FTXRevival
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đžđ FTX's Billion-Dollar Comeback Plan REVEALED! đâš Dive into the crypto drama as FTX unveils its strategy to return billions to customers and creditors. But WAIT, key details left hanging! Will the exchange rise from the ashes? đ°đ #FTXRevival #CryptoMystery
FTX Trading Ltd. has presented its latest proposal to address its bankruptcy case, aiming to return substantial sums to customers and creditors. However, critical details, such as the potential restart of the defunct crypto exchange, valuation methods for digital tokens, and expected creditor returns, remain undisclosed.
The reorganization plan, currently lacking key specifics, is scheduled for creditor voting next year, potentially incorporating additional details. Following this, it will undergo final approval from US Bankruptcy Judge John Dorsey. Major creditor and customer groups involved in the Chapter 11 case have broadly agreed to the outlined plan.
The proposed payout plan entails distributing billions in cash after liquidating a significant portion of the firm's cryptocurrencies. Last month, FTX founder Sam Bankman-Fried's conviction for orchestrating a massive fraud added complexity to the case, which originated from the collapse of the FTX exchange.
FTX filed for bankruptcy last year, with Bankman-Fried relinquishing control to restructuring professionals. Advisors have since been diligently tracking assets and addressing a convoluted debt structure involving various creditors, including those who invested cash and crypto on the platform.
Case reference: FTX Trading Ltd., 22-11068, U.S. Bankruptcy Court for the District of Delaware.
- Report Bloomberg
#FTXRevival #crypto2024catch #BinanceSquareTalks
FTX Trading Ltd. has presented its latest proposal to address its bankruptcy case, aiming to return substantial sums to customers and creditors. However, critical details, such as the potential restart of the defunct crypto exchange, valuation methods for digital tokens, and expected creditor returns, remain undisclosed.
The reorganization plan, currently lacking key specifics, is scheduled for creditor voting next year, potentially incorporating additional details. Following this, it will undergo final approval from US Bankruptcy Judge John Dorsey. Major creditor and customer groups involved in the Chapter 11 case have broadly agreed to the outlined plan.
The proposed payout plan entails distributing billions in cash after liquidating a significant portion of the firm's cryptocurrencies. Last month, FTX founder Sam Bankman-Fried's conviction for orchestrating a massive fraud added complexity to the case, which originated from the collapse of the FTX exchange.
FTX filed for bankruptcy last year, with Bankman-Fried relinquishing control to restructuring professionals. Advisors have since been diligently tracking assets and addressing a convoluted debt structure involving various creditors, including those who invested cash and crypto on the platform.
Case reference: FTX Trading Ltd., 22-11068, U.S. Bankruptcy Court for the District of Delaware.
- Report Bloomberg
#FTXRevival #crypto2024catch #BinanceSquareTalks
đšFTX Token (FTT) Price Prediction/Forecast for 2023, 2024, 2025 and 2030đđ
- PricePrediction.Net utilizes advanced AI-assisted technical analysis for FTX Token (FTT) price predictions.
- The predictions are based on a comprehensive analysis of historical price data.
- Maximum historical data for FTT, including parameters like past price, market cap, and volume, is collected.
- The platform aims to assist investors in making informed decisions for potential returns.
- If you're interested in digital cryptocurrency investments and seek favorable returns, exploring these predictions is recommended.
$FTT #FTXRevival #FTX #BTC #ETH #etf
- PricePrediction.Net utilizes advanced AI-assisted technical analysis for FTX Token (FTT) price predictions.
- The predictions are based on a comprehensive analysis of historical price data.
- Maximum historical data for FTT, including parameters like past price, market cap, and volume, is collected.
- The platform aims to assist investors in making informed decisions for potential returns.
- If you're interested in digital cryptocurrency investments and seek favorable returns, exploring these predictions is recommended.
$FTT #FTXRevival #FTX #BTC #ETH #etf
Ex-FTX lawyer Can Sun is leading the way with Trek Labs, a Dubai-based startup that received a license to offer cryptocurrency services in the region in late October. Backpack Exchange is the name under which Trek Labs will offer those services.
