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Day: November 22, 2022
Steps to Crypto Recovery: Where โWeโ Go From Here
CryptoX – Cryptocurrency Analysis and News Portal The FTX is a wake-up call for everyone in the industry. And, no, regulation isn’t going to save us next time, any more than it would have this time. Original Source The post Steps to Crypto Recovery: Where โWeโ Go From Here appeared first on CryptoX. CryptoX Portal
Bankrupt Crypto Exchange FTX Owes $3,101,348,515 to 50 Largest Creditors
The collapsed crypto exchange FTX owes more than $3.1 billion to its 50 largest creditors, according to a new bankruptcy filing. The new filing indicates the exchangeโs largest creditor is owed more than $226 million, and the top 10 are owed approximately $1.45 billion collectively. The names of the creditors are not listed on the document. FTXโs legal team says the firm is still working out the final figures. โThe Debtorsโ investigation continues regarding amounts listed, including payments that may have been made but are not yet reflected on the…
Binance's CEO Sows Doubt in Crypto Rival Coinbase and Digital Asset Manager Grayscale โ Then Backtracks
Changpeng Zhao quickly deleted a tweet that called the companies’ disclosures into question. Source
Bitcoin Regains $16K, But Analysts Are Still Bearish
Bitcoin rebounds after hitting a fresh two-year low in the past 24 hours. But analysts said bitcoin could hit $13,000 amid contagion. Original
Whales Add $1B More To Their Holdings
On-chain data shows Ethereum whales have added $1 billion more to their holdings recently, something that could be bullish for the cryptoโs price. Ethereum Whales Now Hold 947,940 ETH More In Their Wallets As per data from the analytics firm Santiment, this jump in the whale holdings is the 5th largest in this year so far. The relevant indicator here is the โSupply Distribution,โ which tells us the percentage of the total Ethereum supply that each wallet group has right now. Wallets are divided into these groups based on the…
Onchain Research Shows FTXโs Falling BTC, ETH, Stablecoin Balances โSuggest Cracks Had Formed as Far Back as Juneโ โ Bitcoin News
While the analytics firm Nansen published a report that points to the Terra collapse igniting the flames of FTXโs and Alameda Researchโs financial problems, onchain data from the intelligence and research firm Glassnode suggests FTXโs โcracks had formed as far back as May-June.โ Glassnodeโs report highlights a โgrowing pool of [onchain] dataโ that shows FTXโs crypto reserves dropped significantly following Terraโs fallout. Glassnode Report Highlights How FTXโs Bitcoin, Ethereum, and Stablecoin Balances Dropped Significantly Following the Terra Ecosystem Implosion Thereโs been a lot of eyes focused on the โFTX Accounts…
Cryptocurrency Will NUKE ๐ฃ (My Current Trades)
โถ Coinbase Website: Coinbase.com โถ CEX Website: cex.io HUGE EMERGENCY WARNING FOR EVERYONE IN CRYPTO ***** How To QUIT Your Job With Crypto (Step By Step)๐ ๐ฐ Fundamental Secrets (Coin Calls, Marketing, & Coaching) โก๏ธ: ๐ Show Notes and Resources ๐ 1. ๐ฐ The Strategies I Used To Turn $5k Into $500k โก๏ธ: 2. Join me on Twitter for daily tips and behind-the-scenes: 3. Follow me on Instagram: 4. Follow me on Tiktok: 5. Email Newsletter (Exclusive Content): Referral links to my kit, Amazon, Coinbase, and more: #invest #investing #trading…
FTX Bankruptcy Judge Says Creditor Information Can Be Redacted โ at Least For Now
FTX creditors concerned about their names and other personal information being disclosed as part of the crypto exchangeโs bankruptcy proceedings can breathe a sigh of relief โ at least temporarily. Source
Binance CEO denies report firm met with Abu Dhabi investors for crypto recovery fund
Changpeng Zhao, chief executive officer of crypto exchange Binance, has denied a report claiming he met with investors in Abu Dhabi in an effort to raise cash for the companyโs crypto recovery fund. According to a Nov. 22 report from Bloomberg, CZ and others affiliated with Binance discussed raising cash for its proposed fund, aimed at helping projects with potential liquidity issues. Zhao and the Binance team reportedly met with potential backers associated with United Arab Emirates National Security Adviser Sheikh Tahnoon bin Zayed, while a Binance spokesperson said the…