-
BTC 61,621.98 (+4.31%) -
ARS 1,104.70 (+2.60%) -
ETH 3,055.89 (+2.14%) -
SOL 142.58 (+2.81%) -
PEPE <0.01 (+4.28%) -
DOGE 0.14 (+4.63%) -
XRP 0.52 (+0.77%) -
WIF 2.98 (+7.17%) -
BONK <0.01 (+8.16%) -
ENA 0.84 (+2.82%) -
OP 2.87 (+4.25%) -
NEAR 6.65 (+8.36%) -
RUNE 5.22 (+4.04%) -
BOME <0.01 (+5.57%) -
ORDI 39.57 (+13.28%) -
AR 36.36 (+11.45%) -
JTO 3.48 (-0.34%) -
WLD 4.87 (+5.07%) -
FLOKI <0.01 (+1.42%) -
ETHFI 3.86 (+1.47%) -
OMNI 18.88 (+3.74%) -
AVAX 34.80 (+2.93%) -
HBAR 0.11 (+7.79%) -
ADA 0.46 (+1.55%) -
ICP 13.54 (+0.95%) -
LEVER <0.01 (+32.17%)
FTX petitions court to sell off 175M claim against DCGs Genesis Trading
Published: 2024-02-03
Title: "FTX Petitions Court,Claims DCG and Genesis Trading Manipulated the Market"
1. Market Manipulation Allegations (Main Topic 1): FTX,a leading cryptocurrency exchange,has filed a legal petition against DCG (Digital Currency Group) and Genesis Trading for alleged market manipulation. FTX accuses these entities of engaging in illegal activities,such as wash trading and spoofing,to manipulate cryptocurrency prices. This misconduct is believed to have caused significant harm to the market and negatively affected traders. FTX's petition highlights the need for regulatory scrutiny and the importance of ensuring fair and transparent trading practices within the crypto industry.
2. Impact on Investors and the Market (Main Topic 2): The allegations of market manipulation by DCG and Genesis Trading raise concerns about the integrity of the cryptocurrency market. If proven true,such actions could undermine the trust of investors and hinder the widespread adoption of digital assets. Market manipulation can artificially inflate or deflate prices,making it difficult for investors to make informed decisions. This case emphasizes the urgency for regulatory authorities to establish robust oversight and enforce strict regulations to mitigate such risks.
3. Legal Actions and Potential Consequences (Main Topic 3): FTX's decision to file a legal petition against DCG and Genesis Trading marks a significant step towards holding those involved in market manipulation accountable. This case could set a precedent for future legal actions against entities engaging in similar activities. If found guilty,the accused parties may face severe consequences,including financial penalties and reputational damage. It also highlights the increasing prominence of regulatory enforcement within the cryptocurrency industry,as authorities strive to protect investors and maintain market integrity. Please note that the details provided above are based on the information available in the article and should not be considered as final conclusions. Further developments and investigations are necessary to determine the validity of the allegations and the outcomes of the legal proceedings.
Reference: cointelegraph.com
The most traded coin
(Update every 1 hour)
| at | from | is ($US) | turnover ($) |
|---|---|---|---|
| 1 | BTC |
61,621.98 | 2,560,533,440.71 |
| 2 | ARS |
1,104.70 | 2,367,799,557.50 |
| 3 | ETH |
3,055.89 | 1,042,395,960.87 |
| 4 | SOL |
