Home
News
According to available information, Tucker Carlson has launched his streaming service called “Tucker Carlson Network.”
The bankruptcy of FTX has worsened its co-founders, who are facing dozens of cases. The cryptocurrency exchange filed for bankruptcy in November 2022.
Many market observers claim that following the collapse of the exchange of Sam Bankman Fried, billions of dollars went out of the market.
A Google document that was prefaced with “random probably bad ideas” and labeled confidential, SBF listed ways in which he might be able to rebuild his lost image.
The list further notes attacks on bankruptcy lawyers, which Sam has already done, and attacks on the leading cryptocurrency exchange, Binance, its investor and rival. He also aims to get an ABC News interview with Michael Lewis ( a renowned financial journalist).
After analyzing Sam’s investments in sports and other trendy stuff, he reveals his interest in Western culture. A wish to go on the Fox News set and host Tucker Carlson show to “come out as a republican.”
Bankman also aims to go to the Carlson show with an agenda “Come out against the woke agenda.”
FTX DownFall Explained
Until late 2022, FTX was one of these trading platforms. Sam Bankman-Fried started FTX in 2019. Customers started opening accounts on FTX to trade and buy cryptocurrency, and top venture capital investors began pouring in. By January 2022, the company was worth $32 billion.
However, that came to an end in November 2022. What first appeared to be an accounting oversight turned out to be significant fraud, and customers and investors lost billions of dollars.
However, the rise of FTX ended in November 2022 when a popular crypto media outlet published an article stating that Alameda Research, also founded by Bankman-Fried, was heavily dependent on FTX’s digital token, FTT, with assets valued at $5 billion.
FTT Movement Post FTX Collapse
FTT, the native token of FTX, has experienced immense growth between January 2021 and August 2022. In October 2022, a weakness in price was seen, and the decline continued till its price came below $1.00.
The highest trading price of FTT tokens was $85.02; it recorded its all-time high in September 2021. When writing, it was trading at $2.34, with a growth of 2.63% in the past 24 hours.
Market Price Update
In the past 24 hours, market capitalization has surged by over 2.50%, which was $2.62 trillion as of this writing. The market leader, Bitcoin, grew 2.18% intraday and is trading at $68,426.
Tether (USDT) remains the most traded cryptocurrency, with an intraday trading volume of $102 681 945,391. Ethereum, the market’s second most talked about and prominent token/coin, is trading at $3,696 with a growth of 1.76%.
Book of Meme (BOME), a meme coin, skyrocketed more than 480% in the past 24 hours, which makes it the gainer’s list topper. Jupiter’s (JUP) price flourished 61.30% and has acquired 2nd rank.
Disclaimer
The views and opinions stated by the author or any other person named in this article are for informational purposes only and do not constitute financial, investment, or other advice.
With a background in journalism, Ritika Sharma has worked with many reputed media firms focusing on general news such as politics and crime. She joined The Coin Republic as a reporter for crypto, and found a great passion for cryptocurrency, Web3, NFTs and other digital assets. She spends a lot of time researching and delving deeper into these concepts around the clock, and is a strong advocate for women in STEM.
