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Bitcoin Losses Continue after Binance Quits FTX Deal


After a sudden turmoil in the FTX exchange, crypto enthusiasts thought Binance would come to the rescue, but Binance officials have announced that it is beyond their control.  Binance exchange can’t support FTX customers to provide liquidity on the platform. As a result, the crypto market has been...

FTX loses Binance as a savior


FTX came out to report that it was suffering from a liquidity crunch. With the exception of Binance, which expressed interest in acquiring FTX’s non-US operations, a number of businesses began to withdraw from FTX. Binance’s decision to back out of the deal, citing concerns about...

Most of FTX Legal Team Depart as Exchange Collapses


An issue that seems to have massively contributed to major crypto exchange Binance’s decision not to acquire FTX is that a significant part of the latter’s team went for the exit. According to Semafor, citing people familiar with the matter, “Most of FTX’s legal and compliance staff quit Tuesday...

Crypto Price Crash Update: Why Did FTX Fall? – Here’s What We Know Now


Earlier this week, speculations around the liquidity crunch at FTX sent shock waves across the entire crypto industry. The news that Binance could potentially purchase FTX slightly saved the day, but when the exchange backed out of the deal yesterday, cryptocurrency prices went into a free...

Bitcoin Price and Ethereum Prediction, Binance Backs Out of FTX Rescue


The cryptocurrency market continues to experience a massive downtrend. The global crypto market cap fell over 11% to $809 billion the previous day, sending major cryptocurrencies into the red on early November 10. Over the last 24 hours, the entire crypto market volume plummeted 11% to $189...

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