Author: e_cash_top

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[ad_1] In the last 24 hours, the cryptocurrency market cap saw net outflows of $48.79 billion to $971.29 from $1,028.2 billion as of press time — down 4.79%. Bitcoin’s market cap fell 5.03% to $378.86 billion from $398.3 billion. Ethereum’s market cap also decreased by 6.29% to $181.53 billion from $193.3 billion. Over the last…

BitDAO suspects Alameda of dumping BIT tokens, asks for proof of funds

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[ad_1] BitDAO (BIT)suspected FTX founder Sam Bankman Fried’s venture capital firm Alameda Research of breaching an agreement made in 2021 and selling its 100 million BIT tokens, causing BIT to plummet. The DAO community asked Alameda to prove that it still owns its BIT tokens, and Alameda responded by transferring over 100 million BIT tokens…

Bitcoin balance on FTX Exchange goes negative – Coinglass

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in Uncategorized

[ad_1] The amount of Bitcoin held on FTX has gone negative following 20,175 BTC leaving the exchange over the past 24 hours. Of all exchanges tracked by Coinglass, FTX has the lowest balance at -197.95 BTC. The next lowest is Poloniex at 127.14 BTC, while exchanges such as Coinbase Pro and Binance hold 573,452 BTC…

Nearly $300M liquidated in 12 hours as market turns red

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[ad_1] As the market took a tumble over the past 12 hours, total liquidations reached $294.78 million, Coinglass data shows. Total liquidations over the past 24 hours stood at $339.29 million at the time of writing. The crypto market took a turn for the worse when FTX token (FTT) began losing its value rapidly after…

FTT tanks 30% after 1.9M tokens moved to FTX, Binance denies selling

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[ad_1] FTX’s FTT token lost roughly 30% of its value in the last 24 hours after 1.9 million FTT tokens — worth roughly $44 million at the time — were moved from the Genesis over-the-counter (OTC) Desk to FTX on Nov. 8, according to Wu Blockchain. FTT suddenly plunged 14% in 1 hour, and SOL…

FTX’s FTT risks drastic fall as tokens flood exchanges

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[ad_1] Glassnode data, as analyzed by CryptoSlate, shows that around 50 million FTX’s FTT tokens have been dumped on exchanges following Changpeng Zhao’s announcement that Binance would liquidate its FTT position over the coming months. Source: Glassnode Around 23 million FTT tokens ($584.8 million) were transferred to Binance on Nov. 6. CZ confirmed that these…

Palantir’s US commercial customers increased 124% year-over-year in Q3

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[ad_1] Data analytics software company Palantir’s third-quarter earnings report showed that the company’s revenue increased by 22% year-over-year, mostly thanks to the U.S. Military, while its U.S.-based commercial customers increased by 124%. According to the Nov. 7 release, Palantir’s total revenue reached $477.9 million, compared to $392.1 million a year ago, and the company’s entire…

LBRY tanks 35% as US court declares it security

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[ad_1] A U.S. court has ruled in favor of the Securities and Exchange Commission (SEC) in its case against LBRY, as it ruled that the blockchain network offered its LBC token to investors as a security. We lost. Sorry everyone. — LBRY 🚀 (@LBRYcom) November 7, 2022 According to the Nov. 7 judgment, Judge Paul…

Retail begins accumulating Bitcoin while whales continue to sell

Nov 7, 2022

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in Uncategorized

[ad_1] Retail investors owning less than 1 BTC are accumulating Bitcoin while whales holding over 10,000 BTC are selling, according to data analyzed by CryptoSlate. Since August, Bitcoin has been in a distribution phase, as shown by the lighter colors on the graph below. The darker colors denote accumulation periods, as seen throughout May, June,…

FTX’s FTT on verge of potential sell-off after Binance liquidates FTT holdings

Nov 7, 2022

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