Search results for ftx

  • Crypto derivatives platform Paradigm teams with FTX to offer ‘one-click’ futures spread trading

    The fee on spreads that are executed on Paradigm and then cleared on FTX will be 50% less than executing two separate outright trades. The post Crypto derivatives platform Paradigm teams with FTX to offer ‘one-click’ futures spread trading appeared first on The Block.

  • Cryptocurrency FTX Up More Than 4% In 24 hours

    FTX's (CRYPTO: FTT) price has increased 4.17% over the past 24 hours to $32.36. Over the past week, FTT has experienced an uptick of over 11.0%, moving from $29.45 to its current price. As it stands right now, the coin's all-time high is $84.18. The chart below compares the price movement and volatility for FTX over the past 24 hours (left) to its price movement over the past week (right). The gray bands are Bollinger Bands, measuring the volatility for both the daily and weekly price movements. The wider the bands are, or the larger the gray area is at any given moment, the larger the volatility. FTX's trading volume has climbed 76.0% over the past week along with the circulating supply of the coin, which has increased 0.22%. This brings the circulating supply to 134.60 million, which makes up an estimated 40.73% of its max supply of 330.47 million. According to our data, the current market cap ranking for FTT is #24 at $4.36 billion. Powered by CoinGecko API This article was generated by Benzinga's automated content engine and reviewed by an editor. © 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

  • Reddit Integrates Community Points with FTX Pay’s Payment and Exchange Infrastructure

    Reddit has partnered with the FTX exchange to integrate payments through the FTX Pay app. Continue reading Reddit Integrates Community Points with FTX Pay’s Payment and Exchange Infrastructure at DailyCoin.com.

  • Reddit Taps Layer 2 and FTX For Community Token

    Deal to Launch Arbitrum-based ERC20 Tokens for Loyalty Program

  • FTX Partners With Reddit To Integrate Crypto Swaps: What You Need To Know

    Offchain Labs announced Tuesday the launch of the Arbitrum Nova chain, a brand-new layer-2 roll-up, to all users and developers. The AnyTrust technology from Arbitrum, which is designed for extremely low-cost transactions with robust security assurances, formed the foundation of the new chain called Arbitrum Nova. Nova uses a data availability committee as part of an innovative technical strategy. “Community Points” transactions are processed on Ethereum, like all layer-2 rollups, and Reddit partnered with Sam Bankman-Fried's crypto platform FTX using FTX Pay to enable users to pay gas fees on Reddit's Community Points tokens using fiat currency. "We are thrilled to launch our global partnership with Reddit today,” FTX said in its announcement. "As one of the largest social networks with over 400 million active users each month, Reddit has been a pioneer in web3, announcing Community Points back in 2020 as a novel way to empower its online communities." The Nova committee certifies and validates batches of transactions and only posts the certifications to Ethereum, saving customers a large amount of money compared to uploading all data to the Ethereum network. Community Points are ERC-20 Reddit tokens built on the blockchain that let users exchange rewards and engage with the social network. The more points a user earns, the more influence they will have within that space. A user who has earned tokens can view them in the Reddit Vault wallet on a mobile device or a computer and collect airdrops by paying an Ethereum network fee, or "gas fees," once they have been earned. Tokens are burned and taken out of circulation after being used. Read FTX’s full announcement, here. © 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

  • Reddit Rolls Out Community Points on Arbitrum’s New Ethereum Scaler With FTX Support

    Arbitrum’s new gaming and social dapp-centric Nova chain is live, and Reddit could bring millions of users to it via rewards. FTX is also on board.

  • FTX says Ethereum merge shouldn’t affect ether derivatives trading

    FTX has notified users that derivatives markets tied to ether (ETH) will remain unaffected prior to the merge. The post FTX says Ethereum merge shouldn’t affect ether derivatives trading appeared first on The Block.

  • Crypto Flipsider News – Crypto Market Update, MicroStrategy Gains, Slope Behind Solana Hack, Robinhood FTX Talks, Tinder Quits Crypto

    Click here to read our crypto digest. Continue reading Crypto Flipsider News – Crypto Market Update, MicroStrategy Gains, Slope Behind Solana Hack, Robinhood FTX Talks, Tinder Quits Crypto at DailyCoin.com.

  • FTX CEO Sam Bankman Fried Praises Solana Amid Recent Exploit

    Solana has been able to solve two-thirds of its technical challenges as per the CEO. He expressed his confidence that

  • Crypto booster Michelle Bond is running for Congress — with help from her FTX exec boyfriend

    Ryan Salame is a familiar face on the campaign trail with Michelle Bond. He’s also funding a super PAC that has supported her campaign.  The post Crypto booster Michelle Bond is running for Congress — with help from her FTX exec boyfriend appeared first on The Block.

  • Are We Close To The End Of The Crypto Winter? FTX CEO Sam Bankman-Fried Thinks It Could Be

    The value of cryptocurrencies has fallen by $2 trillion since the height of a massive bull run in 2021, resulting in what the crypto industry calls a "crypto winter," or a period of a prolonged bear market. The largest digital currency in the world, Bitcoin (CRYPTO: BTC), is down 65% from its record high of around $69,000 reached in November. The bottom for cryptocurrency was June 18. Since then, the sector has regained a $1 trillion market cap, leading some people, including FTX CEO Sam Bankman-Fried, to believe that the winter may be over. Read also: Twitter Users Could Soon See Elon Musk's Monthly Tweet Count: Here's How What Happened: Bankman-Fried appeared on Fox Business on Tuesday to discuss various topics including the rejected Voyager Digital Ltd (OTCMKTS: VYGVQ) buyout, the newly introduced stock trading portion of the FTX website and the crypto winter — of which he was asked if it may be nearing its end. “It could be,” the billionaire said. “Ultimately, so much of this is going to be based on what happens in macro that it’s going to be hard to say for sure. “If we were on a macro level at the end of the selloff, and we saw a continued recovery in stocks,” he added. “I think we would be at the end of the crypto winter, and I think we would see a recovery on the crypto side,” Bankman-Fried noted. It is worth noting that the equity market bottomed on June 16, and the S&P 500 rallied nearly 12% since. “The only caveat to this,” Bankman-Fried warned, “is if we see stocks plunge again, I think we’re going to see more pain in crypto as well.” Photo: Volodymyr_Shtun via Shutterstock © 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.