Justin Sun, the Founder of Tron (TRX), is reportedly open to deals for the assets of the now-defunct crypto exchange FTX. Sun said that his associates were evaluating potential purchases of assets from the fallen, Bahamas-based exchange, according to the Wall Street Journal. The adviser at the Huobi exchange and the WTO Ambassador of Grenada…
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A “substantial amount” of the failed crypto exchange FTX’s assets are either missing or have been stolen, said the exchange’s lawyer in court. According to the Wall Street Journal, this statement was made by said James Bromley, counsel to FTX’s new management, during a bankruptcy hearing on Tuesday. Per the report, the new management is…
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Ethereum price bounces off support at $1,074 with a 7.4% rally in mid-week trading. This fresh bullish wave is moving across the crypto market days after the FTX drainer who made away $600 million plunged crypto assets into another tailspin. The largest smart contracts token is exchanging hands at $1,167 during Wednesday’s European session. It…
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Dogecoin price prediction is positive, as it has risen above $0.0720 and is now trading at $0.0810. However, the downward trendline and 50-day moving average continue to obstruct the upward movement. Elon Musk’s decision to pay a whopping $44 billion for the social media giant Twitter has been one of the year’s biggest surprises. The…
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The Metaverse has been gaining significant traction over the course of the past few years, with many projects boasting 100x multiples during the last bull market. Some of the largest winners include Decentraland, as well as relative newcomers Axie Infinity (AXS) and The Sandbox (SAND). However, there are new Metaverses entering the fray as…
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The Terra Luna Classic price has fallen by 3% in the past 24 hours, as the market continues to reel from the ongoing effects of the FTX collapse and subsequent hack. At $0.00015053, LUNC is also down by 13% in the past week and by 35% in the last 30 days, with ongoing token burns…
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The cryptocurrency market continues to wade through the murky red waters of a bearish trend – made worse by the collapse of FTX. Despite the negative market mood, ADA has so far held well against the rest of the market, down only 0.6% in the past 24 hours. The Cardano ecosystem continues to grow despite…
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The troubled crypto trading firm Genesis is reportedly struggling to raise fresh funds for its lending unit – and may be headed into bankruptcy. According to Bloomberg, citing people with knowledge of the matter, the company has spent the past several days looking to raise a minimum of $1 billion in fresh capital, but seemingly…
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The XRP price has risen by 1.5% in the past 24 hours, reaching $0.358245 as the altcoin recovers from yesterday’s market-wide selloff. It remains down by 23% in the last 30 days, yet hopes surrounding Ripple’s case with the SEC promise to push it up higher in the coming weeks, as this case case draws…
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