Crypto News Weekly Recap #125 📣
- FTX files for bankruptcy, CEO Sam Bankman-Fried resigns
- Binance will launch a new ‘industry recovery fund’
- Bankrupt FTX faces criminal investigation in the Bahamas
- FTX investigating a possible $473 million hack
- Tether USD Stablecoin lost peg
- Binance released the details of its hot and cold wallet addresses
- BlockFi pauses withdrawals in wake of FTX collapse
- Aptos has partnered with Google Cloud
The 10 Most Volatile Cryptos over the Last 30 Days
According to the volatility index (The standard deviation of prices over 30 days) calculated by CryptoRank, FTX Token (109%) is the most volatile coin. For the same period, Marinade and Dogechain showed volatility of 83.6% and 82.3%.
👉https://cryptorank.io/performance
🚀The TOP-10 Trending Searches on CryptoRank in the Last 7 Days
FTX Token leads, followed by Solana, Hashflow, and Aptos.
👉https://cryptorank.io/trending
🚀 Most Searched Early-Stage Projects on CryptoRank in the Last 7 Days
Sui leads, followed by Shardeum, Sei Network, and Fuel Labs.
👉https://cryptorank.io/funding-rounds
SBF has stepped down as CEO of FTX. FTX Group has also filed for bankruptcy
FTX, Alameda and 130 additional affiliated companies have commenced voluntary proceedings under Chapter 11 of the United States Bankruptey Code. Sam Bankman-Fried has resigned
his role as Chief Executive Officer.
👉 https://twitter.com/FTX_Official/status/1591071832823959552
Total Stablecoin Supply Below $150B After Market Collapse
Over the past month the total market cap of stablecoins showed a significant decrease, according to data compiled by CryptoRank.io. It is worth noting that trade volume has increased by 192% over the past 30 days.
👉https://cryptorank.io/categories/stablecoin
The Latest Breaking News 📣
- FTX have begun processing withdrawals again
- Tether USD Stablecoin lost peg
- Binance released the details of its hot and cold wallet addresses
- BlockFi pauses withdrawals in wake of FTX collapse
- Aptos has partnered with Google Cloud
👉 https://cryptorank.io/news
Top 10 Exchanges By Stablecoin Balances 🚀
Binance leads, followed by OKX, Uniswap, and Kucoin
👉https://cryptorank.io/exchanges
Tether USD Stablecoin Lost Peg
The largest stablecoin on the market fell to $0.9711 today, according to data from Cryptorank. It has seen a 1.3% decrease in the past hours.
A wallet that might be owned by Alameda Research recently borrowed USDT from Aave and swapped it on Curve
👉https://cryptorank.io/price/tether
The Latest Breaking News 📣
- Binance backs out from FTX deal
- SBF tells investors FTX needs $8B in emergency funding
- Binance has topped up the SAFU fund balance back to $1B
- MetaMask rolls out bridge aggregator for cross-chain crypto transfers
- Justice Department joins SEC in FTX probe
👉 https://cryptorank.io/news
⚡️BUSD Reaches Trading Volume and Market Cap ATHs
Binance USD (BUSD) market cap has reached an ATH, surpassing $23B. This represents a growth of over 9,5% since the start of November. Additionally, BUSD has also attained an ATH in 24h trading volume, crossing $20B.
👉 https://cryptorank.io/price/binance-usd
Stader BNB x BAB Stake, Refer & Earn Campaign
Stader has opened its BNB x BAB campaign. Token holders can Stake BNB as well as Refer and Earn with Stader BNB. BAB holders can also mint exclusive NFTs.
👉https://galxe.com/staderlabs/campaign/GC6zkUwy5U
The Latest Breaking News 📣
- Binance to acquire FTX
- Alameda provides proof it holds 100M BIT tokens after BitDAO query
- BlockFi brings back high-yield product thanks to SEC exemption
- Coinbase Germany ordered to address risk management by BaFin
- LeadBlock hits first close of $150 million fund
👉 https://cryptorank.io/news
About $854M of Positions Gets Liquidated Due to BTC Drop Below $17,500
Due to the recent Bitcoin drop below $17,500 about $854M in longs and shorts was liquidated from the leading derivatives exchanges:
- $293M on Binance;
- $180M on FTX;
- $125M on OKX;
- $100M on Bybit;
- $84M on Huobi.
👉 https://cryptorank.io/derivatives-analytics/bitcoin
Interested to find out Alameda Research investments? Take a look at some of the top projects from the most discussed VC's portfolio on Cryptorank.io
Follow the links for more insights.
