Prediction markets tokens rise as other tokens dip: Gnosis, Augur price outlook

Bitcoin has suffered its worst weekly percentage loss since the collapse of FTX. Some of the factors behind the dip include reports of SpaceX selling its BTC holdings and the Chinese property giant Evergrande bankruptcy filing.

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Crypto Market Forecast: Week of August 21st 2023

A curated weekly summary of forward-focused crypto news that matters. This week, Bitcoin suffers its worst weekly percentage loss since the collapse of FTX. Influencing factors include rumors of Space X selling its BTC holdings and the bankruptcy filing of Chinese property giant Evergrande.

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Shiba Inu Price Continues to Slide With Dogecoin Also Bearish, But Sonik Coin Raises $140K 

The cryptocurrency market saw its most severe crash yesterday since the FTX debacle. Major crypto assets were in a free fall after the Wall Street Journal reported that Elon Musk’s space venture SpaceX may have sold all its Bitcoin holdings.

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Here’s What Binance’s Latest Reserves Report Says About Its Ability To Cover User Deposits

Binance, the largest crypto exchange in the world, just released its latest report for its reserves. Following the FTX liquidity issue debacle, crypto exchanges have periodically published reports of their reserve holdings to address investor concerns.

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MicroStrategy Up Over $200 Million On Bitcoin Investment As BTC Holds $31,000

MicroStrategy has been the most consistent company when it comes to Bitcoin investment and the company has continued to increase its holdings over the last two years. When the crypto winter triggered by the LUNA collapse and then the FTX bankruptcy ravaged the crypto sector, MicroStrategy saw its BTC investments sit underwater for a long […]

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FTX's collateral damage continues, as Singapore’s Temasek announces...

Singapore’s Temasek Holdings will cut the pay of its executives responsible for the failed FTX investment of $275 million. Temasek's only crypto investment had been made in FTX. SingaporeThe post FTX's collateral damage continues, as Singapore’s Temasek announces... appeared first on AMBCrypto.

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Temasek reduces compensation for staff responsible for botched FTX investment

Singapore-based investment firm, Temasek Holdings, has cut down the compensation of its executives responsible for the failed investment in the now-bankrupt crypto exchange, FTX. Temasek disappointed in failed FTX investment  Lim Boon Heng, the chairman of Temasek Holdings, said the firm would…

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Singapore’s Temasek cut salaries for staff behind $275M FTX investment

Monday crypto news confirmed Singapore’s Temasek Holdings had concluded an internal review of its $275M investment loss at now-insolvent FTX exchange. The staff accountable for the investment took full responsibility and had their salaries cut.

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Miami International Securities Exchange acquires FTX subsidiary LedgerX

The Miami International Securities Exchange (MIAX) is owned by Miami International Holdings (MIH). The acquisition deal was announced in April and approved by the bankruptcy judge on May 4. LedgerX is one of the FTX assets the bankruptcy court approved for sale in January.

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FTX.US Gets Court Approval to Sell LedgerX at 83% Loss

FTX.US has received approval to sell LedgerX to Miami International Holdings for $50 million. The sale will be made at a loss of 83% FTX. The post FTX.US Gets Court Approval to Sell LedgerX at 83% Loss appeared first on BeInCrypto.

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FTX to sell LedgerX for $50 million to Miami International Holdings affiliate

Bankrupt crypto exchange FTX has inked a purchase agreement deal with an affiliate of Miami International Holdings to sell digital currency futures and options exchange and clearinghouse LedgerX for $50 million.

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Биржа FTX продает платформу LedgerX за $50 млн

Банкротящаяся криптобиржа FTX согласилась продать свою платформу криптовалютных деривативов LedgerX компании Miami International Holdings. Сумма сделки составит $50 млн.

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FTX to sell LedgerX to company linked to OPNX controversy for $50M

FTX and its debtors have reached an agreement to sell LedgerX to a potential buyer, as announced in a press release on April 25. FTX will sell LedgerX to Miami firm FTX has entered into an agreement to sell its derivatives trading subsidiary LedgerX to M7 Holdings, an affiliate of Miami International Holdings, Inc.

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FTX's LedgerX Derivatives Exchange Sold to Miami International Holdings in Bankruptcy Auction

FTX.US last purchased Ledger Holdings, the parent company of LedgerX, for $298 million in October 2021, according to audited financial documents viewed by CoinDesk.

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FTX debtors announce LedgerX sale agreement

LedgerX could be sold to M7 holdings after approval from the bankruptcy court The hearing on the sale will be held in the first week of May 2023 FTX, the infamous bankrupt crypto exchange, aThe post FTX debtors announce LedgerX sale agreement appeared first on AMBCrypto.

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Multicoin Capital’s Hedge Fund Lost 91.4% Last Year, Investor Letter Reveals

The fund’s performance was severely impacted by direct exposure to now-bankrupt crypto exchange FTX and holdings in FTT and Solana-based tokens.

