of FTX’s native token FTT showed signs of resilience after a dramatic weekend for the exchange operator and its biggest rival, trading in the green earlier on Monday before declining s...
Holding FTT And BNB? It Might Be Time For You To Get Out
Cryptocurrencies such as BNB and FTT have been seeing some downside in the last 24 hours. This follows an eventful weekend that has culminated in what has been a clear intention of crypto exchange Bin...
FTX Withdrawals Smooth Despite Massive FTT Liquidations – crypto.news
Massive liquidations of FTT tokens have occurred as a result of Binance selling its initial ownership of the token. In response to the recent events, SBF assured that withdrawals were operating normal...
FTT Token Resilient (-1%) Amid FTX-Binance Saga
FTX token (FTT), the native cryptocurrency of digital asset exchange FTX, recorded a minimal decrease of about 1% despite a recent huge sale of about $583 million worth of FTT tokens. The resilience ...
FTX’s FTT risks drastic fall as tokens flood exchanges
Glassnode data, as analyzed by CryptoSlate, shows that around 50 million FTX’s FTT tokens have been dumped on exchanges following Changpeng Zhao’s announcement that Binance would liquidate its FTT pos...
Analyzing the Bank Run on FTX
November 7, 2022, 11:13AM EST • 4 min read Quick Take Rapid Insights provide a deeper analysis of the current crypto landscape in a timely fashion. This issue of Rapid Insights summarizes the latest d...
Binance Sell-off Announcement Keeps Driving FTT Surges
Editors News Approximately $292 million worth of stablecoins has departed FTX during the past week. The market turbulence has also affected Binance’s BNB cryptocurrency. As the digital asset market co...
Solana Plunges 12% – Is FTX Selling Its SOL To Defend FTT?
Amidst the turmoil surrounding crypto exchange FTX, there is currently one big loser, Solana (SOL). While the FTT token is at the center of discussions for many market observers after Binance CEO Chan...
Bankman-Fried says ‘FTX is fine’ even as FTT price falls
FTX token (FTT/USD) price is falling again, down nearly 4% at the time of writing on Monday morning, as selling pressure remained amid “rumours” about the crypto exchange FTX. Reported delays in custo...
Binance to Sell Its Remaining FTX Tokens (FTT) amid Concerns of Alameda’s Financial Condition
Amid speculations over the financials of Alameda Research, Binance chief Changpeng Zhao decided to liquidate his remaining holding of FTX tokens leading to a strong price correction. Last week, CoinDe...
Binance Liquidates Entire FTT Holdings
Binance is liquidating its remaining FTT holdings, according to the crypto exchange CEO Changpeng “CZ“. However, CZ has not clarified the reason behind liquidating FTT – the native t...
FTX Token price risks 30% plunge as a 23M FTT ‘part’ moves to Binance
An ongoing selloff in the FTX Token (FTT) market could worsen in the coming months owing to a mix of pessimistic technical and fundamental indicators. FTT could plunge 30% From a technical perspective...
FTT Drops 10% After Binance Dumps Its Entire Stash of 23 Million FTX Tokens
In a quick-paced turn of events over the weekend, Binance CEO Changpeng Zhao announced that his company would liquidate all FTT holdings given the “recent revelations.” The statement made FTT price ta...
Binance liquidates all existing FTT in their possession
In one of the tweets, Binance mentioned that they had recently obtained approximately $2.1 billion USD, equivalent to cash ($BUSD and $FTT). This occurrence occurred because of Binance’s move to withd...
Binance Plans To Liquidate Its FTX Holdings, FTT Price Drops 5%
While most of the cryptocurrencies are enjoying a bull run for more than a week, FTX’s native token, FTT, was hit with severe volatility after Binance’s recent move. On Nov 6, Binance CEO Changpeng Zh...
Binance Moves To Liquidate Its Entire FTT Token Holdings
Binance CEO Changpeng Zhao revealed on Sunday that his cryptocurrency exchange would be liquidating its entire holdings of the FTT token. The FTT dump comes on the heels of Sam Bankman-Fried’s commen...
Billionaire Changpeng Zhao’s Binance To Offload All Remaining FTT Tokens Of Sam Bankman-Fried’s FTX
Sam Bankman-Fried (left), founder and CEO of FTX, and Changpeng Zhao, cofounder and CEO of Binance. Bloomberg Changpeng Zhao, the billionaire cofounder and CEO of Binance, said on Sunday that his cryp...
Binance Reveals FTX FTT Token Liquidation Intentions, Raising Insolvency Concerns
Binance founder Changpeng ‘CZ’ Zhao said on Sunday that the exchange is liquidating its position in the FTT token of its rival exchange, FTX. Changpeng Zhao said Binance was making the decision based...
Binance To Liquidate FTX’s FTT Holdings “Due To Recent Revelations” ⋆ ZyCrypto
Advertisement     Binance will sell the remaining FTX’s FTT tokens on its balance sheet according to the exchange’s CEO Changpeng Zhao “CZ”. Making the announcement la...