Sun will receive support from ex-FTX employee, Armani Ferrante, who serves as CEO of Trekâs holding company in the British Virgin Islands, according to a Nov. 11 report by the Wall Street Journal. Ferrante also runs Backpack, a cryptocurrency wallet which is integrated in Backpack Exchange.
Sunâs former legal deputy at FTX, Claire Zhang, who is also Ferranteâs wife, is also on Trekâs executive team. However, once Trek raises an investment round, Zhang plans to transition out of the company as she has been working without pay to âhelp bootstrap the exchange," WSJ said.
Sun and Ferrante iterated they wanted to use the lessons learned from FTXâs failure to protect customer funds. Backpackâs technology offers a self-custody solution which integrates a multiparty computation (MPC) technique to ensure funds remain secure. MPC typically involves several parties approving a transaction before funds are moved.
#FTXRevival
#ETH $FTT
Sun will receive support from ex-FTX employee, Armani Ferrante, who serves as CEO of Trekâs holding company in the British Virgin Islands, according to a Nov. 11 report by the Wall Street Journal. Ferrante also runs Backpack, a cryptocurrency wallet which is integrated in Backpack Exchange.
Sunâs former legal deputy at FTX, Claire Zhang, who is also Ferranteâs wife, is also on Trekâs executive team. However, once Trek raises an investment round, Zhang plans to transition out of the company as she has been working without pay to âhelp bootstrap the exchange," WSJ said.
Sun and Ferrante iterated they wanted to use the lessons learned from FTXâs failure to protect customer funds. Backpackâs technology offers a self-custody solution which integrates a multiparty computation (MPC) technique to ensure funds remain secure. MPC typically involves several parties approving a transaction before funds are moved.
#FTXRevival
#ETH $FTT
IRS Deals Devastating Blow to FTX With $24 Billion Tax Claim, Crypto Exchange Pushes Back.
FTX has challenged the potentially fatal tax claims levied by the IRS last month for $24 billion. Image by Michael OâKeene, Adobe Stock.
According to a November 30 filing by FTX debtors, the IRS tax claims of $24 billion filed in early November are âcompletely unsubstantiatedâ and FTX has now requested that the claims be dismissed by the bankruptcy court.
Sam Bankman-Friedâs FTX was hit with a major setback in its bankruptcy proceedings when the IRS filed the staggering tax claims last month, presenting a potentially insurmountable obstacle for the exchange as it attempts to recover funds and reimburse customers.
FTX asserted that the IRS has failed to provide any factual or legal rationale to justify tax claims of such an immense magnitude, especially given FTXâs financial circumstances.
The filing stated that despite ongoing discussions and repeated requests, the IRS has not substantiated the basis for maintaining tax claims that vastly exceed FTXâs estimated earnings and debts. FTX argued that the IRS claims, which currently total 47 separate claims against 31 FTX debtors, were speculative and threatened to impede customer reimbursement efforts indefinitely.
The scale of the IRS tax claims against FTX, among the largest ever levied by the agency, has prompted urgent legal action by the exchange. FTX contends that the unexpected tax claims of approximately $24 billion could critically impact its objective of restoring funds to customers and creditors affected by FTXâs shocking collapse in November 2022.
According to analysts, IRS tax claims have the potential to completely derail FTXâs bankruptcy proceedings if not dismissed or dramatically reduced. Some experts view the claims as a potentially lethal blow to hopes of rehabilitating the exchange and question whether FTX can continue operations at all given the scale of the IRS action.
#IRS #ftx #FTX2.0 #FTX's #FTXRevival
$BTC $XRP $SOL
FTX has challenged the potentially fatal tax claims levied by the IRS last month for $24 billion. Image by Michael OâKeene, Adobe Stock.
According to a November 30 filing by FTX debtors, the IRS tax claims of $24 billion filed in early November are âcompletely unsubstantiatedâ and FTX has now requested that the claims be dismissed by the bankruptcy court.
