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Cryptocurrencies/Coins/FTX Token (FTT)
FTX Token price, market cap on Coin360 heatmap

FTX Token(FTT)

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$30.828
(1.49%)
0.00128591 BTC
Market Cap (Rank#23)
$4,149,410,155
173,082 BTC
Vol 24h
$14,603,847
609.161 BTC
Circulating Supply
134,598,602.47
Max Supply
352,170,015
29 days agocointelegraph
Top 5 cryptocurrencies to watch this week: BTC, ETH, MATIC, FTT, ETC
Bitcoin’s attempt to form a bottom has lured altcoin traders to focus on ETH, MATIC, FTT and ETC.
37 days agocryptodaily
Three cryptos to invest in 2022: Ripple (XRP), FTX Token (FTT) and Degrain (DGRN)
Cryptocurrency has had a tricky time over the last few months. From highs towards the end of 2022 that have been quickly wiped out investors are now looking for the next big thing to invest in. Many people were frustrated they missed the Shiba Inu (SHIB) boom however we think there is another opportunity for the same sort of results on your investment. In this article we will see why it's highly probable that Degrain (DGRN) the newest presale star on the block is likely to overtake FTX (FTT) and Ripple (XRP) in 2023, two very prominent and well established cryptos. FTX Token (FTT) founder lost billions during the crypto crash The comprehensive global crypto derivative exchange, FTX has attracted much interest up to this point and its utility token is called the FTX Token (FTT). FTX clients can use the token to earn interest while saving money. Ftx token (FTT) is a good store of value and may be acquired by anyone, even if they are not FTX users. Sam Bankman-Fried, an American businessman with experience trading foreign ETFs at real estate training firm Jane Street Capital, founded FTX in May 2019 lost billions during the latest crypto crash. The FTX Token (FTT) also supports many blockchains, enabling it to operate on several well-known ones, including Binance, Bitfinex, Huobi Global, and AscendEX. The top-performing cryptocurrency this year appeared to be FTX Token (FTT). In light of recent successes this seems more of a stable and long term hold that won’t be producing too many gains for investors in the near future. Ripple (XRP) investors begin to buy up DGRN presale tokens The XRP Ledger (XRPL), introduced in 2021, is a decentralized, open-source technology. Micropayments, Defi and soon NFTs are just a few payment-related applications and use cases available on the Ripple (XRP) Ledger. Developers can find a variety of tutorials on the Ripple (XRP) website that will assist them in learning how to use various coding languages, create apps, manage accounts, and more. Developers use the Ripple (XRP) Ledger and its native coin, XRP, to make inefficient solutions like remittance and asset tokenization. The XRP Ledger has five main uses: payments, tokenization, Defi, CBDCs, and stablecoins. Given that it provided investors with a return on investment of more than 110 percent, XRP is a good investment for 2022 as by 2025, there is a good chance that XRP will surpass its current ATH, which was roughly $3.84 in January 2018. Degrain (DGRN) Ripple investors start buying presale tokens Degrain (DGRN) is creating a cross-chain NFT marketplace that will allow for users to buy, sell, trade and invest on a number of different blockchains. With this unique concept, Degrain (DGRN) is looking to revolutionize the NFT market. Users who purchase during the presale are given 100% off trading fees for life. Holders who stake their tokens can earn a passive income of 18% - 25% per year depending on the length of time they choose to stake their tokens. With a VIP members club for users who hold over $25,000 or more and access to real life NFT trade shows, investors of Ripple (XRP) have already started investing in the presale. Presale started on 7th July where during the first 90 seconds of launch sold over 11.2 million tokens. The price is currently $0.01, where it's likely to increase as the algorithm the project uses is the more tokens that are sold the price increases. Top crypto analysts have predicted that during the presale period alone which ends on September the 30th the price of DGRN is likely to increase over 3,500%. It's no wonder with such a promising project, investors from top cryptos like FTX and Ripple have started to invest. Find out more about the presale below Website: https://degrain.io Presale: https://presale.degrain.io Telegram: https://t.me/degrainio Twitter: https://twitter.com/degrainio Disclaimer: This is a sponsored pressrelease, andis for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice
50 days agocoindesk
FTX Token DAO Raises $7M From Community of Sam Bankman-Fried Fans
The dedicated FTX token (FTT) DAO has raised $7 million from its community members as plans to invest in crypto education and DeFi.
