Binance, the world's largest cryptocurrency exchange, has recently wrapped up the second round of its “Vote to Delist” campaign, stirring concerns across the crypto market. This campaign allows users to vote on whether certain altcoins should stay listed on the platform.
Since the sentencing of former FTX CEO Sam Bankman-Fried (SBF), the assets linked to his portfolio have shown mixed performance, with Bitcoin (BTC) emerging as the only one to post positive returns.
Binance has launched the second round of its Vote to Delist campaign, inviting users to vote on whether 17 tokens with the “Monitoring” tag should be removed from the platform.
FTX will repay major creditors on May 30 using $11.4B in cash. Repayments are based on November 2022 asset values, not current prices.
The crypto derivatives platform Hyperliquid is stepping up its risk management after a major liquidation event involving the JELLY token. To prevent losses for affected traders, the platform has confirmed that users who held long JELLY positions at settlement will be compensated $0.037555. However, flagged accounts will not be eligible for this refund.
Hyperliquid has dropped by 1% today, with its fall to $14.43 coming after Bitget CEO Gracy Chen criticized the platform for its delisting of JELLY perpetual futures contracts. The post Is Hyperliquid in Trouble? JELLY Token Controversy Sparks FTX 2.0 Fears appeared first on Cryptonews.
Binance has announced the first batch of “Vote to Delist” tokens, adding top altcoins such as JasmyCoin (JASMY), Zcash (ZEC) and FTX Token (FTT). The exchange said these first tokens in the community co-governance initiative on listing and delisting have monitoring tags.
The cryptocurrency market finally recovered after losing nearly a trillion in the earlier crash. However, not all crypto tokens are worth holding, and investors should focus on the best one to benefit from amid these changing market sentiments.
Cryptocurrency prices suffered a big reversal during the American session leading to a $1 billion liquidation among investors. Bitcoin plunged below $85,000, while popular coins like Cardano (ADA), Official Trump (TRUMP), Dogwifhat (WIF), and Virtuals Protocol (VIRTUAL) falling by over 20%.
Virtuals Protocol, a blockchain-based AI platform, has seen its revenue collapse despite expanding from Coinbase's Base network to Solana.
Virtuals Protocol, a blockchain-based AI agent platform, has suffered a sharp decline in revenue, despite expanding from Base to Solana. The post Virtuals Protocol Sees 97% Drop in Revenue Despite Expansion to Solana appeared first on Cryptonews.
SBF defended layoffs as necessary for business efficiency, aligning with Elon Musk's recent federal employee downsizing rhetoric.
FTX's native token, FTT, has seen a significant 44% surge in price following recent comments made by Sam Bankman-Fried, the founder of the now-bankrupt exchange. The rise, however, seems to be driven by sentiment rather than strong investor backing, leading some to question whether the rally is sustainable.
FTT, the native cryptocurrency for the now-defunct FTX crypto exchange, saw a major surge earlier on Tuesday, skyrocketing around 45% in less than two hours to tap $2.25, following Sam Bankman-Fried's first tweet in two years.
FTXs native token, FTT, saw a sudden surge Monday night after Sam Bankman-Frieds X (formerly Twitter) account posted for the first time in two years. The disgraced FTX founder, currently serving a 25-year prison sentence for fraud and conspiracy, reportedly lacks direct access to social media.
FTX's native token, FTT, has been experiencing a rollercoaster of price action, particularly following recent corrections. Despite FTX beginning payouts to its creditors, the altcoin struggled to regain its footing in the market over the past week.
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After two years of silence, the former CEO of FTX, Sam Bankman, currently imprisoned, has made his return to social media. This unexpected appearance caused a spectacular rise in the price of the FTT cryptocurrency, rekindling investor interest despite the historic collapse of the platform.
FTX Token (FTT) briefly surged following a tweet from imprisoned founder Sam Bankman-Fried, while his parents seek a presidential pardon for him.
Former FTX CEO Sam Bankman-Fried, who is currently serving a 25-year prison sentence, just broke the internet with shocking tweets from prison! The tweets seemed to reference Elon Musk's recent call for federal employees to report their work activities or face resignation.
Sam Bankman-Fried, the disgraced founder of FTX, posted on X for the first time in two years, triggering a 30% spike in the price of FTT, the exchange's native token. In his Feb.
Digital assets continued to underperform amidst global economic uncertainties. The downside escalated over the past 24 hours as Bitcoin plunged to $90K. While altcoins suffered the most, recording double-digit losses on their daily charts, FTX's FTT grabbed attention with wild movements. FTT soared from the lows of $1.5515 to $2.
