The latest price moves in crypto markets in context for Sept. 13, 2023.
with more than seven years of financial runway and enable us to continue to serve our customers while we operate as a crypto-only exchange," the company said in a statement."The SEC's aggressive attempts to cripple our industry and the resulting impacts on our business have real world consequences for American jobs and innovation, and this is an unfortunate example of that."a prediction market that allows traders to bet on the outcome of real-world events.
Prediction markets have been around for some time but have enjoyed a surge in popularity thanks to Polymarket. Polymarket, which was fined $1.4 million in January 2022 for unregistered swaps, offers bettors a plethora of contracts from the serious, such as the victor in the first Republican primary debate, to the absurd, like former President Obama’s sexuality, the chance of Russia using a nuclear weapon before the end of 2023, or the existence of aliens.
In the proposal filed Tuesday, FTX would still not have to issue advance public notice of transactions given their market-moving implications – as the prospect that a crypto player selling off as much as $100 million of assets a week has already chilled crypto prices. The U.S. Trustee originally objected to FTX’s plan, saying that any intention to sell bitcoin or ether should be flagged as widely as possible to give others an opportunity to object.
The 0.1% depth, a collection of buy and sell orders within 0.1% from the mid-price, has recovered more than the 1%, 2% and 4% gauges, representing liquidity in wider ranges.Overall liquidity conditions have
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