👉 https://cryptorank.io/funds/alameda-research
👉 https://cryptorank.io/funds
📈Market Overview
Last week's calamitous collapse of the FTX exchange sent crypto markets for their worst seven-day stretch since the mid-June aftermath of the Terra blockchain's meltdown. A giant hack over the weekend just made things worse. Bitcoin is currently trading around $16,300, which represents a -2.8% decrease over the past 24 hours.
The Top-10 cryptocurrencies are traded in red zone: XRP -7.2%, Dogecoin -3.69%, Cardano -3.58%.
Market capitalization: $844B (-5.74%)
The BTC dominance: 36.25% (+0.39%)
Fear & Greed Index: 24 (Extreme Fear)
https://cryptorank.io/heatmaps
👉 Top Gainers
Nabox (NABOX) +106%
Muse DAO (MUSE) +105%
Index Cooperative (INDEX) +64.9%
👉 Top Losers
Serum (SRM) -31.3%
Qredo (QRDO) -24.9%
Efinity Token (EFI) -21%
BTC Futures
Aggregated Volume — $29.3B
Aggregated Open Interest — $8.57B
👉 Derivatives Market Analytics
📈Market Overview
Bitcoin continues to fluctuate below $17,000 waiting for the upcoming news. BTC is up 0.46% over the last 24 hours and is currently trading around $16,788.
The Top-10 cryptocurrencies are traded in different directions: Dogecoin +10.2%, BNB +1.59%, XRPL -0.85%.
Market capitalization: $982B (+0.54%)
The BTC dominance: 36.26% (+0.31%)
Fear & Greed Index: 22 (Extreme Fear)
https://cryptorank.io/heatmaps
👉 Top Gainers
Trust Wallet Token (TWT) +55.6%
dYdX (DYDX) +33.2%
Aurora (AURORA) +28%
👉 Top Losers
Voyager Token (VGX) -18.7%
Huobi Token (HT) -18.6%
MATH (MATH) -17.8%
BTC Futures
Aggregated Volume — $13.8B
Aggregated Open Interest — $9.61B
👉 Derivatives Market Analytics
📈Market Overview
Bitcoin, Ethereum and cryptocurrency-linked stocks like MicroStrategy are seeing a sharp downturn after news broke that FTX announced filing for Chapter 11 bankruptcy and Sam Bankman-Fried stepped down as CEO, which was followed by an exploit. Data from CryptoRank.io shows Bitcoin has lost 20% of its value in the past week as well. BTC is currently trading around $16,800, which represents a -3.16% decrease over the past 24 hours.
The Top-10 cryptocurrencies are traded in red zone: Polygon -11.5%, XRPL -6.43%, Cardano -5.65%.
Market capitalization: $890B (-3.7%)
The BTC dominance: 36.24% (+0.5%)
Fear & Greed Index: 21 (Extreme Fear)
https://cryptorank.io/heatmaps
👉 Top Gainers
Voyager Token (VGX) +29.8%
Shping (SHPING) +23.3%
SafePal (SFP) +21.4%
👉 Top Losers
FTX Token (FTT) -30.6%
Marinade (MNDE) -22.8%
Serum (SRM) -19.4%
BTC Futures
Aggregated Volume — $38.1B
Aggregated Open Interest — $9.99B
👉 Derivatives Market Analytics
Biconomy SDK To Launch on November 15th
Biconomy has announced that Biconomy SDK will go live on November 15th. The SDK will provide tools and services to leverage smart contract wallets and allow the building of custom transaction journeys.
👉twitter.com/biconomy/status/1590694175804379136
DeFi Projects With the Highest 30D User Growth
Check out some of the fastest-growing DeFi projects on BNB Chain, Polygon, Ethereum, Optimism, Arbitrum, Solana, and Cardano.
👉https://cryptorank.io/categories/defi
Elrond Expands into MultiversX
Elrond has announced its rebranding into MultiversX. The relaunched platform will operate as a highly scalable, secure and decentralized blockchain network, becoming a metaverse hub with a diverse range of products.
👉twitter.com/beniaminmincu/status/1588162448103612416
📈Market Overview
Bitcoin has jumped up 5% and confidence is returning over the global macro outlook and the news that FTX began partially opening withdrawals for users.
The Top-10 cryptocurrencies are traded in green zone: Polygon +14.2%, Ethereum +6.7%, Cradano +3.9%.
