#FTT #FTXNews What do you think about the FTT cryptocurrency?
It is December 2024, several notable developments have taken place regarding FTX whose cryptocurrency is FTT:
1. Customer Refunds: In October 2024, a bankruptcy plan was approved, allowing FTX to refund up to $16.5 billion to affected customers.
2. Lawsuits Against Binance: On November 11, 2024, FTX filed a lawsuit against Binance and its former CEO, Changpeng Zhao, alleging a fraudulent transfer of $1.8 billion.
3. Criminal Convictions:
Caroline Ellison: Former CEO of Alameda Research, she was sentenced to two years in prison for her role in the collapse of FTX.
Gary Wang: FTX co-founder, avoided jail time due to his cooperation with authorities.
4. Bybit settlement: On October 24, 2024, FTX reached a $228 million settlement with cryptocurrency exchange Bybit.
These events illustrate the ongoing efforts to resolve the aftermath of the FTX collapse and restore trust in the cryptocurrency industry $FTT #CryptoAnalysis
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#Moodeng Moo Deng (MOODENG) is a cryptocurrency that has been gaining traction in recent times. Its price is currently around €0.52 . Forecasts for the coming years vary depending on the source:
2024: Some analysts believe that the price could reach around €1.02 by the end of the year .
2025: Forecasts suggest a value between €1.00 and €1.19 .
2026: One estimate puts the price between €1.52 and €1.89 .
It is important to note that these forecasts are based on technical analysis and current market trends. The cryptocurrency market is notoriously volatile, and prices can fluctuate rapidly based on a variety of factors. It is therefore recommended to exercise caution and conduct thorough research before considering any investment. #CryptoStrategy #memecoin
Since Donald Trump’s election on November 5, 2024, the cryptocurrency market has seen a significant surge, with Bitcoin hitting $100,000 in a matter of weeks. 100% since the beginning of 2024.
This momentum is attributed to several factors:
Trump’s pro-crypto stance: Formerly critical, Donald Trump has shifted to an active supporter of crypto assets, promising to make the United States the “crypto capital of the world.”
Increased institutional support: Companies like MicroStrategy have increased their investments in Bitcoin, and platforms like Bakkt have been acquired, increasing confidence in the market.
Favorable regulation: The prospect of a less restrictive Trump administration on crypto asset regulation has boosted investor enthusiasm.