Sam Bankman-Friedâs FTX was hit with a major setback in its bankruptcy proceedings when the IRS filed the staggering tax claims last month, presenting a potentially insurmountable obstacle for the exchange as it attempts to recover funds and reimburse customers.
FTX asserted that the IRS has failed to provide any factual or legal rationale to justify tax claims of such an immense magnitude, especially given FTXâs financial circumstances.
The filing stated that despite ongoing discussions and repeated requests, the IRS has not substantiated the basis for maintaining tax claims that vastly exceed FTXâs estimated earnings and debts. FTX argued that the IRS claims, which currently total 47 separate claims against 31 FTX debtors, were speculative and threatened to impede customer reimbursement efforts indefinitely.
The scale of the IRS tax claims against FTX, among the largest ever levied by the agency, has prompted urgent legal action by the exchange. FTX contends that the unexpected tax claims of approximately $24 billion could critically impact its objective of restoring funds to customers and creditors affected by FTXâs shocking collapse in November 2022.
According to analysts, IRS tax claims have the potential to completely derail FTXâs bankruptcy proceedings if not dismissed or dramatically reduced. Some experts view the claims as a potentially lethal blow to hopes of rehabilitating the exchange and question whether FTX can continue operations at all given the scale of the IRS action.
#IRS #ftx #FTX2.0 #FTX's #FTXRevival
$BTC $XRP $SOL
$FTT $SOL $RUNE
đ FTX Bull Run Alert! đđč
Get ready for the adrenaline rush as FTX gears up for a potential bull run! đđ„
While the excitement is contagious, remember to tread carefully in the world of high volatility. đšđĄ
Invest wisely, diversify your portfolio, and embrace the thrill with caution. đđ°
#FTXRevival
#BTC
đ FTX Bull Run Alert! đđč
Get ready for the adrenaline rush as FTX gears up for a potential bull run! đđ„
While the excitement is contagious, remember to tread carefully in the world of high volatility. đšđĄ
Invest wisely, diversify your portfolio, and embrace the thrill with caution. đđ°
#FTXRevival
#BTC
đ FTX's FTT token surges 65.16% to $4.79! đ
đź Expectations rise for FTX's revival as former NYSE CEO-linked firms eye acquisition. FTT's climb continues post-SBF's issue. #FTXRevival #BitcoinWorld
đź Expectations rise for FTX's revival as former NYSE CEO-linked firms eye acquisition. FTT's climb continues post-SBF's issue. #FTXRevival #BitcoinWorld
See original
Sam Bankman-Fried's parents want FTX lawsuit filed against them dismissed
Joseph Bankman and Barbara Fried claim that they did not enrich themselves at the expense of clients of the FTX exchange and Alameda Research.
Current FTX management has filed charges against Sam Bankman-Fried's parents, alleging they influenced their son to gain millions of dollars in illegal benefits. FTX claims: Joseph Bankman was one of the actual leaders of the exchange, helping his son manage the company and receiving funds from client accounts.
The FTX lawsuit alleges that Sam Bankman-Fried's parents bought a villa in the Bahamas for $18.9 million at the company's expense. And Sam Bankman-Fried gave his father a gift of $10 million to his mother through loans financed by Alameda Research.
#ftx #FTXRevival #FTX's
Joseph Bankman and Barbara Fried claim that they did not enrich themselves at the expense of clients of the FTX exchange and Alameda Research.
Current FTX management has filed charges against Sam Bankman-Fried's parents, alleging they influenced their son to gain millions of dollars in illegal benefits. FTX claims: Joseph Bankman was one of the actual leaders of the exchange, helping his son manage the company and receiving funds from client accounts.
The FTX lawsuit alleges that Sam Bankman-Fried's parents bought a villa in the Bahamas for $18.9 million at the company's expense. And Sam Bankman-Fried gave his father a gift of $10 million to his mother through loans financed by Alameda Research.