Market capitalization: $913B (+3.27%)
The BTC dominance: 36.24% (+0.25%)
Fear & Greed Index: 25 (Extreme Fear)
https://cryptorank.io/heatmaps
👉 Top Gainers
MATH (MATH) +84.3%
Prosper (PROS) +54.3%
Oxygen (OXY) +53.4%
👉 Top Losers
Cube Network (CUBE) -26.2%
BikeRush (BRT) -20.8%
Step Finance (STEP) -17.3%
BTC Futures
Aggregated Volume — $66.3B
Aggregated Open Interest — $9.9B
👉 Derivatives Market Analytics
Top 10 Recently Added on CryptoRank in the Last 7 Days by 24H Trade Volume 🚀
GALAXIA leads, followed by GMD Protocol, ECOx, and The Mars.
👉https://cryptorank.io/trending
FTX Funding and Valuation Overview
Against the back drop of FTX's collapse, lets take a look at the firm's funding history and valuation for detailed insights.
Who are being impacted by FTX solvency? Let us know your opinion in comments below 🤔
👉 https://cryptorank.io/ico/ftx-token
📈Market Overview
Bitcoin declining to $15,600 amid the chaos caused by FTX’s potential insolvency and the failure of the Binance deal
The Top-10 cryptocurrencies are traded in red zone: BNB -9.2%, Ethereum -7.8%, Cradano -6.8%.
Market capitalization: $883B (-6.97%)
The BTC dominance: 36.30% (-1.70%)
Fear & Greed Index: 22 (Extreme Fear)
https://cryptorank.io/heatmaps
👉 Top Gainers
Marinade (MNDE) +62.4%
XEN Crypto (XEN) +45.1%
ClearDAO (CLH) +27.1%
👉 Top Losers
Step Finance (STEP) -57.7%
Oxygen (OXY) -44.8%
Aurory (AURY) -42.3%
BTC Futures
Aggregated Volume — $85.8B
Aggregated Open Interest — $9.4B
👉 Derivatives Market Analytics
As a major investor in many of the biggest crypto companies, FTX Ventures has been drawing attention regarding its possible acquisition by Binance. Especially concerning the future of these key investments.
Take a look at some of the top projects from the portfolio led by Sam Bankman-Fried here. For more information you can find FTX historical funding data on our fundraising page.
Follow the links for more insights.
👉 https://cryptorank.io/funds/ftx-ventures/rounds
👉 https://cryptorank.io/ico/ftx-token
Top 10 Fundraising Rounds Recently Added on CryptoRank
Wemade leads, followed by Archax, Tharsis Labs, and FORDEFI. For more insights, visit Funding Rounds page.
👉https://cryptorank.io/funding-rounds
📈Market Overview
Bitcoin price dips under $17.5K June low, liquidated over $800 million of long positions on Nov 8. While the Binance and FTX news initially caused an uptick in the market, the day turned south as various unconfirmed sources speculated that FTX’s losses could show a $6 billion deficit.
The Top-10 cryptocurrencies are traded in red zone: Polygon -18.7%, Dogecoin -15.5%, Ethereum -14.9%.
Market capitalization: $942B (-9.24%)
The BTC dominance: 37.09% (+1.20%)
Fear & Greed Index: 29 (Fear)
https://cryptorank.io/heatmaps
👉 Top Gainers
DFI.Money (YFII) +34.9%
Cube Network (CUBE) +21.1%
ROOBEE (ROOBEE) +20.7%
👉 Top Losers
FTX Token (FTT) -74.7%
DoraFactory (DORA) -38.7%
Serum (SRM) -34.4%
BTC Futures
Aggregated Volume — $142.4B
Aggregated Open Interest — $9.3B
👉 Derivatives Market Analytics
Binance to Fully Acquire FTX
Binance CEO Changpeng Zhao announced that the crypto exchange has tentatively agreed to acquire competitor Sam Bankman-Fried's FTX for an undisclosed amount. The FTT token, which had slumped as low as $14.57 on Tuesday morning on rumors that FTX had suspended withdrawals, rebounded to $19.86 on the news.
👉https://twitter.com/cz_binance/status/1590013613586411520
Binance Launchpad and FTX are two of the most popular IEO platforms right now. For more insights visit CryptoRank.io and compare these platform metrics.
What would be your platform of choice? Share your opinion in comments below 🤔
👉 https://cryptorank.io/fundraising-platforms/ieo