FTT price soars amid fresh reaction to FTX reboot news

2023-5-24 19:46

The FTX Token price rose more tha 12% on Tuesday to trade at highs of $1.16. FTT’s upside bounce came as latest court filings showed there are efforts to reopen the collapsed crypto exchange FTX. Sam Bankman-Fried’s FTX filed for bankruptcy in November 2022, but the team led by new CEO John J. Ray III has hinred at plans to restart operations.

The FTX Token saw fresh upside action on Tuesday, rising double digits to hit intraday highs of $1.16 across major trading platforms.

According to data from Coingecko, the price of the FTX Token was up 12% in the early afternoon during the US trading session. The intraday trading volume for the FTT/USD pair was $28,322,396 over the past 24 hours as of writing, signaling a surge in trading activity of about 395%.

FTT, which traded to highs of $84.18 during the last bull market, was priced around $1.12 to currently change hands at a 98.67% discount from that peak.

Why is FTX Token price surging?

The top 10 cryptocurrencies were all trading green on Tuesday afternoon as the crypto market looked to bounce from recent losses catalysed by the overall uncertainty across risk asset markets.

As stocks struggled with indecisiveness following an impasse on US debt ceiling talks, Bitcoin was attempting to solidify gains above $27k. Ethereum price, which like Bitcoin has suffered from drying volume, was up to $1,860.

But gains for the top digital assets paled in comparison to those of FTT. The token’s price, which fell to practically zero in late 2022, was soaring on positive sentiment around the potential reopening of the collapsed crypto exchange FTX. 

Reports about an imminent move in this direction has translated into more demand for the platform’s native token.

When will FTX 2.0 land?

While no definite timeline is in place, FTX’s likely revival has looked more and more concrete since the FTX 2.0 talk surfaced a while ago. Now the latest court filings show new CEO John J. Ray III has recently worked on the reboot proposal.

Ray has previously hinted at the reentry of FTX into the cryptocurrency exchange market, with his remarks gaining footing as the team was revealed to have recovered more than $7 billion worth of bankrupt platform’s assets.

The post FTT price soars amid fresh reaction to FTX reboot news appeared first on CoinJournal.

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ftx ftt price latest court came bounce

Источник: coinjournal.net

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.

2022-11-16 22:01


Фото:

FTX is integrating FTX Pay into Reddit’s Community Points, how will this impact FTT price?

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.

2022-8-11 12:23


Solana, FTT, MATIC, FTM вышли из нисходящего тренда

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.

2021-10-4 11:46


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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.

2021-9-3 17:58


Фото:

The FTX Token, Huobi Token and Crypto.com Coin have all seen growth, but is it the right time to invest in them? Let’s find out.

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.

2020-5-23 14:47


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