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Today’s Cryptocurrency Headline
The Solana Foundation disclosed updated information related to FTX.com. As of 11/14/22, the Solana Foundation has exposure to the below assets. These assets were held on FTX.com accounts (and continue to be held there) as of 11/6/22 when FTX.com ceased to process withdrawals.
In addition, the total exposure to Sollet-based assets on Solana in circulation is valued at approximately $40 million as of Nov 10, 2022. The status of the underlying assets is unknown at this time.
BingX’s Bitcoin Chart
According to CoinShare, digital asset investment products saw the largest inflows for 14 weeks totalling US$42m. Bitcoin is up 2.04% over the last 24 hours and rose to an intraday high of $17,168.80. The largest cryptocurrency fell to a low of $15,793.00 earlier in today’s session, and rallied towards $17,000 after CZ announced crypto market recovery fund. However, the price of Bitcoin was unable to sustain above $17,000, suggesting the uncertainty in the marketplace remains high. For now, a cautious investment attitude is necessary for market participants.
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