60 days agocryptodaily
Three Arrows Capital Liquidated For Millions, Fails To Meet Margin Calls
A new report has revealed that venture firm Three Arrows Capital (3AC) has reportedly failed to meet margin calls from lenders. The developments have once again brought up the risk of insolvency following the brutal collapse of crypto markets earlier in the week. The report stated that crypto lender BlockFi was one of several companies that liquidated some of 3AC’s positions. Is Insolvency On The Cards? Well-placed sources have revealed in a report that Three Arrows Capital could potentially be facing insolvency after going through several liquidations. The sources revealed that the hedge fund’s liquidations totaled around $400 million, with the hedge fund’s founder Su Zhu tweeting that they are in touch with relevant parties. “Well-Placed Sources’ Say Three Arrows Capital Was Liquidated for at Least $400 Million, Hedge Fund Allegedly Maintains ‘Limited Contact With Its Counter-Parties.” There are growing fears that the hedge fund founded by Zhu and Kyle Davies back in 2012 could be on the verge of insolvency, stated the report. The sources also revealed that 3AC maintained only limited contact with counter-parties after the wave of liquidations. A Falling Portfolio Data from Dune Analytics has revealed that Three Arrows Capital’s current portfolio is around $372.47 million and has seen a change of nearly $139.12 million in the last 24 hours. The hedge fund’s portfolio is relatively diverse, consisting of tokens including AAVE, BAT, CEL, FTT, GUSD, LIDO, and LINK. Currently, $166 million is locked in USD coin (USDC), with the second-largest allocation held in serum (SRM), with the allocation standing at around $46 million. 3AC was also heavily invested in the Terra ecosystem and faced a significant loss of capital thanks to the collapse of the LUNA and UST. 3AC has so far not commented directly on the reports emerging about its possible insolvency, with founder Su Zhu making only a vague statement about the developments. He stated, “We are in the process of communicating with relevant parties and fully committed to working this out.” Su Zhu has not tweeted since the 7th of June, with the founder’s silence making investors jittery since Zhu has also not responded to any questions from them. Crypto’s Problems Continue To Mount The liquidations faced by Three Arrows Capital and its potential insolvency come at a time when the crypto space is already facing several issues. Developments around Celsius, Justin Sun’s Tron facing issues with its USDD stablecoin, and Microstrategy’s losses have made markets extremely jittery. Add to this the fact that the global economy is also facing a recession, with inflation wreaking havoc. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
64 days agocointelegraph
Top 5 cryptocurrencies to watch this week: BTC, FTT, XTZ, KCS, HNT
Bitcoin managed to bounce off a critical support and if the higher levels sustain, FTT, XTZ, KCS and HNT could attract buyers.
74 days agocryptodaily
FTX Launches Japanese Arm
Global crypto derivatives exchange FTX has launched its Japanese arm, FTX Japan, to cater to the trading needs of Japanese investors. Crypto Derivates Exchange Reaches Japan The new crypto exchange will be operating under FTX Japan K.K., a pre-established service provider, complete with the Type 1 Financial Instruments Business license. It was formerly known as Quoine Corporation. However, when FTX acquired its parent company, Liquid Group Inc., earlier this year, the exchange was renamed FTX Japan K.K. The Japanese branch of the crypto exchange will allow FTX to access the Japanese crypto market. The exchange brings a variety of industry-leading products and services, like spot trading and perpetuals, which are bound to draw in Japanese investors. The cryptocurrencies offered in the exchange also consist of a wide range, like BTC, ETH, SOL, FTT, etc. Another factor in favor of the exchange will be the quick and easy deposit and withdrawal system, which now supports the Japanese currency, the Yen, for local customers. CEO Undeterred By Heavy Regulations FTX CEO Sam Bankman-Fried, who is acting as the Interim CEO of the Japanese branch, discussed the company’s goals in alignment with the launch of the new branch, saying, “Completing this acquisition earlier this year is a key step in achieving our goal of providing a global investor base with access to digital asset markets through a regulated entity. The acquisition not only gives us a technological advantage but also allows us to work directly with Japanese regulators in a transparent, constructive, and positive manner." He also noted the challenges