15 Sep 2023
Traders beware – FTX altcoins to flood the market
An old acquaintance, the bankrupt FTX exchange, will impact the markets negatively again. A new report shows crypto is not just about the U.S., and DeFi continues to fight legal battles.Preview
This week's top stories
- Altcoin traders beware – Bankrupt crypto exchange FTX to add selling pressure to the market
- Emerging economies will play a major role in the future of crypto
- The legal debate surrounding DeFi in the U.S. is a precursor to what will come later elsewhere
Altcoin traders beware – Bankrupt crypto exchange FTX to add selling pressure to the market
Increased selling pressure is expected for altcoins over the next half year. On Wednesday, a U.S. court granted FTX legal permission to liquidate its crypto assets, valued at over $3 billion.Preview