Archives par catégorie: Business

The FTX crisis has escalated into a legal battle between bankrupt crypto exchanges and firms whose assets are stuck on its platform. Before FTX froze assets withdrawal, many crypto firms couldn’t recover their funds from the exchange. As a result, many firms have announced a potential financial crisis if their funds remain unrecovered. Several Users […]

 MATIC’s price fails to hold amidst market turmoil as the price falls back to its key support zone with a range-bound movement.  MATIC’s price continues to show strength after a bearish downtrend with the market’s current state, as things look uncertain for most traders and investors.  MATIC’s price continues to hold $0.75 on the daily […]

Per a report from the Washington Examiner, NFL Legend Tom Brady and others are facing a class action lawsuit from FTX investors. The football player is one of the many celebrity ambassadors who vouched for the crypto exchange platform.  Earlier this week, FTX halted new request withdrawals from its users. Later, its former top executive […]

Data shows an XRP whale has made a massive withdrawal of $134 million from Binance, something that could prove to be bullish for the price of the crypto. Whale Transfers $135 Million In XRP Out Of Crypto Exchange Binance As per data from the crypto transaction tracker service Whale Alert, a huge XRP transfer was […]

Shiba Inu (SHIB) and XRP have shown strength in the present recovery in the market. The crypto market decline had been triggered by the FTX collapse, and even now, the negative effects are still being felt all across the space. However, it has also been a time for digital assets in the space to show […]

Data shows the Bitcoin 7-day volatility has come alive during the last week as the collapse of crypto exchange FTX has shaken up the market. Bitcoin 7-Day Volatility Has Spiked To Values Above 7% According to the latest weekly report from Arcane Research, the current 7-day volatility levels are the second highest seen in this […]

 BNB’s price fails to hold amidst market turmoil as the price falls back to its key support zone with a range-bound movement.  BNB’s price continues to show strength after a bearish downtrend with the market’s current state, as things look uncertain for most traders and investors.  BNB’s price continues to hold $270 on the daily […]

Following FTX’s demise, Ethereum and the whole cryptocurrency industry in general experienced one of its most challenging periods. Because of this, the value of ETH, a significant alternative currency, has plummeted by over 36% in the last week. Bearish emotion may be pervading over the cryptocurrency market, but the second most popular cryptocurrency is now trading […]

The most recent collapse of FTX Exchange, as well as platforms such as Celsius, BlockFi, and Voyager Digital, has resulted in strong disbelief in the liquidity of centralized crypto custodians – and for good reason.  As a result of a chain of events caused by negligence, misfortune, or full-on malice, investors have shifted their focus […]

As Daily Mail reports, FTX’s former CEO Sam Bankman-Fried could be facing extradition. After more and more shocking details about FTX, Alameda and their leaders came to light in recent days, Bankman-Fried is facing extradition by the FBI, according to the latest reports. Already on Monday, it was revealed that the U.S. Department of Justice […]

 DOGE’s price fails to hold amidst market turmoil as price falls back to its support zone with a range-bound movement.  DOGE’s price continues to show strength after a bearish downtrend with the market’s current state, as things look uncertain for most traders and investors.  DOGE’s price continues to hold $0.08 on the daily timeframes as […]

Toncoin, Telegram’s official blockchain token, has printed positive gains as the overall market tries to recover. TON saw a price increase of 1.52% on the day while gaining ground against BTC and ETH. It also reached an intraday high of $1.71. However, it has retracted, sitting at $1.69 press time. The blockchain’s native token has […]

The XRP price cannot escape the broader market sentiment at the moment and was trading at $0.3781 at press time. With this, XRP was unable to defend yesterday’s gains of over 9%, and continues to show itself trapped in a price channel between $0.32 and $0.40. The channel was established when XRP price fell from […]

While trading in the red zone at press time, the KuCoin token (KCS) has lost substantially in the last 7 days. The token had joined the entire crypto market in its downward trend after the FTX implosion. However, exchanges like KuCoin may benefit from the recent failure of the FTX collapse.  Johnny Lyu, CEO of […]

Dogecoin declined below the $0.14 support against the US Dollar. DOGE tested the $0.070 support and now aims a fresh move above the $0.10 resistance. DOGE started a fresh decline below the $0.14 and $0.12 levels against the US dollar. The price is trading well below the $0.110 zone and the 100 simple moving average […]

Avalanche (AVAX) peaked at $20.31 on November 6 as it gave its best to recover from the bearish trend that engulfed the broader crypto market towards the tail-end of October and the opening days the current month. However, on November 12, the cryptocurrency experienced a severe price correction that pulled it all the way down […]

Ethereum started a recovery wave above the $1,240 level against the US Dollar. ETH could gain bullish momentum once it clears the $1,280 and $1,300 resistance levels. Ethereum started a recovery wave above the $1,220 and $1,240 levels. The price is now trading near $1,260 and the 100 hourly simple moving average. There is a […]

The Solana (SOL) ecosystem, according to Laguna Labs Chief Executive Officer (CEO) Stefan Rust, took a harder hit compared to other major digital coins such as Bitcoin and Ethereum following the collapse of the FTX crypto exchange. Here’s a quick glance at SOL performance: Following the collapse of FTX, Solana lost almost 60% of its […]

Burning flames from the FTX collapse continue as damages spread throughout the crypto market and industry. FTX is left to themselves as other firms cannot assist due to the magnitude of debts incurred by the exchange. Binance initially intended to help but later acknowledged that the situation was beyond its power. Meanwhile, the latest reports […]

The sudden collapse of the FTX exchange has sent shock waves throughout the Bitcoin crypto world. The Bankman-Fried-led crypto empire hailed as an industry leader has filed for bankruptcy, creating widespread panic in crypto circles. This collapse was aided by Ian Allison’s article showing that around $5.8 billion from the $14.6 billion assets of Almeda […]