SBF, who is currently serving a 25-year sentence, has posted a series of threads on X, expressing his thoughts on the recent US federal layoffs. The post Jailed FTX Founder SBF's Tweets Drive Native Token Price, FTT Surges 30% appeared first on Cryptonews.
Former FTX CEO Sam Bankman-Fried said he had not checked his email for the past few hundred days and that being employed is a lot less relaxing than it looks.
Sam Bankman-Fried's tweet on February 25, 2025, spurred market volatility.
Bankman-Fried is currently in the Metropolitan Detention Center, serving a 25-year prison sentence.
Sam Bankman-Fried posted on X for the first time since January 2023, expressing his views on the recent mass layoffs in the US government.
FTT, the native token of the now-defunct exchange FTX, has been under heavy selling pressure recently, with a notable 12.39% drop over the past week. While the asset saw a brief 1.60% recovery in the last 24 hours, the overall market structure suggests a further decline might be on the horizon.
FTT's drop is likely to intensify as bearish signals flash.
From Bitcoin's price recovery near $100K to groundbreaking developments in ETF transparency and significant market events, the crypto landscape continues to evolve with notable shifts in industry dynamics.
FTX Token (FTT) has undergone a tumultuous journey in recent years, with its dramatic fall in 2022 and a low point in 2023. However, after showing signs of recovery in 2024, many investors are eager to know if FTX Token can regain its former glory.
The cryptocurrency market has continued its upward momentum, marking another day of gains as bullish sentiment strengthens across multiple assets.
The FTX saga has entered yet another chapter since the exchange collapsed nearly three years ago. The company has begun repaying an estimated $1.2B to its first wave of former FTX users.
The insolvent crypto exchange will start repaying its creditors tomorrow, February 18. The initial disbursement will prioritize “Convenience Class” creditors, who claim $50K or less. Meanwhile, attention has switched to the exchange's native token amidst the developments. FTT displays a bullish stance as it surpassed a crucial resistance, targeting another 35% jump.
Freya by Virtuals will migrate from Base to Solana with 1:1 token swap over the period of 10 days Freya by Virtuals (FREYA), an in-game agent utility token in the game STARFALL CHRONICLES, is migrating from Base (BASE) to Solana
As per the latest update, the FTX exchange is set to repay creditors starting from the 18th February 2025 (Tomorrow). Reportedly, wallets owed less than $50,000 will receive funds within 3 business days. With this, a major step in the long road to recovery has been initiated.
Despite a well-documented FTX Collapse, its native token FTT's trading volume surges 346.74 % amidst the bankruptcy repayment plan.
Cryptocurrency prices stabilized last week even as geopolitical risks increased and the US published strong consumer inflation data. Bitcoin (BTC) remained below $100,000, while some altcoins like Mantra (OM) and PancakeSwap (CAKE) surged.
In a striking contrast to the broader cryptocurrency market, which has experienced a substantial drop of $53 billion in the past 24 hours, FTX Token (FTT) has emerged as one of the few bright spots. Despite the general downturn, FTT has posted an impressive 7% gain, signaling growing investor interest and bullish sentiment surrounding the token.
FTX Token (FTT) has emerged as the day's top performer, defying the broader market downturn with a rally. As overall trading activity stalls, the total crypto market capitalization has dropped by $53 billion in the past 24 hours.
Many altcoins are struggling as the fear and greed index remains in the fear zone and the closely watched altcoin season index stays on the sidelines. Most cryptos are down by over 50% from their highest levels this year, making them bargains compared to where they were a few weeks or months ago.
In a strategic collaboration, Virtuals Protocol integrates with the Solana network, launching the VIRTUAL token on the platform. In addition to the VIRTUAL token trading on Solana, the team has bridged with the blockchain, launching its official liquidity pool on Meteora.
Here is how some of your favorite assets concluded the week.
Tokens associated with artificial intelligence (AI)-based projects have fallen by 75-90% from their peak values at the beginning of 2024.
Cryptocurrencies continue to struggle after sharp declines earlier in the week. This sees Bitcoin (BTC) hover below $100,000 and most altcoins battling to hold onto recent gains. However, Litecoin (LTC) and FTX Token (FTT) are among top gainers on February 6, 2025. Here's an update for the crypto market today.
Crypto prices today mainly continued showcasing a sluggish performance, reverberating investor uncertainty globally. Bitcoin (BTC) price faced market turbulence and stood at $97K, whereas ETH managed to trade in the green territory.
FTX Token (FTT) price is up following news that the exchange will begin payments to Bahamas creditors on February 18. Despite this positive development, FTT is still fighting to maintain levels above $2 as technical indicators show mixed signals.