#ftx #FTXRevival #FTX's
Defunct crypto exchange FTX has received an approval from a New York court to sell Grayscale Bitcoin Trust (GBTC) and Bitwise Crypto Index Fund shares worth nearly $873 million.
#FTXRevival  #cryptocurreny  #CryptoNewsđđ°đ«
#FTXRevival  #cryptocurreny  #CryptoNewsđđ°đ«
FTX Token Price Rallies 230% in 30 Days, Is It Better To Buy This Community-Driven Exchange Instead?
The cryptocurrency market never ceases to amaze, with the FTX Token (FTT) recently rallying a whopping 230% in the span of 30 days. This remarkable surge has left many investors and traders questioning whether itâs time to buy back into the FTX exchange or if thereâs a better option out there, like investing in a community-driven exchange such as Pullix.io.
FTX Token (FTT) Makes a Striking Comeback
FTX Tokenâs rapid price escalation follows the potential news of FTX considering reopening its doors. The attorneys from Sullivan & Cromwell shared in a court hearing that FTX, navigating through bankruptcy, might let creditors convert their holdings into a stake in a new version of the exchange. This news spurred a significant price rally for FTX Token, more than doubling in value and injecting a dose of optimism into the tokenâs future.
Following this revelation, the token surged to $4.17, marking a staggering 230.34% increase in just one month. This impressive monthly performance has put the token on a 212.87% rise over the past year.
The FTX Tokenâs sharp increase comes amid revelations of FTXâs potential revival. The exchange, currently navigating bankruptcy proceedings, has hinted at allowing creditors to convert holdings into stakes in a reimagined platform. This news propelled the FTX Tokenâs value to more than double, igniting a flurry of market activity as traders reassess the FTX Tokenâs future viability.
Recovering from its spectacular collapse, FTX has made headway in asset recovery, with its attorneys announcing a jump from $1.9 billion to $7.3 billion in liquid assets. Despite this progress, the exchange is clear that it remains a long way from any equity distribution. Yet, FTX Tokenâs price movement is a strong indicator of the marketâs reaction to the possibility of FTXâs comeback, with FTX Token investors eagerly watching the developments.
Is Pullix.io: A Viable Alternative?
In light of FTX Tokenâs surge, investors are exploring alternatives like Pullix, a community-driven exchange paving the way for a new era in TradeFi. Pullix.io stands out with its innovative token burn feature, aiming to reduce the total supply of its native token, PLX, to enhance its value. This feature, along with the promise of daily revenue sharing with PLX holders, positions Pullix.io as an attractive investment compared to the uncertainty surrounding FTX Token.
Pullix.ioâs approach offers a stark contrast to the traditional exchange model. It provides investors with a sense of security and belonging, with its model ensuring that every PLX holder has a stake in the platformâs success. As Pullix prepares for its launch, the excitement around its community-focused model could very well position PLX as a smart investment choice, particularly for those wary of the turbulence surrounding FTX Token.
With FTX Tokenâs recent performance and the potential of Pullix.io, investors face a choice: take a chance on FTX Tokenâs newfound momentum or opt for the community-oriented, innovative platform that Pullix.io promises to be.
This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.
#FTXRevival #FTX's #FTXUpdate #topnews #TopCryptoNews
FTX Token (FTT) Makes a Striking Comeback
FTX Tokenâs rapid price escalation follows the potential news of FTX considering reopening its doors. The attorneys from Sullivan & Cromwell shared in a court hearing that FTX, navigating through bankruptcy, might let creditors convert their holdings into a stake in a new version of the exchange. This news spurred a significant price rally for FTX Token, more than doubling in value and injecting a dose of optimism into the tokenâs future.
Following this revelation, the token surged to $4.17, marking a staggering 230.34% increase in just one month. This impressive monthly performance has put the token on a 212.87% rise over the past year.
