Bitcoin price swings over $20K as Binance helps FTX ‘liquidity crunch’
Binance may even end up buying FTX outright as withdrawals resume on promises from the world’s largest crypto exchange. Go to Source Powered by WPeMatico
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Binance CEO announces intent to acquire FTX to ‘help cover the liquidity crunch’
FTX CEO Sam Bankman-Fried called the news a “user-centric development that benefits the entire industry.” Go to Source Powered by WPeMatico
MiCA legislation good news for crypto players: Binance Europe VP
The European Union’s Markets in Crypto-Assets legislation could create an easier environment for exchanges to operate in, according to Binance’s VP of Europe. Go to Source Powered by WPeMatico
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
SBF calls for collaboration with Binance ‘for the ecosystem’
FTX’s founder denied liquidity issues with FTT token and claimed to be the victim of false rumors. Go to Source Powered by WPeMatico
FTX addresses user withdrawal complaints amid major token movement
The exchange assured users in a series of Tweets that withdrawals should be moving along and matching engines are running as they should – though some users didn’t buy it. Go to Source Powered by WPeMatico
FTX Token price risks 30% plunge as a 23M FTT ‘part’ moves to Binance
Alameda Research reportedly obtained $2.2 billion worth of loans using FTT as collateral, a token created by cryptocurrency exchange FTX. 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
Crypto Exchange Binance Dumping All FTX Tokens on Its Books — CEO Cites ‘Recent Revelations’
Binance is dumping all of its FTX token (FTT) holdings “Due to recent revelations that have come to light,” CEO Changpeng Zhao has confirmed. “Regarding any speculation as to whether this is a move against a competitor, it is not,” he added. “Our industry is in its nascency and every time a project publicly fails … Read more
