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Following the collapse of FTX and the exchange filing bankruptcy on Nov. 11, the trading platform’s exchange token called ftx (FTT) has shed 91.6% in value during the last seven days. While the FTT token’s utility is based entirely on the backing of the now-bankrupt FTX and Alameda Research, the
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Bitcoin (BTC) was recently trading at about $16,675, down nearly 7%. The largest cryptocurrency by market capitalization was still hovering near $17,000 when CryptoX reported that FTX, the once-widely revered exchange, had filed for bankruptcy after a fruitless search for a rescuer. The ongoing fallout for an already shellshocked crypto
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Polygon’s MATIC has struggled to keep its weekly gains despite the entire crypto market trading in the red zone. The crypto market
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Following the FTT token, Solana (SOL) in particular is currently suffering a massive price slump. As a report revealed last week, the
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The native token of the Solana protocol recently fell over 6%; bitcoin and ether dropped more modestly as investors await the midterm elections and latest inflation data. Market Wrap is CoinDesk’s daily newsletter diving into what happened in today's crypto markets. Original Source
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While the metaverse has not yet helped Facebook parent Meta, which missed Q3 revenue estimates for its Facebook Reality Labs (FRL) division, Deepak Chopra sees great potential for wellbeing in the virtual world. The popular meditation and self-care author joined "First Mover," along with Seva.Love Co-Founder and CEO Poonacha Machaiah,
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SEC-battled XRP trades in the red zone despite other top coins enjoying significant gains as the crypto market finally gets some breathing
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KCS’ price shows strength as the price remains green despite the market’s uncertainty. KCS bounces from the downtrend as the price breaks out
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BTC.D rises in price as altcoins suffer a bloody day in crypto. BTC.D attempts to break out above 8, and 20-day Exponential Moving
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The broader crypto market remains in a bad state regardless of the few positive movements of some tokens. Even popular tokens like
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