The FTX Tokenâs sharp increase comes amid revelations of FTXâs potential revival. The exchange, currently navigating bankruptcy proceedings, has hinted at allowing creditors to convert holdings into stakes in a reimagined platform. This news propelled the FTX Tokenâs value to more than double, igniting a flurry of market activity as traders reassess the FTX Tokenâs future viability.
Recovering from its spectacular collapse, FTX has made headway in asset recovery, with its attorneys announcing a jump from $1.9 billion to $7.3 billion in liquid assets. Despite this progress, the exchange is clear that it remains a long way from any equity distribution. Yet, FTX Tokenâs price movement is a strong indicator of the marketâs reaction to the possibility of FTXâs comeback, with FTX Token investors eagerly watching the developments.
Is Pullix.io: A Viable Alternative?
In light of FTX Tokenâs surge, investors are exploring alternatives like Pullix, a community-driven exchange paving the way for a new era in TradeFi. Pullix.io stands out with its innovative token burn feature, aiming to reduce the total supply of its native token, PLX, to enhance its value. This feature, along with the promise of daily revenue sharing with PLX holders, positions Pullix.io as an attractive investment compared to the uncertainty surrounding FTX Token.
Pullix.ioâs approach offers a stark contrast to the traditional exchange model. It provides investors with a sense of security and belonging, with its model ensuring that every PLX holder has a stake in the platformâs success. As Pullix prepares for its launch, the excitement around its community-focused model could very well position PLX as a smart investment choice, particularly for those wary of the turbulence surrounding FTX Token.
With FTX Tokenâs recent performance and the potential of Pullix.io, investors face a choice: take a chance on FTX Tokenâs newfound momentum or opt for the community-oriented, innovative platform that Pullix.io promises to be.
This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.
#FTXRevival #FTX's #FTXUpdate #topnews #TopCryptoNews
Very soon the FTX exchange will reopen and FTT will rise above $50.
NOTE: It is not investment advice! #BTC #FTXRevival #binance $FTT $BTC
NOTE: It is not investment advice! #BTC #FTXRevival #binance $FTT $BTC
LIVEvhTrader
--
#FTT looks bullish for now im waiting for mid term x4-x8
đšJUST IN: FTX in Talks with Three Potential Bidders for Exchange Revival.
đšJUST IN: FTX in Talks with Three Potential Bidders for Exchange Revival.
đđ„ FTX's FTT Token Soars 90%: Unveiling the Unexpected Crypto Revival! đ
Hey there, Linkan here! đ In an electrifying turn of events, FTX's $FTT token has rocketed by a staggering 90%! This surge comes hot on the heels of SEC Chairman Gary Gensler's intriguing comments, sparking a potential FTX comeback. Let's unravel this crypto enigma and explore its implications. đ§
The Astounding Climb đ: $FTT 's value leaped dramatically post-Gensler's hints at an FTX reboot. This is a stark contrast to its previous slump following FTX's financial woes and Sam Bankman-Fried's legal battles.
Speculation or Revival? đ€: The crypto sphere is abuzz, debating if this is a true revival or a fleeting speculative bubble. This price surge has certainly put $FTT back in the spotlight.
A Lesson in Crypto Volatility đą: This scenario is a textbook example of how regulatory news can sway crypto markets. It's a vivid reminder for us to stay agile and well-informed in this ever-evolving crypto realm.
FTT's sudden price jump is a captivating chapter in the crypto saga, highlighting the market's dynamic nature and the weight of regulatory influence. Remember, my insights are not financial advice but a lens into the fascinating world of cryptocurrencies. đ
Engagement:
đ€ What's your take on FTT's meteoric rise? A genuine resurgence or just market speculation? Drop your thoughts below, and if you love staying ahead in the crypto game, hit like and tip! đ
Hashtags:
#FTXRevival #FTTTokenSurge #CryptoMarketWatch #BinanceSquareInsight #CryptocurrencyTrends
Disclaimer: This content is purely informational and should not be considered financial advice. Always do your own research. đĄïž
Hey there, Linkan here! đ In an electrifying turn of events, FTX's $FTT token has rocketed by a staggering 90%! This surge comes hot on the heels of SEC Chairman Gary Gensler's intriguing comments, sparking a potential FTX comeback. Let's unravel this crypto enigma and explore its implications. đ§
The Astounding Climb đ: $FTT 's value leaped dramatically post-Gensler's hints at an FTX reboot. This is a stark contrast to its previous slump following FTX's financial woes and Sam Bankman-Fried's legal battles.