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FTX Japan plans to resume withdrawals as early as February: Report

FTX Japan Holdings, FTX Japan and FTX Japan Services were three of FTX’s 134 subsidiaries caught up in the firm’s Chapter 11 bankruptcy filing in the United States.

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Cardano Whales, Sharks Have Accumulated 406M ADA In 2023: Santiment

Data from Santiment shows Cardano whales and sharks have been busy accumulating this year as they have added almost 406 million ADA to their holdings. Cardano Whales And Sharks Have Been Accumulating Since The Start Of 2023 As per data from the on-chain analytics firm Santiment, whale transaction activity has recently been the highest for the coin since the collapse of the crypto exchange FTX.

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First Mover Asia: FTX’s Illiquid Holdings Filled With Tokens That Sit in Venture Funds in Which It Invested; Bitcoin Falls Below $21K

A good portion of FTX's illiquid tokens can be found on the balance sheet of funds, including Sino Global and Multicoin Capital. FTX invested in these funds, and their names often appear alongside FTX as co-investors in projects.

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The entire crypto market fails to recover while Metacade (MCADE) keeps rising in presale

Savvy crypto investors were quick to abandon their long-term holdings of major cryptocurrencies after some negative news came to light in November 2022. This sentiment shift saw a 20% drawdown for FTX Token (FTT) and Solana (SOL), which has had close ties to FTX and Alameda Research in the past.

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CryptoQuant: massive withdrawals has no effect on Binance

CryptoQuant claims that despite the recent decline in Bitcoin reserves, Binance's holdings have grown by 24% since the FTX bank run last month.

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Bitcoin shrimps defy FTX implosion to add a record BTC to their holdings

Bitcoin price plummeting after FTX’s implosion in November provided shrimps – people with less than 1 BTC an opportunity to add to their balances at low prices. According to new on-chain data tracking shrimp holdings, the cohort bought 96.

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CryptoSlate Wrapped Daily: CZ, SBF trade jabs in Twitter feud; Bitcoin firmly in capitulation phase

The biggest news in the cryptoverse for December 9 includes a Twitter sparring between  Binance CEO Changpeng Zhao and former FTX CEO Sam Bankman-Fried, and Hut8, Riot, and Marathon are emerging as the only public miners that increased their BTC holdings in November.

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Binance Publishes Proof of Reserves System For BTC, More Assets to Follow

Today Binance released its first Merkel Tree Proof of Reserves (PoR) system as a show of its commitment towards transparency following the collapse of giant exchange FTX. However, in a statement, the exchange noted that it would first disclose BTC holdings before sharing details of other tokens and networks “in the next couple of weeks”. […]

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Why Bitcoin dollar-cost-averaging could be your best bet in current market

 Bitcoin has continuously dropped over the last couple of weeks, largely due to the FTX crash Institutional investors like the Purpose Bitcoin ETF Holdings have not yet bought back despite theThe post Why Bitcoin dollar-cost-averaging could be your best bet in current market appeared first on AMBCrypto.

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Bakkt claims to have no financial exposure to troubled crypto firms

Bakkt Holdings has revealed that it has no exposure to FTX, FTT, Alameda, Genesis, or companies that have halted activities due to the ongoing contagion in the crypto markets. The company made this known in a press release on November…

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Singapore-backed Temasek marks down $275M FTX investment to 0

Singapore-based Temasek Holdings Limited has announced that it will write off its $275 million investment into FTX and its associated companies. This, owing to recent developments and emerging doubts The post Singapore-backed Temasek marks down $275M FTX investment to 0 appeared first on AMBCrypto.

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Bybit publishes reserve wallet addresses

Bybit’s largest asset wallet holdings total $1. 9 billion, according to details from blockchain analytics firm Nansen. Bybit has become the latest crypto exchange to publish information about its assets reserves, as calls for more transparency in the industry increase following FTX’s collapse.

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Hong Kong Crypto Platform Hbit's $18.1M Stuck in FTX

In an announcement to shareholders on Monday, New Huo Technologies Holdings Limited, said regarding its subsidiary, that $13.2 million of the money belonged to clients, while, $4.9 million were Hbit assets.

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Voyager's bid reopening process might have this impact on VGX holdings

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 lenderThe post Voyager's bid reopening process might have this impact on VGX holdings appeared first on AMBCrypto.

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Galois Capital Lost 50% of Its Holdings in FTX; What Is Special About This Story?

Half a year ago Kevin Zhou of Galois Capital masterfully predicted LUNA/UST collapse; Now he lost over $100 million in FTX

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Elon Musk Reveals Talks With Sam Bankman-Fried: 'My Bullshit Meter Was Redlining'

In a late-night Twitter Spaces on Saturday, Musk said his “bullshit meter was redlining” when he met former FTX CEO Sam Bankman-Fried and urged users to store their crypto holdings on cold wallets.