142.58 | 687,739,234.89 |
| 5 | PEPE |
<0.01 | 481,273,366.64 |
| 6 | DOGE |
0.14 | 193,255,665.55 |
| 7 | XRP |
0.52 | 184,102,765.44 |
| 8 | WIF |
2.98 | 169,971,938.40 |
| 9 | BONK |
<0.01 | 155,683,425.48 |
| 10 | ENA |
0.84 | 101,913,342.13 |
| 11 | OP |
2.87 | 95,944,686.07 |
| 12 | NEAR |
6.65 | 88,472,336.56 |
| 13 | RUNE |
5.22 | 83,821,614.02 |
| 14 | BOME |
<0.01 | 77,540,106.37 |
| 15 | ORDI |
39.57 | 73,320,726.45 |
| 16 | AR |
36.36 | 71,640,285.45 |
| 17 | JTO |
3.48 | 70,411,755.23 |
| 18 | WLD |
4.87 | 69,571,270.58 |
| 19 | FLOKI |
<0.01 | 66,450,097.29 |
| 20 | ETHFI |
3.86 | 61,906,327.71 |
| 21 | OMNI |
18.88 | 58,194,863.73 |
| 22 | AVAX |
34.80 | 52,262,783.24 |
| 23 | HBAR |
0.11 | 45,686,288.53 |
| 24 | ADA |
0.46 | 43,800,989.29 |
| 25 | ICP |
13.54 | 43,548,850.68 |
| 26 | LEVER |
<0.01 | 42,936,694.44 |
Coins with rapidly rising prices
(Update every 1 minute)
| at | from | is ($US) | more (%) |
|---|---|---|---|
| 1 | LEVER |
<0.01 | +32.17 |
| 2 |  HIGH |
4.22 | +19.76 |
| 3 |  POND |
0.02 | +17.15 |
| 4 |  PROM |
10.40 | +15.74 |
| 5 | ORDI |
39.57 | +13.28 |
| 6 |  API3 |
2.43 | +11.49 |
| 7 | AR |
36.36 | +11.45 |
| 8 |  HIFI |
0.78 | +11.19 |
| 9 |  RSR |
<0.01 | +9.74 |
| 10 |  JASMY |
0.02 | +8.68 |
| 11 |  XVS |
9.65 | +8.43 |
| 12 | NEAR |
6.65 | +8.36 |
| 13 |  IRIS |
0.03 | +8.32 |
| 14 |  PENDLE |
4.82 | +8.24 |
| 15 | BONK |
<0.01 | +8.16 |
| 16 |  CLV |
0.07 | +8.14 |
| 17 |  LOKA |
0.26 | +8.04 |
| 18 |  BLZ |
0.38 | +7.82 |
| 19 | HBAR |
0.11 | +7.79 |
| 20 |  LDO |
2.12 | +7.67 |
| 21 |  NEXO |
1.30 | +7.65 |
| 22 |  DODO |
0.18 | +7.65 |
| 23 |  VOXEL |
0.25 | +7.41 |
| 24 |  XEC |
<0.01 | +7.39 |
| 25 |  DUSK |
0.33 | +7.39 |
| 26 |  RARE |
0.11 | +7.38 |
| 27 |  RPL |
20.58 | +7.30 |
| 28 |  MLN |
21.81 | +7.23 |
| 29 | WIF |
2.98 | +7.17 |
| 30 |  PHA |
0.19 | +7.14 |
The price of coins is falling rapidly.
(Update every 1 minute)
| at | from | is ($US) | reduce (%) |
|---|---|---|---|
| 1 |  VGX |
0.10 | -10.17 |
| 2 |  ATA |
0.18 | -5.96 |
| 3 |  VIC |
0.66 | -4.79 |
| 4 | W | 0.73 | -4.06 |
| 5 |  AXL |
1.22 | -2.23 |
| 6 |  GNO |
304.70 | -2.03 |
| 7 |  FARM |
75.49 | -1.39 |
| 8 |  SUI |
1.12 | -1.33 |
| 9 |  TIA |
10.00 | -1.28 |
| 10 |  STEEM |
0.29 | -1.09 |
| 11 | ![BinaryX [OLD] title=](https://titdoi.com/coins-images-mini/BNX-binaryx.webp){kind=small} BNX |
0.99 | -1.04 |
| 12 |  ASR |
3.64 | -0.87 |
| 13 |  ELF |
0.55 | -0.54 |
| 14 |  SFP |
0.84 | -0.43 |
| 15 | JTO |
3.48 | -0.34 |
| 16 |  REN |
0.06 | -0.28 |
| 17 |  PAXG |
2,283.00 | -0.18 |
| 18 |  TRX |
0.12 | -0.01 |
Bitcoin's Greed and Fear Index.
?48
Neutral
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|---|---|---|---|---|
| 1 | Average Hourly Earnings m/m | Friday | 03-05-2024 | 13:30 |
| 2 | Non-Farm Employment Change | Friday | 03-05-2024 | 13:30 |
| 3 | Unemployment Rate | Friday | 03-05-2024 | 13:30 |
| 4 | Final Services PMI | Friday | 03-05-2024 | 14:45 |
| 5 | ISM Services PMI | Friday | 03-05-2024 | 15:00 |
| 6 | FOMC Member Williams Speaks | Saturday | 04-05-2024 | 01:15 |
| 7 | FOMC Member Cook Speaks | Saturday | 04-05-2024 | 14:20 |