Speculation or Revival? đ€: The crypto sphere is abuzz, debating if this is a true revival or a fleeting speculative bubble. This price surge has certainly put $FTT back in the spotlight.
A Lesson in Crypto Volatility đą: This scenario is a textbook example of how regulatory news can sway crypto markets. It's a vivid reminder for us to stay agile and well-informed in this ever-evolving crypto realm.
FTT's sudden price jump is a captivating chapter in the crypto saga, highlighting the market's dynamic nature and the weight of regulatory influence. Remember, my insights are not financial advice but a lens into the fascinating world of cryptocurrencies. đ
Engagement:
đ€ What's your take on FTT's meteoric rise? A genuine resurgence or just market speculation? Drop your thoughts below, and if you love staying ahead in the crypto game, hit like and tip! đ
Hashtags:
#FTXRevival #FTTTokenSurge #CryptoMarketWatch #BinanceSquareInsight #CryptocurrencyTrends
Disclaimer: This content is purely informational and should not be considered financial advice. Always do your own research. đĄïž
đRipple Claims $11 Million In FTX Bankruptcy Case, Bolstering Legal Position
đïž Legal Showdown in the FTX Bankruptcy Case
In a pivotal turn of events within the FTX bankruptcy case, Ripple, the blockchain payment company, secures a significant legal win by claiming a stake in FTX assets. The victory unfolds as Ripple Singapore, a key arm of the Ripple ecosystem, asserts its rights against Alameda assets in this ongoing legal battle.
đ Court Proceedings and Ripple's Assertive Move
The filing with the United States Bankruptcy Court for the District of Delaware discloses that Ripple Labs submitted informal comments, prompting the debtors to revise the proposed order. Crucially, the revised order, unopposed by Ripple Labs, the U.S. Trustee Office, or the Committee of Unsecured Creditors, awaits the court's final approval.
đĄïž Legal Maneuvers and Clarifications
While the order addresses the claims, it explicitly does not constitute an admission of the validity, amount, or basis of any claim against the debtors under bankruptcy or non-bankruptcy law. It further emphasizes that the order doesn't waive the right to dispute claims or imply an obligation to pay specific claims.
đ Insights into Claims and a Pivotal $11.4 Million Victory
The filing unveils a list of claims to be disallowed, alongside surviving claims, offering a glimpse into the bankruptcy case's intricate web of parties and amounts. Notably, Ripple Labs Singapore Pte. Ltd. claims a substantial $11,403,976.90, securing a notable position in the distribution of FTX assets.
đŒ Strategic Implications for Ripple
This legal triumph is a strategic move by Ripple Singapore, positioning itself as a significant player in the bankruptcy case. Beyond the courtroom, Ripple's success adds a positive note to its ongoing legal tussle with the SEC, showcasing resilience and strategic prowess.
đ Stay Informed with The Blockopedia for Real-time Crypto Updates!
#RippleUpdate #FTXRevival #crypto #cryptocurrency #crypto2023
đïž Legal Showdown in the FTX Bankruptcy Case
In a pivotal turn of events within the FTX bankruptcy case, Ripple, the blockchain payment company, secures a significant legal win by claiming a stake in FTX assets. The victory unfolds as Ripple Singapore, a key arm of the Ripple ecosystem, asserts its rights against Alameda assets in this ongoing legal battle.
đ Court Proceedings and Ripple's Assertive Move
The filing with the United States Bankruptcy Court for the District of Delaware discloses that Ripple Labs submitted informal comments, prompting the debtors to revise the proposed order. Crucially, the revised order, unopposed by Ripple Labs, the U.S. Trustee Office, or the Committee of Unsecured Creditors, awaits the court's final approval.
