$ETH faced spike in selling pressure at the worst time possible
Previously, various on-chain sleuths speculated over the connections of Jump Crypto to fallen FTX exchanges and the amount of funds held by the investor on the crypto trading platform.
Considering the illiquid state of the market and Jump's potential issues with credibility, a significant loss caused by the implosion of the exchange would have been the final blow to the exchange's ability to cover existing liabilities to creditors. has had to withstand massive selling pressure coming from numerous entities, including FTX and Jump Crypto.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Bitcoin, Ethereum Technical Analysis: ETH Surges Above $1,200 to Start the Weekend – Market Updates Bitcoin NewsEthereum was back above $1,200 on Saturday, as bullish sentiment returned to cryptocurrency markets to start the weekend.
Leer más »
Charles Hoskinson Supports Elon Musk, Here's HowEven though Twitter will not become crypto-friendly, creator of Cardano IOHK_Charles shows his support to Musk
Leer más »
What is an Ethereum Virtual Machine (EVM) and how does it work?What makes Ethereum so popular among developers? While it may be unheralded in the mainstream, the Ethereum Virtual Machine (EVM) is an integral reason why.
Leer más »
US Airlines Warn of a 'Catastrophic' Crisis Caused by New 5G ServicesSeveral executives from the United States airline companies think that newly installed 5G services could lead to a catastrophic aviation crisis.
Leer más »
More Than a Dozen Missing in Devastating Landslide on Italian Tourist Island“It’s a tragedy, the number of missing people in Casamicciola is still uncertain,' said island mayor Enzo Ferrandino.
Leer más »
Supply of Tokenized Bitcoin Dropped Significantly Since the Start of the Year – Blockchain Bitcoin NewsThis year, the number of tokenized bitcoins hosted on alternative blockchains like Ethereum and BSC, has dropped a great deal.
Leer más »