Bitcoin price hits 2-week lows as FTX ‘bank run’ drains BTC reserves
Analytics tools can barely keep up as mass withdrawals appear to imply liquidity is evaporating. Go to Source Powered by WPeMatico
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Binance CEO not interested in Alameda’s offer to buy up its FTT holdings
CZ signaled that he isn’t interested in an offer from Alameda to buy out Binance’s FTX Tokens saying they’d rather “stay in the free market.” Go to Source Powered by WPeMatico
Solana erases its ‘Google rally’ gains but a 50% SOL price recovery is still in play
Solana bulls show signs of countering the ongoing correction trend, raising anticipations that SOL price would recover in the coming months. Go to Source Powered by WPeMatico
Funding rates hit 6-month high before CPI — 5 things to know in Bitcoin this week
Signs that market optimism is running away with itself come ahead of the U.S. midterm elections and key economic data. Go to Source Powered by WPeMatico
Binance to liquidate its entire FTX Token holdings after ‘recent revelations’
Binance CEO Changpeng Zhao cited “recent revelations” as the reason for the liquidation, noting the sale of its tokens could take months to complete due to the size of its position. Go to Source Powered by WPeMatico
Report: Three Arrows Capital Liquidated for Millions, Sources Say Crypto Hedge Fund May Face Insolvency
According to “well-placed sources,” speaking with The Block reporter Frank Chaparro, the digital currency hedge fund known as Three Arrows Capital (3AC) may be facing insolvency after significant liquidations. Sources say that the 3AC “liquidation totaled at least $400 million” and the hedge fund’s founder Su Zhu tweeted about “communicating with relevant parties” Tuesday evening … Read more
CRO price hits new high after Crypto.com wins Los Angeles’ Staples Center naming rights
Crypto.com secures naming rights to the famous Staples Center in Los Angeles for $700 million. Go to Source Powered by WPeMatico
FTX Token hits new record up 50% so far in September — What’s driving FTT price higher?
The latest FTT price boom came in the wake of similar upside moves across exchange assets. Go to Source Powered by WPeMatico
Data suggests Uniswap is 36% overvalued and SushiSwap trades at a discount
An exchange token valuation methodology suggests that SUSHI trades at a 33% discount and that UNI price is 36% overvalued. Go to Source Powered by WPeMatico
FTX crypto exchange seals $210M naming rights deal for esports behemoth TSM
Sam Bankman-Fried’s FTX crypto exchange has completed another mega naming rights deal this time with esports giant TSM. Go to Source Powered by WPeMatico