of the highly regulated Japanese market. However, he claims that the potential crypto market size is almost $1 trillion, incentivizing the FTX team to approach the country’s digital asset ecosystem through FTX Japan. FTX’s Recent Initiatives Instead of focusing on a sole aspect of the industry, like trading, FTX has been putting its fingers in multiple jars in the Web3 space. For example, recently, it was announced that FTX.US was entering the traditional finance (TradFi) space by launching FTX Stocks, a stock-trading service facilitated by fiat-backed stablecoins to help attract traditional investors and financial institutions to the crypto space. In another instance, the FTX Foundation, which is a non-profit organization funded by FTX, announced the launch of the Futures Fund to distribute a minimum of $100 million towards projects developing artificial intelligence, reducing catastrophic biorisk, improving institutions, economic growth, great power relations, effective altruism and more. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
102 days agocryptodaily
Bitcoin.com Raises $33.6 Million In Private Sale For Its VERSE Ecosystem Token
Bitcoin.com has completed its private sale for the Bitcoin.com VERSE token. The fund is valued at $33,6 million and noted strong participation from key industry leaders, including KuCoin Ventures, Blockhain.com, BoostX ventures, MarketAcross and more. In addition, several thought leaders and influencers - including Roger Ver and Jihan Wu - took part in the private sale. The Verse project is an extension of the growing Bitcoin.com ecosystem of cryptocurrency-focused services and projects. Verse will introduce utility and reward functionality through the VERSE token for users taking their steps in the crypto journey. Bitcoin.com CEO Dennis Jarvis explains: “Since 2015, Bitcoin.com has been a leader in introducing newcomers to crypto and guiding them along their crypto journey. So far we’ve built an incredible portfolio of products and services that count more than 4 million monthly active users and 30 million self-custody wallets created. Today, we’re proud to announce VERSE, a utility and rewards token for everyone who participates in the ready-built Bitcoin.com Verse ecosystem. VERSE is user-centric and adds tremendous value across our range of crypto products and services including the Bitcoin.com self-custody wallet app, the Bitcoin.com Exchange, the Verse DEX, Bitcoin.com News, and our upcoming crypto-enabled debit card. We’re also extremely excited to announce the Verse public token sale, which is scheduled to begin in June.” The VERSE currency will reside on the Ethereum blockchain as an ERC-20 token, to be minted this summer. It is akin to CRO, BNB, and FTT, three key reward and utility tokens native to the Crypto.com, Binance, and FTX projects, respectively. Furthermore, several core VERSE functions share similarities to tokens or CeFi platforms such as Nexo and Celsius. as well as native tokens of decentralized trading protocols like TraderJoe or Uniswap. KuCoin Ventures Chief Investment Officer Justin Chou adds: The next wave of growth in crypto will be led by strong global brands that create real-world products for millions of people. Bitcoin.com will accelerate the development of products and partnerships that expand their reach globally.” Digital Strategies Managing Partner Eric Weiss states: “In our view, the utility of the Verse token in conjunction with the Bitcoin.com brand and broad suite of tools will create a powerful moat for its ecosystem. We’re thrilled to be part of this journey with Bitcoin.com and Verse.” The Verse private sale has concluded, yet the public sale will kick off soon. The current goal is to let it begin in June 2022, allowing users to split six percent of the Verse total supply, or 12,6 billion VERSE tokens. The token sale will be the first project to launch on the Bitcoin.com Verse launchpad. That launchpad is designed to reach an audience consisting of both crypto enthusiasts and mainstream users. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
116 days agocryptodaily
Avalanche (AVAX) and FTX Token (FTT) retreat while investors Turn To Logarithmic Finance (LOG)
