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πŸ’Έ Another increase in cryptocurrency trading volume was recorded

The second session for #cryptocurrencies ended with a positive result, trading volumes increased by 3% in 2 days, despite the situation, associated with the collapse of the #FTX crypto exchange
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#FTX Sam Bankman Fried wrote a great article about FTX, Alameda and Binance!

Who is interested in reading excuses: original (translate in the browser)

#scam #binance

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#Glassnode: Exit the bear, as in 2018-2019!

The bear market of 2022-23 spent 179 days below the Realized Price, which makes it the second longest in the last four bearish cycles.
▫️There is a noticeable similarity in the strength of the market with what was observed in April 2019.
▫️A significant amount of coins changed hands (with the collapse of #FTX)
▫️BTC miners have suffered the most over the past 12 months. The average cost of mining BTC = from $17,000 to $18,798, depending on the analysis model.
▫️It is likely that miners across the board expect more favorable financial conditions in the future
But if BTC drops below $17,000 again, then miners will again experience acute stress.
The entire report (Eng.)

#observation #onchain #records
πŸ” FTX assets worth $5.5 billion found

β€” The discovered #FTX assets have influenced the market to a certain extent, but still a certain crypt is at risk of a sell-off.

β€” FTX contains the largest share of liquid assets in SOL, FTT (80% of the supply), BTC, ETH, etc.

β€” Also, more than 99% of all SRM, MAPS, OXY tokens contain FTX and are considered illiquid.

β€” So be careful when it comes to FTX/Alameda.

Today it became known that hackers stole $415 million from the FTX exchange (part of the $5.5 billion found).
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πŸ‘€ Changpeng Zhao said that FTX paid $43 million to one news outlet to create a negative information atmosphere around the Binance exchange.

CZ also added that Binance has a negative attitude towards the press, which has launched a negative campaign around the FTX events β€” such behavior on the part of the news media will never change.

#Binance #FTX
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🚨 The relaunch of #FTX attracts the interest of a large venture capital company Tribe Capital

- Tribe is considering investing $250,000,000 in restarting the bankrupt exchange. (original)
SEC chair sparks rally amidst legal turbulence

Gary Gensler's recent #SEC remarks on #FTX's potential resurrection ignite a market rally

https://dapp.expert/news/SEC-chair-sparks-rally-amidst-legal-turbulence
Cryptocurrency highlights: dive into the latest crypto headlines

Explore the crypto landscape with updates on #Lido DAO's legal woes, potential impacts of a spot Bitcoin #ETF on exchanges, and #FTX grappling with significant bankruptcy fees. Stay in the know about the dynamic developments in the crypto world.

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Bankman-Fried sentencing update: Judge denies continuance amid speculation of a second trial

Amidst ongoing legal developments, the sentencing of Sam #Bankman-Fried faces potential delays as his legal team's request is rejected. The #FTX founder's future remains uncertain, with discussions of a second trial looming over charges of bank fraud and conspiracy.

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