FTX Finds $5.5 Billion in Liquid Assets, Still Faces 'Substantial Shortfall'
Collapsed crypto exchange FTX said Tuesday it has identified $5.5 billion of liquid assets,
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Collapsed crypto exchange FTX said Tuesday it has identified $5.5 billion of liquid assets,
One filing also alleged that Bahamian regulators asked Sam Bankman-Fried to gain unauthorized access to funds.
Binance burns $1.7 billion worth of LUNC. The next burn date is Monday, Oct. 10, 2022.
An analyst at Arcane Research said that a massive sell-off by institutional investors appears to be the main reason behind the drop in bitcoin prices since May.
Massive sell-offs from institutions appear to have been the driving force behind the drop in Bitcoin price since May, according to an analyst from Arcane Research.
Traders ended their long bitcoin derivatives contracts ahead of the October bitcoin price rally, ignoring decent on-chain fundamentals.
Bitcoin price is refusing to pull back despite Bollinger Bands and the Fear and Greed Index pointing to an overheated rally.
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"All issuers, including those that pursue opportunities involving emerging technology, must ensure that their disclosures are timely, complete and accurate," said Kristina Littman.