Tron founder Justin Sun may buy FTX
Crypto News Today Live Updates November and Latest News: (November 11, 2022) The global digital asset market registered a broad recovery after three consecutive days of decline. The cumulative market capitalization is about 3% to stand at $857 billion.
Traders have regained confidence in the crypto market after increased uncertainty. The 24-hour trading volume has fallen by a whopping 26% to stand at $139.92 billion. FTX’s FTT token price has jumped 40% to recover from the recent dump.
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2022-11-11T00:00:00+5:30
Breaking: FTX files for bankruptcy
The FTX exchange has finally filed for bankruptcy after unsuccessful attempts to save the exchange. Tron founder Justin Sun stepped in to buy FTX and said on live TV that an acquisition is possible. But according to a recent filing shared by the FTX exchange, it seems that all efforts have gone in vain and the exchange is finally winding down.
2022-11-11T19:00:00+5:30
Anthony Scaramucci comments on the FTX situation
The Skybridge Capital founder said the FTX decline made it the worst week in crypto history. On a positive note, he said that crypto is a great technology for transactions and that it will eventually be adopted. “When the products are better, they are adopted.”
2022-11-11T18:30:00+5:30
Can SBF’s political lobby save FTX?
Sam Bankman-Fried (SBF), CEO of FTX Trading Limited, has reportedly been personally lobbying in Washington, DC for the past year.
Ron Hammond, Director of Government Relations at Blockchain Associations has shared some insights from SBF’s efforts to achieve regulatory benefits.
2022-11-11T17:00:00+5:30
Crypto News Live: FTX’s Future Fund Team Ends
The team behind the FTX Future Fund, a project of the FTX Foundation, resigned on Thursday in an open letter posted on Twitter by journalist Teddy Schleifer.
It was incredibly sad to hear about the recent events at FTX. While expressing concern over the affected customers at FTX, the team decided to withdraw, the team said in its recent blog post.
2022-11-11T16:17:31+5:30
Tron founder Justin Sun may buy FTX
Tron founder Justin Sun said in a Bloomberg interview on Friday that due diligence on the potential acquisition of FTX is still underway, but the acquisition is most likely.
2022-11-11T14:30:39+5:30
Bitcoin price risk is falling, on-chain data suggests
Medium-term Bitcoin holders sell their BTC, sending their 3-6 month BTC holdings to crypto exchanges.
2022-11-11T12:45:00+5:30
The Bahamas Securities Regulator freezes FTX’s assets
Securities regulators in the Bahamas decided to freeze the assets of FTX.com.
In a statement on Tuesday, the Bahamas Securities Commission said the decision to freeze FTX Digital Markets was “the sensible course of action”.
2022-11-11T12:00:00+5:30
Crypto News Live: FTX Token Price Jumps 40%
FTX’s FTT token price has jumped 40% to recover from the recent dump. FTX is trading at an average price of $3.2 at press time. Its 24-hour trading volume is down 15% to $943 million.
2022-11-11T11:30:00+5:30
Crypto News Live: Crypto Market Recovers 3%
The global digital asset market registered a broad recovery after three consecutive days of decline. The cumulative market capitalization is about 3% to stand at $857 billion.
The 24-hour trading volume has jumped by a whopping 26% to stand at $139.92 billion.
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The content presented may include the author’s personal opinion and is subject to market conditions. Do market research before investing in cryptocurrencies. The author or publication has no responsibility for your personal financial loss.
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