Whilst Avalanche (AVAX) and FTX (FTT) tokens saw a downtrend in prices, Logarithmic Finance (LOG) was being bought heavily by both small and big investors. Avalanche registered a decline of 2.1% in the past 24 hours. FTT coin managed to recover but is still looking weak in the coming days. At the same time, Logarithmic Finance could make history and become a successful ICO if the current trend continues. Avalanche (AVAX) Avalanche has become a popular blockchain network and has provided strong competition to the likes of Polkadot and Ethereum. The network has hosted many decentralised applications (dApps) and has also implemented cross-chain bridges and many security measures. The network has responded to the scalability issues, and the AVAX token has seen a lot of price increases as the network is adapted. The AVAX token is currently at the price level of $76.18, and this could be an excellent entry point for investors looking at long-term gains. As the broader market recovers, the AVAX token should also see some growth. The overall outlook for AVAX remains positive, and the Avalanche network will be coming up with significant updates in the near future. FTX Token (FTT) The FTT token is the native coin of the popular FTX exchange. Exchange tokens tend to perform pretty well as they have a built-in inherent use case. The FTX coin is no exception, and as the exchange ramps up its capacity, the token will also spike in price. The FTT coin is currently halfway down from its all-time high price of $84.18, which was achieved 7 months ago, and the current price of $43.44 can be a zone of accumulation for investors looking at long-term gains. Logarithmic Finance (LOG) Logarithmic Finance is currently in the presale phase, and the coin has seen a lot of purchases from all categories of cryptocurrency investors. The LOG token will serve as the native coin of the Logarithmic Finance ecosystem. Logarithmic Finance seeks to solve issues surrounding the current launchpad ecosystem. It aims to leverage the power of decentralised finance (DeFi) to provide more liquidity options to owners looking to raise funds. It will provide two pool options with a fixed vesting period and another with no such locking period. This would solve the issue of liquidity for owners during the launchpad phase. The LOG token will be launched initially on Ethereum but will also provide support for other networks ensuring cross-chain interoperability. The LOG universe aims to incorporate support for Polygon, Binance Smart Chain, Avalanche, Tezos, and Solana. The project will also support NFT auctions, and users will be able to swap and pay via different tokens, including stablecoins. The entire ecosystem of Logarithmic Finance will be democratic and governed through a decentralised autonomous organisation (DAO). Earlier blockchain networks have been criticised for a centralised approach where a big whale could buy huge volumes and exercise disproportionate control over the organisation. DAO solves this issue as every token holder gets to decide and have equal rights, shaping the network's future. This provides further legitimacy to the Logarithmic Finance network, and token holders also get an incentive to participate in and govern the project. All three coins described above could form a great portfolio as the AVAX and FTT tokens have receded and entered into a zone where they can be added for handsome gains. The LOG token is currently being sold via its presale and can be purchased easily at an attractive price. The price should shoot up once the token starts getting listed on exchanges. Entering into such rock-solid ecosystems can provide huge potential gains in the future as the road map expands and the project gains momentum. The LOG team is active on social media, and you can also visit the site to find out more details about this exciting new token launch. For More Information: https://presale.logarithmic.finance/register https://logarithmic.finance/ https://t.me/LOGARITHMIC_FINANCE_OFFICIAL https://twitter.com/LOGARITHMIC_FI Keywords: Avalanche, AVAX, FTX, FTT, Parody Coin, PARO, presale, cryptocurrency Disclaimer: This is a sponsored press release, and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice
127 days agocointelegraph
Top 5 cryptocurrencies to watch this week: BTC, NEAR, FTT, ETC, XMR
Bitcoin, NEAR, FTT, ETC and XMR are attempting to rebound off their strong support levels, indicating buying on dips.
141 day agocointelegraph
Top 5 cryptocurrencies to watch this week: BTC, ADA, AXS, LINK, FTT
ADA, AXS, LINK and FTT may start a strong recovery in the next few days if BTC holds the $45,000 level as support.
143 days agocryptosrus
Ethereum Whales Are Soaking Up The Supply Of These Three Altcoins
As the crypto markets flip bullish again, Ethereum whale holdings show us which three altcoins they scooped up while prices were down. Covered: FTX Token (FTT) Shiba Inu (SHIB) Polygon (MATIC) You might be at a loss for which tokens to invest in given the absurd amount of crypto tokens on the market. And while […] The post Ethereum Whales Are Soaking Up The Supply Of These Three Altcoins appeared first on CryptosRus.