đĄïž Legal Maneuvers and Clarifications
While the order addresses the claims, it explicitly does not constitute an admission of the validity, amount, or basis of any claim against the debtors under bankruptcy or non-bankruptcy law. It further emphasizes that the order doesn't waive the right to dispute claims or imply an obligation to pay specific claims.
đ Insights into Claims and a Pivotal $11.4 Million Victory
The filing unveils a list of claims to be disallowed, alongside surviving claims, offering a glimpse into the bankruptcy case's intricate web of parties and amounts. Notably, Ripple Labs Singapore Pte. Ltd. claims a substantial $11,403,976.90, securing a notable position in the distribution of FTX assets.
đŒ Strategic Implications for Ripple
This legal triumph is a strategic move by Ripple Singapore, positioning itself as a significant player in the bankruptcy case. Beyond the courtroom, Ripple's success adds a positive note to its ongoing legal tussle with the SEC, showcasing resilience and strategic prowess.
đ Stay Informed with The Blockopedia for Real-time Crypto Updates!
#RippleUpdate #FTXRevival #crypto #cryptocurrency #crypto2023
đ Top Crypto Performers of November: SEI, LUNC, and RUNE
đź Bright Future: Standard Chartered's Bold BTC Prediction
Standard Chartered Bank's bold projection suggests that Bitcoin may reach an impressive $100,000 by the end of 2024. This optimistic forecast aligns with the current investor sentiment, resulting in a bullish trend as we approach the final weeks of 2023.
đ Leading the Gains: SEI, LUNC, RUNE
Today's top performers are riding on the wave of positivity and robust community ties. Let's delve into their stories:
SEI - The L1 Blockchain for Seamless Digital Asset Trading
Price (Nov 29, 6:45 AM EST): $0.29, a 24.3% increase in 24 hours.Week's Gain: 75.9%.Key Drivers: Circle Ventures' investment, enabling more use cases for USDC, and Sei's innovative accelerator program for global collaboration.
SUI - Buyers Attempting a Recovery: Will It Break Above $0.61?
Recent Moves: Encountering resistance at $0.61, with recovery attempts and support found at $0.58.Indicators: RSI moving sideways, MACD showing a sell signal. A potential decline to $0.58 before rebounding to break above $0.62.
LUNC - The Open-Source Crypto Project
Current Price: $0.000119, a 24.4% increase in 24 hours.Weekly Gain: 66.0%.Driving Forces: Increased liquidity in the Terra ecosystem, with $6.2 million in trading volume. A strong bullish pattern on the daily chart indicates a potential rally.
RUNE - The Decentralized Liquidity Protocol for Cross-Chain Swaps
Current Price (6:50 AM EST): $6.47, a 17.5% increase in 24 hours.Weekly Gain: 11.6%.Impressive Stats: THORChain surpasses $7.2 billion in monthly transaction volume, underlining its prowess as a top liquidity protocol.
đ Stay Informed, Stay Ahead: Follow The Blockopedia for Real-time Crypto Updates!
#TopCryptoNews #FTXRevival #crypto #cryptocurrency #crypto2023
đź Bright Future: Standard Chartered's Bold BTC Prediction
Standard Chartered Bank's bold projection suggests that Bitcoin may reach an impressive $100,000 by the end of 2024. This optimistic forecast aligns with the current investor sentiment, resulting in a bullish trend as we approach the final weeks of 2023.
đ Leading the Gains: SEI, LUNC, RUNE
Today's top performers are riding on the wave of positivity and robust community ties. Let's delve into their stories:
SEI - The L1 Blockchain for Seamless Digital Asset Trading
Price (Nov 29, 6:45 AM EST): $0.29, a 24.3% increase in 24 hours.Week's Gain: 75.9%.Key Drivers: Circle Ventures' investment, enabling more use cases for USDC, and Sei's innovative accelerator program for global collaboration.
