Is Buying FTT Now A Once-In-A-Life Opportunity For FTX Believers?

Is Buying FTT Now A Once-In-A-Life Opportunity For FTX Believers?
фото показано с : newsbtc.com

2023-11-15 07:00

FTT, the native token of the FTX ecosystem, rallied by 180% last week, emerging as one of the top performers. The rally, Kaiko, a blockchain analytics platform observes, was primarily due to comments by the stringent United States Securities and Exchange Commission (SEC) leader that the FTX 2.0 relaunch is possible. 

FTT Soaring On Hopes Of FTX Relaunching

In an X post on November 14, Kaiko also notes that related FTT trading volume soared, signaling possible accumulation by traders and believers of FTX. At spot rates, FTT trading volume, looking at how the token performs in Binance, one of the leading cryptocurrency exchanges, remains elevated at November 2022 levels. 

In November 2022, FTX, led by Sam Bankman-Fried, filed for Chapter 11 bankruptcy protection at the United States Bankruptcy Court for the District of Delaware.

Related Reading: BlackRock’s XRP ETF Filing, Everything You Need To Know

Before this bankruptcy filing, FTT, which served several purposes in the FTX ecosystem, acting as a governance token and providing access, plunged in early November following allegations that the exchange had misappropriated user funds. There was a significant collapse on November 8 when FTT fell by 90%, taking the coin from around $22 to as low as $2.

FTT is trading at around $3.22, up 232% from October 2023 lows, looking at the performance in the daily chart. As fundamental events around FTX unfold, FTT’s trading volume also rises.

Compliance With The Law Is Crucial: SEC Chairperson

There could be more gains for FTX in the days ahead should there be more solid news of an FTX 2.0 relaunch following Gary Gensler’s comments last week. Then, Gensler told CNBC that a revived FTX could see the light of day if only leaders taking over clearly understood existing laws.  

The SEC chairperson’s comments follow speculations that the former New York Stock Exchange (NYSE) president, Tom Farley, is among the three bidders planning to buy FTX. 

“If Tom or anybody else wanted to be in this field, I would say, ‘Do it within the law. Build investors’ trust in what you’re doing and ensure that you’re doing the proper disclosures — and also that you’re not commingling all these functions, trading against your customers. Or using their crypto assets for your purposes.” 

A jury in early November found Sam Bankman-Fried, the former CEO of FTX, guilty of all criminal charges, including wiring fraud and money laundering. Bankman-Fried is set for sentencing in March 2024.

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ftx ftt primarily due comments analytics platform

Источник: newsbtc.com

ftx ftt → Результатов: 126


Новости по FTX: Бэнкман-Фрид чилит на расслабоне, биржи делистят FTT, Багамы расследуют инцидент

История с обанкротившейся биржей FTX продолжает волновать умы криптанов, а мы продолжаем знакомиться вас с основными событиями, связанными с этим крахом. Бывший руководитель FTX Сэм Бэнкман-Фрид дал интервью New York Times, где рассказал что ситуация могла бы сложиться еще хуже (куда хуже-то?), FTT начали делистить крупные биржи, а на Багамских островах продолжили шить дело.

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FTX (FTT/USD) is a crypto derivatives exchange that allows users to buy and sell a wide range of cryptocurrencies with low fees and leverage up to 20x. FTX utilizes FTT,  the native cryptocurrency token that is a part of the exchange, and it is utilized for the reduction of trading fees and can serve as […] The post FTX is integrating FTX Pay into Reddit’s Community Points, how will this impact FTT price? appeared first on Invezz.

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Криптотрейдер Скотт Мелкер опубликовал на YouTube новый ролик, в котором сообщил, что Solana, FTX Token и два других криптоактива выходят из нисходящей тенденции. Мелкер считает, что платформа смарт-контрактов Solana (SOL) готова вернуться к своему историческому максимуму после выхода из рыночного спада.

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Why buy FTX Token after its partnership with LedgerX and what we can expect in September

FTX FTT/USD is a crypto derivatives exchange where users can buy a wide variety of cryptocurrencies and sell them and gain access to index futures with low fees and up to 101x leverage. The FTX Token (FTT) is the utility token on the exchange which is used to reduce trading fees or serve as collateral […] The post Why buy FTX Token after its partnership with LedgerX and what we can expect in September appeared first on Invezz.

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The prices of the FTX Token FTT/USD, The Huobi Token HT/USD and Crypto. com Coin CRO/USD have seen a steady increase within the last 24 hours with no signs of stopping. Ever since Bitcoin briefly topped $40,000 after six weeks, investors have really hopped back into the cryptocurrency exchanges to make the most out of their […] The post The FTX Token, Huobi Token and Crypto.

2021-7-30 23:59


Криптотрейдер выделил три альткоина с потенциалом огромного роста

Популярный трейдер, известный в отрасли как Флад (Flood), считает, что три альткоина принесут своим инвесторам огромную прибыль. Аналитик сообщил своим 146 000 последователям, что им следует присмотреть к криптоактивам FTX Token (FTT), Solana (SOL) и Nerve Finance (NRV).

2021-5-30 14:17


Биржа деривативов FTX выбрала Coinbase для хранения токенов на $270 млн

Биржа криптовалютных деривативов FTX выбрала кастодиальное подразделение Coinbase для хранения собственных токенов FTT. Coinbase Custody International is excited to have been selected by FTX as their primary 3rd party custodian, including the storage of their $FTT exchange token.

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