FTX


Videos

Bitcoin Tumbles Below $17K Amid Worries Over FTX-Binance Deal

The fallout of crypto exchange giant FTX's liquidity concerns continues to rattle the crypto markets. Bitwise Chief Investment Officer Matt Hougan discusses his outlook for bitcoin (BTC) as the cryptocurrency falls below $17,000 to its lowest level in 23 months.

Recent Videos

Videos

$940M Bitcoin 'Longs' Liquidated in 48 Hours

Nearly $1 billion worth of bitcoin (BTC) in long positions on crypto exchanges were liquidated as markets fell on FTX contagion fears, according to Coinglass data. Total crypto market capitalization slid to $900 billion from over $1 trillion on Wednesday morning as traders reacted to speculation around prominent exchange FTX's liquidity issues. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.

Recent Videos

Videos

Bitcoin Drops to 23-Month Low; Galaxy Digital Reveals $76.8M FTX Exposure

Bitcoin (BTC) dropped to a new 23-month low as crypto traders processed the news that Binance might not buy rival FTX after all. Bloomberg reports U.S. securities and commodities regulators are probing whether FTX.com correctly managed client funds, despite statements by the ailing crypto exchange’s CEO, Sam Bankman-Fried, that all customer holdings were covered.

Recent Videos

Finance

Binance Walks Away From Deal to Acquire FTX

A spokesperson for the crypto exchange said FTX's issues "are beyond our control or ability to help."

(Danny Nelson/CoinDesk)

Finance

Why Is Crypto Tanking: The FTX-Binance Drama Explained

The world’s largest crypto exchange, Binance reversed course on a plan to bail out competitor FTX in an event that has shocked the crypto industry and is catching the attention of regulators.

The last two days have generated plenty of drama in the crypto world. (Anton Petrus/Getty Images)

Markets

Solana Blockchain Hit by FTX Tremors as Nearly $800M SOL Tokens Set to Be Unstaked

The scheduled-to-be-unlocked SOL tokens represent approximately 15% of its circulating supply.

(Danny Nelson/CoinDesk)

Web3

FTX and Alameda Contagion Fears Tank NFT Markets

Rumors of Alameda liquidating its Solana holdings are sending SOL’s price into free fall; both Solana and Ethereum-based NFT markets are getting hit hard by the news.

Pixel Art NFT Collectibles Background.  Vector Illustration.  NFT Seamless Pattern. (Getty Images)

Finance

Hostaged FTX Funds Sold for Pennies on the Dollar in OTC Trades Among Customers

Troubled crypto exchange FTX halted withdrawals on Tuesday, leading panicked customers to offload their bags among themselves at steep discounts.

El ex CEO de FTX, Sam Bankman-Fried. (Danny Nelson/CoinDesk)

Finance

Binance-FTX Deal Will Bring Regulatory 'Scrutiny’ on Crypto Exchanges: Blockchain Association’s Kristin Smith

The executive director discusses why FTX’s fall from grace is likely to “open up a more robust” debate surrounding regulation for exchanges in future. U.S. Rep. Jim Himes of Connecticut weighs in.

Official Portrait of Congressman Jim Himes, 113th Congress/Kristin Smith from the Blockchain Association (House.gov/Kristin Smith)