FTX liquidation not expected to flood crypto market according to Coinbase research head. The upcoming liquidation of bankrupt cryptocurrency exchange FTX will likely be handled in an orderly manner that prevents sudden sell-off of assets, reducing impact on overall crypto market.
Data from cryptocurrency exchanges, as analyzed by asset research firm Kaiko, reveals that significant buying demand for XRP was primarily instigated by large traders in the United States following Ripple's partial legal win against the U.S. Securities and Exchange Commission (SEC) in July.
A venture capitalist, renowned for accurately predicting the 2022 crypto market bottom, suggests that an Ethereum (ETH) competitor is well-positioned to outshine the dominant smart contract platform.
The eagerly awaited fraud trial of Sam Bankman-Fried, the disgraced founder of FTX, may face a potential delay. This comes in response to complaints from his legal team, who argued that he lacked sufficient time to thoroughly examine the evidence.