157 days agocryptodaily
Could FTX Token (FTT), FIREPIN Token (FRPN), and Decentraland (MANA) make you a millionaire?
Budding investors looking for the next best crypto, with the potential to make its investors millionaires should consider FIREPIN Token (FRPN). It is a community-based token thathas a decentralized protocol based on the $FRPN token and it is backed by the METAVERSE DAO. The current Ukrainian-Russian war has caused a major dip inthe crypto world, and it has been very encouraging that cryptocurrency giants like Decentraland (MANA) and FTX Token (FTT) have had a couple recent days with big rises on the market. Also, newcomer FIREPIN Token (FRPN) is showing great millionaire maker potential for its investorswith its impressive stage 1 pre-sale gains. Amazingly, FIREPIN Token (FRPN) only started in February 2022 and the project’s presale began over a week ago, itsinvestors have seen near an impressive 150% return. There are couple weeks left in the presale and there are predictions that the coin could rise by at least another 1000% which is very impressive. Benefits of FIREPIN Token (FRPN): • A lot of early interest from investors. • They strive to become the leading Metaverse NFT Game Development Company for those who want to buy, sell, and trade virtual goods in 3D space on Metaverse's NFT Gaming Platform. • It is a community token that focuses on the group as a whole rather than individuals. • It is a decentralized platform controlled by its community. FIREPIN Token (FRPN) seems to be following in Decentraland’s (MANA) footsteps as they want to let users generate an income from its up-and-coming NFT game. It hasa very ambitious road map according to the whitepaper. Decentraland (MANA) is a leader in the one trillion dollarannual Metaverse gaming world (Grayscale). This crypto giant is a creative outlet which allows users to monetize their land through advertising, leasing, and paid experiences. Other users can earn an income by selling and creating items on the Decentraland (MANA) marketplace for MANA tokens. Currently, the live Decentraland price today is $2.37 USD, as of writing, with a 24-hour trading volume of $397,467,904USD. Decentraland (MANA) went down by 6.05% in the last 24 hours, and it has a current ranking of #30 on CoinMarketCap. That said, just yesterday Decentraland(MANA) was up by 3.54% with a ranking of #31. So, it shows that the cryptocurrency is still having big rises, and this volatile situation could be attributed to the ongoing war.Arguably in the face of this crisis, there has still been a lot of upwards movement which is encouraging for the potential millionaires who are happy to hold on to their investments. Another big leader in the crypto world is FTX Token (FTT), it was launched on May 8, 2019, and it has been doing well despite the Ukrainian- Russian war. The FTX platform has unique features like a centralized collateral pool and clawback prevention, which are good features for a more long-term investment. At present, the live FTX Token price today is $40.59 USD with a 24-hour trading volume of $94,477,955 USD. FTX Token (FTT) has been down by 6.16 % in the last 24 hours and has a ranking of #26 on CoinMarketCap. However, FTX Token (FTT) was up yesterday by 5.61% so it shows this helps show volatility in the market, but it could be a great investment to buy when the price is down. So, wannabe millionaires could benefit from investing in giantcryptocurrencies like FTX Token (FTT) and Decentraland (MANA), especially as they have had substantial rises on the market despite the ongoing volatility. That said, newcomerFIREPIN Token (FRPN) with its impressive pre-sale gains for its investors, could be a great start to having that millionaire status in the future. Join Presale: https://presale.firepin.io/login Website: https://firepin.io/ Twitter: https://twitter.com/FIREPIN_io Telegram: https://t.me/FIREPINOFFICIAL Disclaimer: This is a sponsored press release, and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice
179 days agocryptopotato
21Shares Lists Decentraland, AAVE, FTX ETPs on Euronext Paris and Amsterdam
The investment firm’s latest products listed in Euronext Paris and Amsterdam offer exposure to Decentraland, AAVE, and FTX Token.
182 days agocryptonomist
Bitcoin, Ethereum, FTX [FTT] Price Analyses
The Fear and Greed Index is 46 Neutral The post Bitcoin, Ethereum, FTX [FTT] Price Analyses appeared first on The Cryptonomist.
