GMX witnessed interest from whales. However, the protocol faced challenges in terms of daily activity. According to new data provided by Santiment, GMX tokens have been on the receiving end of massive...
Tag: PostFTX
Bitcoin’s distribution unchanged post-FTX, remains top-heavy with whales dominating
By now, we all know the sordid tale of Mr Bankman-Fried, the one-time crypto prodigy who is now under house arrest in the far-too-comfortable California house owned by his parents. While the debacle m...
Solana Flips Shiba to Regain Footing Post-FTX — Is MATIC Next?
Solana (SOL) is eyeing a return to the top 10 cryptocurrencies by market value — now trading only 25% below its price point recorded just before FTX imploded. SOL sank more than 70% in the months foll...
Elizabeth Warren rallies crypto critics to defend the SEC’s record post-FTX
Sen. Elizabeth Warren, D-Mass., pushed for tighter regulation on the crypto industry on Wednesday in an event hosted by the American Economic Liberties Project called “Confronting the Crypto Cha...
Bitcoin hits new post-FTX high as analysis warns move ‘choreographed’
Bitcoin (BTC) hit new two-month highs overnight into Jan. 19 as suspicions over the market’s validity gained momentum. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Concern over BTC liqu...
Bitcoin Price Touches $20,000 For First Time Post-FTX Collapse
Tony Spilotro I’m Tony Spilotro. Behind the pseudonym, I’m a global remote work leader with a decade of award-winning content experience and excellence. Here, I explore my newfound passion...
Crypto players lament sputtering OTC trading as mistrust flourishes post-FTX
The crypto OTC market is sputtering, and that has otherwise high-spirited crypto enthusiasts bummed out. Amid a dramatic backdrop of snow-capped mountains in the Swiss Alps, crypto investors lam...
USDC adoption on Ethereum grows post-FTX collapse; USDT remains flat
After a brutal sequence of events led to the collapse of several crypto-related firms in 2022, FTX’s bankruptcy dealt a massive blow to public trust in centralized crypto entities. During this period ...
Block Manager Sees Self-Custody as Future of Crypto Post-FTX
In order to move funds with the wallet, the user decides when they want to use just their phone with the app or their phone and the hardware together to move money. Without the two, Guise said, “Block...
U.S. regulators issue post-FTX collapse crypto warning to banks
U.S. banking regulators remain skeptical of banks holding digital assets. The Federal Reserve, the Office of the Comptroller of the Currency and the Federal Deposit Insurance Corp. put out a jo...
Bitcoin recovers faster post-FTX than after past major capitulation events, data shows
Although Bitcoin (BTC) has been trading in a sideways pattern in recent days, as the aftermath of the FTX collapse still pressures the cryptocurrency market, its funding rates are recovering faster th...
Democrats split on Gensler’s crypto approach post-FTX
As Congress weighs the FTX collapse, Democrats appear split on how much more the Securities and Exchange Commission and its chair, Gary Gensler, could have done to stave off what the agency now calls ...
Solana Cryptocurrency Outlook Post-FTX Bankruptcy
| Getty Images Key Takeaways The collapse of the FTX crypto exchange is having a ripple effect on the entire crypto industry; casualties pile up as the bankruptcy proceedings begin. Sam Bankman-Fried ...
Derivatives platform Paradigm lines up new exchange partnerships post-FTX
Paradigm, the crypto derivatives platform, suffered a big hit to trading volumes following the collapse of FTX. Now, the startup is lining up new exchange partners to try to recapture what it lost. &#...
Paxful to delist Ethereum following push for integrity post-FTX
Ray Youssef, CEO and co-founder of Paxful, announced plans to remove Ethereum from the platform and said that the “revenue is nice but integrity trumps all.” The comment came in response to an assessm...
Crypto.com Releases Proof of Its Reserves As Digital Asset Sector Reckons With Post-FTX Suspicion
As the shell-shocked crypto sector continues to reckon with the shrapnels of FTX’s implosion, more exchanges have been attempting to prove their reserves can withstand the types of bank runs that drag...
In Post-FTX World, Circle Kills SPAC Plans
In a “mutual decision,” Circle and its planned special purpose acquisition company (SPAC) partner Concord have pulled the plug on plans to go public, the companies said Monday. The SEC had not g...
Analyzing the current state of Ethereum, DeFi, stablecoins, NFTs post-FTX fallout
Price drawdown from ATH 2022 approaches year-end; it has been a historical year for all asset classes due to the rapid tightening of monetary policy worldwide and the strength of the U.S. dollar. It h...
On-chain Perpetual Swaps Trends in 2022 and Post-FTX
December 2, 2022, 2:20PM EST • 7 min read Quick Take The collapse of FTX highlighted the shortcomings of centralized exchanges. Self-custody could have been the main catalyst to drive further adoption...
Sam Bankman-Fried is down to $100,000 post-FTX
Sam Bankman-Fried, the former CEO of the FTX crypto exchange with a prior net worth of $26 billion, revealed to Axios on Monday that he is down to his final $100,000 following the collapse of FTX. Sam...
ETH deflationary gains erased post-FTX collapse
Ethereum (ETH) recently became the most deflationary it had historically ever been amid the FTX collapse, reaching a deflationary percentage of -0.00514%, but as of Nov 29, ETH has lost almost all def...
Will Crypto.com Thrive Or Take A Dive Post-FTX?
| Getty Images Key Takeaways Crypto.com’s CEO stated that the company’s exposure to FTX was limited to $10 million instead of the $1 billion many initially feared. Crypto.com reported that it had reco...
Three Arrow’s Su Zhu reveals latest attempts at a comeback post-FTX
Three Arrows Capital co-founder Su Zhu looks like he may be attempting a comeback amid the fallout over FTX and Sam Bankman-Fried — seen by some as the crypto industry’s newest supervillain. After mon...
Mexican crypto platform Bitso bets on transparency to reassure users in a post-FTX world – crypto.news
Mexican crypto platform, Bitso, published a transparency roadmap to calm a cryptocurrency community wary of centralized custodians following the fall of major crypto exchange FTX. According to a Nov. ...
Genesis Trading Warns of Possible Bankruptcy as Post-FTX Fundraising Falters: Report
After its lending arm suspended services last week and spent the weekend on fruitless fundraising efforts, crypto industry stalwart Genesis Trading has warned that it may be facing bankruptcy, Bloombe...
Singapore Police warns investors about post-FTX phishing scams
Singaporean Police have warned that scammers are targeting investors still hurting from the losses brought on by the recent bankruptcy of cryptocurrency exchange FTX. According to local news outlet Ch...
Post-FTX Meltdown, Regulation-Abiding Companies Can Restore Trust
What advisors and clients need now from the digital assets space is a trusted partner, someone they can work with. Crypto exchanges will need to diversify their revenue streams to create more stabilit...
Crypto Executive Reveals State of Solana Post-FTX Collapse, Comments on Dogecoin Rival BONK
A top executive of Solana (SOL) says the Ethereum (ETH) rival is bouncing back after suffering the impacts of FTX’s collapse. In a new Bloomberg interview, the head of strategy and communications at S...