FTT – Page 4 – DIGIT INFO

Binance CEO Explains Situation With FTX — Says ‘We Did Not Master Plan This’

Binance CEO Changpeng Zhao (CZ) has shared where his company is at on the deal with FTX. “We did not master plan this or anything related to it,” he told the Binance team, reminding them not to trade the FTX token (FTT) as the due diligence for the acquisition is still ongoing. He further stressed […]

Go to Source

Biggest Movers: FTT Fire Sale Sends Token Over 70% Lower, SOL Also Falls Significantly

FTX Token plunged by over 70% in today’s session, as sentiment surrounding Binance’s potential buyout of FTX continued to raise market eyebrows. Following speculation that FTX could be insolvent, Binance’s Changpeng “CZ” Zhao moved to acquire the firm, pending due diligence. Solana is also significantly lower, due to FTX’s sister company Alameda currently holding large […]

Go to Source

SBF tumbles off Bloomberg’s billionaire index after trouble at FTX

Sam Bankman-Fried no longer ranks in the top 500 on Bloomberg’s billionaire index, but CZ remains at rank 87.

Go to Source

Binance CEO shares ‘two big lessons’ after FTX’s liquidity crunch

CZ took to Twitter on Nov. 8 sharing “two big lessons” that crypto companies should learn amid the downfall of crypto exchange FTX.

Go to Source

Biggest Movers: FTT Down 30% on Tuesday, Falling to 21-Month Low

FTX token continued a recent sell-off on Tuesday, as prices slipped to their lowest level since February 2021. The decline comes as traders liquidated their positions, following recent tweets from Binance CEO Changpeng Zhao. CZ initially stated that the exchange would liquidate all its FTT, however he has now confirmed that Binance will be fully […]

Go to Source

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

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

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

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

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