183 days agocointelegraph
Top 5 cryptocurrencies to watch this week: BTC, XRP, CRO, FTT, THETA
BTC’s price action is looking grim, but traders hope that a bounce off the $42,000 support will complete a bullish technical analysis pattern and trigger a rally in Bitcoin and altcoins.
184 days agocryptosrus
FTX US to Offer Stock Trading, Further Branching into New Markets
In the race with its competitors, FTX appears ready to leave them all in the dust. Covered: FTX US Making Move into Stocks Crypto Derivatives Coming To US Why FTX is Leaving Others in the Dust FTX US Making Move into Stocks FTX ($FTT) is a name you may begin to hear more often going […] The post FTX US to Offer Stock Trading, Further Branching into New Markets appeared first on CryptosRus.
185 days agocryptosrus
Three Mid-cap Altcoin Sleeper Picks That Might Be Waking Up Soon
As the markets take another breather, these are three mid-cap altcoin gems that are worth keeping on your radar for when things turn back around again. Covered: Tezos (XTZ) Kadena (KDA) FTX Token (FTT) RECOMMENDED: BEST CRYPTO EXCHANGES FOR 2022 Tezos (XTZ) First up on this list of mid-cap gems is the smart contract platform […] The post Three Mid-cap Altcoin Sleeper Picks That Might Be Waking Up Soon appeared first on CryptosRus.
186 days agocryptopotato
21Shares Lists Decentraland and FTX Token ETPs on BX Swiss
21Shares continues with its cryptocurrency-focused ETPs by listing such products for MANA and FTT on the BX exchange.
199 days agocryptodaily
Stream Coin ICO Countdown Begins; Here Is All You Need to Know
The year 2021 was a watershed moment for cryptocurrencies, and the year 2022 is already shaping up to be just as exciting. The initial coin offering (ICO) of Stream Coin (STRM), developers of a future blockchain-based livestreaming network dubbed MeiTalk, which seeks to reward both streamers and viewers across numerous platforms, has turned heads in the industry. The excitement is building up in the multiple language Stream Coin Telegram community channels and its other social media platforms. While many are anticipating the launch of this novel innovation, it is pertinent to understand what Stream Coin and its team are about to unveil to the world soon. First and foremost, the ICO will take place on February 1, with a total of 1 billion STRM tokens being sold. While there is no minimum purchase requirement, there is a maximum purchase limit of 11,110 STRM per person. The ICO is priced at $0.9 per coin and is open to everyone who lives in a nation that allows cryptocurrency purchases. STRM can be purchased with BTC, ETH, USDT, BNB, BUSD, ABBC, CRO, OKB, FTT, KCS, GT, MEX, and ZB, among other cryptocurrencies. STRM will be listed on over 100 different cryptocurrency exchanges once the ICO is completed. Stream Coin also promises to manage a strict supply of the token by burning any remaining coins at the end of the ICO, which will benefit STRM owners and platform users. Stream will also burn a similar number of coins from its company's allocation. To benefit investors, Stream Coin's first ICO will include a referral/affiliate scheme. Investors who purchase at least $50 worth of STRM are eligible for referral bonuses. They can invite people to join the ICO using a referral link. Referrers can earn up to 100% referral bonus for each successful referral, which will be credited to their wallet account at the end of the public sale. This link will take you to the official STRM ICO sale. Later this year, the team will launch MeiTalk, which is an all-in-one infrastructure that enables streamers to simultaneously live stream across all major streaming platforms from a single platform. STRM coins will serve as the platform's official digital currency and will be used to reward or donate to live streams. Viewers can also get STRM by watching adverts throughout the video. They'll also be able to buy NFT clips of live streamers' best streaming moments on the Stream NFT Marketplace with STRM. Join the official Stream Coin communities: ● Telegram: https://t.me/StreamCoin_Official_Community ● Kakao: https://open.kakao.com/o/gxC3ssQd ● Official STREAM (STRM) BEP-20 Contract Address ● Stream Coin (STRM) CoinMarketCap Media Contact: Company: StreamLive Email Id: [email protected] Disclaimer: This is a sponsored press release, and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice
