Cryptocurrencies Price Prediction: FTT, XRP & Cryptos– American Wrap 10 November
FTT price skyrockets 150% in 48 hours but still makes no dent in recovering FTX bankruptcy losses
FTT price is witnessing the best two days of the year at the moment, as the bankrupt exchange’s native token is skyrocketing. Even then, the noted rise is nothing more than a blip in the losses experienced by FTX over the past year.
XRP price had impressed the investors with its rally in the past couple of days, which is now threatened. However, unbothered by the market conditions, the CEO of Ripple, Brad Garlinghouse, has been on a spree of criticism targeted at the Chair of the Securities and Exchange Commission (SEC), Gary Gensler, as well as the government of the United States.
Justin Sun-owned cryptocurrency exchange Poloniex has been hacked for about $125 million. Sun took to X, formerly Twitter, to confirm the same even offering a white hat bounty and seven days of time before taking the matter to authorities. While no major price impact has been noted, the stolen assets included some major tokens such as ETH, BTC, XRP and many more.
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FXStreet Team
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