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Tether Blacklists Mysterious FTX Wallets as Account Drainer Liquidates MATIC, LINK, AVAX Holdings

The exchange’s public wallets hold just over $52,000, data shows.

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CryptoSlate Wrapped Daily: SBF out as CEO as FTX files for bankruptcy; SEC Chairman’s ties with exchange under scrutiny

The biggest news in the cryptoverse for November 11 includes  FTX filing for bankruptcy as John Ray III takes over from Sam Bankman-Fried as CEO, FTX users seeking to bypass bankruptcy process using the “Bahamas loophole”, US Congressman accused SEC Chairman of having dubious ties to FTX, and Crypto dot com disclosing reserve holdings to allay rumors […] The post CryptoSlate Wrapped Daily: SBF out as CEO as FTX files for bankruptcy; SEC Chairman’s ties with exchange under scrutiny appeared first on CryptoSlate.

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Here’s What FTX and Alameda Now Hold on Public Ethereum Wallets

Alameda’s largest holdings are in USD Coin, while FTX’s biggest holding remains its own FTT token.

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Alameda, In Eye of Crypto Storm, Takes $37M of Wrapped Bitcoin Off FTX.US Exchange

The purpose of the token movements is unclear, and the amount likely a small portion of the overall firm's holdings, but the observation shows Alameda scrambling to arrange its finances – using the Ethereum blockchain.

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FTX and Alameda Contagion Fears Tank NFT Markets

Rumors of Alameda liquidating its Solana holdings are sending SOL’s price into free-fall; both Solana and Ethereum-based NFT markets are getting hit hard by the news.

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Binance CEO Zhao Says Planned FTX Acquisition Is Not a 'Win for Us'

Zhao also noted in a Wednesday memo to staff that Binance had stopped selling its holdings of FTX's tokens given the ongoing due diligence for the deal.

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Crypto Exchanges Scramble to Compile 'Proof of Reserves' as FTX Contagion Grips Markets

Nine prominent crypto exchanges said they will publish proof of their reserve holdings in the next month.

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Binance moves to liquidate FTX token holdings as open interest in FTT futures doubles

This week, FTT has attracted some notice. Users of BitMEX can trade FTT with up to 50x leverage through our FTTUSD and FTTUSDT listings starting at 12:00 UTC today. Quanto Contract Specs for FTTUSD. FTT listings margined by Tether and…

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CryptoSlate Wrapped Daily: FTX’s FTT on verge of potential sell-off after Binance liquidates FTT holdings

The biggest news in the cryptoverse for November 7 includes Bitcoin mining difficulty’s decrease by 0. 19%, Binance’s decision to liquidate all its FTT holdings, and FTX CEO Sam Bankman-Fried’s assurance that the exchange is not going bankrupt.

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Open Interest in FTT Futures Doubles as Binance Moves to Liquidate FTX Token Holdings

Open interest has doubled to $203 million, with bearish bets in demand, as Binance's entry into the FTX-Alameda drama has caused panic among investors.

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Binance to liquidate its entire FTX Token holdings after ‘recent revelations’

Binance CEO Changpeng Zhao cited “recent revelations” as the reason for the liquidation, noting the sale of its tokens could take months to complete due to the size of its position.

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First Mover Asia: FTX's Sam Bankman-Fried Talks Consumer Protection and Crypto Titans Clash

Consumer protection and regulation are key ingredients to transforming digital assets into an asset class worth trillions. The FTX exchange's Sam Bankman-Fried weighs in. Meanwhile, FTX's FTT token takes a dive after rival Binance announces plans to dump its remaining holdings.

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First Mover Asia: SBF Talks Consumer Protection and Crypto Titans Clash

Consumer protection and regulation are key ingredients to transforming digital assets into an asset class worth trillions. The FTX exchange's Sam Bankman-Fried weighs in. Meanwhile, FTX's FTT token takes a dive after rival Binance announces plans to dump its remaining holdings.

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Binance Will Liquidate All of Its FTX Token Holdings

Changpeng “CZ” Zhao, the CEO of Binance, announced on Sunday that his trading platform is selling its ownership of FTT, a competitor platform of FTX’s native asset. Zhao made mention of ‘new revelations that have come to light,’ but he…

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Binance To Liquidate FTX’s FTT Holdings “Due To Recent Revelations”

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Binance Is Selling All FTX (FTT) Tokens. Here’s Why

Binance CEO Changpeng Zhao has confirmed rumors about the company’s decision to liquidate its FTT holdings amid speculation about Alameda’s financial health

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Fears of Terra Luna style collapse of FTX native token FTT as Binance liquidates its holdings

FTX’s native token FTT has experienced a volatile weekend as Binance began liquidating its tokens due to “recent revelations that have came [sic] to light,” according to Binance CEO CZ.

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