FTXBinance

Bitcoin (BTC) and Ethereum (ETH) scrambled on the news that Binance backed out on its bailout for its rival FTX, stoking staggering chaos in the cryptocurrency market. The abrupt Binance reversal caused massive losses to Bitcoin and Ethereum investors, pushing them to seek refuge in The Hideaways (HDWY), the best alternative amid strong selling pressures. Bitcoin (BTC) Slumps To Two-Year Low Bitcoin (BTC), a barometer of confidence in the sector, recently plunged to a two-year low after Binance scrapped its…

Ripple (XRP) and Cardano (ADA) have received big blows from the FTX/Binance drama. The broader crypto market tanked after Binance backed out from its supposed FTX acquisition as the latter runs out of cash to support withdrawals. Investors looking for the best investment to make while uncertainty takes hold are advised to look into The Hideaways (HDWY) – a crypto project providing stability and also an upcoming price increase along with a huge 30% bonus on your investment! Ripple (XRP) Takes a Hit from…

Instead of revolutionizing finance, crypto is largely repeating its mistakes. Let the buyer beware. Cryptocurrencies were supposed to usher in a new and better era of finance. Instead of relying on fragile, stodgy and often discriminatory banks for deposits, loans and the like, people could transact directly through platforms brilliantly designed to obviate the need for trust. If further evidence was required, the travails of cryptocurrency exchange FTX.com this week have demonstrated just how far from that ideal…

Cryptocurrencies extended declines as Binance’s potential takeover of FTX highlighted how strains in the industry are now buffeting some of its top players. Cryptocurrencies extended declines as Binance's potential takeover of embattled rival exchange FTX highlighted how strains in the digital-asset industry are now buffeting some of its top players. Bitcoin, the largest token by market value, fell as much as 5.4% on Wednesday after a near-10% decline a day earlier and was trading at about $17,700 as of 9:50 a.m. in…