Category: Uncategorized
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Tom Brady, Gisele Bündchen at risk of losing $650M investment in FTX
[ad_1] NFL football star Tom Brady and supermodel Gisele Bündchen staked their $650 million fortune in the now-beleaguered FTX crypto exchange during its bullish days. In June 2021, Brady and Bündchen each took an equity stake in FTX Trading Limited as part of a long-term partnership, according to Essentially Sports. The deal gave Brady an…
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Sources say Binance could scrap the deal with FTX
[ad_1] Binance’s market-altering deal to acquire rival FTX might not go through, sources close to the matter told CoinDesk. On Tuesday, Binance announced a non-binding letter of intent to take over FTX but noted that it needed to perform due diligence on the struggling exchange. Less than a day into the process, Binance is strongly…
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Bricktrade partners with Blocksquare to tokenize real estate
[ad_1] Bricktrade, a U.K.-based company focusing on real estate tokenization, announced today that it has entered into a strategic partnership with Blocksquare. Blocksquare is a tokenization company specializing in real estate, developing turnkey solutions that enable users to manage the process of tokenization. The partnership is set to enable Bricktrade to make property investing available…
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Double dip expected as flood of unlocked Solana to hit the market
[ad_1] Technical Analyst @DU09BTC warned that 18 million Solana tokens are due to hit the market following the end of their staking lock-in period at the current epoch. He fears that holders will exit positions causing a “second wave of selling.” 18 mil #SOL about to hit the market within 24h. 👇 Those with a…
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Bitcoin falls to June lows after Binance announces FTX deal; Coinbase, Kraken undergo downtime
[ad_1] The biggest news in the cryptoverse for Nov. 8 includes Binance’s plans to acquire FTX, Coinbase and Kraken’s downtime after the market plummeted, and FTX’s insolvency being questioned with transactions halted for two hours. CryptoSlate Top Stories Binance intends to fully acquire FTX Binance CEO Changpeng Zhao tweeted that FTX approached the exchange looking…
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Coinbase, Kraken down as Bitcoin breaks below June low
[ad_1] Kraken and Coinbase have both been experiencing connectivity issues in the past hour. Just before 19:00 UTC, Kraken announced that it was investigating reports from users who reportedly had difficulty connecting to Kraken both on desktop and mobile. The issue was still being investigated at press time. Coinbase noted a similar issue, saying some…
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Bitcoin fails to hold above $20K after bullish reversal, falls 9%
[ad_1] Bitcoin jumped to $20,700 following the announcement of Binance’s plans to acquire FTX. The leading cryptocurrency by market cap had been trading down at around $19,200 earlier in the day but surged 7.6% following the news. However, the reversal was short-lived, as BTC has fallen back to $18,800 as of press time. Bitcoin fell…
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Risk Signal flashes red as Bitcoin loses $20K amid Binance-FTX feud
[ad_1] Sell pressure leads to Bitcoin breaking its local uptrend, building since Oct. 23. Support was found at $19,300, but downside fears are stoked as the feud between Changpeng Zhao (CZ) and Sam Bankman-Fried (SBF) continues. Source: BTCUSDT on TradingView.com On Nov. 6, CZ tweeted about recent revelations coming to light, leading to the decision…
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Markets turn red as FTT dumps amid rumors of liquidity issues
[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…
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Bitcoin balance on FTX Exchange goes negative – Coinglass
[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…