203 days agocryptodaily
YouHodler: Innovative FinTech Platform Integrates New Coins to Boost Access to the Crypto Economy
The advent of blockchain has revolutionized the finance sector, introducing several key solutions that narrows the gap between the real world and DeFi. Before now, loans and earning interests on capital were only limited to traditional financial platforms. Thankfully, these solutions have become possible in the DeFi world, thanks to fintech platforms, such as YouHodler. YouHodler is a platform that grants people access to the crypto economy by allowing users to get cash and crypto loans, trade crypto/fiat, and earn interests on crypto deposits. Recently, the DeFi platform announced the addition of ten new coins to its existing cryptos in a bid to diversify its financial services and meet customer’s demands. The new coins include; Avalanche (AVAX), BitTorrent (BTT), PancakeSwap (CAKE), NEAR Protocol (NEAR), 1inch Network (1INCH), Cosmos (ATOM), Elrond (EGLD), and Filecoin (FIL). While users will be able to trade new coins, they can also earn up to 5.5% interest on Zilliqa (ZIL) and FTX token (FTT). Currently, YouHodler pays interest on BTC, BNB, ETH, HUSD, HT, PAXG, and other listed coins. All tokens are trusted by the users and currently occupy the top 100 positions according to CoinMarketCap. YouHodler Aims to Ease the Lending and Staking Process DeFi has made it possible to earn on investments through staking and farming, but the overall process has been challenging, especially to new crypto users. In addition, the investor will have to lock two times the initial funds for investment, as they will need both the token and the stablecoin. In addition, the user-friendliness is lacking. New crypto users will find it hard navigating through a platform with complicated U.I. and complex dashboard. What these users need is a DeFi platform with a simplified dashboard that provides all the necessary information and has the tools for the execution of most tasks. The challenges are still immense, and that's what YouHodler aims to ease. The C.E.O IIya Volkov, revealed that a CeDeFi platform, such as YouHodler allows users to benefit from the crypto economy. YouHodler brought up solutions to connect the DeFi world with the real world, enabling users to earn on their crypto investments. They can earn up to 12% APR plus compounding interest on their deposits. By opening a crypto savings wallet, the user can earn a certain amount on the deposit as stipulated from the first week until the last. The earnings are deposited directly into the user’s account without any inconvenience. Plus, YouHodler provides estimated earnings for the different periods. So, the user can calculate their potential income. Not only can users earn on crypto investments, but they can also buy/sell virtual currencies at any time with credit cards. Additionally, they can exchange virtual crypto, fiat, and stablecoins and get instant cash. Users will also be able to obtain crypto loans, with their assets as collateral. YouHodler accepts the top 30 cryptocurrencies as collateral and the minimum obtainable loan is $100. All funds deposited on the YouHodler’s platform are protected by Ledger Vault and Fireblocks, a leading security Swiss-based company. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
211 days agocointelegraph
Top 5 cryptocurrencies to watch this week: BTC, NEAR, ATOM, FTM, FTT
If Bitcoin breaks above $45,500, select altcoins like NEAR, ATOM, FTM and FTT could turn bullish in the short-term.
216 days agocryptosrus
FTX’s FTT Token: Is It Coming For Binance Coin?
Is FTX going to overtake its rivals like Coinbase and Binance?  Covered: FTX (FTT)’s Background Info FTX’s Charts (M,W,D) Technical Levels and What to Anticipate FTX is Well Known for Its Wide Variety of Crypto Derivatives Headquartered in Hong Kong (HK), FTX is currently the #3 crypto exchange after Binance and Coinbase. FTX’s security is […] The post FTX’s FTT Token: Is It Coming For Binance Coin? appeared first on CryptosRus.
