Kris Marszalek, the CEO of Crypto.com, recently shared his thoughts on the collapse of Sam Bankman-Fried’s FTX empire. Marszalek’s comments after FTX Co-Founder Sam Bankman-Fried (akam “SBF”) had tweeted about FTX’s liquidity crisis, which had forced him to ask Binance for help: Several hours later, the Crypto.com CEO commented...
Crypto assets or firms, thanks to the FTX exposure, are either being dumped like FTT or closing shop like BlockFi. And allegedly KuCoin exchange’s exposure to FTX spooked users. Amidst the overall bearish market sentiment and BTC struggling to break the $18K resistance, users feared the exchange could be adversely affected alongside its native token (KCS). Read KuCoin’s [KCS] price prediction 2023-2024 Johny Lyu, Ku Coin exchange CEO, swiftly clarified that there was no direct exposure to FTX. He reiterated that...
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. Bitcoin fell below its vital support range after revealing a strong bearish inclination. The crypto’s development activity and MVRV ratio chalked out a steep downtrend. Bitcoin’s [BTC] previous bounce-backs from its vital support range (rectangle, cyan) kept up the near-term recovery hopes alive. But its recent plunge below the daily 20 EMA (red) and 50 EMA (cyan) have reaffirmed a robust selling...
As FTX US filed for bankruptcy, Voyager announced the re-commencement of the auction process of its assets This caused VGX to rally astronomically in the past 24 hours Bankrupt crypto lender Voyager [VGX] announced the reopening of the bidding process for its assets on 11 November. The announcement was made after news broke that crypto exchange FTX US had filed for Chapter 11 bankruptcy protection. Today, after a competitive auction aimed at returning maximum value to customers,
Singapore-based crypto exchange Crypto.com published its proof of reserve on 11 November and Shiba Inu [SHIB] took center stage. The move to publish the proof of reserve was in line with an industry-wide effort to enhance transparency. This was following the bankruptcy of the world’s second largest exchange, FTX. Crypto.com shared data related to its holdings with blockchain analytics firm Nansen, who, in turn, came up with a dashboard that tracked the exchange’s addresses.
Published 2 hours ago A bullish reversal from the wedge pattern’s support trendline triggers a new bull cycle for the Polkadot price. Under the influence of this pattern, the buyers may drive the potential upswing to the overhead resistance. However, the $6 could be strong in between resistance to offset a bullish growth.
Disclaimer: The datasets shared in the following article have been compiled from a set of online resources and do not reflect AMBCrypto’s own research on the subject VeChain is a flexible enterprise-grade L1 smart contract platform. VeChain started out in 2015 as a private consortium chain, collaborating with a variety of businesses to investigate blockchain applications. It helps companies to create decentralized applications (dApps) and carry out transactions with higher levels of security and transparency. Here’s AMBCrypto’s Price Prediction for VeChain [VET]...
Just an hour ago, in response to Mario Nawfal, Nick Percoco, the CSO of Kraken Exchange, tweeted that the Kraken team now knows the name of the user who hacked FTX.
Published 21 mins ago Bitcoin, Ethereum price prediction: the BTC and ETH price trading in red keeps the crypto market on edge. Some major cryptocurrencies continue to witness losses nearing their 2022 lows. The global crypto market plummeted to 847.10 Billion at 8:53 am EST Saturday, a 3.41% loss since yesterday. Additionally, the total crypto market volume in the last 24 hours dropped 26.35% to $85.02 Billion. Currently, the total volume in DeFi stands at $4.65 Billion, which makes up...
Disclaimer: The datasets shared in the following article have been compiled from a set of online resources and do not reflect AMBCrypto’s own research on the subject Shiba Inu (SHIB) is the second most popular memecoin today, trailing only behind Dogecoin (DOGE). It is the 13th largest cryptocurrency, with a market capitalization of $7.6 billion. Here’s AMBCrypto’s Price Prediction for Shiba Inu [SHIB] for 2023-24 Shiba Inu, a coin that has since grown in popularity, was founded in 2020 by an anonymous...
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