Crypto News Today Live Updates November and Latest News: (17 November 2022) The global cryptocurrency market register another decline due to the SBF’s FTX triggered collapse. The cumulative market cap is down by almost 3% over the past day.
The total crypto market cap now stands at $828.9 billion. The 24 hour trading volume has dropped by around 2% to stand at $60.78 billion.
SBF Likely To Testify In Front Of GOP House
Reports suggest that the group of representatives is planning to launch a hearing of Sam Bankman-Fried (SBF) over the FTX crash.
The hearing will focus on the SBF meeting with the SEC chair, Gary Gensler to create a crypto exchange.
SBF Chat Leak: Ex-CEO Regrets Bankruptcy
In an interview published by Vox, Sam Bankman-Fried (SBF) regrets his decision to file for bankruptcy. In a leaked chat, it can be seen that SBF is criticizing regulators. He mentioned “f*** regulators” and “They don’t protect customers at all”.
Bitcoin Price Down By 2%
Bitcoin price dropped by more than 2% in the last 24 hours. BTC is trading at an average price of $16,560.54, at the press time. Its 24 hour trading volume has also dropped by 3.8% to stand at $33.7 billion.
Crypto Market Declines By 3%
The global cryptocurrency market register another decline due to the SBF’s FTX triggered collapse. The cumulative market cap is down by almost 3% over the past day.
The total crypto market cap now stands at $828.9 billion. The 24 hour trading volume has dropped by around 2% to stand at $60.78 billion.