255 days agocryptodaily
Silo: Secure and Permissionless Liquidity Protocol For All Token Assets
The DeFi world is incomplete without liquidity pools. This is because liquidity pools are one of the few things that properly define decentralization - a common concept associated with the crypto world. Liquidity protocols provide liquidity for decentralized exchanges and are responsible for facilitating decentralized trading and lending. Without these pools, DEXs won't be able to execute trades. The DeFi ecosystem is continuously expanding, with the introduction of new types of products. Currently, there are almost 15 billion dollars locked in DeFi protocols. This further attests to its expansion. While the space has the potential to grow, there are still some underlying issues that can still hamper its expansion and dominance in an ecosystem dominated by centralized exchanges. Some Challenges DeFi Protocols Face In 2021, the DeFi community witnessed several lending protocols lose their assets to hacks and price manipulation of their assets. For instance, Venus - a lending protocol running on Binance Smart Chain, witnessed insolvency due to a price manipulation of its XVS collateral asset. The protocol ended up with an accrued debt of $100M. CREAM finance also accrued debt due to a flashloan attack that catered away with $19M. The platform was also a victim of another attack two months later, leading to the loss of $130M. It was observed that shared-pool lending protocols were vulnerable to risks, especially when they whitelist a token as a collateral. A protocol is as secure as their asset. Cream Finance and others employed this model. Although Cream discovered that its whitelisted token $FTT could result in the loss of assets, it was too late to delist it, as malicious players had capitalized on the error. Though efficient, shared-pool lending protocols aren't scalable and secure. Silo Blends the Capabilities of Shared Lending Protocols and Isolated Protocols In terms of scalability and security, isolated lending protocols are better. Several protocols use this mechanism, such as Kashi market and Rari. However, Kashi market can't perform efficiently because it creates many markets for a single token asset. Rari, on the other hand, needs to create several pools to match assets because a user doesn't trust a particular token asset. Silo is a combination of both worlds. It creates a secure and efficient money market for all token assets through a permissionless lending protocol. By a permissionless market, Silo accepts all token assets as collateral. Silo protocol mitigates risks by implementing risk-isolating money markets. It creates one Silo pool for a token asset, with Ether serving as the bridge asset. The Standouts of Silo Secure Silo protocol is secure, thanks to its design. As earlier mentioned, it implements isolated money markets where one Silo is paired to a single asset. By isolating the risk of assets to a single silo, new and higher-risk assets can be used in lending markets without causing harm to assets held in other silos. Efficient Since Silo is paired to a single token asset, liquidity is concentrated in single pools and allows any token to be used as collateral to borrow other tokens. This makes the system efficient. Inclusive Silo is a permissionless protocol, which implies that anyone can create a market for any token. Silo Launches Its Genesis Token Auction Unlike other liquidity protocols, Silo will use its decentralized autonomous organization to manage liquidity. To do that, it will have to auction its Genesis token on Gnosis to decentralize the protocol and raise liquidity for the DAO. The protocol announced that it would launch its token auction from December 6 - December 9, 2021. The protocol-owned liquidity raised will be directed towards the DAO. The community can direct the funds towards achievable courses and the sustainable growth of the platform. The team will fully launch Silo’s secure markets in Q1 of 2022. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
299 days agocryptonomist
Bitcoin hits a new all-time high: BTC, Ethereum, FTT [FTX] price analysis
BTC  price went to record levels one day after bitcoin Futures ETFs went live. The post Bitcoin hits a new all-time high: BTC, Ethereum, FTT [FTX] price analysis appeared first on The Cryptonomist.

About FTX Token

The live price of FTX Token (FTT) today is 30.828 USD, and with the current circulating supply of FTX Token at 134,598,602.47 FTT, its market capitalization stands at 4,149,410,155 USD. In the last 24 hours FTT price has moved 0.0761 USD or 0.00% while 16,930,432 USD worth of FTT has been traded on various exchanges. The current valuation of FTT puts it at #23 in cryptocurrency rankings based on market capitalization.

Learn more about the FTX Token blockchain network and how it works or follow the price of its native cryptocurrency FTT and the broader market with our unique COIN360 cryptocurrency heatmap.

FTX Token Price30.828 USD
Market Rank#23
Market Cap4,149,410,155 USD
24h Volume14,603,847 USD
Circulating Supply134,598,602.47 FTT
Max Supply352,170,015 FTT
Yesterday's Market Cap4,155,120,000 USD
Yesterday's Open / Close30.7944 USD / 30.8705 USD
Yesterday's High / Low31.8384 USD / 30.276 USD
Yesterday's Change
0.00% ( 0.0761 USD )
Yesterday's Volume16,930,432 USD
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