SUI - Buyers Attempting a Recovery: Will It Break Above $0.61?
Recent Moves: Encountering resistance at $0.61, with recovery attempts and support found at $0.58.Indicators: RSI moving sideways, MACD showing a sell signal. A potential decline to $0.58 before rebounding to break above $0.62.
LUNC - The Open-Source Crypto Project
Current Price: $0.000119, a 24.4% increase in 24 hours.Weekly Gain: 66.0%.Driving Forces: Increased liquidity in the Terra ecosystem, with $6.2 million in trading volume. A strong bullish pattern on the daily chart indicates a potential rally.
RUNE - The Decentralized Liquidity Protocol for Cross-Chain Swaps
Current Price (6:50 AM EST): $6.47, a 17.5% increase in 24 hours.Weekly Gain: 11.6%.Impressive Stats: THORChain surpasses $7.2 billion in monthly transaction volume, underlining its prowess as a top liquidity protocol.
đ Stay Informed, Stay Ahead: Follow The Blockopedia for Real-time Crypto Updates!
#TopCryptoNews #FTXRevival #crypto #cryptocurrency #crypto2023
See original
FTX Clients Ask Court to Overturn Unfair Compensation Plan
Customers of bankrupt cryptocurrency exchange FTX have asked a US bankruptcy court to block its proposed plan to calculate the value of crypto assets based on November 2022 prices.
Over the past week, several dozen clients of the cryptocurrency exchange from around the world wrote letters to the court of the US state of Delaware, where FTX filed for Chapter 11 of the US Code of bankruptcy. They claim that the cryptocurrency exchange is preventing them from benefiting from rising cryptocurrency prices.
Last year, FTX unveiled a plan that calculated the value of creditors' claims based on asset prices at the time of the exchange's bankruptcy in November 2022. According to representatives of the miserably failed company, this does not contradict US bankruptcy laws.
#ftx #FTXRevival #ftt
$FTT
Customers of bankrupt cryptocurrency exchange FTX have asked a US bankruptcy court to block its proposed plan to calculate the value of crypto assets based on November 2022 prices.
Over the past week, several dozen clients of the cryptocurrency exchange from around the world wrote letters to the court of the US state of Delaware, where FTX filed for Chapter 11 of the US Code of bankruptcy. They claim that the cryptocurrency exchange is preventing them from benefiting from rising cryptocurrency prices.
Last year, FTX unveiled a plan that calculated the value of creditors' claims based on asset prices at the time of the exchange's bankruptcy in November 2022. According to representatives of the miserably failed company, this does not contradict US bankruptcy laws.
#ftx #FTXRevival #ftt
$FTT
Signal alert alert đšđš
For swing traders and investors only
Buy: FTT
Entry: 3.2
Take profit: 5 or at your convenience price
Stoploss: 2.8
$FTT #FTXRevival #Cryptowizard101 #BTC #ETH #Polygon
For swing traders and investors only
Buy: FTT
Entry: 3.2
Take profit: 5 or at your convenience price
Stoploss: 2.8
$FTT #FTXRevival #Cryptowizard101 #BTC #ETH #Polygon
FTX Granted Permission to Initiate Sale of $744 Million Grayscale Assets - Breaking News Update!
In a groundbreaking development, FTX has secured approval to commence the sale of Grayscale assets totaling $744 million. This significant milestone marks a pivotal moment for FTX and the broader crypto market. Delving into the details of this approval sheds light on the implications and potential impacts of this substantial asset sale, signaling a notable shift within the cryptocurrency trading landscape.
#FTXRevival #FTX's
#BinanceCEO #binannce
In a groundbreaking development, FTX has secured approval to commence the sale of Grayscale assets totaling $744 million. This significant milestone marks a pivotal moment for FTX and the broader crypto market. Delving into the details of this approval sheds light on the implications and potential impacts of this substantial asset sale, signaling a notable shift within the cryptocurrency trading landscape.
#FTXRevival #FTX's
#BinanceCEO #binannce
