FTX Exchange's Token FTT Plummets Below $22 as Binance-Led Selling Continues
FTX’s native token has suffered as Binance began offloading large amounts of FTT as part of a new feud between the two exchanges.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Why this matters
This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on DecryptRelated market context
Binance bStocks’ SPYb token accumulates $6M in DeFi liquidity
Binance's SPYb token's DeFi success highlights the potential for 24/7 trading and liquidity in tokenized assets, challenging tradi...
Treasury’s New Stablecoin Rule Could Force US Exchanges to Delist Tether
Austin Campbell, founder of Zero Knowledge Group, said on the Bits + Bips podcast that Treasury’s newly proposed rules for the GEN...
SEC's New Crypto Rule Lets Tokens Raise $75 Million And Eventually Stop Being Securities
The SEC’s proposal makes it easier for crypto projects to raise money in the US and sets out a safe harbour under which a token ca...
SEC Proposes Token Offering Rules With $75 Million Exemption
The Securities and Exchange Commission proposed Regulation Crypto Assets on Aug. 18, a framework that would let token issuers rais...
Bitcoin Is Down but Asset’s Role as Global Monetary Alternative Remains, Says Blackrock
Bitcoin Magazine Bitcoin Is Down but Asset’s Role as Global Monetary Alternative Remains, Says Blackrock Bitcoin’s price is down n...
Bitcoin (BTC) Price Prediction: $66,400 Breakout Could End Months of Range-Bound Trading
The market’s next major directional signal could come from a break of the $62,200-$66,400 range, as Bitcoin continues to consolida...